Markets Dip at Midday: Energy and Commercial Services Lead Losses
Indian stock markets show a slight dip in mid-day trading, with Nifty 50 down 0.23% and Sensex down 0.10%. Energy and Commercial Services sectors lead losses, while Castings, Forgings & Fasteners sector shows resilience with a 3.21% gain. National Aluminium, Allied Blenders, Cochin Shipyard, and Virtual Global Education make headlines with corporate announcements. Overall market sentiment remains cautious.
*this image is generated using AI for illustrative purposes only.
Market Overview at Noon on February 1, 2026
The Indian stock markets are showing a slight dip in today's mid-day trading session. Both the NSE Nifty 50 and BSE Sensex are trading in the red, with key indices experiencing marginal losses.
| Index | Current Price | Close Price | Change | Last Updated |
|---|---|---|---|---|
| Nifty 50 | 25,263.40 | 25,320.65 | -57.25 (-0.23%) | 01/02/2026 12:00:09 |
| BSE Sensex | 82,191.51 | 82,269.78 | -78.27 (-0.10%) | 01/02/2026 12:00:19 |
Sectoral Performance
The market is witnessing a mixed performance across sectors, with some facing significant pressure.
Top Losing Sectors
| Sector | Average Percentage Change |
|---|---|
| Energy | -19.70 |
| Commercial Services | -19.07 |
| Forest Materials | -17.78 |
| Realty | -15.27 |
| FMCG | -15.15 |
Top Performing Sector
The Castings, Forgings & Fasteners sector is showing resilience with an average percentage change of 3.21%.
Buzzing Stocks
Several companies have made headlines today:
National Aluminium Company Limited announced the superannuation of Executive Director (M&R) Shri Niranjan Samal, effective January 31, 2026.
Allied Blenders and Distillers received partial relief from the Commissioner of Income Tax (Appeals) in pending appeals for assessment years 2014-15 to 2024-25.
Cochin Shipyard Limited reported the retirement of Chairman & Managing Director Madhu Sankunny Nair on January 31, 2026. Director (Finance) Jose V J will take additional charge for 3 months from February 01, 2026.
Virtual Global Education Limited saw Orchard Road Properties Private Limited acquire 2,37,50,000 equity shares through warrant conversion, resulting in a 4.37% shareholding.
Market Sentiment
The overall market sentiment appears cautious, with key indices showing slight declines. The energy and commercial services sectors are facing the most pressure, while the castings, forgings & fasteners sector is bucking the trend with positive performance.
As the trading day progresses, investors will be closely watching these trends and any further developments that may impact market direction.
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