Stock markets end marginally higher as heavy sell-off in IT counters spoil sentiment
The Hindu
Stock markets closed slightly higher despite IT sector sell-off, with Sensex up 0.09% and Nifty gaining 0.19%.
Benchmark indices Sensex and Nifty ended marginally higher on Wednesday (February 4, 2026) as a sharp decline in IT blue-chip stocks restricted the rally in the markets.
After a remarkable rally in the previous trade, the 30-share BSE Sensex ended 78.56 points or 0.09% higher at 83,817.69. During the day, it hit a high of 83,947.53 and a low of 83,119.95, gyrating 827.58 points.
The 50-share NSE Nifty went up by 48.45 points or 0.19% to settle at 25,776.
From the Sensex firms, Eternal, Trent, NTPC, Adani Ports, Power Grid and Maruti were among the biggest gainers.
Infosys, Tata Consultancy Services, HCL Tech and Tech Mahindra were the biggest laggards, declining as much as 7%.
The BSE IT index tumbled 5.49% to settle at 35,109.51.

The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.












