Top Gainers & Losers: Adani Enterprises, Tuesday, February 03, 2026
Published: 2026-02-03 16:30 IST | Category: Markets | Author: Abhi
Top Nifty 50 Gainers Today
- Adani Enterprises: up 10.75%
- Jio Financial Services: up 8.83%
- Adani Ports and Special Economic Zone: up 7.55%
- Bajaj Finance: up 6.47%
Top Nifty 50 Losers Today
- Tech Mahindra: down 0.66%
- Bharat Electronics: down 0.16%
- SBI Life Insurance: down 0.08%
Analysis: Reasons Behind the Moves
The Indian equity markets experienced a historic rally on Tuesday, driven primarily by the announcement of a long-awaited trade deal between India and the United States. Under this agreement, the U.S. government agreed to significantly reduce reciprocal tariffs on Indian goods from as high as 50% down to 18%. This move effectively removed a major "overhang" that had previously triggered record foreign outflows and weighed on domestic sentiment.
The tariff reduction is expected to provide a massive boost to export-oriented sectors, including textiles, pharmaceuticals, and aquaculture. Consequently, the market saw broad-based buying across almost all sectors, with the Nifty 50 nearing all-time highs. The Adani Group stocks were among the biggest beneficiaries of the improved sentiment, with Adani Enterprises and Adani Ports leading the gainers' list.
Additional support for the market came from a strengthening rupee, which recorded its largest single-day gain in over three years, and short-covering by Foreign Institutional Investors (FIIs). While the IT sector saw significant intra-day volatility—with some stocks hitting record highs before paring gains—the overall market remained decisively positive. Only four stocks in the Nifty 50 index managed to end the day in negative territory, reflecting the overwhelming bullish momentum.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers