Stock market recap, Feb. 1 -- The Indian stock markets closed lower on Friday, 30 January, as various factors led to widespread selling across different sectors. The Sensex dropped approximately 0.35% to finish close to 82,269, while the Nifty 50 fell 0.40% to 25,320.
According to experts, the decline was influenced by profit-taking in anticipation of the Union Budget, a significant drop in commodity prices, and weak signals from global markets, which collectively led to a cautious investor sentiment.
Investors will now focus on the Union Budget scheduled for Sunday, 1 February. The markets will function in a special trading session.
Best stocks to buy on 1 February (All Buy trades are rates of Equity & Sell rates are based on F&O)
M&...
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