SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Nifty ends higher amid bargain hunting

02 Feb 2026 Evaluate

Indian equity benchmark -- Nifty ended higher with notable gain on Monday amid bargain hunting. Index made a cautious start following negative cues from other Asian markets. Soon, index turned volatile during the morning session amid traders were cautious as government’s budget proposal to increase taxes on equity derivatives trading. However, in afternoon session, Index gained some traction as market participants opted to buy fundamentally good stocks at lower levels. further, some support came from the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI), which surged to 55.4 in January 2026 from 55.0 in December 2025, indicating a stronger improvement in the health of the sector. Besides, sentiments remained upbeat as investors took note of Commerce Secretary Rajesh Agrawal's statement that the Budget for 2026-27 announced a series of measures and provides strong systemic support to India’s export ecosystem by focusing on areas such as manufacturing, logistics and trade facilitation. In last leg of the session, index intensified its gain and maintained it till the end of the session.

Traders were seen piling up positions in Auto, Oil & Gas and Metal stocks, while selling was witnessed in IT, Media and Pharma. The top gainers from the F&O segment were Hindustan Zinc, Power Grid Corporation of India and Premier Energies. On the other hand, the top losers were PB Fintech, Bharat Dynamics and Oil India. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 23900 - 24100 puts indicating this is the trading range expectation.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×