Ten Key Factors Influencing Thursday's Stock Market
**Market Brief: Indices Hold Gains Amid Trade Deal Optimism**
**Market Overview**
Indian benchmarks extended their winning streak for a second session, closing marginally higher on Wednesday, **February 4, 2026**. Optimism surrounding the newly agreed **India-US trade framework**—which reduces US tariffs on Indian goods to **18%**—bolstered sentiment, helping the market absorb significant selling pressure in the IT sector.
**Key Closing Figures**
* **Nifty 50:** **25,776** (+48 points / +0.19%)
* **Sensex:** **83,817** (+78 points / +0.09%)
* **Bank Nifty:** **60,238** (+197 points / +0.33%)
* **Market Breadth:** Positive, with strength in broader markets.
**Sector Watch**
* **Top Gainers:** **Power, Realty, and Consumer Durables** led the rally.
* **Trent** and **Zomato (Eternal)** surged **~5%** each.
* **NTPC** and **Adani Ports** added **~2.4%**.
* **Top Losers:** **IT** stocks faced a brutal sell-off triggered by AI disruption fears (following Anthropic’s new tool launch).
* **Infosys** crashed **7.3%**; **TCS** plunged **7%**.
* **HAL** tumbled **8%** after reports of its exclusion from the AMCA defense project.
**Technical Outlook**
* **Trend:** The Nifty formed a "Hanging Man" or bearish candle but managed to close above the **25,750** zone, indicating buyers are defending lower levels.
* **Support:** Immediate support lies at **25,500**, followed by the crucial **25,200** base.
* **Resistance:** The **26,000** psychological mark remains a tough ceiling for further upside.
* **Analysis:** Experts suggest a "buy on dips" strategy as long as **25,500** holds, though volatility from global IT cues may persist.
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... [Market Crash Context: Why ₹6 Lakh Crore Vanished Recently](https://www.youtube.com/watch?v=_5yQ5Xd9pps) ...
This video provides context on the recent market volatility and crash that preceded the current recovery trend.
http://googleusercontent.com/youtube_content/0