February 03, 2026 06:52 am (IST)
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Stock Market
Representational Photo: ChatGPT

Mumbai/IBNS: The Indian stock market opened on a muted note on Friday as investors remained cautious ahead of the release of the Q2FY2026 GDP figures later in the day, reports said.

The BSE Sensex started slightly higher at 85,791.55, inching up from Thursday’s close of 85,720.38. The NSE Nifty 50 mirrored the trend, opening at 26,237.45 compared to its previous close of 26,215.55.

Friday’s subdued opening comes after a strong rally in the previous session, where both benchmark indices hit fresh intraday record highs. The Sensex breached the 86,000 mark for the first time, while the Nifty surged past 26,300.

Broader market indices, however, showed signs of weakness. The Nifty MidCap index slipped 0.18%, while the Nifty SmallCap index fell 0.23%.

Sectoral performance remained mixed. Nifty Media, Nifty Financial Services, and Nifty Oil & Gas declined, whereas Nifty Auto, Nifty FMCG, Nifty IT, and Nifty PSU Bank traded in the green.

Market expert Anil Singhvi told Zee Business that he sees support for the Nifty 50 at 26,035–26,135, and identified a strong buy zone between 25,915–26,000 for the session.

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