New Delhi, Feb. 3 -- Nifty 50 on 1 February: Recap

On February 1, the market displayed a fair amount of volatility, with the benchmark indices showing mixed movements. The Sensex ended almost flat at 77,506.96, up a mere 5.39 points (0.01%), while the Nifty50 closed lower at 23,482.15, down 26.25 points (0.11%).

FMCG and Realty stocks emerged as top performers, with their respective indices rising by over 3% each, whereas IT, PSU Banks, and Financial Services sectors faced declines. Overall, the market's reaction was relatively muted, baring a heightened action in the Consumption sector as the Finance Minister announced some key initiative that triggered some pent-up reaction in this sector.

Now, we need to step into the week as trader...