New Delhi, Feb. 3 -- Market recap: 1 February

The Indian stock market closed on the upside, with the Auto and IT and Consumption sectors pulled the market up. The Nifty 50 index closed at 24,188.65 while the BSE Sensex closed at 79,943.71, up 1.83%.

Nifty Media sectors underperformed the market and closed in red.

The top performers in Nifty 50 stocks were EICHERMOT (+8.65%), BAJAJFINSV (+7.88%), BAJFINANCE (+6.32%) and MARUTI (+5.65%).

Also read: Godrej Consumer Q3: A perfect storm of cost pressures, weak demand

On the other hand, the top losers in the market were SUNPHARMA (-0.63%) and BRITANNIA (-0.14%).

Indian stock market's outlook

As indicated on the chart, the Nifty has broken through the 24,000 level. We can now shift our fo...