Home » Stock Market Prediction for Nifty & Bank Nifty 2nd February 2026

Stock Market Prediction for Nifty & Bank Nifty 2nd February 2026

In today’s stock market, Dalal Street tumbles sharply today, with Sensex falling 1,700 points; Nifty slips below 24,800.

Stock Market Nifty Chart Prediction

On Feb 1, Sensex was down 2,086 points at 80,479, and the Nifty slipped 651 points to 24,767. About 1,057 shares advanced, 2,073 shares declined, and 97 shares remained unchanged.

Top Nifty gainers: WIPRO, MAXHEALTH, TCS
Top Nifty Losers : BEL, HINDALCO, ONGC

Among sectors, except IT, all other indices ended in the red with metal index shed 3.8%, PSU Bank declined 4%, oil & gas slipped 2.7%, Capital Goods fell 3%.

Nifty Midcap index fell 2.2% and smallcap indices shed 2.8%.

Best Stocks of the day according to AI (Delta Dash)

Worst Stocks of the day according to AI (Delta Dash)

Stock Prediction for 1st February 2026

Prediction for Monday NIFTY can go up if it goes above 25,000 or down after the level of 24,700, but it also depends upon the Global cues.

The Indian stock market witnessed a volatile session following the Union Budget. Both benchmark indices ended sharply lower after swinging between gains and losses. The Nifty fell 593.45 points to 24,825, down 1.95%, while the Sensex also closed deep in the red. The market opened positively, with Sensex rising over 450 points in early trade, but heavy selling emerged after the Budget speech. NIFTY (24,825) has turned bearish in the last trading session. Traders may consider short positions with a stop-loss at 25,332 on a daily closing basis. NIFTY will remain in a negative trend as long as it trades below 25,332. Technically, resistance is seen in the 25,000–25,500 zone, while support lies between 24,700 and 24,400.

Highest Call Writing at
25,000 (2.2 cr)
Highest Put Writing at
24,700 (1.2 cr)

Nifty Support and Resistance

Support 24,700 and 24,400
Resistance
25,000–25,500

Bank Nifty Daily Chart Prediction

Prediction For Monday BANKNIFTY can go up if it goes above 59,400 or down after the level of 58,700, but it also depends upon the Global cues.

BANKNIFTY (58,417) Banknifty has entered negative trend in last trading session. You can go short in Banknifty with stoploss of 59664 on daily closing basis. Banknifty would be considered bearish till it trades below 59664 levels. Technically, resistance is seen in the 59,400–60,000 zone, while support lies between 58,700 and 58,000.

Highest Call Writing at59,400 (18.1 Lk)
Highest Put Writing at58,700 (6.6 Lk)

Bank Nifty Support and Resistance

Support58,700 and 58,000
Resistance
59,400–60,000

Voice Of Traders by Spider Software

HDFC Securities’ SECRET Stock Picking Formula! (STRATEGY REVEALED)

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