As a result, while the near-term tone appears constructive, traders are likely to stay selective rather than chase the broader market higher. Overnight moves in US equities and commodities are expected to influence domestic sentiment, especially in IT, metals and energy stocks. “Equity markets continue to draw support from positive progress in India-US trade discussions, which remains the key sentiment driver today. Intraday volatility is therefore likely, with traders expected to adopt a buy-on-dips approach rather than aggressive longs at higher levels. Overall, Wednesday’s session is likely to be characterised by a positive bias, but with caution.

Source: Indian Express February 04, 2026 03:05 UTC