The Indian stock market exploded upward on February 2, with the Sensex jumping nearly 950 points and the Nifty surging over 260 points — and the mood online flipped instantly from cautious to euphoric. The rally was broad-based. Banking, IT, auto, and metal stocks all participated, signalling confidence rather than a narrow spike. Market watchers attribute the surge to strong global cues, easing inflation worries, and renewed foreign investor buying after weeks of hesitation.