On February 7, the second half of the trading session saw a sharp decline in the Sensex and Nifty, which was due to the Reserve Bank of India (RBI) reducing interest rates by 0.25 percent after a long time. After this, the market suddenly broke down at 2 pm and came down to a low of 23443. Experts say that RBI MPC reduced the repo rate to 6.25 percent as expected, yet the instability remained. Because FIIs continue to sell in financial, FMCG and IT stocks. That is why this fall put pressure on Nifty. But after an hour, buying started increasing in the metal index and the market became flat.

Both of these are highly dependent on metals. Therefore, strong buying was seen in metal stocks. JSW Steel, Tata Steel, Jindal Steel and Welspun Corp climbed 3-7 per cent. In the end, on Friday 7 February 2025, the metal index has the biggest hand behind the recovery. There was a strong recovery in the shares of metal index companies. After the RBI policy, profit booking has been strong in the market - Sensex closed 198 points down at 77,860. Nifty closed 43 points down at 23,560. Nifty Bank closed 223 points down at 50,159. Midcap closed 108 points up at 53,609. 17 out of 30 Sensex stocks fell. Rupee strengthened by 15 paise to close at 87.43/$. Experts who assess the market on technical charts say that there is support for Nifty 50 at 23,450-23,500. As long as Nifty trades above this, there is a good possibility of an upward breakout. What next?  Rajesh Agarwal of AUM Capital told CNBC Awaaz that Hyundai shares can be bought. A rise of 3-4 percent is expected. But the stock can be kept for 6 months. He says that margins are good. Exports are expected to increase. The company has taken over General Motors' plant. At the same time, demand for Creta EV is good. Rajesh Kothari, founder of AlphaAccurate Advisors, says that shares of good companies have fallen by -30 percent. There is an opportunity to buy in these shares. Concerns about Trump are also over now. In such a situation, investors have a chance to buy. Money can be invested for 3-5 years. Because the budget has also come out well. Money can be invested in companies of pharma and auto sector.