The market ended lower on February 3, with the Sensex closing down 285 points at 24,539 and the Nifty down 100 points at 7,455. Tata Steel, NTPC, BHEL, Hindalco and Cipla were major losers. Bharti Airtel, Bajaj Auto, Lupin and Wipro were gainers. The document recommends buying Tata Steel at Rs. 227, targeting Rs. 229/231/233 with a stop loss of Rs. 223. FIIs were net buyers of Rs. 253.88 crore on February 1.