Indian stock markets traded lower on February 6, 2026, as investors reacted to the Reserve Bank of India’s policy decision and weak global cues. The session saw pressure across most sectors, with IT stocks leading the losses, while a few financial and consumption stocks offered support.
By mid-session, the Nifty 50 slipped below the 25,600 mark, while the BSE Sensex traded around the 83,000 level, reflecting cautious sentiment on Dalal Street. The movement in key stocks has become crucial for traders and investors tracking short-term opportunities.
Benchmark Indices: Market Snapshot
As of February 6, 2026:
- Nifty 50: around 25,500–25,600
- BSE Sensex: near 82,900–83,200
- Broader markets also showed weakness, with mid- and small-cap stocks declining.
The decline followed cautious investor sentiment ahead of the central bank’s policy decision and weak global technology stocks.
Top Gainers to Watch Today
Despite the overall market weakness, a few stocks showed strength due to earnings, sectoral momentum, or defensive buying.
Key Gainers in Sensex-linked stocks
- Trent Ltd: up about 2–3%
- Max Healthcare Institute: up around 1.4%
- ONGC: up nearly 0.8%
- Jio Financial Services: up around 0.7%
- State Bank of India: up about 0.5%
Stocks in focus after earnings or news
- Nykaa (FSN E-Commerce Ventures): gained over 4% after strong quarterly results.
- Life Insurance Corporation (LIC): surged about 7% following improved earnings.
- Tata Steel: showed strength in the previous session, outperforming the broader market.
These stocks are drawing attention for relative strength in a weak market.
Top Losers to Watch Today
Technology and select large-cap stocks led the losses amid global concerns about the impact of artificial intelligence on IT services.
IT Sector Under Pressure
- The Nifty IT index fell about 1.8% on the day.
- The index is down around 6–7% for the week, marking its worst performance in four months.
Major IT stocks facing selling pressure
- Infosys
- TCS
- Wipro
- HCLTech
Other notable laggards
- ITC shares slipped in the previous session.
- Some mid- and small-cap stocks also declined sharply.
All major sectors traded lower in early trade, highlighting broad-based selling.
Key Reasons Behind Today’s Market Moves
1) RBI Policy Decision
Markets turned cautious ahead of the central bank’s monetary policy outcome. The RBI is widely expected to keep the repo rate unchanged at 5.25%.
2) Weak Global Technology Stocks
A tech-led sell-off in global markets weighed on Indian IT stocks.
3) AI-Related Concerns in IT Sector
New AI tools have raised fears about the long-term outlook for IT outsourcing companies. This triggered heavy selling in major IT stocks.
Broader Market Performance
- Mid-cap index: down around 0.3–1%
- Small-cap index: also under pressure
The broader market decline suggests investors are reducing risk ahead of major policy signals.
Stocks in Focus for Traders
High-Interest Stocks Today
- Bharti Airtel
- Hero MotoCorp
- Tata Motors Passenger Vehicles
- Kaynes Technology
- Nykaa
These stocks are in focus due to earnings updates, sector news, or corporate developments.
What Traders Should Watch in Today’s Session
Key factors likely to influence the market:
- RBI monetary policy decision
- Movement in global markets
- IT sector performance
- FII and DII activity
- Crude oil prices and currency movement
Short-Term Market Outlook
Market experts expect continued volatility in the near term due to:
- Policy-related uncertainty
- Global tech-sector weakness
- Profit booking after recent highs
However, strong domestic fundamentals and earnings growth may provide support in the coming weeks.
Key Levels to Watch
Nifty 50
- Support: around 25,400
- Resistance: near 25,800–26,000
Sensex
- Support: around 82,500
- Resistance: near 83,800–84,000
Investment Strategy for Retail Investors
In the current market conditions:
- Avoid aggressive buying in falling sectors.
- Focus on fundamentally strong stocks.
- Invest gradually instead of lump-sum buying.
- Keep a long-term investment horizon.
Bottom Line
The stock market on February 6, 2026, remains under pressure, with benchmark indices trading in the red. The IT sector is leading the losses, while select financial, healthcare, and energy stocks are showing strength.
Top gainers today include stocks like Trent, Max Healthcare, ONGC, and LIC, while IT majors such as Infosys, TCS, and Wipro are among the key losers.
Investors should keep a close watch on the RBI policy outcome and global market trends, as these factors are likely to decide the direction of the market in the coming sessions.
Financial Disclaimer: Markets and investment-related products are subject to risks and fluctuations. Readers should conduct their own research and consider consulting a qualified financial advisor before making any investment decisions.
Last Updated on: Friday, February 6, 2026 2:35 pm by Digital Herald Team | Published by: Digital Herald Team on Friday, February 6, 2026 2:35 pm | News Categories: News