Nifty 50 and Sensex recover late gains as RBI holds repo rate at 5.25%. Explore top gainers like ITC and Kotak Bank, FII/DII trends, sector rotation, and upcoming IPOs in our post-market wrap.
Market Overview: Feb 6, 2026
Indian equity benchmarks staged a late-session comeback after a volatile start, driven by the Reserve Bank of India’s decision to maintain the repo rate at 5.25%. The Nifty 50 closed up 50.90 points at 25,693.70, while the Sensex gained 266.47 points to settle at 83,580.40.
Despite weak global cues and tech sector pressure, FMCG and private banking stocks led the recovery, with ITC surging over 5%.
🔹 Benchmark Index Performance
| Index | Closing Level | Change (Pts) | % Change |
|---|---|---|---|
| Nifty 50 | 25,693.70 | +50.90 | +0.20% |
| S&P BSE Sensex | 83,580.40 | +266.47 | +0.32% |
| Nifty Bank | 53,145.20 | +182.40 | +0.34% |
| Nifty Midcap 100 | 59,502.70 | -14.40 | -0.02% |
🔹 Top Gainers & Losers
📈 Nifty 50 Gainers
- ITC: +5.21% (Budget clarity + FMCG demand)
- Kotak Mahindra Bank: +3.33%
- HUL: +2.83%
- Bajaj Finance: +1.79%
- Bharti Airtel: +1.54% (ARPU growth)
📉 Nifty 50 Losers
- HDFC Life: -2.40%
- Tech Mahindra: -1.83%
- TCS: -1.71%
- SBI Life: -1.54%
- Tata Motors PV: -1.40%
🔹 Global Market Snapshot
- Nasdaq: -1.59% (Tech sell-off: Microsoft, Amazon)
- Hang Seng: -1.21%
- Kospi: -0.88%
- Nikkei 225: +0.81% (Regional support)
🔹 News Highlights
- RBI Policy: Repo rate unchanged at 5.25%, neutral stance
- Hitachi Energy: Shares jump 13% on 90% YoY PAT growth
- Bharti Airtel: Net profit dips 55% YoY; ARPU rises to ₹259
- Crude Oil: Brent at $68.34/barrel
🔹 Sectoral Trends
🟢 FMCG & Private Banks: Market Pillars
- ITC led the FMCG rally
- Kotak Bank supported Nifty Bank index
- Defensive rotation amid global tech volatility
🔴 IT Sector: Under Pressure
- Nifty IT index dragged by global tech sell-off
- TCS, Infosys face profit booking
- AI capex concerns persist
🔹 Upcoming IPOs & Events
- SME IPOs: PAN HR Solution, Biopol Chemicals open till Feb 10
- Mainboard IPOs: Fractal Analytics, Aye Finance open Feb 8
- Sector Rotation: Analysts favor FMCG, Metals over Tech
🔹 India VIX & Institutional Activity
- India VIX: Down 1.97% to 11.93 (low volatility zone)
- FIIs: Net sellers ₹2,150.51 Cr
- DIIs: Net buyers ₹1,129.82 Cr
Domestic institutions continue to absorb FII outflows, stabilizing sentiment.
❓ FAQs
Q1. Why did the market rebound today? RBI’s stable policy and strong FMCG/banking performance drove late gains.
Q2. What is the current repo rate? 5.25%, unchanged as per RBI’s Feb 6 policy.
Q3. Why are IT stocks falling? Global tech sell-off and AI capex concerns are weighing on sentiment.
Q4. Is India VIX high? No. At 11.93, it signals low volatility.
Q5. Which stocks performed best today? ITC, Kotak Bank, HUL led the gainers.
Q6. What’s the FII/DII trend? FIIs are selling; DIIs are buying, providing support.
Q7. What IPOs are coming up? Fractal Analytics and Aye Finance open on Feb 8.
Investment Perspective
The Nifty’s bullish candle hints at a short-term reversal if it sustains above 25,800. With FII selling still a concern, investors should adopt a buy-on-dips strategy in quality large-caps—especially in banking and FMCG—while staying cautious on IT until global cues improve.
⚠️ Disclaimer This article is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered advisor before making financial decisions.
