On Thursday, February 6, 2025, benchmark equity indices BSE Sensex and NSE Nifty50 ended the trading consultation within the purple as investors remained cautious in advance of the Reserve Bank of India’s Monetary Policy Committee (MPC) choice, scheduled for Friday, February 7.
The BSE Sensex declined by way of 213.12 points, or 0.27%, to shut at 78,058.Sixteen, after fluctuating among an intraday high of 78,551.66 and a low of 77,843.99. Similarly, the NSE Nifty50 slipped 92.95 points, or 0.39%, to settle at 23,603.35. The Nifty50 hit an afternoon’s high of 23,773.55 and a low of 23,556.25 throughout the session.
The market downturn became pushed by using losses in heavyweight stocks. Among the Nifty50 constituents, Trent, Bharat Electronics, Bharti Airtel, ONGC, and Titan were the top laggards, falling up to 8.39%. However, some stocks controlled to greenback the fashion. Cipla, Adani Ports, Infosys, and Dr. Reddy’s Labs closed in fantastic territory, gaining up to 2.51%.
Broader markets mirrored the benchmarks, with the Nifty Midcap100 and Nifty Smallcap100 indices losing 1.26% and 0.30%, respectively. Sectorally, the overall performance was mixed. Indices like Nifty Auto, FMCG, Consumer Durables, Realty, and Financial Services posted losses of up to 2.19%. On the other hand, Nifty Bank, IT, Pharma, Private Bank, and Healthcare indices registered gains, rising as plenty as 0.64%.
As traders watch for clarity on the crucial bank’s hobby fee coverage, the market remains on the facet, stimulated with the aid of worldwide and home elements.
Disclaimer: The information supplied right here is for informational purposes best and must no longer be considered monetary recommendation. Market investments are difficult to dangers, and beyond overall performance does not guarantee destiny results. Investors need to conduct their personal studies or consult a monetary consultant earlier than making any investment choices.