Stock market closing bell: The domestic stock market closed on Thursday (6 February) in the second consecutive trading session on Thursday (6 February) amid a mixed trend from global markets. The December quarter results of the indigenous companies were weak due to expectation, the market sentiment was negative. Also, investors are taking alert stance before the decision on RBI interest rates.
BSE Sensex, with thirty -share BSE Sensex, climbed more than 200 points to 78,513 points on Thursday (6 February). It slipped up to 77,843 points during trading. Finally, the Sensex fell by 213 points or 0.27% to close at 78,058.
Similarly, the Nifty 50 of the National Stock Exchange (NSE) was also in decline. It closed at 23,603, declining 92.95 points or -0.39%.
The reason for the decline in the stock market on Thursday (February 6)?
1. After registering a minor loss on Wednesday, both benchmarks started about 0.3% more. However, the sentiments were cautious before the RBI’s expectation of interest rate cut widely for the first time in about five years.
2. The stock market declined due to the interest rate -linked auto and consumer shares due to the vigilance of the Reserve Bank of India (RBI) a day before the decision.
3. The December quarter results of the indigenous companies were weak due to expectation, the market sentiment was negative.
Top loses
Bharti Airtel, Titan, NTPC, State Bank of India, ITC, Tata Steel, Mahindra & Mahindra and Tata Motors were prominent among the Sensex companies.
Top gainers
On the other hand, shares of Adani Ports, Infosys, Axis Bank, HCL Technologies, Tech Mahindra and IndusInd Bank closed off.
Investors focus on RBI’s decision
Investors’ focus is on the decision on RBI’s interest rates. The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting started on Wednesday (5 February). The results of the meeting will be announced on Friday (7 February).
Vinod Nair, head of research of Geojit Financial Services, said, “The benchmark indexis declined slightly. Investors were seen waiting for the RBI’s decision on a possible cuts in interest rates amid concerns at the trade war. Despite the government’s focus on promoting consumption to give dull growth, the broker market remained in alert and consolidation face. ”
Foreign investors continue selling
The process of selling foreign investors continues continuously. Foreign portfolio investors (FPIs) have so far sold equity worth $ 9.23 billion from domestic markets in 2025.