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The Indian stock market benchmarks, the Sensex and the Nifty 50, ended with decent gains on Friday, February 6, on buying in select heavyweights, including ITC, Kotak Mahindra Bank, and ICICI Bank.

The Sensex ended 266 points, or 0.32%, higher at 83,580.40, while the Nifty 50 closed at 25,693.70, up 51 points, or 0.20%.

However, the mid and small-cap segments underperformed. The BSE 150 MidCap Index dropped 0.11%, while the BSE 250 SmallCap Index fell by 0.42%.

Market benchmarks rose on short covering in select heavyweights amid mixed global cues. While the growth-oriented Union Budget and India's trade deals with the European Union and the United States of America have further improved the country's macroeconomic outlook, mixed quarterly earnings and foreign capital outflow keep sentiment cautious.

The status quo in interest rates and policy stance by the Reserve Bank of India also did not offer a major boost to the market.

Shares of ITC (up 5.21%), Kotak Mahindra Bank (up 3.33%), and Hindustan Unilever (up 2.83%) ended as the top gainers in the Nifty 50 index.

HDFC Life Insurance Company (down 2.40%), Tech Mahindra (down 1.83%), and TCS (down 1.71%) ended as the top losers in the index. As many as 31 stocks ended lower in the Nifty kitty of stocks.

Nifty Bank ended almost flat at 60,120.55, while the Financial Services index rose by 0.43%.

Nifty FMCG clocked a strong gain of 2.27% to end as the top gainer among the sectoral indices.

Nifty Consumer Durables rose by 0.96%. Nifty Private Bank, Realty, and Oil and Gas indices rose more than half a per cent each.

Vodafone Idea (58 crore shares), Tata Silver Exchange Traded Fund (43.5 crore shares), and Nippon India Silver ETF (16.9 crore shares) were the most active counters in terms of volume on the NSE.

The advance-decline ratio remained in favour of decliners as over 1,900 stocks advanced while over 2,200 declined on the BSE.

Loyal Textile Mills, Modis Navnirman, IZMO, and Apollo Pipes were among the 18 stocks that jumped over 15% on the BSE.

Some 83 stocks, including IOC, APL Apollo Tubes, Jindal Steel, FSN E-Commerce Ventures, and SAIL, hit their 52-week highs on the BSE.

Naukri, Mankind Pharma, and Procter & Gamble Hygiene and Health Care were among the 107 stocks that hit their 52-week lows in intraday trade on the BSE.

(This is a developing story. Please check back for fresh updates.)

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