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Stock Market Today LIVE: Sensex, Nifty 50 recover from day's low after RBI policy ; MPC keeps repo rate unchanged

Published on 06/02/2026 07:53 AM

Stock Market Today LIVE: The domestic benchmark indices opened marginally lower on February 6, with Sensex at 83,249.32 (down 64.61 points or 0.08%) and Nifty 50 at 25,605.80 (down 37 points or 0.14%).

Out of the 16 major sectors, eleven began the day in the red. The broader small-cap and mid-cap indices experienced drops of 0.9% and 0.3%, respectively.

As of 9:18 IST, the Nifty 50 had declined by 0.07% to 25,626.2, while the BSE Sensex fell by 0.01% to 83,313.22.

The Indian stock market was expected to open lower on Friday amid weak global cues, and ahead of the RBI monetary policy later today. The trends on Gift Nifty also signal a negative start for the benchmark indices, Nifty 50 and Sensex today.

Gift Nifty was trading around 25,585 level, a discount of nearly 140 points from the Nifty futures’ previous close.

The Reserve Bank of India (RBI) will announce its monetary policy decision later today. The RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) is expected to keep the repo rate unchanged at 5.25%, with focus likely to be on liquidity management and transmission.

On the global front, Asian markets traded lower and the US stock market declined overnight, dragged by a sell-off in tech stocks on worries over improving AI tools could eat into profit margins across the sector.

The stocks to watch today include Tata Steel, BEML, Shree Cement, Siemens, Kalyan Jewellers India, MRF, Crompton Greaves Consumer Electricals, Kalpataru, Lemon Tree Hotels, Shipping Corporation Of India, Sun TV Network, Whirlpool of India, among others as they will report their Q3 results today.

Moreover, Bharti Airtel, Tata Motors Passenger Vehicles, Hero MotoCorp, Rail Vikas Nigam Ltd (RVNL), Federal Bank, Ultratech Cement, Berger Paints, Physicswallah, FSN E-Commerce Ventures (Nykaa), and other stocks will also be in focus today.

Stay tuned to our Stock Market Today Live blog for the latest updates.

Sensex Today Live Updates: According to Ruchit Jain, VP - Head of Equity Technical Research, Motilal Oswal Financial Services, Nifty IT Index is the biggest underperformer this week and the trend for IT stocks changed to negative on Wednesday, as it breached its 200 DEMA support with a significant gap. As of now, no reversal signs are seen there and hence IT stocks could continue the relative underperformance in absence of fresh buying interest.

Sensex Today Live Updates: FSN E-Commerce Ventures, the parent of Indian beauty retailer Nykaa, saw its shares surge another 6.2% in Friday’s trade on February 6, hitting a 1-year high of ₹274.45 apiece.This extended the stock’s winning run to a fourth straight session, as brokerages raised their target prices following the company’s better-than-expected performance in the December-ending quarter.

According to CNBC TV18, Japanese brokerage firm Nomura upgraded Nykaa to a “buy” from “hold” and raised its price target to ₹305 from ₹261 earlier, implying an upside potential of 18% from Thursday’s closing price. Mint could not independently verify this report.

Sensex Today Live Updates: Hareesh V, Head of Commodity Research, Geojit Investments, said - "Gold and silver remain volatile as last week’s steep plunge was driven by hawkish Fed expectations after Kevin Warsh’s nomination, a stronger dollar, and sharp CME margin hikes that forced leveraged unwinding. Profit‑taking after record highs also amplified rapid swings, keeping market sentiment fragile.

What should investors do-

Bullion investors should stay patient and avoid reacting to short‑term volatility triggered by margin hikes, profit‑taking and policy uncertainty. Gradual, staggered accumulation can help manage timing risks as long‑term fundamentals like geopolitical tensions, central‑bank demand and currency pressures remain supportive.

Monitoring the dollar and upcoming Fed signals is crucial, while keeping positions balanced to navigate heightened volatility."

Sensex Today Live Updates: India's central bank has lifted the 2.5 trillion rupee ($27.70 billion) cap on investments in debt securities through the voluntary retention route (VRR), announced the governor of the Reserve Bank of India on Friday.

Sensex Today Live Updates: The Indian rupee is currently valued slightly higher at 90.27 against the dollar, compared to the previous finish of 90.35 on Thursday.

Stock Market Today LIVE: RBI projects inflation for current fiscal year at 2.1%; 4% for Q1 in FY27 and 4.2% in Q2.

Sensex Today Live Updates: Manju Yagnik, Vice Chairperson of Nahar Group and Senior Vice President of NAREDCO Maharashtra, said - With the RBI maintaining a status quo on the repo rate at 5.25 percent, policy continuity has brought much-needed stability for home loan borrowers. An unchanged rate has ensured that EMIs on floating-rate loans remain steady, offering predictability at a time when housing demand continues to stay resilient across major urban markets. This clarity on borrowing costs has supported affordability and enabled homebuyers, especially first-time buyers to plan long-term purchases with greater confidence.

From a real estate perspective, a neutral monetary stance has also allowed developers to plan financing and project execution more efficiently, without the pressure of fluctuating interest costs. As inflation trends have remained benign and macroeconomic fundamentals stayed robust, a consistent policy environment has reinforced confidence among end-users and investors and supported sustained momentum in the housing market in the quarters ahead.

Stock Market Today LIVE: The yield on the benchmark 10-year bond declined for the third consecutive session, as traders anticipate the first policy review of 2026.

Sensex Today Live Updates: Reserve Bank of India (RBI) has kept repo rate unchanged at 5.25%.

Stock Market Today LIVE: Ponmudi R, CEO of Enrich Money, said - Bank Nifty opened flat near the 60,000 psychological level and continues to trade within a tight 59,800–60,300 consolidation band. As long as the 59,800–59,500 zone, aligned with the 20-day EMA, holds, the near-term bias remains neutral. Immediate resistance is placed at 60,400–60,500, where a decisive breakout could trigger fresh buying interest. RSI remains flat, indicating the absence of strong directional momentum.

Bank Nifty is expected to stay relatively resilient versus the broader market, though rate-sensitive stocks could see sharper moves post the RBI policy announcement.

Stock Market Today LIVE: Majority of stock trade in red

Stock Market Today LIVE: Indian stock markets opened nearly unchanged on Friday as investors awaited the central bank's policy announcement, seeking insights on growth and liquidity amid expectations that there will be no change in interest rates.

As of 9:18 a.m. IST, the Nifty 50 was down 0.07% at 25,626.2, while the BSE Sensex decreased by 0.01% to 83,313.22.

Of the 16 major sectors, eleven started the day in the negative territory. The wider small-cap and mid-cap indices dropped by 0.9% and 0.3%, respectively.

The Reserve Bank of India is anticipated to maintain interest rates during its policy meeting scheduled for 10:00 a.m. IST, buoyed by moderate inflation and reduced concerns about U.S. tariffs following budget initiatives aimed at enhancing manufacturing and exports, alongside a trade agreement with Washington.

Stock Market Today LIVE: Indian benchmarks opened marginally lower on February 6, 2026, with Sensex at 83,249.32 (down 64.61 points or 0.08%) and Nifty 50 at 25,605.80 (down 37 points or 0.14%).

Stock Market Today LIVE: Rupee opens at 90.29/$ vs Thursday’s close of 90.36/$

Stock Market Today LIVE: Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said - ""There is a risk-off sentiment in global markets. Bitcoin has crashed to below $ 64000. Silver is down to $71 from the recent peak of 121. Even the safe-haven gold has turned weak despite huge uncertainty in global geopolitics. The tech-heavy Nasdaq has been steadily weakening and is now 6% down from its peak. The selloff in tech and AI stocks and a departure from AI trade would be good for India in the medium-term, but for that further weakening of the AI trade is required. So, watch out for the trend in AI stocks.

FIIs again turning sellers in India and increasing their short positions in the derivative markets indicates further weakness in the market in the near-term.

A positive trigger for the market in the form of rate cut from the MPC is unlikely today since the MPC is expected to hold rates. Any change in the stance also is unlikely. However the tone of the policy can be dovish and the Central Bank may revise the growth targets for FY27 upwards improving sentiments."

Stock Market Today LIVE: The stocks to watch today include Tata Steel, BEML, Shree Cement, Siemens, Kalyan Jewellers India, MRF, Crompton Greaves Consumer Electricals, Kalpataru, Lemon Tree Hotels, Shipping Corporation of India, Sun TV Network, and Whirlpool of India, as they will release their Q3 earnings today.

Additionally, Bharti Airtel, Tata Motors Passenger Vehicles, Hero MotoCorp, Rail Vikas Nigam Ltd (RVNL), Federal Bank, Ultratech Cement, Berger Paints, Physicswallah, FSN E-Commerce Ventures (Nykaa), and other stocks will also be in focus today. Full list here

Stock Market Today LIVE: Gold and silver prices recouped early losses, but were headed for a second straight week of declines on a stronger US dollar. Spot gold price rose 0.4% to $4,790.80 per ounce, but was down 1.4% for the week. US gold futures for April delivery fell 1.7% to $4,806.50 per ounce.

Spot silver was steady at $71.32 an ounce after a 19.1% drop in the last session. Earlier in the day, it fell as much as 10% to trade below the $65-level, touching a more than 1-1/2-month low, Reuters reported. The white metal was also set for its second straight weekly loss, down almost 16% after shedding 18% last week in its biggest weekly fall since 2011.

Stock Market Today LIVE: On the global front, Asian markets traded lower and the US stock market declined overnight, dragged by a sell-off in tech stocks on worries over improving AI tools could eat into profit margins across the sector.

Stock Market Today LIVE: The Reserve Bank of India (RBI) will announce its monetary policy decision later today. The RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) is expected to keep the repo rate unchanged at 5.25%, with focus likely to be on liquidity management and transmission.

Stock Market Today LIVE: Gift Nifty was trading around 25,616 level, a discount of nearly 110 points from the Nifty futures’ previous close.

Stock Market Today LIVE: The Indian stock market is expected to open lower on Friday amid weak global cues, and ahead of the RBI monetary policy later today. The trends on Gift Nifty also signal a negative start for the benchmark indices, Nifty 50 and Sensex today.

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