📌 Indian Markets Post Market Report Today (06.02.2026): RBI Holds Rates, FMCG & Private Banks Lift Nifty; IT Still Weak
Indian Markets Post Market Report Today: Indian equities ended higher in a volatile session on Friday, with a late recovery led by FMCG and select private banks, while IT remained under pressure. The market also capped a strong weekly performance helped by optimism around the India–US trade deal, even as traders stayed cautious about Budget-linked derivatives taxes and global tech weakness.
🧾 Closing Bell Snapshot (Cash Market)
🏛️ Benchmark Indices
Nifty 50: 25,693.70 (▲ 50.90 | +0.20%)
BSE Sensex: 83,580.40 (▲ 266.47 | +0.32%)
Bank Nifty: 60,120.55 (▲56.90 | +0.09%)
🌪️ Volatility
India VIX: 11.94 (cooling, “risk-off” not dominating)
🧭 Market Mood & What Happened Today
The day started soft, tracking global tech weakness, but the market rebounded sharply from intraday lows as buying returned in FMCG names and private banks. Traders also took comfort from the RBI’s decision to keep rates unchanged, which was largely expected and reduced “policy surprise” risk.
🔍 Top Reasons for Market Movement (06 Feb 2026)
1) 🏦 RBI Policy: Repo rate unchanged, stance steady
The RBI held the repo rate at 5.25% and maintained a neutral stance, which supported sentiment because it signaled policy stability while growth remains supported.
2) 🧼 FMCG strength led the recovery
Defensive buying showed up strongly in FMCG, helping the index recover in the final hour even as other pockets stayed mixed.
3) 💻 IT drag didn’t fully go away
IT continued to face pressure amid broader global tech jitters (the sector’s weakness has been a theme through the week), which capped upside in the headline indices.
4) 🌍 Trade-deal optimism supported the week
Despite intra-day volatility, benchmarks logged one of their best weekly runs in months, helped by optimism around the India–US trade deal narrative.
5) 📌 Budget/derivatives tax overhang kept traders selective
Concerns about proposed derivatives-related taxes (like STT discussions) kept “risk-on” positioning more measured, with traders preferring defensives and quality financials.
🏭 Sector Performance Today (Who Led, Who Lagged)
✅ Sectors that did well
FMCG led the rally (strong defensive bid)
Consumer Durables / Realty / Oil & Gas also saw support
❌ Sectors under pressure
IT remained weak
Pharma, Auto, PSU Bank were also softer pockets in parts of the session
🟢 Top 5 Gainers (Nifty 50) 🚀
ITC (+5.03%)
Kotak Mahindra Bank (+3.33%)
Hindustan Unilever (HUL) (+2.97%)
Bajaj Finance (+1.76%)
Bharti Airtel (+2.31%)
🔴 Top 5 Losers (Nifty 50) 🧯
HDFC Life (-2.38%)
Tech Mahindra (-1.60%)
TCS (-1.67%)
SBI Life (-1.05%)
Tata Motors PV (-1.24%) 👉The Times of India
🎯 Indian Markets Post Market Report – Support & Resistance Levels (Nifty, Bank Nifty, Sensex)
Nifty 50 (Close: 25,693.70)
Support: 25,550–25,500 zone
Resistance: 25,700–25,800 zone
Practical read: Nifty looks range-bound unless we see a clean break above resistance or a decisive dip below supports.
Bank Nifty (Close: 60,120.55)
Support: 60,000–59,800 zone (key pivot band)
Resistance: 60,350–60,450 zone (near-term)
Sensex (Close: 83,580.40)
Support zone: 83,000–83,200 (near-term)
Resistance zone: 83,900–84,200 (near-term)
🧾 Major Q3 Results & Impact (Today’s Talking Points)
🏗️ Tata Steel: Profit beat (volumes helped)
Tata Steel posted a much stronger profit print vs estimates, helped by higher volumes, even as pricing stayed a pressure point. Metals sentiment remains sensitive to global prices, but results like this can selectively support the pack.👉Reuters
📶 Bharti Airtel: Profit decline but stock gained
Bharti Airtel moved up despite a YoY profit decline (reported by market coverage), showing how the market is currently reacting more to positioning, expectations, and sector rotation than only headline PAT.
(If you want, I can add 2 more “Results Watch” stocks once you tell me which names your Kartalks audience tracks most—banks, autos, IT, or FMCG.)
🧾 IPO Updates (Mainboard + Key Watch)
🤖 Fractal Analytics IPO (AI theme – in focus)
IPO opens: Feb 9, 2026
Closes: Feb 11, 2026
Price band: ₹857–₹900
Lot size: 16 shares 👉mint
💰 FII & DII Data (Latest Available)
Latest widely reported exchange-based numbers available around this session show:
FII (Cash): Net buyers ₹1,950.77 Cr
DII (Cash): Net sellers ₹1,265.06 Cr
🪙 Commodities & 💱 Currency (India-focused)
💱 Rupee (USD/INR)
The rupee had a strong week, even though it ended Friday slightly weaker around 90.6550 per USD (reported close), supported overall by trade-deal optimism.
🛢️ Crude Oil
Crude stayed in focus as a macro input; global crude was around the $67.34/bbl area per widely tracked market updates.
WTI ~ $63.06/bbl
🥇 Gold
Gold~1,54,089 /10g
🥈 Silver
Silver ~2,42,423 /kg
Gold and silver remained highly volatile. Reuters highlighted sharp moves and softer India premiums as volatility deterred buyers, while domestic trackers showed active intraday swings.
⭐ Stock of the Day (Kartalks Pick)
✅ ITC
Why ITC today: It was the top Nifty gainer with a strong up-move, helping the index close positive and reflecting strong defensive + rotation buying.
How to track next: If the market stays range-bound, leaders from defensives (FMCG) often remain “buy-on-dips” candidates for traders, while long-term investors focus on staggered entries.
🛡️ SEBI Update (Investor-Friendly)
SEBI issued a circular/press release about a special window for transfer-cum-dematerialization of physical securities, aimed at easing investor access to rightful holdings. The window is open Feb 5, 2026, to Feb 4, 2027 (as per the circular text referenced in public documents and coverage).
💡 Investment View (Short Term vs Long Term)
⏱️ Short Term (1–3 weeks)
Expect range trading with sharp sector rotation (FMCG/financials vs IT weakness).
Levels to respect:
Nifty support: 25,550–25,500
Nifty resistance: 25,700–25,800
Strategy idea:
Keep trades lighter near resistance.
Prefer stocks showing relative strength rather than chasing weak sectors.
🧱 Long Term (6–24 months)
Volatility is normal around policy, budget, and global cues.
Prefer a SIP-style approach:
Core allocation via index/quality large caps
Add selectively on dips near strong support zones (without leverage)
👉 Further reading
Indian Markets Weekly View (Feb 1–Feb 6, 2026)
Corporate Actions Made Simple for Beginners Stock Market 101-Lesson 15
How Much Should You Invest Every Month? A Simple Guide for Salaried People
India’s New Labor Codes: Why Companies Are Taking “Thousand-Crore”
⚠️ Disclaimer (SEBI-friendly)
This report is for educational and informational purposes only and does not constitute investment advice, stock recommendations, or a solicitation to buy/sell any security. Markets involve risk and volatility. Please consult a SEBI-registered investment advisor before taking investment decisions.