Sensex, Nifty trade lower after RBI pauses rate cuts; IT stocks decline

Sensex, Nifty trade lower after RBI pauses rate cuts; IT stocks decline


Stock market benchmark indices Sensex and Nifty continued to trade lower on Friday after the RBI decided to pause on the policy rate front, with IT heavyweights facing selling pressure amid weak trend in the US equities.

Fresh foreign fund outflows also dented investors’ sentiment.

Extending its previous day’s decline, the 30-share BSE Sensex further edged lower by 368.37 points to 82,945.56 in morning trade. The 50-share NSE Nifty dropped 146.7 points to 25,496.10.

After a 25 basis point rate cut in December, the RBI on Friday decided to pause on the policy rate front amid geopolitical uncertainties.

This is the first monetary policy review after Finance Minister Nirmala Sitharaman announced the Budget for financial year 2026-27.

Announcing the sixth and final bi-monthly monetary policy for the current fiscal year, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance.

“RBI’s monetary policy came exactly on expected lines with no change in rates, and stance kept unchanged at neutral,” V K Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.

From the Sensex firms, Tata Consultancy Services, Tech Mahindra, Trent, State Bank of India, Bharat Electronics, Tata Steel, Asian Paints and Infosys were among the major laggards.

ITC, Bajaj Finance, Kotak Mahindra Bank and Power Grid were among the gainers.

In Asian markets, South Korea’s Kospi traded nearly 3 per cent lower and Hong Kong’s Hang Seng index declined over 1 per cent. while Japan’s Nikkei 225 index and Shanghai’s SSE Composite index quoted higher.

US markets ended lower on Thursday. The Nasdaq Composite index tumbled 1.59 per cent, S&P 500 declined 1.23 per cent, and Dow Jones Industrial Average dropped 1.20 per cent.

“Global equity markets are trading with a pronounced risk-off bias following sharp losses in the overnight US session. Weakness in global technology stocks and commodities continues to weigh on sentiment, with selling pressure extending into Asian markets,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.

The ongoing correction in global technology names reflects a combination of stretched valuations, rising AI-related cost concerns, and muted investor response to recent big-tech earnings and outlooks, he added.

Foreign institutional investors offloaded equities worth Rs 2,150.51 crore on Thursday, according to exchange data.

Brent crude, the global oil benchmark, climbed 0.44 per cent to USD 67.92 per barrel.

On Thursday, the Sensex dropped 503.76 points, or 0.60 per cent, to settle at 83,313.93. The Nifty declined 133.20 points or 0.52 per cent to end at 25,642.80.

Published on February 6, 2026



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2026 में ये शेयर करवाएंगे निवेशकों पर पैसों की बरसात; ब्रोकरेज फर्म ने जताया है भरोसा, 50 % रिट

2026 में ये शेयर करवाएंगे निवेशकों पर पैसों की बरसात; ब्रोकरेज फर्म ने जताया है भरोसा, 50 % रिट


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Top Stocks to Buy in 2026: भारतीय निवेशक हमेशा से लंबी अवधि में बेहतर रिटर्न देने वाले शेयरों की तलाश में रहते हैं. साल 2026 के लिए ब्रोकरेज हाउसेज की ताजा रिपोर्ट्स कुछ खास सेक्टरों की ओर इशारा कर रहे हैं. जहां आगे बेहतर रिटर्न की उम्मीद जताई जा रही है.

डिफेंस, हाउसिंग फाइनेंस, एफएमसीजी जैसे क्षेत्रों की कुछ कंपनियों में कमाई की स्थिति मजबूत मानी जा रही है. कंपनी शेयरों में 10 फीसदी से लेकर 50 फीसदी तक बढ़त की संभावना बताई जा रही है. आइए जानते हैं, ऐसे ही कुछ चुनिंदा शेयरों के बारे में…..

टीमलीज सर्विसेज पर ब्रोकरेज का भरोसा

ब्रोकरेज फर्म नुवामा ने टीमलीज सर्विसेज को साल 2026 के लिए अपनी पसंदीदा कंपनियों की लिस्ट में शामिल किया है. रिपोर्ट के मुताबिक, कंपनी के शेयर का लक्ष्य मूल्य 2,400 रुपये तय किया गया है, जबकि फिलहाल इसका बाजार भाव करीब 1,503 रुपये के आसपास है.

इस आधार पर इसमें करीब 49 फीसदी तक बढ़त की संभावना जताई जा रही है. जिसे देखते हुए निवेशकों के लिए यह शेयर आकर्षक माना जा रहा है.

देवयानी इंटरनेशनल शेयर

ब्रोकरेज फर्म नुवामा ने देवयानी इंटरनेशनल पर अपनी ‘बाय’ रेटिंग जारी रखी है और इसका लक्ष्य मूल्य 185 रुपये तय किया है. फिलहाल शेयर करीब 123 रुपये पर कारोबार कर रहे हैं. जिससे इसमें 50 फीसदी से अधिक की तेजी की संभावना बनती है.

ब्रोकरेज का मानना है कि क्विक सर्विस रेस्टोरेंट सेक्टर में कंपनी तेजी से ग्रो कर रही है. आने वाले क्वार्टर में विस्तार और बेहतर संचालन का असर इसके प्रदर्शन में साफ नजर आने की उम्मीद है.

इमामी शेयर 

एफएमसीजी सेक्टर की जानी-मानी कंपनी इमामी को लेकर सिटी ब्रोकरेज का भरोसा बना हुआ है. रिपोर्ट के अनुसार, इमामी के शेयर के लिए 665 रुपये का लक्ष्य तय किया गया है. जबकि इसका मौजूदा बाजार भाव करीब 488 रुपये है.

इस हिसाब से इसमें लगभग 34 फीसदी तक बढ़त की संभावना जताई जा रही है. ब्रोकरेज का मानना है कि मजबूत ब्रांड पहचान, विविध प्रोडक्ट पोर्टफोलियो और स्थिर मांग के चलते इमामी लंबी अवधि के निवेश के लिए एक अच्छा विकल्प बन सकती है.

सोलर इंडस्ट्रीज शेयर

ब्रोकरेज फर्म नुवामा ने सोलर इंडस्ट्रीज पर अपनी ‘बाय’ रेटिंग को बरकरार रखा है. लेकिन ब्रोकरेज ने इसके लक्ष्य मूल्य में कटौती की है. पहले जहां इसका टारगेट 18,000 रुपये था, अब इसे घटाकर 15,800 रुपये कर दिया गया है.

फिलहाल शेयर करीब 13,566 रुपये के स्तर पर कारोबार कर रहा है. जिससे इसमें लगभग 16 फीसदी तक की बढ़त की संभावना दिखाई दे रही है.

डिस्क्लेमर: (यहां मुहैया जानकारी सिर्फ़ सूचना हेतु दी जा रही है. यहां बताना जरूरी है कि मार्केट में निवेश बाजार जोखिमों के अधीन है. निवेशक के तौर पर पैसा लगाने से पहले हमेशा एक्सपर्ट से सलाह लें. ABPLive.com की तरफ से किसी को भी पैसा लगाने की यहां कभी भी सलाह नहीं दी जाती है.)

यह भी पढ़ें: Gold Silver Price Today: सोने-चांदी के दाम हुए धड़ाम, जानें आज आपके शहर में कितना सस्ता हो गया सोना



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Delhi air quality remains 'poor', AQI at 225

Delhi air quality remains 'poor', AQI at 225


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| Photo Credit:
SUSHIL KUMAR VERMA

Delhi’s air quality remained in the ‘poor’ category on Friday, with the overall Air Quality Index (AQI) recorded at 225 at 9 am, while the minimum temperature settled at 9.1 degrees Celsius.

According to the Central Pollution Control Board’s (CPCB) SAMEER app, 25 monitoring stations in the city recorded air quality in the ‘poor’ category, while 14 stations were in the ‘moderate’ category.

As per the CPCB classification, an AQI between 0 and 50 is considered ‘good’, 51 to 100 ‘satisfactory’, 101 to 200 ‘moderate’, 201 to 300 ‘poor’, 301 to 400 ‘very poor’ and 401 to 500 ‘severe’.

On the weather front, the national capital recorded a minimum temperature of 9.1 degrees Celsius on Friday morning.

The city witnessed a slightly chillier morning compared to Thursday, when the minimum temperature was recorded at 10.2 degrees Celsius.

According to the India Meteorological Department (IMD), the maximum temperature is expected to settle around 23 degrees Celsius.

Station-wise data showed that Palam recorded a minimum temperature of 9.0 degrees Celsius, which was 0.8 degrees Celsius below normal.

At Lodhi Road, the minimum temperature stood at 8.2 degrees Celsius, marginally 0.2 degrees Celsius above normal.

The Ridge station reported a minimum temperature of 10.3 degrees Celsius, which was 1.8 degrees Celsius below normal, while Ayanagar recorded a minimum temperature of 8.6 degrees Celsius, 1.9 degrees Celsius below normal.

The IMD has forecast shallow fog conditions to persist over Delhi on Friday and Saturday mornings.

Published on February 6, 2026



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India, US discuss ways to boost collaboration in critical, emerging defence tech

India, US discuss ways to boost collaboration in critical, emerging defence tech


Officials pose for a group photograph during the 24th Indo-US Joint Technical Group Plenary Meeting hosted by Defence Research & Development Organisation (DRDO), in New Delhi. (@SpokespersonMoD/X via PTI Photo)(PTI02_05_2026_000401B)
| Photo Credit:

India and the US have discussed ways to strengthen collaboration in “critical and emerging defence technologies” to meet the evolving requirements at a key meeting hosted here, officials said on Thursday.

The Defence Research and Development Organisation (DRDO) hosted the 24th Indo-US Joint Technical Group Plenary Meeting in New Delhi on February 3 and 4, they said.

The meeting was co-chaired by Director General (Production Coordination and Services Interaction), DRDO, Chandrika Kaushik and Assistant Secretary of War for Critical Technologies, Office of the Under Secretary of War for Research and Engineering, Michael Francis Dodd, the defence ministry here said.

The plenary was conducted in line with the vision and policy guidance of the framework for India-US Major Defence Partnership signed by Defence Minister Rajnath Singh and the US Secretary of War Pete Hegseth in October 2025, officials said.

“The delegations reviewed the ongoing cooperation in defence science and technology, discussed associated challenges and examined proposals to further strengthen collaboration in critical and emerging defence technologies to meet the evolving requirements,” the ministry said in a statement.

The discussions also focused on enhancing the participation of university-affiliated research centres, defence laboratories,and industries in cooperative research and development initiatives, the officials said.

“Additionally, the meeting explored potential collaboration between the DRDO and the Defence Innovation Unit under the Innovation Bridge framework, concluded with the signing of a project agreement,” the ministry said.

The meeting involved participation of senior officials, scientists, and technocrats representing institutions and laboratories under the US Department of War and the Department of State, along with DRDO scientists and officials from India’s tri-Services, Ministry of Defence, Ministry of External Affairs and the National Security Council Secretariat.

Published on February 6, 2026



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Crude oil futures gain ahead of US-Iran talks

Crude oil futures gain ahead of US-Iran talks


Crude oil futures traded higher on Friday morning despite de-escalation of tensions between Iran and US as both countries are scheduled to hold talks later in the day.

At 9.56 am on Friday, April Brent oil futures were at $67.93, up by 0.56 per cent, and March crude oil futures on WTI (West Texas Intermediate) were at $63.67, up by 0.60 per cent. February crude oil futures were trading at ₹5755 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹5746, up by 0.16 per cent, and March futures were trading at ₹5752 against the previous close of ₹5737, up by 0.26 per cent.

Despite increasing tensions between the US and Iran, officials from both countries are set to meet in Oman later on Friday. Market players feel that this meeting could help de-escalate tensions between the two countries and reduce the risk of a conflict in the region.

Reports said that both countries were seen disagreeing over the subject of the meeting. While Iran wants the talks be limited only to nuclear programme, US wants to discuss Iran’s missile arsenal also. Iran is one of the major oil producers. It is strategically located next to the Strait of Hormuz, which is one of the important shipping channels for crude oil transportation.

Meanwhile, US President Donald Trump has said that he retains the right to ‘militarily secure and reinforce’ the American presence in Diego Garcia.

In a post on the social media platform Truth Social, Trump said he had very productive discussions with the UK Prime Minister Keir Starmer about the Island of Diego Garcia.

Terming it as the site of a major US military base strategically situated in the middle of the Indian Ocean, he said the base is of great importance to the national security of the US.

“We have the most powerful Military in the World. Our Military Operations, over the course of the last year, were successful because of the strength of our war fighters, modern capability of our equipment and, very importantly, the strategic location of our Military Bases for staging and other reasons. I understand that the deal Prime Minister Starmer has made, according to many, the best he could make. However, if the lease deal, sometime in the future, ever falls apart, or anyone threatens or endangers US operations and forces at our Base, I retain the right to Militarily secure and reinforce the American presence in Diego Garcia. Let it be known that I will never allow our presence on a Base as important as this to ever be undermined or threatened by fake claims or environmental nonsense,” he said.

In a separate post, Trump said: “The United States is the most powerful Country in the World. I completely rebuilt its Military in my First Term, including new and many refurbished nuclear weapons. I also added Space Force and now, continue to rebuild our Military at levels never seen before. We are even adding Battleships, which are 100 times more powerful than the ones that roamed the Seas during World War II — The Iowa, Missouri, Alabama, and others.”

February nickel futures were trading at ₹1527.20 on MCX during the initial hour of trading on Friday against the previous close of ₹1538, down by 0.70 per cent.

On the National Commodities and Derivatives Exchange (NCDEX), March jeera contracts were trading at ₹23865 in the initial hour of trading on Friday against the previous close of ₹23810, up by 0.23 per cent.

February guargum futures were trading at ₹10330 on NCDEX in the initial hour of trading on Friday against the previous close of ₹10393, down by 0.61 per cent.

Published on February 6, 2026



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Bitcoin plunges to near ,000 as investors flee risky bets

Bitcoin plunges to near $60,000 as investors flee risky bets


Bitcoin made a 16-month low and tested key $60,000 support on Friday, as a global selloff in technology stocks deepened and washed ‍out risky bets across asset classes.

The world’s largest cryptocurrency was last up 1.64% at $64,153.24 ​in volatile trade, swinging between gains and losses after having ‌hit a low of $60,008.52 earlier in the session.

That marked its ​weakest since October 2024, a month before Donald Trump won the U.S. presidential election, having signalled his intention to support crypto on the campaign trail.

“Bitcoin’s been going down since October (2025), maybe you could ask if it was the canary in the coalmine, or a coincidence,” said Chris Weston, head of research at brokerage Pepperstone in Melbourne.

“A lot of these big ​crowded positions are being unwound very, very quickly.”

Ether was last up ⁠2.4% at $1,891.27, having slid to a 10-month low of $1,751.94 earlier in the session.

The global crypto market has lost some $2 trillion in value since hitting a peak of $4.379 trillion in early ​October, CoinGecko data showed, with more ⁠than $1 trillion wiped out over the past month alone.

Bitcoin was on track to shed 16% for the week, taking its losses for the year so far to 27%. Meanwhile, ether was headed for a weekly ‌decline of 17%, with losses of 36% so far this year.

Sentiment ‌on crypto was affected by the latest selling in precious metals and stocks. Gold and silver, for instance, have become ‍more volatile as a result of leveraged buying and speculative flows.

Bitcoin’s fortunes have been tied to the broader tech sector for some time. The price ‍tended to rise, particularly on the back of investor enthusiasm over artificial intelligence.

“Bitcoin drifting back toward $60,000 is not crypto dying, it is the bill coming due for Treasuries and funds that treated bitcoin as a one-way asset without real risk controls, just as we have seen sharp corrections in self-proclaimed safe-haven assets like gold and silver when leverage and narrative ran ahead of reality,” said Joshua Chu, co-chair of the Hong Kong Web3 Association.

“Those who bet too ⁠big, borrowed too much or assumed prices only go up are now finding out the hard way what real market volatility ​and risk management look like.”

To be sure, cryptocurrencies have struggled for months ⁠since a record crash last October sent bitcoin tumbling from a peak.

That has resulted in investor sentiment cooling off on digital assets.

Analysts from Deutsche Bank said in a note that U.S. spot bitcoin ETFs witnessed outflows of more than $3 billion in January, following outflows ⁠of about $2 billion and $7 billion in December and November, respectively.

Published on February 6, 2026



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