As of today, February 6, 2026, around 11:56 AM IST (market hours ongoing in Bengaluru/India), the Indian stock market is trading mixed to slightly lower, recovering partially from earlier lows after the RBI kept the repo rate unchanged at 5.25% (as widely expected) with a neutral stance.Nifty 50: Around 25,626 (down ~17 points or -0.07% from previous close). It opened lower, dipped toward 25,490–25,500 earlier, but has pared losses and is hovering near 25,600.
BSE Sensex: Around 83,060–83,375 range (down ~150–250 points or -0.2% to -0.3%). It hit lows near 82,988 but recovered over 300 points from the day's bottom in some reports.
The market saw an initial gap-down opening influenced by global weakness (tech sell-off, AI disruption fears impacting IT stocks), but trimmed losses mid-session on some buying in select sectors.
Major Movers & Themes:
Dragging the market: IT stocks (e.g., TCS, Tech Mahindra, Coforge) are weak amid global AI-linked concerns and a broader tech rout. Bank Nifty is also soft, dipping below 60,000 at times (mixed private vs. PSU banks).
Supporting/Top gainers: ITC and Kotak Bank have been notable outperformers, helping cap downside. Some FMCG, select private banks, and other defensives provided support.
Broader market: Midcaps and smallcaps mixed; Nifty Next 50 and Nifty Financial Services also down modestly.