Last-hour buying lifts Sensex 266 pts, Nifty nears 25,700

The domestic share market ended higher with Nifty near 25700 in the volatile session on Friday following RBI policy updates.At close, the Sensex was up 266.47 points or 0.32 percent at 83,580.40, and the Nifty was up 50.90 points or 0.20 percent at 25,693.70. About 1800 shares advanced, 2222 shares declined, and 154 shares unchanged.
ITC, Kotak Mahindra Bank, Bajaj Finance, Bharti Airtel, HUL were the top gainers on the Nifty, while losers included Tech Mahindra, TCS, HDFC Life, Asian Paints and Bajaj Auto.On the sectoral front, IT index shed 1.5%, pharma index down 0.7%, auto and PSU Bank indices slipped 0.5% each, while FMCG index rose 2.2%, and ol & gas, consumer durables, Private Banks, realty up 0.5% each.Nifty Midcap index ended flat, while smallcap index down 0.3%.

#Markets see sharp swings after RBI policy updates, as Sensex and Nifty trade lower amid growth and inflation signals. pic.twitter.com/IYbNtg76m4

— newsinc24 (@newsinc24) February 6, 2026

Market This Week: 
●Market ends higher for second straight week, benchmark indices up 1.5%,
●Midcap index outperforms, rises 2% with Balkrishna Industries, Nykaa, CG Power being top gainers,
●Consumer durables & realty stocks are biggest outperformers with sectoral index rising 6% each
Rupee Close:
On 6 Feb'26,the Indian rupee ended 31 paise lower to close at 90.66 against the US dollar on Friday,weighed down by geopolitical uncertainty over the U.S.-Iran talks, and a sharp rise in global crude oil prices.The currency gained in the first half of the session after the Reserve Bank announced a status quo on key lending rates; however, sustained foreign fund outflows pressured the local unit, forex traders said.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated,domestic equity markets traded largely subdued through most of the session before staging a late recovery, supported by selective buying in FMCG and private banking stocks. In contrast, the domestic IT sector continued to underperform. The RBI’s policy announcement was broadly in line with expectations, maintaining status quo on interest rates while reiterating a constructive growth outlook. However, markets had anticipated a mildly dovish undertone, which failed to materialise as the RBI retained its neutral stance, resulting in an uptick in India’s 10-year bond yields. On the global front, investor focus remains on US–Iran negotiations with potential implications on crude oil prices, alongside ongoing developments in AI and technology that continue to drive global sectoral rotations.
Market experts recommended five shares to buy on Friday-APL Apollo, Lupin, Syrma SGS Technologies, DMart, and HFCL.

(Business Correspondent)