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Sensex, Nifty extend losses as RBI holds rates; IT stocks slide

Sensex, Nifty extend losses as RBI holds rates; IT stocks slide

Indian stock market's indices Nifty, Sensex, Banknifty extended Thursday’s decline after RBI paused rate cuts, while weak US markets and Asian selloff weighed on sentiment. with IT stocks and other sector also hits as global cues weighing on sentiment

06 February,2026 12:29 PM IST | Mumbai | mid-day online correspondent
Sensex drops 504 points, Nifty down 133 ahead of RBI rate announcement

Sensex drops 504 points, Nifty down 133 ahead of RBI rate announcement

Sensex and Nifty snapped a three-day rally on Thursday, with the Sensex falling 504 points to 83,314 and Nifty dropping 133 points to 25,643. Heavy selling in metal, IT, and capital goods stocks, along with global market weakness and US-Iran tensions, dampened investor sentiment ahead of the RBI’s policy announcement

05 February,2026 05:58 PM IST | Mumbai | PTI
Rupee rises to 7 paise to 90.40 vs US dollar in early trade

Rupee rises to 7 paise to 90.40 vs US dollar in early trade

The rupee gained 7 paise to trade at 90.40 against the US dollar in early trade on Thursday, moving in a narrow range as investors awaited confirmation of the India-US trade agreement and cues from the RBI’s interest rate decision. Corporate dollar demand limited gains, while softer crude prices provided some support

05 February,2026 11:34 AM IST | Mumbai | PTI
Sensex, Nifty slip in early trade amid a weak global trends

Sensex, Nifty slip in early trade amid a weak global trends

Benchmark indices Sensex and Nifty fell in early trade on Thursday, snapping a three-day rally, as weak global market trends weighed on investor sentiment. Losses in heavyweights like InterGlobe Aviation, Axis Bank and L&T dragged indices lower despite gains in select IT and FMCG stocks

05 February,2026 11:34 AM IST | Mumbai | PTI

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