Market News

4 min read | Updated on February 06, 2026, 16:31 IST
SUMMARY
The SENSEX closed at 83,580.40, up by 266.47 points, or 0.32%, while the NIFTY50 index increased by 50.90 points, or 0.20%, to end at 25,693.70 on Friday, February 6.
Stock list

The NIFTY Midcap 100 index ended 0.02% or 14.40 points lower at 59,502.70 on Friday. | Image: Shutterstock
On Thursday, the foreign institutional investors (FIIs) sold stocks worth ₹2,150.51 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹1,129.82 crore on a net basis, according to exchange data.
The SENSEX rose as much as 687 points from the day's lowest level and the NIFTY50 index touched an intraday high of 25,703.95 after hitting a low of 25,491.90 earlier in the session.
SENSEX closed at 83,580.40, up by 266.47 points, or 0.32%, while the NIFTY50 index increased by 50.90 points, or 0.20%, to end at 25,693.70.
The 50-share NIFTY index was bolstered by gains in ITC, which surged 5.21% to close at ₹327.70 apiece on the National Stock Exchange (NSE).
It was followed by Kotak Mahindra Bank (3.33%), Hindustan Unilever (2.83%), Bajaj Finance (1.79%) and Bharti Airtel (1.54%), which were also among the top gainers on Friday.
Shares of Bharti Airtel gained despite reporting a 55% YoY decline in its net profit to ₹6,630 crore in Q3FY26, from ₹14,781 crore in the same period. The profit fell due to a one-time incremental amount of ₹256.8 crore caused by the implementation of the New Labour Codes. It also added that the tax credit on the above exceptional item of ₹65 crore was included under tax expense. Furthermore, the drop in profit could also be attributed to a high base in the same period a year ago, when the company reported a net exceptional gain following the reclassification of Indus Towers from associate to subsidiary.
On a sequential basis, Bharti Airtel's profit declined 2.4% from ₹6,792 crore in the previous quarter. Its average revenue per user (ARPU), a key metric of profitability of a telecom company, improved to ₹259 per user per month from ₹245 in the year-ago period
On the flipside, the top losers included HDFC Life Insurance Company (-2.40%), Tech Mahindra (-1.83%), Tata Consultancy Services (-1.71%), SBI Life Insurance Company (-1.54%), and Tata Motors PV (-1.40%).
Shares of HDFC Life Insurance Company and SBI Life Insurance Company, along with the stocks of Tech Mahindra and Tata Motors PV, constituents of the NIFTY Auto index (-0.52%), declined as the RBI Governor announced that the Monetary Policy Committee (MPC) kept the repo rate unchanged. These stocks are rate-sensitive.
The NIFTY Midcap 100 index ended 0.02% or 14.40 points lower at 59,502.70 on Friday.
The midcap gauge was weighed down by selling in PB Fintech (-4.24%), Tata Technologies (-4.02%), Tata Elxsi (-3.71%), Coforge (-3.55%) and Tube Investments of India (-2.94%), which were among the top laggards of the index.
On the contrary, the top winners included Hitachi Energy India, which closed 13.81% higher as it posted a 90.3% YoY jump in profit after tax to ₹261.4 crore for Q3FY26, compared to ₹137.4 crore in the year-ago period.
Its revenue from operations climbed 28.51% to ₹2,082.21 crore in Q3 FY26, compared to ₹1,620.27 crore in the third quarter of the preceding 2024-25 financial year.
Godfrey Phillips India (9.69%), MRF (8.32%), FSN E-Commerce Ventures (7.17%) and Bharti Hexacom (4.18%) were among the other top winners.
NSE’s smallcap gauge, NIFTY Smallcap 100, settled at 16,938.65 (-0.27% or down 45.25 points).
Its top losers included BEML Ltd, which closed 6.68% lower as it posted a net loss of ₹22 crore.
It was followed by Aegis Vopak Terminals (-5.85%), Hindustan Copper (-4.79%), Aptus Value Housing Finance India (-4.31%) and PCBL Chemical (-3.62%).
On the other hand, Poonawalla Fincorp (7.55%), Data Patterns (7.19%), Mahanagar Gas (6.29%), Aster DM Healthcare (5.13%) and Amber Enterprises India (3.59%) were among the top gainers on February 6.
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