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Full issue · 2026-02-06

Market Pulse: 6 February 2026 - Pre-Market Update

Market Pulse - Friday, 6 February 2026
Nifty 25,642.8 (-0.52%) • FII Sold ₹2,150.51 Cr
Market Pulse Friday, 6 February 2026
Market Snapshot
📊
Nifty 50
25,642.8
-0.52%
📈
Sensex
83,313.93
-0.60%
🏦
Bank Nifty
60,063.65
-0.29%

The Indian markets closed lower today, influenced by global and domestic developments. A key factor was the FII selling of ₹2,150.51 Cr, likely driven by cautious sentiment amid geopolitical tensions and potential regulatory changes in banking. The announcement of a US-India trade deal provided a positive backdrop for IT and Pharma sectors, though the immediate impact was muted. Meanwhile, the Russian decision to cut oil prices for China put pressure on Indian energy stocks, contributing to the overall decline as energy margins are threatened.

The Big Story
📰 FEATURED

Parliament Budget Session Live

BankingInfraFMCG

Stay updated on budget announcements for potential policy shifts affecting markets.

WHY IT MATTERS
Budget session outcomes could influence fiscal policy and sector allocations.
Quick Takes
global macro • positive
India to sign trade deal with United States in March, minister says
Positive sentiment for export-oriented sectors; potential boost for IT and Pharma stocks.
Read full report →
india macro
Indian central bank mulls new approach to lender supervision
Monitor potential regulatory changes in Indian banking.
Read full report →
global macro • positive
US and India reach trade deal, Astrazeneca shares move to NYSE
Potential uplift for export-oriented sectors; monitor trade policy developments.
Read full report →
commodities • negative
Russian oil sellers cut prices in China to attract demand as India wavers
Energy sector stocks may face headwinds; monitor oil price trends.
Read full report →
sector • negative
Anthropic's AI plug-ins shake India's staffing-intensive IT sector; stocks dive 6%
Expect pressure on Indian IT stocks due to AI-driven disruptions.
Read full report →
india macro • positive
India doubles tax holiday for GIFT City businesses to 20 years
Consider opportunities in GIFT City-related investments.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹2,150.51 Cr
DII
Bought
₹1,129.82 Cr

FIIs sold ₹2,150.51 Cr, DIIs bought ₹1,129.82 Cr. DIIs providing support against FII selling.

Market Breadth

Advances: 657 · Declines: 1029 · A/D Ratio: 0.64

Broad-based selloff across market

Sector Performance
PSU Bank
+0.4%
Pharma
-0.0%
Media
-0.1%
Bank
-0.3%
FMCG
-0.4%
Energy
-0.4%
Fin Services
-0.4%
Infra
-0.5%
IT
-0.6%
Realty
-0.6%
Auto
-0.6%
Metal
-1.0%

PSU Bank, Pharma led gains while Auto, Metal underperformed. Mixed sector performance today.

Technical Levels
Nifty 50
Support 25,532 / 25,420
Resistance 25,786 / 25,930
Bank Nifty
Support 59,316
Resistance 61,288

Nifty is in sideways trend. Trading above 200 DMA indicates medium-term strength.

Global Cues

 |  S&P Futures: -1.40%

US futures negative (S&P -1.40%).

Commodities & Forex
Gold
₹1,52,260
+0.12%
Silver
₹2,46,452
+1.08%
USD/INR
Rs 90.29/USD
+0.00%
Macro / Economic Events
📌 5 earnings results expected
📌 RBI Monetary Policy Decision
Looking Ahead
👀 RBI Monetary Policy Decision
Corporate Actions
ITC
Bitcoin plummets, driving $2 trillion tumble in crypto market value
Tata Motors
PV shares in focus after Q3 loss widens to Rs 3,486 crore on JLR cyber incident
LIC
in focus after Q3 profit rises 17% YoY to Rs 12,930 crore
Earnings Calendar
Tata Steel
6 Feb
Sun TV Network
6 Feb
Swan Corp
6 Feb

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

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