Stock Market Today Highlights: Sensex slumps over 500 points, Nifty 50 ends below 25,700; IT, metals, auto stocks drag

Stock Market Today Highlights: Today, the Indian stock markets closed lower, ending a three-day upward trend. The Sensex dropped nearly 0.60%, whereas the Nifty decreased approximately 0.52%, finishing at the 25,642 mark. This decline indicated that the market relinquished some of the gains observed following the Union Budget and the announcement of the India-US trade agreement.

Selling pressure was particularly notable in metal shares, with the Nifty Metal index falling by 1%, as stocks like Hindalco, Hindustan Zinc, and NMDC saw reductions of up to 7%. International metal prices softened due to a stronger USD, which typically exerts downward pressure on commodity prices.

In addition to the metal sector, the overall market mood was influenced by unfavorable global cues and a sense of caution in anticipation of the RBI's monetary policy decision set for Friday.

“In the near term, markets may remain volatile and driven by news flow, especially around the RBI policy and global economic data. A cautious stance from the RBI on interest rates or growth could keep pressure on banks and cyclical stocks. However, the broader outlook remains supportive, backed by steady economic growth, stable consumption and continued government spending,” said Abhinav Tiwari Research Analyst at Bonanza.

Stock Market Today LIVE: Trent, Max Healthcare Institute, Tata Steel, JSW Steel, and Grasim Industries were the top Nifty 50 gainers.

Stock Market Today LIVE: Hindalco Industries, Eternal, Bharti Airtel, Bharat Electronics (BEL), and ITC were the top losers among the Nifty 50 constituents.

Stock Market Today LIVE: Among sectors, barring Nifty PSU Bank, all other sectoral indices ended in the red. Nifty Metals, Nifty IT, Nifty Auto and Nifty Realty fell the most.

Stock Market Today LIVE: The Bank Nifty index ended 0.29% lower at 60,063.65. Broader markets also reeled under selling pressure, as the Nifty Smallcap 100 index dropped 1.29%, and the Nifty Midcap 100 index declined 0.28%.

Stock Market Today LIVE: Rupee closes at 90.34 against US dollar

Stock Market Today LIVE: Sensex tumbles 503.76 points to settle at 83,313.93; Nifty 50 drops 133.20 points to 25,642.80.

Stock Market Today LIVE: Vishal Goenka, Co-Founder of IndiaBonds.com said -

The government in its budget announced growth structural measures such as creating market-making framework, introduction of corporate bond indices, allowing TRS and importantly increased the incentive for municipal bond issuances to ₹100 cr for issuances upto ₹1,000 cr. Fiscal prudence has been followed with deficit for FY26 at 4.4% target and projections for FY27 lower at 4.3%

The net government borrowing program was as expected at INR 11.7 lac crores but the gross plan at INR 17.2 lac crores was higher than market expectations. The market has seen a knee-jerk reaction with government bond yields moving higher and benchmark 10y rose to 6.77% yield which is higher than last year when the 125bps RBI rate cuts began. The long end rates and steep yield curve is not good for any economy and transmission of rate cuts get blunted.

However, the solution to this technical market breakdown should not be that difficult. Globally in US and EU, government bond issuances have been in the shorter maturity buckets to keep pressure of long rates. RBI on the other hand has been issuing very long bonds with 15y+ duration which has caused the market widening. All the Central Bank needs to do is edit its borrowing calendar and issue much more shorter maturity bonds to ease the pressure on widening rates and actually helping in borrowing rates to come down for companies and governments.

Hence, we remain constructive on the long end rates at this stage and await the RBI policy on 6th February which should address market concerns. Interestingly for retail, the short end 2-3y segment of corporate bonds have remained very resilient past few months. Time is deal for investors to allocate much more to fixed income given the volatility in equity and meltdown in metals market. Bond portfolio can have barbell strategy with short maturity 2-3y high yield corporate bonds with long end government bonds in anticipation of RBI action. General direction of interest rates globally remain lower and same would hold true for India.

Stock Market Today LIVE: Silver ETFs experienced significant declines on Thursday following a drop in bullion futures. Major funds like Axis Silver ETF fell 21%, while others dropped between 12% and 17%. Silver and gold prices also fell sharply after a brief recovery, driven by profit booking and increased margins

Stock Market Today LIVE: Vinayak Magotra, Product Head & Founding Team, Centricity WealthTech, said - "We expect the RBI to keep policy rates unchanged at the upcoming MPC meeting. Global conditions remain uncertain, particularly with respect to capital flows, currency movements, and evolving external risks. Against the backdrop of record capital outflows, any further rate cuts could potentially spur repatriation of rate-sensitive flows.

The introduction of the new CPI series adds another layer of uncertainty, reinforcing the case for policy continuity at this stage, as the future inflation trajectory remains unclear given changes in the weights of major components in the CPI basket.

India’s macro backdrop remains supportive, with growth holding up well despite global uncertainty. Fiscal prudence reflected in the Union Budget 2026-27 through a lower fiscal deficit estimate of 4.3% of GDP for the next fiscal year and a continued focus on calibrating the debt-to-GDP ratio , reduces the need for immediate monetary easing.

The focus is likely to remain on liquidity management, aimed at addressing elevated yields and the higher-than-expected gross market borrowing of ₹17.2 trillion for FY27 announced in the Union Budget . This has renewed supply-side concerns, especially for longer-dated maturities. Elevated state-level borrowing further adds to concerns around bond issuance potentially outpacing demand.

A pause in rate cuts would also allow the central bank to assess the impact of previous rate cuts and liquidity measures and better understand how these actions are transmitting through the economy.

Markets are expected to closely monitor guidance on liquidity management, the tone of the Governor’s remarks, and the policy stance adopted by the central bank to evaluate the probability of future easing and broader market sentiment."

Stock Market Today LIVE: Indian Oil Corporation (IOC) reported blockbuster Q3 FY26 standalone results, with net profit soaring 59.3% quarter-over-quarter to ₹12,126 crore from ₹7,610.5 crore, fueled by robust refining margins. Revenue climbed 14.3% to ₹2.04 lakh crore from ₹1.78 lakh crore, while EBITDA surged 42.8% to ₹20,824.8 crore, expanding margins to 10.2% from 8.2%.

Stock Market Today LIVE: Alembic Pharmaceuticals announced strong Q3 FY26 results, with net profit rising 34.8% year-over-year to ₹99 crore from ₹73.4 crore.

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Financial Highlights

Net profit: ₹99 Cr (+34.8% YoY)

Revenue: ₹630.3 Cr (+30.4% YoY)

EBITDA: ₹107.7 Cr (+8.8% YoY)

Stock Market Today LIVE: Union Commerce Minister Piyush Goyal on Thursday said that New Delhi and Washington DC will sign a joint statement on the India-US trade deal in four to five days.

The countries will also release the legal text of the first tranche of the India-US trade deal, under which US President Donald Trump had earlier announced a significant tariff reduction for New Delhi.

“The first tranche of the bilateral trade Agreement is almost ready. We hope to sign a joint statement in the next 4-5 days. After the joint statement there will be a formal agreement which will be signed around mid March,” Goyal told reporters on the day.

Stock Market Today LIVE: Power Finance Corporation (PFC) announced solid Q3 FY26 results, with net profit rising 8% year-over-year to ₹6,292.5 crore from ₹5,828.7 crore.

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Financial Highlights

Net profit: ₹6,292.5 Cr (+8% YoY)

Revenue: ₹29,094.8 Cr (+8.6% YoY)

EBITDA: ₹28,064 Cr (+6.4% YoY)

EBITDA margin: 96.5% (down from 98.4%)

Stock Market Today LIVE: Suzlon Energy Q3 earnings

Suzlon Energy's reported Q3 FY26 figures show exceptional sequential growth, with net profit surging 59.3% QoQ to ₹12,126 crore from ₹7,610.5 crore. Revenue expanded 14.3% to ₹2.04 lakh crore from ₹1.78 lakh crore, while EBITDA jumped 42.8% to ₹20,824.8 crore, lifting margins to 10.2% from 8.2%.

Stock Market Today LIVE: Eicher Trucks & Buses, a division of VE Commercial Vehicles Ltd. (VECV), announced on Thursday the delivery of its inaugural 13.5-metre electric intercity sleeper bus for commercial use. This vehicle will be utilized in the FirstBus service managed by LeafyBus.

Stock Market Today LIVE: Q3 results

1. Net Profit Up 20% At ₹195.2 Cr Vs ₹162.6 Cr (YoY)

2. Revenue Down 48.6% At ₹498.4 Cr Vs ₹969 Cr (YoY)

3. EBITDA Loss At ₹182.7 Cr Vs EBITDA Profit Of ₹27.7 Cr (YoY)

Stock Market Today LIVE: Rupee at day's high, appreciating by almost 33 paise against the US dollar.

Stock Market Today LIVE: According to Prateek Agrawal, MD & CEO, Motilal Oswal AMC, Continuous currency depreciation, Continuous currency depreciation, Relative valuations have improved but can be cheaper, Lower presence of in-focus growth spaces such as AI, Strong fund raise from the market, and Reduced domestic HNI and retail interest, are the factors.

Stock Market Today LIVE: Faze Three's stock rose 2% to ₹540.40, reaching a two-month high amid investor interest, following a 20% upper circuit limit due to optimism over the India-US trade deal. The company, reliant on exports, benefited from reduced tariffs on Indian goods.

Stock Market Today LIVE: Sudarshan Pharma's stock price surged to ₹23.10, hitting a 10% upper circuit despite market weakness. The company reported significant growth in Q3FY26 with a 16% rise in net sales and a 51% increase in net profit.

Stock Market Today LIVE: According to experts, here are three factors;

Earnings a key factor for FIIs to come back

A significant growth in Indian corporates' earnings will be a key factor that will keep FIIs invested in the Indian stock market. As experts have been saying, earnings growth is likely to improve from Q4 and more meaningfully in FY27.

Rupee's movement

The strengthening of the Indian rupee is also a key factor. If the rupee strengthens, their returns improve in dollar terms, and that typically encourages FIIs to increase allocations.

The Trump factor

While earnings growth and the rupee's strength will be key factors that determine foreign inflows, the unpredictability of US President Donald Trump remains a key risk.

Stock Market Today LIVE: Piyush Walke, Derivatives Research Analyst, Delta Exchange, believes that $72,000 remains an important support for Bitcoin. If this level fails on a sustained basis, the price could slide toward $68,000, with $64,000 acting as the next major floor.

Stock Market Today LIVE: JSW Cement share price rallied over 9% on Thursday, February 5 after the company reported strong earnings for the quarter ended December 2026 (Q3FY26).

The JSW Group company reported a sharp turnaround in its December quarter performance, posting a net profit of ₹130.6 crore compared with a loss of ₹80.22 crore in the corresponding quarter last year, underscoring a significant recovery in profitability.

Stock Market Today LIVE: Shanti Education shares surged over 10% on February 5, 2026, ahead of Q3 results. The board will review financial results and other business matters. Despite market sentiment, shares reached ₹179 intraday. The company reported a 220% sales increase for FY25 and expanded operations in early 2026.

Stock Market Today LIVE: Emkay Wealth Management believes that the global crude oil prices may witness a marginal uptick in the near term amid ongoing geopolitical and supply-side uncertainties, but the broader outlook for Brent crude remains largely range-bound, with limited scope for a sustained rally.

Stock Market Today LIVE: Geopolitical tensions seem to be easing, reducing safe-haven appeal for gold and silver. Iran and the US have agreed to hold talks in Oman on Friday, officials on both sides said. China is considering buying more US-farmed soybeans, US President Donald Trump said after what he called “very positive” talks with his Chinese counterpart Xi Jinping on Wednesday.

Stock Market Today LIVE: MCX silver price crashed 10% on Thursday amid a broader sell-off in previous metal prices globally. MCX silver rate declined by ₹26,844, or 9.98%, to an intraday low of ₹2,42,006 per kilogram.

Stock Market Today LIVE: Shares of metal company Hindustan Zinc faced intense selling pressure on Thursday, February 5, amid a sharp plunge in silver prices. The metal stock declined as much as 7% to ₹594.05 on the BSE, snapping its three-day winning run.

Hindustan Zinc is one of the country's largest silver producers, and any decline in prices can affect the company's operating performance. The stock has emerged as one of the significant beneficiaries of the rise in silver prices, as the stock gained 38% last year.

Stock Market Today LIVE: Hindustan Aeronautics (HAL) share price declined over 6% in early trade on Thursday, extending the slump to the second session, on reports that the state-owned defence company was not shortlisted to develop and manufacture next-generation fighter jets. The PSU defence stock declined as much as 6.28% to ₹3,952.00 apiece on the BSE. HAL share price has fallen more than 11% in two sessions.

Stock Market Today LIVE: Brokerage house, Emkay global shares key points to know

1. RBI likely to pause after 125bps of cuts in CY25

2. 5Y AAA corporate spread shot up by 25bps since the Dec-25 policy

3. Weak transmission to stay a challenge in the near-term

4. No additional RBI infusion needed in FY26

5. System liquidity to ease to 0.9% of NDTL by endMar-26

Stock Market Today LIVE: The sectoral indices on the NSE exhibited a varied performance. The Nifty Auto index rose by 0.20%, bolstered by expectations of consistent domestic demand. Conversely, the Nifty IT index fell by 0.36%, while the Nifty Metal index dropped by 1.71%.

Stock Market Today LIVE: In the broader market on the National Stock Exchange (NSE), the Nifty 100 index experienced a slight decrease of 0.12%. The Nifty Midcap 100 recorded a small loss of 0.04%, while the Nifty Smallcap index fell by 0.31%.

Stock Market Today LIVE: MCX silver price for March futures contracts opened lower at ₹2,58,096 per kilogram, down by ₹10,754, or 4%, from its previous close of ₹2,68,850 level.

Stock Market Today LIVE: MCX gold rate today opened at ₹1,51,948 per 10 grams, lower by ₹1,098, or 0.71%, from its previous close of ₹1,53,046 level.

Stock Market Today LIVE:

· Apar Industries

· Avalon Technologies

· Antelopus Selan Energy

Stock Market Today LIVE: NSDL: 6 months share lock in, 149 mn lock in shares, 75% of total outstanding.

Stock Market Today LIVE: · FII ( ₹cr): +29.8

· DII ( ₹cr): +249.5

Stock Market Today LIVE: · Price Band change from 20% to 10% - Gokaldas Exports, Garware Hi-Tech Films, Indo Count Industries.

· Price Band change from 10% to 20%: ASK Automotive, Black Box, E2E Networks, GM Breweries, Hind Rectifiers, India Cements, JTL Industries, Kingfa Science & Technology (India), KIOCL, Moschip Technologies, Ola Electric Mobility, Orient Technologies, Share India Securities, Baazar Style Retail, V2 Retail.

· Price Band change from 5% to 10%: Apollo Micro Systems, JSW Holdings, Meesho, Ujaas Energy.

· Price Band change from 5% to 20%: Indiabulls Ltd.

Stock Market Today LIVE: Q3 results today

Bharti Airtel, LIC India, Indian Oil Corporation, Tata Motors PV, Power Finance Corp., Hero MotoCorp, Max Healthcare Institute, Mazagon Dock Shipbuilders, Hitachi Energy India, Bharti Hexacom, NYKAA, UNO Minda, Suzlon Energy, RVNL, Hindustan Copper, Berger Paints India, Knowledge Realty Trust, Godrej Properties, Astral, Page Industries, Physicswallah, Anthem Biosciences, Kaynes Technology India, Sai Life Sciences, Nava, Alembic Pharmaceuticals, Poly Medicure, Data Patterns (India), Caplin Point Laboratories, Minda Corporation, JM Financial, Kirloskar Brothers, Cemindia Projects, Aavas Financiers, BlackBuck, PVR INOX, NCC, Viyash Scientific, Varroc Engineering, SKF India, Kama Holdings, Healthcare Global, AB Fashion and Retail, Marksans Pharma, Voltamp Transformers, VA Tech Wabag, Indian Metals & Ferro Alloys, Ashapura Minechem, FDC, Shreeji Shipping Global, Shrem InvIT, Yatharth Hospital, JK Paper, Thomas Cook (India), Shree Renuka Sugars, Dhanuka Agritech.

Stock Market Today LIVE: Sensex and Nifty 50 at 9:11 IST

Sensex at 83,757.54 (-60.15 or -0.07%)

Nifty 50 at 25,755.90 (-20.10 or -0.08%)

Stock Market Today LIVE: * Indian equities market ended flat on Wednesday despite a weak start on negative global cues. Sensex and Nifty 50 posted minor gains of 0.1% and 0.2% respectively while broader markets outperformed the benchmarks.

* Weakness in global tech stocks led to a sell-off in Indian IT stocks; BSE IT index fell 5.5%.

* US markets extended losses from previous session with S&P 500/Nasdaq declining 0.5%/1.5% respectively; Dow was up 0.5%.

* Asian market cues are negative; Gift Nifty indicates a weak start for our market.

Stock Market Today LIVE: According to Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments, the Nifty 50 appears to be in a consolidation phase without big moves at the index level.

However, there are big changes within the Nifty 50 stocks with big declines in IT stocks consequent to the IT sell off in the US spreading to India, too.

The sell off has been triggered by Anthropic’s new automation tools that the market fears may replace IT services that are presently outsourced. The market fears significant margin pressure for Indian IT companies. What the real impact will be remains to be seen.

If the cessation of selling and marginal buying by FIIs becomes a trend, the market will gain strength. This is the data point to watch for

Stock Market Today LIVE: Rupee opens at 90.52/$ vs Wednesday’s close of 90.44/$

Stock Market Today LIVE: Bitcoin price briefly slumped below $72,000, a level last seen 15 months ago, as a broad risk-off move engulfed global markets. Bitcoin price fell as low as $71,540 - the weakest level since November 6, 2024, the day after Donald Trump was re-elected US president. It had dipped to $71,739 late Wednesday in New York. The token is now down about 17% this year, and the broader crypto market has lost over $460 billion in value in the past week.

Stock Market Today LIVE: Key market themes to look for

Concerns about AI disruption have negatively impacted sentiment: Software stocks faced pressure as worries grew that the swift adoption of AI could threaten traditional business models. Anthropic’s expansion of its AI assistant into areas like legal, sales, and data analysis has heightened anxieties about potential industry-wide upheaval.

Attention shifts to Big Tech earnings: Alphabet is set to report on Wednesday and Amazon on Thursday, with anticipated revenue growth exceeding 15% and 13% respectively. Together, these two companies make up almost 20% of the Nasdaq 100, suggesting that solid earnings could drive a rally towards 26,000.

Commodities make a comeback: Gold and silver have recovered despite the massive $15 trillion market selloff last week. With underlying factors still favorable, revisiting record highs might be a matter of when rather than if.

Bitcoin facing a turning point: Bitcoin continues to hover below $77,500. Ongoing weakness could lead to a drop to $70,000, while moving above $80,000 might aim for $88,200.

Stock Market Today LIVE: The stocks to watch today include Bharti Airtel, Tata Motors Passenger Vehicles, Hero MotoCorp, Life Insurance Corporation of India, Indian Oil Corporation, FSN E-Commerce Ventures (Nykaa), Bharti Hexacom, Hindustan Copper, Aditya Birla Fashion and Retail, Max Healthcare Institute, Mazagon Dock Shipbuilders, NCC, Alembic Pharmaceuticals, Power Finance Corporation, PVR Inox, Berger Paints India, Physicswallah, Rail Vikas Nigam (RVNL), Suzlon Energy, VA Tech Wabag, among others as these companies will report their Q3 results today.