• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Sensex, Nifty End Lower As Investors Await RBI MPC Decision

OMMCOM NEWS by OMMCOM NEWS
February 6, 2025
in Business

Mumbai:  The Indian stock market on Thursday closed lower as investors remained cautious ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decision on the rate cut scheduled for February 7.

The Sensex fell by 213.12 points, or 0.27 per cent to settle at 78,058.16. During the day, the index fluctuated between a high of 78,551.66 and a low of 77,843.99.

Similarly, the Nifty ended lower by 92.95 points, or 0.39 per cent to close at 23,603.35. The index recorded a day’s high of 23,773.55 and a low of 23,556.25.

Among the Nifty stocks, 30 companies closed in negative territory.

Trent, Bharat Electronics, Bharti Airtel, ONGC and Titan were among the biggest losers with falling up to 8.39 per cent.

On the other hand, Adani Ports, Cipla, Infosys and Dr. Reddy’s Labs managed to close higher during intra-day trade with gains of up to 2.51 per cent.

The broader market also followed a downward trend. The Nifty Midcap100 fell by 1.26 per cent, while the Nifty Smallcap100 declined by 0.30 per cent.

Sectoral indices on the NSE had a mixed performance amid cautious sentiment among investors.

The Nifty Auto, FMCG, Consumer Durables, Realty, and Financial Services indices faced losses with a decline of up to 2.19 per cent.

On the other hand, sectors like Nifty Bank, IT, Pharma, Private Bank, and Healthcare showed resilience by ending the session in modest gains of up to 0.64 per cent.

“Around the current levels, that is, 87.30/40, the depreciation in rupee evens out with the level of depreciation in the emerging market currencies and the Latin American and African currencies,” said Dr Joseph Thomas, Head of Research, Emkay Wealth Management.

He further said that we should not undermine the probability of larger dollar inflows in to India on account of repatriation by companies mainly tech companies who may be having their receivables from overseas business.

Gold traded sideways with minor weakness, hovering around Rs 84,450 in MCX, while Comex gold saw a slight retracement towards $2,850.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Third Child Shows Symptoms Of GBS In Jharkhand, Govt On Alert

Next Post

‘Kuno Cheetahs To Soon Roam In Rajasthan Via Proposed Wildlife Corridor’

Related Posts

Business

Set To Invest $15-20 Billion Across Businesses In Next 5 Years: Gautam Adani

June 1, 2025
Business

IndiGo Places Order For Another 30 Wide-Body A350 Aircraft With Airbus

June 1, 2025
Business

India’s GST Collections In May Surge Over 16 Pc To Rs 2.01 Lakh Crore

June 1, 2025
indigo
Business

IndiGo Signs Partnership To Expand Long-Haul Flights To Europe, UK, North America

June 1, 2025
Indian stock markets
Business

RBI MPC, PMI Data, FII Activity, Global Economic Indicators To Drive Stock Market Next Week

June 1, 2025
Business

Indian Bond Market Shines Amid Falling Inflation: Jefferies

May 31, 2025
Next Post

‘Kuno Cheetahs To Soon Roam In Rajasthan Via Proposed Wildlife Corridor’

Odisha Seeks Rs 12,59,148 Crore Funds From 16th Finance Commission For 2026-2031

Thakuradia Primary School

16 Students Allegedly Assaulted By Teacher At Bargarh School

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.