After registering gains for three consecutive trading sessions, Indian stock markets closed in negative territory on February 5. Both the BSE Sensex and the NSE Nifty ended the day with losses, reflecting profit booking and cautious investor sentiment.
Sector-wise performance shows mixed trends
Markets witnessed varied performances across individual sectors throughout the session. Heavy selling pressure was visible in IT, metal, and realty sectors, indicating a pullback by investors from these segments. The information technology sector, in particular, saw sharp declines as global cues weighed on trading sentiment.
On the other hand, selective buying was observed in auto and FMCG stocks which helped limit the overall market losses. These sectors showed resilience amid broader market volatility, with some leading companies posting marginal gains despite the downward pressure.
Sensex and Nifty end the day in red
The BSE Sensex fell by several hundred points during intraday trade before closing lower, erasing this week’s earlier gains. Similarly, the NSE Nifty also saw a downward trend, ending below key resistance levels. Selling intensified during the latter half of the session as traders opted to book profits, anticipating uncertainty in upcoming sessions.
Top gainers and losers from the trading session
Among the top performers on the Sensex, select auto and consumer goods stocks managed to post gains. Companies in these sectors benefited from sustained demand trends and investor interest in defensives. Despite overall market weakness, these stocks contributed positively to index performance.
On the losing side, major technology firms, metal producers, and real estate developers featured among the top laggards. Their shares came under significant selling pressure due to valuation concerns and hints of global economic slowdown affecting export-driven segments.
Investor outlook cautious ahead of February 6
Market participants are expected to adopt a wait-and-watch approach in the next session as they assess global market cues and domestic economic data. The recent volatility and mixed sectoral performance indicate a cautious mood prevailing in the near term. Traders will also monitor corporate earnings announcements and macroeconomic indicators for further direction in the upcoming sessions.