Indian Markets Fall After Three-Day Rally Ahead of RBI Policy Decision

Indian equity markets snapped a three-day rally on February 5, 2026, with the Sensex falling over 500 points and the Nifty dropping below 25,650 amid broad-based profit booking and weak global cues. Metal, defence, and IT stocks led declines, while sectors like consumer durables and realty also saw losses. Key corporate earnings included Tata Power's mixed Q3 results, JSW Cement's profit turnaround, and Bharti Airtel's net profit decline. Investors awaited the Reserve Bank of India's upcoming monetary policy decision amid cautious sentiment.