Sensex and Nifty Decline After Three-Day Rally Amid Global Weakness and RBI Policy Watch

Indian stock markets declined on February 5 and 6, 2026, ending a three-day rally amid weak global cues and profit booking. The BSE Sensex fell over 500 points to around 83,300, while the NSE Nifty dropped about 130 points below 25,650. Metal stocks led losses due to falling global commodity prices, while IT shares continued to face pressure following a global tech sell-off. Investors remained cautious ahead of the Reserve Bank of India's upcoming monetary policy decision, with foreign institutional investors selling and domestic investors buying. Market breadth was negative, reflecting a consolidation phase after recent gains.