- BSE Sensex lost 213.12 points (0.27%), settling at 78,058.16, after trading within a range of 78,551.66 to 77,843.99.
- NSE Nifty50 declined 92.95 points (0.39%) to 23,603.35, fluctuating between an intraday high of 23,773.55 and a low of 23,556.25.
The broader market followed suit, with both Nifty Midcap100 and Nifty Smallcap100 ending lower by 1.26% and 0.30%, respectively.
Impact on the stock market
Sectoral performance:
- Losers: Nifty Auto, FMCG, Consumer Durables, Realty, and Financial Services fell by up to 2.19%.
- Gainers: Nifty Bank, IT, Pharma, Private Bank, and Healthcare indices managed to inch higher, gaining up to 0.64%.
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| Sector/Index | Performance |
| IT & BPM sector | 0.31% |
| Healthcare sector | 0.11% |
| Oil & Gas sector | -0.38% |
| Real estate sector | -2.19% |
| PSU Bank in India | -0.73% |
Top gainers today
| Company | Price | Change % |
| Cipla share price | 1,471.50 | 2.42 |
| Adani Ports share price | 1,164.05 | 1.72 |
| Infosys share price | 1,915.65 | 0.98 |
| TATA Cons. Prod share price | 1,023.35 | 0.79 |
| Dr Reddys Labs share price | 1,236.65 | 0.74 |
Top losers today
| Company | Price | Change % |
| Trent share price | 5,277.10 | -8.22 |
| Bharat Elec share price | 279.75 | -3.18 |
| Bharti Airtel share price | 1,619.75 | -2.45 |
| Titan Company share price | 3,410.75 | -2.30 |
| NTPC share price | 312.80 | -2.13 |
Market aftermath: Impact on stocks
Triveni Engineering rallies despite a sharp drop in profits
Triveni Engineering and Industries shares gained 3%, trading at ₹390.85 by mid-session. The stock’s resilience came despite a 69% YoY decline in net profit for Q3FY25. The company’s revenue from operations, however, rose by 3%, keeping investor sentiment afloat.
Adding to the optimism, Triveni Engineering announced a strategic MoU with Rolls-Royce Marine North America Inc. to collaborate on 4 MW marine gas turbine generators in India. This long-term partnership provided some support to the stock, countering the weak earnings report.
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VRL Logistics soars 20% after a stellar earnings report
A standout performer of the day was VRL Logistics, which skyrocketed 20% to ₹559 per share. The company reported a 4x YoY surge in net profit to ₹59 crore for Q3FY25, coupled with a 12% YoY revenue increase to ₹830 crore.
Adding to the bullish momentum was a sharp 78% YoY jump in EBITDA to ₹172 crore, pushing margins up by 800 basis points to 21%. This significant earnings improvement sparked a buying frenzy, with nearly 8 lakh shares traded across NSE and BSE, compared to the one-week average of 66,000 shares.
Sagility India climbs 5% on robust profit growth
Sagility India shares also enjoyed a strong session, gaining over 5% to trade at ₹52.73. The stock was fueled by impressive Q3FY25 earnings, where net profit soared 207.2% YoY to ₹216.9 crore from ₹70.6 crore a year ago.
The strong performance reflected improving operational efficiencies, drawing investor interest and boosting the stock’s momentum in early trade.
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Crude oil prices rise as Saudi hikes rates for Asian buyers
Crude oil prices edged higher on Thursday, driven by Saudi Aramco’s decision to increase prices for March deliveries to Asian buyers. This move came amid rising demand from major consumers like China and India, coupled with US sanctions on Russian oil, which impacted global supply.
- April Brent crude was up 0.11% at $74.69 per barrel.
- March WTI crude rose 0.20% to $71.17 per barrel.
- February MCX crude oil futures gained 0.21% to ₹6243.
In the US, data from the Energy Information Administration (EIA) showed a massive 8.7 million barrel increase in crude oil inventories for the week ending January 31, well above the market’s 2 million barrel estimate. Meanwhile, total motor gasoline inventories increased by 2.2 million barrels, aligning with seasonal trends.
Conclusion: Investors play the waiting game
The Indian stock market closed in the red on February 6, weighed down by pre-RBI policy uncertainty and sectoral divergence. While the benchmark indices struggled, stocks like VRL Logistics, Triveni Engineering, and Sagility India delivered strong performances, showcasing the importance of company-specific triggers.
With the RBI MPC decision set for February 7, market participants are keenly watching whether the central bank will maintain a status quo on rates or signal any policy shifts. Until then, the mood remains cautious, with investors navigating through earnings season and global economic developments.
For more stock market insights, check out the StockGro blog.
