Sensex Settles in the Green, Books Weekly Gain
2026-02-06 11:35
By
Luisa Carvalho
1 min. read
India's BSE Sensex reversed early losses to close about 0.3% up at 83,580 on Friday, in a late recovery supported by selective buying in FMCG and private banking stocks, while the heavyweight IT sector continued to lag.
Sentiment steadied following a volatile week, buoyed by a surprise US-India trade agreement and the RBI’s decision to keep its policy rate unchanged.
The RBI’s policy announcement was broadly in line with expectations, maintaining a neutral stance while reiterating a constructive growth outlook.
Among individual stocks, ITC (+5.2%) led the way, tracking other cigarette stocks, following reports of fresh price hikes and strong Q3 earnings, which eased fears around the recent excise duty increase effective from February 1.
Kotak Bank, HUL, Bharti Airtel, Bajaj Finance, and Bajaj Finserv were also among the top performers, adding up to 3.4%.
Conversely, TCS (-1.8%), Tech Mahindra (-1.7%) and Adani Ports (-1.3%) posted the biggest losses.
For the week, the index rose 1.6%.