Indian equity benchmarks closed Thursday, February 5, 2026, in negative territory, though they managed to recover part of the intraday losses in the final hour of trade. The Nifty 50 settled below the 25,650 mark as cautious sentiment, profit-booking, and selective selling in heavyweight stocks kept the broader market under pressure. However, strength in select retail, healthcare, and metal stocks provided some support toward the close.
Also Read: February 5, 2026: Nifty Extends Losses at Midday as Broad-Based Selling Drags Markets Lower
Market Snapshot: Benchmarks Close in the Red
At the close, the Nifty 50 ended at 25,642.80, down 133.20 points or 0.52%. The index had opened at 25,755.90, hit an intraday high of 25,757.65, and slipped to a low of 25,579.50, before staging a modest recovery in the latter part of the session.
Other key indices also finished lower:
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Nifty Next 50 fell 0.47% to 68,970.40 -
Nifty Financial Services declined 0.41% to 27,689.35
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Nifty Bank eased 0.29% to 60,063.65
Nifty Next 50 fell 0.47% to 68,970.40The broader market remained mixed, reflecting stock-specific action rather than a strong directional trend.
Top Gainers: Trent Leads; Metals and Healthcare See Buying
Several stocks outperformed the broader market and closed with solid gains:
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Trent surged 2.98% to ₹4,132.00, emerging as the top gainer on strong buying interest and healthy volumes.
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Max Healthcare rose 1.22% to ₹1,038.00, showing continued strength in healthcare stocks.
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Tata Steel gained 1.13% to ₹197.60, supported by buying in metal counters.
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JSW Steel advanced 1.04% to ₹1,241.00, adding to the positive momentum in the steel sector.
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Grasim climbed 0.92% to ₹2,871.10, providing support from the diversified conglomerate space.
Tata Steel gained 1.13% to ₹197.60, supported by buying in metal counters.Top Losers: Hindalco, Telecom and FMCG Stocks Drag
On the flip side, several heavyweights witnessed notable selling pressure:
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Hindalco dropped 3.00% to ₹936.00, leading the losers’ pack despite broader strength in some metal stocks.
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Eternal slipped 2.41% to ₹287.05, remaining under pressure throughout the session.
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Bharti Airtel declined 1.66% to ₹1,992.20, weighing on the telecom space.
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Bharat Electronics (BEL) fell 1.53% to ₹432.50, extending losses in defence stocks.
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ITC eased 1.19% to ₹310.10, reflecting mild profit-booking in FMCG names.
Eternal slipped 2.41% to ₹287.05, remaining under pressure throughout the session.Market Sentiment and Outlook
Although the Nifty managed to recover from its intraday lows, the overall tone of the market remained cautious. Investors appeared selective, preferring stocks with strong sectoral or company-specific triggers while trimming exposure in others. The mixed performance across sectors indicates a phase of consolidation after recent market moves.
In the near term, market direction is likely to be influenced by global cues, institutional flows, and upcoming macroeconomic data, with volatility expected to remain elevated.
Conclusion: February 5, 2026
The Nifty 50 closed lower for the day, but a late-session recovery and strong performance in stocks like Trent and select metal names helped limit the downside. The session reflected a cautious, stock-specific market, suggesting that investors may continue to adopt a selective and defensive approach in the near term.
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