Sensex Drops 504 Points, Nifty Below 25,700 as Profit-Booking Hits Market

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Firstpost•05-02-2026, 15:51
Sensex Drops 504 Points, Nifty Below 25,700 as Profit-Booking Hits Market
- •Benchmark indices Sensex and Nifty snapped a three-session winning streak, closing in the red due to profit-booking.
- •BSE Sensex fell 504 points to 83,314, and NSE Nifty50 declined 133 points to 25,643, both down over 0.5%.
- •Hindalco, Eternal, Bharti Airtel, BEL, and SBI Life were top Nifty laggards; market breadth remained negative with a 1:2 advance-decline ratio.
- •IT and Metal stocks faced pressure, with Hindustan Zinc tumbling 5% after silver prices slumped 11%.
- •Trent, Page Industries, IOC, and Cummins India were among the gainers, while PB Fintech surged 8% and Tube Investments plunged 10%.
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