Mumbai, February 6: As the February 6 trading session approaches, stocks to buy or sell are firmly in focus as the Indian stock market recalibrates after a heavy wave of Q3 earnings. Benchmark indices such as the Nifty 50 and the Sensex have shown signs of volatility, prompting investors to adopt a stock-specific strategy rather than broad-based bets.

Market sentiment remains cautious ahead of the upcoming policy decision by the Reserve Bank of India (RBI). However, strong earnings, dividend announcements and improving fundamentals in select large-cap and consumption-driven stocks are creating clear buy and watch opportunities for traders and long-term investors. Infosys Share Price Today, February 5: Infy Stocks Rise by 0.16%, Check Latest Price on NSE.

Stocks to Watch on February 6

Bharti Airtel (NSE: BHARTIARTL)

Bharti Airtel remains a high-conviction “buy on dips” candidate despite a mild correction in the previous session. The telecom major posted record quarterly revenue and stable operating margins in Q3. Analysts believe the recent dip offers a better entry point into a stock that has consistently outperformed the broader market. Its dominant sector position and strong cash flows make it a defensive play amid volatility. Adani Enterprises Share Price Today, February 5: Stock Slips 0.50% to INR 2,217 on NSE.

Hero MotoCorp (NSE: HEROMOTOCO)

Hero MotoCorp is attracting strong interest from income-focused investors after reporting over 50% year-on-year growth in net profit. The company announced an interim dividend of INR 100 per share, significantly boosting its dividend appeal. Improving rural demand, higher margins and expansion into premium and EV segments support a positive outlook.

Life Insurance Corporation – LIC (NSE: LICI)

LIC continues to be viewed as a value pick despite mixed Q3 numbers. While net profit rose 17%, net premium income declined, putting short-term pressure on the stock. However, global brokerages have upgraded LIC citing attractive valuations, an improved solvency ratio of 2.02 and a massive asset base of INR 54 lakh crore, making it a potential beneficiary of a PSU rally.

Nykaa (NSE: NYKAA)

Nykaa has emerged as a strong growth stock after reporting a 142% jump in net profit, driven by its core beauty and personal care business. The company’s improving profitability and resilient consumer demand continue to attract aggressive growth investors despite premium valuations.

Trent (NSE: TRENT)

Retail major Trent remains on investors’ radar due to consistent double-digit revenue growth and strong execution. Backed by steady consumption trends and store expansion, the stock is seen as a long-term compounder in the retail space.

Analysts recommend a cautious but opportunistic approach for February 6. With the RBI policy and global cues influencing sentiment, traders should closely watch key support levels for the Nifty 50 near 25,600. Any sharp dips may offer opportunities to accumulate quality large-cap stocks with strong fundamentals and earnings visibility.

(Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.)

(The above story first appeared on LatestLY on Feb 06, 2026 07:25 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).