Mumbai, Feb. 6 -- The Indian stock market closed in negative territory on Tuesday, with the Sensex declining by 213.12 points to settle at 78,058.16, while the Nifty slipped 92.95 points to end at 23,603.35.

Market sentiment remained cautious as investors awaited the Reserve Bank of India's (RBI) policy decision, leading to a consolidation phase across sectors.

Out of the Nifty 50 companies, 21 stocks advanced while 30 declined. Among the top gainers were Cipla, Adani Ports, ITC Hotels, Dr. Reddy's, and HDFC Life. On the other hand, Trent, BEL, Bharti Airtel, Titan, and ONGC emerged as the biggest losers, dragging the index lower.

Vinod Nair, Head of Research at Geojit Financial Services, commented on the market's movement, stating, "T...