Sensex and Nifty See Gains for Third Day Amid Trade Optimism
On February 10, 2026, Indian equity markets experienced a positive turn as the benchmark indices, Sensex and Nifty, rose for the third straight day. This upward movement was driven by favourable global market sentiments and optimism surrounding an impending trade agreement between India and the United States.
The 30-share Bombay Stock Exchange (BSE) Sensex surged by 208.17 points, or 0.25%, concluding at 84,273.92. During trading, it reached an intraday high of 84,482.95, marking an increase of 417.2 points, or 0.49%. Similarly, the 50-share National Stock Exchange (NSE) Nifty rose by 67.85 points, or 0.26%, to finish at 25,935.15, with a peak of 25,989.45 during the day.
Among the gaining stocks on the Sensex were prominent names such as Tata Steel, Mahindra & Mahindra, PowerGrid, and Tata Consultancy Services. Conversely, stocks including HCL Technologies, Bajaj Finance, and Bharti Airtel faced declines.
Market analysts suggest that the domestic equities' upward trend is primarily supported by the anticipated trade deal with the United States and positive signals from key Asian markets. "A strong resurgence in foreign institutional investor flows, coupled with the appreciation of the rupee, is bolstering investor sentiment," said Vinod Nair, Head of Research at Geojit Investments Ltd. He pointed out that while intermittent profit-booking activities were apparent across various sectors, the easing of tariff-related concerns could positively influence near-term market movement.
Nair further mentioned that the focus now shifts towards the collective impact of recent fiscal and monetary measures, particularly as third-quarter earnings have displayed a mixed performance, falling short of expectations thus far.
Regionally, Asian markets showed positive trends, with Japan's Nikkei 225 index, Hong Kong's Hang Seng, South Korea's Kospi, and Shanghai's SSE Composite index all closing higher. Mid-session trading in European markets also indicated gains. The US stock market ended positively on the preceding day, contributing to the upbeat global atmosphere.
According to exchange data, foreign institutional investors made net purchases of stocks worth ₹2,254.64 crore on the previous day, further supporting the rally.
In the commodities market, Brent Crude, a benchmark for international oil prices, saw a slight decline of 0.20%, trading at $68.89 per barrel. The prior day's trading saw the Sensex climb by 485.35 points to close at 84,065.75, while the Nifty appreciated by 173.60 points, settling at 25,867.30. These movements highlight a resilient investor sentiment amidst evolving global market dynamics.
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