concept of stock market exchange, graphic of bull and bear combined with candlestick | Photo Credit: Jackie Niam
Markets opened in positive territory on Tuesday morning, extending Monday’s strong rally as benchmark indices gained support from firm global cues and renewed foreign institutional investor buying. The BSESensex opened at ₹84,210.00, up from its previous close of ₹84,065.75, and was trading at ₹84,310.07, higher by 244.32 points or 0.29 per cent at 9:50 AM. The Nifty 50 index opened at ₹25,922.65 against its previous close of ₹25,867.30 and was trading at ₹25,942.65, up 75.35 points or 0.29 per cent.
The positive opening follows a robust session on Monday where the Nifty gained 174 points and the Sensex surged 485 points, with nearly all key sectoral indices trading positively. “On Monday, the major indices rebounded strongly,” said Shrikant Chouhan, Head Equity Research at Kotak Securities. “Nearly all key sectoral indices traded positively, with the Media index leading the gains, soaring by 4.30 per cent.”
The optimism in domestic markets is being driven by multiple factors, including the recent India-US interim trade deal and improving foreign flows. “The India–US interim trade deal continues to anchor sentiment, being viewed as a structural positive that enhances India’s export competitiveness,” said Ponmudi R, CEO of Enrich Money. “FII participation has turned meaningfully supportive this month, providing a clear sentiment tailwind, while DIIs remain steady, offering underlying stability.”
Foreign institutional investors turned net buyers on Monday, purchasing shares worth approximately ₹2,255 crore, marking the second consecutive session of buying after a prolonged selling phase. Domestic institutional investors remained largely neutral with marginal net buying of around ₹4 crore.
Global markets provided strong support to domestic sentiment, with US markets closing higher on Monday. “The Dow Jones Industrial Average closed at a new all-time high of 50135, rising modestly as markets recovered from last week’s volatility,” said Devarsh Vakil, Head of Prime Research at HDFC Securities. “The S&P 500 climbed 0.5 per cent, and the Nasdaq advanced 0.9 per cent, with technology stocks powering the rally.”
On the Nifty 50, Eternal emerged as the top gainer in early trade, surging 2.72 per cent to ₹296.70. Tata Steel advanced 2.00 per cent to ₹206.04, while Tech Mahindra gained 1.99 per cent to ₹1,654.00. Jio Financial Services rose 1.65 per cent to ₹273.70, and Titan Company climbed 1.50 per cent to ₹4,321.80.
On the losing side, Bajaj Finance declined 1.23 per cent to ₹971.10, while Shriram Finance fell 0.95 per cent to ₹1,052.60. SBI Life Insurance dropped 0.86 per cent to ₹2,006.50, IndiGo slipped 0.46 per cent to ₹4,941.10, and Asian Paints declined 0.35 per cent to ₹2,408.90.
Banking stocks continued to show strength, with the sector benefiting from strong quarterly results. “State Bank of India outperformed sharply following strong Q3 results, boosting overall sentiment in the banking space,” said Aakash Shah, Technical Research Analyst at Choice Equity Broking. The rally was led by banking, PSU banks, metals, and select consumption and capital goods stocks.
From a technical perspective, analysts remain cautiously optimistic about the near-term outlook. “The near-term market outlook remains positive,” said Chouhan. “For trend-following traders, key support levels are at 25,750 / 83,800. As long as the market stays above these levels, the upward trend is likely to persist. On the upside, the market could rise towards 26,000-26,100 / 84,500-84,700.”
Published on February 10, 2026