Pre-Market 10 Feb 2026: Nifty Rises 0.68%, Broader Markets Outperform

Indian equity markets head into Tuesday after benchmarks ended higher on Monday, 09 February, supported by buying across most sectors. Sentiment improved following the announcement of an interim trade framework between India and the United States, along with strong earnings from SBI.

Even though some investors were still wary due to recent volatility, the decision was widely supported.

Yesterday’s Market Recap

Markets finished the session in positive territory.

• The Nifty 50 closed at 25,867.30, up 0.68%.
• The Sensex ended at 84,065.75, higher by 0.58%.

Gains were seen from the opening hours. At 9:15 AM IST, the Nifty was trading at 25,808.50, while the Sensex was at 83,995.64, both in the green. Buying continued through the session, with indices closing near the higher end of the day’s range.

Sectoral and Broader Market Action

Sectoral participation remained strong.

Out of 16 major sectors, 15 closed higher. Gains were more pronounced in the broader market. Small-cap stocks rose 2.6%, while mid-cap stocks gained 1.6% by the close.

Market participants pointed to steady earnings momentum, especially among mid- and small-cap companies, as one of the reasons for continued buying interest.

Trade Framework Supports Sentiment

Investor mood remained supported by developments on the trade front.

India and the US have agreed on the broad contours of an interim trade framework covering tariffs, energy ties and wider economic cooperation.

Under the arrangement, Indian exporters will face an 18% tariff rate, which is lower than the rates applied to a number of other exporting countries.

The trade news, along with strong numbers from the State Bank of India, helped anchor gains in banking and consumption-linked stocks.

Global Market Trends

Asian markets traded higher. Japan’s key indices moved to record levels above 57,000 following a decisive political outcome. Markets in South Korea and Hong Kong also traded in the green.

In the US, sentiment remained firm. On Friday, the Dow Jones Industrial Average crossed 50,000 for the first time. US stock futures were also higher during Asian hours.

Rupee, Volumes and Institutional Activity

The Indian rupee ended Monday at ₹90.74 per US dollar (provisional), weaker by 9 paise compared with the previous close.

Institutional activity stayed supportive. Foreign institutional investors bought shares worth ₹2,254.64 crore, while domestic institutional investors purchased shares worth ₹4.15 crore, as per exchange data.

Trading activity picked up as well. NSE cash market volumes were higher by 6% compared with the previous session.

Technical View

From a technical standpoint, the structure remains constructive.

• A move above 25,922 could open the way toward 26,100 and 26,300.
• Immediate support is placed in the 25,500–25,400 zone, which coincides with the recent breakout area and the 20-day EMA.
• Stronger support is seen in the 25,000–25,200 band, near the 52-week EMA and the 80% retracement of the recent move. The index formed a high-wave candle with a higher high and higher low, along with a bullish gap in the 25,703–25,780 zone.

The India VIX ended at 12.19, up 2.09%, indicating volatility remains present despite the positive bias.

What Should We Expect in Today’s Market?

As markets open on Tuesday, attention remains on whether Monday’s strength sees follow-through. Participants to track global cues, trade-related developments and institutional flows through the session.

With broader participation improving but volatility still elevated, trading may continue to remain selective rather than uniformly directional.

Sources:

NDTV Profit

ET

The Hindu Business Line

Mint

NSE

BSE