Mumbai, India — February 9, 2026
Indian equity benchmarks ended Monday’s session firmly in positive territory, extending gains for a second straight day as optimism around the India–US trade agreement and strong buying in select sectors boosted investor sentiment.
The BSE Sensex, comprising 30 stocks, surged 485.35 points or 0.58% to close at 84,065.75. During the session, the index climbed as much as 734.28 points, hitting an intraday high of 84,314.68.
The broader NSE Nifty 50 gained 173.60 points or 0.68% to settle at 25,867.30, after touching a day’s high of 25,922.25.
💱 Rupee Weakens Slightly
The Indian rupee closed 9 paise lower at 90.74 (provisional) against the US dollar, despite the positive momentum in equities.
🏦 Sectoral Performance Lifts Markets
Buying interest was strong in public sector banks, consumer durables, and real estate stocks, helping the benchmarks sustain gains through the session.
According to market participants, expectations of improved trade relations and returning foreign investment flows lifted risk appetite.
📊 Sensex Gainers and Losers
Among the Sensex constituents, State Bank of India, Titan, UltraTech Cement, Tata Steel, Bharat Electronics, Kotak Mahindra Bank, Indigo, Trent, Mahindra & Mahindra, Larsen & Toubro, Sun Pharmaceutical Industries, and Asian Paints ended higher.
Meanwhile, Power Grid, NTPC, ITC, ICICI Bank, Infosys, HDFC Bank, Tech Mahindra, Maruti Suzuki India, and Axis Bank closed in the red.
🗣️ Expert View
Vinod Nair, Head of Research at Geojit Investments Limited, said positive signals from trade negotiations and the return of foreign institutional investors (FIIs) supported risk-taking sentiment.
He added that better-than-expected performance by PSU banks helped the sector outperform, while recent market corrections encouraged accumulation in consumer durables and real estate stocks on expectations of demand recovery.
Nair also noted that economic improvement appeared broad-based, with cement, capital goods, textiles, and consumer discretionary sectors attracting investor interest, aided by Budget proposals and favorable trade developments.
🌍 Global Market Cues
Asian markets closed higher, with gains seen in:
Japan’s Nikkei 225
South Korea’s Kospi
China’s Shanghai Composite
Hong Kong’s Hang Seng
European markets were trading higher, while US markets had ended Friday’s session on a positive note.
🛢️ Crude Oil Update
Global oil benchmark Brent crude slipped 0.81% to $67.52 per barrel, easing some inflationary concerns.
💼 FII Activity
Exchange data showed that foreign institutional investors bought equities worth ₹1,950.77 crore on Friday, providing additional support to market sentiment.
📅 Previous Session Recap
On Friday, the Sensex had closed 266.47 points higher at 83,580.40, while the Nifty had gained 50.90 points to end at 25,693.70.
