Stock Market Highlights: Bulls in control as Sensex holds above 84,000; Nifty ends above 25,850

Stock Market LIVE Updates: EDITOR’S TAKE

- Markets opened with a gap-up but are trading in a narrow range.

- Nifty continues to see buying in the 25,800–25,850 zone.

- Screen action suggests ongoing FII short covering.

- Strong support seen at Nifty 25,725–25,875 and Bank Nifty 60,250–60,450.

- Profit booking likely in Nifty 25,900–26,000 and Bank Nifty 60,800–61,000 ranges.

- A close above Nifty 25,825 will be more positive.

- A close above Bank Nifty 60,450 signals strong momentum.

Britannia Q3 Results Preview

Zee Business Research estimates point to a stable quarter for the biscuit and bakery major, supported by volume growth, pricing actions and margin improvement. As per estimates, Britannia’s consolidated revenue for Q3FY26 is expected to rise 9.2 per cent year-on-year to Rs 5,015 crore, compared with Rs 4,593 crore in the year-ago period (Read More)

Stock Market LIVE Updates | 1 PM

Indian equity benchmarks were trading firm in the afternoon session on Monday, supported by steady buying across select heavyweights.

As of 1 PM, the Nifty 50 was trading at 25,850.30, up 156.60 points, or 0.61 per cent. The Sensex was at 84,033.52, higher by 453.12 points, or 0.54 per cent.

Stock Market at 12:30 pm

Equity benchmarks were trading higher in afternoon deals on Monday. The BSE Sensex was up 421.24 points at 84,001.64, while the NSE Nifty 50 rose 149.35 points to 25,843.05. Sectorally, Nifty Media gained 3.40 per cent, Nifty PSU Bank climbed 3.44 per cent, and Nifty Consumer Durables advanced 2.83 per cent.

Realty, Metal, Pharma and Financial Services indices also posted solid gains. FMCG was the only major laggard, slipping 0.12 per cent, while IT and Private Bank indices traded with marginal gains.

Why are jewellery stocks rising today?

Jewellery stocks surged sharply on Monday, February 9, after India and the US issued a joint statement outlining the framework for an Interim Trade Agreement (ITA), a first step towards a broader Bilateral Trade Agreement (BTA). The announcement brought tariff clarity for export-linked sectors, with the gems and jewellery space emerging as a key beneficiary.

Market closes higher as Media, PSU Bank and Metal stocks lead sectoral gains

Sectoral indices ended mostly higher, led by strong gains in media, PSU banks and metals. Nifty Media rose 3.52 per cent, while Nifty PSU Bank gained 3.47 per cent. Nifty Metal advanced 2.18 per cent, and Nifty Realty climbed 2.27 per cent. Auto, Bank, Financial Services, Pharma, and Healthcare indices also posted gains of up to around 1.3 per cent. Consumer Durables rose 2.70 per cent, while MidSmall Healthcare gained 1.95 per cent. FMCG was the only major laggard, slipping 0.17 per cent, while IT, Private Bank and Oil and Gas indices ended with modest gains.

Top Gainers and Losers

Gains were seen across large-cap stocks, with SBI, Titan, Bharat Electronics, Tata Steel and UltraTech Cement among the top Sensex gainers. SBI rose over 6 per cent, while Titan, BEL and Tata Steel were up around 2 per cent each. Reliance Industries, Larsen & Toubro, Sun Pharma, Mahindra & Mahindra and Asian Paints also traded higher. On the downside, ITC, Power Grid, ICICI Bank, Bajaj Finance and Hindustan Unilever were among the laggards.

Nifty Sectoral Indices

Broader markets outperformed the benchmarks. The Nifty Midcap and Smallcap indices gained between 1 and 2 per cent, while the Nifty Microcap index rose over 2 per cent. Sectorally, strong buying was seen in PSU banks, media, realty, metals, pharma and consumer durables. The Nifty PSU Bank and Nifty Media indices jumped over 3 per cent each. FMCG stocks underperformed, with the Nifty FMCG index trading in the red.

Stock Market At 11 AM

Indian equity markets were trading higher in late morning deals on Monday, led by broad-based buying across sectors. The BSE Sensex was up 501.78 points, or 0.60 per cent, at 84,082.18 at 11:01 am, while the Nifty 50 rose 169.25 points, or 0.66 per cent, to trade around the 25,863 level.

Sectoral performance remains mixed

Sectoral indices showed mixed trends during early trade. PSU Bank, Media, Realty, Metal and Consumer Durables indices traded with strong gains, while the FMCG index declined. IT and private banking indices saw marginal gains.

Sectoral performance remains mixed

Sectoral indices showed mixed trends during early trade. PSU Bank, Media, Realty, Metal and Consumer Durables indices traded with strong gains, while the FMCG index declined. IT and private banking indices saw marginal gains.

Stock-specific action on Sensex

Among Sensex constituents, SBI, Titan, Tata Steel, Kotak Bank and Reliance were among the major gainers. On the losing side, Power Grid, Bajaj Finance, Hindustan Unilever, ITC and ICICI Bank were among the stocks trading lower in early deals.

PSU banks lead sectoral rally

PSU bank stocks emerged as the top sectoral performers. The Nifty PSU Bank index rose 3.25 per cent, while the Nifty Bank and Financial Services indices also traded higher, gaining 0.88 per cent each.

Benchmark indices trade higher

Benchmark equity indices were trading higher in early deals on Monday. The BSE Sensex rose 429.46 points, or 0.51 per cent, to 84,009.86 at 09:30 am. The NSE Nifty gained 140.20 points to trade at the 25,833.90 level, up 0.55 per cent.

Broader markets outperform benchmarks

Broader markets showed stronger gains compared to frontline indices. Midcap and smallcap indices advanced up to over 1 per cent, indicating buying interest in a wider range of stocks beyond large-cap companies.

Q3 Earnings Season Nears End

Corporate earnings will remain in focus as more than 1,700 companies are set to announce their third-quarter results this week, including Titan, Hindustan Unilever, Coal India and Mahindra & Mahindra.

Inflation Data in Focus This Week

Investors will closely track January CPI inflation data scheduled for release on February 12, followed by the WPI inflation data for January to be released on February 16.

February Volatility Keeps Investors Cautious

Equity markets remained volatile in February as investors digested announcements related to the Union Budget 2026-27, the RBI’s decision to keep the repo rate unchanged at 5.25 per cent and developments on the India-US trade deal.

Market Opens: Gift Nifty Signals Positive Start

Indian stock markets are expected to open on a positive note, with the Nifty trading around the 25,922 level, indicating a mildly higher opening for the benchmark indices.

Global Markets Support Sentiment

Asian markets traded mostly higher, led by gains in Japan’s Nikkei, South Korea’s Kospi and Hong Kong’s Hang Seng. In contrast, the US and European markets ended the previous session in positive territory.