The Indian equity markets saw moderate gains early on Tuesday, supported by strong global cues and ongoing foreign inflows. Sensex rose by 182 points to 84,247, while Nifty climbed 50 points to 25,917 by 9:28 am. Broad-cap indices mirrored benchmark indices, with Nifty Midcap 100 up by 0.20% and Nifty Smallcap 100 by 0.58%.
All sectoral indices were in the green, with notable gains in Nifty consumer durables (0.85%), realty (0.55%), and metals (0.53%). ONGC stood out among the top gainers. Market analysts indicated immediate Nifty support at 25,500-25,700 and resistance at 26,000–26,100.
Market sentiment is improving due to renewed foreign inflows, US market strength, and optimism over the interim India-US trade framework, analysts noted. In Asian markets, Japan’s Nikkei surged by 2.49%, while China’s Shanghai index and Shenzhen eased slightly. US markets closed positively, with Nasdaq up by 0.9%, S&P 500 by 0.47%, and Dow Jones by 0.04%.
Foreign institutional investors (FIIs) net bought equities worth Rs 2,255 crore on February 9, while domestic institutional investors (DIIs) were net buyers of equities worth Rs 4 crore. Monday saw strong gains in the Indian equity markets following the announcement of an interim India–US trade deal framework. Sensex closed with a 485-point gain at 84,065, and Nifty surged by 173 points to 25,867.
