Strong earnings and global support keep the momentum alive, though volatility may rise ahead

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The Indian stock market continued its upward momentum on February 10, 2026, supported by strong foreign inflows and positive global signals. The Nifty 50 traded in the 25,950–26,000 range during the session, while the BSE Sensex moved around the low 84,000 levels. 

Markets opened higher and maintained gains through most of the trading hours. Buying was visible across large-cap stocks, and gradually, mid-cap and small-cap shares also started participating in the rally.

The recent upward trend began after the India–US trade agreement, which improved investor confidence. Stable domestic economic signals and improving global mood also supported sentiment. Trading volumes were healthy, and market breadth improved compared to previous sessions. Many analysts believe that the 26,000 mark on Nifty is becoming an important psychological level for traders.

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Foreign Investors Return to Indian Markets

One of the biggest reasons behind the rally was strong buying from foreign portfolio investors. After months of selling, FPIs turned net buyers in early February. Total net purchases in the first part of the month reached nearly $1.3 billion. On Monday alone, foreign investors bought shares worth Rs. 2,255 crore. This renewed participation gave strong support to banking, auto, and metal stocks.

The return of foreign money helped balance valuations, as Indian equities had been trading at a premium compared to other emerging markets. Domestic institutional investors also remained active, but it was the foreign inflows that gave fresh energy to the market. If these inflows continue, the market may remain stable in the coming weeks, though sudden global events can change sentiment quickly.

RBI Keeps Repo Rate Unchanged

The Reserve Bank of India kept the repo rate unchanged at 5.25% in its latest monetary policy meeting. The decision was largely expected by market participants. By keeping interest rates steady, RBI signaled that it wants to support growth while keeping inflation under control.

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The central bank maintained its GDP growth projections and gave a balanced outlook on inflation. Liquidity conditions were described as carefully managed. This stable policy stance reduces uncertainty in the financial markets. Banking stocks reacted positively as steady rates often support credit growth and profitability. Some experts think that rate cuts may come later in the year if inflation remains comfortable.

Corporate Earnings and Sector Movement

Corporate earnings announcements also influenced stock-specific movements. The BSE experienced strong buying activity after the company reported its solid quarterly results. The exchange-related stocks gained investor trust due to their increased trading activity and higher earnings. 

Several sectors showed various performance levels. The share prices of some railway and infrastructure companies dropped as they released numbers that were below market expectations. The presence of major stocks created a positive market mood despite negative market conditions.

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Global Cues and Commodity Trends

Asian markets experienced higher trading activity due to American economic optimism and Japanese political stability. Global market conditions allowed emerging markets to receive support, which benefited India as well. The recent gold price correction followed a previous increase, which showed investors beginning to prefer riskier investments such as stocks.

US economic data will receive close attention as it can affect Federal Reserve decisions and create changes in global financial markets. Changes in interest rate expectations will determine how much foreign investment enters India. 

Technical Outlook and Market Sentiment

Nifty maintains strength above 25,900 while Sensex holds above 84,000 as buyers show strong interest. Options data indicate that higher market fluctuations will occur during the expiry week. 

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Traders monitor the 26,000 resistance level as it shows market players' recent trading activity. If the Indian stock market indices break above these areas convincingly, further upside may be possible.