Stock Market Today: Sensex at 84,000 Mark, Nifty Holds 25,900

Positive start to the week with global support and trade optimism driving momentum

The Indian stock market starts the week on a positive note on 9 February 2026. The benchmark indices trade higher in the morning session as investors react to supportive global cues and fresh trade developments. The Nifty 50 moves around the 25,800–25,900 range, while the BSE Sensex trades close to the 84,000 level. 

Buying interest remains strong in the early hours, and market breadth stays slightly in favour of advancing stocks. Sentiment looks confident, although volatility is still present during intraday trades.

Global markets show improvement after easing geopolitical concerns and stable data from major economies. This supportive mood reflects on Dalal Street, where traders increase exposure in frontline stocks.

Banking and Auto Stocks Lead

Banking and automobile stocks lead the rally. The Bank Nifty performs better than the broader index, supported by expectations of steady credit growth and a possible softer interest rate environment. Large private and public sector banks see consistent buying. Financial stocks attract attention as easing rate expectations may improve loan growth and reduce funding pressure.

Auto companies also trade higher on hopes of better demand and stable raw material costs. Lower crude oil prices bring some relief to the auto and manufacturing sectors. However, some defensive and export-oriented counters witness mild profit booking after previous gains. Sector rotation is visible, showing that investors are adjusting portfolios rather than exiting the market completely.

India–US Trade Framework Boosts Mood

Investor sentiment receives support from progress in the interim trade framework between India and the United States. The development is viewed as positive for exports and trade relations. Market participants expect that reduced tariff barriers and smoother trade terms may help certain sectors like manufacturing, IT services, and pharmaceuticals.

The Indian rupee strengthens slightly and trades in the low-90s against the US dollar. Currency stability improves confidence among foreign investors. The expectation of renewed portfolio inflows also supports equity markets. 

Impact of Oil and Global Commodities

Crude oil prices soften in global markets after supply concerns ease. Lower costs help India, which is a major importer of crude. This reduces pressure on inflation and corporate margins. Energy-intensive sectors benefit from this decline. Gold prices move higher due to a softer US dollar and mixed global economic signals. Commodity trends continue to influence trading strategies across sectors.

Interest Rate Expectations and Policy View

Market movements are influenced heavily by discussions about monetary policy. Financial circles predict that the Reserve Bank of India will maintain its current support if inflation rates remain under control. Lower borrowing costs enable companies to achieve higher profits and implement their growth strategies.

Financial stocks show positive reactions toward these anticipated outcomes. The bond market experiences minimal yield increases while investors enjoy sufficient liquidity. 

Flow Trends and Technical Levels

Foreign portfolio investors record net inflows into Indian equities in early February, reversing some of the earlier outflows. The domestic institutional investors maintain their support through regular investment activities. 

The Nifty index encounters resistance at the price range of 26,000 to 26,300 according to technical analysts. The immediate support level exists between the price range of 25,200 and 25,450. 

Traders observe these price ranges throughout the entire trading session. The uptrend will continue if buyers sustain their activity above support zones, but unexpected global news will create rapid directional changes.

Overall Market Outlook

The market displays a positive trend throughout the current trading session. The combination of better foreign market perception, stable exchange rates, and positive traffic statistics strengthens market trust. The market shows positive signs with Sensex reaching 84,000 and Nifty approaching 25,900, although investors should remain cautious. 

Investors use global economic indicators, trade news, and corporate earnings announcements to guide their investment decisions. The Indian stock market demonstrates strong resistance while its upward momentum keeps increasing at the start of the week.