Green Start: Sensex Gains 247 Points, Nifty Up 80 in Morning Trade
On February 10, 2026, the Indian stock market demonstrated remarkable resilience as the Sensex and Nifty extended their winning streak for a third consecutive session. The BSE Sensex climbed 247 points to cross the 84,310 level, while the NSE Nifty rose over 80 points to edge closer to the 26,000 mark. This sustained rally is largely attributed to a significant shift in investor sentiment following the formalization of the interim trade framework between India and the United States. Analysts suggest that the clarity provided by the White House regarding reduced tariffs has removed a major cloud of uncertainty that had been hovering over Indian exporters since late 2025.
The market’s upward movement was supported by a notable rebound in foreign institutional investment. After a period of heavy selling, foreign funds have turned net buyers, encouraged by the strategic pivot in India’s energy and trade policy. The agreement to reduce reciprocal tariffs to 18 percent and the removal of punitive duties previously linked to Russian oil imports have provided a massive boost to heavyweights like Tata Steel, Reliance Industries, and Maruti Suzuki. These companies, which rely heavily on global supply chains and international trade relations, saw their shares trade in the green as the market factored in lower operational costs and improved access to the American consumer base.
Furthermore, positive trends in Asian markets, particularly in Japan and Hong Kong, provided a supportive global backdrop for Dalal Street. The strength of the US economy and the stabilizing Indian Rupee, which has gained ground against the dollar, have created a favorable environment for “risk-on” investments. While certain sectors like IT and private banking saw some profit booking, the overall market breadth remained positive. Investors are increasingly optimistic that the new trade era with the US will act as a catalyst for corporate earnings growth throughout 2026. This optimism is reflected in the performance of diversified constituents like Titan, Axis Bank, and Mahindra & Mahindra, which led the gainers’ list in early trade. As the market nears historic highs, the focus remains on domestic macro-economic data and the continued implementation of the India-US trade pact, which experts believe could redefine India’s economic trajectory for the next decade.