🏁 Closing Snapshot – February 9, 2026
• Nifty 50: 25,867.30 ▲ 173.60 pts • Sensex: 84,065.75 ▲ 485.35 pts • USD/INR: 90.74 • Brent Crude: $67.94 per barrel • Gold (MCX): ₹156,641 per 10g • Silver (MCX): ₹264,300 per kg
📊 Key Market Highlights
• GIFT Nifty: Up 100 points (0.37%) at 25,987, eyeing the 26,000 psychological mark • Nifty Momentum: Monday formed a High Wave candle, hinting at gradual recovery • India VIX: At 12.19, signalling a calm yet cautious market environment
🚀 Big Wins Driving Sentiment
🇮🇳 India–US Trade Rese
• Interim trade framework announced • US tariffs on several Indian goods reduced from 50% to 18% • India commits to $500B in energy and tech purchases over 5 years • Major boost for Textiles, Leather and MSME sectors
🇲🇾 Malaysia Connection
• 11 MoUs signed during PM Modi’s visit • Launch of Malaysia–India Digital Council • NPCI and PayNet linkage to simplify cross-border payments
📉 Trading Setup for the Session
• Resistance Zone: 26,000 – 26,200. Breakout could trigger fresh rally • Support Level: 25,650 remains crucial for ongoing recovery • RSI Indicator: Bullish crossover with upward momentum • Strategy: Buy on Dips remains the preferred approach
⛔ F&O Ban List
• SAIL • Sammaan Capital Avoid fresh positions in these counters.
🌟 Stocks in the Spotlight
• State Bank of India: Jumped 7.63% after record ₹21,028 crore Q3 profit and strong treasury gains • Shipping Corporation of India: Surged nearly 20% on 436% jump in consolidated net profit • Kalyan Jewellers: Soared 15% as Q3 net profit rose 90% with strong revenue growth
🌍 Global Cues
• Wall Street: S&P 500 and Nasdaq ended higher as tech stocks rebounded • Asian Markets: Trading at fresh highs; Nikkei up 2% on pro-growth policy expectations • Commodities: Gold and silver see mild pullback; Brent steady near $67.94
💡 IndyaWealth Insight
Markets are in a phase of gradual recovery and consolidation. Trade optimism is driving momentum, but keep a close watch on upcoming US jobs and inflation data for the next major trigger.