Indian stock markets are poised for a positive opening on February 10, 2026, mirroring positive cues from global markets. Both the Nifty 50 and the Sensex are expected to build on the gains from the previous session.

Global and Domestic Cues

Trends on the Gift Nifty indicate a strong start for the Indian benchmark index. The Gift Nifty was trading around the 25,990 level, a premium of approximately 75 points from Nifty futures' previous close. Asian markets are also trading higher, and U.S. equity markets closed firmly overnight, driven by technology stocks. European markets are exhibiting a mixed trend, which might limit sharp directional movements in early trade.

On February 9, the Sensex rallied 485.35 points, or 0.58%, to close at 84,065.75, while the Nifty 50 settled 173.60 points, or 0.68%, higher at 25,867.30. The positive sentiment was boosted by reports of progress in the India-U.S. trade framework.

FII and DII Activity

Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) have been net buyers in February, supporting market sentiment. On February 9, FIIs were net buyers of Indian equities worth ₹2,254.60 crore, while DIIs purchased shares worth ₹4,156 crore. This marks the second consecutive trading session where FIIs have been net buyers, signaling increased risk appetite.

Trading Strategy and Key Levels

Market analysts suggest a "buy-on-dips" approach near key support levels, advising traders to await a decisive breakout above resistance before initiating fresh directional positions.

• Sensex: Immediate support is in the 83,500 – 83,700 zone. Reclaiming and sustaining the 84,400 – 84,500 resistance zone is essential for a complete trend reversal toward previous all-time highs.
• Nifty 50: Immediate resistance is at 25,768 and later at 25,980. Immediate support is at 25,556 and major support at 25,344. A break above the resistance at 25,700 could lead to an upside, with initial resistance placed at 26,000–26,200. Support is placed at 25,650.
• Bank Nifty: Immediate resistance is at 60,299 and later at 60,804. Immediate support is at 59,793 and major support at 59,288. Key resistance is at 60,150, with strong support seen at 59,600.

Factors to Watch

• Q3 Earnings: Market participants are likely to focus on stock-specific action as the Q3 earnings season enters its final leg. Key corporate earnings scheduled for February 10 include results from Titan Company, Grasim Industries, Eicher Motors, Britannia Industries, and Samvardhana Motherson International.
• India-U.S. Trade Framework: Stocks linked to U.S. exports, particularly those expected to benefit from the recent India–U.S. trade framework, along with metal stocks, are expected to remain in focus.
• Volatility: Rising India VIX signals potentially higher intraday volatility. Traders are advised to remain cautious at higher levels. The volatility gauge India VIX ended at 12.19 on February 9, up 2.09% from the last close.
• Global Cues: European markets are largely mixed, which may keep global cues neutral and restrict sharp directional moves in early trade.

Overall Market Sentiment

The overall market bias remains positive, though volatility could stay elevated amid global developments and the final phase of the Q3 earnings season. Analysts anticipate that the Nifty may move towards higher levels, with the sentiment looking positive as the index has reclaimed its 50-DMA and the RSI is in a bullish crossover, trending higher.