The Indian stock market witnessed a positive opening on Tuesday, February 10, 2026, continuing its upward trend for the third consecutive session. Both the Sensex and Nifty indices displayed gains, with the Nifty Smallcap index outperforming the frontline gauges.
At the open, the BSE Sensex was trading at 84,259, up by 193 points or 0.23 percent. The NSE Nifty50 index stood at 25,934, reflecting a gain of 67 points or 0.26 percent.
Key Gainers and Losers
Eternal, Axis Bank, Trent, NTPC, Titan, RIL, Sun Pharma, and Bharti Airtel emerged as the top gainers on the Sensex. On the sectoral front, the Nifty Pharma index experienced a rise of 0.5 percent, while the Nifty IT and Nifty PSU Bank indices saw declines of 0.2 percent each.
Market Breadth
The broader market indices also reflected positive sentiment, with the Nifty MidCap index gaining 0.21 percent and the Nifty SmallCap index rising 0.49 percent.
Global Cues
The Indian market is mirroring positive global cues. US equity indexes closed higher on Monday, driven by technology shares that pushed the S\&P 500 and Nasdaq upward. The S\&P 500 index rose 0.47 percent, the Nasdaq Composite was up 0.9 percent, and the Dow Jones Industrial Average settled almost flat with a positive bias. Asian markets also rallied, with Japan's Nikkei 225 Index reaching an all-time high.
Experts' Take
Experts anticipate the positive momentum to continue in Tuesday's trading session, supported by favorable global cues and sustained foreign fund inflows. However, they also caution that volatility may persist due to global developments and the ongoing Q3 earnings season.
Mayank Jain, a Market Analyst at Share.Market, noted that the market breadth remains healthy, indicating renewed favor for mid-cap stocks. He identified the immediate support zone for the Sensex at 83,500 – 83,700.
Nifty Technical Outlook
The Nifty 50 formed a Doji candle, signaling indecision among market participants. Aakash Shah, Technical Research Analyst at Choice Equity Broking, advises traders to adopt a buy-on-dips approach near key support levels and await a decisive breakout above resistance before initiating fresh directional positions.
Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, believes the underlying trend of Nifty 50 remains positive, with the next upside levels around 26,000 and 26,350 in the near term. Immediate support is placed at 25,700.
Stock Focus: RIL and Axis Bank
Reliance Industries (RIL): RIL's stock is considered a strong portfolio bet. From a short-term perspective, RIL looks attractive on charts, with expected targets between Rs 1,520 and Rs 1,580.
Axis Bank: Axis Bank is trading higher and is among the top gainers in early trade.
Market Sentiment
Overall, market sentiment is positive, with experts suggesting that any near-term correction should be viewed as a buying opportunity. Investors are advised to monitor global cues, institutional activity, and corporate earnings for further market direction.