In early trading today, the domestic equity indices showed minor gains, propelled by optimism surrounding the interim trade deal between India and the US and the return of foreign portfolio investors (FPIs). The Nifty surpassed the 25,900 level.
At 09:28 IST, the S&P BSE Sensex increased by 174.41 points, or 0.21%, reaching 84,238.53. The Nifty 50 index experienced a rise of 55.60 points, or 0.21%, to stand at 25,920.
The broader market also showed positive movement, with the BSE 150 MidCap Index rising 0.12% and the BSE 250 SmallCap Index increasing by 0.69%. The market breadth was strong, with 2,274 shares rising and 834 shares falling on the BSE. A total of 168 shares remained unchanged.
On Monday, benchmark equity indices Sensex and Nifty extended their gains for the second straight session, driven by robust buying across all segments after India and the US reached a trade deal, putting an end to tariff uncertainties. The 30-share BSE Sensex jumped 485.35 points, or 0.58 per cent, to close at 84,065.75. During the day, the benchmark surged 734.28 points, or 0.87 per cent, to hit an intraday high of 84,314.68. The 50-share NSE Nifty appreciated by 173.60 points, or 0.68 per cent, to settle at 25,867.30. During the session, the index climbed 228.55 points, or 0.88 per cent, to hit a high of 25,922.25.
Media, pharma, and private bank shares saw advances, while PSU Bank, FMCG, and IT shares experienced declines.
Vinod Nair, Head of Research at Geojit Investments Ltd., noted that positive signals from the trade deal, coupled with the return of FIIs, fueled a risk-on sentiment in the market. Nair added that investors are closely watching upcoming results, with PSU banks delivering stronger-than-anticipated performance, helping the PSU bank index outperform. An accumulation strategy was observed in consumer durables and real estate stocks following the recent correction, driven by expectations of a demand revival.
Foreign portfolio investors (FPIs) were net buyers in the Indian equity market on February 9, 2026, purchasing shares worth Rs 2,254.64 crore. Domestic institutional investors (DIIs) were also net buyers, with purchases to the tune of Rs 4.15 crore.
Among individual stocks, Apollo Micro Systems added 1.56% after reporting a 40.62% year-on-year increase in consolidated net profit to Rs 25.68 crore in Q3 FY26. Conversely, Neuland Laboratories declined 2.09% after reporting a 60.06% year-on-year decline in consolidated net profit to Rs 40.57 crore in Q3 FY26.
The yield on India's 10-year benchmark federal paper rose 0.04% to 6.764. In the foreign exchange market, the rupee edged lower against the dollar, hovering at 90.7000. MCX Gold futures for April 2, 2026, settlement declined 0.48% to Rs 157,316.