Stock Market Rally: Sensex Hits New Peak, Nifty Nears 26,000 as Global Cues Spark Optimism!

The Indian stock market extended its winning streak for the third consecutive session on Tuesday, February 10, 2026, as the benchmark indices scaled new record highs. Driven by optimism over a potential India-US trade agreement and robust global cues, the BSE Sensex closed 208 points higher at 84,273.92, while the NSE Nifty gained 68 points to end at 25,935.15.

During the intra-day session, the 30-share BSE Sensex displayed “rocket-like” momentum, surging over 417 points to hit an all-time high of 84,482.95. Similarly, the Nifty was just a stone’s throw away from the psychological 26,000 mark, reaching a peak of 25,989.45 before closing slightly lower due to profit-booking at higher levels.

Top gainers in the Sensex pack included Tata Steel, Mahindra & Mahindra, PowerGrid, Tech Mahindra, and NTPC. Large-cap stocks like TCS and Maruti Suzuki also contributed significantly to the rally. On the flip side, some heavyweights like HDFC Bank, Bajaj Finance, and Bharti Airtel witnessed selling pressure as investors chose to book profits after the recent surge.

Vinod Nair, Head of Research at Geojit Financial Services, noted that the positive sentiment was largely fueled by expectations of a landmark trade deal with the US and favorable trends in Asian markets like Japan and China. Furthermore, a stronger Rupee and substantial buying by Foreign Institutional Investors (FIIs), who purchased shares worth ₹2,254 crore on Monday, provided the necessary liquidity. While the broader market sentiment remains bullish with over 2,500 advancing stocks, analysts suggest that the market’s near-term trajectory will now be dictated by the remaining Q3 corporate earnings and global crude oil prices, which currently stand at $68.89 per barrel.

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