Market Overview - Benchmark equity indices Sensex and Nifty extended gains for the second consecutive session, driven by optimism over the India-US trade deal and strong buying in public sector banks, consumer durables, and realty stocks [3][10] - The 30-share BSE Sensex increased by 485.35 points, or 0.58%, closing at 84,065.75, while the NSE Nifty rose by 173.60 points, or 0.68%, settling at 25,867.30 [3][7] Sector Performance - Key sectors attracting investor interest included cement, capital goods, textiles, and consumer discretionary, supported by favorable trade deals and union budget proposals [11] - Public sector banks showed stronger-than-expected performance, contributing to the outperformance of the PSU bank index [10] Stock Performance - Notable gainers included State Bank of India, Titan, UltraTech Cement, Tata Steel, and Kotak Mahindra Bank, while laggards comprised PowerGrid, NTPC, and Infosys [4][9] - The benchmark index reached an intraday high of 84,314.68, reflecting a surge of 734.28 points, or 0.87% during the session [6] Foreign Investment - Foreign institutional investors (FIIs) purchased equities worth ₹1,950.77 crore, indicating a return of foreign capital to the market [12]
Sensex reclaims 84K-mark; Nifty ends up 174 points
Rediff·2026-02-09 11:19