Feb 9 Market Update: Nifty 25,867 | Sensex 84,065 | Bullish Momentum Continues

Mumbai, Feb 09, 2026: Indian equity markets closed higher on February 9, with the Nifty ending at 25,867.30 and the Sensex rising 485.35 points to 84,065.75. The session began positively but saw early gains trimmed before trading in a tight range. Positive sentiment was driven by trade deal optimism, renewed FII inflows, and ongoing earnings updates.

The broader market outperformed, with Midcap up 1.58% and Small-cap up 2.64%. All sectors closed in green, led by media, consumer durables, realty, PSU banks, pharma, healthcare, and metals. PSU banks outperformed on strong results, while consumer durables and realty gained on hopes of a demand revival.

Nifty Outlook

The index shows continued bullish momentum with support at 25,500–25,400 and potential upside towards 26,100–26,300. Strong near-term support lies at 25,000–25,200.

Bank Nifty Outlook

Bank Nifty posted a new all-time high, maintaining a positive bias with support at 59,500–59,200 and further upside towards 61,200–61,800. Key short-term support is 58,500–58,000.

Volatility is expected to remain elevated due to global cues.

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Info Credit: Bajaj Broking