Did Sensex and Nifty Start the Week on a Positive Note Thanks to Clarity on India-US Trade Deal?
Synopsis
The Indian equity markets opened the week positively, buoyed by clarity on the India-US trade deal and improving domestic fundamentals. Sensex and Nifty both saw significant gains, with all sectoral indices in the green, signaling a constructive market sentiment.
Key Takeaways
Indian equity markets opened positively .
Sensex rose by 370 points .
Nifty gained 117 points .
All sectoral indices are in the green .
India-US trade deal clarity boosts investor sentiment .
Mumbai, Feb 9 (NationPress) The Indian stock markets commenced the week with a positive uptrend on Monday, propelled by increased clarity regarding the India-US interim trade agreement, alongside enhancements in domestic fundamentals and a reduction in geopolitical tensions.
At 9:25 AM, the Sensex climbed 370 points, reflecting a 0.44% increase, reaching 83,950, while the Nifty rose by 117 points, or 0.46%, settling at 25,811.
Major broad-cap indices exhibited robust growth, with the Nifty Midcap 100 increasing by 0.66% and the Nifty Smallcap 100 rising by 0.85%.
All sectoral indices were in the green, with the PSU bank sector leading with a 2.45% rise, followed closely by the metals sector, which advanced by 1.56%.
The immediate support level for Nifty is situated between the 25,550-25,600 range, while resistance is found in the 25,850–25,900 zone, according to market analysts.
Experts noted that the India–US trade agreement has alleviated a significant concern, improving export visibility and reviving interest from foreign investors.
The RBI’s decision to maintain the repo rate and a neutral stance, in conjunction with favorable inflation projections for FY26 and a stable growth outlook, continues to bolster macroeconomic stability.
Decreased anxieties over a potential US–Iran conflict, strong domestic institutional investments, a stabilizing rupee, and ongoing momentum from Budget-led capital expenditure themes are contributing to this positive outlook.
Overall, market sentiment has shifted to a more constructive tone, with attention now directed towards the sustainability of FII inflows and early indications of recovery in export-oriented sectors.
In the Asian markets, China's Shanghai index rose by 1.17%, while Shenzhen increased by 2.07%. Japan's Nikkei saw a 4.27% gain, and Hong Kong's Hang Seng Index edged up by 1.61%. South Korea's Kospi also rose by 4.17%.
The US markets concluded the last trading session positively, with Nasdaq gaining 2.18%, the S&P 500 up by 1.97%, and the Dow Jones rising by 2.47%.
On February 6, foreign institutional investors (FIIs) made net purchases of equities worth Rs 1,951 crore, while domestic institutional investors (DIIs) sold equities worth Rs 1,265 crore.
aar/na
Point of View
I emphasize that the current market scenario reflects a strategic recovery in the Indian equity landscape. The clarity brought by the India-US trade agreement is pivotal, not only for investor confidence but also for fostering long-term economic relationships. Our focus must remain on sustaining this momentum while addressing domestic challenges.
NationPress
21 Jun 2026
Frequently Asked Questions
What factors contributed to the rise in Sensex and Nifty?
The rise in Sensex and Nifty was primarily driven by increased clarity on the India-US trade deal, improved domestic fundamentals, and reduced geopolitical uncertainties.
How did sectoral indices perform?
All sectoral indices traded positively, with notable gains in the PSU bank and metals sectors, which rose by 2.45% and 1.56% respectively.
What are the immediate support and resistance levels for Nifty?
Immediate support for Nifty is identified in the 25,550-25,600 zone, while resistance is seen at the 25,850–25,900 range.
