NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on February 11

The Indian equity benchmarks are set to stage a gap up opening on Wednesday, February 11, as indicated by the NIFTY futures traded at Gift City in Ahmedabad. NIFTY futures at Gift City advanced 72 points to 26,057, indicating a strong opening for the NIFTY50 index.

The Indian equity benchmarks rose for a third straight session on Tuesday mirroring positive trend in global markets. The SENSEX rose as much as 417 points and NIFTY50 index touched an intraday high of 25,989 led by gains in the index heavyweights like Eternal, Larsen & Toubro, Mahindra & Mahindra, ICICI Bank, Tata Steel and Axis Bank.

The SENSEX ended 208 points higher at 84,274 and NIFTY50 index advanced 68 points to close at 25,935.

Asian markets

Asian shares were trading higher ahead of US jobs data after weak retail sales data ignited hopes of a rate cut by the US Federal Reserve.

Australia's S&P/ASX 200 index advanced 1.48%, China's Shanghai Composite advanced 0.3%, Hong Kong's Hang Seng climbed 0.42% and South Korea's KOSPI advanced 0.84%.

Wall Street update

US stocks largely ended on a weak note on Tuesday on the back of weak December retail sales data.

Dow Jones Industrial Average advanced 0.1%, S&P 500 index fell 0.33% and tech heavy Nasdaq dropped 0.59%.

FII/DII activity

Foreign institutional investors bought shares worth ₹69 crore on Tuesday while domestic institutional investors purchased shares worth ₹1,174 crore, data from the National Stock Exchange showed.

The FIIs have so far this month bought shares worth ₹15,338 crore, according to the data from National Securities Depository Limited (NSDL).

Stocks to watch

Titan clocked a total income of ₹25,567 crore during the quarter under review, marking a 43.09% YoY jump from ₹17,868 crore in the third quarter of the 2024-25 fiscal year (Q3FY25).

The Delhi-based company's revenue from operations rose 23% to ₹6,114 crore in the October-December period from ₹4,973 crore in the year-ago period.

The company reported strong operational performance as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) jumped 30% to ₹1,557 crore from ₹1,201 crore. Its EBITDA margin improved by 130 basis points to 25.46%.

Eicher Motors' board gave its approval for the capacity expansion for Royal Enfield.

In the corresponding period of the previous fiscal year, it had logged a profit of ₹320.64 crore, it said in a regulatory filing.

The firm recognised an incremental expense of approximately ₹52.46 crore relating to certain employees due to the implementation of the new labour code.

Its revenue from operations surged 11.23% YoY to ₹3,280.49 crore during the quarter under review, compared to ₹2,948.02 crore in the December quarter of the 2024-25 fiscal year (Q3FY25).

The company had posted a net profit of ₹1,734.16 crore during the October-December quarter a year ago, according to a regulatory filing by Grasim Industries, which is the holding firm for group companies such as UltraTech, Aditya Birla Capital and Aditya Birla Renewables.

Its revenue from operations was up 25.25% to Rs ₹,311.97 crore in the December quarter under review. It was at ₹35,378.34 crore in the corresponding period of the previous fiscal.

A Pre-Approval Inspection was conducted by the US Food and Drug Administration (USFDA) at the manufacturing facility of InvaGen from February 2 to February 9, 2026, the Mumbai-based drug maker said in a regulatory filing.

"On conclusion of the inspection, InvaGen has received two inspectional observations in Form 483. The company will work closely with the USFDA and is committed to address these comprehensively within stipulated time," it added.

The company had reported a profit of ₹158 crore in the corresponding quarter of the last year, according to an exchange filing.

The quarterly performance was supported by exceptional income of ₹585 crore, arising from the transfer of equity interests in seven Hybrid Annuity Model (HAM) road assets from DBL to the InvIT, a company statement said.

The company had posted a net profit of ₹582.3 crore in the October-December quarter a year ago, according to a regulatory filing from Britannia Industries.

Its revenue from operations was up 8.21% to ₹4,969.82 crore in the third quarter of FY'26. It was at ₹4,592.62 crore in the corresponding quarter.

Britannia’s total expenses were at ₹4,107.59 crore, up 6% in Q3/FY26.

Total income of Britannia, which includes other income, in the December quarter was up 8% to ₹5,029.28 crore.

Trade setup

On the technical charts, the NIFTY50 index managed to close with gains above the 25,900 levels. The chart also indicates a potential positive crossover of 20 EMA crossing 50 EMA from below, which indicates renewed momentum in the index.

On the options data front, the initial buildup for the coming weekly expiry on 17th Feb indicates 26,000 as the resistance with the highest open interest. On the flipside, the 25,500 puts held the highest open interest, indicating strong support.