SENSEX, NIFTY50 indices edge higher led by gains in Reliance, ICICI Bank

The Indian equity benchmarks edged higher on Tuesday, February 10, mirroring positive trend in the global markets. The SENSEX rose as much as 236 points and NIFTY50 index touched an intraday high of 25,935 led by gains in index heavyweights like Reliance Industries, ICICI Bank, Bharti Airtel, Eternal, Larsen & Toubro and Axis Bank.

As of 9:22 am, the SENSEX was up 138 points at 84,203 and NIFTY50 index advanced 37 points to 25,904.

Asian shares extended their winning run to a second straight session on Tuesday supported by overnight gains on the Wall Street.

Hong Kong's Hang Seng advanced 1.3%, Japan' Nikkei surged 2.62%, South Korea's KOSPI gained 0.5%, China's Shanghai Composite rose 0.2% and Taiwan's index climbed 1.67%.

Most of the US benchmark indices ended higher on Monday as technology stocks stabilised after last week's selloff which was triggered concerns over rising spending on AI.

The Dow Jones Industrial Average ended at a record high for second straight session albeit with a small gain and the S&P 500 closed shy of its record close.

The Dow Jones Industrial Average rose 0.04% to close at 50,135.87, S&P %00 advanced 0.47% to end at 6,964.79 and tech heavy Nasdaq gained 0.9% to settle at 23,238.67.

Back home, buying interest was visible across board as 11 of fifteen sector gauges compiled by the National Stock Exchange were trading higher led by the NIFTY Consumer Durables index's 1.3% gain. NIFTY Healthcare, Oil & Gas, Private Bank, Pharma, Auto and Financial Services indices also rose between 0.2%-0.5%.

On the flipside, select IT, metal, PSU bank and real estate shares were facing selling pressure.

Broader markets were also trading higher as NIFTY Midcap 100 index advanced 0.2% and NIFTY Smallcap 100 index gained 0.6%.

Among the individual shares, Navin Fluorine shares rose as much as 5.56% to hit an intraday high of ₹6,965 after it reported a net profit of ₹185.40 crore for the quarter ended December 31, 2026 (Q3 FY26), registering a sharp rally of 122% against the ₹83.60 crore profit logged in the year-ago period.

Net revenue from operations came in at ₹892.37 crore, up 47% YoY against ₹606.20 crore seen in the year-ago period.

Eternal was top gainer in the NIFTY50 index, the stock advanced 1.8% to ₹294. Jio Financial Services, ONGC, Axis Bank, Titan, Apollo Hospitals, Cipla, NTPC, Tata Steel and Bajaj Auto also rose between 0.71%-1.2%.

On the flipside, Shriram Finance, Wipro, Bajaj Finance, SBI Life, HCL Technologies and IndiGo were among the top laggards in the NIFTY50 index.

The overall market breadth was positive as 1,981 shares were advancing while 682 were declining on the NSE.