Nifty Mid-Cap, Small-Cap Gain While PSU Banks Lag; Nifty 50 Up 0.37%

Market Update at 12:15 PM: Indian equity markets traded higher on Tuesday, with domestic indices gaining momentum from a broad rally across the Asia-Pacific region and easing precious metal prices.

As of 12 PM, the Nifty 50 was trading 0.37 per cent higher, up 95 points at 25,962, while the Sensex rose 0.39 per cent, gaining 326.90 points to trade at 84,392.65.

Leading the gains on the Sensex were Eternal, Tata Steel, Maruti Suzuki India, and Baja Auto, reflecting strong investor interest in key Large-Cap stocks.

In the broader markets, the Nifty MidCap index gained 0.37 per cent, and the Nifty SmallCap index rose 0.44 per cent, indicating a healthy participation from mid and Small-Cap stocks.

Sector-wise, the Nifty Metal index outperformed with a gain of over 1 per cent, while the Nifty PSU Bank index declined the most, showing mixed sectoral trends.

Market Update at 10:11 AM: Indian equity markets opened slightly higher on Tuesday, supported by signs of a revival in foreign fund inflows and optimism surrounding the ongoing trade deal between India and the U.S.

The Nifty 50 rose 0.21 per cent to 25,922.65, while the BSE Sensex added 0.17 per cent to 84,210 as of 9:15 a.m. IST. Broader markets also reflected positive momentum, with the Small-cap gaining 0.4 per cent and the Mid-Cap rising 0.5 per cent. All 16 major sectors recorded Intraday gains, indicating broad-based market strength.

The previous session saw the Nifty 50 climb 0.7 per cent, extending its weekly gain to 1.5 per cent – the best three-month performance – after India and the U.S. announced a long-awaited trade deal earlier this month.

Under the interim trade framework unveiled last Friday, the two countries agreed to lower tariffs, reshape energy ties, and deepen economic cooperation.

Market participants are keeping a close watch on foreign institutional investors (FIIs) as their buying activity is expected to further support the ongoing rally.

Pre-Market Update at 7:35 AM: Indian equity benchmark indices, the Sensex and Nifty 50, are expected to open in the green on Tuesday, tracking positive global cues. As of 7:12 AM, the GIFT Nifty was trading near the 25,987 level, up 97 points from its previous close, indicating a positive start for domestic markets.

Market participants are likely to focus on stock-specific action as the Q3 earnings season enters its final leg. Several companies are scheduled to announce their Quarterly Results this week. Stocks linked to U.S. exports, especially those expected to benefit from the recent India–U.S. trade framework, along with metal stocks, are expected to remain in focus.

Asian markets traded higher in early trade, while U.S. equity markets closed firmly overnight, led by strong gains in technology stocks. Institutional activity has also supported sentiment, with both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) remaining net buyers so far in February.

On February 9, FIIs were net buyers of Indian equities worth Rs 2,254.64 crore. DIIs also remained positive, purchasing shares worth Rs 4,156 crore during the same session. FIIs have now emerged as net buyers for two consecutive trading sessions, indicating improving risk appetite.

On Monday, Indian markets closed higher after the announcement of a preliminary framework for a trade agreement with the United States. The Sensex gained 485.35 points, or 0.58 per cent, to settle at 84,065.75, while the Nifty 50 rose 173.60 points, or 0.68 per cent, to close at 25,867.30.

Key corporate earnings scheduled for Tuesday include results from Titan Company, Grasim Industries, Eicher Motors, Britannia Industries, and Samvardhana Motherson International, which could drive stock-specific volatility.

U.S. stock markets ended higher on Monday, supported by a rally in technology stocks. The Dow Jones Industrial Average rose 20 points to close at 50,135.87. The S&P 500 advanced 0.47 per cent to 6,964.82, while the Nasdaq Composite jumped 0.90 per cent to end at 23,238.67. Technology majors such as Nvidia, Microsoft, AMD, Tesla, and Oracle posted solid gains, while Apple ended the session lower.

In commodities, gold and silver prices declined after two consecutive sessions of gains, as the U.S. dollar strengthened. Gold prices slipped around 1 per cent, while silver fell by nearly 2.5 per cent. Crude oil prices also moved lower, with Brent crude dropping below USD 69 per barrel and WTI crude easing to around USD 64 per barrel.

In the currency market, the U.S. dollar remained weak ahead of key economic data. The dollar index hovered near a one-week low. The Japanese yen stayed firm, the British pound remained steady, and the euro edged slightly lower.

For today, Sammaan Capital will remain on the F&O ban list.

Disclaimer: The article is for informational purposes only and not investment advice.