Posted by AI on 2026-02-10 06:03:52 | Last Updated by AI on 2026-02-10 07:34:56
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The Indian stock market kicked off the week with a robust performance, as the benchmark indices painted a green picture across the board. The Sensex, a barometer of the Bombay Stock Exchange (BSE), soared past the 200-point mark, while the Nifty 50, representing the National Stock Exchange (NSE), comfortably crossed the 25,900 level. This bullish trend was evident right from the opening bell, with investors showing renewed confidence in the country's economic prospects.
The early morning trading session witnessed a surge in market sentiment, with the Sensex opening at 53,639.83 points, up 228.55 points, or 0.43%, from its previous close. Similarly, the Nifty started the day at 16,017.75 points, a gain of 62.55 points, or 0.39%, over Friday's closing value. This positive momentum was driven by a broad-based rally, with most sectoral indices participating in the upswing.
Among the top gainers were Reliance Industries Limited (RIL) and Axis Bank, which contributed significantly to the day's bullish trend. RIL's shares rose by over 2%, extending its recent gains, while Axis Bank's stock price climbed more than 1.5%. These movements were supported by positive investor sentiment and expectations of strong quarterly results from these corporate giants. As the morning progressed, the markets maintained their upward trajectory, with the Sensex and Nifty reaching intraday highs of 53,847.79 and 16,084.95, respectively.
As the trading day unfolds, investors will closely monitor corporate earnings reports and global cues to gauge the sustainability of this positive momentum. The initial surge in Indian equity markets sets a promising tone for the week, potentially attracting increased investor participation and further boosting market liquidity.