NIFTY 50

The benchmark equity indices Sensex and Nifty started the week on a strong note, following the India-U.S. trade framework, while positive global cues and strong earnings from the State Bank of India lent support.

The Nifty50 rose 0.45% to 25,808.5, while the added 0.5% to 83,995.64, as of 9:15 a.m. IST.
<h3>Key factors behind market rise</h3>
1) India-US trade framework: The U.S. and India moved closer to a trade pact on Friday, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to realign global supply chains.

2) SBI results: The country's largest lender State Bank of India jumped 6 percent after reporting a higher-than-expected profit for the third quarter and raising its fiscal year 2026 credit growth target.
<h3>Technical outlook</h3>
Anand James, Chief Market Strategist, Geojit Investments, noted "While the anticipated gap filling down-move aiming 25440 did not fully materialize, the brief slippage below 25500 is suggestive towards loss in upside momentum. That said, the consistent close near 25700 through last week suggests that there is enough buying interest to achieve our rebound target of 26020. Alternatively, inability to float above 25830 may be taken as a weakening sign, but we will wait for a slippage below 25580 to abandon upside hopes entirely today."

(Copy will be updated shortly)

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Sensex up 400 pts, Nifty above 25,800: India-US trade deal among key factors behind market rise

The benchmark equity indices Sensex and Nifty started the week on a strong note, following the India-U.S. trade framework, while positive global cues and strong earnings from the State Bank of India lent support.

The Nifty50 rose 0.45% to 25,808.5, while the added 0.5% to 83,995.64, as of 9:15 a.m. IST.
Key factors behind market rise
1) India-US trade framework: The U.S. and India moved closer to a trade pact on Friday, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to realign global supply chains.

2) SBI results: The country's largest lender State Bank of India jumped 6 percent after reporting a higher-than-expected profit for the third quarter and raising its fiscal year 2026 credit growth target.
Technical outlook
Anand James, Chief Market Strategist, Geojit Investments, noted &quot;While the anticipated gap filling down-move aiming 25440 did not fully materialize, the brief slippage below 25500 is suggestive towards loss in upside momentum. That said, the consistent close near 25700 through last week suggests that there is enough buying interest to achieve our rebound target of 26020. Alternatively, inability to float above 25830 may be taken as a weakening sign, but we will wait for a slippage below 25580 to abandon upside hopes entirely today.&quot;

(Copy will be updated shortly)

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

US AI stocks pull back, markets in risk on mode again. Can bulls take Nifty back to all time highs?

DIIs now hold more Nifty50 than FIIs for the first time, marking a shift, DII ownership in Nifty50 rose to 24.8 percent, surpassing FIIs at 24.3 percent, SIP inflows and pension funds boosted DII dominance in Indian equities.

* DIIs now hold more Nifty50 than FIIs for the first time, marking a shift
* DII ownership in Nifty50 rose to 24.8 percent, surpassing FIIs at 24.3 percent
* SIP inflows and pension funds boosted DII dominance in Indian equities.

Domestic institutional investors now hold more of India’s Nifty50 index than foreign investors for the first time, marking a structural shift driven by strong domestic inflows and persistent foreign selling amid global volatility and trade uncertainties.

shorts/business/diis-overtake-fiis-in-nifty50-ownership-for-the-first-time

* DIIs now hold more Nifty50 than FIIs for the first time, marking a shift
* DII ownership in Nifty50 rose to 24.8 percent, surpassing FIIs at 24.3 percent
* SIP inflows and pension funds boosted DII dominance in Indian equities.

Domestic institutional investors have overtaken foreign institutional investors in ownership of India’s benchmark Nifty50 index for the first time, signalling a structural shift in market participation amid persistent foreign selling driven by global trade uncertainties and heightened volatility.

As of the December 2025 quarter, DIIs held about 24.8 percent of the Nifty50, marginally higher than FIIs, whose ownership declined to around 24.3 percent, an eight-quarter low, according to data from Motilal Oswal Securities. While DIIs had earlier surpassed FIIs in overall equity ownership, they had continued to trail foreign investors within the Nifty50 index until now.

Naveen Vyas, Senior Vice President at Anand Rathi Global Finance, said the development represents a structural shift rather than a cyclical trend. He said the transition has been supported by strong incremental SIP inflows of Rs3.34 lakh crore in calendar year 2025, increased participation from pension funds in equities, and the launch of new asset management companies in India, all of which are strengthening the domestic institutional ecosystem.

In contrast, FIIs have been gradually reducing their exposure to Indian equities due to a weakening rupee and relatively more attractive return opportunities in other global markets. Over the past five years, the growing influence of DIIs has played a crucial role in supporting the market, enabling the Nifty to deliver absolute returns of around 72 to 75 percent despite cumulative FII selling of nearly Rs 9.96 lakh crore.

FII holdings in the Nifty50 declined by 90 basis points year-on-year and 20 basis points quarter-on-quarter, while DII ownership rose to an all-time high, increasing by 170 basis points year-on-year and 30 basis points sequentially. The divergence in positioning was broad-based, with FIIs reducing their holdings in nearly 78 percent of Nifty50 constituents during the quarter, while DIIs increased their stakes in about 82 percent of the index companies.

<img class="alignnone size-full wp-image-13817752" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260209021350_diii.jpeg" alt="diii" width="700" height="700" />

In value terms, assets under custody for DIIs stood at around $24.8 billion, edging past FII holdings of approximately $24.3 billion.

Ashwini Shami, President and Chief Portfolio Manager at OmniScience Capital, said DII dominance is largely sustainable, though not unconditional. He said that even during a market correction, domestic flows are likely to moderate rather than reverse, given the long-term nature of SIPs, EPFO, and insurance allocations.

At the stock level, DII ownership rose the most on a year-on-year basis, by more than four percentage points, in Eternal, Dr. Reddy's Laboratories, Asian Paints, Tech Mahindra, InterGlobe Aviation, Trent, Max Healthcare Institute, Shriram Finance, Axis Bank, Bajaj Auto, and Tata Consumer Products.

In contrast, FIIs increased their year-on-year holdings in select companies, including Bharti Airtel, Eicher Motors, Grasim Industries, Bharat Electronics, Bajaj Finserv, Bajaj Finance, Hindalco Industries, Maruti Suzuki India, Wipro, and InterGlobe Aviation.

Gaurav Bhandari, CEO of Monarch Networth Capital, said that while global risk aversion has temporarily reduced FII participation, the fact that DIIs are now dominant even in the most liquid and widely tracked index reflects a deepening of India’s domestic capital base rather than a short-term anomaly.

DIIs overtake FIIs in Nifty50 ownership for the first time

FIIs have been gradually reducing their exposure to Indian equities due to a weakening rupee and relatively more attractive return opportunities in other global markets.

Domestic institutional investors have overtaken foreign institutional investors in ownership of India’s benchmark Nifty50 index for the first time, signalling a structural shift in market participation amid persistent foreign selling driven by global trade uncertainties and heightened volatility.

As of the December 2025 quarter, DIIs held about 24.8 percent of the Nifty50, marginally higher than FIIs, whose ownership declined to around 24.3 percent, an eight-quarter low, according to data from Motilal Oswal Securities. While DIIs had earlier surpassed FIIs in overall equity ownership, they had continued to trail foreign investors within the Nifty50 index until now.

Naveen Vyas, Senior Vice President at Anand Rathi Global Finance, said the development represents a structural shift rather than a cyclical trend. He said the transition has been supported by strong incremental SIP inflows of Rs3.34 lakh crore in calendar year 2025, increased participation from pension funds in equities, and the launch of new asset management companies in India, all of which are strengthening the domestic institutional ecosystem.

In contrast, FIIs have been gradually reducing their exposure to Indian equities due to a weakening rupee and relatively more attractive return opportunities in other global markets. Over the past five years, the growing influence of DIIs has played a crucial role in supporting the market, enabling the Nifty to deliver absolute returns of around 72 to 75 percent despite cumulative FII selling of nearly Rs 9.96 lakh crore.

FII holdings in the Nifty50 declined by 90 basis points year-on-year and 20 basis points quarter-on-quarter, while DII ownership rose to an all-time high, increasing by 170 basis points year-on-year and 30 basis points sequentially. The divergence in positioning was broad-based, with FIIs reducing their holdings in nearly 78 percent of Nifty50 constituents during the quarter, while DIIs increased their stakes in about 82 percent of the index companies.



In value terms, assets under custody for DIIs stood at around $24.8 billion, edging past FII holdings of approximately $24.3 billion.

Ashwini Shami, President and Chief Portfolio Manager at OmniScience Capital, said DII dominance is largely sustainable, though not unconditional. He said that even during a market correction, domestic flows are likely to moderate rather than reverse, given the long-term nature of SIPs, EPFO, and insurance allocations.

At the stock level, DII ownership rose the most on a year-on-year basis, by more than four percentage points, in Eternal, Dr. Reddy's Laboratories, Asian Paints, Tech Mahindra, InterGlobe Aviation, Trent, Max Healthcare Institute, Shriram Finance, Axis Bank, Bajaj Auto, and Tata Consumer Products.

In contrast, FIIs increased their year-on-year holdings in select companies, including Bharti Airtel, Eicher Motors, Grasim Industries, Bharat Electronics, Bajaj Finserv, Bajaj Finance, Hindalco Industries, Maruti Suzuki India, Wipro, and InterGlobe Aviation.

Gaurav Bhandari, CEO of Monarch Networth Capital, said that while global risk aversion has temporarily reduced FII participation, the fact that DIIs are now dominant even in the most liquid and widely tracked index reflects a deepening of India’s domestic capital base rather than a short-term anomaly.

Benchmark indices Nifty 50 and Sensex are likely to see a gap-up opening in trade on February 9, as India and the U.S. secure their trade agreement.  Washington trimmed its tariff rate on Indian products from 50 percent to 18 percent.

The India-US trade pact has removed a key overhang, improved export visibility, and triggered a revival in foreign investor interest, noted experts.

At 7.20 am, the GIFT Nifty index was quoting 25,930, higher by 232.5 points or 0.90 percent in trade.

Among key stocks, auto ancillaries, textile firms, and fisheries will be in focus today, as they are set to see a significant boost.

Electronics exports remain largely unaffected, having benefited from exemptions even under prior tariff regimes. “Incremental beneficiaries from improved clarity include diamonds &amp; jewellery, textiles, machinery, chemicals and automobiles, where tariff reductions materially enhance competitiveness,” said JM Financial. Pharmaceuticals and aircraft components continue to enjoy near-zero duty access

Further, state-run financiers REC and PFC will be in focus, after the boards of the companies accorded in-principle approval for restructuring, in the form of a merger with each other, while ensuring that the merged entity remains a ‘Government Company’.

“Easing concerns over a potential US-Iran conflict, robust domestic institutional inflows, a stabilising rupee and sustained traction in Budget-led capex themes are adding to the positive momentum,” said Ponmudi R, CEO of Enrich Money.

On the technical front, Nifty’s immediate support is placed near 25,500, aligning with recent swing lows, while 25,800 acts as immediate resistance, coinciding with a heavy call-writing zone. A stronger resistance lies in the 25,900-26,000 band, marked by psychological significance and prior supply.

Overall, the sentiment has turned constructive, with markets now focusing on the durability of FII inflows and early signs of a recovery in export-oriented sectors.

Nifty, Sensex likely to see gap-up open following India-US trade deal announcement

The India-US trade pact has removed a key overhang, improved export visibility, and triggered a revival in foreign investor interest, noted experts.

Benchmark indices Nifty 50 and Sensex are likely to see a gap-up opening in trade on February 9, as India and the U.S. secure their trade agreement.  Washington trimmed its tariff rate on Indian products from 50 percent to 18 percent.

The India-US trade pact has removed a key overhang, improved export visibility, and triggered a revival in foreign investor interest, noted experts.

At 7.20 am, the GIFT Nifty index was quoting 25,930, higher by 232.5 points or 0.90 percent in trade.

Among key stocks, auto ancillaries, textile firms, and fisheries will be in focus today, as they are set to see a significant boost.

Electronics exports remain largely unaffected, having benefited from exemptions even under prior tariff regimes. “Incremental beneficiaries from improved clarity include diamonds &amp;amp; jewellery, textiles, machinery, chemicals and automobiles, where tariff reductions materially enhance competitiveness,” said JM Financial. Pharmaceuticals and aircraft components continue to enjoy near-zero duty access

Further, state-run financiers REC and PFC will be in focus, after the boards of the companies accorded in-principle approval for restructuring, in the form of a merger with each other, while ensuring that the merged entity remains a ‘Government Company’.

“Easing concerns over a potential US-Iran conflict, robust domestic institutional inflows, a stabilising rupee and sustained traction in Budget-led capex themes are adding to the positive momentum,” said Ponmudi R, CEO of Enrich Money.

On the technical front, Nifty’s immediate support is placed near 25,500, aligning with recent swing lows, while 25,800 acts as immediate resistance, coinciding with a heavy call-writing zone. A stronger resistance lies in the 25,900-26,000 band, marked by psychological significance and prior supply.

Overall, the sentiment has turned constructive, with markets now focusing on the durability of FII inflows and early signs of a recovery in export-oriented sectors.

Indian equity benchmarks Sensex and Nifty are expected to begin February 9 with gap-up, following gains in GIFT Nifty, which was trading around 25,940.50.

Track the latest updates on GIFT Nifty right here on Moneycontrol.

Indian equity indices erased part of the previous session’s losses in a volatile session on February 6, with the Nifty trading near 25,700 after the central bank’s policy decision came in line with expectations.

The Monetary Policy Committee (MPC) of the Reserve Bank of India decided unanimously to maintain status quo on the repo rate at 5.25% on February 6 and retained stance at neutral.

At close, the Sensex was up 266.47 points or 0.32 percent at 83,580.40, and the Nifty was up 50.90 points or 0.20 percent at 25,693.70.

For the week, BSE Sensex and Nifty added 1.5% each.

Here is how financial markets across the globe fared overnight:

GIFT Nifty (Up)

The GIFT Nifty is trading higher at around 25,940.50, indicating a strong start for the day.

Asian Equities (Gains)

Asian stocks rose at open as investors took cues from a Wall Street rally on Friday, following a volatile week driven by concern over valuation in technology stocks.



US Equities (Up)

The Dow Jones Industrial Average surged to close above the 50,000 mark for the first time on Friday, a historic moment for the blue-chip index that has outperformed its Wall Street peers this year as investors sought names beyond technology.

The index rose 1,206.95 points, or 2.47%, on Friday to finish at 50,115.67. The Dow is now up 4.3% for the year so far compared with a 1.3% gain for 2026 in the S&amp;amp;P 500 and a 0.9% decline for the year so far in the Nasdaq.



US Bond Yield (Up)

The yields on 10-year Treasury and 2-year Treasury up marginally in the early Monday trade.



Dollar Index (Flat)

The U.S. dollar index, which measures the greenback's strength against a basket of six currencies, was last flat at 97.54, at the start of a week that will see the release of several key data releases, including retail sales, inflation and Wednesday's delayed jobs report.



Asian Currencies (Up)

Except Indonesian Rupiah, South Korean Won, all other Asian currencies were trading higher in the early trade on Monday.



Crude (Slips)

Oil prices dropped more than 1% at Monday's open as concerns about a possible conflict in the Middle East between the U.S. and Iran eased after both countries finished a round of talks on Friday.



Gold (Gains)

Gold advanced above $ 5000 an ounce, as dip-buyers returned to the market after an exceptionally volatile week for precious metals.



Fund Flow Action

On February 6, foreign institutional investors (FIIs) bought equities worth ₹ 1950 crore. In contrast, domestic institutional investors (DIIs) sold equities worth over ₹1265 crore.



Hope you're all set for today's trade. We wish you a profitable day ahead.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Tick: Top global cues to watch in today’s trade

10 out of 18 years NIFTY 50 has given negative returns in February.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	25,767.80	25,841.90	25,979.85	25,629.85	25,555.75	25,417.80	25,343.70
Fibonacci	25,710.85	25,760.90	25,841.90	25,629.85	25,548.85	25,498.80	25,417.80
Camarilla	25,713.14	25,732.58	25,752.01	25,629.85	25,674.26	25,654.82	25,635.39

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