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Markets come off day’s high during late afternoon deals
Feb-10-2026

Indian equity markets have come off the day’s high level in late afternoon session as traders opted cash in on recent gains made by the markets. Besides, weekly expiry of NIFTY’s F&O contracts kept the markets range bound. Still, markets continued to trade above the unchanged lines supported by gains in Auto and Metal stocks. Sentiments also remained upbeat as reports showed Commerce and Industry Minister Piyush Goyal will hold a meeting with representatives of export promotion councils and industry associations on February 11. The meeting assumes significance as India and the US have finalised a framework for signing the first phase of the bilateral trade agreement. 

On the global front, European equity markets were trading mostly in green as investors digested mixed earnings updates and looked ahead to the release of key U.S. retail sales, inflation and jobs data this week for clues on the Federal Reserve's rate trajectory. Asian equity markets were trading mostly in green with post-election optimism in Japan and a strong rebound in the technology sector helping underpin regional sentiment. 

The BSE Sensex is currently trading at 84257.31, up by 191.56 points or 0.23% after trading in a range of 84063.47 and 84482.95. There were 18 stocks advancing against 12 stocks declining on the index.

The top gaining sectoral indices on the BSE were Auto up by 1.29%, Consumer Discretionary up by 1.11%, Metal up by 0.72%, Utilities up by 0.61% and Industrials up by 0.52%, while Consumer Durables down by 0.33%, Capital Goods down by 0.27%, Bankex down by 0.13%, TECK down by 0.07% and Energy down by 0.02% were the top losing indices on BSE.

The top gainers on the Sensex were Eternal up by 5.76%, Tata Steel up by 2.50%, Mahindra & Mahindra up by 1.59%, NTPC up by 1.58% and Power Grid Corporation up by 1.50%. On the flip side, HCL Technologies down by 1.44%, Bajaj Finance down by 1.43%, Bharti Airtel down by 1.39%, Asian Paints down by 1.01% and Adani Ports & SEZ down by 0.49% were the top losers.

Meanwhile, credit rating agency, India Ratings and Research (Ind-Ra) in its latest report has assessed the Union Budget 2026-27 as supportive of the education sector, citing increased budgetary allocation and policy measures focused on creativity, technology adoption and research in higher education. 

In a report titled ‘FY27 Education Budget: Spotlight on Employment, Upskilling, and Allied Healthcare & Medical Education’, Ind-Ra said that these steps are expected to support upskilling, employability and achievement of higher overall academic standards in the near-to-medium term.

The rating agency further noted that a higher budgetary allocation for the school and higher education sector in FY27 than FY26 revised estimate (RE), will facilitate the expansion of infrastructure in educational institutions, improve the quality of schooling and enhance access to creative programs in designing and animation, visual effects, gaming and comics (AVGC) sector, and advanced and digital-based learning.

Meanwhile, for higher education, the overall budget allocation in FY 2026-27 is Rs 55727.22 crore out of which scheme allocation is Rs 10142.40 crore and non-Scheme allocation is Rs 45584.82 crore. Besides, the budget allocation for the FY 2026-27 of Rs 83562 crore is the highest ever for the Department of School Education & Literacy.

The CNX Nifty is currently trading at 25924.15, up by 56.85 points or 0.22% after trading in a range of 25870.45 and 25989.45. There were 30 stocks advancing against 20 stocks declining on the index.

The top gainers on Nifty were Eternal up by 5.54%, Tata Steel up by 2.32%, Bajaj Auto up by 2.06%, Mahindra & Mahindra up by 1.67% and Power Grid Corporation up by 1.50%. On the flip side, Shriram Finance down by 1.83%, HCL Technologies down by 1.47%, Bajaj Finance down by 1.43%, Tata Consumer Products down by 1.37% and Dr. Reddy's Laboratories down by 1.33% were the top losers.

Asian equity markets were trading mostly in green; Nikkei 225 surged 1356.06 points or 2.35% to 57,720.00, Taiwan Weighted added 668.35 points or 2.02% to 33,072.97, Hang Seng advanced 121.84 points or 0.45% to 27,149.00, KOSPI increased 3.65 points or 0.07% to 5,301.69, Shanghai Composite strengthened 5.28 points or 0.13% to 4,128.37 and Jakarta Composite gained 84.43 points or 1.04% to 8,116.30, while Straits Times fell 3.6 points or 0.07% to 4,957.23.

European equity markets were trading mostly in green; France’s CAC rose 27.92 points or 0.33% to 8,351.20 and Germany’s DAX gained 56.03 points or 0.22% to 25,070.90, while UK’s FTSE 100 decreased 41.68 points or 0.4% to 10,344.55.
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