Nifty, Sensex Expected to Rise on Global Cues and Trade Deal Optimism
February 9, 2026
Markets are expected to open higher this week following strong global signals, said Sham Chandak, head of institutional equities at Elios Financial Services. US stocks climbed on Friday, with the Dow Jones rising 2.47%, crossing 50,000 for the first time. The S&P 500 and Nasdaq also jumped around 2%, led by a tech recovery.
Chandak noted that sectors like auto ancillaries, jewellery exporters, textile and apparel exporters, chemicals, pharmaceuticals, and API manufacturers are likely to gain due to trade deal announcements. However, "Indian Made Foreign Liquor (IMFL), breweries and auto manufacturers will likely not move higher," he added, citing possible competition after the deal. Investors are waiting to see the final agreement's details.
Previously, the Nifty and Sensex gained 1.5-1.6% in a busy trading week. Vipin Kumar, AVP at Globe Capital Market, said, "The joint statement is likely to act as the catalyst to trigger a breakout above the 25,500-25,850 range." He added that a sustained move above 25,850 could push the indices toward 26,150-26,200 soon.
Some experts urge caution. Siddarth Bhamre from Asit C Mehta said much of the trade deal's good news is already priced in. He pointed out that a clause allowing revisions if either side fails to comply creates uncertainty. "With no clear assurance that all provisions will be fully implemented, investors remain cautious," Bhamre explained.
JM Financial Institutional Securities called the agreement a "clear sentiment positive" for Indian equities, especially export sectors. But they noted that high market valuations mean foreign inflows might be slow instead of immediate.
Investors will closely watch market moves this week as final trade deal details emerge.
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Tags:
Stock market
Trade deal
Nifty
Sensex
Indian equities
Global cues
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