{"id":1600,"date":"2026-02-09T22:47:58","date_gmt":"2026-02-09T17:17:58","guid":{"rendered":"https:\/\/newsaxis.com\/?p=1600"},"modified":"2026-02-09T22:47:58","modified_gmt":"2026-02-09T17:17:58","slug":"sensex-nifty-post-strong-gains-amid-positive-cues-on-india-us-trade-deal","status":"publish","type":"post","link":"https:\/\/newsaxis.com\/?p=1600","title":{"rendered":"Sensex, Nifty post strong gains amid positive cues on India-US trade deal"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"400\" data-id=\"1601\" src=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/02\/sensex-1-1.jpg\" alt=\"\" class=\"wp-image-1601\" srcset=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/02\/sensex-1-1.jpg 273w, https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/02\/sensex-1-1-205x300.jpg 205w\" sizes=\"auto, (max-width: 273px) 100vw, 273px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Mumbai, The Indian equity markets posted strong gains on Monday for the second consecutive session, buoyed by the announcement of an interim framework for the India\u2013US trade deal.<\/p>\n\n\n\n<p>At the closing bell, the Sensex gained 485 points, or 0.58 per cent, to settle at 84,065. The Nifty surged 173 points, or 0.68 per cent, to close at 25,867.<\/p>\n\n\n\n<p>The broader markets posted stronger gains than benchmark indices, as Nifty Midcap 100 index added 1.58 per cent, while the NSE Smallcap 100 surged 2.64 per cent.<\/p>\n\n\n\n<p>Supportive cues from broader Asian markets also helped sustain the positive momentum through the session.<\/p>\n\n\n\n<p>Buying interest was visible in PSU banks, consumer durables, realty, defence, pharma and auto stocks, while IT stocks showed mixed trends amid ongoing assessment of global technology developments.<\/p>\n\n\n\n<p>All sectoral indices traded with gains. Nifty Media surged 4.37 per cent &#8212; the biggest gainer &#8212; while Nifty Consumer Durables climbed 3.60 per cent. Nifty PSU Bank rose 3.34 per cent, Nifty Realty gained 2.61 per cent and Nifty Metal added 1.56 per cent.<\/p>\n\n\n\n<p>Analysts said participation remained selective after the strong initial uptick, as investors refrained from aggressive positioning ahead of key global and domestic macro cues.<\/p>\n\n\n\n<p>Overall, the market appears to be in a phase of gradual recovery and consolidation, with the near-term direction likely to be driven by global macro developments, currency movements and the sustainability of risk-on sentiment reflected in foreign fund flows, they added.<\/p>\n\n\n\n<p>The Indian rupee surged 0.12 per cent against the dollar to 90.68 per dollar on Monday.<\/p>\n\n\n\n<p>Immediate support lies at 25,550\u201325,600, followed by a stronger demand area near 25,450\u201325,500, market watchers said.<\/p>\n\n\n\n<p>Bank Nifty is currently consolidating around the 60,500\u201360,700 zone, reflecting healthy digestion of recent gains rather than distribution, they added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, The Indian equity markets posted strong gains on Monday for the second consecutive session, buoyed by the announcement of an interim framework for the India\u2013US trade deal. At the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,20],"tags":[],"class_list":["post-1600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-display","has_thumb"],"_links":{"self":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1600"}],"version-history":[{"count":1,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1600\/revisions"}],"predecessor-version":[{"id":1602,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1600\/revisions\/1602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/media\/1601"}],"wp:attachment":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}