Mumbai, Feb 11, 2026: Indian equity markets are poised for a firm opening on Wednesday, supported by steady domestic momentum despite mixed global cues. Gift Nifty traded near 26,058, indicating a positive start for benchmark indices.
The broader market trend remains constructive. In the previous session, the Sensex gained 208 points to close at 84,273, while the Nifty 50 rose 67 points to settle at 25,935, marking the third consecutive session of gains.
Technical indicators suggest a cautiously bullish setup:
Sensex: Immediate resistance stands at 84,500; a breakout above this level could push the index toward 84,800–85,000. Key support is placed near 84,100, with deeper support around 83,700–83,500.
Nifty 50: Resistance is seen at 26,000; a decisive move above this level may open upside toward 26,350. Immediate support is positioned at 25,800, while the 50-DMA near 25,790 remains a crucial cushion.
Bank Nifty: The index faces a near-term hurdle at 61,000, while strong support lies in the 60,100–60,000 zone.
Derivatives data continues to favour a buy-on-dips approach, with notable put writing around the 25,900 strike indicating support, and call writing at 26,000 suggesting a near-term trading range until a decisive breakout emerges.
Stocks in Focus
BHEL, Tata Motors, Ather, L&T Finance, Aditya Birla Capital, IRCTC, Alok Industries, Sarvottam Fin, Regaal Resources and Yash Trading remain on investors’ radar due to corporate developments and sector-specific triggers.
Global Cues
Global markets remain mixed, with US equities under pressure amid AI-driven disruption concerns, while Asian markets show selective strength. Meanwhile, strong inflows into gold and silver ETFs reflect cautious investor positioning amid ongoing market volatility.
