February 10, 2026 (opening): Indian Equities Edge Higher as Autos and Metals Lead; Financials Weigh on the Tape

Indian benchmarks traded with a positive bias on February 10, 2026, with the NIFTY 50 hovering near record territory and posting modest gains amid mixed sectoral cues. The headline index settled around 25,959.65, up 0.36%, after oscillating between 25,870.45 (day’s low) and 25,978.90 (day’s high). While autos and metals attracted steady buying, select financials and large-cap defensives saw profit-taking, keeping the broader market range-bound.

Also Read: 9 February 2026: NIFTY 50 Ends Near Day’s High at 25,867 as SBI, Shriram Finance Lead; Defensive & Energy Stocks Lag

Benchmarks Hold Firm Near Highs

The NIFTY 50 opened close to 25,922.65 and spent most of the session consolidating above the 25,900 mark, reflecting cautious optimism among investors. Sectoral peers showed a similar tone:

• NIFTY Bank remained stable around 60,746.60, marginally higher on the day.

• NIFTY Fin Service inched up to 28,182.15, indicating selective participation within the financial space.

• NIFTY Next 50 was largely flat near 69,770.55, pointing to subdued broader-market momentum.

Market breadth suggested rotation rather than a one-way rally, with stock-specific triggers driving intraday moves.

Gainers: Autos and Metals in the Spotlight

Cyclical names dominated the gainers’ list, supported by expectations of steady demand and firm commodity prices.

• ETERNAL climbed to ₹300.95, gaining 4.19%, backed by strong volumes, making it the session’s top performer.

• Tata Steel advanced 3.27% to ₹208.61, as metals continued to benefit from resilient price trends.

• Bajaj Auto rose 1.83% to ₹9,765.50, while Maruti Suzuki added 1.78% to ₹15,245, reflecting sustained interest in auto majors.

• Mahindra & Mahindra gained 1.77% to ₹3,673.40, extending recent momentum in the auto and tractor segments.

The buying pattern indicated investor preference for cyclicals and consumption-linked stocks, especially those with strong volume participation.

Losers: Financials and Select Defensives Under Pressure

On the downside, profit-taking was visible in parts of the financial and infrastructure space:

• Shriram Finance slipped 1.84% to ₹1,043.10.

• Bajaj Finance declined 1.82% to ₹965.25, emerging as one of the key drags on the index.

• Adani Enterprises fell 1.78% to ₹2,210, while Adani Ports eased 1.01% to ₹1,546.

• Dr Reddy’s Laboratories shed 1.03% to ₹1,262.40, reflecting mild selling in defensives.

The weakness in heavyweight financials capped the upside for the benchmarks, despite strength in autos and metals.

Market View: Consolidation with a Positive Bias

With the NIFTY 50 trading just shy of its intraday highs, the session underscored a consolidation phase after the recent rally. Investors appear to be rotating within sectors—booking profits in financials while selectively accumulating cyclical and consumption plays. Volumes in key gainers suggest that dips are being bought, but the lack of broad-based participation hints at a cautious near-term outlook.

Conclusion: February 10, 2026

The Indian equity market ended the session on a steady note, with the NIFTY 50 holding above the 25,900 mark and autos and metals leading the charge. However, continued pressure in select financial heavyweights kept gains in check. Going forward, market participants are likely to watch for sectoral cues and stock-specific triggers to determine whether the index can sustain its move toward new highs or remain in consolidation mode.