Welcome to our today’s edition of the Market Daily for 10th February,2026 where we take a look at the key headlines from the Financial Markets across the globe that drew attention including Moody’s GDP growth estimates for the Indian economy and the Bitcoin plunge, among others.
Alongside, we take a look at the performance of the Indian Equity Market Indices for the day- both broader and sector-wise, as well as the institutional trading activity. Plus, we also take a brief look at the daily Market stats and Turnover data from the exchange, with a look at the Wall Street.
So, stick around and read through..
THE MARKET DAILY WRAP
The Indian Equity Markets extended their gains further for the third straight session on Tuesday, after opening on a positive note following positive global cues, and firm trends in Asian Markets. The FIIs have become net buyers from a few sessions in the Indian Equities post India-US trade agreement, while lower crude prices also boosted the investor sentiment. Though some of the gains were trimmed later into the afternoon session after the investors booked profits in select FMCG, pharma and PSU bank stocks.
Market breadth was positive as about 2406 shares advanced, 1146 shares declined and 151 shares unchanged. On the currency front, the rupee depreciated 11 paise to 90.77 against the US dollar on Tuesday, reflecting cautious sentiment in the currency market following the India-US interim trade framework.
A look at the Market Daily stats for the day..
Finance Flashcards Newsroom
TOP HEADLINES
Bitwise CIO cites ‘the four-year cycle’ behind historic Bitcoin plunge
A multi-billion dollar crypto asset manager cited several reasons for the bitcoin plunge, but the prime reason for the losses is ‘the four-year cycle’. Matt Hougan, chief investment officer at Bitwise Asset Management, said this phenomenon has happened three other times in the crypto market, while further contending that investors have recently been favoring other hot investments including gold & artificial intelligence stocks too over cryptocurrencies.
As per a report in CNBC, Hougan asserted quantum risk, along with fear over Kevin Warsh’s nomination as the Federal Reserve chair have been weighing down the crypto markets, with these factors further amplifying in the bear markets. Though he further said that weakness in crypto should not disrupt the rise of exchange-traded funds specializing in crypto.
(FYI: Bitcoin hit a record high of $126,279 in October)
Moody’s projects India’s GDP to grow at 6.4% in FY27, fastest in G20 economies
Moody’s Ratings on Monday projected India’s GDP to grow at 6.4 per cent in the next fiscal, the fastest pace among G-20 economies, driven by strong domestic consumption, policy measures, and a stable banking system. The Moody’s banking system outlook reports their asset quality will remain resilient, with some stress among micro, small and medium enterprises (MSMEs). Further, the operating environment for banks will remain strong in 2026, supported by robust macroeconomic conditions and structural reforms.
According to a report in Moneycontrol, the FY’27 GDP growth estimates by Moody’s are lower than the 6.8-7.2 per cent range projected by the Finance Ministry’s Economic Survey tabled in Parliament last month (reported in our 29th January Market Wrap Edition). With inflation under control along with sustained economic growth, Moody’s expect further easing by the RBI in fiscal 2026-27 only if there are signs of a slowdown in economic activity.
EQUITY MARKET DAILY
INDIAN INDICES
GLOBAL MARKETS
INDIAN MARKETS TODAY
Indices- Benchmark & Broader
At close on Tuesday, the Sensex was up 208.17 points or 0.25 percent at 84,273.92, and the Nifty was up 67.85 points or 0.26 percent at 25,935.15. During the session, the 30-share BSE Sensex jumped 417.2 points (~0.49%) to hit an intraday high of 84482.95 while the 50-share NSE Nifty also appreciated 122.15 points to hit a high of 25989.45 before investors booked profits later in the session.
Broader markets outperformed the benchmarks, with the Nifty Midcap index rising 0.5 percent and the Smallcap index gaining 0.4 percent.
Sectoral and Stock Movement
On the sectoral front, all the major indices witnessed a positive momentum and ended in green barring Pharma, Bank and PSU Bank, with media rising 2% while the auto index gained 1%.
The top gainers on the Nifty included Eternal, Tata Steel, Bajaj Auto, ONGC and M&M, while the laggards were Shriram Finance, HCL Tech, Dr Reddy’s Labs, Bajaj Finance and Bharti Airtel. More than 100 stocks touched their 52 week-highs including Force Motors, Tata Steel, JSW Steel, SBI, among others.
Institutional Trading Activity & Market Turnover
On February 10, the foreign institutions (FIIs/FPIs) stood net buyers of the Indian equities worth Rs 69 crore while the domestic investors (DIIs) pumped in around Rs 1174 crore worth of equities, according to provisional data from the exchange.
Here’s a look at the Market Daily Turnover data from the exchange..
That’s all in this edition of the Market Daily Wrap. Till next time..
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