Market Brief: India Equities and Macros **Wednesday, February 11, 2026** The Indian equity benchmarks remained resilient today as the **Nifty 50** hovered near the psychological **26,000** mark. The index traded around **25,951**, up by approximately **19 points**. The **BSE Sensex** mirrored this steady performance, holding firm at **84,270**. This follows a three-session winning streak fueled by the revival of foreign inflows and optimism surrounding the **India-US trade agreement**. Key Market Indicators Foreign Portfolio Investors (FPIs) have returned as net buyers, injecting **$1.7 billion** into Indian equities so far in February. This shift ends a three-month selling streak and provides significant liquidity support to the domestic market. Domestic Institutional Investors (DIIs) continue to provide a floor to the market, recording net purchases of **1,174 crore** in recent sessions. Market volatility, measured by the **India VIX**, remains low, staying below the **12** level. Sector Performance and Stocks The **Auto** and **Healthcare** sectors are leading the current momentum. **Mahindra & Mahindra** rose **1.8%** on strong quarterly expectations, while **Tata Steel** gained **2.9%** amid a rally in metal stocks. **State Bank of India (SBI)** hit a historic all-time high of **1,153.85**, outperforming the broader market with a yearly return of over **58%**. Conversely, the **IT sector** faced pressure, with **HCL Tech** slipping **2%** and **TCS** down **0.9%**. Profit-booking was also visible in **Bajaj Finance** and **Bharti Airtel**. Commodities and Currencies Gold prices saw a minor correction today after a sharp rally. **24 Karat gold** is trading at **15,851 per gram**, down by **27**. **Silver** prices remain steady at approximately **2.60 lakh per kg**. In the energy segment, **Brent Crude** is hovering around **$67.50 per barrel**, reflecting a slight decline. The **Indian Rupee (INR)** has shown stability following the recent RBI policy, trading near **90.52** against the US Dollar. Economic Outlook The **Reserve Bank of India (RBI)** maintained the repo rate at **5.25%** in its February meeting, keeping a "Neutral" stance. The central bank raised its **GDP growth forecast** for **FY26** to **7.4%**, up from **7.3%**. **Retail inflation** is projected at **2.1%** for the current fiscal year, remaining well within the target band. Optimism is further bolstered by the **Indo-US trade deal**, which targets a total trade value of **$500 billion**, and a similar pact with the **European Union**.