**Rupee Market Update: February 10, 2026** The Indian rupee showed resilience on Tuesday, paring its initial losses to settle on a positive note. The currency closed **9 paise higher** at **90.57** (provisional) against the US dollar, recovering from an early session low of **90.77**. **Key Market Drivers** Strong cues from domestic equity markets provided essential support to the local unit. This recovery was further bolstered by a general softening of the American currency in overseas markets as global investors await critical US economic data. A landmark event impacting sentiment is the recently signed **India-US interim trade agreement**. This framework aims to reduce tariffs and has unlocked significant export potential, with India committing to purchase roughly **$500 billion** in US goods over the next five years. **Equity and Capital Flows** Indian benchmark indices extended their winning streak for a third consecutive session. The **BSE Sensex** climbed **208.17 points** to close at **84,273.92**, while the **NSE Nifty 50** rose **67.85 points** to finish at **25,935.15**. Foreign Institutional Investors (FIIs) have transitioned into net buyers this month. Exchange data showed FIIs purchased equities worth approximately **₹2,254.64 crore** in the previous session, a trend that continues to stabilize the rupee against global volatility. **Global Indicators** * **US Dollar Index:** Currently hovering near **96.95**, reflecting a move toward one-week lows amid reports of global shifts in bond exposure. * **Brent Crude:** Global oil prices eased slightly by **0.28%** to **$68.85 per barrel**, providing relief for India's import bill. * **Reserve Bank of India:** The repo rate remains steady at **5.25%**, with the central bank expected to intervene to absorb excess inflows and prevent sharp appreciation. **Outlook and Technical Levels** Market analysts identify a strong support zone for the rupee between **90.00** and **90.20**. While the trade deal offers long-term optimism, short-term caution remains as traders look toward upcoming US inflation figures and employment reports for further direction. Investor sentiment is also buoyed by **Moody's** latest projections, which estimate India's real GDP growth at **6.4%** for the upcoming fiscal year, maintaining its status as one of the fastest-growing G-20 economies.