Market Brief: Indian Equities Surge on Global Optimism Indian benchmark indices opened with strong gains this Monday, February 9, 2026. The **Sensex surged 600 points** to reach **84,177**, while the **Nifty 50 climbed 200 points** to trade at **25,888**. Both indices marked an initial rise of **0.7%**, driven by a wave of positive global sentiment and historic trade developments. Investor confidence was significantly bolstered by the announcement of an interim **India-US trade deal framework**. Under this pact, the United States will reduce tariffs on key Indian exports—including textiles, apparel, leather, and footwear—to **18%**. In exchange, India has committed to trimming or eliminating duties on US industrial goods and various agricultural products. Global cues provided a supportive backdrop as major international indices rallied. In the US, the **Dow Jones surged 2.5%** to set a fresh historic high above **50,000**, while the **S&P 500 and Nasdaq gained 1.9% and 2.1%** respectively. Asian markets followed suit, with Japan’s **Nikkei 225 jumping over 4%** in early trade. Domestic sectoral performance was led by **PSU Banks**, with the sector seeing gains of up to **3.4%**. **State Bank of India (SBI)** was a standout performer, surging **6%** after reporting a record quarterly profit of **₹21,028 crore**. The **Metal sector** also tracked higher, rising by **1%** amid firm global commodity prices. In the currency market, the **Indian rupee** saw a slight dip of 2 paise, trading at **90.67 against the US dollar**. Meanwhile, crude oil prices remained a key monitorable for traders, hovering between **$68 and $70 per barrel** due to ongoing geopolitical tensions. Market participants are now focusing on a heavy line-up of corporate earnings scheduled for today. Major firms including **BSE Ltd, Zydus Lifesciences, and Aurobindo Pharma** are set to release their December quarter results, which could dictate the momentum for the remainder of the session.