Market Pulse: Sensex Reclaims 84,000 Mark Indian equity benchmarks surged on Monday, February 9, 2026, as investor sentiment turned decisively bullish. The **BSE Sensex** jumped **485.35 points**, or **0.58%**, to close at **84,065.75**. This rally was mirrored by the **NSE Nifty 50**, which advanced **173.60 points** to settle at **25,867.30**. The market's upward trajectory was primarily fueled by optimism surrounding a fresh **India-US trade agreement**, which has spurred expectations of increased foreign capital inflows. Additionally, strong third-quarter corporate earnings and positive global cues provided the necessary momentum for a broad-based recovery. Banking and Metal Heavyweights Lead **State Bank of India (SBI)** emerged as the star performer, with its share price surging **7.63%** to reach a new 52-week high of **₹1,147.80**. The rally followed a stellar Q3 report showing a **24.5%** jump in standalone net profit to **₹21,028 crore**. **Tata Steel** also witnessed significant buying interest, hitting a 52-week high of **₹206.40**. The stock rose after the company reported a massive **723%** surge in consolidated net profit, reaching **₹2,689 crore**. Broader Market Performance The rally extended beyond large-cap stocks, with the broader market significantly outperforming the frontline indices. The **Nifty Smallcap 100** jumped **2.64%**, while the **Nifty Midcap 100** gained **1.58%**. Within the **BSE 100**, six stocks touched fresh 52-week highs, including **Shriram Finance**, **Adani Ports**, and **JSW Steel**. This collective momentum pushed the total market capitalization of NSE-listed companies to approximately **₹471.43 lakh crore**. Sectoral Highlights and Trends * **PSU Banks:** The sector led the charts with a **3.34%** gain, driven by SBI’s robust earnings. * **Consumer Durables:** Seen as a "risk-on" play, the index climbed **3.60%** as investors anticipated a demand revival. * **Media and Realty:** Both sectors saw strong interest, rising **4.37%** and **2.61%** respectively. * **Laggards:** The IT sector remained flat, while **Max Healthcare** and **NTPC** saw mild profit-booking, sliding **2.82%** and **1.05%**. Economic Backdrop Market confidence is further supported by **Moody’s** recent projection of a **6.4% GDP growth** for India in FY27, positioning it as the fastest-growing G20 nation. With the **India VIX** settling at **12.19**, volatility remains relatively contained, encouraging an "accumulation" strategy among domestic and foreign institutional investors.