The Indian equity markets continue to exhibit a strong bullish undertone as of February 10, 2026. Domestic benchmarks have sustained gains following a historic rally triggered by the recent India-US trade deal. This optimism has effectively countered the volatility seen earlier in the month, pushing key indices toward new milestones. The Nifty 50 is currently trading near the **25,922** level, maintaining a firm trajectory toward the psychological mark of **26,000**. On the BSE, the Sensex has held onto gains around **84,314**. Investor confidence is bolstered by a significant shift in foreign institutional activity. After offloading roughly **₹35,962 crore** in January, foreign portfolio investors have turned net buyers, injecting **₹8,980 crore** over the last four sessions. Sectoral performance is largely dominated by banking and financial services. High-weightage stocks like State Bank of India have reached record highs following robust quarterly earnings. The private banking sector remains a primary driver of the rally, supported by steady credit growth and stable asset quality. The auto and manufacturing sectors are also seeing buying interest, fueled by optimism over lowered tariffs and reshaped energy ties under the new trade framework. On the macroeconomic front, India remains the fastest-growing major economy. Real GDP is projected to grow at **6.4%** for the 2026-27 fiscal year. Domestic consumption continues to be the primary engine of this growth, aided by the rationalization of GST and adjusted income tax thresholds. Inflation remains within a manageable range, allowing the Reserve Bank of India to maintain a supportive monetary stance. Global cues are providing a stable backdrop for domestic equities. The US 10-year Treasury yield is currently hovering around **4.20%**, reflecting a slight easing of concerns regarding long-term inflation. Meanwhile, commodity markets have seen some cooling. Brent crude oil prices are trading near **$68.98** per barrel, down from previous peaks as geopolitical premiums ease due to diplomatic progress in the Middle East. Liquidity in the domestic market remains robust. Consistent inflows from Systematic Investment Plans (SIPs) continue to act as a critical shock absorber against global fluctuations. Domestic institutional investors have remained steady buyers, providing a floor for the market during periods of consolidation. The primary focus for the week remains the remainder of the corporate earnings season. Mid-cap and small-cap stocks are outperforming the broader market, with the mid-cap index gaining **0.9%** and small-caps rising **1.3%** in recent sessions. Market participants are closely watching resistance levels at **26,050** for the Nifty, while downside support is firmly established at **25,750**.