GIFT Nifty Indicates Positive Opening; China’s Consumer Inflation Rises 0.2% in Jan 26
The GIFT Nifty February 2026 futures indicate a positive opening for the Nifty 50 today, jumping 20.50 points. This uplift suggests optimism in the Indian equity market as foreign and domestic institutional investors significantly increased their purchases.
Institutional Investor Activity
On February 10, 2026, foreign portfolio investors (FPIs) bought shares worth ₹69.45 crore. Domestic institutional investors (DIIs) were net buyers with a total of ₹1,174.21 crore. Overall, FPIs purchased ₹4,969.62 crore worth of shares in February so far.
- January 2026 cash sales by FIIs totaled ₹38,740.12 crore.
- December 2025 sales reached ₹34,349.62 crore.
Global Market Trends
Asian markets experienced a generally positive day on Wednesday, fueled by resilience despite fears surrounding artificial intelligence and lackluster economic data from the U.S. The U.S. retail sales for December were flat, failing to meet the anticipated 0.4% increase.
In China, the consumer price index (CPI) rose by a mere 0.2% in January year-on-year, according to data from the National Bureau of Statistics. This figure fell short of expectations, indicating persistent deflationary pressures.
Market Reactions in the U.S.
Following the disappointing retail sales report, the U.S. market faced a downturn. The S&P 500 index dipped by 0.33% to close at 6,941.81, while the Nasdaq Composite fell 0.59%, finishing at 23,102.47. Conversely, the Dow Jones Industrial Average rose slightly by 52.27 points or 0.10%, achieving a record closing of 50,188.14.
Concerns about financial companies grew after Altruist unveiled an AI-powered tax planning tool. Key financial stocks felt the impact, with LPL Financial shares dropping 8.3%, Charles Schwab down 7.4%, and Morgan Stanley declining over 2%.
Market participants are closely watching upcoming economic indicators, including a significant jobs report and consumer price index data due on Friday.
Domestic Market Overview
The Indian equity benchmarks enjoyed moderate gains, marking their third consecutive day of positive performance. Bullish sentiment was supported by institutional buying, favorable global signals, and optimism surrounding the interim trade deal between India and the U.S.
- The Nifty index concluded above the 25,900 mark, primarily driven by strength in the auto sector.
- During the session, the Nifty faced challenges in maintaining higher levels, showing resistance near the 26,000 point threshold.
- The S&P BSE Sensex rose by 208.17 points, reflecting a 0.25% increase, concluding at 84,273.92.
- The Nifty 50 rallied by 67.85 points, a 0.26% gain, finishing at 25,935.15.
Over the last three trading sessions, the Sensex and Nifty have gained 1.15% and 1.14%, respectively, underscoring a period of positive momentum in the markets.