Deep Dives

Post Market Analysis: Nifty Closing, Post Stock Market Review 9-2-2026

Post Market Analysis: Nifty Closing, Post Stock Market Review 9-2-2026

Post Market Pulse: The Day in Review 📊

Date: February 9, 2026

The Nifty 50 displayed a resilient and bullish session, reclaiming lost ground to close at 25,867.30 (+0.68%). The market extended its gains for the second straight session, buoyed by exceptional quarterly earnings from heavyweights and optimism surrounding the landmark India-US trade deal. Despite a brief dip in the morning, the index maintained a steady upward trajectory throughout the day, supported by a massive rally in PSU Banks and strong buying interest in the Realty and Consumer Durables sectors. India VIX rose slightly to 12.19, but remains at comfortable levels, indicating that the overall market sentiment remains constructive rather than panicked.

Index Performance Snapshot

Nifty 50

25,867.3 | +173.60 (+0.68%)

Intraday Analysis: The market opened with a significant gap-up, reflecting strong overnight sentiment. After an initial peak, the index saw a sharp dip toward the 25,780 level around 9:45 AM as early traders booked profits. However, this dip was quickly bought into, and the index spent most of the mid-session in a steady recovery phase, consistently forming higher lows. A final push in the last hour of trade saw the Nifty touch an intraday high near 25,922 before settling comfortably above the 25,850 mark.

Top Gainers (Nifty 50)

Rank

Stock Name

Sector

Daily Gain (%)

1

SBI

PSU Bank

+7.46%

2

Shriram Finance

NBFC

+6.00%

3

Grasim Inds

Cement/Diversified

+3.15%

4

Titan Company

Consumer Durables

+2.82%

5

Tata Steel

Metals

+2.51%

Top Losers (Nifty 50)

Rank

Stock Name

Sector

Daily Loss (%)

1

Max Healthcare

Healthcare

-2.87%

2

Power Grid Corpn

Power/Utilities

-1.02%

3

ITC

FMCG

-0.92%

4

ONGC

Oil & Gas

-0.87%

5

NTPC

Power

-0.86%

F&O Corner

OI Analysis

Near Resistance: 26,000 The 26,000 strike remains the primary "Iron Ceiling," boasting a massive Call Open Interest of 18.00Cr (Total Call OI), making it a formidable barrier for any immediate upside.

Near Support: 25,800 The 25,800 strike holds significant Put Open Interest, providing a cushion. The total Put OI stands at 17.02Cr, indicating a protective base for the current expiry.

PCR Analysis

1.04

The Put-Call Ratio (PCR) is currently at 1.04. While a PCR above 1 generally signals a buildup of put options relative to calls, in the current context of a rising market, it suggests a neutral to slightly bullish outlook.

Max Pain

The Max Pain Strike is currently pegged at 25,800.00. With the market closing at 25,867, the index is trading slightly above the point of maximum pain for option sellers, suggesting potential for a slight consolidation toward this mean in the short term.

India VIX

Current Level: 12.19 | +0.25 (+2.09%)

Interpretation: Despite the index closing in the red, the "Fear Gauge" continued its cooling trend. Settling at 12.16, the VIX suggests that market participants are not pricing in an immediate crash or extreme volatility, likely viewing today’s move as a standard consolidation rather than the start of a deep rout.

Major Market Drivers

SBI Earnings Powerhouse: State Bank of India surged over 7% after reporting its highest-ever quarterly profit, triggering strong momentum in the PSU banking segment.

Trade Deal Tailwinds: Optimism around the India-US trade framework supported export-oriented sectors, including Metals and Consumer Durables.

Broad-Based Participation: 15 out of 16 major sectors ended in the green. Midcap and Smallcap indices also outperformed, signaling strong risk appetite.

Daily Market Analysis – What Indian Stock Market Today Indicates

This daily market update reflects:

  • Strong bullish continuation
  • Broad-based sector participation
  • PSU bank-led momentum
  • Stable volatility environment

The Indian stock market today showed resilience by defending intraday dips and closing near session highs.

Daily Market Technical Summary

Indicator

Observation

Bias

Closing Level

Above 25,850

Bullish

Intraday Trend

Higher Lows

Positive

Resistance

26,000

Key Breakout Zone

Support

25,800

Strong Base

PCR

1.04

Neutral-Bullish

VIX

Stable

Low Risk

Final Daily Market Outlook

This daily market update confirms continued bullish momentum in the Indian stock market today. With strong earnings, sectoral participation, and stable volatility, the broader structure remains constructive.

Sustaining above 25,800 will be crucial for a potential breakout above the psychological 26,000 barrier.

FAQs 

1. What happened in the daily market today?

The daily market closed higher, with Nifty gaining 0.68%, supported by strong PSU bank earnings and trade deal optimism.

2. Why did SBI rally today?

SBI surged after reporting record quarterly profits, boosting investor confidence across PSU banks.

3. What does PCR of 1.04 indicate in today’s daily market?

A PCR above 1 suggests slightly bullish sentiment, as put writers are more active relative to call writers.

4. Is the Indian stock market today bullish?

Yes, the market structure is bullish as long as Nifty sustains above 25,800.

5. What is the key level to watch next?

The 26,000 level remains the key breakout resistance in the current daily market setup.

Disclaimer: This report is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before making any investment decisions.

Happy Trading!

The Firstock Team

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