
As of Monday, 09 February 2026 at 08:48 AM IST, GIFT Nifty was trading sharply higher, indicating a gap-up opening for the Indian stock market. The index was last seen at 25,928.0, up +230.5 points (+0.90%), with the last trade recorded at 08:47 AM, while markets were open.
This early strength comes amid a strong rally across major global equity indices, boosting risk sentiment and improving cues for NSE and BSE traders.
GIFT Nifty (earlier SGX Nifty) remains one of the most watched global indicators for Indian markets. Since it trades outside Indian market hours, it often provides a strong hint about the opening trend on Nifty 50 and Sensex.
With GIFT Nifty up nearly 1%, traders may expect a strong start in Bank Nifty and momentum buying in largecap stocks.
Asian and US markets closed with strong gains, supporting bullish sentiment for Indian equities.
Here’s how key global indices performed:
The standout move was in Japan’s Nikkei, which surged over 4%, reinforcing strong risk-on sentiment across Asia.
Indian equities ended last week on a positive note with the NIFTY50 settling at 25,693, up 1.4%. The SENSEX also closed higher at 83,580, gaining 1.5% for the week. NIFTY Midcap 150 rose 2% to 21,926, while the Smallcap 250 edged up 0.6% to 15,864.
The RBI MPC kept interest rates unchanged at 2.52%, in line with market expectations, supporting sentiment. Sector-wise, the rally was led by Real Estate (+7.7%), Energy (+7.0%), and Oil & Gas (+6.4%), while IT (-6.9%) remained the biggest laggard, with Defence (-0.1%) also ending slightly lower.
Read more: Best PSU Stocks in India in February 2026: SBI, SAIL, and More Based on 5Y CAGR!
The GIFT Nifty jump to 25,928 (+0.90%) suggests Indian markets may open higher on Monday. With US indices up nearly 2% and Nikkei surging over 4%, global sentiment is strongly positive.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Feb 9, 2026, 8:59 AM IST

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