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Daily Market Update
11-Feb-20261 min readvipin kumar

MSCI Rejig: AB Capital, L&T Finance added in Global Standard Index; IRCTC removed in February review- Daily Market Update 11th Feb 2026

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Aditya Birla Capital Ltd and L&T Finance Ltd. have been added to the MSCI Global Standard Index as part of MSCI’s February 2026 review, while IRCTC has been removed, MSCI announced the revisions early Wednesday. Meanwhile, AU Small Finance Bank will see a weight increase in the index due to a float adjustment, MSCI said. The changes will come into effect on Feb. 27.

Overview and Outlook

Global Stock Market Today

  • US equity markets, barring Dow Jones, settled on a negative note.
  • European equity markets ended on a flat to negative note.
  • Asian equity markets are trading in green.
  • GIFT Nifty is up by 100 points, Nifty futures likely to open around 26050 levels.

 

News highlights from across the globe

  • The S&P 500 and the Nasdaq closed lower on Tuesday while the Dow edged up to its third record close in a row, as investors digested disappointing retail sales figures and waited for a key labor market report.
  • Asian stocks are trading higher on Wednesday as investors awaiting key US employment data. Softer US retail‑sales figures earlier had strengthened expectations that the Federal Reserve may trim interest rates later in the year.
  • Oil prices also advanced, driven by geopolitical tensions in the Middle East — particularly developments involving Iran — which overshadowed US industry data indicating a significant build in crude inventories. West Texas Intermediate climbed past $64 a barrel.

 

Important news updates from the domestic front

  • Eicher Motors ( Cons, YoY) revenue up 22.94% at Rs 6114.04 crore versus Rs 4973.12 crore. Ebitda up 29.59% at Rs 1556.72 crore versus Rs 1201.19 crore. Ebitda margin up 130 bps at 25.46% versus 24.15%.Net profit up 21.36% at Rs 1420.61 crore versus Rs 1170.5 crore.
  • Titan Company ( Cons, YoY) revenue up 43.26% at Rs 25416 crore versus Rs 17740 crore. Ebitda up 62.06% at Rs 2713 crore versus Rs 1674 crore. Ebitda margin up 123 bps at 10.67% versus 9.43%. Net profit up 60.84% at Rs 1684 crore versus Rs 1047 crore.
  • Tata Motors’s arm entered into an agreement for the supply of 70,000 vehicles for deployment in Indonesia.
  • Bharat Heavy Electricals received an LOA from BCGCL for the LSTK‑2 syngas purification plant package, worth approx Rs.2,800 crore.
  • Sonata Software announced that it has achieved AWS Premier Tier Services Partner status in the AWS Partner Network (APN).
  • Reliance Industries‘s  arm has acquired 100% stake in Southern Health Foods for Rs. 156.42 crore.
  • Eicher Motors will expand production capacity from 14.6 lakh to 20 lakh units per year. The expansion will cost Rs. 958 crore.
  • Torrent Power approved raising of funds by way of issuance of NCDs upto Rs. 7,000 crore.
  • Larson & Turbo has incorporated a wholly owned subsidiary viz, “L&T Energy Offshore Wind B.V.” in Netherlands.
  • UCO Bank has revised its TBLR Linked Rates and G-Sec Linked Benchmark rates.
  • PNB Bank- The AIBEA, BEFI and AI BOA have called bank strike on Thursday, February 12, 2026, in support of strike call given by Central Trade Unions.
  • Ion Exchange: The company’s arm gets order worth Rs. 1,730 crore from Petroleum Development Oman.
  • SBI informs that Feb. 12 strike may impact the bank’s work to limited extent.
  • Apollo Hospitals‘s arm acquires 6.5 lk shares of Belenus Champion for Rs. 8.8 crore. Total cost of acquisition of Belenus for imperial hospital including settlement of liabilities was Rs. 165 crore.
  • Titagarh Rail Systems gets approval from Ministry of Railways to register as a wagon leasing company.

 

Nifty Overview & Outlook

Benchmark Nifty index ended higher at 25935 spot levels after adding 68 points to its previous closing values in an otherwise lackluster trading session.

Broader markets traded inline with the benchmark. Majority of sectoral indices, tracked at NSE, settled on a flat note. Media index was at the top of the tally with 2.40% gains followed by Auto and Metal index that were up 1.37% & 0.81% respectively.

Nifty index is gradually heading towards initial targets of 26150-26200 spot levels following congestion zone (25500-25850) breakout on Monday i.e. Feb 3, 2026. Going ahead, we suggest traders to adopt buy on dips trading approach by the time Nifty is trading above 25700-25500 spot zone.

 

Derivatives Overview & Outlook

Yesterday, Finnifty futures saw an addition in open interest by around 2% as long buildup along with some short covering in Nifty futures with decrease in open interest by 1.4%, whereas no significant changes were seen among Banknifty and Midcapnifty futures on open interest front.

Majority of the F&O sectors settled on a positive note. Amongst them, Finance, Newage and Power stocks witnessed maximum addition of long positions while some short buildup among Chemical, Infrastructure and Pharma stocks.

On option front, Nifty will start the new weekly contracts of the February series with a maximum position at 27500 CE and 25000 PE.

 

Institutional Trading Activity

Yesterday, FIIs bought stocks worth Rs 69 Cr in the cash segment, sold stocks futures worth Rs 1320 Cr and bought index futures worth Rs 2094 Cr. DIIs were too net buyers in the cash segment to the tune of Rs 1174 Cr.

 

Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels

Nifty – Resistances 26200-26300; Supports 25850-25700

Banknifty – Resistances 61000-61300; Supports 60400-60200

Finnifty – Resistances 28300-28400; Supports -28050- 27980

 

F&O Security in Ban Today:   SAMMAAN CAPITAL

 

Important Results Today: ASHOKLEY, DIVISLAB, IOLCP, M&M, MFSL & SJVN

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