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Interim trade deal with US, SBI rally boost markets
Financial Express Mumbai
|February 10, 2026
Investors richer by ₹6.03 lakh cr
TRACKING POSITIVE GLOBAL cues, the equity benchmarks gained up to 0.68% on Monday as the announcement of an interim India-US trade deal over the weekend, along with a sharp rally in State Bank of India (SBI) shares following the bank’s record net profit of $21,028 crore in the December quarter, boosted the investor sentiment on Monday.
The country’s largest public sector lender alone contributed 280 points, or 58%, to the Sensex’s 485-point gain.
Starting the week on a strong note, the Sensex climbed 485.35 points, or 0.58%, to close at a one-month high of 84,065.75, while the Nifty surged 173.60 points, or 0.68%, to end the session at 25,867.30.
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