SGX Nifty February 2026 futures declined by 93.50 points, indicating a bearish opening for the Nifty 50 today.

Institutional Flows:

On 29 January 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 393.97 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 2,638.76 crore in the Indian equity market. In January, foreign institutional investors have divested shares totaling Rs 43,686.59. Their cash sales amounted to Rs 34,349.62 crore in December and Rs 17,500.31 crore in November.

Global Markets:

The Asian markets exhibited a mixed performance on Friday, following U.S. President Donald Trump’s announcement regarding his decision on the next Federal Reserve chair, which is set to be revealed today. During the premiere of Melania, a film focused on first lady Melania Trump, he indicated that the five-month process to find a successor for current chair Jerome Powell was approaching its end.

The selection process for Powell’s successor commenced in September, featuring a pool of 11 candidates comprising former and current Federal Reserve officials, economists, and investment professionals from Wall Street. Trump additionally supported a Senate agreement to finance the majority of the federal government for the rest of the fiscal year, reducing immediate political uncertainty for stakeholders. Senators secured an agreement with slightly more than 24 hours remaining before a partial government shutdown. The decision was made to exclude funding for the Department of Homeland Security from the package, allowing the passage of the other five bills, with DHS to be supported by a temporary funding measure.

During the overnight session in the U.S., the S&P 500 index experienced a decrease of 0.13%, closing at 6,969.01. Meanwhile, the Nasdaq Composite saw a decline of 0.72%, finishing at 23,685.12. The Dow Jones Industrial Average increased by 0.11%, translating to a rise of 55.96 points, concluding at 49,071.56.

Domestic Market:

Domestic equity benchmarks concluded the day with slight increases on Thursday, marking the third consecutive session of gains. This upward movement was driven by bargain hunting and encouraging economic indicators, which mitigated the volatility associated with the expiry period. The Sensex and Nifty experienced a notable recovery from their intraday lows, concluding the trading session on a positive note coinciding with the monthly F&O expiry for the Sensex.

The Economic Survey’s FY27 growth outlook of 6.8%-7.2% has positively influenced sentiment, alongside foreign institutional investors reversing their trend to become buyers on Wednesday after a prolonged 15-session period of selling. As investors focus on the upcoming Union Budget 2026 scheduled for February 1, the Nifty closed above the 25,400 mark, bolstered by robust performance in metal and private banking sectors.

The S&P BSE Sensex increased by 221.69 points, reflecting a rise of 0.27%, reaching a total of 82,566.37. The Nifty 50 index increased by 76.15 points, reflecting a gain of 0.30%, reaching a total of 25,418.90. Over the course of three consecutive trading sessions, the Sensex experienced an increase of 1.26%, whereas the Nifty saw a rise of 1.48%.