SGX Nifty February 2026 futures rose by 5.50 points, suggesting a steady start for the Nifty 50 today.
The Reserve Bank’s rate-setting panel is scheduled to begin its three-day meeting on Wednesday to discuss the forthcoming bi-monthly monetary policy. This occurs in the context of a growth-focused Union Budget, stable inflation rates, and the recent finalization of the India-US trade agreement, which has eased long-standing uncertainties related to external influences. The decision from the six-member Monetary Policy Committee (MPC), chaired by RBI Governor Sanjay Malhotra, is set to be announced on Friday.
Institutional Flows:
On 03 February 2026, provisional data indicated that foreign portfolio investors (FPIs) acquired shares valued at Rs 5,236.28 crore, while domestic institutional investors (DIIs) were net purchasers totaling Rs 1,014.24 crore in the Indian equity market. Foreign Institutional Investors have purchased shares worth Rs 2,815.48 as of February 3, 2026. The cash sales recorded were Rs 38,740.12 crore in January 2026 and Rs 34,349.62 crore in December.
Global Markets:
On Wednesday, the Asian market registered a downturn, mirroring the losses observed on Wall Street, as a sell-off in U.S. technology stocks adversely affected investor sentiment. In the U.S. overnight, the S&P 500 saw a decrease as investors divested from technology stocks, redirecting their attention to equities that are more aligned with economic recovery.
The overall market index recorded a decrease of 0.84%, finishing the session at 6,917.81. The Dow Jones Industrial Average fell by 166.67 points, reflecting a decrease of 0.34%, and concluded at 49,240.99. The 30-stock index saw an increase of up to 0.5%, achieving a new peak of 49,653.13. The Nasdaq Composite experienced a decrease of 1.43%, finishing at 23,255.19.
Domestic Market:
The major equity indices experienced a notable increase on Tuesday, achieving a second straight day of gains fueled by strong buying momentum. Market sentiment experienced a positive shift after the announcement of a long-awaited trade agreement between India and the United States, easing tariff concerns that had been a burden on the markets for a considerable time. Positive global indicators and falling crude oil prices have driven the upward trend. The Nifty concluded the trading session surpassing the 25,700 mark. All NSE sectoral indices finished in positive territory, with realty, pharma, and consumer durables stocks at the forefront.
The S&P BSE Sensex experienced a notable rise of 2,072.67 points, marking a 2.54% increase, and achieving a level of 83,739.13. The Nifty 50 index experienced an uptick of 639.15 points, marking a 2.55% increase, culminating at a total of 25,727.55. During two consecutive trading sessions, the Sensex saw a gain of 3.74%, while the Nifty noted an increase of 3.63%.