Nifty Eyes Rebound: India-US Trade Deal, Wall Street Rally Boost Hopes for Feb 9
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CNBC TV1808-02-2026, 12:04

Nifty Eyes Rebound: India-US Trade Deal, Wall Street Rally Boost Hopes for Feb 9

  • Nifty shows resilience, recovering 200 points from lows, holding above 25,500 with support from index heavyweights.
  • Upcoming India-US trade deal details and Wall Street's Friday rebound expected to provide upward momentum for Nifty.
  • Despite recent lower highs and lows, a buying trend on dips suggests an underlying upward movement.
  • Key resistance levels to watch are 25,757, 25,818, and the critical 26,000 mark; 25,500 remains crucial support.
  • Earnings season winding down, with Hindalco and ONGC among companies reporting results, influencing market direction.

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