Top Gainers & Losers: State Bank of India, Monday, February 09, 2026
Published: 2026-02-09 16:30 IST | Category: Markets | Author: Abhi
Top Nifty 50 Gainers Today
- State Bank of India (SBI): Up 7.63%
- Shriram Finance: Up 6.03%
- Grasim Industries: Up 3.11%
- Titan Company: Up 3.04%
Top Nifty 50 Losers Today
- Max Healthcare Institute: Down 2.82%
- NTPC: Down 1.05%
- ITC: Down 0.95%
- Power Grid Corporation: Reported as a top laggard in session trading.
Analysis: Reasons Behind the Moves
The Indian equity markets witnessed a strong upswing on Monday, February 09, 2026, supported by a combination of robust corporate earnings and positive macroeconomic developments.
Banking Sector Strength State Bank of India (SBI) was the standout performer, hitting a record high. The surge was fueled by stellar December quarter (Q3 FY26) results, which featured record profits and a significant improvement in asset quality. Investor sentiment was further bolstered by an upgraded loan growth forecast and plans for an initial public offering (IPO) of the bank's asset management arm. This performance triggered a wider rally in the PSU Bank index, which gained more than 3.3%.
Macroeconomic and Global Cues The broader market benefited from the return of Foreign Institutional Investors (FIIs) as net buyers, injecting nearly ₹1,951 crore into the market. Optimism surrounding a framework agreement for an interim India-US trade deal also provided a major boost. The deal aims to reduce U.S. tariffs on Indian goods from as high as 50% to approximately 18%, significantly enhancing the competitiveness of Indian exporters. Positive global signals from Wall Street and Asian peers further supported the risk-on sentiment.
Sectoral Trends While financial, realty, and metal sectors led the gains, defensive sectors like FMCG and Power saw some selling pressure. Max Healthcare and NTPC ended as top losers as investors rotated capital toward high-growth cyclical stocks and banking heavyweights.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers