The Nifty ended 18 points higher, while the Sensex was down by 40 points.
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, 11 February 2026: Today, the benchmark indices witnessed range-bound activity. The Nifty ended 18 points higher, while the Sensex was down by 40 points. Among sectors, Healthcare, Auto, and Pharma indices rallied over 1 percent, whereas the IT index lost the most, shedding 1.90 percent.
Technically, the market opened on a positive note, but after a strong opening, it experienced narrow-range activity throughout the day. A small candle on the daily charts and non-directional activity on intraday charts indicate indecisiveness between the bulls and the bears.
We are of the view that, on the lower side, 25,900/84200 would be the crucial support zone, while 26,000/84500 would act as an immediate resistance area for the bulls. As long as the market is trading within this range, non-directional activity is likely to continue. On the higher side, a successful breakout of 26,000/84500 could push the market towards 26,100-26,150/84800-85000. On the flip side, below 25,900/84200, the selling pressure is likely to accelerate. Below this level, the market could retest the levels of 25,800-25,750/84000-83700.
