Stocks To Watch on February 9: Key Market Movers, Earnings, and Sectoral Trends

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Posted February 09, 2026

 

Stocks To Watch on February 9: Key Market Movers, Earnings, and Sectoral Trends

Introduction – Why February 9 is a Crucial Trading Day

If you are tracking the Indian stock market closely, February 9 is shaping up to be one of those days that can’t be ignored. With strong global cues, a positive GIFT NIFTY signal, blockbuster earnings announcements, and big corporate developments, the market is buzzing with action.

From State Bank of India’s record-breaking profit to India-US trade agreement benefits for apparel and chemical stocks, today offers multiple trading and investment opportunities. Whether you are a short-term trader hunting for momentum or a long-term investor seeking strong fundamentals, this is a day that demands attention.

So, let’s break it all down in a simple, engaging, and actionable way.

Market Outlook for February 9

GIFT NIFTY Indicates a Strong Gap-Up Opening

The GIFT NIFTY futures suggest that the NIFTY50 index will open around 178 points higher, signaling a strong gap-up opening. This indicates positive market sentiment and strong buying interest, especially in large-cap stocks.

In simple terms, it’s like the market waking up in a good mood — and when that happens, opportunities often follow.

Key Global and Domestic Factors Driving Market Momentum

Several factors are supporting today’s upbeat outlook:

  • Strong Q3 earnings from heavyweight companies

  • Positive global market cues

  • Optimism around India-US trade agreement

  • Sector-specific growth triggers in banking, infrastructure, FMCG, and data centers

Put together, these factors create a fertile ground for bullish moves across sectors.

Major Earnings Announcements Today

Companies Declaring Q3 FY26 Results

A host of companies are scheduled to announce their Q3 FY26 earnings today, including:

  • BSE Ltd

  • Zydus Lifesciences

  • Aurobindo Pharma

  • Linde India

  • Pfizer

  • Bata India

  • Amber Enterprises

  • Graphite India

  • P N Gadgil Jewellers

  • Happy Forgings

  • Navin Fluorine International

  • Cholamandalam Financial Holdings

This means volatility is guaranteed, and stock-specific action is likely to dominate the market.

Impact of Earnings on Stock Movements

Earnings act like report cards. Strong numbers can trigger sharp rallies, while disappointments can lead to sudden sell-offs. Traders should keep an eye on management commentary, margin trends, and future guidance, not just headline profits.

SBI in Focus After Record-Breaking Profit

Q3 FY26 Performance Highlights

 

State Bank of India (SBI) stole the spotlight by reporting an all-time high profit of ?21,028 crore in Q3 FY26, marking a stunning 24% year-on-year growth.

This performance reinforces SBI’s dominance in the Indian banking sector and reflects strong loan growth, better asset quality, and controlled costs.

Role of SBI Mutual Fund Dividend

A key contributor to this massive profit surge was a ?2,200 crore special dividend from SBI Mutual Fund, which is preparing for its IPO. This one-time income boosted profitability and strengthened SBI’s balance sheet.

What It Means for Investors

For investors, SBI remains a solid long-term bet, supported by:

  • Strong fundamentals

  • Improving asset quality

  • Digital banking growth

  • Leadership in retail and corporate lending

In short, SBI is firing on all cylinders.

Apparel, Footwear, and Chemical Stocks in Spotlight

India-US Trade Pact – A Game Changer

India and the US have agreed on a framework for the first phase of their bilateral trade agreement, reducing import duties on several Indian goods from 25% to 18%.

This move provides a massive boost to export-oriented sectors.

Key Beneficiary Sectors

The sectors expected to benefit the most include:

  • Apparel & textiles

  • Footwear & leather

  • Organic chemicals

  • Plastics & rubber

  • Home decor

  • Gems & jewellery

Stocks Likely to Gain Momentum

Companies in these sectors may witness renewed buying interest as lower tariffs make Indian exports more competitive in the US market.

IDBI Bank Divestment Update

Strategic Sale Process Explained

The government has received financial bids for the strategic divestment of IDBI Bank, marking a crucial step toward privatization.

Market Implications

This move can unlock significant value for shareholders and improve operational efficiency under private management. IDBI Bank stock may remain highly volatile as developments unfold.

Anant Raj – Big Move into AI Data Centres

Partnership with Submer

Anant Raj has partnered with AI infrastructure provider Submer to develop AI-ready data centres across India, signaling a major strategic shift.

Growth Opportunities in Data Infrastructure

With booming demand for AI, cloud computing, and data storage, this move positions Anant Raj in one of the fastest-growing technology infrastructure segments.

PFC and REC Merger Development

Strategic Importance of the Merger

The board of Power Finance Corporation (PFC) has approved the merger of REC into itself. This consolidation aims to create a stronger and more efficient power financing entity.

Impact on Power Financing Sector

The merged entity will enjoy:

  • Improved capital efficiency

  • Lower cost of borrowing

  • Better operational synergies

This is a long-term positive for the entire power financing ecosystem.

Titan Company – Luxury Watch Sales Set to Surge

India-EU Trade Agreement Impact

Reduced import duties under the India-EU trade agreement are set to boost Titan’s luxury Swiss watch business.

Growth Strategy in Swiss Watch Segment

Titan plans to expand its Helios Luxe chain and add more global brands, making premium watches more accessible to Indian consumers.

Reliance Industries – FMCG Expansion into Australia

Acquisition of Goodness Group

Reliance Consumer Products Limited (RCPL) has acquired a majority stake in Australia-based Goodness Group, marking its entry into the Australian FMCG market.

Global Growth Strategy of RCPL

This move strengthens Reliance’s global presence and opens new growth avenues for its beverage and wellness brands.

Tata Steel – Strong Q3 Earnings Boost Sentiment

Profit Growth Analysis

Tata Steel posted a multifold jump in consolidated profit to ?2,730.37 crore, supported by higher income and improved operational efficiency.

Future Outlook for Steel Sector

With infrastructure spending rising, steel demand is expected to stay strong, benefiting companies like Tata Steel.

L&T – Expansion in Data Centres and Semiconductors

Data Centre Capex Plan

L&T plans to commission 18 MW of data centre capacity by March-end, increasing its total operational capacity to 32 MW.

Semiconductor and Electrolyser Business Growth

L&T is also making strategic investments in semiconductor design and electrolyser manufacturing, aligning with India’s clean energy and digital growth goals.

Sun Pharma – Strategic Focus on Innovation

US Market and Biosimilar Plans

Sun Pharma continues to prioritize innovative medicines and biosimilars, particularly targeting the US market.

M&A Strategy Outlook

The company maintains a disciplined acquisition approach, ensuring sustainable long-term growth.

Tata Motors Passenger Vehicles – Price Hike Ahead

Rising Commodity Cost Impact

Due to rising costs of precious metals and copper, Tata Motors Passenger Vehicles plans to hike prices in the coming weeks.

Effect on Auto Sector Stocks

Price hikes may impact demand slightly but help protect margins, which is crucial for profitability.

Shree Cements – Volume Growth and Expansion Plans

Q4 Demand Outlook

Shree Cements expects strong volume growth in Q4 driven by increased infrastructure spending.

RMC Business Expansion Strategy

The company plans to expand its ready-mix concrete footprint from 19 to 45 plants, boosting its construction material business.

Final Thoughts – How Traders and Investors Should Approach the Market Today

With multiple triggers, today’s market action is expected to be dynamic. Traders should focus on earnings-based momentum, while investors can use dips in quality stocks to accumulate.

Think of today as a buffet of opportunities — just choose wisely.

Conclusion

February 9 is packed with high-impact news, blockbuster earnings, and sectoral tailwinds. From SBI’s record profit to the India-US trade pact benefits, the market offers diverse opportunities across banking, FMCG, infrastructure, and export-oriented sectors. Staying informed and disciplined will be the key to navigating today’s trading session successfully. 

Disclaimer

The information provided in this article is for educational and informational purposes only. It does not constitute financial, investment, legal, or tax advice. Please consult with a certified financial advisor or a SEBI-registered professional before making any investment decisions. The author and publisher are not responsible for any financial losses or legal consequences incurred as a result of using this information. 

 

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