Markets at Noon: Nifty and Sensex Edge Higher, Energy Sector Faces Headwinds

1 min read     Updated on 10 Feb 2026, 12:01 PM
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Naman SScanX News Team
Overview

Indian markets show positive momentum at midday with Nifty 50 at 25,960.45 (+0.36%) and Sensex at 84,395.23 (+0.39%). Cables and Castings sectors lead gains, while Energy and Commercial Services face significant pressure. Buzzing stocks include Tarsons Products, Sapphire Foods India, Goldiam International, and Apollo Micro Systems. The market's resilience amid mixed sectoral performance suggests cautious optimism.

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*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets are showing positive momentum at midday on February 10, 2026, with both benchmark indices trading in the green.

Index Current Price Change % Change
Nifty 50 25,960.45 +93.15 +0.36%
BSE Sensex 84,395.23 +329.48 +0.39%

Last Updated: 10/02/2026 12:00:21

Sectoral Performance

The market is witnessing a mixed bag of sectoral performances, with some sectors outperforming while others face significant headwinds.

Top Performing Sectors

Sector Avg. % Change
Cables +4.20%
Castings, Forgings & Fasteners +2.67%

Top Losing Sectors

Sector Avg. % Change
Printing & Stationery -49.31%
Energy -18.06%
Commercial Services -17.05%
Forest Materials -13.78%
Textiles -11.73%

The energy sector, in particular, is experiencing significant pressure, which could have broader market implications given its importance to the overall economy.

Buzzing Stocks

Several companies are making headlines today:

  1. Tarsons Products Limited: Announced Q3 FY26 results with standalone revenue of ₹937.01 crores and net profit of ₹70.94 crores for the quarter ended December 31, 2025.

  2. Sapphire Foods India: Shareholders approved shifting the company's registered office from Maharashtra to Haryana through postal ballot with 99.999% votes in favor.

  3. Goldiam International Ltd: CARE Ratings confirmed appropriate utilization of Rs. 202.05 crore QIP proceeds, with Rs. 183.97 crore unutilized funds invested in NCDs, FDs, and alternative funds as of December 31, 2025.

  4. Apollo Micro Systems:

    • Announced analyst/institutional investor meet for Q3FY26.
    • Confirmed no deviation in Rs. 185.13 crore preferential issue proceeds utilization for Q3 FY26, with funds awaiting stock exchange listing approval.

Conclusion

As the trading day progresses, the market shows resilience with both Nifty and Sensex in positive territory. However, the significant underperformance in sectors like Energy and Commercial Services warrants close attention. Investors may want to keep an eye on how these sectoral trends develop and their potential impact on overall market sentiment in the afternoon session.

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