Foreign investors are reducing their negative bets on the market after the Budget. However, the market’s overall sentiment remains delicate. Technical indicators suggest IT stocks may enter a period of consolidation or decline. Analysts are closely watching for sustained reductions in short positions to confirm a positive trend. The market is navigating a news-heavy week with cautious optimism.
Positive Breakout: These 11 stocks cross above their 200 DMAs
As of February 9, 2026, 21 stocks from the Nifty500 universe closed above their 200-day moving average (DMA). From this group, we have highlighted 11