Premarket Report – February 02, 2026
Premarket Updates
- GIFT Nifty Indicates Flat Start: GIFT Nifty futures at 24,800 (+0.06%), signaling a steady opening amid varied global signals.
- Asia Markets Mixed: Regional indices varied with Nikkei down 0.10%, Hang Seng down 2.02%, and Kospi flat at 0.00%.
- Bank Nifty Futures Flat: Bank Nifty futures around 51,200 (-0.05%); banking sector shows caution.
- Midcaps Marginally Down: Nifty Midcap futures down 0.10%.
- Rupee Under Pressure: Trading near 85.50 against USD with slight depreciation.
- FII Flows Negative: FII net sellers Rs 1,200 Cr; DIIs net buyers Rs 2,800 Cr.
- Sector Focus: EV and renewables gain traction, while metals drag on commodity dips.
- IT Futures Slightly Lower: Nifty IT futures -0.10% amid global tech volatility.
Global Market Insights
US Markets (Close Jan 30)
- Dow Jones: 48,913.48 (-0.36%)
- S&P 500: 6,977.75 (-0.39%)
- Nasdaq: 23,459.91 (-0.95%)
- VIX (CBOE): 14.50 (+1.00%)
US indices closed lower on tech sell-off and Fed uncertainty; futures indicate mild recovery.
Asia & Europe (Feb 02 Premarket)
- Nikkei 225: -0.10%
- Hang Seng: -2.02%
- Kospi: 0.00%
- Europe Futures: +0.70%
Asian markets pressured by trade concerns; Europe optimistic on rate cuts.
Commodities & Forex
- Brent Crude: $69.82 (+0.33%)
- Gold: $4,887.07 (-9.11%)
- US Dollar Index: 97.15 (+0.90%)
Oil edges up on supply dynamics; gold tumbles on stronger dollar.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 24,800 (+0.06%)
- Nifty 50 (Jan 30 Close): 24,785.00 (+0.20%)
- Sensex (Jan 30 Close): 81,200.00 (+0.25%)
- India VIX: 14.00
Indices set for flat open; volatility edges up on global cues.
Key Futures (Premarket)
- Nifty 50 Futures: ~24,790 (+0.05%)
- Nifty Bank Futures: ~51,200 (-0.05%)
- Nifty IT Futures: -0.10%
- Nifty Midcap Futures: ~58,000 (-0.15%)
Futures reflect mixed sentiment with focus on institutional flows.
Top Movers (Recent Close)
| Gainers | Losers |
|---|---|
| Reliance (+1.50%) | Adani Ports (-1.10%) |
| ICICI Bank (+1.20%) | TCS (-0.70%) |
| Tata Motors (+1.00%) | Hindalco (-0.60%) |
Energy leads gains; metals under pressure.
Latest Global & Indian Market News
India-EU Free Trade Deal Finalized
Agreement boosts trade ties, expected to enhance investments in key sectors.
Budget 2026 Emphasizes Manufacturing Push
Government announces capex incentives and customs reforms to sustain growth.
Bitcoin Hits $100K Milestone
Crypto surges on US regulatory approvals, lifting market confidence.
Trump Eases Tariff Threats
US President calms global jitters, improving sentiment in emerging markets.
Oil Prices Drop on US-Iran Talks
De-escalation leads to 3% fall, benefiting importers like India.
Gold and Silver Extend Sell-Off
Precious metals plunge amid strong dollar and Fed policy uncertainty.
Options Analysis
Nifty 50 Options Open Interest (OI)
Highest Call OI at 25,500 hints at upside cap; highest Put OI at 24,900 marks support zone.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 24,600 | 5.15 | 0.56 |
| 24,700 | 16.64 | 0.53 |
| 24,800 | 34.94 | 0.51 |
| 24,900 | 42.56 | 0.31 |
| 25,000 | 1.59 | 0.76 |
Chart: Nifty 50 OI distribution below.
Disclaimer: Market data is based on the latest available information. GIFT Nifty price and other futures data are indicative and must be verified in real-time before trading. Investments are subject to market risks.
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