Premarket Report – February 17, 2026
Premarket Updates
- GIFT Nifty Signals Weak Open: GIFT Nifty futures at 25620 (-0.32%), indicating a subdued start amid mixed global signals.
- Asia Markets Mixed: Nikkei down 0.15% amid post-election selling, Hang Seng flat on holiday thinned volumes.
- Bank Nifty Futures Cautious: Bank Nifty futures around 60520 (-0.45% indicative); banks hold steady despite FII selling.
- Midcaps Under Pressure: Nifty Midcap futures show mild downside on broader market caution.
- Rupee Weakens Slightly: USD/INR at 90.74 (+0.09%), pressured by foreign outflows.
- FII Flows Negative Again: FII net sellers Rs 972 Cr on Feb 16; DIIs net buyers Rs 1667 Cr.
- Sector Focus: Power and banking see buying interest post-rebound.
- IT Futures Weak: Nifty IT futures point lower on ongoing AI disruption fears.
Global Market Insights
US Markets (Close Feb 16)
- Dow Jones: 49,620.45 (+0.25%)
- S&P 500: 6,842.50 (-0.10%)
- Nasdaq: 22,510.20 (-0.15%)
- VIX (CBOE): Steady amid Fed minutes anticipation
US indices mixed; tech weighs on Nasdaq ahead of FOMC insights.
Asia & Europe (Feb 17 Premarket)
- Shanghai Composite: Flat (holiday)
- Nikkei 225: -0.15%
- FTSE Futures: +0.30%
- DAX Futures: +0.18%
Asian trading thin on Lunar New Year; Europe eyes positive open.
Commodities & Forex
- Brent Crude: $62.82 (+1.26%)
- Gold: $5,042.60 (-0.07%)
- US Dollar Index: 96.92 (+0.05%)
Crude rises on US-Iran talks; gold dips on profit booking.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 25,620 (-0.32%)
- Nifty 50 (Feb 16 Close): 25,682.75 (+0.83%)
- Sensex (Feb 16 Close): 83,313.93 (+0.78%)
- India VIX: 13.15 (+2.50%)
Markets set for cautious open; VIX rises on expiry volatility.
Key Futures (Premarket)
- Nifty 50 Futures: ~25,625 (-0.23%)
- Nifty Bank Futures: ~60,520 (-0.45%)
- Nifty IT Futures: Mild downside
- Nifty Midcap Futures: Subdued tone
Futures indicate caution across sectors amid thin volumes.
Top Movers (Recent Close)
| Gainers | Losers |
|---|---|
| Power Grid (+3.12%), HDFC Bank (+2.42%) | Tech Mahindra (-2.85%), Infosys (-1.67%) |
| Reliance (+1.45%), Lupin (+0.95%) | Hindalco (-1.23%), Axis Bank (-0.75%) |
| Gains in power and financials | IT and metals under pressure |
Power leads rebound; IT drags on AI concerns.
Latest Global & Indian Market News
US-Iran Nuclear Talks Boost Oil Prices
Tensions ease slightly, but crude rises on supply concerns.
FII Selling Continues at Rs 972 Cr
Foreign outflows persist; DIIs counter with strong buying.
Gold and Silver See Profit Booking
Precious metals decline as leveraged positions unwind.
India-US Trade Deal Lifts Sentiment
New agreement reduces tariffs, attracts FII interest.
AI Fears Weigh on Global Tech Stocks
Commercial real estate and IT sectors face disruption risks.
Asian Markets Thin on Lunar Holidays
Mixed cues with Japan selling post-elections.
Options Analysis
Nifty 50 Options Open Interest (OI)
Highest Call OI shows resistance near 25,700; Put OI indicates support around 25,600.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 25,600 | 198.50 | 172.30 |
| 25,700 | 210.20 | 158.45 |
| 25,800 | 162.10 | 65.70 |
| 25,900 | 78.90 | 45.60 |
| 26,000 | 50.40 | 48.20 |
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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