Premarket Report – February 24, 2026
Premarket Updates
- GIFT Nifty Signals Cautious Open: GIFT Nifty futures at 25609 (-0.44%), indicating a muted start amid mixed global cues.
- Asia Markets Mixed: Nikkei down 0.50% on tariff concerns, Hang Seng slips 0.25% amid trade tensions.
- Bank Nifty Futures Soft: Bank Nifty futures around 61150 (-0.18%); banks pressured by global risk aversion.
- Midcaps Under Pressure: Nifty Midcap futures indicate downside on profit booking.
- Rupee Edges Higher: USD/INR at 90.50 (+0.25%), supported by RBI measures.
- FII Flows Positive: FII net buyers Rs 3551 Cr on Feb 23; DIIs net sellers Rs 1417 Cr.
- Sector Focus: Pharma and consumer goods draw interest amid volatility.
- IT Futures Weak: Nifty IT futures edge lower on US tech selloff.
Global Market Insights
US Markets (Close Feb 23)
- Dow Jones: 49,200.50 (-0.50%)
- S&P 500: 6,800.00 (-0.70%)
- Nasdaq: 22,500.00 (-0.90%)
- VIX (CBOE): Rises amid tariff uncertainties
US indices decline; software sector hit by AI disruption fears.
Asia & Europe (Feb 24 Premarket)
- Shanghai Composite: -0.15%
- Nikkei 225: -0.50%
- FTSE Futures: +0.10%
- DAX Futures: -0.20%
Asian markets cautious; Europe steady after US tariff ruling.
Commodities & Forex
- Brent Crude: $72.00 (+1.50%)
- Gold: $5,250.00 (+0.50%)
- US Dollar Index: 98.00 (+0.20%)
Crude rises on supply concerns; gold steady as haven asset.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 25,609 (-0.44%)
- Nifty 50 (Feb 23 Close): 25,713.00 (+0.55%)
- Sensex (Feb 23 Close): 83,294.00 (+0.58%)
- India VIX: 14.50 (+1.00%)
Markets poised for pullback; VIX edges up on uncertainty.
Key Futures (Premarket)
- Nifty 50 Futures: ~25,620 (-0.36%)
- Nifty Bank Futures: ~61,150 (-0.18%)
- Nifty IT Futures: Mild losses
- Nifty Midcap Futures: Negative bias
Futures suggest consolidation with selective buying.
Top Movers (Recent Close)
| Gainers | Losers |
|---|---|
| Tata Motors (+2.50%), Dixon Tech (+3.00%) | UPL (-1.50%), Tech Mahindra (-1.20%) |
| NTPC (+2.10%), Larsen & Toubro (+1.80%) | Infosys (-0.90%), Bharti Airtel (-0.70%) |
| Gains in autos and infrastructure | IT and telecom face headwinds |
Autos lead; IT lags on global cues.
Latest Global & Indian Market News
US Supreme Court Strikes Down Tariffs
Relief for global trade as court rules against broad duties; markets rebound slightly.
China Rolls Out Fresh Stimulus
New measures to boost growth; positive for commodities and emerging markets.
Tata Group Eyes Major EV Acquisition
Strategic move to expand in electric vehicles amid green push.
Fed Hints at Rate Cuts Amid Easing Inflation
Global bonds rally on dovish signals from US central bank.
India Q4 GDP Shows Slowdown
Government eyes fiscal support; impacts policy outlook.
Adani Green Boosts Solar Capacity
New projects align with India's renewable energy goals.
Options Analysis
Nifty 50 Options Open Interest (OI)
Highest Call OI shows resistance near 25,900; Put OI indicates support around 25,700.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 25,700 | 164.69 | 141.08 |
| 25,750 | 124.20 | 37.19 |
| 25,800 | 196.66 | 47.33 |
| 25,850 | 85.34 | 8.49 |
| 25,900 | 128.84 | 18.12 |
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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