Premarket Report – February 4, 2026
Premarket Updates
- GIFT Nifty Signals Caution: GIFT Nifty futures at 25767 (-0.38%), pointing to a mildly lower opening amid mixed global cues.
- Asia Markets Mixed: Nikkei down 1.16%, Hang Seng up 0.22%, Kospi showing volatility after recent surge.
- Bank Nifty Futures Steady: Bank Nifty futures around 60,200 (+0.2% indicative); banking sector consolidating after recent rally.
- Midcaps Rangebound: Nifty Midcap futures flat to mildly negative in early indications.
- Rupee Stable: Hovering near recent levels against USD with cautious tone.
- FII Flows Positive: FII net buyers Rs 5,236 Cr on Feb 3; DIIs net buyers Rs 1,014 Cr.
- Sector Focus: Energy and select financials show resilience, while tech faces pressure globally.
- IT Futures Soft: Nifty IT futures mildly lower amid global tech sector caution.
Global Market Insights
US Markets (Close Feb 3)
- Dow Jones: 49,407 (+1.05%)
- S&P 500: 6,917 (+0.9% indicative)
- Nasdaq: 23,255 (+0.8% indicative)
- VIX (CBOE): Elevated on tech pullback
US indices mixed to positive but tech pullback weighs on sentiment; focus on upcoming earnings.
Asia & Europe (Feb 4 Premarket)
- Nikkei 225: -1.16%
- Hang Seng: +0.22%
- Kospi: Volatile after sharp moves
- Europe Futures: Cautious start
Asian markets mixed with profit-taking in some indices; Europe steady ahead of key data.
Commodities & Forex
- Brent Crude: $67.90 (+0.9%)
- Gold: $5,059 (+2.3%)
- US Dollar Index: Stable near highs
Gold extends rally as safe-haven demand rises; oil steady on supply dynamics.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 25,767 (-0.38%)
- Nifty 50 (Feb 3 Close): 25,727.55 (+2.55%)
- Sensex (Feb 3 Close): 83,739.13 (+2.54%)
- India VIX: Moderating from recent highs
Indices coming off strong gains; premarket suggests consolidation or mild dip.
Key Futures (Premarket)
- Nifty 50 Futures: ~25,820 (+0.3% indicative)
- Nifty Bank Futures: ~60,200 (+0.2% indicative)
- Nifty IT Futures: Mildly negative
- Nifty Midcap Futures: Flat to soft
Futures indicate cautious start after sharp previous session rally.
Top Movers (Recent Close)
| Gainers | Losers |
|---|---|
| Banking & Energy stocks (+3-5% range) | Select IT names (-1% range) |
| Largecap leaders (+2-4%) | Few FMCG (-0.5-1%) |
| Broad-based participation | Minor pockets of profit-taking |
Previous session led by broad gains; focus now on sustainability.
Latest Global & Indian Market News
Gold Surges Past $5,000 on Safe-Haven Demand
Precious metal rallies amid global uncertainties and currency movements.
FII Inflows Remain Strong in Indian Equities
Continued foreign buying supports market despite cautious premarket.
Oil Prices Steady Amid Supply and Demand Dynamics
Crude holds ground as market eyes geopolitical and inventory data.
India-US Trade Developments Influence Sentiment
Ongoing discussions and deals continue to impact investor views.
Global Tech Sector Faces Pullback Pressure
US tech earnings anticipation weighs on IT and related stocks.
Asian Markets Show Divergence After Recent Rally
Profit-taking in select indices amid mixed economic signals.
Options Analysis
Nifty 50 Options Open Interest (OI)
Highest Call OI shifting higher suggests resistance around 26,000; Put OI supports lower levels.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 25,500 | 40.50 | 85.20 |
| 25,800 | 48.30 | 60.10 |
| 26,000 | 75.40 | 65.80 |
| 26,200 | 42.10 | 38.90 |
| 26,500 | 82.60 | 28.40 |
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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