Global Markets Signal Positive Start for Indian Stocks, GIFT Nifty Rises

Indian benchmark indices Sensex and Nifty 50 are poised for a positive opening on February 17, 2025, as GIFT Nifty trades around 22,977.50 in early morning hours. This comes after eight consecutive sessions of decline for Indian stocks, marking their longest losing streak since February 2023. Asian markets are showing mixed trends, with Japan's Nikkei 225 near the flatline and South Korea's Kospi up 0.18%. Oil prices have edged lower, with WTI crude at $70.40 and Brent at $74.48. Investors will be closely watching global market moves and geopolitical developments for further cues.
Source: Moneycontrol