Indian Markets Brace for Volatility as Global Concerns Weigh

Indian stock markets are poised for a cautious start on Friday, February 21, 2025, with the GIFT Nifty futures trading 89.5 points lower at 22,852.5 at 7:32 AM. Investors remain wary amid concerns over potential U.S. tariffs on Indian goods and ongoing geopolitical tensions. Key events to watch include the release of February's manufacturing and services PMI flash data and the RBI MPC minutes. In corporate news, Religare Enterprises sees a change in control as the Burman family acquires the company, while Vedanta shareholders approve a demerger plan. The day also marks Janaki Jayanti, a significant Hindu festival commemorating the birth of Goddess Sita.
Sources: Business Standard, The Economic Times, and Times of India