Indian Markets Brace for Volatility as Global Cues Weigh

Indian stock markets are poised for a lower start on Thursday, February 20, 2025, as GIFT Nifty futures traded 56 points down at 22,909 at 7:00 AM IST. The bearish sentiment stems from declining Asian markets and cautious US Federal Reserve minutes. Investors are closely watching developments around US President Trump's trade tariffs and Russia-Ukraine talks. The BSE Sensex closed at 75,939 on Wednesday, down 28 points, while the NSE Nifty50 ended at 22,932.90, lower by 12 points. Despite the overall market weakness, analysts recommend buying Axis Bank, Bajaj Finance, and JSW Steel as top picks for the day.

 

Sources: Business Standard, Times of India, Moneycontrol