Indian Markets Poised for Flat Open as Global Cues Remain Mixed

Indian benchmark indexes are set for a muted start on February 18, 2025, as global market sentiment remains cautious. The GIFT Nifty futures were trading 31.4 points lower at 22,995 around 7:40 AM, indicating a flat to slightly negative opening for domestic equities. While the Sensex and Nifty snapped their 8-day losing streak on Monday, closing marginally higher, continued selling by foreign investors and mixed global cues may keep markets range-bound. Key stocks to watch include Airtel, NTPC, and Power Grid. Analysts suggest the Nifty faces strong support at 22,800 and resistance at 23,100, with a breakout needed to establish a clear trend.

 

Sources: Business Standard, NDTV Profit, Moneycontrol