Indian Markets Open in Red: Sensex Drops 190 Points, Nifty Slips Below 22,900

Indian equity benchmarks opened lower on Tuesday, February 18, 2025, amid mixed global cues. The BSE Sensex was down 190 points or 0.25% at 75,806, while the Nifty50 slipped below the 22,900 mark, trading at 22,886, down 73 points or 0.3%. Banking and oil & gas stocks led the decline, falling 0.3% to 1%. The market's cautious stance reflects concerns over slowing corporate earnings, elevated valuations, and potential U.S. tariffs. Investors are now focused on the upcoming FOMC minutes release on February 19, which could signal a hawkish Fed stance. Analysts suggest the Nifty remains in a sell-on-rise mode unless it crosses 23,150, with support at 22,800.

 

Sources: Moneycontrol, Times of India, Business Standard