Indian equities are expected to open higher today, with Gift Nifty signaling a strong start for Nifty 50 and Sensex. Global sentiment remains cautious after President Trump’s new tariff announcement, but domestic resilience is evident. RailTel and IDFC stocks are in focus, while volatility continues to hover at elevated levels.
The Indian stock market is gearing up for a positive opening on Monday, February 23, as Gift Nifty trades at 25,748—163 points above its previous close. This indicates a gap-up start for benchmark indices Nifty 50 and Sensex. Despite renewed global trade tensions following Trump’s tariff move, investor sentiment in India remains constructive, supported by sectoral strength and selective stock momentum.
Key Highlights
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Gift Nifty Premium: Trading significantly higher, pointing to bullish momentum for Nifty 50 and Sensex.
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Global Market Cues: Asian equities opened firm; U.S. markets ended last week higher despite tariff concerns.
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Trump Tariffs: A fresh 15% global tariff order raises risks for Indian exporters, though domestic demand outlook remains steady.
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Sectoral Outlook: Banking, metals, and energy stocks are expected to lead gains; IT may face pressure due to global headwinds.
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Stocks to Watch: RailTel and IDFC are in focus for potential trading opportunities.
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Volatility Index: India VIX rose 6.7% to 14.36, signaling heightened uncertainty in the near term.
Overall, while global trade tensions pose challenges, strong sectoral cues and investor optimism suggest a constructive start for Indian equities today.
Sources: Mint, Economic Times, Financial Express, News18