Indian markets are set for a cautious start as Gift Nifty signals weakness amid global uncertainty. The US-Iran conflict has heightened investor concerns, pushing gold and silver prices higher. Analysts highlight seven key stocks to watch, with mixed buy and sell calls, as volatility continues across sectors.
The Indian stock market is bracing for a volatile session on February 20, 2026, following a sharp selloff in the previous trading day. The Sensex closed 1,236 points lower at 82,498.14, while the Nifty 50 fell 365 points to 25,454.35. Rising geopolitical tensions between the US and Iran have unsettled global markets, driving safe-haven demand for gold and silver.
Key Highlights
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Gift Nifty Trends: Indicates a muted to negative start, reflecting weak global cues.
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Global Impact: Asian markets traded mixed; Wall Street indices closed lower overnight.
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Commodity Moves: Gold and silver prices surged as investors sought safe assets amid war concerns.
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Sector Pressure: Banking and IT stocks led declines, with the Bank Nifty crashing 811 points.
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Stocks to Watch: Expert recommendations include UPL, Biocon, HDFC Life, Fortis Healthcare, Tata Technologies, Samman Capital, and MM Forging.
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Investor Sentiment: Profit booking and geopolitical risks are expected to keep volatility high.
Sources: Mint, Business Standard, LiveMint