Market Commentary
Global markets
US market closed on Monday on account of President Dat. US indices closed mixed on Friday driven by fall in tech stocks and cooling inflation. Dow Jones closed up by 0.1 pct. While Nasdaq closed lower by 0.2 pct.
Asian markets
Asian markets trading lower in the early morning trade. Hang Seng closed up by 0.5 pct. While Nikkei trading in red by 0.8 pct.
| Global Indices | % Change | ||
| Last Close | 1 day | YTD | |
| Dow Jones | 49,500 | 0.1 | 3.0 |
| Nasdaq | 22,546 | -0.2 | -3.0 |
| Hang Seng | 26,705 | 0.5 | 4.2 |
| Nikkei | 58,806 | -0.8 | 12.7 |
Commodities
Gold prices fell and currently stood at USD 4,959 on possible position adjustment before US-Iran Talks. On the other hand, oil prices stood at USD 68.39/bbl.
| Commodities % Change | ||
| Last Close | 1 day | |
| Gold ($) | 4,960 | -1.7 |
| Silver ($) | 75.58 | -2.4 |
| Brent Crude ($) | 68.39 | -0.3 |
Indian Indices
India’s equity benchmarks are likely to open muted as GIFT Nifty indicates. Benchmark Indices rebounded on Monday led by value buying in heavyweights’ stocks, which kept market green.
| Indian Market | % Change | ||
| Last Close | 1 day | YTD | |
| Sensex | 83,277 | 0.8 | -2.3 |
| Nifty | 25,682 | 0.8 | -1.7 |
| Nifty Bank | 60,949 | 1.3 | 2.3 |
| Nifty Midcap 100 | 59,723 | 0.5 | -1.3 |
| Nifty Smallcap 100 | 17,050 | 0.1 | -3.7 |
| Moving Averages | ||
| Nifty 50 | Nifty Bank | |
| 50 DMA | 25,751 | 60,507 |
| 100 DMA | 25,570 | 60,048 |
| 200 DMA | 25,570 | 59,572 |
| Institutional Activity | Rs crore | |
| Cash | YTD | |
| FII | -972 | -45,431 |
| DII | 1667 | 83,516 |
Stocks to watch
| Positive Read through | Negative Read through |
| Indus Towers – Promoter Bharti Airtel buys additional 1.2 mn shares. | |
| JSW Infra – Board meet on February 20 to consider fund raise. | |
| TVS Supply Chain – Partners with Italy’s ALA Group for aerospace & defence. | |
| Cochin Shipyard – Bags navy vessel contract worth Rs. 50 bn. | |
| Highway Infra – Gets LoA worth Rs. 1.54 bn from NHAI. | |
| KFin Tech – Appoints Nazish Husain Mir as CTO of the company w.e.f April 1, 2026. | |
| Lupin – Inks licence & supply pact for novel anti-depressant in Canada. | |
| Texmaco Rail – Bags order worth Rs. 2.19 bn from Mumbai Rail Vikas Corp | |
| Embassy Developments – Gets RERA nod for Rs. 4 bn project in Alibaug. | |
| Seamec – Vessel SEAMEC Princess gets USD 0.46 mn ONGC contract. |
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