🇮🇳 Indian Markets Pre Market Report Today (Feb 17, 2026): Nifty Holds Above 25,650 — Can Bulls Push Back Toward 25,900?
🌍 Global Cues (Overnight) — US, Europe, Asia
🇺🇸 US Markets (Latest Close)
Indian Markets Pre Market Report Today starts with global cues: US cash markets were closed on Monday (Feb 16) for Presidents Day, so there was no fresh Wall Street close to react to.
Last available US close (Fri, Feb 13):
Dow: 49,500.93 (+0.10%)
S&P 500: 6,836.17 (+0.05%)
Nasdaq: 22,546.67 (-0.22%)
One-line reason: Cooler inflation helped sentiment, but tech stayed cautious due to disruption/earnings worries, so the move was modest.
Why it matters today: With the US holiday behind us, global liquidity normalises, but Asia’s Lunar New Year closures still keep some markets light.
🇪🇺 Europe (Previous Session Close – Feb 16, 2026)
European equities ended slightly higher, led by financials.
STOXX 600: 618.52 (+0.13%)
One-line reason: Banks rebounded and investors leaned toward value-buying ahead of a key earnings week.
🌏 Asian Markets (Early Trade – Feb 17, 2026)
Asia is trading selective/mixed in patches because several markets remain shut for holidays, while others are open but cautious.
One-line reason: Thin regional participation keeps moves choppy, while traders are still tracking crude, USD/INR, and global tech mood.
🎯 GIFT Nifty Today (Morning Update – Feb 17, 2026)
GIFT Nifty: ~25,664.50 (down ~0.14%)
Opening can be flat-to-soft, but not a panic setup. Expect “range first, direction later” kind of start.👉equitypandit
🇮🇳 Indian Market Snapshot (Last Session – Feb 16, 2026)
✅ Closing Levels
Nifty 50: 25,682.75 (+0.83%)
Sensex: 83,277.15 (+0.79%)
Bank Nifty: 60,949.10 (close)
What moved the market yesterday (simple + useful)
After two tough sessions, markets bounced on value buying in heavyweights, especially HDFC Bank and Reliance, while broader mood improved as IT stopped being the main drag for the day.
👉More details keep reading Indian Markets Post Market Report (16 Feb 2026)
🧭 Indian Markets Pre Market Report- Key Levels for Today (Support & Resistance)
🧿 Nifty 50 — Levels to Watch
Experts are still calling it a consolidation phase with an important support band around 25,500–25,470.
Immediate Support: 25,600 Crucial Support Zone: 25,500 – 25,470
Lower Support (if panic extends): 25,350 – 25,300
Immediate Resistance: 25,750 – 25,800
Major Resistance: 25,900 – 26,000 (psychological + supply zone)
Trading read: If Nifty sustains above 25,650 and breaks 25,750, you can see a momentum push toward 25,850–25,900. If it slips below 25,500, caution increases quickly.
🏦 Bank Nifty — Levels to Watch
Support: 60,600, then 60,300
Resistance: 61,150 – 61,350
Why Bank Nifty matters today: When the market is range-bound, banks decide whether dips get bought or sold.
🏛️ Sensex — Quick Levels
Support: 82,900 – 82,700
Resistance: 83,700 – 84,000
📊 Derivatives Desk — OI, PCR, VIX
🌡️ India VIX (Volatility)
India VIX: ~13.28
Meaning: Volatility is still elevated versus last week’s calmer zone. You may see quick spikes and candle-wicks—so keep risk tight.
🧾 Put Call Ratio (PCR)
Nifty PCR: ~1.0657 (viewing date shown as 16 Feb 2026)
How to use it today: PCR above 1 generally signals improving sentiment, but don’t treat it as a guarantee—use it alongside price action near 25,500–25,750.
💰 FII & DII Data (Cash Market – Feb 16, 2026)
FII/FPI Net: -₹972.13 Cr
DII Net: +₹1,666.98 Cr
Simple takeaway: Foreigners were sellers, but domestic institutions absorbed supply. That’s why the recovery could continue—as long as 25,500 holds.
🛢️ Commodities — Crude, Gold, Silver
🛢️ Crude Oil (Brent & WTI)
Oil moved up around ~1% with traders watching US–Iran nuclear talks, while the holiday meant no US settlement.
Brent: $68.49/bbl
WTI: $63.69/bbl
India angle: Higher crude can pressure inflation and the rupee, so keep an eye on oil if markets turn nervous.
🥇 Gold (MCX)
MCX gold (Apr 2026) traded around ₹1,54,897 per 10g.
Gold also remains supported globally when volatility rises.
🥈 Silver (MCX)
MCX Silver (SILVERM contract) showed last traded around ₹2,40,210/kg
Note: Silver has been swinging hard—better for disciplined traders than impulsive entries.
💱 Currency Update — USD/INR
Rupee close (Feb 16): ₹90.65 per $ (nearly unchanged)
Reuters noted mixed flows kept rupee range-bound; this matters because a suddenly weaker INR can hit import-heavy sectors.
🏛️ Regulation Watch — SEBI/RBI Updates & Market Impact
✅ RBI tightens bank lending rules for capital market participants
RBI’s tighter norms triggered sharp falls in BSE and some brokerage stocks, with rules including stricter collateral requirements and restrictions on lending for brokers’ proprietary trading; effect from April 1.
Market impact: This can cool speculative leverage over time and may keep exchange/broker stocks volatile in the near term.
✅ SEBI’s revised OTR framework (ongoing market-structure change)
SEBI’s OTR revision (already discussed in earlier reports) remains a market hygiene move for order discipline—important structurally, not a one-day trigger. 👉icici direct
🏢 Major Stocks / Q3 Results Outlook — 2 Stocks to Track Today
1) 🏦 HDFC Bank (Heavyweight sentiment driver)
HDFC Bank saw value buying and rebound, helping the index regain stability.
Outlook today: If HDFC Bank holds gains, it improves the “dip-buying” confidence in Nifty.
👉Keep Reading Banking Stocks Q3 results Banking Sector Q3 Results (FY26):For 4 Major Banks HDFC Bank, ICICI Bank, Kotak Mahindra Bank & Bank Of India.
2) 💊 Pharma pocket (earnings + news tailwind)
Pharma outperformed with stock-specific triggers (e.g., Torrent Pharma strength; Natco’s generic approval news) highlighted in market coverage.
Outlook today: Pharma can remain a defensive leader if volatility rises again.
👉Keep Reading Pharma Stocks Q3 results Pharma Q3 FY26 Results: Cipla, Dr Reddy’s and Laurus Lab Pharma (CMP, Key Triggers, Technical Levels)
🧾 IPO Updates (New + Existing)
SME Focus
Marushika Technology IPO: subscription closed Feb 16; allotment expected Feb 17, tentative listing around Feb 19 (as per IPO calendar).
Listing buzz
Market coverage also noted Fractal Analytics debut reaction recently, keeping IPO sentiment selective. 👉Reuters
💡 Investment View (Short Term vs Long Term)
⏱️ Short-term (Traders)
Keep focus on 25,500–25,470 support band. If it holds, rallies can extend.
Elevated VIX means don’t oversize positions; respect stop-losses.
Prefer strong sectors: banks + selective pharma; be careful in overheated counters.
🧱 Long-term (Investors)
If you’re a SIP investor, volatility is not your enemy—timing is. Keep staggered buying, avoid lump-sum panic moves.
Maintain diversification: core index + quality large caps + small exposure to gold as hedge (risk-dependent).
🔮 Today’s Market Forecast (Feb 17, 2026) — 5 Bullet Points
1.Opening tone: Flat-to-soft, with GIFT Nifty slightly negative around 25,664.
2.Key support: 25,500–25,470 is the battlefield; holding it keeps recovery alive.
3.Upside checkpoints: Break and hold 25,750 to open path toward 25,850–25,900.
4.Volatility watch: VIX near 13.28 means quick spikes are possible—trade lighter. 👉investing.com
5.Flow factor: DIIs are supporting; FIIs were net sellers on Feb 16—watch if that flips today.
👉Further reading
Indian Markets Weekly View (Feb 16–Feb 20, 2026)
India’s New Labor Codes: Why Companies Are Taking “Thousand-Crore”
FIIs Are Selling, Markets Aren’t Falling — Who Controls Indian Stocks in 2025?
SIP vs Lump Sum: Which Is Better for Mutual Fund Investors?
Stock Market 101 – Lesson 17: Trading Psychology (Biases, FOMO, and Discipline)
Stock Market 101– Lesson 9: Technical Analysis
⚠️ Disclaimer:
This Indian Markets Pre Market Report is for educational and informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult a SEBI-registered financial advisor before making investment decisions.

