📈 Indian Markets Pre Market Report Today (Feb 23, 2026) — Cautious Bullish Start With Tariff-Noise & Oil Watch
If you’re searching for the Indian Markets Pre Market Report Today, this is your ready-to-trade morning brief for Monday.
🌍 Global Cues (Overnight Market Mood)
🇺🇸 US Markets (Friday close)
Risk appetite improved after a tariff-related U.S. Supreme Court ruling, but traders are still nervous about what comes next on trade policy.
Dow Jones: 49,625.97 (+0.5%)
S&P 500: 6,909.51 (+0.7%)
Nasdaq: 22,886.07 (+0.9%) 👉nhregister.com
One-line why it moved: Relief rally on policy clarity for now, while investors kept one eye on inflation/growth signals and bond yields.
🇪🇺 Europe (Friday close)
Europe also ended higher, supported by risk-on mood and macro optimism.
STOXX 600: 630.56 (+0.84%)
DAX: 25,260.69 (+0.87%)
CAC 40: 8,515.49 (+1.39%)
FTSE 100: 10,686.89 (+0.56%)
One-line why it moved: Broad-based buying as sentiment improved and growth data comforted markets.
🌏 Asia (Monday morning)
Asia opened mixed and cautious, mainly due to confusion around fresh U.S. tariff moves and how they’ll be implemented.
Japan: Closed for a holiday
South Korea (KOSPI): Stronger (+~2%); last quoted around 5,808.53 (+2.31%)
Hong Kong (Hang Seng): last quoted 26,413.35 (-1.10%)
China (Shanghai Composite): last quoted 4,082.07
One-line why it matters for India: Asia is not in “panic mode”, but the tariff storyline is keeping traders light and reactive today.
🎯 Indian Markets Pre Market Report – GIFT Nifty (Early Signal For India Open)
Early buzz was positive (up ~190 points in early read) But closer to ~07:00 IST, NSE showed GIFT Nifty Futures ~25,751.50 (about -129, -0.50%) 👉The EconomicTimes
Quick takeaway: Expect a gap-up attempt with volatility—opening strength may face profit booking unless follow-through buying arrives.
📰 Market Moving Global News (What traders will track today)
Tariffs are back in focus: policy shifts after the U.S. court ruling have created uncertainty, especially for global trade-linked sectors.
Oil slipped as Iran nuclear talks headlines cooled risk premium: Brent ~$71.30, WTI ~$66.02.
Rupee + bond watch: traders are tracking tariff spillover and oil, with RBI presence helping prevent sharp currency moves.
🇮🇳 India Last Session Snapshot (Friday, Feb 20, 2026)
📌 Closing Levels
Nifty 50: 25,571.25 (+116.90 / +0.46%)
Sensex: 82,814.71 (+316.57 / +0.38%)
Bank Nifty: 61,172.00 (+0.71%)
👉More details keep reading Indian Markets Post Market Report Today (20.02.2026)
🧠 What Friday really said (simple reading)
The market ended green, but it wasn’t a smooth rally—buyers defended dips and banks held up the tape, while IT remained a drag.
🧭 Indian Markets Pre Market Report Today Key Levels To Watch (Support and Resistance)
✅ Nifty 50
Support zone: 25,200 – 25,300
Resistance zone: 25,650 – 26,000
Trading feel: If Nifty holds above 25,500 early, bulls will try to grind higher—but near 25,650–26,000 supply could increase.
✅ Bank Nifty
Using Friday close (61,172):
Immediate support: 60,600–60,750
Upside hurdle: 61,350–61,600 (These are practical zones around recent swing points; treat as “reaction areas”, not exact lines.)
✅ Sensex
Using Friday close (82,814.71):
Support: 82,200 / 81,800
Resistance: 83,200 / 83,750
🧾 FII / DII Data (Latest Available)
From NSE (Cash/Capital Market segment, Feb 20):
FII Net (CM): -₹947.57cr
DII Net (CM): +₹2,479.99 cr
Meaning: Domestic support stayed strong; FIIs still selective.
🧩 Derivatives Setup (OI, PCR, VIX)
🧿 India VIX (Volatility)
India VIX (Feb 20): ~14.36
Read: Not “fear mode”, but volatility is elevated enough to make stop-losses important.
🧮 Put Call Ratio (Nifty)
Nifty PCR around 0.88 (viewing Feb 20)
Read: Slightly cautious/neutral tone; not a crowded bullish trade.
🧱 Option OI (Key Strikes)
Max Call OI: 26,000 (major resistance marker) 👉Money Control
Practical use: If Nifty moves toward 25,800–26,000, watch for supply and profit booking unless banks lead strongly.
🏛️ New SEBI / Regulator Updates (What can impact trading)
⚖️ Market structure tightening (Derivatives focus)
A key near-term regulatory pressure point is tightened bank funding to capital market participants / prop trading, expected to reduce leverage and potentially cool derivative volumes.
This is a sentiment-overhang for brokers/exchanges and high-activity traders.
📌 SEBI circular flow (recent)
SEBI has ongoing circular updates including registration/format changes for stock brokers and clearing members, aligned with the newer Stock Brokers Regulations, 2026 framework.
Impact in one line: Over time, these steps aim to strengthen market plumbing and risk control, but short term they can reduce speculative froth in high-volume derivative pockets.
🧾 Major Stocks To Track
🏦 HDFC Bank
Standalone net profit reported around ₹18,653.75 cr (+~11% YoY)
What traders watch now: margin stability, deposit traction, and whether the stock attracts “quality rotation” flows again.
🏦 SBI
Highlight: Highest ever quarterly net profit ~₹21,028 cr (YoY growth shown in presentation)
What traders watch now: asset quality commentary, credit growth tone, and PSU bank momentum continuation.
👉Q3 results keep reading Banking Sector Q3 Results (FY26):For 4 Major Banks HDFC Bank, ICICI Bank, Kotak Mahindra Bank & Bank Of India.
🧺 IPO Updates (New + Ongoing)
Live and upcoming activity for this week includes:
Gaudium IVF and Women Health (Mainboard): Feb 20–24 👉zerodha
Manilam Industries (SME): Feb 20–24
Shree Ram Twistex (Mainboard): Feb 23–25
Clean Max Enviro Energy Solutions (Mainboard): Feb 23–25 (large-size issue in the mix)
IPO note: In a choppy macro tape, listing-day fireworks can be uneven—quality + valuation matters more than hype.
🛢️ Commodities & 🪙 Metals (Latest Checks)
🛢️ Crude Oil
Brent: ~$71.30/bbl
WTI: ~$66.02/bbl
India angle: Softer oil helps macros, but the Middle East headline risk can flip quickly.
🪙 Gold & Silver (MCX)
MCX gold was seen trading near ₹1,58,000 / 10g (Feb contract) and MCX silver around ₹2,37,780/ kg in the latest weekend pricing flow. (MCX prices can move fast—treat these as “latest referenced levels”, not fixed rates.)
💱 Currency (Morning Lens)
Reuters notes the rupee ended last week around 90.9825/USD with RBI helping to curb sharp weakness. 👉Reuters
Today’s watch: if USDINR presses upward alongside oil spikes, rate-sensitive and import-heavy pockets can get jittery.
💼 Investment View (Short Term vs Long Term)
⏱️ Short-term (Days to weeks)
Prefer stock-specific trades over broad “blind index longs” near resistance zones.
Banks/PSU banks remain leadership pockets, but keep tight risk control because VIX is elevated.
Avoid over-leverage; tariff/oil headlines can cause sudden reversals.
🧱 Long-term (Months to years)
Continue SIP-style discipline in quality themes (banking leaders, select consumption, capex beneficiaries).
Use volatile weeks to accumulate gradually rather than chasing gap-ups.
Keep diversification: equity + debt allocation matters more when macro uncertainty rises.
🔮 Today’s Market Forecast (5 clean bullet points)
1. Opening can be reactive: early strength is possible, but follow-through depends on bank-led breadth.
2. 25,650–26,000 on Nifty is the supply zone—expect sellers to show up there unless momentum is strong.
3.Volatility stays alive (VIX ~14+)—keep position size sensible and stops practical. 👉investing.com
4.Oil + USDINR will be intraday macro triggers—watch any sudden spike for pressure on sentiment.
5.IPO and results buzz can create pockets of action, but broad market direction will still follow global headlines on tariffs.
👉Further reading
Indian Markets Weekly View (Feb 23–Feb 27, 2026) — Cautiously Bullish Sentiment
Cryptocurrency Guide 2026 (Part 1): What It Is, Types, Real Uses
SIP vs Lump Sum: Which Is Better for Mutual Fund Investors?
Mutual Funds Explained:Types, Returns & Risks
Stock Market 101 – Lesson 17: Trading Psychology (Biases, FOMO, and Discipline)
Stock Market 101 – Lesson 11 MA, RSI & MACD
⚠️ Disclaimer:
This Indian Markets Pre Market Report Today is for education and information only. It is not investment advice or a recommendation to buy/sell any security. Markets involve risk; please do your own research or consult a SEBI-registered financial advisor before investing.