Stock Market Live Updates | Gift Nifty Hints Flat to Negative Market Open
By Bajaj Broking Team
February 17, 2026
7 mins read
Market News
Synopsis:
Today’s share market’s key developments include: Cochin Shipyard secured a ₹5,000 crore Navy contract, while Embassy Developments received Maha RERA approval for its Alibaug project. L&T divested Nabha Power, TCS expanded its AMD partnership, Shriram acquired Bengaluru land, as FIIs sold and DIIs bought equities.
3:30 PM IST
Closing Bell | 3:30 PM IST | 17 Feb 2025 | Sensex Ends 173 Points Higher | Nifty Holds Above 25,700
Benchmark indices ended in positive territory, with the Sensex rising 173 points and the Nifty closing above the 25,700 mark. The Indian rupee stood at 90.68 against the U.S. dollar at 3:30 p.m. IST, largely unchanged from its previous close of 90.65. Among the gainers were GE Power India, Sterling and Wilson Renewable Energy, and Sterlite Technologies, while Engineers India, Hindustan Copper, SRF, Shoppers Stop, and MCX featured among the day’s notable losers.
2:30 PM IST
Stock Market LIVE Update | 2:30 PM IST | 17 Feb 2025 | Sensex rises over 100 points | Nifty approaches 25,700
Indian markets advanced, with the Sensex gaining over 100 points and the Nifty nearing 25,700. LME copper slipped 0.6% amid a firmer dollar, rising inventories, and muted demand, while aluminium and zinc also declined. Shanghai markets remain shut for the Lunar New Year. December quarter earnings broadly met expectations, prompting brokerages to highlight 35 stocks. Adani Group shares rose as much as 3% after unveiling a $100 billion investment plan for renewable energy and AI data centres.
1:30 PM IST
Stock Market LIVE Update | 1:30 PM IST | 17 Feb 2025 | Sensex climbs over 250 points | Nifty trades above 25,700
Sensex advanced more than 250 points as Nifty moved above 25,700. Adani Group shares rose up to 3% after unveiling a $100 billion plan to develop renewable energy-powered, AI-ready data centres by 2035, with Adani Energy Solutions leading gains. December quarter earnings largely met expectations, prompting brokerages to highlight 35 stocks on earnings strength or recovery potential. Meanwhile, CleanMax Enviro Energy Solutions announced a ₹3,100 crore IPO priced at ₹1,000–1,053 per share, opening February 23.
12:30 PM IST
Stock Market LIVE Update | 12:30 PM IST | 17 Feb 2025 | Sensex climbs over 250 points | Nifty trades above 25,700
The Sensex advanced more than 250 points, with the Nifty holding above 25,700 in early trade. Among active stocks, ITC, Punjab National Bank, YES Bank, IDBI Bank and Union Bank posted gains, while Vodafone Idea and Engineers India traded lower. Meanwhile, Australian markets ended higher, supported by BHP after it reported stronger first-half earnings, lifting the S&P/ASX 200 by 0.2%. In contrast, New Zealand’s S&P/NZX 50 declined 0.7% ahead of the central bank’s policy meeting.
11:40 AM IST
Stock Market LIVE Update | 11:40 AM IST | 17 Feb 2025 | Sensex rises 300 points | Nifty trades above 25,700
Benchmark indices advanced, with the Sensex climbing 300 points and the Nifty moving above 25,700. Motilal Oswal expects Indian markets to improve in CY26 after underperforming MSCI EM by nearly 26% in dollar terms during CY25. Large-cap companies posted 16% year-on-year earnings growth, largely in line with broader trends. The brokerage highlighted select stocks, including Infosys and Tata Steel, citing EPS CAGR potential of up to 106%. Metal counters led losses, while select mid-caps recorded gains.
10:50 AM IST
Stock Market LIVE Update | Sensex rises 50 points | Nifty trades above 25,650
Indian equity benchmarks edged higher, with the Sensex gaining 50 points and the Nifty holding above 25,650. Government bond yields were largely steady as investors awaited a sizeable state debt auction. The 6.48% 2035 bond yield stood near 6.67%. Gold prices in Delhi, Mumbai, Chennai and Hyderabad remained firm across 22 and 24 carat categories. Infosys shares advanced nearly 3% following its collaboration with Anthropic, while Shoppers Stop and Escorts Kubota were among early losers.
9:30 AM IST
Stock Market LIVE Update | Sensex slips over 200 points | Nifty tests 25,600 level
Indian equity benchmarks traded lower, with the Sensex falling more than 200 points and the Nifty hovering around the 25,600 mark. The rupee appreciated by 2 paise to 90.72 against the US dollar in early trade. Revised RBI guidelines on capital market exposures may prompt brokerages to raise funds through bonds and commercial papers, potentially impacting margins. Elara Capital maintained a buy rating on PTC India with a ₹210 target, while Citi reiterated a buy on Bharat Electronics with a ₹525 target.
Source: Bajaj Broking Research Desk.
GIFT NIFTY: Gift Nifty suggests a flat to negative opening for the Indian market. Nifty spot in today's session is likely to trade in the range of 25,400-25,850.
INDIA VIX: 13.33 | +0.038 (0.28%) ↑ today
In-Depth Market Insights: Global Outlook, Derivatives & More
Other Asset Classes
Treasury Yield:
The benchmark U.S. 10-year yield is at 4.044%, almost unchanged from prev close.
Currency:
(DXY) Dollar index was little changed at 97.1.
Commodities:
Brent crude was at $68.55 per barrel, while U.S. crude remained largely unchanged at $63.71 per barrel.
Gold was trading near $4950/oz, while silver was trading near $74.6/oz.
Asian Markets
General Trends:
Asian equities edged higher on Tuesday, as subdued holiday activity kept trading volumes thin, with investors awaiting key economic data scheduled later this week.
Sector-Specific Indicators:
Mainland China and Hong Kong markets remain closed for the Lunar New Year, while U.S. markets resume trading on Tuesday after the Presidents’ Day break. The yen traded choppily.
India Market Outlook
Market in the Previous Session:
Benchmark indices witnessed a strong rebound on 16th February, supported by buying interest emerging from lower levels after recent correction. The rally was mainly aided by easing global bond yields after softer-than-expected US inflation data, which strengthened expectations of a possible US Fed rate cut later this year, improving overall risk sentiment.
Additionally, strong buying in banking and FMCG stocks along with value buying in heavyweights lifted the market during the second half of the session.
At close, the Sensex was up 650.39 points or 0.79% to settle at 83,277.15, while the Nifty gained 211.65 points (0.83%) to end at 25,682.75.
On the sectoral front, most sectors contributed to today’s rally, with Nifty Realty, Banking, FMCG and Oil & Gas emerging as key gainers, supported by strong participation in financial heavyweights. Meanwhile, Nifty Auto and Nifty Media remained the only laggards during the session.
The broader market also participated in the up move, with the Midcap index rising 0.48%, while the Small-cap index posted a marginal gain of 0.11%, indicating selective buying beyond frontline stocks.
TRADE SETUP FOR FEB 17
Nifty Short-Term Outlook:
The index rebounded sharply from oversold levels on the daily timeframe, indicating a strong pullback after recent weakness. The hourly chart further confirms sustained buying interest, reflecting steady accumulation through the session. The index eventually closed near the day’s high, underscoring strengthening sentiment and improved short-term momentum.
On the candlestick front, a bullish engulfing pattern has emerged on the daily chart, which typically signals a potential trend reversal and suggests that buyers may be regaining control in the near term.
Immediate support is placed at 25,550, which could act as a key demand zone, followed by 25,380 as the next important downside level. On the upside, initial resistance is seen at 25,750, and a decisive move above this level could open the path toward the next hurdle at 25,840.
Intraday Levels:
Nifty: Intraday resistance is at 25,750, followed by the 25,840 levels. Conversely, downside support is located at 25,550, followed by 25,380.
Bank Nifty: Intraday resistance is positioned at 61,200, followed by 61,400, while downside support is found at 60,800, followed by 60,400.
Derivative Market Analysis
Nifty:
Nifty synthetic futures are placed near 25,691, indicating a mildly positive bias heading into weekly expiry.
Strong dominance of put writers between 25,500 and 25,700 highlights a solid support base, suggesting limited downside risk.
Call writers have largely unwound positions and shifted to higher strikes, signaling expectations of further upside.
Fresh but moderate call writing at 25,800–26,000 may act as an immediate resistance zone, potentially capping sharp upside.
The max pain level at 25,650, close to synthetic futures, suggests expiry may gravitate toward this zone.
The likely trading range for expiry stands between 25,600 and 25,800, indicating a consolidation phase unless a decisive breakout occurs.
Bank Nifty:
Strong fresh put writing at the 61,000 strike, slightly in-the-money, reflects improving bullish conviction.
Aggressive put writer participation between 60,500 and 61,000 creates a strong support cluster for the index.
Limited call writing at 61,500 indicates resistance shifting higher, suggesting gradual strength in price structure.
Bank Nifty is expected to trade within a 60,500–61,500 range in the near term, with consolidation likely until a range breakout triggers a directional move.
US Share Market News
Performance Overview:
US stock futures were steady after Presidents’ Day, with S&P 500 up 0.1 percent and Nasdaq 100 down 0.2 percent. AI disruption and Federal Reserve rate cut expectations shape market sentiment.
Sector-specific indicator:
U.S. markets remained shut earlier in the session in observance of the Presidents’ Day holiday. The subdued movement in futures comes after last week’s cooler-than-anticipated inflation reading, which strengthened bets that the Federal Reserve may start reducing interest rates later this year.
Economic indicator:
This week, markets will focus on the Fed’s latest meeting minutes due Wednesday and the core PCE inflation data on Friday.
Q4 earnings season is nearing its end. Although more companies have topped estimates, stocks remain under pressure amid concerns over AI spending and its disruptive impact—particularly on the software sector.
Stay on top of the latest market news with Bajaj Broking’s insights. Our point-to-point analysis digs deep into the surface, empowering you with a unique perspective on domestic and global stock market events. Get all the current share market news, including US share market updates and the trade set up for today, in one place to make informed investment decisions.
Published Date :
17 Feb 2026
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Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited
This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing.
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