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GIFT Nifty Down 0.33% on Feb 17, 2026: How Is the Indian Stock Market Likely to Open Today?

Written by: Neha DubeyUpdated on: 17 Feb 2026, 2:09 pm IST
GIFT Nifty was trading lower by 85.20 points or 0.33% on Tuesday morning, indicating a weak opening for Indian equity markets .
GIFT Nifty Down on Feb 17
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Indian equity markets are likely to open on a negative note on Tuesday, with early signals pointing toward a decline that could erase gains from the previous trading session. Weak global sentiment and domestic macroeconomic concerns may keep investors cautious at the start of trade.

The early indicator for the Nifty 50, GIFT Nifty, signalled downside pressure during early morning trade. GIFT Nifty futures were quoting at 25,632, down 85.20 points or 0.33%, suggesting a subdued opening for benchmark indices.

Indian Market Cues

Market participants may react to India’s trade deficit widening to a three month high of $34.68 billion in January. Imports surged 19% year on year to $71.24 billion, largely driven by rising international prices of gold and silver.

In comparison, exports grew modestly by 0.6% year on year to $36.56 billion, according to data released by the Commerce Ministry. The widening deficit could weigh on sentiment as investors monitor external sector stability and currency implications.

Global Market Cues

Major Asia Pacific markets showed mixed performance in early Tuesday trade.

Japan’s Nikkei 225 extended losses, declining 0.4% as weaker GDP data continued to dampen risk appetite. Meanwhile, Australia’s S&P/ASX 200 gained 0.64%, supported by relatively stable regional sentiment.

Financial markets in mainland China, South Korea, Taiwan, and Singapore remained closed due to Lunar New Year holidays, leading to thinner regional participation.

US Market and Futures Update

US equity markets remained closed on Monday on account of Presidents’ Day.

During the Asian trading session, US index futures traded on a mixed note:

  • Dow Jones futures: flat
  • S&P 500 futures: up 0.05%
  • Nasdaq 100 futures: down 0.07%

The lack of strong directional cues from US markets may keep global investors cautious in early trading hours.

Commodities Watch

In the commodities segment, Brent crude oil futures edged lower on Tuesday morning as traders remained cautious ahead of the second round of diplomatic talks between the United States and Iran scheduled in Geneva later in the day.

Brent oil futures were quoting at $68.41 per barrel, down about 0.25%, reflecting subdued energy market sentiment.

Read More: Best Semiconductor Funds in Feb 2026: Franklin India Technology Fund, Tata Digital India Fund and More Based on 3-Year CAGR.

Conclusion

Indian stock markets are expected to open lower today, with GIFT Nifty signalling potential losses at the start of trade. Concerns over a widening trade deficit, mixed Asian market performance, and limited global cues due to the US holiday may keep investors defensive in early sessions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 17, 2026, 8:39 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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