Pre-market action: Here's the trade setup for today's session

By

Akash Podishetti

, ETMarkets.comLast Updated: Feb 17, 2026, 06:43:00 AM IST

Synopsis

Indian benchmarks ended their losing streak on Monday, driven by banking stocks. Analysts anticipate a sideways market with a slight positive bias, influenced by Infosys' AI investor meet and the India AI Impact Summit, which could guide tech stocks. The Nifty's movement around 25,600 will be key for the near-term uptrend.

Indian benchmarks snapped two-day losing streak on Monday, led by gains in banking stocks. Analysts expect markets to remain sideways with a marginal positive bias, taking cues from the upcoming Infosys' AI-focused investor meet and the ongoing India AI Impact Summit, which could provide direction for tech stocks.

STATE OF THE MARKETS

• Tech View: If the Nifty holds above 25,600 till the close, the uptrend may continue in the near term. On the higher side, it could move towards 25,800 and above. However, a fall below 25,500 may reactivate bearishness in the market.
• India VIX: India VIX, which is a measure of the fear in the markets, rose 0.2% to settle at 13.33 levels.

Stocks in F&O ban today

SAIL
Sammaan Capital

Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.

FII/DII action

Foreign portfolio investors net sold shares worth Rs 972 crore on Monday. DIIs, meanwhile, were net buyers at Rs 1667 crore.

Rupee

The rupee settled with a loss of 8 paise at 90.74 against the US dollar on Monday, weighed down by a strong American currency and foreign fund outflows.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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