Rupee opens 7 paisa lower at 90.72 against the dollar
The currency fell marginally on February 17 as a lack of clear direction in the market kept traders cautious
For whom the bells toll In the market
Leveraged traders find themselves on a sticky wicket as regulatory moves and strong hands trimming leveraged positions leave them more exposed
ABB India preview: Revenue growth expected to stay modest; margins may contract on cost pressures
Analysts will closely track order inflow momentum, particularly large-ticket project wins and conversion of the enquiry pipeline into firm orders. Commentary on segmental performance, especially the pace of recovery in Process Automation and the sustainability of growth in Robotics and Motion, will be important.
Live: Can bulls continue to dominate as most global markets remain shut for holiday? | Opening Bell
Global cues remain mixed as investors track inflation signals, geopolitics and central bank commentary. U.S. markets were shut on Monday for Presidents Day, while several Asian markets including Korea, Singapore, China and Hong Kong remained closed for the Lunar New Year.
Focus now shifts to U.S.–Iran nuclear negotiations in Geneva, the Fed minutes due on Wednesday and the crucial Core PCE inflation reading on Friday. Treasury yields have slipped after a slightly softer CPI print, gold has surged over 2% on renewed rate-cut hopes, while oil remains steady as traders assess OPEC+ supply dynamics and the impact of U.S.–Iran talks. The dollar is flat, with the yen eyeing a strong weekly gain.
Back home, Indian markets staged a recovery with the Nifty reclaiming 25,650, even as GIFT Nifty signals a cautious start. European markets closed higher after key takeaways from the Munich Security Conference, while Asian markets opened on a guarded note.
Join us on Moneycontrol as our expert panel decodes the road ahead:
Aishvarya Dadheech, Founder & CIO, Fident Asset Management
Shrikant Chouhan, Head Equity Research, Kotak Securities
Ashutosh Sharma, Head of Forrester Research India
Gautam Duggad, Head of Research, Institutional Equities, Motilal Oswal Financial Services
Gulam Zia, International Partner & Senior Executive Director – Research, Advisory, Infrastructure & Valuation, Knight Frank India
Stay tuned for sharp market insights, sectoral strategies, global macro trends and what it all means for investors today.
Clean Max IPO set to deliver multifold gains to promoters, early investors
Clean Max specialises in delivering net-zero and decarbonisation solutions. As of July 2025, it had 2.54 GW of operational, owned and managed capacity and 2.53 GW of contracted capacity yet to be executed.
First Tick: Top global cues to watch in today’s trade
FIIs) remained net sellers for the second consecutive session on February 16, offloading equities worth ₹972 crore. In contrast, DIIs continued to lend support to the market, extending their buying streak to a third straight day by purchasing equities worth ₹1,667 crore.
Gold holds near $5,000 as Lunar new Year holiday mutes trade
The metal had rallied briefly on Friday when modest US inflation data boosted the case for the Federal Reserve to trim interest rates.
Gaudium IVF & Women’s Health sets Rs 75-79/share band for Rs 165 crore IPO
Gaudium IVF & Women Health IPO | The public issue is a combination of fresh issue of 1.13 crore shares worth Rs 90 crore, and an offer-for-sale of 94.93 lakh shares amounting to Rs 75 crore.
Closing Bell: Second-day rally lifts Nifty above 25,700; Sensex gains 150 points
On the sectoral front, PSU Bank index up 2 percent, IT index up 1 percent, media index rises 0.6 percent, auto index up 0.5 percent, while metal down 1 percent and realty index down 0.3 percent. Adani Enterprises, ITC, Bharat Electronics, Infosys, L&T were among major gainers on the Nifty, while losers are Eternal, Trent, Hindalco Industries, Reliance Industries and Tata Steel. Nifty Midcap index rose 0.3% and smallcap index added 0.5%.
Brookfield-backed Clean Max Enviro Energy IPO to open February 23; issue size trimmed to Rs 3,100 crore - Check price band and more
CleanMax IPO | The company has fixed price band for the public issue at Rs 1,000-1,053 per share.
Daily Voice: Runaway market rally unlikely in 2026; FMCG recovery gradual but worst phase behind, says Shriram Life’s Ajit Banerjee
Ajit Banerjee expects fourth quarter to close the fiscal year on a firmer footing compared to the relatively softer first half. Overall earnings growth for FY26 is likely to be in the high single digits, with FY27 appearing more constructive, potentially delivering growth of around 15%.
Asia stocks seen muted on holiday trade, oil gains
Equity-index futures for Japan were a touch weaker, while shares opened higher in Australia
'Promoters don't want to over-leverage’: Reva Diamond CEO explains early IPO push will fund expansion
PNGS Reva Diamond Jewellery is launching a Rs 380 crore IPO to fund expansion, preferring equity over debt due to conservative promoters.
Trading Plan: Can Nifty 50 defend 25,600, Bank Nifty sustain above 60,400 amid likely consolidation?
The Nifty 50 may see consolidation as long as it trades below 25,750, with support placed at 25,600–25,500. Climbing and sustaining above 25,750 could open the door for a sharp rally.
Trade Spotlight: How should you trade Bharti Airtel, Finolex Industries, Mankind Pharma, Bank of Baroda, Power Grid Corporation, and others on February 17?
The market may see consolidation until it closes above the bearish gap of February 13. Below are some short-term trading ideas to consider.
Stocks to Watch Today: Lupin, Cochin Shipyard, Texmaco Rail, Highway Infrastructure, TVS Supply Chain Solutions, Seamec in focus on 17 February
Stocks to Watch, 17 Feb: Stocks like JSW Infrastructure, Cochin Shipyard, Lupin, Texmaco Rail & Engineering, Highway Infrastructure, TVS Supply Chain Solutions, and Seamec will be in focus on February 17.
Goldman Sachs buys additional 0.7 percent stake in Aye Finance on listing day
Aye Finance shares closed the first session at Rs 128.91, down 0.07 percent after hitting an intraday high-low of Rs 133.8-120.55.
European stock markets mixed, dollar up in subdued start to week
Markets were closed in Shanghai, Seoul and Taipei for the holiday, while Hong Kong and Singapore opened only for half-day sessions
Trade setup for February 17: Top 15 things to know before the opening bell
The Nifty 50 needs to fill the bearish gap of February 13 by decisively surpassing and sustaining above 25,750 for a move towards 26,000. Until then, consolidation with range-bound trading may continue, with crucial support placed at 25,500–25,470, according to experts.
FIIs net sell Rs 972 crores, DIIs net buy Rs 1667 crore on February 16
During the trading session, DIIs purchased shares worth Rs 13,121 crore and sold shares worth Rs 11,454 crore. In contrast, FIIs bought shares worth Rs 9,169 crore but sold shares totalling Rs 10,142 crore.
Shree Ram Twistex IPO to open for public subscription on February 23
Shree Ram Twistex IPO | The public issue comprises an entirely fresh issue of 1.06 crore equity shares, with no offer-for-sale (OFS) component.
Motilal Oswal Alternates announces final close of Rs 8,500 crore for 5th private equity fund
The private equity fund has made 51 investments and completed 24 successful exits till date, generating approximately USD 1 billion in liquidity.
Q3 results impact: GMR Airports shares surge 7%, FirstCry down 11%
Q3 results impact: Earlier during the day, FirstCry shares dropped more than 12% to hit a fresh 52-week low.
Sundaram AMC launches USD-denominated India midcap fund in GIFT City
Sundaram AMC launched a USD-denominated offshore feeder fund via GIFT City’s IFSC, offering global investors access to India’s midcap growth.
Technical View: Bullish engulfing pattern signals further upside but VIX remains elevated; Nifty targets 25,800, 61,000 key for Bank Nifty record high
Weekly options data indicate that the Nifty 50 is expected to trade in the 25,500–26,000 range in the short term.
