Indian benchmarks staged a robust comeback on Friday, shrugging off recent losses. Sensex gained 0.38% to 82,814.71, while Nifty advanced 0.46% to 25,571.25. This uptick follows a steep 1%+ decline earlier, highlighting the market’s ability to rebound swiftly.
Looking ahead, the upcoming week promises heightened activity. U.S. tariff policies, potentially influenced by Trump-era decisions, remain a major watchpoint. Investors are assessing how any tariff-related legal moves or policy tweaks could disrupt global supply chains and affect India’s export-driven sectors.
At home, all eyes are on the GDP data release scheduled for February 27. This new series quarterly estimate, coupled with fiscal budget figures, forex reserves updates, and YoY infrastructure output, will shape perceptions of economic momentum.
From a charting perspective, Nifty faces resistance at 25,800, with further hurdles at 26,000-26,200. Supports are firm at 25,300-25,100; a slip below 25,000 might unleash bearish forces.
The February F&O expiry on the 24th could amplify swings as positions unwind. Broader markets showed divergence: midcaps up 0.44%, smallcaps down 0.19%.
FPI flows turned encouraging, with net purchases in most recent sessions. Cumulative February investments hit ₹16,911.55 crore, including significant primary market activity.
Analysts predict a choppy week ahead, blending global trade tensions, economic data reveals, and expiry volatility. Yet, opportunities in individual stocks could drive selective gains amid the noise.