Stock Market Today, Outlook
Stock Market Today: Oil, Tensions, and Tumbling Markets- Is Sensex on a Rollercoaster?
Hold on tight, investors! The Indian stock market seems set to give a bumpy end to the week, making it a tense weekend ahead. Sensex and Nifty 50 are expected to open lower, with the Gift Nifty trading around 25,415-a nearly 30-point discount from yesterday’s close-hinting at a sluggish start.
Thursday was a gut-punch for traders:
Sensex plunged 1,236 points while Nifty 50 slid 365 points, ending a three-day winning streak. The culprit? Escalating US-Iran tensions over nuclear negotiations, which have investors worldwide biting their nails. With the threat of military conflict looming, caution has replaced optimism in every trading room.
And the drama doesn’t stop there-oil prices are climbing too. Brent crude surged to $71.78 per barrel, the highest in months, stoking fears of costlier fuel and rising inflation. If Thursday was a teaser, Friday is shaping up to be a full-blown thriller, leaving investors on edge as the weekend approaches.
Gift Nifty trading around 25,415, nearly 30 points below previous close- indicates a negative start.
Notable movers:
The world should prepare for imminent events, as Donald Trump has given Iran 10 to 15 days to negotiate its nuclear program. Tehran responded by threatening to launch attacks against US military installations if hostilities are initiated. Market unrest has heightened investor anxiety, resulting in elevated global risk perception. Traders are left asking: will this be a brief security incident, or could it develop into a prolonged conflict that pushes both oil prices and fear levels higher? In this geopolitical thriller, caution is essential, as it remains the only prudent approach to navigating the situation.
On Thursday, Nifty 50 showed unexpected movement, forming a large bearish candle that brought the index down to the 25,500 level. The short-term trend reversed as the index dropped below 25,400, leading to further losses toward the 25,200–25,100 range.
Key levels: The 100-DMA at approximately 25,700 serves as resistance, while the 200-DMA at around 25,310 acts as support.
India VIX experienced a 12% increase, rising to 13.60. The VIX indicator serves as a warning for rising market volatility.
(With Inputs From Reuters)
Also Read: Will Mukesh Ambani’s Reliance And Jio Lead India’s AI Revolution? ₹10 Lakh…
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
Surat (Gujarat) [India], February 18: The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has…
Ahead of the Galaxy S26 launch, the Galaxy S24 is now available for Rs 40,494…
Gold and silver prices rebound on MCX with gold at ₹1,55,336/10g and silver at ₹2,43,703/kg.…
