Monday Market Outlook: The 320-Point GIFT Nifty Surge
Market Alert: Despite the new 15% US global tariff announcement, the GIFT Nifty is signaling a massive gap-up opening for Dalal Street this Monday morning.
The "Trump Reset" Explained
On February 21, President Trump announced a new 15% global tariff under Section 122 of the Trade Act. While "new taxes" usually scare markets, this is actually a reduction for India. Previously, some Indian goods faced combined tariffs as high as 18% to 25%. A flat 15% rate provides the "predictability" that global investors love.
Key Levels for Feb 23, 2026:
- GIFT Nifty: Trading at 25,886 (up 1.25%), suggesting a strong start.
- Immediate Resistance: 25,900 – 26,000 zone for the Nifty 50.
- Support Base: Analysts see strong support at the 25,500 level.
Sectors to Watch
With the "Trade War" uncertainty cooling down, export-heavy sectors like IT Services and Pharmaceuticals are expected to lead the rally. Additionally, banking stocks remain the backbone of the current uptrend as domestic institutional investors (DIIs) continue to support the market.
"Rules-based trade is back. Is your portfolio ready for the 26,000 mark?"
