Indian equity markets are poised for a cautious opening on February 17, tracking mixed global cues and softer trends in early Asian trade. Despite a strong rebound in the previous session, early indicators suggest a negative start for the benchmarks.GIFT Nifty Signals Weak Opening
The GIFT Nifty was trading lower at around 25,641 in early trade, indicating a subdued start for the domestic markets.On February 16, Indian benchmark indices snapped a two day losing streak and ended higher in a volatile session. The rebound was driven by strong buying in power, energy, realty, and financial stocks.At close:The Sensex gained 650.39 points or 0.79 percent to settle at 83,277.15
The Nifty advanced 211.65 points or 0.83 percent to close...