Nifty 50, Sensex today: What to expect from Indian stock market in trade on February 19

By Admin

19 Feb, 2026

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Thursday, February 19, tracking strong global market cues. Positive momentum in global equities and steady derivatives data are supporting bullish sentiment at the start of trade.

The trends on Gift Nifty also indicate a positive start for the domestic benchmark index. The Gift Nifty was trading around the 25,853 level, a premium of nearly 25 points from the Nifty futures’ previous close, signaling a firm opening for Indian equities.

On Wednesday, the market extended gains for the third consecutive session amid choppy trade. The Nifty 50 closed above the 25,800 mark, reflecting sustained buying interest.

The Sensex rallied 283.29 points, or 0.34%, to close at 83,734.25, while the Nifty 50 gained 93.95 points, or 0.37%, to settle at 25,819.35.

Here’s a detailed look at what to expect from Sensex, Nifty 50, and Bank Nifty in today’s session.

Sensex Prediction

The Sensex took support near the 83,400 zone and reversed sharply, forming a bullish candle on the daily charts   a positive technical signal.

Shrikant Chouhan, Head Equity Research at Kotak Securities, said the short-term support has shifted higher from 83,000 to 83,300.

As long as the Sensex trades above 83,300, the uptrend formation is likely to continue. On the higher side, the 84,700 – 85,000 zone is expected to act as an immediate resistance area for traders.

However, a breach below 83,300 could alter the short-term sentiment. In such a scenario, traders may consider exiting long trading positions.

Nifty OI Data: Range-Bound Bias

In the derivatives segment, heavy put writing at 25,700 and call writing at 26,000 suggest a range-bound bias in the near term.

Hitesh Tailor, Research Analyst at Choice Equity Broking, noted that overall sentiment has strengthened moderately. Declining volatility and strong closing levels are providing support. However, a confirmed breakout above key resistance zones is essential to signal a sustained upward trend beyond the ongoing consolidation phase.

Nifty 50 Prediction

The Nifty 50 formed a reasonable bullish candle on the daily chart with a long lower shadow, indicating buying interest at lower levels.

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, stated that this market action indicates a breakout of crucial gap resistance at 25,750 levels. The previous bullish upside gap from February 3 remains partially filled, which is considered a positive technical sign.

According to Shetti:

• Immediate support is placed at 25,650
  
  

• Upside targets are seen at 26,000 and 26,350 in the near term
  
  

Om Ghawalkar, Market Analyst at Share.Market, highlighted that the long lower shadow reflects aggressive buy-on-dips activity. The cooling India VIX, down 4.9%, is supporting market stability.

However, Nifty faces a supply zone near its 50-day Simple Moving Average (SMA). A decisive move above the 25,900 hurdle is necessary to trigger a fresh rally towards 26,100. On the downside, failure to hold 25,600 could drag the index towards the 25,500 base.

Ponmudi R, CEO of Enrich Money, added that the MACD remains in positive crossover territory, reinforcing recovery momentum. Yet, visible supply absorption in the 25,850 – 25,900 zone makes it an immediate resistance band.

Key levels for Nifty 50:

• Immediate resistance: 25,850 – 25,900
  
  

• Immediate support: 25,650
  
  

• Stronger demand zone: 25,600 – 25,550
  
  

As long as Nifty 50 sustains above these support levels, the broader bias remains mildly positive.

Bank Nifty Prediction

The Bank Nifty index ended 376.80 points, or 0.62%, higher at 61,550.80 on Wednesday, extending gains for the third consecutive session. The index has sustained its consolidation breakout on the daily chart.

Sudeep Shah, Head – Technical and Derivatives Research at SBI Securities, said:

• Immediate resistance: 61,800 – 61,900
  
  

• Breakout above this zone could push the index to 62,300 and then 62,700
  
  

• Immediate support: 61,100 – 61,000
  
  

According to Bajaj Broking, Bank Nifty is likely to maintain a positive bias in the near term as long as it holds above the breakout zone. Trading above its key moving averages reinforces prevailing momentum.

The brokerage sees:

• Immediate resistance at 61,750 and 62,000
  
  

• Support levels shifted higher to 61,150 and 60,800
  
  

A decisive breakout above resistance could accelerate the ongoing uptrend, while strong demand continues to emerge at elevated levels.

Market Outlook for February 19

Overall, technical indicators suggest a cautiously optimistic start for Indian equities. Strong global cues, cooling volatility, and bullish candle formations are supporting sentiment. However, indices remain near key resistance zones.

A confirmed breakout above resistance levels in Sensex, Nifty 50, and Bank Nifty will be crucial to sustain the rally. Until then, traders may expect consolidation with a positive bias.

Investors should closely monitor support levels and global market developments for directional cues during the session.

Disclaimer: The views and recommendations mentioned above are those of individual analysts or broking companies and not of Mint. Investors are advised to consult certified financial experts before making any investment decisions.