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Below Quote on Pre-market comment for Morning Outlook – 12th  February  2026 by Kailash Rajwadkar, Choice Broking

Indian equity markets are likely to begin trading on February 12 with a flat-to-negative bias, as GIFT Nifty signals an opening near 25,959, reflecting an early decline of around 37 points and indicating a cautious undertone at the start of the session.

In the previous session, the Nifty 50 opened with an 80-point gap-up but remained range-bound for most of the day, highlighting consolidation and indecisive sentiment among market participants. From a technical perspective, the index continues to encounter selling pressure in the 26,050–26,100 zone, while near-term support is seen between 25,800 and 25,850.

The Bank Nifty also started the session on a positive note with a 160-point gap-up, but slipped to an intraday low of 60,444.65 before recovering and settling at 60,745.35. This movement suggests buying interest at lower levels and indicates a mild intraday recovery. Technically, the index faces resistance in the 60,950–61,050 range, while support is located around 60,450–60,550. The daily RSI reading of 60.68 points to positive momentum, though it does not indicate overbought conditions.

In terms of institutional activity, FIIs continued their buying momentum for the fourth straight session on February 11, with net purchases worth ?943 crore, whereas DIIs shifted to selling mode, offloading equities worth more than ?125 crore.

Amid persistent global uncertainties and market volatility, traders are advised to adopt a disciplined and selective approach, focusing on fundamentally strong stocks during declines. Fresh long positions should be initiated only if the Nifty manages to sustain a breakout above the 26,000 level, which would signal a more stable and meaningful improvement in overall market sentiment.

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