# Trump Tariffs to GDP Data, F&O Expiry: 5 Big Stock Market Triggers That Could Make!

URL: https://technosports.co.in/trump-tariffs-to-gdp-data-fo-expiry-5-big-stock-market/  
Published: 2026-02-22  
Updated: 2026-02-22  
Author: Reetam Bodhak

The Indian stock market closed last week on a cautiously optimistic note — but don’t let Friday’s bounce fool you. The week ahead is packed with high-impact events that could swing sentiment in either direction. From Trump’s tariff moves to India’s GDP print, here are the **five key triggers** every investor needs to watch right now.

## Indian Share Market: Last Week’s Scorecard

| Index | Change | Closing Level |
| --- | --- | --- |
| **Sensex** | +317 pts (+0.38%) | 82,814.71 |
| **Nifty 50** | +117 pts (+0.46%) | 25,571.25 |
| **BSE 150 MidCap** | +0.44% | Positive |
| **BSE 250 SmallCap** | -0.19% | Mixed |

Markets recovered sharply on February 20 after two sessions of 1%+ losses, driven by value buying in fundamentally strong stocks that had recently corrected. Sentiment was positive early in the week but turned cautious as volatility crept back into the final sessions.

## 5 Triggers to Watch This Week

**1. Trump’s Global Tariff Announcements** This is the number one wildcard. Any escalation in Trump’s tariff stance — particularly against Asia-facing exports — could spike FII outflows and pressure rate-sensitive sectors. Markets will react instantly to any new developments out of Washington.

**2. India GDP Data Release** India’s Q3 GDP figures drop this week and the Street is watching closely. Strong GDP growth would support earnings momentum and give bulls fresh ammunition. A disappointment, however, could weigh on broader market positioning heading into March.

![](https://technosports.co.in/wp-content/uploads/2026/02/image-1458.png)

**3. F&O Monthly Expiry** Monthly futures and options expiry typically brings heightened volatility and sharp intraday swings. Expect option writers to defend key Nifty levels — 25,500 on the downside and 25,800 on the upside — as positions get squared off.

**4. US-Iran Tensions & Crude Oil Prices** Rising geopolitical tension between the US and Iran directly impacts crude oil prices, which in turn affects India’s import bill and inflation outlook. Any crude spike above $85/barrel could revive inflation fears and dampen RBI rate cut expectations.

**5. Global Monetary Signals** Fed commentary and global central bank cues remain critical. Any hawkish surprise could trigger risk-off selling across emerging markets, with India being no exception given elevated FII caution in recent weeks.

## Expert View

Vinod Nair, Head of Research at Geojit Investments, believes markets are likely to trade within a range, with domestic macro fundamentals providing a cushion against global headwinds. Ajit Mishra of Religare Broking noted that while the week ended with modest gains, volatility in the final sessions turned participants cautious.

For a deeper understanding of how [stock market indices](https://en.wikipedia.org/wiki/Stock_market_index) work and what moves them, this is a great starting point.

Stay ahead of every market move with real-time updates and expert analysis at [TechnoSports](https://technosports.co.in).

## FAQs

### **Q: What are the top triggers for the Indian stock market this week?**

The five key triggers are Trump’s tariff announcements, India’s GDP data release, monthly F&O expiry, US-Iran tensions affecting crude oil, and global central bank monetary signals — all of which could drive sharp moves in Nifty and Sensex.

### **Q: Where did Nifty and Sensex close on February 20, 2026?**

The Nifty 50 closed at 25,571.25 (up 117 points) and the Sensex settled at 82,814.71 (up 317 points) after recovering strongly from sharp losses in the previous two sessions.