Divya Delhi:  Markets are pessimistic due to dampened company profits, economic slowdown concerns, and Foreign Portfolio Investor outflows, according to experts. As February derivatives expire, investors are watching market moves for trends. According to Ajay Bagga, Banking and Market Expert, "Indian markets are pessimistic due to muted earnings, economic slowdown, and FPI outflows." Banking stocks usually rise when the RBI lowers households' credit risk weights. Financial prices already reflect MFI loan drag. Today's February expiries must be monitored. Overall, dense dark clouds with sun peeking through. At the opening bell, the NSE showed mixed sector trends. The Nifty Auto, Media, Metal, and Realty indices opened in the red, while other sectors opened positively. The Nifty 50 opened with 26 gains, 23 losses, and one unchanged. Early activity saw Shriram Finance, Bajaj Finance, and IndusInd Bank rise, while Ultratech Cement, Bajaj Auto, Grasim, and Trent fell. Axis Securities Research Head Akshay Chinchalkar “The nifty and India vix fell for the sixth day, suggesting investors may think the downside is limited in the near term. However, Tuesday's comeback faltered and produced a candle with a long upper shadow, indicating strong overhead opposition. Bulls require a daily close above 22720 to challenge next resistance between 23050 and 23280. Support is between 22370 and 22500. As global and domestic variables influence market movements, investors are concerned about the near term. The emphasis now moves to how the markets will handle February expiration and whether purchasing interest can sustain gains amid economic concerns.