Archive · 12 Oct 2026
GIFT Nifty Signals Flat Start as Investors Assess Rebound
GIFT Nifty suggested that India’s stock market might begin Monday with little change.
Investors were watching to see if Friday’s big rise in shares could keep going.
They were also concerned about money leaving the market, high oil prices and a weaker rupee.
Oil was trading around $90 to $91 a barrel, and the rupee was near 96.73 to the US dollar.
The article said these factors could make things harder for India’s economy and markets.
Investors were also watching developments involving the United States and Iran.
Asian markets did not all move the same way: South Korea’s market fell, while Japan’s market was closed for a holiday.
GIFT Nifty was at 22,625.5, up 23 points or 0.10%, at about 7:12 a.m. on Monday, October 12.
The reading pointed to a muted start for Indian equities as investors assessed whether Friday’s rebound could continue.
Persistent foreign institutional investor outflows, elevated oil prices and a weaker rupee were cited as pressures on sentiment.
WTI crude was around $90–91 a barrel, while the rupee was near 96.73 against the US dollar.
Asian markets were mixed: South Korea’s KOSPI fell more than 1% early, while Japan’s Nikkei 225 was closed for a holiday.
- Who
- Indian equity investors and market participants, including analyst Ponmudi R of Enrich Money.
- What
- GIFT Nifty indicated a muted start for Indian equities as investors assessed Friday’s rebound and economic pressures.
- When
- Monday, October 12, 2026; the GIFT Nifty level was reported at about 7:12 a.m. IST.
- Where
- India, with regional market cues from Asia.
- Why
- Investors were weighing the sustainability of Friday’s rebound alongside foreign investor outflows, elevated crude prices, rupee weakness and Middle East developments.
- GIFT Nifty
- 22,625.5, up 23 points or 0.10% at about 7:12 a.m.
- Market outlook
- A muted start was signalled for Indian equities.
- WTI crude
- Trading around $90–91 a barrel.
- Rupee
- Hovering near 96.73 against the US dollar.
- South Korea
- KOSPI fell more than 1% in early trade.
- Japan
- Nikkei 225 was closed for a holiday.
- Key concerns
- Foreign institutional investor outflows, high oil prices, rupee weakness and uncertainty around US–Iran diplomacy.