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Indian Markets Poised for Positive Open Amid Global Mixed Signals
12 Oct
Summary
- Indian stock market expected to open positively on October 12, 2026.
- Markets ended an eight-week losing streak with modest gains last week.
- RBI's repo rate hike to 5.50% introduces policy tightening concerns.
The Indian stock market is anticipated to commence trading on Monday, October 12, 2026, with a positive outlook, as suggested by GIFT Nifty's performance. This follows a week where domestic equity markets successfully halted an eight-week losing trend, achieving marginal gains.
Last week's recovery was bolstered by declining crude oil prices and favorable corporate announcements. The BSE Sensex concluded the week up 0.78% at 72,472.33, and the NSE Nifty saw a 0.44% increase, settling at 22,520.45. Benchmark indices rebounded on Friday, with the Sensex surging 879.09 points and the Nifty advancing 288.65 points.
Despite the recent gains, market analysts note that a broad-based recovery is not yet assured. The Reserve Bank of India's decision to raise the repo rate by 25 basis points to 5.50% and its shift to a 'calibrated tightening' stance have heightened volatility. Investors are closely monitoring macroeconomic indicators and foreign fund flows for signs of a sustained trend reversal.
US markets closed higher on Friday, with the Dow Jones, S&P 500, and Nasdaq all posting weekly gains, as investors awaited earnings reports and crucial inflation data. Asian markets, however, opened mixed on Monday.
