GIFT Nifty signals negative opening; Asian markets show mixed dynamics; Brent Crude exceeds $91

The early indicator for the Nifty50 index, known as GIFT Nifty, showed a slight increase. According to data from August 12, 2026, GIFT Nifty signaled a moderate opening for the Nifty50 benchmark, valued at 24,547 points, which is 6 points higher.

Asian markets traded with mixed sentiment. This followed a decline on Wall Street the previous day, as traders await the release of US Consumer Price Index data for July, expected later in the day. Specifically, the Korean Kospi rose by 1.94 percent, while the Hong Kong Hang Seng fell by 1.10 percent.

Wall Street trading closed lower the day before: the Dow Jones Industrial Average and S&P 500 fell by 0.34 and 0.32 percent, respectively. The Nasdaq Composite index also closed down by 0.6 percent.

Oil prices continued to rise, approaching the $90 per barrel mark, amid a stalemate in negotiations over the Strait of Hormuz. August futures traded at $89.55, representing a 0.72 percent increase. Additionally, gold and silver futures showed gains of 0.34 percent and 0.49 percent, respectively.

First Quarter Results Today

Among the companies that presented their first-quarter results are 63 Moons Technologies, Abbott India, AIA Engineering, Apollo Hospitals, Arvind, Astral, Bliss GVS Pharma, Caplin Point Laboratories, DCX Systems, Dev Accelerator, EID Parry India, EMS, Eureka Forbes, Fiem Industries, Gujarat Fluorochemicals, General Insurance Corporation of India, Globe Civil Projects, GMR Airports, Gujarat Pipavav Port, Grasim Industries, Gujarat State Fertilizers & Chemicals, Hindustan Aeronautics, H.G. Infra Engineering, Hindustan Oil Exploration Company, Hindware Home Innovation, Hi-Tech Pipes, Indo Count Industries, India Glycols, Indian Hume Pipe Company, Indiqube Spaces, IRCON International, IRCTC, Jagran Prakashan, Jyothy Labs, Kirloskar Industries, La Opala RG, Man Infraconstruction, Marksans Pharma, MIDHANI, Motisons Jewellers, MTNL, National Fertilizers, Petronet LNG, Religare Enterprises, Sansera Engineering, Scoda Tubes, Shalby, Shringar House of Mangalsutra, Shriram Properties, SKF India, Somany Ceramics, Sudarshan Chemical Industries, Sun TV Network, Tasty Bite Eatables, Titagarh Rail Systems, Tata Motors, Vadilal Industries, Vesuvius India, VIP Industries, VA Tech Wabag, West Coast Paper Mills, and Yatra Online.

IPOs Today

Initial Public Offerings (IPOs) for Behari Lal Engineering and Shiprocket will open for subscription on Wednesday. IPOs for Q&T Foods and Pramodini Medicare will also be available for subscription. The Milky Mist Dairy Food IPO is in its second day of subscription, with an offering size of 1,553 crore rupees. The second day of subscription opens for Sham Foam and Fascinate Textiles IPOs. The initial public offerings of Dhoot Transmission and Molbio Diagnostics will also open on the second day, aiming to raise 3,066.89 crore and 939.70 crore rupees, respectively.

IPO Listings Today

The Grey Market Premium (GMP) for Technocraft Ventures remained unchanged, while the GMP for LEAP India indicated a potential listing gain of 8.18 percent.

Most Asian Markets Are Rising

Asian markets showed a mixed trading picture, driven by the decline on Wall Street the previous day as traders awaited the release of US Consumer Price Index data for July. Consequently, the Korean Kospi increased by 4.3 percent, while the Hong Kong Hang Seng dropped by 1.2 percent.

US stock futures traded steadily during Asian hours as investors anticipated the release of the July Consumer Price Index (CPI) data. Dow Jones futures fell by 0.02 percent, and S&P 500 futures rose by 0.04 percent. As mentioned earlier, the Dow Jones Industrial Average and S&P 500 closed lower the previous day by 0.34 and 0.32 percent, respectively, and the Nasdaq Composite fell by 0.6 percent.

GIFT Nifty signaled a possible negative opening for the Nifty50 index, while most Asian markets showed growth. This signal emerged against the backdrop of diminished hopes for an agreement between the US and Iran.

GIFT Nifty futures traded at 24,617.50 points, which is 43 points lower. The rise in Asian markets was driven by investors analyzing the situation in the Middle East and events that occurred on Wall Street overnight.

In Hong Kong, the Hang Seng index increased by 0.42 percent, and in South Korea, the Kospi index rose by 0.32 percent. Overnight, the Dow Jones Industrial Average and S&P 500 indices closed down by 0.11 percent and 0.06 percent, respectively. The Nasdaq Composite finished trading with a decline of 0.32 percent.

Oil prices rose due to concerns about future supply. U.S. oil reserves fell below 300 million barrels, the lowest level since 1983, occurring amidst signs of a stalemate between the US and Iran. August futures traded at $87.80 per barrel on the Intercontinental Exchange, showing a rise of 0.09 percent.

Gold and silver futures also showed gains: gold rose by 1.51 percent, and silver by 2.02 percent.

First Quarter Results Today

The list of companies reporting their first-quarter results includes Arkade Developers, Ashiana Housing, Ashoka Buildcon, Balrampur Chini Mills, Bata India, Borana Weaves, AvenuesAI, Confidence Petroleum India, DAM Capital Advisors, Delta Corp, EPL, Esab India, Finolex Cables, Flair Writing Industries, Gokaldas Exports, Gujarat Energy, Harsha Engineers International, Hind Rectifiers, IFCI, Innova Captab, Insecticides (India), ISGEC Heavy Engineering, Jash Engineering, JNK India, JSW Dulux, KPI Green Energy, Kalpataru Projects International, Landmark Cars, Lloyds Enterprises, Manappuram Finance, Man Industries (India), MRF, NBCC (India), PI Industries, Polyplex Corporation, Precision Camshafts, Repco Home Finance, RHI Magnesita India, Rail Vikas Nigam, Sandhar Technologies, Som Distilleries & Breweries, Senco Gold, Siemens, SKF India, Skipper, S.P. Apparels, Sunflag Iron & Steel Company, Surya Roshni, TARC, TCPL Packaging, TD Power Systems, Techno Electric & Engineering Company, Unichem Laboratories, Venky's (India), Viyash Scientific, and Zydus Lifesciences.

IPOs Today

The subscription for the Initial Public Offering (IPO) of Milky Mist Dairy Food, valued at 1,553 crore rupees, is scheduled to begin on Tuesday. The second day of subscription will be open for Dhoot Transmission and Molbio Diagnostics, aiming to raise 3,066.89 crore and 939.70 crore rupees, respectively. The final subscription day is set for LEAP India and Technocraft Ventures, whose offerings are valued at 251.88 crore and 2,480 crore rupees. Additionally, Optimystix Entertainment is included in the final subscription day, aiming to raise 108.50 crore rupees from the primary market.

Asian Markets Show Growth

As mentioned, Asian markets were rising as investors assessed the Middle Eastern situation and events that took place on Wall Street overnight. The Hang Seng index in Hong Kong grew by 0.42 percent, and the Kospi in South Korea increased by 0.32 percent.