GIFT Nifty predicted a negative start to trading for Nifty50 as global stock markets showed a downturn. Asian markets declined during early trading.
According to data from Thursday, October 15, 2026, GIFT Nifty indicated an expectation of a negative opening for Nifty50 against the backdrop of a general decline in global stocks, a fall in semiconductor stocks, and increased bets on further interest rate hikes in the US. Futures traded at 22,603.50 points, which was 46 points lower.
Asia-Pacific markets declined at the start of trading on Thursday morning, reflecting similar overnight movements in Wall Street indices after data was published showing that inflation in the US rose faster than expected. South Korea's Kospi plummeted by more than 7 percent, leading losses in the region. Japan's Nikkei 225 index fell by almost 5 percent.
Overnight, the Dow Jones Industrial Average and S&P 500 closed down by 0.09 percent and 1.11 percent, respectively. The Nasdaq Composite index finished trading down by 1.9 percent.
Brent crude oil prices fell by almost 2 percent as the US considered easing restrictions on the shadow fleet amid continued rising transportation costs due to persistent hostility in the strategic shipping route of West Asia. December futures traded at $104.21 per barrel on the Intercontinental Exchange, down 1.73 percent.
Gold and silver futures rose by 1.24 percent and 0.47 percent, respectively.
Second Quarter Results Today
Companies Angel One, HDFC Asset Management Company, HDFC Life Insurance Company, Nestle India, and Tech Mahindra will announce their results on Wednesday.
Initial Public Offerings Today
Subscriptions for initial public offerings (IPOs) of companies such as Tonbo Imaging India, Zetwerk, Bonfiglioli Transmissions, Sahajanand Medical Technologies, and Shellz India will open in the primary market. IPOs for Fusion CX and Ravita Engineering Services will enter the second day of subscription, and the Vaibhav Vyapaar IPO will begin its final day of trading on Thursday.
GIFT Nifty at 22,649
GIFT Nifty traded at 22,649 points, remaining unchanged.
Brent Crude Falls More Than 1%
Brent crude oil prices dropped by almost 2 percent as the US contemplated easing restrictions on the shadow fleet amid ongoing increases in delivery costs due to constant tension in the strategic maritime route of West Asia. December futures were valued at $104.21 per barrel on the Intercontinental Exchange, down 1.73 percent.
Asia-Pacific Markets Fall Amid Kospi Decline of Over 7%
Asia-Pacific markets declined at the start of trading on Thursday morning, following similar overnight movements in Wall Street indices after data showed accelerating inflation growth in the US. South Korea's Kospi fell by more than 7 percent, leading the decline in the region. Japan's Nikkei 225 index decreased by almost 5 percent.
US Index Futures Fall Due to Fears of Faster Rate Hikes
Following an unsatisfactory session on Wall Street, US index futures traded in a lower range during the Asian session, as the strong inflation report intensified fears of faster interest rate hikes in the US. Dow Jones and S&P 500 futures fell by 0.03 percent and 0.39 percent, respectively.


