Stock Market LIVE: GIFT Nifty signals positive open; KOSPI tumbles over 6%; Brent below $106
Business Standard 1 hr ago·13 Oct 2026, 2:22 am
Global markets are seeing mixed signals this morning, with Asian indices trading sharply lower while the GIFT Nifty points toward a positive open for Indian equities. The sharp decline in South Korea's KOSPI, driven by a fall in technology stocks, highlights the volatility investors are facing internationally. Meanwhile, Brent crude oil has slipped below the $106 mark, easing some concerns over inflation and input costs.
For Indian investors, this divergence suggests that while global headwinds persist, domestic sentiment remains relatively resilient. A positive GIFT Nifty indicates that domestic buyers are stepping in to support the market despite the weakness in other regions. This mix of global caution and local strength often leads to a choppy trading session.
Investors should keep a close watch on the opening trade of the Nifty50 and the movement in banking and IT stocks, as these sectors are sensitive to global cues. While the immediate outlook is cautiously optimistic, global trends will continue to influence intraday volatility.
Key takeaways
- Category: Economy.
- Flagged as a high-impact, market-moving story.
Why it matters
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