Stock Market Today LIVE: GIFT Nifty signals positive start for Sensex, Nifty

Global financial markets navigated a complex web of geopolitical developments, surging bond yields, and regional currency fluctuations on Monday, 12 October 2026, as GIFT Nifty signaled a positive start for Sensex and Nifty. Trading desks across Asia and the West digested fresh updates regarding international energy supplies, brewing corporate earnings reports, and central banking meetings. While equities managed to claw higher following a winning week for major Wall Street averages, investors remained watchful of ongoing conflicts in West Asia and Eastern Europe that continue to exert upward pressure on commodity costs and borrowing constraints.

The positive sentiment in early Indian trade builds upon a strong Friday finish, where the Nifty climbed to 22,520.45 points and the Sensex advanced to 72,472.33 points, according to Indiaipo. Across Asian bourses, performance was mixed. Japanese markets were closed for a holiday, while South Korea's Kospi faced downward pressure, slipping notably amid regional currency shifts. According to Cnbc, the South Korean won strengthened to a two-year high against the greenback, driven by local corporate selling and shifting oil dynamics. Meanwhile, regional figures such as Thailand's Finance Minister Ekniti Nitithanprapas outlined plans during the International Monetary Fund and World Bank annual meetings to narrow the nation's budget deficit below three percent of gross domestic product over the coming years.

Media additions

Energy markets experienced downward movement as traders reacted to diplomatic interventions. International benchmark Brent crude futures for December delivery dropped to $102.99 a barrel, while U.S. West Texas Intermediate futures for November declined to $90.09 per barrel, according to CNBC. These drops followed remarks from U.S. President Donald Trump declaring an immediate energy ceasefire between Russia and Ukraine, preventing strikes on mutual energy facilities. Furthermore, reports indicated Russia would supply millions of tons of diesel to global markets under a freshly brokered arrangement. Geopolitical friction persisted elsewhere as Washington weighed potential military backing for Saudi Arabia following a deadly Houthi attack on Riyadh's international airport.

The macroeconomic backdrop remains defined by restrictive borrowing costs. The U.S. 10-year Treasury yield hovered at 5.24%, maintaining multi-year highs not witnessed since 2002. Equity analysts emphasize that corporate earnings resilience will dictate whether markets can absorb these elevated yields. According to CNBC, FactSet data projects a substantial earnings expansion for the S&P 500 in the third quarter, largely propelled by ongoing artificial intelligence infrastructure investments and data center buildouts.

Investors have kind of narrowed in on some of the important aspects, said Brian Leonard, portfolio manager of Keeley Gabelli Small Cap Dividend Fund, via CNBC, questioning whether individual enterprises can successfully protect and grow profit margins amidst turbulent cost pressures.

Corporate developments also drew scrutiny in technology supply chains. Taiwan's Foxconn experienced share price declines following news that the United States International Trade Commission initiated a Section 337 patent infringement investigation against several entities, based upon a complaint filed on behalf of Vicor Corporation regarding vertical power delivery systems. This regulatory scrutiny coincided with Foxconn reporting a strong jump in third-quarter revenue driven by robust artificial intelligence demand.

What to Watch Next

• Earnings Releases: Major financial institutions including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo are scheduled to report quarterly results this week.
• Inflation Metrics: The United States consumer price index for September is due on Wednesday, followed by the producer price index on Thursday.
• Central Banking and Diplomacy: Global monetary officials are convening for the annual meetings of the International Monetary Fund and World Bank, while markets monitor developments surrounding Middle Eastern security and energy supply corridors.