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Gift Nifty was slightly higher, Asian markets inched down
13-Oct-26 08:30Hrs IST

Local stock markets may see a muted start today. The Gift Nifty April 2026 futures have edged up 0.07 points, hinting at a positive opening for the benchmark index today. The domestic equity market closed on a weak note in last session, with BSE Sensex and Nifty 50 a tad lower.The BSE Sensex has slipped 2.81% over the last one month, while the NSE Nifty has drifted lower 3.27% over the same period.


In Asia today, sentiment was pessimistic. China’s SSE Composite Index posted modest losses of 1.06% while Japan’s Nikkei 225 edged lower 2.52%. Hong Kong’s Hang Seng Index drifted lower 0.86%.


Foreign portfolio investors (FPIs) sold shares worth Rs 1,708 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,045 crore in the Indian equity market on 12 October 2026, provisional data showed.


Overnight on Wall Street, stocks posted modest losses across the board. The Dow Jones Industrial Average was modestly higher by 195.60 points, or 0.38%, and closed at 51871.55. The S&P 500 slipped 0.05% to end at 7828.79, and the NASDAQ Composite slipped 0.42% to 27271.03.


Yesterday, the S&P BSE Sensex eased 547.65 points or 0.76% to 71924.68. The Nifty 50 index slipped 157.10 points or 0.70% to 22363.35. Dr Reddys Laboratories Ltd was top gainer in Nifty 50 yesterday, edging up 2.71% to Rs 1229.40. The stock has inched higher around 1.43% in last one-week and is lower 10.47% over last one-month.


In sectoral indices, only Nifty Media index edged up yesterday, adding 4.60% on the day.


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