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The GIFT Nifty trades at 25,270, up 44.50 points or 0.18%, around 8:09 am, indicating a mildly positive start for the domestic benchmark indices, Sensex and Nifty.
GIFT Nifty Today.
GIFT Nifty Today, November 12: The Indian stock market is likely to open on a positive note on Thursday, November 12, tracking firm cues from Asian markets and gains in GIFT Nifty. The GIFT Nifty was trading at 25,270, up 44.50 points or 0.18%, around 8:09 am, indicating a mildly positive start for the domestic benchmark indices, Sensex and Nifty.
Investors will remain focused on India’s October retail inflation data, scheduled to be released today after market hours, which could influence market expectations around the Reserve Bank of India’s (RBI) monetary policy trajectory. The inflation print assumes significance following the recent acceleration in price pressures and the RBI’s shift towards a calibrated tightening stance after its October rate hike.
Ponmudi R, CEO of Enrich Money, said, “Indian equity markets are likely to open on a steady note, with investors keeping a close watch on the October CPI inflation data scheduled for release later today.”
He added that a higher-than-expected inflation reading could reinforce concerns over further monetary tightening, while a softer print may provide some relief to market sentiment.
Crude Oil Prices Provide Some Relief
Crude oil prices declined on Thursday, easing some concerns over India’s macroeconomic outlook and external balance. Brent crude futures fell 1.2% to $91.62 per barrel, while US West Texas Intermediate (WTI) crude slipped 1.2% to $85.49 per barrel in early trade.
Oil prices came under pressure amid hopes of progress in diplomatic efforts to resolve the Russia-Ukraine and Middle East conflicts. However, uncertainty surrounding the Strait of Hormuz continues to limit the downside in crude prices.
Asian Markets, Wall Street Cues
Asian markets opened on a mixed but broadly steady note on Thursday. Japan’s Nikkei 225 gained around 0.5%, while South Korea’s Kospi advanced 0.2%. Taiwanese shares also rose 0.5%, although Hong Kong equities weighed on the broader regional market sentiment.
On Wall Street, US equities ended higher on Wednesday, with the S&P 500 gaining 1.3%, supported by renewed optimism around artificial intelligence-related stocks and positive developments in the technology sector.
However, sentiment remained cautious in overnight trading, as Nvidia shares plunged more than 8% in after-hours trade, dragging S&P 500 futures down around 0.4%.
Meanwhile, the US dollar remained firm, with the dollar index trading around 102.87, as traders reassessed the possibility of another Federal Reserve rate hike in December.
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Ask News18The GIFT Nifty rose 44.50 points to trade at 25,270, tracking firm cues from Asian markets and gains that indicated a mildly positive opening for Indian benchmark indices Sensex and Nifty on Thursday, November 12, 2026.
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Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalis…Read More
November 12, 2026, 08:15 IST
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