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Stock markets open higher amid easing oil prices

  • On Monday, October 12, 2026, benchmark indices BSE Sensex and NSE Nifty climbed in early trade, with the BSE Sensex rallying 178 points to 72,627.86 and the NSE Nifty gaining 76.20 points to 22,591.45.
  • Easing energy costs provided support, as Brent crude declined 1.45% to $103.1 per barrel, extending Friday's sharp rally when the BSE Sensex jumped 1.23%.
  • Market breadth remained positive in early trade, with 2,120 stocks advancing against 466 declining on the NSE, while Bharat Electronics, Mahindra, Bajaj Finance, Trent, Tata Steel, and NTPC led the BSE Sensex pack.
  • Technical Research Analyst Deepesh Sarawagi noted the market setup appears "mildly constructive," though recovery may remain selective due to persistent FII selling and upcoming inflation data.
  • Domestic Institutional Investors remained buyers while Foreign Institutional Investors offloaded equities worth ₹3,568 crore on Friday, as investors brace for the earnings season amid volatile Asian markets.
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Social News XYZ broke the news on Monday, October 12, 2026.
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