Stock Market Today, 12 October 2026: GIFT Nifty, Sensex and Nifty Pre-Market Cues, FII DII Data and Stocks to Watch

NSE pre-market report · Data as of 8:15 AM IST · NSE and BSE open at 9:15 AM IST

Good morning, and welcome to your Monday pre-market chai. Last week finally gave the bulls something to smile about — the Nifty 50 and Sensex snapped an eight-week losing streak. So the big question for share market today is simple: was Friday a one-day bounce, or the start of something steadier? Here is what the stock market today is looking at before the bell — GIFT Nifty today is trading slightly higher, Asian markets are mixed, crude has cooled off, the FII DII data still shows heavy foreign selling, and with F&O expiry for Nifty landing tomorrow, option writers are already busy. India’s September retail inflation print is also due today. Let us go through it step by step, no jargon left unexplained.

1. Global Market Cues Today: US Markets, Asian Markets, Crude Oil and Rupee

Wall Street ended Friday on a firm note, capping a choppy week as traders positioned for the start of US earnings season.

Tech stocks recovered after Thursday’s wobble, telecom names slipped after SpaceX bought a spectrum block, and Delta Air Lines fell after trimming its 2026 profit outlook on high fuel costs. One housekeeping point: the US bond market is closed today for Columbus Day, though US stocks trade normal hours.

Asia is a mixed bag this morning. Japan is shut for a public holiday, so there is no Nikkei cue at all today.

Crude oil — the single biggest worry for Indian markets through September — has come off the boil, which is good news for an oil-importing country like India.

A stronger rupee and softer crude usually ease pressure on imported inflation. Cheaper oil also helps paint, tyre and aviation companies, whose raw material and fuel bills are linked to crude.

2. GIFT Nifty Today (SGX Nifty): The First Pre-Market Indicator

GIFT Nifty is the Nifty 50 futures contract that trades at GIFT City in Gujarat. It was earlier called SGX Nifty when it traded in Singapore. Because it trades for far longer hours than the NSE, it is the first clue traders get about how the Nifty may open.

A GIFT Nifty quote above Friday’s Nifty close points to a mildly positive start. Remember, this is an indicator, not a promise — the opening tick can swing either way once cash market orders come in at 9:15 AM.

3. Nifty 50 and BSE Sensex Today: Previous Close

Friday was a broad, feel-good session. Every NSE sector index except one closed green, and Nifty IT led the charge after TCS reported its September-quarter numbers.

In points, the Nifty added 98.50 for the week and the Sensex 562.63 — modest, but enough to end eight straight weekly losses. Two things helped: crude cooling off, and the RBI’s 7 October decision to raise the repo rate by 25 basis points to 5.50% (its first hike since February 2023, with a shift to a “calibrated tightening” stance) being digested without panic.

Market breadth was healthy, with advances comfortably ahead of declines on the NSE. India VIX, the index that measures how much volatility traders expect over the next 30 days, dropped about 6% to 14.36 — a sign nerves settled a bit. A low VIX usually means calmer expectations; a rising VIX means traders are bracing for bigger swings.

Nifty Support and Resistance Levels for Today

A quick word on Nifty prediction today: we do not make predictions here, and we do not give targets. What we can do is show you the levels market analysts say they are watching. These are for reference, not forecasts.

Support means a price zone where buyers have stepped in before. Resistance is where sellers have shown up. Levels are reference points on a chart, not guarantees — prices break through them all the time.

4. FII DII Data Today: Friday, 9 October 2026 (₹ Crore)

FII DII data today is where you see the tug-of-war in Indian markets. FIIs (foreign institutional investors) have been selling steadily for weeks; DIIs (domestic institutions — mutual funds, insurers, pension funds, fed largely by your SIPs) have been absorbing almost all of it.

Look at that weekly pair: FIIs sold ₹30,294 crore and DIIs bought ₹30,313 crore. Almost a perfect offset. That is the story of 2026 so far — domestic money quietly holding the floor. Friday’s FII outflow of ₹3,569 crore was also much smaller than Thursday’s ₹12,944 crore, which was the heaviest single-day foreign sell in the last 90 days.

5. Stocks in News Today: Stocks to Watch on 12 October 2026

These are the names in the news this morning, purely as factual observation — earnings, board meetings, corporate updates and big price moves. This is not a buy or sell list of any kind.

6. Key Events Today: India September CPI, Q2 Results and a US Holiday

• India CPI inflation for September 2026 is released today. August CPI came in at 4.82%, above the RBI’s 4% target, which is part of why the RBI hiked rates on 7 October. Today’s number tells us whether price pressure is still building.
• Q2 FY27 earnings continue with HCL Technologies, RBL Bank, ICICI Prudential AMC and Swaraj Engines.
• US bond market closed for Columbus Day; US equities trade normally.
• Tomorrow (13 Oct): Nifty weekly F&O expiry, and major US bank earnings kick off the American Q3 season.
• Wednesday: US CPI inflation data, closely watched for what the Federal Reserve does next after its September hike.
• Crude oil headlines and the Strait of Hormuz situation remain a live swing factor all week.

7. F&O Today: Nifty Expiry, Open Interest and F&O Ban List

F&O means futures and options — contracts whose value is derived from a stock or index. Here is this week’s expiry calendar:

Now the option chain data as of Friday’s close. First, the plain-English version of each term:

• Open Interest (OI) is the total number of F&O contracts still open and not yet settled. Rising OI means fresh money is coming into that strike price.
• PCR (Put Call Ratio) divides total put OI by total call OI. Above 1 generally means more puts are being written than calls, which traders read as a less fearful market. Below 1 is read the other way.
• Max pain is the strike price at which the largest number of option buyers would lose money at expiry. Option writers often have an interest in prices settling near it.
• MWPL (Market Wide Position Limit) is the maximum open interest allowed in a stock’s derivatives across the whole market.

In simple terms: the heaviest call writing sits at 23,000 and the heaviest put writing at 21,500, so those are the outer boundaries option writers have built this week. Max pain at 22,500 is right where the Nifty closed.

F&O ban list today. When a stock’s open interest crosses 95% of its MWPL, the exchange puts it in a ban period. During a ban you cannot open fresh F&O positions in that stock — you can only reduce or square off existing ones. The ban lifts once open interest falls back below 80%. The most recent published list, based on Friday’s positions, has two names:

A ban is a position-limit matter, not a verdict on the company. Do check NSE’s official ban list on nseindia.com before the open, since it is republished every session.

FAQs: Share Market Today (12 October 2026)

What is GIFT Nifty today?

GIFT Nifty was at 22,625.50 around 8:11 AM IST, up 38.50 points or 0.17%, against a previous close of 22,587. That points to a mildly positive start for the Nifty 50. It was earlier known as SGX Nifty.

What were the Nifty 50 and Sensex closing levels on 9 October 2026?

The Nifty 50 closed at 22,520.45, up 288.65 points or 1.30%. The BSE Sensex closed at 72,472.33, up 879.09 points or 1.23%. Both snapped an eight-week losing streak.

What are the Nifty support and resistance levels today?

Analysts are watching 22,600 and 22,750–22,800 as immediate resistance, with 23,000 above that. On the downside, 22,350–22,300 and 22,212 are the levels being tracked, then 22,100 and 21,800. These are reference levels on a chart, not forecasts.

What was the FII DII data for 9 October 2026?

FIIs were net sellers of ₹3,568.90 crore in the cash market and DIIs net buyers of ₹4,743.26 crore. For the full week, FIIs sold ₹30,294 crore while DIIs bought ₹30,313 crore.

When is the Nifty expiry this week?

Nifty weekly options expire on Tuesday, 13 October 2026. Sensex weekly options expire Thursday, 15 October 2026. The monthly F&O expiry falls on the last Tuesday of the month, 27 October 2026.

Which stocks are in the F&O ban list today?

The latest published list, based on Friday’s open interest, has LIC Housing Finance and Ambuja Cements. During a ban period, only position-reducing trades are allowed. Confirm on nseindia.com before the open, as the list changes every session.

Why did the RBI raise interest rates and what does it mean for the market?

On 7 October 2026 the RBI raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, and moved to a “calibrated tightening” stance because CPI inflation was running above its 4% target. Higher rates generally raise borrowing costs for companies and consumers, and markets will read today’s September CPI print for a clue on whether more tightening is on the table.

Data sources: NSE and BSE exchange data as reported by Kotak Neo, NiftyTrader, Business Standard, Upstox, Finology Ticker, TheStreet, Deccan Herald, 5paisa and investing.com. Levels are as of Friday, 9 October 2026 close and early Monday, 12 October 2026 pre-market quotes, and may be revised by the exchanges. GIFT Nifty and pre-market figures are snapshots and move continuously.

This report is for informational and educational purposes only and does not constitute investment advice. Please consult a SEBI-registered investment advisor before making any trading or investment decisions.