BusinessGIFT Nifty Signals Positive Open as Asia Markets Fall on AI Share Decline
On October 9, 2026, the GIFT Nifty indicated a positive opening for Nifty50 with futures up 80 points at 22,374 amid softer oil prices. However, Asia-Pacific markets fell, with Japan's Nikkei 225 down 0.6% and South Korea's KOSPI down 2.62%, following declines in AI-linked shares due to concerns over OpenAI's revenue. US markets also closed lower, with Nasdaq down 1.25% and S&P 500 down 0.47%. Brent crude prices dropped after President Trump stated no further US attacks on Iran before midterms. Gold and silver futures rose by 0.96% and 1.64%, respectively.
Business Standard·


