Stock Market LIVE: GIFT Nifty rises over 100 pts; Asia markets tumble on AI-spending concern
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Nifty50 and Sensex are set for a positive start on Friday, October 23, 2026, as GIFT Nifty rose 155 points to 22,864.
- ✓While Asian markets fell due to worries over AI spending, Indian investors focus on the final day of subscription for the Jio Platforms and Paras Healthcare IPOs.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Standard
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Stock Market LIVE: The Nifty50 and the Sensex are expected to open on a positive note on Friday.
Sensex Today | Stock Market LIVE Updates, Friday, Oct 23, 2026: The GIFT Nifty indicated a gap-up open for the Nifty50 index amid a decline in global stocks due to concerns over AI spending and a spike in oil prices. The futures were quoted at 22,864, up 155 points.
Asia-Pacific markets were trading lower, tracking overnight moves on Wall Street as traders remained worried about massive spending to build AI infrastructure. Japan's Nikkei 225 and South Korea's Kospi fell
Overnight, the Nasdaq Composite posted the worst session since June and settled 2.60 per cent lower at 26,008.86. The Dow Jones Industrial Average rose 0.02 per cent, and the S&P 500 fell 1.21 per cent.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Standard
Read the full, original unfiltered story directly on the publisher's portal.