Stock market prediction for Thursday, 15 October, 2026: The Indian stock market is likely to open on a negative note, as GIFT Nifty signalled a muted opening on Thursday, 15 October.
Meanwhile, Asian markets traded lower on Thursday , while US stock futures also fell on Tuesday.
“Indian equity markets are likely to open on a cautious note and remain under pressure, tracking the sharp overnight sell-off on Wall Street and weak Asian market cues. Sentiment has deteriorated following hotter-than-expected U.S. inflation data, with consumer prices rising 3.7% year-on-year in September compared with 3.4% in August and market expectations of 3.6%. The stronger inflation reading has reinforced concerns that U.S. interest rates could remain elevated for longer, putting pressure on richly valued growth and technology stocks,” said Ponmudi R, CEO of Enrich Money.
Benchmark indices Sensex and Nifty ended in negative territory on Wednesday as investors booked profits following a sharp rally in the previous session. A surge in wholesale price-based inflation and elevated crude oil prices further dampened market sentiment.
The 30-share BSE Sensex fell 251.89 points, or 0.34%, to close at 72,781.89. During the session, the index touched an intraday high of 73,195.26 and a low of 72,578.75. The NSE Nifty 50 also declined, shedding 99.25 points, or 0.44%, to settle at 22,622.70.