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.
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.
Brent crude prices pared some gains in the Asia session after the US invoked Cold War-era-like Defence Act, which gives permission to the current administration to provide incentive for oil and gas production. The December futures were quoted at 114.16, up 0.94 per cent.
Gold and silver futures were trading 1.23 per cent and 2.24 per cent lower, respectively.
India's largest initial public offering (IPO), Jio Platforms, will enter its final day of subscription.
Moreover, Paras Healthcare will also enter the final day of subscription.