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Sensex Today: GIFT Nifty Signals Muted Start As Global Markets Decline
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Moneycontrol•19-10-2026, 07:28
Sensex Today: GIFT Nifty Signals Muted Start As Global Markets Decline
- •Wall Street tumbled on Friday due to renewed pressure on AI-related technology stocks including CoreWeave and Broadcom.
- •A sharp jump in oil prices also added to trader anxiety heading into the weekend.
- •The S&P 500 dropped 1.22 percent while the Nasdaq declined 2.19 percent.
- •The Dow Jones Industrial Average recorded a loss of 0.55 percent.
- •GIFT Nifty indicates a subdued opening for the Indian stock market following negative cues from US and Asian markets.
Key Questions Answered
Wall Street tumbled on Friday, with major indices closing lower as the S&P 500 fell 1.22% to 7,649.71 points, the Nasdaq declined 2.19% to 26,128.13 points, and the Dow Jones Industrial Average dropped 0.55% to 51,891.77 points.
AI-related technology stocks experienced renewed downward pressure, specifically including companies like CoreWeave and Broadcom.
Traders were spooked heading into the weekend by a notable jump in oil prices alongside the sharp decline in AI-related technology stocks.
