NewsSignals AI analysis·Moneycontrol·Oct 23, 2026

Equities likely to snap 3-session fall as GIFT Nifty signals firm start for D-Street

Grade Bbearish AI signal$NIFTY$SENSEX$GIFTNIFTY$BRENT

Indian equities could snap a three-session losing streak on Friday, with GIFT Nifty signaling a higher open after the Sensex and Nifty fell around 2% this week. GIFT Nifty traded at 22,846 against Thursday's Nifty close of 22,687.65, while Brent crude surged to $113.50 per barrel and foreign investors sold Indian equities worth Rs 3,458.70 crore. A recovery could gain traction if the Nifty clears 22,900 and sustains above 23,000, but elevated oil prices and continued foreign outflows may limit gains.

Bullish strength: 40/100

GIFT Nifty signaled a higher opening for Indian benchmark equities.
Market participants appeared to be defending lower price levels after recent declines.
Colgate-Palmolive India reported higher quarterly profit, supported by toothpaste demand.

Bearish strength: 60/100

The Sensex and Nifty declined around 2% during the week.
Brent crude rose to $113.50 per barrel amid concerns about further energy supply disruptions.
Foreign portfolio investors were net sellers of Indian equities, with outflows of Rs 3,458.70 crore on Thursday.
Asian markets opened lower following overnight Wall Street losses.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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