Indian Stock Market Today: 10 Key Global Cues to Watch on October 15 — GIFT Nifty, US-China Trade War, Gold and Silver Prices
Indian markets to open higher today. GIFT Nifty gains 82 pts; US-China trade tensions, gold prices, and Fed cues shape Sensex, Nifty outlook on Oct 15.
Indian stock markets eye a positive start as GIFT Nifty trades higher amid US-China tensions, Fed rate cut hopes, and firm Asian market trends.
On Wednesday, October 15, 2025, the Indian stock market is projected to start higher as the Asian market is already under the influence of the mixed global cues and the green trading. The GIFT Nifty was quoted at about 25,288, that is an increment of 82 points over the last close of Nifty futures, which means a positive opening up for Sensex and Nifty 50.
The markets on Tuesday suffered a setback and ended lower for the consecutive second session. The Sensex was down by 297.07 points to 82,029.98, and the Nifty 50 lost 81.85 points to close at 25,145.50. The analysts predict the markets to be in a range of movements, as they will be influenced by global trends, Q2 earnings, and FII flows.
Here are 10 key things that changed for markets overnight:
1. Asian Markets
Asian stocks climbed on growing expectations of a US Fed rate cut. Japan’s Nikkei 225 rose 0.82%, Topix gained 0.75%, Kospi surged 1.2%, and Kosdaq jumped 0.83%. Hang Seng futures also pointed to a strong start.
2. GIFT Nifty Today
GIFT Nifty was trading around 25,288, a premium of 82 points, indicating a positive opening for Indian indices.
3. Wall Street Performance
US markets ended mixed on Tuesday. The Dow Jones gained 202.88 points (0.44%), the S&P 500 slipped 10.41 points (0.16%), and the Nasdaq Composite fell 172.91 points (0.76%).
Key stock moves: Nvidia -4.41%, Amazon -1.67%, HP +4.35%, Intel -4.27%, Tesla -1.53%.
4. US-China Trade War Escalation
Tensions intensified as both countries began charging new port fees on ocean shipping firms. China announced additional levies on US-owned and operated vessels, exempting Chinese-built ships.
5. Fed Chair Jerome Powell’s Comments
Powell hinted the Fed may pause balance sheet reduction soon and signaled further rate cuts amid a weakening labor market. “We will stop runoff when reserves are above the level consistent with ample conditions,” he said.
6. IMF Raises India’s Growth Forecast
The IMF upgraded India’s FY26 GDP growth to 6.6% (from 6.4%), while lowering FY27 growth to 6.2%. Global GDP is projected to slow to 3.1% by 2026.
7. Tech Mahindra Q2 Results
Tech Mahindra reported a 4.8% rise in net profit to ₹1,195 crore, while revenue grew to ₹13,995 crore. EBIT margin improved to 12.1%. The board announced an interim dividend of ₹15 per share.
8. Gold Prices Near Record Highs
Spot gold rose 0.4% to $4,155.99/oz, and US gold futures gained 0.3% to $4,174.30/oz, supported by safe-haven demand due to US-China tensions.
9. US Dollar and Treasury Yields
The dollar index was flat at 99.05, while 10-year US Treasury yields eased to 4.028%. The euro held steady at $1.1606, and the yen traded at 151.80 per dollar.
10. Crude Oil Prices Fall
Oil prices declined on IEA’s warning of a 2026 supply surplus. Brent crude slipped 0.16% to $62.29/barrel, while WTI fell 0.14% to $58.62/barrel, marking five-month lows.
Outlook
The analysts are forecasting a small recovery for the Indian stock market today, following the positive signals from the Asian markets and rate cut speculation by the Fed. Nevertheless, the fluctuations in prices might continue because of the global trade disputes and the ongoing earnings season.
