Stock markets open higher amid easing oil prices

A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: ANI Benchmark indices Sensex and Nifty climbed in early trade on Monday (October 12, 2026), extending their previous session's sharp rally, amid easing oil prices.The 30-share BSE Sensex rallied 178 points to 72,627.86 in early trade. The 50-share NSE Nifty climbed 76.20 points to 22,591.45.From the 30 Sensex firms, Bharat Electronics, Mahindra and Mahindra, Bajaj Finance, Trent, Tata Steel and NTPC were among the major winners.Tech Mahindra, Bharti Airtel, ITC and Axis Bank were among the laggards.Brent crude, the global oil benchmark, declined 1.45% to $103.1 per barrel.In Asian markets, South Korea's Kospi traded sharply lower, while Shanghai's SSE Composite index also quoted lower. Hang Seng index traded marginally higher.U.S. markets ended higher on Friday (October 9, 2026).Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,568.90 crore on Friday (October 9, 2026), according to exchange data.On Friday, the Sensex jumped 879.09 points, or 1.23%, to settle at 72,472.33. The Nifty rallied 288.65 points, or 1.30%, to end at 22,520.45. Published - October 12, 2026 09:53 am IST