GIFT Nifty Today Sensex Nifty Signals Steady Start; Nvidia Plunges 8 Percent

GIFT Nifty Today Sensex Nifty Signals Steady Start; Nvidia Plunges 8 Percent

Deck: Indian benchmark indices Sensex and Nifty are set for a steady opening on Thursday as GIFT Nifty rose 30 points to 25,255. This follows a strong Wednesday rally and a sharp 8 percent drop in Nvidia shares after-hours amid leadership uncertainty.

Quick Summary

• GIFT Nifty indicates a steady start for Indian markets on Thursday, trading at the 25,255 level as of 7:45 am.
• Key support factors include a strong overnight rally on Wall Street and a decline in global crude oil prices.
• Technology sector uncertainty has increased following an 8 percent plunge in Nvidia shares during after-hours trading.
• Market momentum remains notable as domestic indices reached their highest closing levels since February 26 during the previous session on Wednesday.

At a Glance

• The Move: GIFT Nifty rose 30 points or 0.12 percent to reach 25,255 on Thursday morning, signaling a stable opening for the Sensex and Nifty.
• Main Trigger: A 1.60 percent surge in the Nasdaq on Wednesday and a decline in crude oil prices by more than 1 percent provided global support.
• Next Watchpoint: The India October CPI inflation data release scheduled for later on Thursday will be the primary domestic catalyst for investors.

What Happened?

GIFT Nifty Today Sensex Nifty signals a steady opening for Indian benchmark indices on Thursday. GIFT Nifty gained 30 points or 0.12 percent to trade at 25,255 around 7:45 am. This follows Wednesday’s session where domestic indices hit their highest closing levels since February 26.

According to data reported on November 12, 2026, foreign institutional investors (FIIs) were net buyers on Wednesday, purchasing equities worth Rs 12,563 crore. Conversely, domestic institutional investors (DIIs) sold shares worth Rs 8,434 crore. While domestic sentiment was bolstered by these inflows, global markets remained mixed on Thursday as investors reacted to an 8 percent plunge in Nvidia shares during after-hours trading.

Why Did It Happen?

The steady outlook for the Indian market is supported by a strong overnight performance on Wall Street. On Wednesday, the Nasdaq Composite surged 400.31 points, or 1.60 percent, to 25,466.19, while the S&P 500 gained 98.45 points, or 1.31 percent, to 7,619.38. This rally was driven by strong earnings from CoreWeave, which eased concerns regarding artificial intelligence investments. Additionally, crude oil prices fell on Thursday, with Brent crude futures declining 1.2 percent to $91.62 a barrel.

However, fresh uncertainty emerged following reports of a potential leadership change at Nvidia. Reports from Reuters and The New York Times indicated that Nvidia’s board met late Wednesday to discuss the possible removal of CEO Jensen Huang. The reports cited allegations concerning personal relationships, including one involving a suspected Chinese spy. This news led to an 8 percent drop in Nvidia’s after-hours share price and caused S&P 500 e-mini futures to decline by 0.4 percent.

What Does It Mean for Markets?

The GIFT Nifty Today Sensex Nifty movement suggests that Indian markets may show resilience despite the Nvidia share price after-hours drop. While the technology sector faces renewed pressure, Asian markets showed mixed performance on Thursday. Japan’s Nikkei 225 gained 0.5 percent and South Korea’s KOSPI rose 0.2 percent, though the broader MSCI Asia-Pacific index outside Japan slipped 0.1 percent.

For the domestic market, the focus is on the India October CPI inflation data release. Investors are monitoring this data for clues on the interest rate outlook, especially after the Reserve Bank of India’s shift toward calibrated monetary tightening following its October rate hike. The decline in energy costs, with WTI crude falling $1.04 to $85.49 on Thursday, may provide some relief to market sentiment.

What to Watch Next

• Inflation Data: The release of India’s October Consumer Price Index (CPI) inflation data later on Thursday to gauge the domestic interest rate trajectory.
• Nvidia Developments: Further clarity regarding the Nvidia board’s decision and the status of CEO Jensen Huang following the reported Wednesday night meeting.
• Energy Markets: Global crude oil price movements as energy markets react to negotiations surrounding the Middle East and Russia-Ukraine conflicts.

FAQs

1. What is the GIFT Nifty value today?
As of 7:45 am on Thursday, the GIFT Nifty was trading at 25,255, representing an increase of 30 points or 0.12 percent.

2. Why did Nvidia shares fall 8 percent in after-hours trading?
Nvidia shares plunged more than 8 percent following reports that its board was considering the removal of CEO Jensen Huang amid allegations concerning personal relationships.

3. What was the FII and DII activity on Wednesday?
On Wednesday, foreign institutional investors (FIIs) bought equities worth Rs 12,563 crore, while domestic institutional investors (DIIs) sold shares worth Rs 8,434 crore.

4. What are the current Brent and WTI crude oil prices?
On Thursday, Brent crude futures fell $1.14 to $91.62 a barrel, while West Texas Intermediate (WTI) declined $1.04 to $85.49 a barrel.

5. Which domestic economic data is scheduled for release on Thursday?
Investors are awaiting the India October CPI inflation data release, which is scheduled to be announced later on Thursday.

6. What were the closing levels for Sensex and Nifty on Wednesday?
On Wednesday, the Sensex closed at 81,879.40 (up 0.95 percent) and the Nifty closed at 25,255.05 (up 0.84 percent), their highest levels since February 26.

Source Note and Disclaimer

This article is based on the source report published on November 12, 2026, detailing market events from Wednesday and Thursday. The information provided is for informational purposes only and does not constitute SEBI-registered investment advice or a recommendation to buy or sell any security.