Sensex, Nifty Open Higher as Kospi Crashes 7% on AI Sell-Off
Indian markets opened higher on Thursday even as Kospi fell over 7% and Nikkei over 4% after hot US inflation. Analysts say the AI stock correction could bring FIIs back to India.
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“Sensex, Nifty Open Higher as Kospi Crashes 7% on AI Sell-Off”
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15 Oct 2026
Key Highlights
- Higher open: Sensex opened at 72,965.80 (+183.91); Nifty at 22,671.30 (+48.60).
- Global rout: Kospi fell over 7% and Nikkei over 4%; Nasdaq dropped 1.88% overnight.
- The trigger: US inflation rose to 3.7% in September, raising fears of another Fed rate hike.
- The India angle: Analysts say a correction in AI stocks could slow foreign selling in India.
- Flows: FIIs sold ₹1,857 crore on Wednesday; DIIs bought ₹2,670 crore.
Indian markets opened higher on Thursday, defying a sharp sell-off across global technology stocks. Sensex opened at 72,965.80, up 183.91 points, and Nifty at 22,671.30, up 48.60 points.
IT, FMCG, auto and private bank stocks led, rising up to nearly 2%. Metals were the biggest laggard, down 1%, while PSU banks, consumer durables, pharma and healthcare also slipped.
A Global Tech Rout
The pressure came from the US, where inflation rose to 3.7% in September from 3.4% in August, raising the chance of another rate hike by the Federal Reserve in October. That triggered heavy selling in US tech, with the Nasdaq falling 1.88%. The fear spread to Asia: Japan’s Nikkei fell over 4% and South Korea’s Kospi plunged more than 7%.
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This article is for general information only and does not constitute financial or legal advice.
