Stock Market Today on October 19, 2026: BSE Sensex sheds over 900 points, NSE Nifty50 slips below 23,000 mark
Asian markets opened the week on a mixed note on Monday, with persistent volatility in technology stocks weighing on sentiment even as US equity futures edged higher ahead of another week of corporate earnings results from American companies. Oil prices declined by more than 1% after US President Donald Trump decided to waive sweeping sanctions on Russia, including those targeting its energy sector.
Recent selling in technology stocks across Asia and Wall Street has put pressure on equity markets, as investors grow increasingly concerned about whether the artificial intelligence boom can sustain its momentum. South Korea’s benchmark Kospi gained 1.1% to 5,729.58 on Monday, recovering some ground after a sharp fall last week. Despite the latest uptick, the index has lost more than 18% over the past month and remains well below the 9,000 mark it crossed in June at the height of the global AI frenzy.
Among individual stocks, Samsung Electronics rose 0.7%, while memory chipmaker SK Hynix declined 0.9%. In Japan, the Nikkei 225 fell 0.8% to 64,799.03. Chip equipment maker Tokyo Electron slipped 2.1%, while SoftBank Group, an investor in OpenAI, dropped 3.6%.