PRE MARKET--> KNOW THE TODAYS TRIGGERS IN SHORT...

PRE-MARKET: CRUDE OIL EASES, US MARKETS CLOSE GREEN — WILL BANK NIFTY BREAK RESISTANCE? Date: Monday, October 12, 2026 Indian markets are likely to start on a positive note as easing crude oil prices and gains on Wall Street improve global sentiment. However, disappointing market reactions to selected Q2 earnings, persistent foreign fund outflows and elevated crude prices could limit the upside. ---> 1. GLOBAL CUES: POSITIVE, BUT CAUTION REMAINS US Markets Closed in Green Wall Street ended Friday's session higher: S&P 500: +0.6% Dow Jones: +0.8% Nasdaq Composite: +0.6% Crude Oil Prices Ease Brent crude slipped around 1.6% to approximately $103 --->2. Q2 EARNINGS IN FOCUS: DMART & CAN FIN HOMES DMart (Avenue Supermarts) DMart reported consolidated revenue of ₹19,644 crore, up 17.8% year-on-year, while net profit rose approximately 8.5% to ₹743 crore. The concern is that profit growth is lagging revenue growth, with EBITDA margins declining to 7.1% from 7.3% a year ago. Investors will assess whether cost pressures and competition continue to weigh on profitability.

Can Fin Homes reported Q2 FY27 net profit of ₹274.6 crore, up 9.2% year-on-year, while operating income increased approximately 7.8%. Despite year-on-year growth, the results have been flagged as below expectations --->Trading triggers to watch Bullish trigger: Bank Nifty sustains above 55,600 with strong price action and market breadth. This could open the door to further recovery. Bearish trigger: Rejection near 55,550–55,600 followed by a break below intraday support could trigger profit-booking. --->THE BOTTOM LINE The combination of lower crude oil prices, a positive Wall Street close and a higher GIFT Nifty indication offers some relief for Indian markets. However, crude remains elevated Today's focus: Bank Nifty's 55,550–55,600 resistance zone, 54,800 support, crude oil movement and institutional flows.