Indian equities opened higher on October 12, with the Sensex and Nifty both up 0.25%. The Nifty opened at 22,593.20 and the Sensex at 72,771.32. The rupee rose 1% against the dollar to 95.76, supported by the RBI's new forex measures. Crude oil fell more than 1.5% after U.S. President Donald Trump announced an energy ceasefire between Russia and Ukraine. IT stocks led gains, buoyed by strong quarterly earnings and positive global market sentiment.