Market braces for muted opening as FPI selling continues
GIFT Nifty:
GIFT Nifty October 2026 futures fell 17 points, indicating a muted opening for the Nifty 50.
Institutional Flows:
Foreign portfolio investors (FPIs) sold shares worth Rs 4,699.14 crore, while domestic institutional investors (DIIs) were net buyers of Rs 5,181.62 crore in the Indian equity market on 5 October 2026, according to provisional data.
FPIs sold shares worth Rs 19,204.53 crore in October through 5 October 2026. This follows net selling of Rs 45,536.89 crore in September 2026, while FPIs were net buyers of Rs 17,366 crore in August 2026.
Global Markets:
Asian stocks traded higher on Tuesday, 6 October 2026, tracking an overnight rally on Wall Street led by technology and artificial intelligence-linked stocks. Mainland Chinese markets remained closed for a holiday.
US stocks ended higher on Monday, with the Nasdaq Composite closing at a record high as Nvidia and other technology stocks gained. The Dow Jones Industrial Average rose 0.18% to 51,267.90, while the S&P 500 gained 0.66% to 7,773.95. The Nasdaq advanced 1.05% to 27,477.31.
AI-linked stocks led the gains. Nvidia rose 2.12% to a record closing high, while Microsoft gained 1.48%, Meta Platforms advanced around 1.9% and Tesla rose 2.20%. Nvidia's market capitalisation climbed to about $5.76 trillion.
US Treasury yields continued to rise despite the equity rally. The 10-year Treasury yield reached 5.35% during the session and settled around 5.31%, its highest level since April 2002. The 30-year Treasury yield also rose to around 5.7%, reaching its highest level in nearly 24 years.
Crude oil prices steadied on Tuesday after falling nearly 2% on Monday as increased Middle East exports and additional supply commitments eased concerns over shortages. Brent crude had settled around $100.32 a barrel on Monday.
The Federal Reserve?s minutes from its September meeting, due Wednesday, will be closely watched for clues on how policymakers view inflation and the softer labor market.
Domestic Market:
The key equity benchmarks ended higher on Monday, snapping a four-session losing streak as easing crude oil prices, softer US jobs data and buying across sectors improved investor sentiment. The Nifty settled above the 22,550 mark. FMCG and consumer durables stocks advanced, while healthcare and pharma shares declined. Investors also remained focused on the Reserve Bank of India's monetary policy meeting, which began on Monday, and monitored global bond yields.
The S&P BSE Sensex rose 472.77 points, or 0.66%, to 72,382.47, while the Nifty 50 index gained 133.80 points, or 0.60%, to 22,555.75. Over the previous four sessions, the Sensex and Nifty had declined 2.69% and 3.11%, respectively.
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