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GIFT Nifty Signals Gap Down for Sensex, Nifty Amidst FII Selling and Subdued Asian Markets
M
Moneycontrol•01-10-2026, 08:25
GIFT Nifty Signals Gap Down for Sensex, Nifty Amidst FII Selling and Subdued Asian Markets
- •Indian benchmark indices are set for a lower open, with GIFT Nifty indicating a weak start for Sensex and Nifty due to subdued Asian markets, high US Treasury yields, and persistent foreign selling.
- •GIFT Nifty was down 67.5 points, or 0.30 percent, trading at 22,592, after Indian equities extended their decline for a third consecutive session on Wednesday.
- •Foreign Institutional Investors (FIIs) continued their selling streak for a fifth session, offloading over Rs 10,000 crore of Indian equities for a second straight day, while Domestic Institutional Investors (DIIs) bought equities worth Rs 11,271 crore.
- •Softer-than-expected US inflation has significantly reduced expectations of another Federal Reserve rate hike in October, with the probability falling to 38 percent from nearly 71 percent a week earlier.
- •Brent crude slipping below $100 a barrel offers some relief for Indian markets, though experts caution that geopolitical risks could quickly restore the premium in crude prices.
Key Questions Answered
GIFT Nifty signaled a weak start due to subdued Asian markets, elevated US Treasury yields, and persistent foreign selling weighing on market sentiment.
FIIs extended their selling streak to a fifth session on September 30, offloading more than Rs 10,000 crore of Indian equities for a second consecutive day.
Softer-than-expected US inflation sharply reduced expectations of another Federal Reserve rate hike in October, with the probability falling to 38 percent from nearly 71 percent a week earlier.
