SGX Nifty March 2026 futures increased by 27.50 points, indicating a favorable opening for the Nifty 50 today.
Institutional Flows:
On 10 March 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 4,672.64 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 6,333.26 crore in the Indian equity market. Foreign Institutional Investors have divested shares amounting to Rs 32,849.40 crore in March (up to 10 March 2026). This comes after their cash sales of Rs 6,640.78 crore in February and Rs 41,435.22 crore in January 2026.
Global Markets:
Asian markets experienced an upward trend on Wednesday as investors remained engaged in evaluating the implications of the ongoing conflict in the Middle East. Oil prices, which surged to nearly $120 a barrel on Monday amid escalating concerns regarding the Iran conflict, subsequently retreated as traders anticipated that a coalition of nations would utilize emergency crude reserves to alleviate potential disruptions stemming from the situation.
Overnight in the U.S., the S&P 500 experienced a modest decline amid volatile trading conditions, influenced by a retreat in oil prices while market participants remained vigilant regarding the developments in the Iran conflict. The broad market index declined by 0.21%, concluding at 6,781.48. The Dow Jones Industrial Average experienced a decline of 34.29 points, equivalent to 0.07%, concluding the session at 47,706.51. The Nasdaq Composite experienced a marginal increase of 0.01%, concluding at 22,697.10.
Domestic Market:
Domestic equity benchmarks experienced a relief rally on Tuesday following two sessions of significant selling pressure, bolstered by declining crude oil prices, a more favorable global sentiment, and opportunistic buying at reduced valuations. The recovery emerged alongside expectations of geopolitical de-escalation following the recent surge in tensions that had unsettled financial markets. Investor sentiment showed signs of improvement, buoyed by favorable indicators from global markets and a retreat in oil prices following their recent escalation. Oil slipped below the $90 per barrel mark after a sharp rally earlier, following comments from US President Donald Trump indicating that military operations in Iran could be nearing an end.
The rupee exhibited a recovery during the session, providing further support to equities. The rebound was driven by increases in the auto sector, consumer durables, and public sector bank stocks, resulting in the Nifty finishing above the 24,250 threshold. The S&P BSE Sensex increased by 639.82 points, reflecting a rise of 0.82%, reaching a level of 78,205.98. The Nifty 50 index experienced an increase of 233.55 points, reflecting a rise of 0.97%, reaching a level of 24,261.60. Over the last two trading sessions, the Sensex experienced a decline of 3.06%, whereas the Nifty recorded a decrease of 2.97%.