SGX Nifty September 2026 futures increased by 17.50 points, suggesting a favourable start for the Nifty 50.
The Foreign Currency Non-Resident Bank deposits amounted to $127.2 billion, with overseas foreign-currency borrowings adding $5.26 billion and external commercial borrowings totalling $3.89 billion, based on provisional data from the Reserve Bank of India. The central bank reported that total inflows reached $136.4 billion as of August 31.
Institutional Flows:
On 2 September 2026, foreign portfolio investors acquired shares valued at Rs 6,688.37 crore, whereas domestic institutional investors recorded net purchases amounting to Rs 2,812.98 crore in the Indian equity market, as per provisional data. Foreign Portfolio Investors divested shares amounting to Rs 4496.01 crore in September up to the 2nd of the month in 2026. This follows net cash purchases of Rs 17,366 crore in August 2026, while they were net buyers of Rs 6,731.97 crore in July 2026.
Global Markets:
Asian stocks experienced an uptick on Thursday, following the positive momentum from Wall Street, as diminishing worries regarding a prolonged US-Iran conflict bolstered risk appetite. Brent crude declined approximately 0.6% to $95.10 a barrel following a rise of over 8% in the preceding three sessions, as US President Donald Trump suggested that renewed military actions against Iran were unlikely to persist for an extended period. The easing in oil prices contributed to the stabilisation of global bond markets, as US Treasury yields retreated from recent multi-year highs. Investors, however, maintain their attention on the conflict and its implications for energy supplies.
On Wednesday, Wall Street experienced a rebound, as the Dow Jones Industrial Average increased by 295.01 points, representing a rise of 0.56%, reaching a total of 53,061.89. Meanwhile, the S&P 500 saw an uptick of 35.16 points, or 0.46%, bringing it to 7,666.63. The Nasdaq Composite advanced 118.05 points, or 0.45%, to 26,217.83. The recovery was bolstered by purchases in technology and other stocks that had recently underperformed, even as oil prices stayed high due to the persistent conflict.
The market focus has also shifted to data regarding the US labour market. Private-sector hiring exhibited a deceleration in growth during August, as market participants closely monitor the forthcoming nonfarm payrolls report on Friday. This data will be pivotal in assessing whether any signs of labour-market weakness might impact the Federal Reserve’s interest-rate deliberations. Markets are currently assigning an approximate 66% likelihood to a 25-basis-point increase in interest rates for September.
Domestic Market:
Key equity indices experienced widespread selling pressure on Wednesday, as rising tensions between the US and Iran propelled crude oil prices upward, intensifying concerns regarding inflation, interest rates, and economic growth. The Nifty concluded the trading session beneath the 23,950 threshold, primarily influenced by declines in the auto and IT sectors, whereas oil and gas equities experienced an uptick. The broader market exhibited a decline, as midcap and smallcap indices experienced a drop exceeding 0.5% each. Brent crude surpassed $95 per barrel, as elevated global bond yields exerted additional pressure on equity markets.
India’s vulnerability to imported crude has heightened apprehensions regarding inflation and the economic ramifications of an extended disruption in the Middle East. The S&P BSE Sensex experienced a decrease of 373.90 points, reflecting a decline of 0.49%, closing at 76,570.35. The Nifty 50 index experienced a decline of 141.35 points, representing a decrease of 0.59%, closing at 23,914.45. Over the course of three consecutive sessions, the Sensex experienced a decline of 0.90%, whereas the Nifty recorded a decrease of 1.08%.
