SGX Nifty Morning News

SGX Nifty September 2026 futures increased by 22.50 points, suggesting a favourable opening for the Nifty 50.

Institutional Flows:

On 8 September 2026, foreign portfolio investors divested shares amounting to Rs 123.19 crore, whereas domestic institutional investors recorded net purchases totalling Rs 1,349.64 crore in the Indian equity market, as per provisional data. Foreign Portfolio Investors divested shares amounting to Rs 13,918.41 crore in September up to the 8th, 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:

Most Asian indices were trading higher on Wednesday, buoyed by a rebound in Chinese inflation. However, gains were cautious as investors kept a close eye on escalating tensions in the Middle East and the upward trajectory of crude oil prices. In August, China’s Consumer Price Index experienced a year-on-year increase of 0.8%, marking an acceleration from the 0.5% recorded in July. Concurrently, the core CPI saw a rise of 1.0%, up from 0.9% in the previous month. The PPI increased by 3.8%, a rise from the 3.5% recorded in July. China’s official data indicated that the increase in consumer inflation was partially due to elevated energy prices, whereas the rise in producer prices was linked to higher international commodity prices and robust demand in certain high-tech sectors.

Oil prices continued to be a significant concern for the market. Brent crude approached $100 a barrel following assaults on Saudi energy infrastructure by Iran-backed Houthi militants, alongside escalating military tensions between the US and Iran. The surge has reignited apprehensions that increased energy costs may sustain elevated inflation levels and constrain central banks’ capacity to lower interest rates. The geopolitical situation has further escalated following the announcement by the US that its forces have destroyed five Iranian oil tankers in response to an attempted attack on a US Navy vessel. The US Treasury has announced new sanctions aimed at Iran’s aviation sector, thereby intensifying the pressure on Tehran. Wall Street concluded the trading session on Tuesday with a decline, as the increase in crude oil prices reignited apprehensions regarding inflation.

The Dow Jones Industrial Average decreased by 1.18% to 52,786.07, while the S&P 500 saw a decline of 0.58% to 7,673.52, and the Nasdaq Composite experienced a drop of 0.32% to 26,421.41. The yield on the US 10-year Treasury approached 4.8%. Markets are currently concentrating on forthcoming US inflation data scheduled for release later this week. The August CPI, scheduled for Friday, is anticipated to offer new insights into the Federal Reserve’s policy trajectory in advance of its meeting on September 16-17. Rising oil prices have heightened apprehensions that a resurgence of inflation could complicate the Federal Reserve’s deliberations regarding interest rates. Markets were assigning approximately a 60% likelihood to a rate increase in the upcoming week.

Domestic Market:

The primary equity indices concluded the trading day on Tuesday with a decrease, marking a continuation of their downward trend for the second consecutive session. Sentiment remained muted as crude oil prices increased, driven by worries regarding a worsening conflict in the Middle East. India exhibits significant susceptibility to elevated fuel prices, given that it relies on imports for approximately 85% of its crude oil needs. Firm global bond yields continued to dampen investor sentiment and amplify worries regarding inflation and interest rates.

The Nifty concluded the trading session beneath the 23,650 threshold, influenced by a downturn in private banking, oil and gas, and information technology sectors. The S&P BSE Sensex experienced a decrease of 555.23 points, reflecting a decline of 0.73%, closing at 75,577.58. The Nifty 50 index experienced a decline of 144.05 points, representing a decrease of 0.61%, closing at 23,635.10. In two consecutive sessions, the Sensex has experienced a decline of 1.23%, while the Nifty has decreased by 1.10%.