SGX Nifty September 2026 futures declined by 24 points, suggesting a bearish opening for the Nifty 50.
Institutional Flows:
On 17 September 2026, foreign portfolio investors divested shares amounting to Rs 3,208.76 crore, whereas domestic institutional investors recorded net purchases totalling Rs 3,617.75 crore in the Indian equity market, as per provisional data. Foreign Portfolio Investors divested shares amounting to Rs 20,041.11 crore in September up to 17 September 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 experienced an upward trend on Friday, buoyed by an overnight surge on Wall Street and a decline in crude oil prices. Investors are closely monitoring the Bank of Japan, as the central bank is anticipated to increase interest rates on Friday. The yen continued to exhibit weakness against the dollar in anticipation of the decision, as markets evaluated the potential response of the BOJ to the Fed’s increasingly hawkish policy stance. In Europe, the Bank of England maintained UK interest rates at 3.75% on Thursday, following a 6-3 vote. The central bank adopted a prudent approach, as three policymakers supported a 25-basis-point increase due to apprehensions that rising energy prices might exacerbate inflationary pressures.
The US stock market concluded Thursday on a positive note, buoyed by declining oil prices and falling Treasury yields following robust labour data. The Dow Jones Industrial Average rallied 0.61%, while the S&P 500 gained 1.14%. The Nasdaq Composite closed at a decline of 1.69%. The surge in US technology stocks propelled the Nasdaq index higher. Nvidia stock price surged 2.54%, AMD shares jumped 6.36%, Intel share price spiked 7.67%, Apple stock price rose 1.38%, Microsoft shares gained 1.52%, and Amazon share price rallied 2.13%. Crude oil prices have continued to decline for a third consecutive session, driven by expectations of constrained supply disruptions. Brent crude futures declined to the $104 per barrel mark. Reports have surfaced indicating that Saudi Arabia has increased crude shipments via Oman, which alleviates concerns regarding supply constraints.
Domestic Market:
The key equity benchmarks experienced a modest increase on Thursday, as investors evaluated the recent policy decision made by the US Federal Reserve and its potential effects on global liquidity. The Fed raised its benchmark interest rate by 25 basis points to 3.75%-4%, marking its first hike since 2023. The central bank’s projections maintained the potential for an additional rate increase this year, reflecting a spectrum of opinions among policymakers in the latest assessments.
The Fed’s indication of another rate hike in 2026 kept investors cautious, particularly across rate-sensitive and foreign-portfolio-investment-driven segments. The elevated interest rate landscape in the United States bolstered the dollar while exerting downward pressure on emerging-market currencies. The S&P BSE Sensex declined by 21.86 points, reflecting a decrease of 0.03%, closing at 74,314.59. The Nifty 50 index increased by 53 points, representing a rise of 0.23%, reaching a level of 23,270.60.
