SGX Nifty October 2026 futures declined by 29 points, suggesting a bearish start for the Nifty 50 in light of unfavourable global signals.

On Thursday, the board of SEBI sanctioned a set of measures pertaining to portfolio managers, foreign portfolio investors, REITs, and InvITs. The regulator has sanctioned a thorough revision of the portfolio manager framework, permitting portfolio managers to engage in initial public offerings and primary market debt issuances. It also sanctioned broader involvement by foreign portfolio investors in physically settled, non-agricultural commodity derivative contracts. Furthermore, REITs and publicly listed InvITs will be allowed to issue depository receipts in acceptable overseas jurisdictions.

Institutional Flows:

Foreign portfolio investors divested shares amounting to Rs 5,027.36 crore, whereas domestic institutional investors recorded net purchases totalling Rs 4,301.18 crore in the Indian equity market on 24 September 2026, as per provisional data. Foreign Portfolio Investors divested shares amounting to Rs 21,064.46 crore in September up to 24 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 stocks experienced declines on Friday, following a mixed performance on Wall Street, as a significant increase in US Treasury yields prompted caution among investors. Markets in China and South Korea were closed for a holiday. US stocks concluded the trading session on Thursday with a varied performance. The Dow Jones Industrial Average experienced a decline for the third consecutive session, coinciding with an increase in Treasury yields. The Dow declined 161.61 points, or 0.31%, to 51,349.98, while the S&P 500 eased 0.02% to 7,704.13. The Nasdaq Composite experienced a marginal increase of 0.01%, reaching a level of 26,939.37.

US Treasury yields have risen to multi-year highs, reflecting apprehensions that sustained elevated energy prices may continue to exert upward pressure on inflation. The 30-year Treasury yield reached 5.501%, marking its peak since June 2004, while the 10-year yield increased to 5.223%, the highest level since June 2007. Crude oil prices experienced a decline on Friday following a significant increase in the prior session. Brent crude futures declined by 0.54%, settling at $106.02 per barrel, following a rise of approximately 3% on Thursday. The previous session’s increase was driven by apprehensions regarding possible supply disruptions stemming from a Houthi missile strike on Saudi Arabia.

Investors closely observed the outcomes of the meeting between US President Donald Trump and Chinese President Xi Jinping in Washington. The leaders engaged in discussions regarding trade and artificial intelligence, with the United States and China reaching an agreement to prolong their trade truce for an additional two months. A state dinner at the White House was held for Xi on Thursday. Meta Platforms experienced an increase of approximately 4.5% following the introduction of new AI-powered devices and the enhancement of features associated with its Muse AI agent. Oracle experienced a decline of approximately 4.5% following reports of a force majeure notice concerning its data center project in New Mexico.

Domestic Market:

The domestic equity benchmarks concluded the trading session on Thursday with a significant decline, influenced by rising US Treasury yields, elevated crude oil prices, and heightened anticipations of an additional rate hike by the Federal Reserve. The Nifty concluded the trading session beneath the 23,100 threshold, primarily influenced by declines in the banking and financial services sectors. The S&P BSE Sensex declined by 1,247.71 points, representing a decrease of 1.67%, closing at 73,580.54. The Nifty 50 index experienced a decline of 383.70 points, representing a decrease of 1.64%, closing at 23,063.10.