SGX Nifty October 2026 futures have increased by 5 points, indicating a subdued start for the Nifty 50. India’s retail inflation surged to 5.54% in September, marking the peak in the new Consumer Price Index series. The inflation increased from 4.83% in August.
Institutional Flows:
On 12 October 2026, foreign portfolio investors divested shares amounting to Rs 1,708.48 crore, whereas domestic institutional investors recorded net purchases totalling Rs 3,045.02 crore in the Indian equity market, as per provisional data. Foreign Portfolio Investors divested shares amounting to Rs 48,377.90 crore in October, up to the 12th of the month in 2026. This follows net selling of Rs 45,536.89 crore in September 2026, while FPIs were net buyers of Rs 17,366 crore in August 2026.
Global Markets:
The Asian market experienced a decline on Tuesday, 13 October 2026, reflecting the overnight downturn in US technology stocks. This movement was influenced by apprehensions regarding high crude oil prices and ongoing geopolitical tensions, which negatively impacted investor sentiment. Technology stocks spearheaded the selloff, as US semiconductor shares experienced declines due to rising apprehensions regarding escalating competition between US and Chinese chipmakers, alongside uncertainties surrounding the durability of investments linked to artificial intelligence. Wall Street concluded the day with a mixed performance on Monday as investors positioned themselves in anticipation of the upcoming third-quarter earnings season and significant US economic data scheduled for release this week. The Dow Jones Industrial Average increased by 195.60 points, representing a rise of 0.38%, concluding the session at 51,850.55. The S&P 500 experienced a decrease of 4.30 points, reflecting a decline of 0.06%, settling at 7,807.24.
Meanwhile, the Nasdaq Composite saw a reduction of 120.27 points, equivalent to a 0.44% drop, closing at 27,245.90. Technology and semiconductor stocks exerted downward pressure on the broader market, whereas energy shares experienced gains due to elevated oil prices. Crude oil prices have sustained levels above $105 a barrel, driven by renewed apprehensions regarding global energy supplies in the wake of attacks on Saudi Arabia and the ambiguity surrounding a potential energy truce between Russia and Ukraine. Brent crude futures were trading at approximately $105.90 a barrel in Asian markets on Tuesday, following a settlement that marked a 1.84% increase to $106.65 on Monday. Increasing energy prices have amplified worries regarding inflation and the possible effects on interest rates.
Investors are currently concentrating on the September US Consumer Price Index, which is set to be released on Wednesday, 14 October. This will be succeeded by the Producer Price Index and retail sales data on Thursday, 15 October. The inflation readings will be closely monitored for their implications on the Federal Reserve’s monetary policy, especially given that elevated energy costs pose a risk of extending inflationary pressures. The US third-quarter earnings season is gaining momentum, as prominent banks such as JPMorgan Chase, Goldman Sachs, Citigroup, and Wells Fargo are set to announce their results on Tuesday. Investors will evaluate the results for indications regarding consumer spending, lending demand, credit quality, and the overall economic outlook.
Domestic Market:
The key equity benchmarks concluded the day in negative territory on Monday, continuing their cautious trajectory as market participants anticipated the release of India’s September inflation figures. Ongoing apprehensions regarding high crude oil prices and a significant increase in Indian bond yields have negatively impacted market sentiment. Despite a retreat in oil prices fuelled by optimism regarding a reduction in geopolitical tensions between Russia and Ukraine, Brent crude continued to trade above $105 a barrel. This situation has sustained apprehensions regarding imported inflation and the ongoing pressure on the rupee.
Investors evaluated the ramifications of the Reserve Bank of India’s recent tightening measures on liquidity and borrowing costs. The Nifty concluded beneath the 22,400 threshold, exhibiting a mixed sectoral performance. While shares in the auto and realty sectors experienced gains, declines were observed in FMCG and PSU bank stocks. The S&P BSE Sensex experienced a decrease of 547.65 points, reflecting a decline of 0.76%, closing at 71,924.68. The Nifty 50 index experienced a decline of 157.10 points, reflecting a decrease of 0.70%, closing at 22,363.35.
