SGX Nifty November 2026 futures increased by 14 points, indicating a favourable start for the Nifty 50. India’s Defence Acquisition Council has granted Acceptance of Necessity for capital acquisition proposals estimated at Rs 2,12,000 crore for the armed forces. The approvals encompass a variety of military platforms and weapon systems, which include light multi-role helicopters, long-range kamikaze drones, surveillance systems, air defence equipment, and radars. Around 82% of the proposed procurements will be sourced from Indian industry.
Institutional Flows:
Foreign portfolio investors divested shares amounting to Rs 1,462.49 crore, whereas domestic institutional investors recorded net purchases totalling Rs 2,609.57 crore in the Indian equity market on 26 October 2026, as per provisional data. Foreign Portfolio Investors divested shares amounting to Rs 51,239.92 crore in October, as of 26 October 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:
Dow futures increased by 99 points, indicating a positive start for US equities. Asian equities experienced an uptick on Tuesday, driven by the filing for artificial intelligence firm Anthropic’s anticipated initial public offering, which rekindled interest in technology stocks in advance of a week filled with corporate earnings reports and central bank deliberations. South Korea’s economy expanded by 3.4% year on year in the third quarter of 2026, a deceleration from the 3.7% growth recorded in the preceding quarter, according to preliminary data released by the Bank of Korea on Tuesday. GDP expanded by 1.0% quarter on quarter, marking an acceleration from the 0.6% growth observed in the April-June quarter. Semiconductor exports and investment in production equipment facilitated the expansion, despite a 0.2% decline in private consumption quarter on quarter. Wall Street concluded the trading session on a positive note on Monday, 26 October 2026. The Dow Jones Industrial Average increased by 146.42 points, representing a 0.28% gain, reaching a level of 52,361.58. The S&P 500 increased by 53.09 points, representing a rise of 0.70%, reaching a level of 7,676.77.
Meanwhile, the Nasdaq Composite saw an advancement of 214.04 points, which corresponds to a 0.83% increase, bringing it to 26,169.38. The Philadelphia Semiconductor Index experienced an increase of 2.8%, representing its most significant one-day rise in the past month, driven by a resurgence in chip-related shares. The technology sector experienced a 1.5% increase, positioning itself at the forefront of the S&P 500’s 11 major sectors. Anthropic’s IPO filing has reinvigorated interest in the AI sector by showcasing impressive revenue growth, while also underscoring the significant expenses and risks associated with the development of sophisticated AI technologies. The company’s net loss for the first half of 2026 expanded to $80.7 billion, primarily due to a non-operating accounting item associated with convertible bonds. Its operating loss decreased to $693 million, while adjusted operating income became positive at $1.62 billion, in contrast to a loss of $1.85 billion from the previous year. Revenue experienced a remarkable growth of 1,368% year on year during the three months concluding on 30 June 2026.
The filing also underscored the risks associated with infrastructure expenditures, reliance on cloud providers, and the safety of artificial intelligence. Individual stocks demonstrated a resurgence of interest in AI infrastructure. Lumentum experienced an increase of approximately 8%, Coherent saw a rise of about 6%, and Tesla advanced by 5.2% following an upgrade from Barclays. Meta Platforms experienced a decline of 1.9% following the announcement of its intention to raise as much as $95 billion through equity offerings aimed at financing its expansion in artificial intelligence infrastructure. The fundraising encompasses approximately $35 billion in public offerings alongside a distinct share-sale program of up to $60 billion. Meta’s plans highlight the attention investors are paying to the funding necessary to support capital expenditures related to AI.
Economic data presented a nuanced picture regarding US activity and inflationary pressures. The Dallas Federal Reserve’s general business activity index increased to 13.4 in October, up from 9.8 in September, surpassing the consensus forecast of 8.8. However, the production index decreased to 15.8 from 29.5, and the new-orders index dropped to 9.3 from 30.7. The survey indicated that the raw-materials price index increased to 55.3 from 52.2, suggesting ongoing pressure from input costs. In commodities, Brent crude futures declined by 0.7% to $114.95 per barrel during early Asian trading as investors assessed the potential for a resolution to the US-Israeli conflict involving Iran. Supply concerns persist at a heightened level due to ongoing geopolitical risks in the Middle East.
Domestic Market:
The Sensex and Nifty ended their four-session decline on Monday, driven by value buying in undervalued stocks, a decrease in crude oil prices, and favourable global indicators that enhanced investor sentiment. The Nifty concluded the trading session above the 22,750 threshold, demonstrating a significant recovery from initial declines. Brent crude declined to approximately $114.50 per barrel, down from a recent six-month peak of $117. Meanwhile, foreign institutional investors purchased equities valued at Rs 887.65 crore on Friday.
Metal and healthcare stocks experienced an uptick, whereas consumer durables and FMCG shares saw a decline. The S&P BSE Sensex increased by 482.92 points, reflecting a rise of 0.66%, reaching a level of 73,606.75. The Nifty 50 index experienced an increase of 153.20 points, reflecting a rise of 0.68%, bringing it to a level of 22,753.20. Over the last four consecutive trading sessions, the Sensex and Nifty experienced declines of 3.49% and 2.36%, respectively.
