SGX Nifty November 2026 futures declined by 107 points, indicating a subdued start for the Nifty 50. Jio Platforms is set to make its debut on the stock exchanges today. The IPO achieved a subscription rate of 22.19 times, with a pricing set at Rs 1,119 per share. The Rs 30,213-crore IPO consisted solely of a fresh issue of shares priced at the upper limit of the band, which is Rs 1,119 per share, without any offer-for-sale element.
Institutional Flows:
Foreign portfolio investors acquired shares valued at Rs 4,240.39 crore, whereas domestic institutional investors recorded net sales amounting to Rs 1,250.03 crore in the Indian equity market on 27 October 2026, as per provisional data. Foreign Portfolio Investors divested shares amounting to Rs 52,580.44 crore in October, up to the 27th 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:
Dow futures declined by 138 points, indicating a potential increase in the opening of US stocks. Asian indices experienced an uptick on Wednesday, driven by a resurgence of optimism surrounding artificial intelligence demand, which bolstered technology stocks in anticipation of earnings reports from significant US technology firms and the forthcoming policy decision from the Federal Reserve. SK Hynix’s record quarterly results bolstered confidence in semiconductor stocks. The company reported a significant rise in revenue and operating profit, propelled by the demand for high-bandwidth memory chips utilised in AI infrastructure. US stocks advanced on Tuesday, 27 October 2026, as AI-related shares rallied and investors assessed corporate earnings ahead of the Federal Reserve’s policy announcement. The Dow Jones Industrial Average increased by 15.99 points, representing a 0.03% rise, reaching a level of 52,377.57. The S&P 500 experienced an increase of 45.83 points, representing a rise of 0.60%, reaching a level of 7,722.60. In parallel, the Nasdaq Composite saw an uptick of 308.43 points, equivalent to a 1.18% gain, concluding at 26,477.81.
Broadcom experienced an uptick following the announcement of a $63 billion financing arrangement with Bank of America, Blackstone, Citigroup, and Morgan Stanley, aimed at bolstering AI computing capacity for Anthropic. The agreement underscores the magnitude of funding currently backing investments in AI infrastructure. SK Hynix reported preliminary third-quarter revenue of 104.62 trillion won, reflecting a year-on-year increase of 327.9%, while operating profit experienced a remarkable surge of 557.2%, reaching 83.33 trillion won. Net profit increased by 215.7% to reach 39.78 trillion won. Revenue and operating profit achieved unprecedented heights as the demand for high-bandwidth memory and other AI-related products propelled chip prices upward. Investors are currently anticipating the third-quarter results from Alphabet and Microsoft, which are scheduled to be released following the closure of the US market on Wednesday. The Conference Board’s US Consumer Confidence Index increased by 7.5 points to 91.7 in October, up from a revised 84.2 in September, surpassing the poll forecast of 81.
The improvement indicated enhanced evaluations of prevailing business conditions and the short-term outlook, despite ongoing apprehensions regarding living expenses. US durable goods orders rose by 1.8% in September, falling short of the 2.0% projection in one market calendar, yet surpassing the 0.1% increase recorded in August. Excluding transportation, orders experienced an increase of 0.5%. New single-family home sales decreased by 0.6%, reaching an annualised rate of 676,000 units, surpassing the anticipated figure of 650,000. The data indicated resilience in certain sectors of the economy, although durable goods orders fell short of the consensus estimate provided. The Federal Reserve is scheduled to announce its policy decision on Wednesday. Markets anticipate that interest rates will hold steady, as investors seek direction regarding the future trajectory of rates in light of inflation apprehensions and elevated energy costs. Brent crude increased to $114.42 a barrel during Asian trading hours. The US Dollar Index remained close to a two-week peak at 102.37.
Domestic Market:
The key equity benchmarks concluded the trading session on Tuesday with minimal movement, reflecting a state of volatility characteristic of the monthly derivatives expiry day. Heightened crude oil prices, geopolitical tensions, and prudence in anticipation of the US Federal Reserve’s policy decision have dampened market sentiment. The Nifty closed at 22,749.75. Broader indices, however, exhibited an upward trajectory. Media stocks spearheaded sectoral gains, trailed by real estate and pharmaceutical shares. Stocks in the IT, oil and gas, and private banking sectors experienced a decline. The S&P BSE Sensex experienced a decrease of 8.08 points, reflecting a change of 0.01%, settling at 73,598.67. The Nifty 50 index experienced a decline of 3.45 points, representing a decrease of 0.02%, closing at 22,749.75.
