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THE INDIA EDITION
IN
YOUR DAILY MARKET PERSPECTIVE

Morning Brief

The numbers that matter. The context behind them.

15 October 2026
Mumbai’s financial skyline at dawn
THE OPENING PERSPECTIVE CAUTIOUS

Cautious start: hot U.S. inflation, elevated oil and foreign selling weigh on risk appetite, while domestic institutional buying offers a partial buffer.

Global uncertainty meets domestic strength. Watch crude, foreign flows, and the resilience of Indian buyers.

Thursday · 12:18 PM ISTLIVE SOURCES
MUMBAI, INDIA

Market at a glance

Previous close · All changes in %
NIFTY 50
22,963.35
+1.51%vs. previous close
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST
SENSEX
73,959.78
+1.62%vs. previous close
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST
USD / INR
95.05
-0.25%vs. previous close
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST
BRENT CRUDE
$104.47/ bbl
USD per barrel
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST
GOLD SPOT
$4,154.50/ oz
+1.13%vs. previous close
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST

Risks to watchHEADWINDS

  • 01India’s 10-year yield was 7.392% on 14 October, while the RBI repo rate is 5.50%—a high-rate backdrop for valuations and borrowing costs.
  • 02Brent remained above $104 a barrel even after an early-trade pullback, with Strait of Hormuz shipping risks unresolved.
  • 03FII/FPI net selling and the latest U.S. inflation surprise may add to pressure on Indian equities.

Cushions in placeSUPPORT

  • 01DII net buying of ₹1,926.57 crore on 14 October partly offset foreign selling in the NSE cash market.
  • 02Brent fell 1.31% to $104.67 a barrel in early Thursday trade, easing some immediate oil-price pressure.
  • 03The RBI announced measures to support the rupee, including redirecting oil companies’ dollar purchases away from the spot market.

Major World Developments

The global stories shaping the local session.

01

U.S. rates

Hot September inflation revives Fed-hike concerns

  • U.S. headline consumer inflation rose 3.7% year on year in September.
  • Core consumer prices rose 0.3% month on month, above the 0.2% reading cited in market coverage.
GLOBAL CONTEXT
02

Currency

Dollar retreats from an 18-month high as rate expectations shift

  • The dollar eased from its 18-month high despite the hotter-than-expected U.S. inflation report.
  • Reuters reported that traders scaled back expectations of an October Fed rate hike after Treasury yields and officials’ comments tempered those bets.
GLOBAL CONTEXT
03

Asian activity

Chip-led selloff spreads across Asian equities

  • Asia’s technology supply chain bore the brunt of selling after U.S. inflation strengthened expectations of further Fed action.
  • MSCI’s broadest index of Asia-Pacific shares outside Japan fell 3.3% on Thursday.
GLOBAL CONTEXT
04

Oil / geopolitics

Crude pulls back as markets weigh Hormuz risks against supply relief

  • Brent fell 1.31% to $104.67 a barrel and WTI fell 1.07% to $94.07 in early Thursday trade.
  • Investors weighed attacks on shipping through the Strait of Hormuz against U.S. efforts to reduce petroleum shipping costs by easing sanctions on vessels.
GLOBAL CONTEXT

Index trackers

India · Asia · United States · Crude

India · Bank Nifty & VIX

Bank Nifty55,811.55 +0.90%
India VIX14.86 +1.56%
Nifty IT30,786.85 +2.04%
Nifty Midcap 10059,404.55 -0.01%
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST

Asian markets

Nikkei 22564,425.95 -4.90%
Hang Seng23,986.38 -1.35%
Shanghai3,693.13 -1.97%
KOSPI5,556.31 -7.53%
Taiwan46,969.87 -3.41%
Straits Times5,393.18 -0.56%
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST

US markets

S&P 5007,718.94 -1.11%
Nasdaq26,692.87 -1.88%
Dow Jones51,621.48 -0.09%
US VIX16.87 +10.48%
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST

Crude & energy

WTI crude94.10 -1.04%
Brent crude104.46 -1.51%
Natural gas3.24 +1.41%
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST

Rates, yields & flows

Bonds · Policy · ₹ crore

Sovereign yields10 YEAR

United States5.19%
VerifiedYahoo Finance· 15 Oct, 12:18 pm IST
India7.39%
Verifiedinvesting.com· 15 Oct, 12:18 pm IST

Government bond benchmark yields

US Treasury curve10/14/2026

10 year5.19%
20 year5.57%
30 year5.52%
VerifiedUS Treasury· 15 Oct, 12:37 pm IST

Central bank rates

US FED3.75–4.00%

Target range

Verifiedfederalreserve.gov· 15 Oct, 12:18 pm IST
RBI5.50%

Repo rate

Verifiedrbi.org.in· 15 Oct, 12:18 pm IST
ECB2.50%

Policy rate

Verifiedecb.europa.eu· 15 Oct, 12:18 pm IST

Latest announced policy settings

Institutional flows₹ CRORE

FII Foreign institutions-1,857
DII Domestic institutions+1,927
Net cash flow+69 Cr
Verifiednseindia.com· 15 Oct, 12:18 pm IST

Mutual funds & ownership

₹ crore · Monthly / quarterly data

MF cash flowsSep 2026 · ₹ Cr

Net inflow-1,33,376
Equity inflow38,307
SIP inflow32,490
Active funds inflow-1,44,947
Passive funds inflow11,887
Average AUM87,09,182
AUM at month end82,64,117
Active AUM67,78,778
Passive AUM14,70,443
Verifiedportal.amfiindia.com· 15 Oct, 12:18 pm IST

New fund offersNFOs

quant Nifty 50 Index Fund Equity index fund2026-10-12 → 2026-10-26
quant Nifty 100 Index Fund Equity index fund2026-10-12 → 2026-10-26
quant Nifty Midcap 150 Index Fund Equity index fund2026-10-12 → 2026-10-26
Zerodha BSE TOP 10 BANKS ETF ETF2026-10-12 → 2026-10-26
ICICI Prudential Nifty Pharma ETF ETF2026-10-12 → 2026-10-19
SBI BSE India Defence ETF ETF2026-10-13 → 2026-10-19

Ownership by basketJun 2026

BasketFIIDIIPromoterOthers
Nifty 5022.725.9——
Nifty Bank————
Nifty IT————
Nifty Midcap 100————
Nifty Smallcap 100————
All NSE-listed companies15.919.2—9.5
Verifiedprimedatabasegroup.com· 15 Oct, 12:18 pm IST

Market data status

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