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Morning Brief

The numbers that matter. The context behind them.

15 October 2026

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LAST UPDATEDThu 15 Oct, 02:08 pm IST

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Mumbai’s financial skyline at dawn
THE OPENING PERSPECTIVE CAUTIOUS

Cautious, risk-off cues dominate: hot U.S. inflation and a tech-led global selloff weigh on sentiment, while domestic institutional buying offers some support.

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

Thursday · 02:08 PM ISTLIVE SOURCES
MUMBAI, INDIA

Market at a glance

Previous close · All changes in %
NIFTY 50
23,022.45
+1.77%vs. previous close
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST
SENSEX
74,284.24
+2.06%vs. previous close
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST
USD / INR
94.96
-0.35%vs. previous close
VerifiedMarket data feed· 15 Oct, 2:08 pm IST
BRENT CRUDE
$103.55/ bbl
USD per barrel
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST
GOLD SPOT
$4,176.80/ oz
+1.68%vs. previous close
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST

Risks to watchHEADWINDS

  • 01Foreign investors were net sellers of ₹1,857.44 crore in the latest reported cash session, 14 October.
  • 02Hotter-than-expected U.S. inflation has revived expectations of further Fed tightening.
  • 03Attacks on shipping through the Strait of Hormuz keep oil-supply risks in focus.

Cushions in placeSUPPORT

  • 01Domestic institutions were net buyers of ₹2,670.44 crore in the 14 October cash session.
  • 02The RBI’s FY2026–27 GDP growth projection is 7.1%.
  • 03Oil prices fell by more than 1% on 15 October, offering some near-term relief even as supply risks remain.

Major World Developments

The global stories shaping the local session.

01

Central banks

Hot U.S. inflation puts another Fed hike back in focus.

  • September U.S. CPI rose 3.7% year over year, above the 3.6% expected.
  • Reuters reported that the market-implied chance of an October Fed hike rose to around 50-50.
02

Energy and geopolitics

Oil retreats, but Hormuz shipping risks remain.

  • Oil prices fell more than 1% on Thursday as investors weighed supply prospects and Middle East tensions.
  • Reuters reported that attacks on shipping through the Strait of Hormuz remained a supply-risk consideration.
03

Global equities

Hot CPI and rate concerns deepen the AI-linked tech selloff in Asia.

  • MSCI’s Asia-Pacific shares index excluding Japan fell 3.3%; South Korea’s KOSPI dropped 8% and Japan’s Nikkei 225 fell 4.8%.
  • The selloff followed stronger U.S. inflation and repricing of Fed expectations, with semiconductor shares among the hardest hit.
04

Financial stability

IMF flags vulnerabilities tied to the AI investment boom.

  • The IMF warned that global AI investment could trigger a significant market correction if returns fall short of expectations.
  • It highlighted leverage and circular funding links as potential ways losses could spread across markets.

Index trackers

India · Asia · United States · Crude

India · Bank Nifty & VIX

Bank Nifty55,830.20 +0.93%
India VIX14.35 -1.91%
Nifty Midcap 10059,356.35 -0.09%
Nifty Smallcap 10019,180.15 -1.06%
Nifty 50022,219.20 +0.82%
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST

Asian markets

Nikkei 22564,425.95 -4.90%
Hang Seng24,062.72 -1.03%
Shanghai3,707.48 -1.59%
KOSPI5,554.22 -7.57%
Taiwan46,969.87 -3.41%
Straits Times5,395.54 -0.51%
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST

US markets

S&P 5007,718.94 -1.11%
Nasdaq26,692.87 -1.88%
Dow Jones51,621.48 -0.09%
US VIX17.54 +3.97%
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST

Crude & energy

WTI crude94.12 -1.02%
Brent crude103.55 -2.37%
Natural gas3.26 +2.00%
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST

Rates, yields & flows

Bonds · Policy · ₹ crore

Sovereign yields10 YEAR

United States5.19%
VerifiedYahoo Finance· 15 Oct, 2:08 pm IST
India7.38%
Verifiedcountryeconomy.com· 15 Oct, 2:08 pm IST

Government bond benchmark yields

US Treasury curve10/14/2026

10 year5.19%
20 year5.57%
30 year5.52%
VerifiedUS Treasury· 15 Oct, 2:08 pm IST

Central bank rates

US FED3.75–4.00%

Target range

Verifiedfederalreserve.gov· 15 Oct, 2:08 pm IST
RBI5.50%

Repo rate

Verifiedm.rbi.org.in· 15 Oct, 2:08 pm IST
ECB2.50%

Policy rate

Verifiedfred.stlouisfed.org· 15 Oct, 2:08 pm IST

Latest announced policy settings

Institutional flows₹ CRORE

FII Foreign institutions-1,857
DII Domestic institutions+2,670
Net cash flow+813 Cr
Verifiednseindia.com· 15 Oct, 2:08 pm IST

Mutual funds

Sep 2026 data · ₹ crore

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, 2:08 pm IST

Flows by categorySep 2026 · ₹ Cr

CategoryNet inflowAUM
Equity38,30737,54,275
Debt-1,83,15617,64,044
Hybrid-45711,52,158
Solution oriented37459,322
Index funds-3,6143,20,458
ETFs15,50111,49,985
Fund of funds (overseas)-15948,803
Other144176
Verifiedportal.amfiindia.com· 15 Oct, 2:08 pm IST