D-St braces for weak opening on negative GIFT Nifty cues
Economic Times 3 hrs ago·8 Oct 2026, 12:30 am
The Indian equity market opened on the weaker side on Wednesday, with the Nifty slipping about 0.8% to around 22,600 points. The dip was driven by soft global cues and recent policy adjustments by the Reserve Bank of India, which lifted market sentiment concerns. At the same time, the India VIX, a measure of market volatility, rose roughly 2%, indicating heightened nervousness among traders.
Foreign portfolio investors were net sellers, offloading roughly Rs 6,100 crore of equities, while domestic participants stepped in with net purchases of about Rs 4,600 crore. The outflow contributed to a modest weakening of the rupee, which traded near 96.4 per US dollar. Investors will likely keep an eye on any further RBI policy signals, global risk sentiment and the flow of foreign capital, as these factors could shape the market’s direction in the coming days.
Excerpt from Economic Times
On Wednesday, the Nifty fell by 0.8% to 22,603 due to weak global cues and RBI's policy changes. Concurrently, the India VIX increased by 2% as market fears grew. Foreign portfolio investors sold shares worth Rs 6,121 crore while domestic investors purchased shares amounting to Rs 4,596 crore. The rupee weakened to…Read the original at Economic Times
Key takeaways
- Category: Corporate Action.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
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