Udit Kakar Newsletter

Archives
Log in
Subscribe
September 22, 2026

Morning Brief — 22 Sep 2026

Indian shares rose 0.29% even as foreign investors sold ₹576 crore. · Top story: Alibaba Unveils AI Chip to Drive 20GW of Data Centers by 2032.

Indian shares rose 0.29% even as foreign investors sold ₹576 crore. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Morning Brief
Weekday edition
 
Tuesday, 22 September 2026
Markets · Logistics · Technology · Startups · One line worth keeping
Indian shares rose 0.29% even as foreign investors sold ₹576 crore. US stocks rose overnight. Top story: Alibaba Unveils AI Chip to Drive 20GW of Data Centers by 2032.
Before the open
 
01 India's NIFTY 50 rose 0.29%, closing at 23,414.30.
02 Foreign investors (FIIs) sold ₹576 crore of Indian shares; domestic institutions (DIIs) bought ₹2,797 crore.
03 In the US overnight, the S&P 500 rose 1.55% and the Nasdaq 100 rose 2.77%.
04 In Asia so far this morning, the Nikkei is up 2.40%.
05 Elsewhere, Bitcoin rose 5.14% and crude oil fell 3.68%.
The NIFTY 50 has closed higher 4 sessions in a row.
Where things stand
 
India
NIFTY 50 23,414.30 +0.29%
BankNIFTY 56,470.65 +0.20%
India VIX (fear gauge) 11.26 -1.14%
Overnight
S&P 500 (SPY) — +1.55%
Nasdaq 100 (QQQ) — +2.77%
Asia now
Nikkei 225 65,018.95 +2.40%
CRUDE (USO)
-3.68%
GOLD
4,348.21
+0.10%
USD/INR
95.75
-0.06%
BTC
$85,647
+5.14%
ETH
$2,742
+2.85%
 
Hang Seng was unavailable at press time. The S&P 500, the Nasdaq 100 and crude oil are measured through funds that track them, so only their daily moves are shown.
Worth reading
 
Technology
Alibaba Unveils AI Chip to Drive 20GW of Data Centers by 2032
Alibaba launched a domestic AI chip to compete with Nvidia and support expansion to 20GW of data center capacity by 2032.
Markets
Negative Breakout: These 9 stocks cross below their 200 DMAs
The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.
Startups · 3 min
The man who built Apple’s stores doesn’t buy Silicon Valley’s bet on AI shopping
Apple's former retail chief skeptical of agentic commerce trend, argues physical stores will remain relevant despite AI shopping automation push.
Logistics · 2 min
UP, NS merger: STB denies shippers’ calls for dismissal
Surface Transportation Board rejected motions to dismiss the Union Pacific-Norfolk Southern merger before formal review begins.
Markets · 4 min
Oil Price Today (September 22): Crude oil snaps 4-day fall, hovers near $101 on potential US-Iran talk. What’s next?
Brent crude rose to $101/barrel and WTI to $96/barrel as market awaited potential US-Iran talks at UN General Assembly.
 
What looks like poison at first and nectar later is the taste of anything worth building.
Download the PDF
Udit Kakar · Morning Brief · Research, not investment advice
Don't miss what's next. Subscribe to Udit Kakar Newsletter:
← Newer Morning Brief — 23 Sep 2026 Older → Morning Brief — 21 Sep 2026
Powered by Buttondown, the easiest way to start and grow your newsletter.