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October 6, 2026

Morning Brief — 6 Oct 2026

Indian shares rose 0.60% even as foreign investors sold ₹4,699 crore. · Top story: Higgsfield CEO on Growth, $1B Run-rate.

Indian shares rose 0.60% even as foreign investors sold ₹4,699 crore. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Morning Brief
Weekday edition
 
Tuesday, 6 October 2026
Markets · Logistics · Technology · Startups · One line worth keeping
Indian shares rose 0.60% even as foreign investors sold ₹4,699 crore. US stocks rose overnight. Top story: Higgsfield CEO on Growth, $1B Run-rate.
Before the open
 
01 India's NIFTY 50 rose 0.60%, closing at 22,555.75.
02 Foreign investors (FIIs) sold ₹4,699 crore of Indian shares; domestic institutions (DIIs) bought ₹5,182 crore.
03 In the US overnight, the S&P 500 rose 0.67% and the Nasdaq 100 rose 0.88%.
04 In Asia so far this morning, the Nikkei is up 5.04%.
05 Elsewhere, crude oil fell 2.29% and Bitcoin fell 0.96%.
Foreign investors have been selling Indian shares for 7 sessions in a row.
Where things stand
 
India
NIFTY 50 22,555.75 +0.60%
BankNIFTY 54,714.10 +0.48%
India VIX (fear gauge) 14.67 +1.45%
Overnight
S&P 500 (SPY) — +0.67%
Nasdaq 100 (QQQ) — +0.88%
Asia now
Nikkei 225 70,119.21 +5.04%
CRUDE (USO)
-2.29%
GOLD
4,128.51
-0.30%
USD/INR
96.33
+0.05%
BTC
$85,694
-0.96%
ETH
$2,708
-0.95%
 
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
Higgsfield CEO on Growth, $1B Run-rate
Alex Mashrabov, CEO of Video AI Start up Higgsfield, discusses the company's path to achieving generate annualised revenue of more than $1 billion, based on current performance. He also…
Markets · 1 min
Gold steady as firm dollar counters softer US rate-hike bets
Gold held steady as a firmer dollar offset support from reduced expectations of an October Federal Reserve rate hike.
Startups · 3 min
Lucid Motors’ EV output falls to lowest level in almost 2 years
Lucid Motors produced 2,954 EVs in Q3, down 54% year-over-year, amid efforts to cut costs and streamline operations.
Logistics · 4 min
Costco CFO doubles down on tariff strategy, winks at churro comeback
Costco used $184 million in tariff refunds predominantly to lower prices on produce, meat, beverages, and other items.
Markets · 2 min
Euro faces political, fiscal reckoning as it hovers near 17-month low
The euro fell to a 17-month low, pressured by French debt concerns, political gridlock, and Spain's upcoming snap election.
 
Read the footnotes. The caveat that matters is rarely in the headline.
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Udit Kakar · Morning Brief · Research, not investment advice
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