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October 7, 2026

Morning Brief — 7 Oct 2026

Indian shares rose 0.98% even as foreign investors sold ₹2,961 crore. · Top story: Positive Breakout: These 9 stocks cross above their 200 DMAs.

Indian shares rose 0.98% even as foreign investors sold ₹2,961 crore. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Morning Brief
Weekday edition
 
Wednesday, 7 October 2026
Markets · Logistics · Technology · Startups · One line worth keeping
Indian shares rose 0.98% even as foreign investors sold ₹2,961 crore. US stocks rose overnight. Top story: Positive Breakout: These 9 stocks cross above their 200 DMAs.
Before the open
 
01 India's NIFTY 50 rose 0.98%, closing at 22,776.10.
02 Foreign investors (FIIs) sold ₹2,961 crore of Indian shares; domestic institutions (DIIs) bought ₹5,089 crore.
03 In the US overnight, the S&P 500 rose 0.55% and the Nasdaq 100 rose 0.46%.
04 Elsewhere, Ether fell 3.60% and Bitcoin fell 2.17%.
Foreign investors have been selling Indian shares for 8 sessions in a row.
Where things stand
 
India
NIFTY 50 22,776.10 +0.98%
BankNIFTY 55,128.40 +0.76%
India VIX (fear gauge) 13.59 -8.05%
Overnight
S&P 500 (SPY) — +0.55%
Nasdaq 100 (QQQ) — +0.46%
CRUDE (USO)
+0.64%
GOLD
4,144.33
-0.60%
USD/INR
96.47
+0.08%
BTC
$83,864
-2.17%
ETH
$2,611
-3.60%
 
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
 
Markets
Positive Breakout: These 9 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
Technology
Robinhood's Kerbrat on Business Strategy, Crypto
Johann Kerbrat, Senior Vice President and General Manager of Crypto and International at Robinhood, discusses the company's expansion plans and investment opportunities in the…
Startups · 3 min
How to find out if Amazon thinks you have ‘flat buttocks’
Amazon's recommendation algorithm infers customer attributes including body shape based on purchase history and displays these profiles in user settings.
Logistics · 2 min
Why one brand adopted Amazon’s growing inventory replenishment service
Closet brand Moralve uses Amazon's Global Warehousing and Distribution to centralize inventory across markets, solving fragmented supply chain challenges.
Markets · 1 min
Gold flat as focus turns to Fed minutes
Spot gold held at $4,159.62 per ounce as traders awaited Federal Reserve minutes and weigh rate-hike odds amid mixed inflation signals.
 
The senses drag a mind that has not been given something better to hold.
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Udit Kakar · Morning Brief · Research, not investment advice
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