|
Morning Brief
|
| |
| Thursday, 8 October 2026 |
| Markets · Logistics · Technology · Startups · One line worth keeping |
|
From the blog
Hardware always fails. Three copies, two kinds of media, one of them offsite — how I run it on a Synology and an encrypted cloud bucket, and how to start tonight with a single external drive.
|
|
| Indian shares fell 0.76% as foreign investors sold ₹6,121 crore. US stocks fell overnight. Top story: Negative Breakout: These 6 stocks cross below their 200 DMAs. |
|
Before the open
|
| |
| 01 |
India's NIFTY 50 fell 0.76%, closing at 22,603.05. |
| 02 |
Foreign investors (FIIs) sold ₹6,121 crore of Indian shares; domestic institutions (DIIs) bought ₹4,597 crore. |
| 03 |
In the US overnight, the S&P 500 fell 0.24% and the Nasdaq 100 fell 0.25%. |
| 04 |
In Asia so far this morning, the Nikkei is up 1.51%. |
| 05 |
Elsewhere, Ether fell 1.34% and Bitcoin fell 0.92%. |
|
|
Foreign investors have been selling Indian shares for 9 sessions in a row. |
|
|
Where things stand
|
| |
India |
| NIFTY 50 |
22,603.05 |
-0.76% |
| BankNIFTY |
55,055.55 |
-0.13% |
| India VIX (fear gauge) |
13.93 |
+2.35% |
|
Overnight |
| S&P 500 (SPY) |
— |
-0.24% |
| Nasdaq 100 (QQQ) |
— |
-0.25% |
|
Asia now |
| Nikkei 225 |
69,340.53 |
+1.51% |
|
|
CRUDE (USO)
-0.69%
|
GOLD
4,136.52
+0.88%
|
USD/INR
96.77
-0.02%
|
|
BTC
$83,078
-0.92%
|
ETH
$2,577
-1.34%
| |
|
| 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
|
| |
|
Markets
The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.
|
|
Technology
SQAI plans to raise 300 million ringgit through an IPO in the first quarter of 2027.
|
|
Startups
Mecka AI raised $60 million Series B for collecting human motion data to train humanoid robots.
|
|
Logistics · 3 min
Air freight shippers increased three-month contracts to 60% of new deals in Q3 2026, avoiding long-term fixed rates due to market volatility.
|
|
Markets · 1 min
Spot gold rose 0.4% to $4,127.40 per ounce after touching a two-month low, as traders await Fed rate guidance.
| |
|
|
| Be useful to more than one person. A single dependency is not a relationship, it is exposure. |
|
|
|
|
Udit Kakar · Morning Brief · Research, not investment advice |