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Morning Brief
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| Friday, 9 October 2026 |
| Markets · Logistics · Technology · Startups · One line worth keeping |
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From the blog
Home-country bias is one of the most common blind spots for retail investors. Here is why diversifying across international indexes and emerging market mutual funds is mandatory for systemic derisking.
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| Indian shares fell 1.64% as foreign investors sold ₹12,944 crore. US stocks fell overnight. Top story: 3 SME IPOs to list today: Acme India Industries, TNA Solutions, Paramount Syntex; check key details. |
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Before the open
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India's NIFTY 50 fell 1.64%, closing at 22,231.80. |
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Foreign investors (FIIs) sold ₹12,944 crore of Indian shares; domestic institutions (DIIs) bought ₹10,703 crore. |
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In the US overnight, the S&P 500 fell 0.42% and the Nasdaq 100 fell 1.34%. |
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In Asia so far this morning, the Nikkei is down 2.05%. |
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Elsewhere, Ether fell 3.83% and crude oil rose 2.55%. |
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Foreign investors have been selling Indian shares for 10 sessions in a row. |
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Where things stand
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India |
| NIFTY 50 |
22,231.80 |
-1.64% |
| BankNIFTY |
54,515.05 |
-0.98% |
| India VIX (fear gauge) |
15.31 |
+10.22% |
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Overnight |
| S&P 500 (SPY) |
— |
-0.42% |
| Nasdaq 100 (QQQ) |
— |
-1.34% |
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Asia now |
| Nikkei 225 |
68,510.68 |
-2.05% |
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CRUDE (USO)
+2.55%
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GOLD
4,171.71
+0.96%
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USD/INR
96.80
+0.01%
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BTC
$81,941
-1.43%
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ETH
$2,479
-3.83%
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| 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. |
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Worth reading
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Markets · 3 min
Acme India Industries IPO subscribed 124.23 times; TNA Solutions 55.20 times; Paramount Syntex 1.88 times; combined raised Rs 241 crore on BSE SME platform.
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Technology
Seema Shah, Chief Global Strategist at Principal Global Investors, discusses the AI capex cycle and the impact on investor sentiment. She speaks with Avril Hong on the sidelines of the…
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Startups
Trump awarded Musk, Huang, Brin, Su, Dell, and Nadella top science prizes; awardees have donated nearly $6 billion to Trump-tied efforts.
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Logistics · 2 min
Matthew Hook, Molson Coors VP of manufacturing, named chief supply chain officer for Americas effective October 12 after 27 years with company.
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Markets · 1 min
India IT sector facing fourth year of weak growth amid AI disruption risks and cautious client spending; TCS beat profit expectations with 0.5% sequential revenue growth.
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| A number without a denominator is decoration. |
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Udit Kakar · Morning Brief · Research, not investment advice |