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October 19, 2026

Morning Brief — 19 Oct 2026

Indian markets, global flows and the morning’s stories, before the open.

Indian shares rose 0.65% as foreign investors bought ₹1,166 crore. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Morning Brief
Weekday edition
 
Monday, 19 October 2026
Markets · Logistics · Technology · Startups · One line worth keeping
Indian shares rose 0.65% as foreign investors bought ₹1,166 crore. US stocks fell overnight. Top story: Cornell University’s Basu on US-China AI Race.
Before the open
 
01 India's NIFTY 50 rose 0.65%, closing at 23,146.15.
02 Foreign investors (FIIs) bought ₹1,166 crore of Indian shares; domestic institutions (DIIs) sold ₹3,661 crore.
03 In the US overnight, the S&P 500 fell 1.11% and the Nasdaq 100 fell 2.50%.
04 In Asia so far this morning, the Nikkei is down 4.74%.
05 Elsewhere, crude oil rose 2.83% and Bitcoin rose 0.82%.
Foreign investors have been selling Indian shares for 10 sessions in a row.
Where things stand
 
India
NIFTY 50 23,146.15 +0.65%
BankNIFTY 55,844.00 +0.06%
India VIX (fear gauge) 14.08 +0.36%
Overnight
S&P 500 (SPY) — -1.11%
Nasdaq 100 (QQQ) — -2.50%
Asia now
Nikkei 225 64,562.48 -4.74%
CRUDE (USO)
+2.83%
GOLD
4,173.94
+0.20%
USD/INR
94.95
+0.07%
BTC
$82,325
+0.82%
ETH
$2,417
+0.29%
 
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
Cornell University’s Basu on US-China AI Race
Kaushik Basu, Professor at Cornell University and former Chief Economist at the World Bank, discusses the AI race between the US and China, and impact on the global economy. He speaks with…
Markets · 2 min
YES Bank book value may fall up to 26% after SC ruling on AT-1 bonds
Supreme Court ruling on AT-1 bonds could reduce YES Bank's book value per share by up to 26% depending on payout structure.
Startups · 13 min
No agenda, no rush, no leaving San Francisco: Benchmark’s partners on investing in a frenzied market
Benchmark maintains disciplined investing pace of two to three bets per partner annually despite market frenzied activity.
Technology
AI Selloff Nears Turning Point as Mag 7 Earnings Loom
The AI trade is in focus as Big Tech earnings are set to test investor sentiment on hyperscaler spending. Bloomberg's Sunny Bangia and Anthony Stephens as well as UBS Financial Adviser and…
Markets · 4 min
Global Market Today: Asian shares fall as AI spending worries weigh on sentiment
Asian markets fell as concerns over AI funding needs weighed on sentiment ahead of Big Tech earnings week.
 
What is night to most is waking hours to the disciplined. Advantage lives in the time others discard.
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Udit Kakar · Morning Brief · Research, not investment advice
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