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October 20, 2026

Morning Brief — 20 Oct 2026

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

Indian shares fell 1.11% as foreign investors sold ₹1,149 crore. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Morning Brief
Weekday edition
 
Tuesday, 20 October 2026
Markets · Logistics · Technology · Startups · One line worth keeping
Indian shares fell 1.11% as foreign investors sold ₹1,149 crore. US stocks rose overnight. Top story: Dollar and euro drift, yen slips as markets seek direction.
Before the open
 
01 India's NIFTY 50 fell 1.11%, closing at 22,888.95.
02 Foreign investors (FIIs) sold ₹1,149 crore of Indian shares; domestic institutions (DIIs) bought ₹3,201 crore.
03 In the US overnight, the S&P 500 rose 0.42% and the Nasdaq 100 rose 1.21%.
04 Elsewhere, Ether fell 1.09% and Bitcoin fell 0.96%.
Where things stand
 
India
NIFTY 50 22,888.95 -1.11%
BankNIFTY 55,488.10 -0.64%
India VIX (fear gauge) 14.69 +4.48%
Overnight
S&P 500 (SPY) — +0.42%
Nasdaq 100 (QQQ) — +1.21%
CRUDE (USO)
-0.59%
GOLD
4,138.22
-0.08%
USD/INR
94.99
+0.08%
BTC
$81,534
-0.96%
ETH
$2,391
-1.09%
 
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 · 2 min
Dollar and euro drift, yen slips as markets seek direction
Dollar steady against yen ahead of Japanese bond auction; euro resilient despite French political unrest and Italian troop deployment.
Technology
Alibaba Backs Chinese Robovan Maker in $400 Million Fundraising
Neolix raised $400 million with Alibaba backing to expand its driverless delivery vehicle business globally.
Startups · 4 min
Walmart’s Flipkart is quietly building a food delivery challenger in India
Flipkart is testing food delivery internally with 8,000 employees and deployed dedicated riders through Ekart, drawing restaurants from ONDC and direct partnerships.
Logistics · 2 min
Cutter & Buck eyes fulfillment boost with second automated distribution center
Cutter & Buck's second automated distribution center in Texas processes 1,256 bins per hour using AutoStore system with 32 robots and 50,502 storage bins.
Markets · 1 min
Gold slips as investors weigh Fed rate outlook
Gold fell 0.3% as traders await Fed policy decision October 27-28 for rate signals; CME tool shows 83% probability of unchanged rates, 94% chance of December hike.
 
Enter knowing what you will not agree to. Everything else is negotiable.
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Udit Kakar · Morning Brief · Research, not investment advice
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