GIFT Nifty Hints at Cautious Start as FIIs Continue to Sell, DIIs Step Up Buying

Mumbai, October 15: The Indian stock market and all the included indices are expected to open on a cautious yet slightly positive tone today, on October 15. The cautious start is indicated by Gift Nifty, which is marginally up by 0.09%, or 22 points, and is trading at 25,287.50.

Sensex and Nifty Closed Lower

Yesterday, on October 14, both Sensex and Nifty closed lower. Sensex closed 297.07 points or 0.36% lower at 82,029.98, while the Nifty 50 ended 81.85 points or 0.32% lower at 25,145.50. Broader markets also mirrored the weak performance, with the BSE Midcap index falling 0.8% and the Smallcap index declining 1%.

FIIs Continue To Sell, While DIIs Provide Support

Foreign Institutional Investors (FIIs) continued their selling streak on October 14, and sold Indian equities worth ₹1,508.53 crore. On the other hand, Domestic Institutional Investors (DIIs) provided some support by buying Indian equities worth ₹3,661.13 crore in net purchases.

Asian Markets Firm While Wall Street Mixed

Asian markets began today’s trading session on a firmer note after three sessions of losses. The positive investor sentiment is being fueled by a potential U.S. Federal Reserve rate cut despite ongoing U.S.–China trade tensions. Major indices including Nikkei, Hang Seng, and Kospi, are trading higher.

Overnight, Wall Street ended mixed. The Dow Jones Industrial Average increased 0.44% to 46,270.46, while the S&P 500 fell 0.16% and the Nasdaq fell 0.76%.

Crude Oil Extended Losses While Gold Surged To A New High

Asian currencies traded higher in the early session, led by the Thai Baht and Japanese Yen. The Dollar Index weakened after Fed Chair Jerome Powell’s dovish comments, raising hopes of an upcoming rate cut. Crude oil prices continued to fall as the International Energy Agency projected a supply surplus in 2026, with Brent crude slipping 0.13%. Meanwhile, gold hit a new record high, supported by strong safe-haven demand amid renewed geopolitical and trade tensions.

Cautious Tone Expected Today

As indicated by Gift Nifty and selling pressure from FIIs, the stock market is expecting a cautious tone. The market may open in the green, but it can feel the selling pressure throughout the trading session today. Investors will be watching intraday factors for better cues.

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