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Markets likely to make negative start amid continued FIIs selling
Oct-01-2026

Indian equity markets are likely to make a negative start on Thursday, amid concerns over prolonged supply disruptions linked to the West Asia region. Sentiments may remain cautious as foreign institutional investors (FIIs) extended their selling spree, offloading equities worth Rs 10,148.41 crore on Wednesday.

Some of the key factors to be watched:

Centre's fiscal deficit touches 41.9% of full year target at end August: Controller General of Accounts (CGA) data showing that the central government's fiscal deficit stood at Rs 7.1 lakh crore or 41.9 per cent of full year target at the end of August.

Commerce Minister Goyal meets USTR Greer on sidelines of G20 meet: Commerce Minister Piyush Goyal met US Trade Representative (USTR) Jamieson Greer on the sidelines of the G20 Trade Ministerial in Milwaukee, as part of efforts by India and the US to reach a ‘balanced and mutually beneficial’ trade agreement.

Govt cuts windfall tax on diesel, ATF exports: The government cut the windfall gains tax on export of diesel and ATF (Aviation Turbine Fuel), while retaining it at the same level for petrol for the fortnight beginning October 1.

Piyush Goyal meets Poland’s finance minister: Commerce Minister Piyush Goyal met Poland’s Finance Minister Andrzej Domanski and discussed creating new opportunities under the India-EU Free Trade Agreement to deepen economic cooperation.

Govt extends RoDTEP scheme till December 31: The government has extended the duty refund scheme, Remission of Duties and Taxes on Exported Products (RoDTEP), for exporters by three months till December 31.

Global front: The U.S. markets ended mostly lower on Wednesday, weighed down by elevated oil prices and rising Treasury yields. Asian markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight.

Back home, Indian equity benchmarks ended lower on Wednesday, extending losses for the third straight day, as firm crude oil prices, elevated global bond yields and foreign fund outflows made investors jittery. Exchange data showed foreign institutional investors (FIIs) continued their selling spree, offloading equities worth Rs 9,980.22 crore on Tuesday. Finally, the BSE Sensex fell 48.78 points or 0.07% to 72,480.29 and the CNX Nifty was down by 95.75 points or 0.42% to 22,620.45.

Some of the important factors in trade: 

Indian corporate credit strong in H1FY27 despite conflict: Rating agency Ind-Ra said Indian companies' credit profile -- a detailed account of a business's borrowing history, financial health, and repayment reliability-- remained strong in the first half of 2026-27 fiscal year despite energy shock from West Asia conflict.

India-New Zealand trade pact boosts Agri, Food exports: Trade Promotion Council of India (TPCI) said the free trade agreement between India and New Zealand, which will come into force from October 20, will give a major boost to domestic farm products and processed food sectors. 

CII Chief urges Indian businesses to capitalise on India-UK FTA opportunities: Narayan Sethuramon, chair of the Confederation of Indian Industry (CII) Trade Policy Council, has said that the implementation of the India-UK Free Trade Agreement (FTA) marks a great achievement in opening up markets and urged Indian businesses to capitalise on this ‘time-bound’ opportunity.

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