Dalal Street set for a negative opening

Nifty22, 776.10220.35. Motilal Oswal Midcap Fund Direct-Growth.

Key points

• As long as the index remains above 22, 600, the sentiment might remain positive, with resistance placed at 22, 850, tech View: In the short term.
• Benchmark Nifty extended its rebound on expiry day, backed by a sharp decline in India VIX and Brent crude oil costs slipping below the $100-a-barrel mark.
• Benchmark Nifty experienced a rebound on expiry day due to a drop in India VIX and Brent crude oil rates.
• Gold rates were flat on Wednesday as focus shifted to minutes from the US Federal Reserve's gathering for fresh clues on the monetary policy path.
• Asian shares held near a record after optimism over the earnings outlook propelled Wall Street benchmarks to fresh all-time highs.

Nifty22, 776.10220.35. Motilal Oswal Midcap Fund Direct-Growth. The Economic Times daily newspaper is available online now.

D-St set for a negative opening as GIFT Nifty signals subdued start. ETMarkets.comLast Updated: Oct 07, 2026, 07: 12: 00 AM IST.

Benchmark Nifty experienced a rebound on expiry day due to a drop in India VIX and Brent crude oil rates. Investor attention is now focused on the forthcoming RBI policy outcome against the backdrop of ongoing rupee weakness. The rupee declined against the dollar amidst foreign capital outflows and uncertainties surrounding a US-Iran accord. Stocks in the F&O ban included SAIL, Bandhan Bank, and Ambuja Cement. Listen to this article in summarized format. Unlock AI Briefing and Premium Content. New Year Offer 24 Hours Left. Subscribe Now Already a member? Sign In.

Benchmark Nifty extended its rebound on expiry day, backed by a sharp decline in India VIX and Brent crude oil costs slipping below the $100-a-barrel mark. While continued rupee weakness remained an overhang, with the currency falling 27 paise to 96.56 per dollar, investor focus now shifts to the RBI policy outcome today. STATE OF THE MARKETS. GIFT Nifty (Earlier SGX Nifty) signals a negative start.

GIFT Nifty on the NSE IX traded lower by 34 points, or 0.15 per cent, at 22, 740, signaling that Dalal Street was headed for a negative start on Wednesday. As long as the index remains above 22, 600, the sentiment might remain positive, with resistance placed at 22, 850, tech View: In the short term. A sustained move above 22, 850 could trigger further recovery. Nevertheless, failure to move beyond 22, 850 might trigger a correction in the market. India VIX: India VIX, which is a measure of the fear in the markets, fell 7.1% to settle at 13.61 levels. Live Events.

Asian shares near record high.

Asian shares held near a record after optimism over the earnings outlook propelled Wall Street benchmarks to fresh all-time highs. Crude oil climbed. US stocks end higher.

US stocks concluded higher on Tuesday as crude costs steadied and US Treasury yields eased, offering some reprieve from reservations that have preoccupied investors in recent weeks, and allowing markets to turn their attention to the approaching third-quarter reporting season. Oil rates rise.

Oil rates rose on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against climbed supplies of Middle East crude. Gold subdued.

Gold rates were flat on Wednesday as focus shifted to minutes from the US Federal Reserve's gathering for fresh clues on the monetary policy path. Dollar holds losses.

For context, the US dollar remained lower on Wednesday after stress in European bond markets abated and as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.

For now, dalal Street set for a negative opening remains the part of the story worth watching, and further updates are likely as more details are confirmed.