See the full story in the original article.
Read the original on calcuttanews.net ↗
Keywords
Indiaforeign investorsinterest ratesoil prices
Open a keyword to see other news on the same topic.
Related news
- Foreign outflows , rising yields weigh on Indian markets ; earnings to drive recovery : HSBC
HSBC Mutual Fund said Indian equities saw a broad-based correction in September amid higher crude prices, Middle East tensions and tighter monetary policy in major economies. The Nifty 50 fell 6%, the Nifty Midcap 150 dropped 7.1% and the Nifty Smallcap 250 fell 3.1%. Foreign institutional investors pulled USD 4.1 billion in September, taking their 2026 net selling to USD 28.3 billion, while domestic institutions bought USD 8.1 billion. The fund expects corporate earnings to drive returns but flags higher global bond yields and commodity prices as risks, and sees the RBI's repo rate, raised to 5.50% on October 7, possibly reaching 6% if inflation worsens. The Nifty 50 trades at 17 times one-year forward earnings, about 13% below its five-year average valuation.
- Bajaj Broking Weekly FII and DII Commentary for 10th October 2026
The Nifty snapped an eight-week decline to close marginally higher, but still formed a fresh 52-week low, as the RBI raised rates by 25 basis points and shifted to “calibrated tightening”. Brent crude above $100, higher US bond yields and a weaker rupee kept sentiment under pressure, with FIIs net sellers for an eighth straight week (Rs. 302.94bn) while DIIs bought Rs. 303.13bn to absorb the selling. The index closed the week at 22,520.45, up 0.4%, though it is down 0.44% month-to-date. The analysis expects volatility to persist amid FII selling and global headwinds, with strong domestic buying limiting downside. Investors will watch US and Indian inflation data, US bond yields, Brent prices and US-Iran tensions next week.
- Indian Economy : Navigating Between Growth Optimism and Persistent Challenges
The article argues that India's economy is caught between strong macro indicators and mounting pressures. GDP grew 7.8% in Q1 FY27, GST collections rose 14.7% year on year in September 2026 to Rs 2.04 lakh crore, and UPI transactions reached 2,407 crore. However, the monsoon is 12.6% below its long-period average, CPI inflation rose to 5.54% in September from 4.82% in August, and India's crude purchase cost reportedly touched $110 per barrel. The Sensex has fallen about 11.89% over 12 months, FIIs sold over Rs 3.04 lakh crore in equities through October 2026, and per capita income is around $2,800. The author questions whether the boom is reaching ordinary households.
- Foreign outflows , rising yields weigh on Indian markets ; earnings to drive recovery : HSBC
HSBC Mutual Fund said foreign outflows and rising global bond yields are likely to remain key headwinds for Indian markets, while corporate earnings growth is expected to drive equity returns in the near term. The Nifty 50 fell 6 per cent in September, with the Nifty Midcap 150 down 7.1 per cent and the Nifty Smallcap 250 down 3.1 per cent; IT and auto were the worst-performing sectors, falling 11 per cent and 9 per cent. Foreign institutional investors pulled USD 4.1 billion in September, taking their 2026 net selling to USD 28.3 billion, while domestic institutions bought a net USD 8.1 billion. The RBI raised its repo rate to 5.50 per cent on October 7, and HSBC expects a further rise to 6 per cent if inflation worsens or global rates stay elevated. The Nifty 50 trades at 17 times one-year forward earnings, about 13 per cent below its five-year average valuation.
- Domestic Yields Rise While Long - End Finds Support Amid Global Volatility
PGIM India Mutual Fund expects the MPC to begin rate hikes in October, with a total of 50-75 bps by the end of FY2027, and sees the 10-year bond yield trading between 6.95% and 7.25% in the near term. The 10-year yield closed the week at 7.06%, up 2 bps, while the 5-year yield rose 15 bps as the RBI conducted INR 50,000 crore of OMO. Brent crude spiked above USD 109/bbl intra-week before ending at USD 103.87/bbl, and the RBI continued FX intervention as outflows from debt and equity persisted. The trade deficit narrowed to USD 27 billion in August from USD 32 billion in July, while the current account deficit is expected near 1% in FY2027 depending on crude prices. CPI inflation is expected at 5.50% next month, with a risk of broad-based price rises if crude stays above USD 100/bbl.
- RBI may need to raise repo rate to 6 . 25 % as inflation risks persist : SBI Mutual Fund
SBI Funds Management says the Reserve Bank of India (RBI) may need to raise its repo rate to at least 6.25% to contain inflation risks, after the RBI lifted it by 25 basis points to 5.50% earlier this month. That level would imply another 75 basis points of increases, though the report gives no timeline. Retail inflation rose to 5.54% in September from 4.83% in August, while wholesale inflation climbed to 11.39% from 9.92%. The fund house says headline CPI remains about 120 basis points above the 4% target, and warns that high crude prices, possible food inflation and strong domestic demand could push inflation above the RBI's 6% upper tolerance limit for two consecutive quarters. It also notes that surplus banking liquidity could weaken the effect of rate hikes, and that rate cuts are off the table.
Related markets
Latest news
- JPMorgan's JPM Coin, representing dollar deposits, is coming to Ethereum: Bloomberg
JPMorgan will make JPM Coin, a token representing its dollar deposits, available to institutional clients on Ethereum, according to Bloomberg. The bank says Ethereum's liquidity makes it attractive to crypto companies seeking blockchain payments and to financial firms settling trades or backing tokenized assets. The move extends JPMorgan's blockchain work beyond Base and its private Kinexys network, which processes more than $7 billion daily. The bank did not say when the token will go live on Ethereum. Meanwhile, JPMorgan is among US banks planning a shared tokenized deposit network, but it was not on Swift's list of 17 banks preparing live transactions on its blockchain ledger in July.
- Cerrado Gold Reports 21% Year-Over-Year Increase in Q3 2026 Production Results at Minera Don Nicolas
Cerrado Gold reported Q3 2026 production of 16,685 GEO at the Minera Don Nicolas (MDN) mine in Santa Cruz Province, Argentina, up 21% from 13,832 GEO in Q3 2025. Year-to-date output reached 44,942 GEO, up 23% from 36,432 GEO in the comparable 2025 period. Heap leach output held steady at 9,649 GEO, while CIL output rose to 7,036 GEO as higher-grade Calandrias material, generally above 2.5 g/t gold, was routed to the Martinetas mill. Laboratory tests on selected material showed gold recoveries of up to 95%, versus about 60% expected from heap leaching, and the company now expects full-year 2026 production at the upper end of its 50,000 to 60,000 GEO guidance while targeting a new PEA by late Q1 2027.
- Is Visa Stock Still a Buy After Gaining 14% This Year?
Visa shares hit an all-time high of $401, up about 12% over the past two weeks from $359 at the end of September and up 14% year to date. Key catalysts include approval from the People's Bank of China to set up a bankcard clearing institution in China and the move of Visa Direct's stablecoin to commercial deployment on Oct. 15. Baird and BMO Capital both raised their price targets. Visa reports fiscal fourth-quarter earnings on Oct. 27 and has raised its dividend every year since 2009, last year by 14% to $0.67 per share. The author still considers the stock a buy ahead of earnings, citing a forward P/E of 24.
- Five things to watch in markets in the week ahead
Markets start the week with AI stocks under pressure after hotter-than-expected September inflation raised expectations of higher US rates and fed worries about debt-funded AI spending. Last week the Philadelphia semiconductor index fell 11.41% and the Nasdaq Composite lost 4.48%, with CoreWeave shedding about a quarter of its value and Oracle down 9.31%. Earnings are in focus, with SpaceX and Netflix reporting on Tuesday and Meta and Tesla on Wednesday after the close. Netflix reportedly plans to cut around 6% of its workforce, roughly 1,000 roles, its biggest reduction since 2022. SpaceX has also agreed to buy spectrum licenses from Grain Management for about $8 billion, a move into the wireless market.
- eMemory/PUFsecurity Showcases OCP S.A.F.E.-Approved PUFrt at OCP Global Summit, Strengthening AI Data Center Security with Caliptra
PUFsecurity, a subsidiary of eMemory Technology, was featured at Microsoft's Caliptra Workshop on Oct. 12, the opening day of the 2026 OCP Global Summit, which drew nearly 400 attendees. Its PUFrt received OCP S.A.F.E. Scope 3 approval after an independent assessment of its resistance to physical attacks such as fault injection and side-channel attacks, and is now listed on the OCP Marketplace. PUFrt provides the physical security foundation for Caliptra, an open-source hardware Root-of-Trust architecture, from key generation to chip mass-production testing. It has already been integrated into Caliptra products from ASPEED and security systems from several memory makers and networking chip vendors. The company says the milestone advances hardware security for cloud and AI infrastructure.
- Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny
Deposits into crypto lending vaults have risen from $4 billion at the start of last year to more than $10 billion, according to the Financial Times. Each vault is run by a 'curator' who selects lending strategies through smart contracts on DeFi platforms, sets risk limits and collects fees, with typical returns of 3% to 10% and riskier strategies reaching 20% or more. Risks include illiquid or hard-to-sell collateral, automatic liquidations, hacks and coding errors, while investors may focus on headline yields. Fintechs, digital asset treasury firms and hedge funds are among the main depositors, and Bitcoin lender Two Prime launched a vault on Pareto targeting 1.5% to 2% yields, with a minimum deposit of 5 WBTC and about $10 million of its own capital absorbing initial losses. U.S. and European regulators are examining whether existing rules should apply, and the SEC has questioned vaults that hold securities.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.