Local stock markets are likely to start on a cautious note today. The Gift Nifty April 2026 futures have edged up 0.03 points, hinting at a positive opening for the benchmark index today. The domestic equity market fell in last session, with BSE Sensex and Nifty 50 modestly lower.The BSE Sensex has eased 5.27% over the last one month, while the NSE Nifty has posted modest losses of 5.94% over the same period.

In Asia today, sentiment was subdued. China’s SSE Composite Index drifted lower 1% while Japan’s Nikkei 225 posted modest losses of 0.77%. Hong Kong’s Hang Seng Index ticked up 1.16%.

Foreign portfolio investors (FPIs) sold shares worth Rs 12,943 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 10,703 crore in the Indian equity market on 8 October 2026, provisional data showed.

Overnight on Wall Street, stocks posted modest losses across the board. The Dow Jones Industrial Average was modestly higher by 51.77 points, or 0.10%, and closed at 51252.64. The S&P 500 drifted lower 0.46% to end at 7786.70, and the NASDAQ Composite posted modest losses of 1.25% to 27216.49.

Yesterday, the S&P BSE Sensex eased 1045.46 points or 1.44% to 71593.24. The Nifty 50 index slipped 371.25 points or 1.64% to 22231.80. Infosys Ltd was top gainer in Nifty 50 yesterday, edging up 0.50% to Rs 997. The stock has edged up around 1.43% in last one-week and trades lower 10.47% over last one-month.

In sectoral indices, only Nifty IT index ended slightly lower yesterday, down 0.08% on the day.