Stock Market Today, 8 October 2026: GIFT Nifty Cues, Sensex and Nifty Pre-Market Data, FII DII Numbers and Stocks in Focus

NSE pre-market report · Data as of 8:15 AM IST · NSE and BSE open at 9:15 AM IST

Good morning, and here is your quick cup of share market today. GIFT Nifty today is sitting barely above Wednesday’s close, so the opening bell looks like a flat shuffle rather than a gap. The backdrop, though, is busy: US bond yields at multi-year highs, Brent back above $100, the rupee at a fresh low, and FII DII data showing foreigners selling for a ninth straight session while domestic funds keep absorbing it. Add Sensex F&O expiry today and TCS opening earnings season after the close, and Nifty 50 and Sensex have plenty to digest.

One note: many people search “Nifty prediction today”. We do not make predictions. We lay out the data so you can read the market yourself.

1. Global Market Cues Today: US Markets, Asian Markets, Crude Oil and Rupee

Wall Street slipped as US Treasury yields climbed. When bond yields rise, safe fixed-income returns look better and some money rotates out of shares.

The US 10-year Treasury yield settled near 5.29%–5.30%, a 52-week high, after touching about 5.35% intraday — its highest since 2002.

India imports most of its oil, so crude and the rupee matter more here than almost any other global input.

Brent reclaimed $100 on reports of attacks on oil tankers and continued tension around the Strait of Hormuz, the narrow sea lane carrying a large share of the world’s seaborne crude.

2. GIFT Nifty Today (SGX Nifty): The First Pre-Market Indicator

GIFT Nifty is the Nifty futures contract traded at GIFT City in Gujarat. It was called SGX Nifty when it traded in Singapore. It trades far longer hours than our cash market, so it is the earliest rough gauge of the open.

Read this carefully. GIFT Nifty is up against its own previous close, but only about 13 points above Nifty’s spot close of 22,603.05 — and around 7:40 AM it was quoted near 22,592, slightly below spot. So the signal is an undecided, flat start. GIFT Nifty is an indicator, never a guarantee.

3. Nifty 50 and BSE Sensex Today: Previous Close

Wednesday belonged to the RBI. The Monetary Policy Committee raised the repo rate by 25 basis points to 5.50% and shifted its stance to “calibrated tightening” — its first hike since February 2023. Benchmarks snapped a two-day winning run.

Nifty opened at 22,690.45 and traded between 22,546.30 and 22,717.65. Week-to-date, measured against the 1 October closes, both benchmarks are still up: Nifty +181.10 points (+0.81%) and Sensex +729.00 points (+1.01%). For context, the previous week was the eighth straight weekly fall — Nifty −3.1%, Sensex −2.7% — and across those eight weeks Nifty lost about 8.7% and Sensex 8.4%.

Breadth was negative: 1,928 advances against 2,251 declines and 192 unchanged. Fourteen of 16 sectoral indices closed lower; only PSU Bank (+1%) and media gained, while Metal (−2.33%), Realty (−1.8%), Auto (−1.6%) and FMCG (−0.9%) lagged.

Nifty Support and Resistance Levels for Today

These are levels analysts say they are watching, for reference, not forecasts.

India VIX is the “fear gauge” — how much volatility option traders are pricing in over the next 30 days. Around 13.9 is on the calmer side, though that can change fast.

4. FII DII Data Today: Wednesday, 7 October 2026 (₹ Crore)

FII means Foreign Institutional Investor (overseas funds); DII means Domestic Institutional Investor (our mutual funds, insurers, pension funds). These are provisional cash-market figures.

October month-to-date stands near −₹23,266 crore for FIIs and +₹24,909 crore for DIIs. Foreign investors have sold for nine sessions running, about −₹57,469 crore cumulatively, and 2026 foreign portfolio outflows are approaching $30 billion — on course for a record year of foreign selling. Domestic money, much of it steady SIP flows into mutual funds, has been the cushion under this market.

5. Stocks in News Today: Stocks to Watch on 8 October 2026

Factual observations only — earnings, corporate actions, F&O restrictions and notable moves. Being “in focus” is not a view on the share.

A stock split divides each share into smaller ones — price per share falls, your total value does not change. A buyback is the company purchasing its own shares back. An EGM is a shareholder meeting held outside the normal annual cycle.

6. Key Events Today: TCS Q2 Results, GST Council Meeting and Sensex Expiry

• TCS Q2 FY27 results after market hours formally open earnings season; its commentary on client spending is read as an IT-sector health check.
• GST Council meeting is scheduled to take up compliance reforms.
• Sensex weekly F&O expiry falls today, which often lifts volumes and causes choppiness late in the session.
• IPO listings: Nityas Gems & Jewellery and Vishal Nirmiti are slated to debut.
• Policy follow-through from Wednesday’s repo hike to 5.50% and the “calibrated tightening” stance.
• Reports suggest the UPI merchant fee may be deferred to 1 January.
• Rupee and crude stay on the watchlist — ₹96.78 near a record low, Brent above $100.

7. F&O Today: Nifty Expiry, Open Interest and F&O Ban List

F&O means Futures and Options — contracts whose value derives from an underlying share or index. Each covers a fixed lot size, not a single share, and each has an expiry date.

Tuesday, 20 October is Dussehra, an NSE trading holiday, so do check the exchange circular for that week’s expiry arrangement.

Open Interest (OI) is the number of F&O contracts still outstanding — not today’s volume, but positions left open. Heavy OI at a strike means a lot of money is parked there. PCR compares put open interest with call open interest; 0.82 means fewer puts than calls are open. Max pain is the strike where the largest number of options would expire worthless, so option writers lose least — at 22,650 it sits just above Wednesday’s close. Both are positioning observations, not targets.

The F&O ban list is a safety mechanism. Each F&O stock has an MWPL (Market Wide Position Limit) capping total open interest across the market. Once OI crosses 95% of MWPL, the stock enters a “ban period”: no fresh F&O positions, only reducing or squaring off. Cash-market trading continues as normal.

The list changes daily, so confirm against the NSE circular before placing an F&O order.

FAQs: Share Market Today (8 October 2026)

What is GIFT Nifty today?

GIFT Nifty was at 22,616.00 around 8:05 AM IST on 8 October, up 58 points (+0.26%) from its previous close of 22,558. That is only about 13 points above Nifty’s spot close of 22,603.05, pointing to a broadly flat start. It was formerly known as SGX Nifty.

What were the Nifty 50 and Sensex closing levels yesterday?

On 7 October 2026, Nifty 50 closed at 22,603.05, down 173.05 points (−0.76%), and BSE Sensex at 72,638.70, down 429.11 points (−0.59%). Nifty Bank ended at 55,055.55, down 72.85 points (−0.13%).

What are the Nifty support and resistance levels today?

Analysts are watching 22,500–22,546 as immediate support, with 22,221.85 cited as major positional support. On the upside, 22,625–22,715 is the first resistance zone, then 22,770–22,800 and 23,000–23,076.90. On the option chain, the highest put OI sits at 22,000 and the highest call OI at 23,000. These are reference levels analysts track, not forecasts.

What is the FII DII data for 7 October 2026?

FIIs were net sellers of ₹6,121.37 crore in the cash market (gross buy ₹12,577.96 crore, gross sell ₹18,699.33 crore). DIIs were net buyers of ₹4,596.57 crore (gross buy ₹18,707.03 crore, gross sell ₹14,110.46 crore). Figures are provisional.

When is Nifty expiry this week?

Nifty weekly options expire on Tuesday, so the next Nifty weekly expiry is 13 October 2026. The Sensex weekly expiry is Thursday — today, 8 October. The monthly F&O expiry is the last Tuesday of the month, 27 October 2026.

Which stocks are in the F&O ban list today?

For 8 October 2026, LIC Housing Finance, Ambuja Cements and Bandhan Bank are in the NSE F&O ban period, with SAIL flagged as a possible exit. During a ban you can only reduce existing F&O positions, while cash-market trading continues normally.

What did the RBI decide in its October 2026 policy?

On 7 October 2026 the RBI’s Monetary Policy Committee raised the repo rate by 25 basis points to 5.50% and changed its stance from “neutral” to “calibrated tightening”. It was the first hike since February 2023, against a backdrop of inflation above the RBI’s 4% target band and crude oil above $100 a barrel.

Data sources: NSE and BSE exchange data, Kotak Neo, NiftyTrader, Business Standard, HDFC Sky, 5paisa, Upstox, ScanX, TheStreet and Trading Economics. Levels are as of the times stated and provisional where indicated. Figures may be revised by the exchanges, and anything that could not be independently verified has been left out.

This report is for informational and educational purposes only and does not constitute investment advice. Please consult a SEBI-registered investment advisor before making any trading or investment decisions.