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Stock Market Today, 9 October 2026: GIFT Nifty, Sensex and Nifty Pre-Market Cues, FII DII Data and Stocks to Watch

October 9, 2026 | by NammaStockMarket

Stock Market Today 9 October 2026 – GIFT Nifty, Sensex and Nifty Pre-Market Cues

NSE pre-market report · Data as of 8:30 AM IST · NSE and BSE open at 9:15 AM IST

Good morning. Let us look at share market today over a cup of chai, because yesterday was a rough one. The Nifty 50 fell 371 points and touched its lowest level of 2026 before closing at 22,231.80. Crude oil above $100, an RBI rate hike and non-stop foreign selling all pushed in the same direction.

But this morning the mood looks a little different. GIFT Nifty today is trading roughly 130 points above yesterday’s Nifty close, which hints at a higher start for Nifty 50 and Sensex. The FII DII data again showed the familiar pattern of foreign investors selling and domestic institutions absorbing most of it. On the derivatives side, there is no F&O expiry today — the next Nifty weekly expiry is on Tuesday, 13 October.

Let us go through the numbers one by one. No predictions here, only what the data actually says.

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

Wall Street closed mixed on Thursday. The Dow Jones managed a small gain while technology shares fell, dragging the Nasdaq down sharply. The trigger was a combination of rising US bond yields and fresh caution around artificial intelligence spending.

Index Close (8 Oct) Change % Change
Dow Jones Industrial Average 51,231.64 +51.77 +0.10%
S&P 500 7,765.36 −36.41 −0.47%
Nasdaq Composite 27,193.34 −345.35 −1.25%
Nasdaq 100 30,725.81 — −1.39%

The US 10-year Treasury yield was around 5.22%. When US bond yields are this high, foreign money tends to find American debt more attractive than emerging-market shares — one reason behind the FII selling we keep seeing.

Asian markets this morning are mostly weak, with Hong Kong the exception.

Asian Index % Change (early trade, 9 Oct)
Hang Seng (Hong Kong) +1.09%
Singapore FTSE −0.16%
Shanghai Composite −0.70%
Nikkei 225 (Japan) −1.03%
KOSPI (South Korea) −2.62%

Now the two numbers that matter most for India right now — oil and the rupee.

Item Level Change
Brent crude (Dec futures) $103.85 −0.82%
WTI crude (Nov futures) $92.75 +5.06% (8 Oct)
Rupee vs US dollar ₹96.88 −13 paise (8 Oct)
Dollar index 102.40 +0.16%

Brent touched $105.02 overnight before easing. The jump came from worries about oil supply through the Strait of Hormuz after reported attacks on tankers. Prices cooled a little after US President Donald Trump said Washington will not strike Iran again before the midterm elections.

Why does this matter for us? India imports most of its crude oil. Costlier oil means a bigger import bill, pressure on the rupee, and higher input costs for paint, tyre, airline and chemical companies. The rupee at ₹96.88 is near its weakest levels, which makes those imports even more expensive in rupee terms.

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

GIFT Nifty is the Nifty futures contract that trades at GIFT City in Gandhinagar, Gujarat. It used to be called SGX Nifty when it traded in Singapore. Because it trades for far longer hours than the NSE, it is the first clue traders get about how our market may open.

Item Value
GIFT Nifty level (8:09 AM IST) 22,364.00
GIFT Nifty previous close 22,363.50
Day’s high 22,392.00
Day’s low 22,326.50
Nifty 50 spot close (8 Oct) 22,231.80
Premium over Nifty spot about +132 points

So GIFT Nifty is sitting around 132 points above yesterday’s Nifty close. Readings this morning ranged between roughly 22,360 and 22,420 across different snapshots, all of them pointing to a gap-up start rather than a gap-down.

One caution: GIFT Nifty is an indicator, not a promise. It tells you where overnight sentiment is, and nothing more. Markets often open at one level and go somewhere else entirely within fifteen minutes.

Nifty 50 and BSE Sensex Today: Previous Close

Thursday was a broad sell-off. Every single sectoral index on the NSE closed in the red. The Nifty’s intraday low of 22,179.90 was its lowest point of 2026, and the close was its weakest daily close since April 2025.

Index Close (8 Oct) Change % Change Week So Far*
Nifty 50 22,231.80 −371.25 −1.64% −0.85%
BSE Sensex 71,593.24 −1,045.46 −1.44% −0.44%
Nifty Bank 54,515.05 −540.50 −0.98% —
Nifty Midcap 100 57,882.50 −1,500.10 −2.53% —
Nifty Smallcap 100 — — −2.34% —

*Week so far is measured from the 1 October close, the last session before the Gandhi Jayanti holiday.

Notice that midcaps and smallcaps fell almost twice as much as the Nifty. That is typical on heavy selling days — smaller companies have fewer buyers, so prices move further on the same amount of selling. Total market value of BSE-listed companies fell about ₹11.15 lakh crore to ₹461.20 lakh crore.

Category Stock % Change (8 Oct)
Gainer Infosys +0.50%
Gainer Tech Mahindra +0.34%
Gainer Axis Bank +0.20%
Loser Adani Enterprises −5.36%
Loser JSW Steel −4.46%
Loser ITC −4.03%
Loser Max Healthcare −4.00%
Loser InterGlobe Aviation (IndiGo) −3.55%

Among sectors, Nifty Metal was worst hit at −3.55%, followed by Realty at −3.16% and Oil & Gas at −2.52%. Nifty IT was the most resilient, down only around 0.1%, helped by the weaker rupee — IT companies earn in dollars, so a cheaper rupee lifts their reported income.

Nifty Support and Resistance Levels for Today

These are simply the levels market analysts said they are tracking. Think of support as a price zone where buying has shown up before, and resistance as a zone where selling has appeared. These are levels being watched, for reference, not forecasts.

Level Type Nifty 50 Nifty Bank
Resistance 2 22,400 —
Resistance 1 22,300–22,350 54,800
Previous close 22,231.80 54,515.05
Support 1 22,100 54,200
Support 2 21,950 —

SBI Securities noted that a sustained move above 22,400 would be needed to ease the current downward pressure, and flagged 22,100 and then 21,950 as the supports below.

Volatility Gauge Value (8 Oct) Change
India VIX 15.28 +10.0%

India VIX is the market’s “nervousness meter”. It estimates how much swing traders expect over the next 30 days. A 10% jump in a single day tells you option writers demanded more premium because they saw more risk. Under 15 is usually calm; above 20 is genuinely jumpy. At 15.28 we are at the edge of calm.

FII DII Data Today: Thursday, 8 October 2026 (₹ Crore)

FII means Foreign Institutional Investor — overseas funds investing in Indian shares. DII means Domestic Institutional Investor — our own mutual funds, insurance companies and pension funds. Gross buy is everything they bought, gross sell is everything they sold, and net is the difference.

Category Gross Buy Gross Sell Net
FII (cash) 15,725.40 28,669.00 −12,943.60
DII (cash) 22,988.00 12,284.90 +10,703.10

That FII figure of nearly ₹12,944 crore of net selling was the heaviest single-day foreign outflow of the month. Domestic institutions bought ₹10,703 crore, absorbing most but not all of it — the gap of about ₹2,240 crore is part of why the indices fell so hard.

Here is how the week has gone, day by day.

Date FII Net DII Net
5 Oct (Mon) −4,699.10 +5,181.60
6 Oct (Tue) −2,961.30 +5,088.90
7 Oct (Wed) −6,121.40 +4,596.60
8 Oct (Thu) −12,943.60 +10,703.10
Week total −26,725.40 +25,570.20
Period FII Gross Buy FII Gross Sell FII Net DII Net
This week (5–8 Oct) 55,236.70 81,962.10 −26,725.40 +25,570.20
October so far — — −36,210 +35,612

Foreign investors have now sold for ten sessions in a row, a cumulative net outflow of about ₹70,413 crore. The reasons being cited are the high US bond yields, the weak rupee and the RBI’s shift to a tighter monetary stance. Domestic money, largely driven by steady SIP inflows into mutual funds, has been the counterweight.

Stocks in News Today: Stocks to Watch on 9 October 2026

These companies have specific news or events attached to them today. This is a factual list of what happened, not a view on any of them.

Company Why It’s in the News
TCS Q2 net profit rose 15% YoY to ₹13,884 crore from ₹12,075 crore. Revenue up 11.22% YoY at ₹73,188 crore. AI contributed about 10% of revenue; annualised AI revenue at $3.1 billion versus $2.6 billion last quarter.
Infosys, Wipro, HCLTech, TCS The US suspended eight IT companies from the PERM green-card labour certification programme. The direct earnings impact is not yet clear.
ITC GQG Partners sold a 2.91% stake across 14 tranches — 36,50,84,221 shares at an average ₹257.35, totalling ₹9,395.44 crore in block deals.
Hexaware Technologies Announced a multi-year partnership with Anthropic and became a Preferred Partner in the Claude Partner Network. Claude will be built into its Zerovity and AgentVerse platforms.
JSW Steel Q2 FY27 business update: consolidated crude steel production at 7.27 million tonnes, up 5% YoY and 10% QoQ. Indian operations at 7.07 million tonnes.
NCC Ltd Won an order worth ₹1,286.03 crore (excluding GST) from Hyderabad Growth Corridor Ltd for Radial Road-2, Package-1 in Telangana, over 18 months.
Cochin Shipyard The Shipping Minister said the company has received orders to build more than 40 ships, from countries including the US, Germany and Norway.
Adani Enterprises Fell 5.36% on Thursday, the biggest Nifty 50 loser.
Ambuja Cements, Bandhan Bank, LIC Housing Finance All three are in the F&O ban list today. Only position-reducing trades are allowed in their derivatives.
Poonawalla Fincorp, Anand Rathi Wealth, Can Fin Homes, Canara HSBC Life, Canara Robeco AMC Among 11 companies reporting Q2 FY27 results today.

Key Events Today: Q2 Earnings, Crude Oil and the RBI Aftermath

A few threads to keep an eye on during the session.

Q2 FY27 earnings season is now properly underway. Eleven companies report today, mostly from financial services. TCS has already set the tone for IT with a 15% profit rise.

Crude oil and West Asia. Brent has eased from its $105 peak but is still above $100. Any fresh headline about the Strait of Hormuz moves oil, and oil moves the rupee, inflation expectations and several Indian sectors at once.

The RBI’s new stance. On Wednesday the RBI raised the repo rate by 25 basis points to 5.50% — its first hike in nearly four years — and shifted from a neutral stance to “calibrated tightening”. The Governor indicated rate cuts are off the table for now. Rate-sensitive sectors like realty, autos and banks are still digesting this.

US Federal Reserve commentary. Remarks from Fed Governor Christopher Waller are in the news, with the US 10-year yield holding above 5.2%.

The rupee at ₹96.88. Watch for any RBI intervention in the currency market.

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

F&O stands for Futures and Options — contracts whose value is derived from an underlying share or index. They trade in fixed bundles called lot size, and they have an expiry date on which they settle.

There is no expiry today. Here is the calendar:

Expiry Date
Nifty weekly Tuesday, 13 October 2026
Sensex weekly Thursday, 15 October 2026
Monthly F&O (last Tuesday) Tuesday, 27 October 2026
Next market holiday Tuesday, 20 October 2026 (Dussehra)

Now the option chain data, as of Thursday’s close. First, the jargon:

Open Interest (OI) is the number of derivative contracts currently live and not yet settled. Rising OI at a strike price means more money is being parked there.

PCR or Put-Call Ratio divides total put open interest by total call open interest. Below 1 means more call positions than put positions are outstanding — traders have written more calls, which is generally read as a cautious or bearish lean. Above 1 leans the other way.

Max pain is the strike price at which the largest number of option buyers would lose money if the index settled exactly there on expiry. Option writers are positioned around it.

MWPL stands for Market Wide Position Limit. It caps how much of a stock’s free float can be held in open derivative positions. Cross 95% of the cap and the exchange puts that stock in the F&O ban.

Option Chain Metric Value (8 Oct close)
Put-Call Ratio (PCR) 0.62
Change-in-OI PCR 0.32
Max pain strike 22,400
Highest call OI strike 23,000
Highest put OI strike 22,000
Option-implied range 22,002 – 22,462

A PCR of 0.62 is on the low side, and the change-in-OI PCR of 0.32 is lower still — call writing was heavier than put writing through Thursday’s fall. The highest put OI sitting at the 22,000 strike means that is where the largest block of put positions is concentrated. Again, these are observations about where positions sit, not a view on where the index goes.

F&O ban list today (9 October 2026):

Stock Current MWPL %
Ambuja Cements 94.08%
Bandhan Bank 85.65%
LIC Housing Finance 85.20%

For these three, only trades that reduce an existing position are allowed in derivatives today. You can still buy and sell the shares normally in the cash segment with your demat account — whether intraday or for delivery. The ban applies only to futures and options.

Stocks the exchange flagged as close to the limit include Kaynes Technology (90.52%), Manappuram Finance (86.44%), Inox Wind (83.95%) and Vodafone Idea (81.80%).

FAQs: Share Market Today (9 October 2026)

What is GIFT Nifty today?

GIFT Nifty was at 22,364.00 at 8:09 AM IST on 9 October 2026, which is about 132 points above the Nifty 50’s spot close of 22,231.80. That points to a higher opening. GIFT Nifty is the Nifty futures contract traded at GIFT City in Gandhinagar, formerly known as SGX Nifty when it traded in Singapore.

What were the Nifty 50 and Sensex closing levels yesterday?

On Thursday, 8 October 2026, the Nifty 50 closed at 22,231.80, down 371.25 points or 1.64%. The BSE Sensex closed at 71,593.24, down 1,045.46 points or 1.44%. The Nifty’s intraday low of 22,179.90 was its lowest level of 2026.

What are the Nifty support and resistance levels today?

Analysts said they are watching 22,300–22,350 and then 22,400 on the upside, with support at 22,100 and 21,950 below. For Nifty Bank, the levels mentioned were 54,800 on the upside and 54,200 as support. These are levels being tracked for reference, not forecasts of where the index will go.

What is the FII DII data for 8 October 2026?

Foreign institutional investors were net sellers of ₹12,943.60 crore in the cash segment, while domestic institutional investors were net buyers of ₹10,703.10 crore. For the week so far, FIIs have sold a net ₹26,725.40 crore and DIIs have bought a net ₹25,570.20 crore. Foreign selling has now run for ten straight sessions.

When is the Nifty expiry this week?

The Nifty weekly expiry falls on Tuesday, 13 October 2026. The Sensex weekly expiry is on Thursday, 15 October 2026. The monthly F&O expiry for October is on Tuesday, 27 October 2026, the last Tuesday of the month. There is no expiry today.

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

Three stocks are in the NSE F&O ban list on 9 October 2026: Ambuja Cements, Bandhan Bank and LIC Housing Finance. Only position-closing trades are permitted in their derivatives. Cash-market trading in these shares continues as normal.

Why did the Indian stock market fall so sharply on 8 October?

Four factors came together. Brent crude rose above $104 a barrel on Strait of Hormuz supply worries. The RBI had raised the repo rate by 25 basis points to 5.50% the previous day and moved to a calibrated tightening stance. Foreign investors sold nearly ₹12,944 crore of shares. And the rupee weakened to ₹96.88 against the dollar while the US 10-year yield stayed above 5.2%.

What is Nifty prediction today?

We do not make predictions, and nobody can reliably tell you where the Nifty will close. What we can do is lay out the data: GIFT Nifty is pointing to a higher open, India VIX rose 10% to 15.28, the option chain shows max pain at 22,400 with a PCR of 0.62, and foreign investors have sold for ten sessions running. What you do with that is your own decision, ideally taken with a SEBI-registered advisor.

Data sources: NSE and BSE closing data via Kotak Neo, Business Standard, HDFC Sky and Liquide; GIFT Nifty and option chain via NiftyTrader; FII/DII figures via 5paisa; F&O ban list via Kotak Neo; US and Asian market data via Yahoo Finance and Upstox; rupee via ThePrint. Index and currency levels are as of the 8 October 2026 close unless stated otherwise. Pre-market figures are snapshots taken around 8:00–8:30 AM IST and will have changed by the opening bell.

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.

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