Indian equities headed into Monday with a four-session losing run behind them, while pre-open futures readings stayed near Friday’s close as traders tracked crude prices and this week’s Federal Reserve meeting.
National Stock Exchange of India data put the Nifty 50 at 22,600 on Friday, Oct. 23. Nifty Indices data show a close of 23,146.15 on Oct. 16, making the 2.36% decline a calculation from those two closes. Daily data record losses in the sessions on Oct. 19, 21, 22 and 23.
The BSE Sensex closed Friday at 73,123.83, according to the exchange’s archive, versus 74,729.27 on Oct. 16. That represents a calculated 2.15% decline over the period.
Mint reported a GIFT Nifty reading of 22,608, eight points above the Nifty’s Friday close. Mint’s report time converts to 10:16 p.m. ET Sunday (02:16 UTC Monday). Moneycontrol later reported 22,610, 10 points higher, around 10:30 p.m. ET Sunday (02:30 UTC Monday). Both outlets described the readings as signaling little change at the open.
Investing.com historical futures data showed ICE Brent December 2026 futures settling at $116.72 a barrel Friday, up 3.14% for the day. The Associated Press reported that no settlement had been higher since June 2022. Moneycontrol said costlier crude could pressure India’s inflation outlook, raise import costs and squeeze company margins.
The Federal Open Market Committee (FOMC) is scheduled to meet Tuesday and Wednesday, Oct. 27-28. The Federal Reserve’s calendar lists a press conference for Wednesday.
Moneycontrol linked oil-supply concerns to regional tensions and attacks involving Saudi Arabia. Separately, the Saudi Press Agency reported Sunday that Saudi air defenses intercepted and destroyed a ballistic missile launched toward Riyadh. The agency attributed the account to Maj. Gen. Turki Al-Malki, spokesman for the Saudi-led coalition in Yemen.
