{
  "id": 10844326,
  "title": "Indian shares likely to rise as oil comes off; BSE joins Nifty",
  "url": "https://urgent.news/2026/09/30/indian-shares-likely-to-rise-as-oil-comes-off-bse-joins-nifty",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T03:06:47.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441940/indian-shares-likely-to-rise-as-oil-comes-off-bse-joins-nifty"
  },
  "original_language": "en",
  "account": "Indian shares were anticipated to open slightly higher on Wednesday as indications of improving exports from the Middle East contributed to a decline in crude oil prices, despite the ongoing uncertainty surrounding the US-Iran peace deal. At 7:46 a.m. IST, BSE Nifty futures were trading at 22,834 points, suggesting a favorable opening for the benchmark Nifty 50 index, which had closed at 22,716.2 the previous day. The National Stock Exchange of India's semi-annual index review began on Wednesday, prompting investors to closely observe whether the closing auction session could accommodate increased inflows. BSE will replace IT company Wipro in the Nifty index as part of the review, a move that attracts significant attention from passive funds managing approximately $97 billion in assets under management, as they track the index. In September, Indian benchmarks declined by 5.8%, and are on track for their most significant drop since March. Brent crude futures increased by 1.1% to $103.7 per barrel, following a 2.6% decline in the previous session. US 2-year Treasuries' yields decreased as traders reduced their October rate hike expectations after a Federal Reserve official stated they had ample time to consider additional data before deciding on the next rate hike. On Tuesday, foreign investors sold Indian shares worth 99.8 billion rupees ($1.04 billion), the largest outflow in about four months. They had divested $2.7 billion in shares throughout September, bringing the year-to-date redemptions to $26.75 billion.",
  "summary": "Indian shares were expected to open marginally higher on Wednesday as signs of recovering exports from the Middle East eased crude oil prices , even as the absence of a peace deal between the US and Iran kept investors on tenterhooks. GIFT Nifty futures were at 22,834 points as of 7:46 a.m. IST, indicating a positive start for the benchmark Nifty 50 index, which closed at 22,716.2 on Tuesday. The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Negative opening likely for Indian stock markets",
        "url": "https://urgent.news/2026/09/30/negative-opening-likely-for-indian-stock-markets",
        "published": "2026-09-30T01:56:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}