{
  "id": 14357271,
  "title": "Indian shares on track for muted open as oil prices, foreign outflows weigh",
  "url": "https://urgent.news/2026/10/14/indian-shares-on-track-for-muted-open-as-oil-prices-foreign-outflows",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T02:45:20.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444132/indian-shares-on-track-for-muted-open-as-oil-prices-foreign-outflows-weigh"
  },
  "original_language": "en",
  "account": "Indian shares are expected to open modestly on Wednesday following strong gains on Tuesday, as rising oil prices and persistent foreign outflows dampen sentiment ahead of corporate earnings releases. The Nifty 50 futures were trading at 22,764 at 7:50 a.m. IST on Wednesday, suggesting a lackluster start to the day. The Nifty 50 and Sensex both rose by approximately 1.6% on Tuesday, driven by gains in information technology firms after HCLTech exceeded earnings forecasts. Despite some positive momentum, rising crude oil prices stemming from heightened tensions in the Mideast, which threatens inflation and the external balance of payments, remain a major concern for investors. Ponmudi R, CEO of Enrich Money, noted that while earnings and the IT sector's performance offered some respite, the near-term outlook remained cautious due to these external risks. Oil prices surged to approximately $107 per barrel as market participants grappled with the supply concerns arising from the ongoing conflict between Yemen's Iran-aligned Houthis and Saudi Arabia, juxtaposed with the potential for increased Russian diesel exports. Asian markets also saw slight gains on Wednesday, with AI-linked stocks experiencing some relief after a downturn on the previous trading day, albeit tempered by cautiousness as US inflation data awaited later in the day. Foreign portfolio investors (FPI) had been net sellers of Indian stocks for the past 13 consecutive trading sessions, with outflows totaling 13.05 billion rupees ($136.96 million) on Tuesday. Meanwhile, domestic institutional investors contributed a net inflow of 24.39 billion rupees by purchasing shares. Notable among individual stocks, Tata Elxsi reported higher quarterly profits, buoyed by expansion in its transportation and media divisions. Anand Rathi Share and Stock Brokers experienced a significant sequential increase in net profits, while Transformers and Rectifiers India announced a more than twofold rise in profits for the September quarter compared to the same period last year.",
  "summary": "Indian shares are poised for a muted start on Wednesday after logging gains in the previous session, with rising oil prices and sustained foreign outflows weighing on sentiment while investors assess corporate earnings. GIFT Nifty futures were at 22,764 at 7:50 a.m. IST, indicating a muted start for the Nifty 50, which closed at 22,721.95 on Tuesday. Both the Nifty and Sensex climbed about 1.6%…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}