{
  "id": 16557364,
  "title": "Sensex, Nifty set for muted open as oil concerns persist, Fed in focus",
  "url": "https://urgent.news/2026/10/26/sensex-nifty-set-for-muted-open-as-oil-concerns-persist-fed-in-focus",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T03:02:12.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/sensex-nifty-set-for-muted-open-as-oil-concerns-persist-fed-in-focus/article71625497.ece"
  },
  "original_language": "en",
  "account": "Indian shares are anticipated to open unchanged on Monday, as market sentiment remains cautious due to high crude oil prices and their effect on inflation. Investors are also closely watching the US Federal Reserve's policy decision later in the week. The Nifty 50 futures were at 22,608 at 7:46 a.m. IST on Monday, suggesting a lackluster start to the trading day for the benchmark index, which closed at 22,600 on Friday. The Nifty 50 and BSE Sensex both declined by 2.4% and 2.2% respectively in the previous week, slipping in all four sessions due to surging oil prices and ongoing tensions in the Middle East. Brent crude futures were trading near $115 a barrel, down from a near six-month peak of $117 after markets closed on Friday, although persistent attacks on Saudi Arabia kept supply concerns at the forefront. The MSCI's Asia-Pacific index, excluding Japan, dropped by 0.3%. The Federal Reserve is expected to refrain from raising interest rates this week and is likely to hike rates in December, according to nearly all economists surveyed by Reuters. This cautious stance reflects policymakers' patience, despite inflationary pressures that suggest a more aggressive response is warranted. Higher US interest rates make emerging market equities, including Indian stocks, less appealing to foreign investors as the dollar and Treasury bonds become more attractive. On Friday, foreign investors purchased Indian shares worth 8.9 billion rupees ($93.74 million), indicating continued interest in the market. They were net buyers in three of the last five trading sessions. IT giant Infosys has lowered its annual revenue growth forecast due to weakness in the key North American market, highlighting how artificial intelligence is reshaping the traditional IT services sector. Kotak Mahindra Bank reported higher-than-expected quarterly profits, fueled by robust loan demand and reduced provisions for bad loans. Drugmaker Dr Reddy's Laboratories announced better-than-expected quarterly profits, benefiting from strong domestic demand that offsets a slowdown in its US market.",
  "summary": "GIFT Nifty futures were at 22,608 at 7:46 am, indicating a muted start for the benchmark Nifty 50, which closed at 22,600 on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Indian shares on track for muted open as oil concerns persist, Fed in focus",
        "url": "https://urgent.news/2026/10/26/indian-shares-on-track-for-muted-open-as-oil-concerns-persist-fed-in",
        "published": "2026-10-26T03:07:10.000Z"
      }
    ]
  },
  "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."
}