{
  "id": 16696274,
  "title": "Indian shares seen lower as oil stays near six-month high, Fed in focus",
  "url": "https://urgent.news/2026/10/27/indian-shares-seen-lower-as-oil-stays-near-six-month-high-fed-in-focus",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T02:53:38.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40446085/indian-shares-seen-lower-as-oil-stays-near-six-month-high-fed-in-focus"
  },
  "original_language": "en",
  "account": "Indian stocks are anticipated to commence the day on a downward trajectory on Tuesday, erasing a portion of the previous session's gains, as Brent crude prices hover around $115 per barrel and market participants remain cautious in anticipation of the US Federal Reserve's policy decision later in the week. Nifty futures stood at 22,669.5 at 7:53 a.m. IST on Tuesday morning, suggesting a bearish opening for the Nifty 50 index, which ended Monday at 22,753.2. The Nifty 50 and BSE Sensex had risen by 0.7% on Monday, breaking a four-day losing streak, propelled by post-earnings gains in select shares. Brent crude futures have been hovering near a six-month peak following attacks on Saudi Arabia, which has dampened hopes for an immediate alleviation of tensions in the region. Increased oil prices pose a significant challenge for India, as they lead to higher inflation, a larger fiscal deficit, and reduced corporate profits due to India's heavy reliance on importing energy. The US Federal Reserve is likely to maintain interest rates steady on Wednesday, followed by a resumption of its tightening cycle with a rate hike in December, according to a Reuters poll of economists. Hariselvan Radhakrishnan, founder and CEO of HST Wealth, stated that a hawkish signal from the Fed could boost yields and the dollar, potentially hampering emerging-market flows. Conversely, balanced guidance from the Fed might enable the recent equity recovery to expand. Foreign investors offloaded Indian shares valued at 14.62 billion rupees ($153.60 million) on Monday, with a cumulative outflow of $4.75 billion in October and a record $32.56 billion in 2026. While Asian stocks climbed by more than 1%, driven by a surge in AI-linked stocks, India's limited exposure to AI has been a major factor behind the record foreign selloff and the Nifty 50's underperformance relative to its emerging market counterparts.",
  "summary": "Indian shares are set to open lower on Tuesday , giving back some of the previous session’s gains, as Brent crude prices remained near $115 a barrel and investors stayed cautious ahead of the US Federal Reserve’s policy decision later this week. GIFT Nifty futures were at 22,669.5 at 7:53 a.m. IST, indicating a negative start for the benchmark Nifty 50, which closed at 22,753.2 on Monday. The…",
  "key_points": [
    "Indian shares expected to open lower Tuesday",
    "Brent crude prices near six-month high at $115/barrel",
    "Fed likely to keep interest rates steady Wednesday"
  ],
  "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."
}