Foreign institutional investors turned net sellers in Indian equities on Thursday, provisionally offloading ₹5,027.36 crore worth of shares after being net buyers in the previous session. The Nifty fell to its lowest level in five months, with 48 of its 50 constituents closing lower and insurance stocks leading declines after regulatory proposals. Domestic institutional investors were net buyers, with provisional purchases of ₹4,301.18 crore.

Foreign institutional investors were net sellers of ₹3,809.99 crore in Indian equities on Tuesday, with selling surging more than six-fold from the previous session. Domestic institutional investors remained net buyers, purchasing ₹4,120.07 crore worth of shares and providing support to the market. The Nifty fell 85 points to 23,329 and the Sensex slipped 330 points to 74,529, though both recovered from intraday lows as Brent crude moved below $100 a barrel.

London Metal Exchange copper futures extended gains for a sixth day, the longest winning streak in four months. Shanghai copper inventories fell to 43,900 tons, the lowest level since 2023. Pre-holiday restocking in China and expectations of potential US tariffs have tightened global supply, pushing prices close to record highs.

U.S. stock index futures climbed on Monday, with Dow futures up about 0.7% and S&P 500 and Nasdaq 100 futures also higher. Oil fell to an 11-day low, with Brent at $101.2 a barrel, down 2.6%, and the WTI October contract at $97.80, down 2.5%. Investors are watching an upcoming meeting between U.S. and Chinese leaders while continuing to digest last week’s Federal Reserve rate hike.

Global mined copper supply faces a risk of falling in 2026. Chile, the largest copper-producing country, is expected to see output drop 6.5% in the first half of 2026, while Indonesia and the Democratic Republic of Congo are projected to cut a combined 600,000 tonnes—nearly 2.5% of global supply. Copper prices have risen more than 45% over the past year as demand in China remains strong, with the Yangshan copper premium reaching its highest level since November 2022.

Brent crude fell for a third straight session, down more than 1.3% to around $103 a barrel, though it stayed above $100. Tata Group stocks saw their combined market capitalisation drop by about ₹4.2 trillion, or 1.73%. The Indian rupee snapped a seven-session losing streak, supported by the pullback in oil prices.

India has raised the sugar stockholding limit for bulk consumers to 30 days from 15 days, but any additional stock must come from imported sugar under the Advance Authorisation Scheme or Tariff Rate Quota. Sugar bought from the open market remains capped at 15 days’ consumption. In August, retail sugar prices fell about 10% year on year to ₹58.50 per kg, while ex-mill prices dropped nearly 25%. The change is aimed at ensuring festive-season supply and keeping prices in check.

On the first day of the National Stock Exchange (NSE) initial public offering, the ₹22569 crore issue was subscribed 27%, led by non-institutional investors and employees. US stocks rose on Thursday, with the Dow up 250 points as easing oil prices and lower Treasury yields lifted sentiment. Crude fell, with WTI dropping below $100 and Brent trading under $102 after Saudi Arabia activated alternative export routes to ease supply concerns. The rupee continued to weaken, edging toward the ₹96-to-the-dollar level.

Dell shares climbed 5.8% to $565.15 on Tuesday after European AI chip startup Axelera AI unveiled its Europa inference processor, which it expects to appear in future Dell systems. Axelera said more than 600 customers already use its technology and that signed agreements total tens of millions of dollars. It added that its broader potential sales pipeline could reach $1.5 billion, though it said the figure reflects sales opportunities rather than booked revenue. Dell ended its latest quarter with roughly $95 billion of AI server backlog after shipping $16.4 billion of AI systems.