Mumbai, Sept. 22 -- GIFT Nifty:

GIFT Nifty October 2026 futures were down 44.50 points, indicating a negative start for the Nifty 50.

India's core sector output growth slowed to 4.8% year-on-year in August 2026 from a revised 5.0% growth in July. The eight core industries had initially recorded 5.4% growth in July, which was subsequently revised to 5.0%.

The August growth was supported by higher output of cement and electricity, which rose 12.5% and 11.6%, respectively. Steel production increased 3.4%, while output of coal, crude oil, natural gas and fertilisers declined.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 576.20 crore, while domestic institutional investors (DIIs) were net buyers to the tune...