Mumbai, Oct. 9 -- GIFT Nifty:

GIFT Nifty October 2026 futures rise 2.50 points, signalling a muted opening for the Nifty 50.

IT stocks may remain in focus after the US government suspended eight technology companies, including Microsoft, Adobe, Infosys, Wipro, Tata Consultancy Services (TCS), HCL Technologies, Cognizant and Capgemini, from the Permanent Labor Certification (PERM) programme, a key step in the employment-based green card process. US officials accused the companies of misusing employment-based immigration programmes and displacing American workers. The suspension halts new and pending PERM applications involving the affected companies.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 12,943.58...