Mumbai, Oct. 22 -- GIFT Nifty:

GIFT Nifty October 2026 futures were down 94 points, signalling a weak opening for the Nifty 50.

India's Index of Core Industries (ICI) grew 7.9% year on year in September 2026 on a provisional basis, compared with 5.9% in August, according to data released by the government on 21 October 2026. August's growth rate was revised upwards from the provisional estimate of 4.8% to 5.9%.

Iron ore production recorded the highest growth at 18.4%, followed by electricity at 11.4%, coal at 10.7%, refinery products at 10.3%, cement at 9.8% and steel at 4.9%. Fertilizer, natural gas and crude oil production declined by 11.7%, 4.6% and 1.4%, respectively, during September. Coal, refinery products, steel and iron ore we...