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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Fed, FPIs & Budget Watch | Indian Equities The Fed Held, the Foreign Funds Flinched, and Delhi Is Listening: Where Indian Equities Go From Here The Fed held at 3.75%–4.00% on a 10–2 vote. FPIs have sold a record ₹3.07 lakh crore through 23 October. Delhi is reportedly weighing an LTCG cut. And on 27 October, the Nifty Smallcap 100 jumped 2.70% in a single session. Wednesday, 28 October 2026, gave Indian markets a rare thing: a day without a nasty surprise from Washington. The Federal Reserve kept its policy rate unchanged at 3.75%–4.00%. Nifty closed at 22,698.85, down just 0.22%, after Sensex had been down nearly 1,000 points at the intraday low. Then came the numbers that matter more. According to provisional NSE data, FII/FPIs were net buyers on the day. Across NSE, BSE and MSEI combined, they bought a net ₹871.83 crore, against DII net buying of ₹643.35 crore. It is one session, and it f...
Demand from India can push gold prices higher: Emkay
26 September, 2013: U.S. Comex gold futures for October delivery settled up at USD 1,335.9 an ounce. Gold prices rose as uncertainty over US budget talks boosted gold's safe haven appeal. 

Fears of a government shutdown escalated as disagreement amongst lawmakers continued over funding Obama healthcare program as a condition to raise the debt ceiling.

The IMF report showing 8 central banks added to their gold reserves also supported gold prices. The U.S. Treasury Secretary has warned theCongress of running out of funds and defaulting on its payments if no action is taken before October 17.
Commenting on the gold outlook, Emkay Commodity Research said, ''Indian customs cleared imported gold lying at the airports which could restart imports soon from India. Gold prices are expected to move up as uncertainty regarding US fiscal issue and a pickup in demand from India can push prices higher.''

Courtesy: Myiris.com 

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