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Updated every Saturday · 8 AM IST

Markets This Week

Week ending 17 Oct 2026

Indian markets finished the week on a positive note

The market displayed broad-based strength this week, led by a massive surge in the IT sector and significant gains in equity indices. While equities rallied, fixed-income instruments generally faced downward pressure as yields adjusted.

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India & Global indices

India

NSE

NIFTY 100

24,133.10

↑ 585.20 (+2.49%)

NSE

NIFTY100 ALPHA 30

16,835.20

↑ 100.55 (+0.60%)

NSE

NIFTY100 ENHANCED ESG

4,821.70

↑ 152.60 (+3.27%)

FX

FX

USD / INR

94.96

↓ 1.83% (-1.83%)

FX

GBP / INR

126.63

↓ 0.99% (-0.99%)

FX

EUR / INR

106.86

↓ 1.41% (-1.41%)

What moved most

🛢️ Brent crude

$114.16

↑ 25.3%

Oil prices saw a dramatic spike of over 25 percent this week. This sharp increase highlights significant volatility in the energy markets.

📊 Nifty IT

31,924.10

↑ 11.7%

The IT index delivered an impressive performance with a double-digit gain of nearly 12 percent. This sector was a clear standout performer during the current market session.

Asset class snapshot

Debt

+3.02%

Equity

+0.68%

Hybrid

+2.51%

Mutual fund categories

This week in markets

India

  • Stock market today, October 16: Sebi CAS rules, Q2 results, forex reserves, IPOs - Key triggers for Sensex, Nifty - Markets | ET Now

    etnownews.com

  • Dalal Street Week Ahead: Q2 earnings, US & India inflation, oil prices, FII mood, rupee among 10 key factors to watch- Moneycontrol

    moneycontrol.com

  • Indian stock markets snap 8-week losing streak - What’s next for Sensex, Nifty? Triggers, strategy ​for investors | Stock Market News

    livemint.com

Global

  • Stocks slip as dollar heads for weekly loss By Reuters

    investing.com

  • Dollar heads for weekly loss as Fed hike bets fade, AI jitters linger

    cnbc.com

  • Global tech rout loses steam By Reuters

    investing.com

Turn this week into action

Week ending 17 Oct 2026: The market displayed broad-based strength this week, led by a massive surge in the IT sector and significant gains in equity indices. While equities rallied, fixed-income instruments generally faced downward pressure as yields adjusted. Explore category moves below or ask Qonfido's AI co-pilot how this week affects your goals.

Frequently asked questions

What is Markets This Week on Qonfido?

Markets This Week is Qonfido's free weekly recap of Indian indices, global macro cues, and mutual fund category performance, updated every Saturday morning IST.

How often is the weekly market recap updated?

A new edition is generated every Saturday at 8 AM IST using the latest available index and mutual fund NAV data.

Can I use this to pick mutual funds?

The recap highlights category-level moves and links to Qonfido AI Fund Discovery, where you can compare funds, check ratings, and ask the AI co-pilot in plain language.

Older issues

Browse previous weekly market recaps as they are published.