Updated every Saturday · 8 AM IST

Markets This Week

Week ending 24 Oct 2026

A softer week for markets: staying calm matters

The market experienced a broad-based sell-off this week, with significant declines across most equity indices and sectors. Volatility remains elevated as investors react to widespread downward pressure on asset prices.

Explore funds with AI

India & Global indices

India

NSE

NIFTY 100

23,465.05

↓ 668.05 (-2.77%)

NSE

NIFTY100 ALPHA 30

15,928.60

↓ 906.60 (-5.39%)

NSE

NIFTY100 ENHANCED ESG

4,679.75

↓ 141.95 (-2.94%)

FX

USD / INR

94.94

↓ 0.02% (-0.02%)

GBP / INR

126.92

↑ 0.23% (+0.23%)

EUR / INR

106.27

↓ 0.55% (-0.55%)

What moved most

🛢️ Brent crude

$114.16

↑ 25.3%

Brent crude prices surged significantly this week. This sharp increase reflects a major shift in energy market sentiment.

🏦 NIFTY SMALL FINANCE BANKS & MICROFINANCE INSTITUTIONS

1,161.92

↓ 10.8%

This sector faced the steepest decline among the tracked indices. Investors are clearly pulling back from these financial institutions.

Asset class snapshot

Debt

+3.01%

Equity

-1.99%

Hybrid

+1.01%

Mutual fund categories

Category	Week	Top mover
Large Cap Fund	-0.16%	Navi Total Stock Market US Specific Equity Passive FoF - Regular Plan - Growth Option-0.14%
Liquid Fund	+0.03%	Aditya Birla Sun Life Liquid Fund-Institutional (Growth)+0.16%
Multi Cap Fund	-2.48%	Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund - Direct Plan - IDCW Reinvestment-1.99%
Short Duration Debt Fund	+4.63%	ICICI Prudential Short Term Fund- - (1688)+0.47%
Flexi Cap Fund	-2.97%	ICICI Prudential India Equity FOF - Direct Plan - Growth-1.23%
Value Fund / Contra Fund	-1.53%	DSP Value Fund - Direct Plan - Growth+0.10%
Medium Duration Debt Fund	+34.59%	ICICI Prudential Medium Term Fund - (1UI0)+0.09%
Dynamic Asset Allocation / Balanced Advantage Fund	-1.51%	Parag Parikh Dynamic Asset Allocation Fund - Direct Plan Growth-0.80%
Multi Asset Allocation Fund	-1.41%	Aditya Birla Sun Life Multi-Asset Passive FOF - Direct Plan - IDCW-1.32%
Mid Cap Fund	-3.61%	Edelweiss Mid Cap Fund - Direct Plan - Growth Option-3.09%
Small Cap Fund	-3.99%	Invesco India Smallcap Fund - Direct Plan - IDCW (Payout / Reinvestment)-3.34%
Long Duration Debt Fund	-0.18%	JM Medium to Long Duration Fund (Direct) - Bonus Option - Principal Units+0.69%

This week in markets

India

Indian markets snap 1-week rally following surge in crude, FII outflows - The Hindu
thehindu.com
FIIs net buy Rs 888 crore of Indian equities while DIIs net buy Rs 3459 crore on Oct 23
moneycontrol.com
Pulse of the Street: earnings strengthen, but stocks lose ground | Stock Market News
livemint.com

Global

Wall Street loses ground under pressure from rising oil prices | AP News
apnews.com
US stocks finish down; all eyes on Fed, oil prices - RTHK
news.rthk.hk
Week ahead – Central bank and earnings bonanza could roil markets
fxstreet.com

Turn this week into action

Week ending 24 Oct 2026: The market experienced a broad-based sell-off this week, with significant declines across most equity indices and sectors. Volatility remains elevated as investors react to widespread downward pressure on asset prices. 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.

See older issues

Older issues

Browse previous weekly market recaps as they are published.