{"id":293834,"date":"2026-10-08T10:22:42","date_gmt":"2026-10-08T04:52:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=293834"},"modified":"2026-10-08T10:22:42","modified_gmt":"2026-10-08T04:52:42","slug":"stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/","title":{"rendered":"Stock Market Outlook Today, 8 October: Sensex and Nifty Prediction With GIFT Nifty Near 22,557, Wall Street, Nikkei and Kospi Cues, FII and DII Flows, Key Support and Resistance Levels and What to Expect From the TCS Results"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>GIFT Nifty 22,557-22,601, down 32-35 pts. Nifty closed 22,603, Sensex 72,639. FIIs sold Rs 6,121 cr. US 10-yr 5.32%. Brent about $101. TCS after hours.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Stock market outlook today points to a flat to weak start, with GIFT Nifty around 22,557 to 22,601, about 32 to 35 points below the Nifty futures&#8217; previous close, after Wall Street ended lower on 7 October as bond yields rose, with the Dow down 0.66% and the S&#038;P 500 and Nasdaq each down about 0.22%. The Nifty closed at 22,603.05 on Wednesday, down 173.05 points or 0.76%, and the Sensex at 72,638.70, down 429.11 points, as the RBI&#8217;s 25 bps hike to 5.50% and Brent near $101 weighed, while foreign investors sold Rs 6,121 crore and domestic institutions bought Rs 4,597 crore. My calculated pivot levels put first support near 22,527 and 22,451 and first resistance near 22,698 and 22,794, with the Nifty&#8217;s 22,500 zone the level that traders are watching. TCS reports Q2 results after market hours and the GST Council meets today, so expect a range-bound session with stock-specific moves unless global yields or oil jump.<\/p>\n<\/p><\/div>\n<p>Stock market outlook today is shaped by yields, oil and foreign selling, since the Nifty is already about 14% below its September 2024 peak. Asian markets were lower on Thursday morning, with the Nikkei down 0.55% and the Kospi down 0.2%.<\/p>\n<p>If you want one page before the opening bell, this article covers the stock market outlook today with a Nifty prediction and Sensex prediction, the GIFT Nifty signal near 22,557, the Nifty close of 22,603 and Sensex close of 72,638.70, Wall Street, Dow, Nikkei, Kospi and Taiwan cues, the 5.32% US yield, FII selling of Rs 6,121 crore, the 22,500 support, a prediction framework, TCS results and the risks.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Stock_Market_Outlook_Today_GIFT_Nifty_and_Global_Cues\" title=\"Stock Market Outlook Today: GIFT Nifty and Global Cues\">Stock Market Outlook Today: GIFT Nifty and Global Cues<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#How_the_Indian_Market_Closed_Before_the_Stock_Market_Outlook_Today\" title=\"How the Indian Market Closed Before the Stock Market Outlook Today\">How the Indian Market Closed Before the Stock Market Outlook Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#FII_and_DII_Flows_in_the_Stock_Market_Outlook_Today\" title=\"FII and DII Flows in the Stock Market Outlook Today\">FII and DII Flows in the Stock Market Outlook Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Nifty_Support_and_Resistance_in_the_Stock_Market_Outlook_Today\" title=\"Nifty Support and Resistance in the Stock Market Outlook Today\">Nifty Support and Resistance in the Stock Market Outlook Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Stock_Market_Outlook_Today_Nifty_Prediction_and_Sensex_Prediction_Framework\" title=\"Stock Market Outlook Today: Nifty Prediction and Sensex Prediction Framework\">Stock Market Outlook Today: Nifty Prediction and Sensex Prediction Framework<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Events_That_Shape_the_Stock_Market_Outlook_Today\" title=\"Events That Shape the Stock Market Outlook Today\">Events That Shape the Stock Market Outlook Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Sectors_and_Stocks_in_the_Stock_Market_Outlook_Today\" title=\"Sectors and Stocks in the Stock Market Outlook Today\">Sectors and Stocks in the Stock Market Outlook Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Risks_to_the_Stock_Market_Outlook_Today\" title=\"Risks to the Stock Market Outlook Today\">Risks to the Stock Market Outlook Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#What_to_Watch_Next_After_the_Stock_Market_Outlook_Today\" title=\"What to Watch Next After the Stock Market Outlook Today\">What to Watch Next After the Stock Market Outlook Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#What_is_the_stock_market_outlook_today\" title=\"What is the stock market outlook today?\">What is the stock market outlook today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Where_is_GIFT_Nifty_trading\" title=\"Where is GIFT Nifty trading?\">Where is GIFT Nifty trading?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#How_did_the_Sensex_and_Nifty_close_on_7_October\" title=\"How did the Sensex and Nifty close on 7 October?\">How did the Sensex and Nifty close on 7 October?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#What_did_Wall_Street_and_Asia_do\" title=\"What did Wall Street and Asia do?\">What did Wall Street and Asia do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#What_are_the_key_Nifty_levels\" title=\"What are the key Nifty levels?\">What are the key Nifty levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#What_did_FIIs_and_DIIs_do\" title=\"What did FIIs and DIIs do?\">What did FIIs and DIIs do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#Which_events_matter_today\" title=\"Which events matter today?\">Which events matter today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/stock-market-outlook-today-8-october-2026-sensex-nifty-prediction-gift-nifty-global-cues\/#What_is_the_Nifty_prediction_and_Sensex_prediction_today\" title=\"What is the Nifty prediction and Sensex prediction today?\">What is the Nifty prediction and Sensex prediction today?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Outlook_Today_GIFT_Nifty_and_Global_Cues\"><\/span><strong>Stock Market Outlook Today: GIFT Nifty and Global Cues<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Market<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Latest move<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">GIFT Nifty<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22,557 to 22,601, down 32 to 35 points<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Signals a flat to weak open against the Nifty&#8217;s 22,603 close<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dow Jones<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 0.66%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Overnight close on 7 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">S&#038;P 500<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 0.22%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Higher bond yields curbed appetite<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nasdaq Composite<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 0.22%, as reported<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tech also eased<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">US stock futures<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Little changed<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dow futures down 0.02%, S&#038;P futures up 0.02%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nikkei 225<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 0.55%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Asian trade on 8 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Kospi<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 0.2%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Asian trade on 8 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Taiwan<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not verified<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">I could not find a reliable figure; check live data<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">US 10-year yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 5.32%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Near a 24-year high of about 5.33%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Brent crude<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About $101<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Supported by tanker attacks near the Strait of Hormuz<\/td>\n<\/tr>\n<\/table>\n<p>The common thread in the stock market outlook today is higher bond yields, which lift the cost of capital and pull money from equities, and which matter more for India because foreign flows are already weak.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on the Nifty and Sensex stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Indian_Market_Closed_Before_the_Stock_Market_Outlook_Today\"><\/span><strong>How the Indian Market Closed Before the Stock Market Outlook Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Index<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Close on 7 October<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Move<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nifty 50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22,603.05<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 173.05 points, or 0.76%; range 22,546.30 to 22,717.65<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sensex<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">72,638.70<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 429.11 points, or 0.59%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nifty Bank<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">55,055.55<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 0.13%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nifty Financial Services<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">24,916.40<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 0.12%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nifty Midcap 100<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Lower<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 0.6% by one report<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nifty Smallcap 100<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Higher<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 0.4% by one report<\/td>\n<\/tr>\n<\/table>\n<p>Before the stock market outlook today, the Nifty opened near 22,690 and sold off into the close after the RBI&#8217;s rate hike, which ended a two-session winning run, and financials and autos led the fall.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Nifty, Sensex and global cues live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"FII_and_DII_Flows_in_the_Stock_Market_Outlook_Today\"><\/span><strong>FII and DII Flows in the Stock Market Outlook Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Participant<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">7 October<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">FIIs, cash<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net sold Rs 6,121.37 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A heavy outflow on the RBI hike day<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">DIIs, cash<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net bought Rs 4,596.57 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Absorbed most of the selling<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net of both<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net sold about Rs 1,524.80 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Institutions together were net sellers<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">FPI selling this year<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A record of about Rs 2.7 lakh crore through 1 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A persistent overhang<\/td>\n<\/tr>\n<\/table>\n<p>Domestic buying has cushioned each fall, which is why the stock market outlook today still has the Nifty above 22,500 even on heavy foreign selling.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nifty_Support_and_Resistance_in_the_Stock_Market_Outlook_Today\"><\/span><strong>Nifty Support and Resistance in the Stock Market Outlook Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Nifty<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Source<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Resistance 3<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22,919<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Pivot level from 7 October data<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Resistance 2<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22,794<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">My classic pivot, from the 7 October high, low and close<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Resistance 1<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22,698 to 22,717<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">My pivot and the 7 October high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Pivot<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22,622<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">My classic pivot<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Support 1<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22,527 to 22,546<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">My pivot and the 7 October low<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Support 2<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22,451 to 22,500<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">My pivot and the psychological level<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Wider support<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22,303 and 22,117<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Levels from one technical provider<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Wider resistance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22,903 and 23,089<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Levels from the same provider<\/td>\n<\/tr>\n<\/table>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Index<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Support 1<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Support 2<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sensex<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">71,755<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">71,208<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bank Nifty<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">54,375<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">53,953<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nifty Financial Services<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">24,611<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">24,422<\/td>\n<\/tr>\n<\/table>\n<p>The pivots in the stock market outlook today are my own classic calculations and provider levels differ, so use them as a map and not as signals.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Market_Outlook_Today_Nifty_Prediction_and_Sensex_Prediction_Framework\"><\/span><strong>Stock Market Outlook Today: Nifty Prediction and Sensex Prediction Framework<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Scenario<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Trigger<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Likely Nifty zone<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Flat to weak open<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">GIFT Nifty near 22,557 to 22,601 and soft Asia<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22,540 to 22,620 in early trade<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Recovery<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Yields ease, banks hold and the Nifty clears 22,717<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22,700 to 22,850<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Slide<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Yields or Brent jump and FIIs sell again, breaking 22,546<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22,450 to 22,500, and 22,300 if 22,450 breaks<\/td>\n<\/tr>\n<\/table>\n<p>This stock market outlook today is a scenario map and not a forecast. The result of TCS after market hours decides the tone for the next session more than for today.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Events_That_Shape_the_Stock_Market_Outlook_Today\"><\/span><strong>Events That Shape the Stock Market Outlook Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>TCS Q2 results after market hours, with a second interim dividend on the agenda.<\/li>\n<li>The GST Council&#8217;s 57th meeting, with pharma, FMCG and telecom in focus.<\/li>\n<li>A proposal to defer UPI merchant discount rates to 1 January 2027 from 15 October.<\/li>\n<li>The rupee near 97 and US Treasury yields near 5.3%.<\/li>\n<li>Brent near $101 and Middle East risks around the Strait of Hormuz.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Sectors_and_Stocks_in_the_Stock_Market_Outlook_Today\"><\/span><strong>Sectors and Stocks in the Stock Market Outlook Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Group<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Why it matters today<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Watch<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IT<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">TCS results set the tone for the sector<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">TCS rose about 3% before results<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Banks<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Higher rates help margins but loan costs hurt demand<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nifty Bank held near 55,000<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Autos and realty<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sensitive to loan costs after the hike<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Weakness on 7 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Metals<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tata Steel&#8217;s Q2 update shows strong India volumes but weak Europe<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reaction at the open<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Pharma<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sun Pharma&#8217;s Rs 15,000 crore NCD plan and the GST Council<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Board meets 12 October<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_the_Stock_Market_Outlook_Today\"><\/span><strong>Risks to the Stock Market Outlook Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Yields:<\/strong> A further rise in US yields can hit global equities and the stock market outlook today for emerging markets.<\/p>\n<p><strong>Oil:<\/strong> Brent above $100 raises inflation and the import bill.<\/p>\n<p><strong>Foreign selling:<\/strong> Another heavy FII outflow can break 22,500 and change the stock market outlook today.<\/p>\n<p><strong>Event risk:<\/strong> TCS and the GST Council can move sectors in either direction.<\/p>\n<p><strong>Gap risk:<\/strong> GIFT Nifty can change before the open, so check the number at 9:00 am.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_After_the_Stock_Market_Outlook_Today\"><\/span><strong>What to Watch Next After the Stock Market Outlook Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>TCS&#8217;s numbers, dividend and the 9 October reaction.<\/li>\n<li>FII and DII data for 8 October.<\/li>\n<li>HCLTech results on 12 October and Sun Pharma&#8217;s board meeting.<\/li>\n<li>US Treasury yields, Brent and the rupee.<\/li>\n<li>Whether the Nifty holds 22,500 for the week.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock market outlook today is for a flat to weak open, with GIFT Nifty near 22,557 to 22,601, Wall Street lower on rising yields and the Nifty at 22,603 after the RBI hike, with 22,500 as the key support. TCS results and the GST Council can move individual sectors. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_stock_market_outlook_today\"><\/span><strong>What is the stock market outlook today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock market outlook today is a flat to weak start, with GIFT Nifty about 32 to 35 points lower, Wall Street down on bond yields and the Nifty at 22,603 after the RBI hike.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_is_GIFT_Nifty_trading\"><\/span><strong>Where is GIFT Nifty trading?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Around 22,557 to 22,601, down about 32 to 35 points from the Nifty futures&#8217; previous close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_the_Sensex_and_Nifty_close_on_7_October\"><\/span><strong>How did the Sensex and Nifty close on 7 October?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Before the stock market outlook today, the Sensex fell 429.11 points to 72,638.70 and the Nifty fell 173.05 points to 22,603.05.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_did_Wall_Street_and_Asia_do\"><\/span><strong>What did Wall Street and Asia do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Dow fell 0.66% and the S&#038;P 500 and Nasdaq about 0.22% each, and the Nikkei and Kospi were down 0.55% and 0.2% on Thursday.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_Nifty_levels\"><\/span><strong>What are the key Nifty levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the stock market outlook today, support is near 22,546 and 22,500, and resistance near 22,717 and 22,794, from my calculations and the 7 October range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_did_FIIs_and_DIIs_do\"><\/span><strong>What did FIIs and DIIs do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> FIIs sold Rs 6,121.37 crore and DIIs bought Rs 4,596.57 crore on 7 October.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_events_matter_today\"><\/span><strong>Which events matter today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For the stock market outlook today, TCS Q2 results after market hours, the GST Council meeting and the UPI MDR proposal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Nifty_prediction_and_Sensex_prediction_today\"><\/span><strong>What is the Nifty prediction and Sensex prediction today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. The stock market outlook today is a scenario map, not a forecast. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the stock market outlook today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock market outlook today is a flat to weak start, with GIFT Nifty about 32 to 35 points lower, Wall Street down on bond yields and the Nifty at 22,603 after the RBI hike.\"}},{\"@type\":\"Question\",\"name\":\"Where is GIFT Nifty trading?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Around 22,557 to 22,601, down about 32 to 35 points from the Nifty futures' previous close.\"}},{\"@type\":\"Question\",\"name\":\"How did the Sensex and Nifty close on 7 October?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Before the stock market outlook today, the Sensex fell 429.11 points to 72,638.70 and the Nifty fell 173.05 points to 22,603.05.\"}},{\"@type\":\"Question\",\"name\":\"What did Wall Street and Asia do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Dow fell 0.66% and the S&P 500 and Nasdaq about 0.22% each, and the Nikkei and Kospi were down 0.55% and 0.2% on Thursday.\"}},{\"@type\":\"Question\",\"name\":\"What are the key Nifty levels?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the stock market outlook today, support is near 22,546 and 22,500, and resistance near 22,717 and 22,794, from my calculations and the 7 October range.\"}},{\"@type\":\"Question\",\"name\":\"What did FIIs and DIIs do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"FIIs sold Rs 6,121.37 crore and DIIs bought Rs 4,596.57 crore on 7 October.\"}},{\"@type\":\"Question\",\"name\":\"Which events matter today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For the stock market outlook today, TCS Q2 results after market hours, the GST Council meeting and the UPI MDR proposal.\"}},{\"@type\":\"Question\",\"name\":\"What is the Nifty prediction and Sensex prediction today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. The stock market outlook today is a scenario map, not a forecast. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stock market outlook today, 8 October: GIFT Nifty, global cues, FII flows, Nifty and Sensex levels and a prediction framework.<\/p>\n","protected":false},"author":35,"featured_media":293833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[9903,7847,5378,7606,4361,7859],"class_list":["post-293834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-fii-dii","tag-gift-nifty","tag-global-cues","tag-nifty-prediction","tag-sensex-prediction","tag-stock-market-outlook-today"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["293833"],"rank_math_title":["Stock Market Outlook Today, 8 Oct: Sensex, Nifty Prediction"],"rank_math_description":["Stock market outlook today, 8 October: GIFT Nifty signals a flat to weak open. See global cues, FII flows, Nifty and Sensex levels and a prediction for the session."],"rank_math_focus_keyword":["stock market outlook today"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/stock-market-outlook-today-8-october-sensex-and-nifty-prediction-with-gift-nifty.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/293834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=293834"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/293834\/revisions"}],"predecessor-version":[{"id":293835,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/293834\/revisions\/293835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/293833"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=293834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=293834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=293834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}