Closing Bell: Nifty Slips 174 Points as Auto Stocks Drag Markets Lower on Thursday | 01 Oct 2026, 03:45 PM IST
By ThePip Desk
The Nifty 50 closed at 22446.00, down 0.77% on Thursday, 01 October 2026. Heavy selling in the auto sector weighed on indices despite gains in IT stocks.
Market Overview
Indian equity markets settled in the red on Thursday, 01 October 2026, as selling pressure across the auto and metal sectors offset gains in the technology space. The Nifty 50 finished the session at 22446.00, reflecting a decline of −174.45 points or −0.77%. The Nifty Bank index also ended lower, closing at 54565.10, down −67.95 points or −0.12%. The Nifty Midcap 100 index saw a sharper correction, falling −590.00 points to settle at 58742.05.
Index Performance
| Index | Close | Change | Change % |
|---|---|---|---|
| Nifty 50 | 22446.00 | −174.45 | −0.77% |
| Nifty Bank | 54565.10 | −67.95 | −0.12% |
| Nifty Midcap 100 | 58742.05 | −590.00 | −0.99% |
Sectoral Trends and Movers
Technology stocks provided a cushion to the market, with Infosys Ltd. leading the gains after announcing an extension of its collaboration with ABN AMRO Bank to accelerate AI-driven transformation. Infosys Ltd. rose +3.50%. Conversely, the auto sector faced significant headwinds, with Bajaj Auto Ltd. plunging −7.62% and Maruti Suzuki India Ltd. dropping −5.16%.
Institutional Activity
Foreign Institutional Investors (FII) continued their selling trend, offloading ₹10148.41 crore in the previous session, while Domestic Institutional Investors (DII) provided support with a net inflow of ₹11271.73 crore.
What to Watch
Investors should monitor global cues and currency fluctuations before tomorrow’s opening bell. Market participants will also track the sustainability of the current DII buying support against persistent FII outflows.