Closing Bell: Nifty Slips 198 Points as Auto Stocks Drag Market Lower on Friday | 02 Oct 2026, 03:45 PM IST
By ThePip Desk
The Nifty 50 ended at 22421.95 on Friday, October 2, 2026, as significant selling pressure in the automotive sector outweighed gains in IT stocks.
Market Overview
The Indian equity markets concluded the session on Friday, 02 October 2026, with the Nifty 50 settling at 22421.95, reflecting a decline of −198.50 (−0.88%). The Nifty Bank index also faced downward pressure, closing at 54450.75, down by −182.30 (−0.33%), while the NIFTY Midcap 100 index finished at 58732.00, marking a loss of −600.05 (−1.01%).
Index Performance
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 22421.95 | −198.50 | −0.88% |
| Nifty Bank | 54450.75 | −182.30 | −0.33% |
| NIFTY Midcap 100 | 58732.00 | −600.05 | −1.01% |
Top Movers
Infosys Ltd. led the gainers with a rise of +4.11%, bolstered by the announcement that Infosys Ltd. has extended its collaboration with ABN AMRO Bank to accelerate the bank’s AI-driven transformation. Conversely, Bajaj Auto Ltd. emerged as the top loser, declining by −7.62%.
| Top Gainers | Change % | Top Losers | Change % |
|---|---|---|---|
| Infosys Ltd. | +4.11% | Bajaj Auto Ltd. | −7.62% |
| HDFC Life | +2.49% | Maruti Suzuki | −4.86% |
| HDFC Bank | +1.76% | Shriram Finance | −3.84% |
Institutional Activity
Foreign Institutional Investors (FII) remained net sellers, offloading ₹9484.22 crore in today’s session, while Domestic Institutional Investors (DII) provided support with net purchases of ₹10041.84 crore.