Market Highlights: Nifty 50 Falls 294 Points As Banking And Midcap Stocks Face Heavy Selling | 24 Sept 2026, 02:00 PM IST
By ThePip Desk
As of Thursday, 24 September 2026, intraday, the Nifty 50 trades at 23153.10. Markets face significant pressure as banking and midcap indices decline sharply.
Market Snapshot: Mid-Session Update
As of Thursday, 24 September 2026, intraday, the Indian equity markets are witnessing a broad-based sell-off. The Nifty 50 is trading at 23153.10, down −1.25%. The Nifty Bank index is underperforming, currently hovering near 55588.20, reflecting a decline of −1.70%. Meanwhile, the NIFTY Midcap 100 is down −1.62%, trading at 61386.15.
Market Performance Indices
| Index | Current Level | Change | % Change |
|---|---|---|---|
| Nifty 50 | 23153.10 | −294 | −1.25% |
| Nifty Bank | 55588.20 | −961 | −1.70% |
| NIFTY Midcap 100 | 61386.15 | −1010 | −1.62% |
Top Movers
Despite the bearish sentiment, a few stocks are holding ground. Cipla Ltd. leads the gainers, trading at ₹1405.4, up +1.62%. Conversely, Bajaj Finance Ltd. is leading the losers with a sharp decline of −5.12%, trading at ₹989.8.
| Stock | Price | % Change |
|---|---|---|
| Cipla Ltd. | 1405.4 | +1.62% |
| SBI Life Insurance | 1767.7 | +0.44% |
| Bharat Electronics | 396.2 | +0.04% |
| Bajaj Finance | 989.8 | −5.12% |
| HDFC Life Insurance | 532.9 | −5.09% |
| Axis Bank | 1184.1 | −4.75% |
Institutional Activity
Data from the previous session, 23 September 2026, shows net inflows from both categories. FIIs recorded a net inflow of 1,617.45 cr, while DIIs recorded a net inflow of 2,341.46 cr.
Current market sentiment remains cautious as selling pressure dominates the mid-session trading activity.