Market Highlights: Nifty 50 Falls 0.88 Percent As Auto Stocks Drag Down Market Sentiment Today | 02 Oct 2026, 02:00 PM IST
By ThePip Desk
As of Friday, 2 October 2026, intraday, Nifty 50 trades at 22,421.95. Selling pressure in the auto sector dominates the afternoon session for Indian equity investors.
Market Overview
As of Friday, 2 October 2026, intraday, the Indian equity markets are experiencing a sharp pullback. The Nifty 50 is trading at 22,421.95, down −0.88% or −199 points. The Nifty Bank index follows a similar trend, currently hovering near 54,450.75, reflecting a decline of −0.33%. Meanwhile, the Nifty Midcap 100 index is under significant pressure, trading down −1.01%, a loss of −600 points.
| Index | Current | Change | % Change |
|---|---|---|---|
| Nifty 50 | 22,421.95 | −199 | −0.88% |
| Nifty Bank | 54,450.75 | −182 | −0.33% |
| Nifty Midcap 100 | 58,732.00 | −600 | −1.01% |
Top Movers
Despite the broader market weakness, specific stocks are showing resilience. Infosys Ltd. leads the gainers, trading at ₹1035 with a gain of +4.11%. Conversely, the auto sector is facing intense selling, with Bajaj Auto Ltd. falling −7.62% and Maruti Suzuki India Ltd. declining −4.86%.
| Company | Price | Change % |
|---|---|---|
| Infosys Ltd. | ₹1035 | +4.11% |
| Bajaj Auto Ltd. | ₹10045 | −7.62% |
| Maruti Suzuki | ₹11386 | −4.86% |
Institutional Activity
Market participants are monitoring flow data from the previous session. On 1 October 2026, FIIs were net sellers at −9,484.22 cr, while DIIs acted as a support mechanism with net buying of +10,041.84 cr.
The current market sentiment remains cautious as heavy selling in auto stocks offsets gains in the IT and banking sectors.