Morning Brief: Nifty Dips 0.10% to 24,055; FIIs Turn Buyers with ₹1,143 Cr Inflow | 02 Sept 2026, 08:16 AM IST
By ThePip Desk
Indian equities saw a marginal dip with Nifty closing at 24,055.80, down 0.10%, as FIIs turned net buyers with ₹1,143.38 crore, while global cues remained weak amid rising crude oil prices.
Indian equity benchmarks closed with a negative bias on Tuesday, with the Nifty 50 declining marginally amidst global uncertainties and elevated crude oil prices. Despite the broader market weakness, Foreign Institutional Investors (FIIs) showed renewed buying interest.
Market Snapshot
| Index | Last |
|---|---|
| NIFTY | 24,055.80 (-0.10%) |
| BANKNIFTY | 57,409.60 (-1.06%) |
| NIFTYMIDCAP | 63,334.50 (-1.39%) |
Institutional Flows
Foreign Institutional Investors (FIIs) were net buyers in the Indian equity market on September 01, injecting ₹1,143.38 crore. Domestic Institutional Investors (DIIs) also continued their buying spree with a net inflow of ₹1,846.94 crore. This marks a shift for FIIs, who were significant net sellers on August 31, offloading equities worth ₹7,985.88 crore.
| Date | FII Net (₹ Cr) | DII Net (₹ Cr) |
|---|---|---|
| 2026-09-01 | 1,143.38 | 1,846.94 |
| 2026-08-31 | -7,985.88 | 4,588.88 |
| 2026-08-28 | -5,039.80 | 5,183.93 |
| 2026-08-27 | -298.26 | 4,977.17 |
| 2026-08-26 | 502.63 | 6,425.16 |
As of September 01, SEBI data indicated FIIs were net sellers in the equity segment with an outflow of ₹5,432.83 crore, and also net sellers in the debt segment with an outflow of ₹278.78 crore.
Sector Performance
Nifty IT and FMCG sectors showed resilience, ending the session in positive territory. However, a broad-based selling pressure was observed across other key sectors.
| Sector | Last |
|---|---|
| Nifty IT | 31,496.70 (+0.98%) |
| Nifty FMCG | 46,457.15 (+0.94%) |
| Nifty Financial Services | 26,003.90 (-1.10%) |
| Nifty PSU Bank | 8,505.75 (-1.21%) |
| Nifty Auto | 28,491.05 (-1.22%) |
| Nifty Realty | 891.30 (-1.42%) |
| Nifty Pharma | 26,792.65 (-1.45%) |
Top Movers
Among the Nifty 50, ITC and Bharti Airtel led the gains, while Shriram Finance and Maruti Suzuki were among the top losers.
| Symbol | Company | Last |
|---|---|---|
| Gainers | ||
| ITC | ITC Ltd. | 266.60 (+4.34%) |
| BHARTIARTL | Bharti Airtel Ltd. | 1,877.20 (+3.60%) |
| ADANIPORTS | Adani Ports and Special Economic Zone Ltd. | 1,647.50 (+3.41%) |
| HCLTECH | HCL Technologies Ltd. | 1,351.40 (+2.99%) |
| RELIANCE | Reliance Industries Ltd. | 1,309.00 (+2.51%) |
| Losers | ||
| SHRIRAMFIN | Shriram Finance Ltd. | 1,059.10 (-4.58%) |
| MARUTI | Maruti Suzuki India Ltd. | 12,950.00 (-4.41%) |
| NESTLEIND | Nestle India Ltd. | 1,438.20 (-3.90%) |
| MAXHEALTH | Max Healthcare Institute Ltd. | 1,003.00 (-3.75%) |
| INDIGO | Interglobe Aviation Ltd. | 5,052.00 (-3.48%) |
Global Cues
Global markets faced headwinds from renewed US-Iran tensions and a surge in Brent crude prices above $92 per barrel. US markets closed lower on Monday, while most Asian markets traded in the red on Tuesday, influenced by inflation concerns and expectations of tighter monetary policy. Chinese and Hong Kong markets declined despite hopes for economic stimulus, though South Korea’s Kospi saw gains driven by strong exports and semiconductor demand.
Currency & Bond Markets
The Indian rupee strengthened against the US dollar, closing at 94.96, up 26 paise from its previous close. In the bond market, yields traded higher, with the new 10-year Government Stock yielding 6.96%, a rise of 2 basis points from Monday.
Economy & Policy
- The Finance Ministry’s Monthly Economic Review highlighted that an intensifying El Nino poses risks to domestic food inflation and agricultural output.
- Finance Minister Nirmala Sitharaman stated that India has remained resilient amidst global uncertainties, sustaining over 7% growth since the COVID-19 pandemic.
- S&P Global Ratings reaffirmed India’s sovereign rating at ‘BBB’ with a stable outlook, citing the country’s dynamic economy and policy stability.
- Gross GST collections for August 2026 rose 14.8% year-on-year to ₹1,99,853 crore, driven by growth in both domestic transactions and imports.
- The government notified the Semicon 2.0 programme with an outlay of ₹1.27 lakh crore, offering fiscal support to boost the chip manufacturing ecosystem.
- Chief Economic Advisor V Anantha Nageswaran noted that the RBI’s successful FCNR(B) mobilisation significantly supported India’s balance of payments and provided a floor to the domestic currency.
Corporate Updates
- Epack Prefab Technologies saw its shares rise after incorporating a wholly-owned subsidiary, EPACK Data Center Solutions.
- Force Motors reported a 58.22% jump in total sales for August 2026, with domestic sales of SCV, LCV, UV, and SUV soaring 62.14%.
- Ahasolar Technologies extended its gains for a second consecutive day after receiving a work order from NLC India Renewables.
- Lodha Developers acquired the remaining 20% stake in Bellissimo Infratech for ₹73.52 crore, making it a wholly-owned subsidiary.
- Brigade Enterprises announced its entry into Coimbatore with plans for a residential development across 5.4 acres.
- Adani Green Energy’s arm operationalized a 139 MW solar project in Gujarat, increasing its total operational renewable generation capacity to 20,280.80 MW.
- Thomas Cook (India) inaugurated a new outlet in Chennai, expanding its network in the city to 10 locations.
- Nephrocare Health Services announced an acquisition.
- AMPL Capital held a Board Meeting, with outcome details to follow.
- Tanfac Industries intimated a book closure and record date for its 52nd Annual General Meeting.
IPO Watch
Several Initial Public Offerings (IPOs) opened for subscription on September 01, 2026, and will close on September 03, 2026. These include:
- Fly-Hi Maritime Travels, aiming to raise ₹52.63 crore.
- Rays of Belief, with an issue size of ₹125 crore.
- Farm Peace, looking to raise ₹32 crore.
Additionally, MK Sons Fine Jewels, Paras Healthcare, and Pushp Brand (India) have recently received SEBI’s approval to launch their IPOs.
Mutual Fund News
- Navi Mutual Fund has launched a new Nifty Reits & Realty Index fund, with the New Fund Offer (NFO) opening for subscription on September 01, 2026, and closing on September 10, 2026.