Morning Brief: Nifty Dips 0.16% to 24,395; FIIs Net Sellers, DIIs Provide Strong Support | 14 Aug 2026, 08:15 AM IST
By ThePip Desk
Indian markets closed mixed on Thursday, with the Nifty 50 down 0.16% to 24,395.85, while the Sensex gained marginally. Foreign Institutional Investors (FIIs) were net sellers, though Domestic Institutional Investors (DIIs) provided strong buying support. Global cues remained mixed amid geopolitical tensions.
Indian equity benchmarks ended a mixed session on Thursday, with the Nifty 50 registering a slight dip while the Sensex managed a marginal gain. Investors remained cautious amidst persistent geopolitical tensions in the Middle East and elevated crude oil prices. Foreign Institutional Investors (FIIs) continued their selling streak, however, strong buying support from Domestic Institutional Investors (DIIs) helped limit broader market losses. Softer-than-expected US inflation data also provided some relief, easing concerns over potential Federal Reserve rate hikes.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 24,395.85 (-0.16%) |
| Nifty Bank | 57,635.25 (-0.43%) |
| Nifty Midcap 100 | 64,121.55 (+0.15%) |
Institutional Flows
FIIs continued to offload Indian equities, recording net sales of ₹510.69 crore on August 13. This marks a continuation of the selling trend observed over the last two sessions. In contrast, DIIs were significant net buyers, infusing ₹4,353.09 crore into the market, providing crucial support. Over the past three days, FIIs have been net sellers in both equity and debt segments.
| Date | FII Net (Cr) | DII Net (Cr) |
|---|---|---|
| 2026-08-13 | -510.69 | 4,353.09 |
| 2026-08-12 | -1,002.50 | 5,841.66 |
| 2026-08-11 | 258.55 | 24.77 |
| 2026-08-10 | 1,974.76 | -1,290.29 |
| 2026-08-07 | 480.24 | 235.56 |
| Date | FII Equity Net (Cr) | FII Debt Net (Cr) |
|---|---|---|
| 2026-08-12 | -172.83 | -121.94 |
| 2026-08-11 | 3,506.39 | 521.85 |
| 2026-08-10 | 1,020.73 | 1,720.17 |
Sector Performance
Nifty Realty led the gains among sectors, followed by FMCG and IT. Financial Services, PSU Bank, and Pharma indices saw declines.
| Sector | Last |
|---|---|
| Nifty Realty | 898.4 (+0.97%) |
| Nifty FMCG | 48,837.3 (+0.84%) |
| Nifty IT | 31,453.9 (+0.39%) |
| Nifty Auto | 29,392.15 (+0.10%) |
| Nifty Pharma | 26,686.8 (-0.28%) |
| Nifty PSU Bank | 8,788.95 (-0.32%) |
| Nifty Financial Services | 26,327.95 (-0.37%) |
Top Movers (Nifty 50)
| Symbol | Company | Last |
|---|---|---|
| TATACONSUM | Tata Consumer Products Ltd. | 1,090.5 (+2.69%) |
| TMPV | Tata Motors Passenger Vehicles Ltd. | 349.6 (+1.92%) |
| NTPC | NTPC Ltd. | 344.25 (+1.41%) |
| HINDUNILVR | Hindustan Unilever Ltd. | 2,092 (+1.41%) |
| SHRIRAMFIN | Shriram Finance Ltd. | 1,132.3 (+1.35%) |
| Symbol | Company | Last |
|---|---|---|
| HINDALCO | Hindalco Industries Ltd. | 1,046.25 (-2.99%) |
| ICICIBANK | ICICI Bank Ltd. | 1,406.8 (-1.74%) |
| ULTRACEMCO | Ultratech Cement Ltd. | 11,706 (-1.56%) |
| GRASIM | Grasim Industries Ltd. | 3,257 (-1.54%) |
| POWERGRID | Power Grid Corporation Of India Ltd. | 266.6 (-1.06%) |
Global Cues
Asian markets ended mixed on Thursday, with South Korea’s Kospi surging due to major chipmakers rallying after an overnight rise in US technology stocks. US markets closed mostly higher on Wednesday, buoyed by mild inflation data that eased concerns about interest rates. The Labor Department reported consumer prices inched up by 0.1 percent in July, matching street estimates. Geopolitical tensions in the Middle East, particularly attacks on ships in the Red Sea and Gulf of Oman, continued to weigh on global sentiment.
Currency & Bond Markets
The Indian rupee weakened against the US dollar on Thursday, closing at 95.45, down 12 paise from its previous close. In the bond market, yields traded lower, with the new 10-year Government Stock yields down 2 basis points at 6.75%.
Economy & Macro
India and the Southern African Customs Union (SACU) have signed the Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement, aiming to strengthen trade and economic engagement. SBI Research expressed optimism about India’s growth prospects, projecting Q1FY27 GDP growth at 8%, higher than the RBI’s 7% forecast, citing strong underlying momentum and improved monsoon conditions. Retail inflation, measured by the All India Consumer Price Index (CPI), rose to 4.45% in July 2026 from 4.38% in June, with food inflation jumping to 5.52%. This marks the sixth consecutive monthly increase and remains above the RBI’s medium-term target of 4%.
RBI & Policy
The Reserve Bank of India (RBI) has issued draft rules on harmonised interest rate determination for Banks and Non-Banking Finance Companies (NBFCs). This aims to align policies between the two, prescribing a broad, principles-based framework for both fixed and floating rate loans. Union Commerce and Industry Minister Piyush Goyal emphasized a responsible approach to global trade, promoting fair practices, recycling, and a circular economy, while highlighting India’s growing global economic engagement through nine free trade agreements.
Corporate News & Earnings
- Max Healthcare Institute reported a 5% rise in Q1 consolidated net profit, with total consolidated income increasing by 16.60% to ₹2,406.69 crore.
- Solex Energy secured a work order worth ₹42.47 crore, to be executed by October 2026.
- HCL Technologies expanded its collaboration with NetApp to offer hybrid cloud storage-as-a-service, enabling enterprises to scale AI and data-driven workloads.
- Saatvik Green Energy‘s arm secured an order worth ₹476 crore, to be executed by March 2027.
- Jio Financial Services inched up after entering a joint venture deal with BofA for Jio Credit, where BofA will acquire up to 49.9% interest.
- Ester Industries climbed as its JV partner signed a Letter of Intent for the supply of Loop PET Fiber Grade resin from an upcoming facility.
- Raymond Realty incorporated a wholly-owned subsidiary, Ten X Mahalaxmi, to explore new real estate projects, particularly under the redevelopment model.
- Black Box secured a $131 million (₹1,240 crore) order with a new U.S.-based global Tier-1 hyperscaler for a major data centre project.
- Quarterly results were reported by Ambalal Sarabhai Ent, ATV Projects India, and Disa India.
IPO Watch
The IPO market remains active with several issues currently open or set to open soon:
- Skytech Infinite Platform Ltd. (₹73-77), ENS Enterprises Ltd. (₹87-92), and Technocrats Plasma Systems Ltd. (₹125-132) open for subscription today, August 14.
- Credent Connect N Care Ltd. (₹179-189) is currently open and closes on August 17.
- Other issues closing today, August 14, include Q&T Foods Ltd. (₹115), Pramodini Medicare Ltd. (₹110-118), Shiprocket Ltd. (₹92-97), and Behari Lal Engineering Ltd. (₹271-285).
- Upcoming IPOs include Lalithaa Jewellery Mart Ltd. (₹190-201, opens August 17) and Shankesh Jewellers Ltd. (₹88-93, opens August 18).
- Muthoot Fincorp and Tablespace Technologies have filed draft papers with SEBI for IPOs of ₹3,000 crore and ₹800 crore respectively.
Despite FII selling pressure, strong DII buying continues to act as a significant counter-balance, highlighting domestic investor confidence in the Indian market.
The RBI’s new draft rules for harmonised interest rate determination signal a move towards greater regulatory alignment between banks and NBFCs, potentially impacting lending practices across the financial sector.