Morning Brief: Nifty Falls 1.56% to 22,780; FIIs Net Sell ₹5,353 Cr Amid Geopolitical Tensions | 29 Sept 2026, 08:15 AM IST
By ThePip Desk
Nifty dropped 1.56% to 22,780 as geopolitical tensions and rising crude prices triggered a broad-based sell-off across Indian markets on Monday.
Indian equity markets witnessed a sharp correction on Monday, with the Nifty 50 closing at 22,780.25, down -1.56%. The session was marked by broad-based selling as investors reacted to escalating geopolitical tensions in West Asia and a subsequent surge in global crude oil prices.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 22,780.25 (-1.56%) |
| Nifty Bank | 54,471.65 (-1.99%) |
| Nifty Midcap 100 | 59,914.20 (-1.63%) |
Institutional Flows
Foreign Institutional Investors (FIIs) remained net sellers, offloading equities worth ₹5,353.22 crore in the latest session. Domestic Institutional Investors (DIIs) acted as a buffer, recording a net purchase of ₹5,189.02 crore.
| Date | FII Net (Cr) | DII Net (Cr) |
|---|---|---|
| 2026-09-28 | -5,353.22 | 5,189.02 |
| 2026-09-25 | -3,693.93 | 2,838.17 |
| 2026-09-24 | -5,027.36 | 4,301.18 |
Insight: Despite the significant FII outflows, domestic institutional support remains robust, providing a crucial floor for the markets during periods of heightened geopolitical uncertainty.
Sector Performance
| Sector | Last |
|---|---|
| Nifty PSU Bank | 8,026.10 (-3.24%) |
| Nifty Realty | 850.90 (-2.12%) |
| Nifty Financial Services | 24,671.65 (-1.69%) |
| Nifty Auto | 26,525.05 (-1.64%) |
| Nifty FMCG | 45,264.35 (-1.47%) |
| Nifty Pharma | 26,761.65 (-0.89%) |
| Nifty IT | 28,086.50 (-0.26%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| DRREDDY | Dr. Reddy’s Laboratories | 1,221.00 (+1.67%) |
| HEROMOTOCO | Hero MotoCorp | 5,390.00 (+0.56%) |
| INFY | Infosys | 1,003.20 (+0.30%) |
| TMPV | Tata Motors PV | 281.75 (-3.00%) |
| ADANIENT | Adani Enterprises | 2,831.10 (-2.93%) |
IPO Watch
- Vans Electroengineerings Ltd.: Price band ₹112–118, closes October 1.
- Papadmalji Agro Foods Ltd.: Price band ₹69–72, closes October 1.
- EverestIMS Technologies Ltd.: Price band ₹80–85, closes October 5.
- Black Opal Consultants Ltd.: Price band ₹185–197, closes October 1.
Closing Insight: The persistent FII selling pressure, coupled with rising crude oil, suggests that market participants should remain cautious and monitor geopolitical developments closely for further volatility.