Morning Brief: Nifty Falls 0.88% to 22,422; FIIs Net Sell ₹9,484 Cr Amid Volatility | 05 Oct 2026, 08:15 AM IST
By ThePip Desk
Nifty 50 ends at 22,422, down 0.88% as FIIs continue selling streak. Domestic institutions provide support with net purchases of over ₹10,000 crore.
Indian markets faced pressure in the latest session, with the Nifty 50 closing at 22,421.95, a decline of -0.88%. The session was marked by persistent selling from foreign institutional investors, while domestic institutions continued to act as a buffer for the broader market.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 22,421.95 (-0.88%) |
| Nifty Bank | 54,450.75 (-0.33%) |
| Nifty Midcap 100 | 58,732.00 (-1.01%) |
Institutional Flows
Foreign investors remained net sellers for the fifth consecutive session, offloading a net of ₹9,484.22 crore on October 1. Conversely, domestic institutional investors absorbed the supply, recording a net purchase of ₹10,041.84 crore.
| Date | FII Net | DII Net |
|---|---|---|
| 01-Oct-26 | -9,484.22 | 10,041.84 |
| 30-Sep-26 | -10,148.41 | 11,271.73 |
| 29-Sep-26 | -9,980.22 | 6,952.71 |
Sector Performance
| Sector | Last |
|---|---|
| Nifty IT | 28,304.70 (+2.17%) |
| Nifty Financial Services | 24,556.10 (-0.38%) |
| Nifty Pharma | 26,311.55 (-0.48%) |
| Nifty PSU Bank | 7,937.80 (-0.98%) |
| Nifty Realty | 835.00 (-1.46%) |
| Nifty FMCG | 43,789.85 (-1.61%) |
| Nifty Auto | 25,384.95 (-3.46%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| INFY | Infosys Ltd. | 1,035.00 (+4.11%) |
| HDFCBANK | HDFC Bank Ltd. | 721.20 (+1.76%) |
| BAJAJ-AUTO | Bajaj Auto Ltd. | 10,045.00 (-7.62%) |
| MARUTI | Maruti Suzuki India Ltd. | 11,386.00 (-4.86%) |
Economy and Macro
- GDP Growth: Crisil has raised its FY27 GDP growth forecast for India to 7%, citing robust growth expectations in the first half of the fiscal year.
- GST Collections: Gross GST collections rose approximately 15% to ₹2,03,521 crore in September 2026, driven by strong domestic consumption and import revenues.
- Manufacturing PMI: The HSBC India Manufacturing PMI rebounded to 55.1 in September from 52.8 in August, supported by increased new orders and output.
Corporate News
- Tata Motors: Total sales for September 2026 registered a 42% jump, with commercial vehicle sales rising 31.2% year-on-year.
- Coal India: Reported a 9.2% rise in coal production for September, with offtake increasing by 12.5% compared to the same month last year.
IPO Watch
Several initial public offerings are currently open for subscription, closing today, October 5:
- SJP Ultrasonics Ltd.
- Dove Soft Ltd.
- Eventions Ltd.
- Sollfege Smart Electronics Ltd.
- Vishal Nirmiti Ltd.
- Nityas Gems And Jewellery Ltd.
The divergence between persistent FII selling and sustained DII buying continues to define market liquidity, keeping volatility elevated despite strong domestic economic indicators.
While the broader market corrects, positive macro data—including upgraded GDP forecasts and rising GST collections—highlights a resilient domestic economy amidst global headwinds.