Morning Brief: Nifty Rises 0.20% to 23,478; DII Inflows Offset FII Selling Pressure | 11 Sept 2026, 08:16 AM IST
By ThePip Desk
Nifty closes at 23,478, supported by DII inflows as domestic markets navigate global crude oil volatility and cautious sentiment ahead of U.S. inflation data.
Indian equity benchmarks snapped a three-day losing streak on Thursday, with the Nifty 50 closing at 23,478 (+0.20%). Markets maintained a cautious tone throughout the session as elevated crude oil prices and geopolitical tensions in the Middle East weighed on investor sentiment.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 23,477.80 (+0.20%) |
| Nifty Bank | 56,471.95 (+0.31%) |
| Nifty Midcap 100 | 62,357.35 (-0.38%) |
Institutional Flows
Domestic institutional investors (DIIs) provided crucial support to the markets, offsetting consistent selling pressure from foreign institutional investors (FIIs). In the latest session, FIIs remained net sellers, while DIIs continued their buying trend.
| Date | FII Net | DII Net |
|---|---|---|
| 10-Sep-26 | -438.24 Cr | 1,025.85 Cr |
| 09-Sep-26 | -582.99 Cr | 1,509.04 Cr |
| 08-Sep-26 | -123.19 Cr | 1,349.64 Cr |
Sector Performance
| Sector | Last |
|---|---|
| Nifty Financial Services | 25,520.30 (+0.57%) |
| Nifty PSU Bank | 8,401.85 (+0.39%) |
| Nifty Realty | 872.05 (-0.02%) |
| Nifty IT | 28,890.90 (-0.08%) |
| Nifty FMCG | 45,185.60 (-0.27%) |
| Nifty Auto | 27,540.95 (-0.41%) |
| Nifty Pharma | 26,555.85 (-0.51%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| HDFCLIFE | HDFC Life Insurance | 526.15 (+2.36%) |
| POWERGRID | Power Grid Corp | 271.75 (+2.22%) |
| HCLTECH | HCL Technologies | 1,207.00 (-1.85%) |
| HINDALCO | Hindalco Industries | 1,014.00 (-1.26%) |
Corporate Updates
- Deccan Gold Mines: The President of the Kyrgyz Republic is scheduled to inaugurate the Altyn Tor Gold Project on September 12, 2026.
- BCPL Railway Infrastructure: Emerged as the lowest bidder for a Rs 5.89 crore project in the Howrah Division of Eastern Railway.
- Bondada Engineering: Received a Letter of Intent from TGNPDCL for a smart energy metering project.
- United Drilling Tools: Secured an order worth Rs 73.35 lakh to be executed over three months.
IPO Watch
Several initial public offerings are currently open for subscription:
- Injecto Polymers: Open until September 16 (Price band: Rs 90-100).
- Manika Plastech: Open until September 16 (Price band: Rs 40-43).
- Century Business Media: Open until September 16 (Price band: Rs 70-74).
- Veegaland Developers: Open until September 15 (Price band: Rs 130-140).
Insight: Despite persistent FII selling pressure, domestic institutional liquidity remains a vital buffer, providing stability to the markets as global crude oil prices continue to test the $100 per barrel threshold.