Morning Brief: Nifty Rises 0.23% to 23,270; FIIs Net Sell ₹3,208 Cr Amid Volatility | 18 Sept 2026, 08:15 AM IST
By ThePip Desk
Nifty 50 closed at 23,270 with a 0.23% gain, supported by DII buying despite persistent FII selling. Markets navigate global rate hike concerns today.
The Nifty 50 index concluded Thursday’s trading session at 23,270.60, recording a gain of +0.23%. Despite the benchmark index managing to close in positive territory, sentiment remained cautious as global markets digested the U.S. Federal Reserve’s recent interest rate hike.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 23,270.60 (+0.23%) |
| Nifty Bank | 56,055.75 (-0.42%) |
| Nifty Midcap 100 | 61,432.10 (+0.92%) |
Institutional Flows
Foreign Institutional Investors (FIIs) continued their selling streak, offloading equities worth a net ₹3,208.76 crore on Thursday. Domestic Institutional Investors (DIIs) provided support to the market, recording a net purchase of ₹3,617.75 crore.
| Date | FII Net | DII Net |
|---|---|---|
| 2026-09-17 | -3,208.76 | 3,617.75 |
| 2026-09-16 | -2,032.61 | 3,908.23 |
| 2026-09-15 | -2,977.86 | 2,686.05 |
Sector Performance
| Sector | Last |
|---|---|
| Nifty Pharma | 26,579.25 (+1.66%) |
| Nifty Realty | 834.25 (+1.45%) |
| Nifty Auto | 27,159.15 (+0.99%) |
| Nifty IT | 29,155.60 (+0.23%) |
| Fin Nifty | 25,318.35 (+0.22%) |
| Nifty FMCG | 45,572.70 (+0.03%) |
| Nifty PSU Bank | 8,262.80 (-0.16%) |
Top Gainers
| Symbol | Company | Last |
|---|---|---|
| HDFCLIFE | HDFC Life | 557.00 (+5.05%) |
| TMPV | Tata Motors PV | 314.50 (+4.49%) |
| SBILIFE | SBI Life | 1,766.90 (+4.06%) |
| DRREDDY | Dr. Reddy’s | 1,175.00 (+3.07%) |
| BEL | BEL | 395.45 (+2.51%) |
Top Losers
| Symbol | Company | Last |
|---|---|---|
| ONGC | ONGC | 232.43 (-1.85%) |
| TITAN | Titan | 4,841.00 (-1.38%) |
| HDFCBANK | HDFC Bank | 713.00 (-1.18%) |
| HINDUNILVR | HUL | 1,942.20 (-1.01%) |
| COALINDIA | Coal India | 418.00 (-1.01%) |
Corporate News
- PNB Housing Finance raised ₹500 crore through the issuance of Non-Convertible Debentures (NCDs).
- Prestige Estates Projects launched ‘Garden Breeze – The Prestige City’, a project with an estimated Gross Development Value of ₹1,100 crore.
- Tipco Engineering India incorporated a new subsidiary, ‘Tipco Defence Technologies & Robotics’.
IPO Watch
- Axiom Gas Engineering Ltd.: Open for subscription (Sept 18 – Sept 22).
- Sonaselection India Ltd.: Open for subscription (Sept 17 – Sept 21).
- Kheria Autocomp Ltd.: Open for subscription (Sept 17 – Sept 21).
- National Stock Exchange (NSE): Open for subscription (Sept 17 – Sept 21).
- Spectraa Technology Solutions Ltd.: Open for subscription (Sept 17 – Sept 21).
- Hero Motors Ltd.: Open for subscription (Sept 16 – Sept 18).
- Jindal Supreme (India) Ltd.: Open for subscription (Sept 16 – Sept 18).
- SS Retail Ltd.: Open for subscription (Sept 16 – Sept 18).
FIIs have maintained a net selling position for five consecutive trading sessions, reflecting sustained caution among foreign participants.
The Nifty Midcap 100 index outperformed the broader market, closing with a robust gain of +0.92%.