Nifty 50 closes at 22,520, gaining 1.30% as IT and FMCG sectors drive momentum despite continued FII selling pressure in the cash segment.
Nifty 50 climbed +1.30% to close at 22,520.45, supported by broad-based buying across IT and FMCG sectors.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 22,520.45 (+1.30%) |
| Nifty Bank | 55,256.65 (+1.36%) |
| Nifty Midcap 100 | 58,787.30 (+1.56%) |
Institutional Flows
Foreign Institutional Investors (FIIs) remained net sellers in the cash segment, offloading a net of ₹3,568.9 crore in the last session. Domestic Institutional Investors (DIIs) continued to provide support, recording a net purchase of ₹4,743.26 crore.
| Date | FII Net (Cr) | DII Net (Cr) |
|---|---|---|
| 09-Oct-2026 | -3,568.90 | +4,743.26 |
Sector Performance
| Sector | Last |
|---|---|
| Nifty IT | 28,574.90 (+3.02%) |
| Nifty FMCG | 44,864.25 (+2.20%) |
| Nifty PSU Bank | 8,126.35 (+1.63%) |
| Nifty Auto | 24,859.90 (+1.42%) |
| Fin Nifty | 24,968.50 (+1.33%) |
| Nifty Realty | 803.95 (+0.92%) |
| Nifty Pharma | 25,962.05 (+0.54%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| APOLLOHOSP | Apollo Hospitals | 8,027.50 (+4.72%) |
| ITC | ITC Ltd. | 266.00 (+4.31%) |
| TCS | TCS | 2,156.00 (+3.85%) |
| BSE | BSE Ltd. | 3,287.20 (-1.43%) |
| RELIANCE | Reliance Industries | 1,170.30 (-0.65%) |
Corporate Updates
- Power Grid Corporation announced the commissioning of a new transmission system for power evacuation from renewable energy zones in Rajasthan.
- IRCON International secured a work contract valued at ₹96.25 crore with a five-year tenure.
- Xtranet Technologies received approval to incorporate a wholly-owned subsidiary focused on data center infrastructure.
Macro and Policy
The GST Council has recommended significant reforms, including the removal of arrest provisions under Section 69 of the CGST Act and raising the prosecution threshold from ₹1 crore to ₹5 crore. Meanwhile, Union Commerce and Industry Minister Piyush Goyal expressed confidence in India meeting its $1-trillion export target for FY27, citing the combined strength of the merchandise and services sectors.
Domestic liquidity remains a key buffer, with DIIs absorbing significant FII outflows to sustain the broader market rally.
