Morning Brief: Nifty Rises 0.33% to 23,346; DIIs Net Buy ₹1,020 Cr in Friday Session | 21 Sept 2026, 08:15 AM IST
By ThePip Desk
Nifty 50 closes at 23,346 as domestic institutional buying offsets FII volatility. Midcaps outperform, gaining 1.24% in a broad-based market rally.
Indian markets closed the final session of the week on a positive note, with the Nifty 50 index gaining +0.33% to settle at 23,346. The session saw robust participation from domestic institutional investors, providing a cushion against global market uncertainties.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 23,346.40 (+0.33%) |
| Nifty Bank | 56,358.70 (+0.54%) |
| Nifty Midcap 100 | 62,191.25 (+1.24%) |
Institutional Flows
Domestic institutional investors (DIIs) remained net buyers, injecting ₹1,019.69 crore into the markets on Friday. Foreign institutional investors (FIIs) also turned net buyers, with a net inflow of ₹599.54 crore, marking a shift from the selling trend observed earlier in the week.
| Date | FII Net | DII Net |
|---|---|---|
| 18-Sep-2026 | +599.54 | +1,019.69 |
| 17-Sep-2026 | -3,208.76 | +3,617.75 |
| 16-Sep-2026 | -2,032.61 | +3,908.23 |
Sector Performance
| Sector | Last |
|---|---|
| Nifty Realty | 844.20 (+1.19%) |
| Nifty Fin Services | 25,510.00 (+0.76%) |
| Nifty PSU Bank | 8,317.55 (+0.66%) |
| Nifty Pharma | 26,710.10 (+0.49%) |
| Nifty Auto | 27,129.00 (-0.11%) |
| Nifty FMCG | 45,466.80 (-0.23%) |
| Nifty IT | 28,854.55 (-1.03%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| ADANIPORTS | Adani Ports | 1,824.00 (+4.93%) |
| ADANIENT | Adani Enterprises | 3,020.00 (+3.31%) |
| BHARTIARTL | Bharti Airtel | 1,893.30 (+3.12%) |
| TCS | TCS | 2,105.00 (-3.88%) |
| TMPV | Tata Motors PV | 303.80 (-3.40%) |
Macro & Corporate Highlights
- Economic Outlook: Moody’s Ratings has upgraded India’s FY27 GDP growth forecast to 7%, citing the economy’s resilience to global shocks.
- Inflation: August retail inflation rose to 4.82%, remaining above the RBI’s 4% target.
- Corporate News: Methodhub Software’s subsidiary secured a ₹161 crore maintenance order, while HEG Advanced Materials’ arm bagged orders worth ₹217.56 crore from Indus Towers.
- Semiconductors: Union Minister for Electronics and Information Technology Ashwini Vaishnaw announced that Semicon 2.0 will target 200 chip design startups.
IPO Schedule
- FX Multitech: Opens for subscription on September 21, 2026.
- Himalaya Nutravedics India: Opens for subscription on September 22, 2026.
- S. K. Offset: Opens for subscription on September 23, 2026.
The resilience of the Indian economy, supported by strong domestic credit and infrastructure expansion, continues to attract institutional interest despite persistent inflationary pressures.