Morning Brief: Nifty Rises 0.34% to 23,140; Domestic Buying Offsets FII Outflows | 28 Sept 2026, 08:15 AM IST
By ThePip Desk
Nifty 50 ends at 23,140, gaining 0.34% as domestic institutions absorb FII selling. Markets navigate global cues and strong economic growth forecasts.
Indian equity markets ended the session higher, led by gains in banking and auto sectors, even as foreign institutional investors continued their selling streak. The Nifty 50 index closed at 23,140.50, marking a gain of 0.34%.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 23,140.50 (+0.34%) |
| Nifty Bank | 55,580.40 (+0.26%) |
| Nifty Midcap 100 | 60,906.00 (-0.14%) |
Institutional Flows
| Date | FII Net | DII Net |
|---|---|---|
| 2026-09-25 | -3,693.93 | 2,838.17 |
| 2026-09-24 | -5,027.36 | 4,301.18 |
| 2026-09-23 | 1,617.45 | 2,341.46 |
Foreign institutional investors remained net sellers for the second consecutive session, offloading ₹3,693.93 crore on September 25. Domestic institutional investors provided support, recording a net purchase of ₹2,838.17 crore.
Sector Performance
| Sector | Last |
|---|---|
| Nifty Realty | 869.35 (+0.92%) |
| Nifty Auto | 26,967.90 (+0.89%) |
| Nifty Financial Services | 25,094.85 (+0.56%) |
| Nifty FMCG | 45,941.30 (+0.40%) |
| Nifty PSU Bank | 8,294.50 (+0.28%) |
| Nifty Pharma | 27,003.00 (-0.10%) |
| Nifty IT | 28,160.90 (-0.17%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| AXISBANK | Axis Bank Ltd. | 1,222.40 (+3.03%) |
| ASIANPAINT | Asian Paints Ltd. | 2,444.00 (+2.14%) |
| M&M | Mahindra & Mahindra Ltd. | 3,035.00 (+1.75%) |
| BAJFINANCE | Bajaj Finance Ltd. | 996.90 (+1.52%) |
| HEROMOTOCO | Hero MotoCorp Ltd. | 5,360.00 (+1.21%) |
| MAXHEALTH | Max Healthcare Institute Ltd. | 1,014.00 (-3.06%) |
| TMPV | Tata Motors Passenger Vehicles Ltd. | 290.45 (-1.54%) |
| INFY | Infosys Ltd. | 1,000.20 (-1.41%) |
| ONGC | Oil & Natural Gas Corporation Ltd. | 235.86 (-1.31%) |
| TRENT | Trent Ltd. | 2,669.30 (-1.14%) |
Corporate News
- Godrej Properties issued multiple regulatory filings regarding press releases.
- GHV Infra Projects disclosed the conclusion of a contract.
- Ceigall India announced an upcoming analyst and investor meet.
- Sanchay Finvest reported a change in management.
- Airfloa Rail Technology received a new order.
IPO Watch
- SRIT India: Raising up to ₹218 crore, subscription opens September 28.
- Acme Universal Safezone 9: Raising up to ₹36 crore, subscription opens September 28.
- Shivchem Agro: Raising up to ₹14 crore, subscription opens September 28.
Despite FII selling pressure, domestic institutional support continues to provide a floor for the benchmark indices.
The resilience of the Nifty 50 in the face of sustained foreign outflows highlights the growing influence of domestic capital in stabilizing Indian equity markets.