Morning Brief: Nifty Slips 0.34% to 23,398; DIIs Net Buy ₹1,968 Cr as FIIs Sell | 14 Sept 2026, 08:15 AM IST
By ThePip Desk
Nifty 50 ends at 23,398, down 0.34%, as domestic institutional buying partially offsets foreign outflows. Focus shifts to upcoming IPOs and policy updates.
Indian markets closed the week on a cautious note, with the Nifty 50 shedding -0.34% to settle at 23,398.10. While the broader market faced selling pressure, the Nifty Bank bucked the trend, gaining +0.24% to close at 56,606.55.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 23,398.10 (-0.34%) |
| Nifty Bank | 56,606.55 (+0.24%) |
| Nifty Midcap 100 | 62,197.20 (-0.26%) |
Institutional Flows
Domestic Institutional Investors (DIIs) remained active buyers, absorbing a portion of the selling pressure from Foreign Institutional Investors (FIIs) in the latest session.
| Date | FII Net | DII Net |
|---|---|---|
| 11-Sep | -930.90 | 1,968.17 |
| 10-Sep | -438.24 | 1,025.85 |
| 09-Sep | -582.99 | 1,509.04 |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| HDFCBANK | HDFC Bank Ltd. | 708.25 (+2.08%) |
| DRREDDY | Dr. Reddy’s Laboratories Ltd. | 1,165.50 (+1.97%) |
| HINDALCO | Hindalco Industries Ltd. | 981.50 (-3.21%) |
| JSWSTEEL | JSW Steel Ltd. | 1,265.00 (-2.99%) |
Corporate and Policy Highlights
- Aurobindo Pharma: The USFDA completed an inspection at the company’s Andhra Pradesh facility, concluding with zero observations.
- Indian Hotels Company: Signed a new Gateway hotel in Sambalpur, Odisha, featuring 125 keys.
- Prakash Industries: Received approval to expand the production capacity of its Bhaskarpara Coal Mine from 1.0 MTPA to 1.2 MTPA.
- Regulatory Update: The Department of Consumer Affairs has amended the Consumer Protection (E-Commerce) Rules, with the new framework effective from January 1, 2027.
IPO Watch
- Hero Motors: IPO to raise up to ₹1,063 crore, subscription opens September 16.
- Vama Wovenfab: IPO to raise up to ₹50 crore, subscription opens September 15.
- Shakti Polytarp: IPO to raise up to ₹27 crore, subscription opens September 15.
- NSE: Initial Public Offering scheduled for September 17.
Domestic institutional support continues to provide a floor for the markets even as FIIs maintain a net-selling stance across the last three sessions.