Morning Brief: Nifty Slips 0.36% to 23,329; FIIs Net Sell ₹3,810 Crore Amid Caution | 23 Sept 2026, 08:15 AM IST
By ThePip Desk
Indian markets closed lower as FII selling pressure intensified; global cues remain mixed ahead of key geopolitical talks. Realty sector bucked the trend.
Indian equity benchmarks faced selling pressure on Tuesday, failing to sustain early gains as foreign institutional investors (FIIs) offloaded equities. The Nifty 50 closed at 23,329.00 (-0.36%), while the Nifty Bank settled at 56,215.55 (-0.45%). Market participants remained cautious, closely monitoring developments in West Asia and awaiting clarity on upcoming high-level geopolitical discussions.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 23,329.00 (-0.36%) |
| Nifty Bank | 56,215.55 (-0.45%) |
| Nifty Midcap 100 | 61,963.15 (-0.08%) |
Institutional Flows
Foreign institutional investors continued their selling spree, recording a net outflow of ₹3,809.99 crore in the latest session. Domestic institutional investors provided support, acting as net buyers to the tune of ₹4,120.07 crore.
| Date | FII Net | DII Net |
|---|---|---|
| 22-Sep-2026 | -3,809.99 | 4,120.07 |
| 21-Sep-2026 | -576.20 | 2,797.27 |
| 18-Sep-2026 | 599.54 | 1,019.69 |
Sector Performance
The Nifty Realty index was the standout performer, gaining nearly 0.90% during the session, while IT and FMCG sectors faced notable selling pressure.
| Sector | Last |
|---|---|
| Nifty Realty | 861.50 (+0.90%) |
| Nifty IT | 28,582.10 (-0.86%) |
| Nifty FMCG | 45,657.75 (-0.53%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| COALINDIA | Coal India Ltd. | 428.00 (+3.21%) |
| INDIGO | Interglobe Aviation | 5,030.00 (+1.80%) |
| TATACONSUM | Tata Consumer | 984.10 (-1.65%) |
| NESTLEIND | Nestle India | 1,363.90 (-1.52%) |
Global Cues
Global markets provided a mixed backdrop. While U.S. markets ended higher on Monday, Asian indices largely traded in the green on Tuesday, buoyed by a rally in AI-related stocks and easing crude oil prices. Investors are now focused on upcoming diplomatic summits and central bank commentary for further interest rate cues.
IPO Watch
- Adroit Industries (India): IPO opens for subscription today, aiming to raise up to ₹151 crore.
- ArMee Infotech: IPO opens for subscription today, targeting a raise of up to ₹321 crore.
Corporate Updates
- Apollo Micro Systems: Released a general announcement regarding company operations.
- Bharat Forge: Informed the exchange regarding the allotment of securities.
Insight: Despite the broader market decline, the resilience in the Realty sector suggests selective buying interest, even as FIIs maintain a net-selling stance across the broader equity market.