Indian equity benchmarks extended their losing streak to a third consecutive session on Thursday, as escalating geopolitical tensions in West Asia and surging crude oil prices dampened investor sentiment. The Nifty 50 closed at 22,687.65 (-0.54%), while the Nifty Bank ended at 54,925.70 (-0.09%).
Market Snapshot
Index
Last
Nifty 50
22,687.65 (-0.54%)
Nifty Bank
54,925.70 (-0.09%)
Nifty Midcap 100
57,063.95 (-0.87%)
Institutional Flows
Foreign Institutional Investors (FIIs) turned net sellers on Thursday, offloading equities worth ₹3,458.7 crore. Domestic Institutional Investors (DIIs) provided support, recording a net purchase of ₹2,891.32 crore.
Date
FII Net
DII Net
2026-10-22
-3,458.70
2,891.32
2026-10-21
1,022.32
1,614.32
2026-10-19
-1,148.64
3,201.19
Sector Performance
Sector
Last
Nifty Pharma
25,596.65 (+0.12%)
Nifty PSU Bank
8,257.40 (+0.07%)
Nifty Financial Services
24,657.70 (-0.14%)
Nifty Realty
803.45 (-0.30%)
Nifty Auto
25,011.50 (-0.73%)
Nifty IT
32,081.25 (-1.05%)
Nifty FMCG
43,105.45 (-1.41%)
Top Movers
Symbol
Company
Last
BAJFINANCE
Bajaj Finance Ltd.
942.10 (+1.74%)
CIPLA
Cipla Ltd.
1,330.90 (+1.29%)
NESTLEIND
Nestle India Ltd.
1,189.90 (-2.78%)
RELIANCE
Reliance Industries Ltd.
1,184.50 (-2.03%)
Corporate & IPO Updates
Jindal Stainless: Reported an 11% rise in Q2 consolidated net profit, with total income increasing by 18.44%.
Swiggy: Consolidated net loss narrowed to ₹922 crore in Q2, as total income grew by 38.49%.
Innovision: Secured a work order worth ₹94.97 crore from the National Highways Authority of India (NHAI).
IPO Watch: The initial public offering (IPO) of Core4 Engineers opens for subscription today, October 23, 2026, aiming to raise up to ₹54.82 crore.
Despite the broader market decline, the resilience in Pharma and PSU Bank indices suggests selective buying interest in defensive and value-oriented sectors.