Nifty ends at 22,231 as global crude oil prices and heavy FII selling pressure weigh on sentiment. Midcaps lead the decline with a 2.53% drop.
Indian equity markets faced a sharp correction on Thursday, with the Nifty 50 closing at 22,231.80 (-1.64%). The session was marked by broad-based selling as investors reacted to a surge in global crude oil prices and persistent institutional outflows.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 22,231.80 (-1.64%) |
| Nifty Bank | 54,515.05 (-0.98%) |
| Nifty Midcap 100 | 57,882.50 (-2.53%) |
Institutional Flows
| Date | FII Net | DII Net |
|---|---|---|
| 08-Oct-2026 | -12,943.58 | +10,703.11 |
| 07-Oct-2026 | -6,121.37 | +4,596.57 |
| 06-Oct-2026 | -2,961.30 | +5,088.92 |
Foreign Institutional Investors (FIIs) intensified their selling spree, offloading equities worth ₹12,943.58 crore in the latest session. Domestic Institutional Investors (DIIs) provided support with net purchases of ₹10,703.11 crore.
Sector Performance
| Sector | Last |
|---|---|
| Nifty Realty | 796.60 (-3.16%) |
| Nifty Auto | 24,512.70 (-2.49%) |
| Nifty Pharma | 25,823.25 (-2.32%) |
| Nifty FMCG | 43,898.05 (-2.01%) |
| Nifty PSU Bank | 7,995.95 (-1.15%) |
| Nifty Financial Services | 24,640.45 (-1.11%) |
| Nifty IT | 27,736.60 (-0.08%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| INFY | Infosys Ltd. | 997.00 (+0.50%) |
| ADANIENT | Adani Enterprises Ltd. | 2,596.00 (-5.36%) |
| JSWSTEEL | JSW Steel Ltd. | 1,175.20 (-4.46%) |
Corporate Highlights
- JSW Steel: Reported a 5% growth in consolidated crude steel production for Q2FY27.
- PNC Infratech: Incorporated a new subsidiary to provide infrastructure services in Kazakhstan.
- Shakti Pumps: Invested ₹10 crore in Shakti Energy Solutions for solar manufacturing capacity expansion.
The sharp divergence between FII selling and DII buying suggests that domestic liquidity is currently the primary buffer against global headwinds driven by rising crude prices and elevated bond yields.
With Brent crude crossing the $105 mark and persistent institutional selling, the market remains highly sensitive to inflationary pressures and global monetary tightening.
