Opening Bell: Nifty 50 Opens Down 85 Points at 24550.95 Amid Continued FII Outflows | 07 Aug 2026, 09:25 AM IST
By ThePip Desk
Indian equities open lower as Nifty 50 registers a 0.35% gap down to 24550.95. Continued selling by Foreign Institutional Investors weighs on early market sentiment.
Indian equity markets commenced Friday’s session with a notable gap down, as the benchmark Nifty 50 index opened at 24550.95. This initial print registers a decline of 85 points, or 0.35%, from its previous closing level of 24636.00. The early trade indicates a cautious start for investors, extending the subdued sentiment from the previous day.
At this early stage, market breadth within the Nifty 50 remains flat, with zero advances and zero declines reported. This suggests that a clear directional trend among individual constituents is yet to firmly establish. Similarly, sector performance shows minimal early movement, reflecting the broader index’s cautious opening.
The downward pressure on the Nifty 50 appears to be influenced by persistent selling from Foreign Institutional Investors (FIIs), marking their second consecutive session of net outflows. On August 6, FIIs recorded net selling of ₹17.86 crore. This outflow was, however, substantially cushioned by strong buying from Domestic Institutional Investors (DIIs), who injected ₹4013.6 crore into the market. The trend was similar in the session prior, on August 5, where FIIs were net sellers of ₹943.42 crore, while DIIs provided robust support with net purchases amounting to ₹2883.17 crore. The sustained DII buying has been a critical counterbalance to FII selling pressure over the past two sessions.
For a quick overview of the Nifty 50’s opening performance:
| Index | Open | Change vs Prev Close |
|---|---|---|
| Nifty 50 | 24550.95 | −0.35% (−85 pts) |
As trading progresses, market participants will closely monitor the evolving FII and DII activity, along with any significant global cues, to gauge the potential direction for the Nifty 50 in the next 30 minutes of trade.