Opening Bell: Nifty 50 Opens Lower at 22421 Amid Broad Market Sell-off Friday | 02 Oct 2026, 09:25 AM IST
By ThePip Desk
Nifty 50 opens at 22421.95, a 0.88% decline as heavy FII selling persists. Auto and metal stocks face sharp pressure in the opening minutes of trade.
The Indian equity markets opened lower on Friday, October 2, 2026, with the Nifty 50 starting the session at 22421.95, down 0.88% from its previous close. The broader market sentiment remains cautious as FIIs continue their selling streak, offloading a net of 9484.22 crore in the previous session.
| Index | Open | Change |
|---|---|---|
| Nifty 50 | 22421.95 | −0.88% |
| Nifty Bank | 54450.75 | −0.33% |
| Nifty Midcap 100 | 58732.00 | −1.01% |
Sectoral Performance and Movers
Auto stocks are leading the decline, with the Auto sector down 3.46%. Metal stocks also faced significant selling pressure, falling 1.61%. Conversely, the IT sector shows resilience, posting a gain of 2.17% in early trade.
Among individual stocks, Infosys Ltd. is the top gainer, rising 4.11% to 1035. Bajaj Auto Ltd. leads the losers, dropping 7.62% to 10045. Maruti Suzuki India Ltd. also remains under pressure, trading 4.86% lower at 11386.
Institutional Activity
Foreign Institutional Investors (FIIs) have been net sellers for two consecutive sessions, with a total outflow of 19632.63 crore over the last two days. Domestic Institutional Investors (DIIs) have provided support, recording a net inflow of 10041.84 crore in the latest session.
Watch the price action in the banking sector and the sustainability of the IT sector gains over the next 30 minutes.