The Indian equity markets commenced the Thursday session on a weak note, with the Nifty 50 index opening at 22,695.40, marking a decline of −0.51% or 116 points against the previous close of 22,811.35. The benchmark index continues to track downward momentum as early selling pressure persists across major indices.
Market Snapshot
| Index | Open | Change |
|---|---|---|
| Nifty 50 | 22695.40 | −0.51% |
| Nifty Bank | 54735.75 | −0.44% |
| NIFTY Midcap 100 | 57314.75 | −0.44% |
Sectoral Performance
Early trade data reveals widespread weakness. The IT sector is down −0.92%, while the Pharma sector has declined −0.80%. Similarly, the FMCG sector is trading lower by −0.80%. The Metal sector shows a decline of −0.65%, followed by the Auto sector at −0.63% and the Media sector at −0.04%. Conversely, the Energy sector has managed a marginal gain of +0.07%.
Institutional Activity
Market participants are monitoring flow data closely following the most recent session where FIIs recorded a net outflow of 1,148.64 crore, while DIIs provided support with a net inflow of 3,201.19 crore. Watch the 9:45 AM price action to see if the Nifty 50 can reclaim the 22,700 level or if selling pressure intensifies.