Opening Bell: Nifty 50 Opens Lower At 23204 As Banking And Broad Markets Retreat | 24 Sept 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 opened at 23204.95, down 1.03 percent, as early trade reflects a sharp sell-off across banking and midcap segments this Thursday morning.
The Indian equity markets began the session on a weak note this Thursday, 24 September 2026, with the Nifty 50 opening at 23204.95, marking a decline of −1.03% or 242 points compared to the previous close of 23446.80. The sentiment remains cautious as the Nifty Bank index also faced significant pressure in early trade.
Market Snapshot
| Index | Opening Level | Change |
|---|---|---|
| Nifty 50 | 23204.95 | −1.03% |
| Nifty Bank | 55788.55 | −1.34% |
| Nifty Midcap 100 | 61774.95 | −1.00% |
The selling pressure is broad-based, with the Nifty Bank index sliding −1.34%, shedding 760 points. The Nifty Midcap 100 index has also tracked the benchmark lower, opening down −1.00%. Institutional activity remains a focal point for market participants, following the previous session where FIIs recorded a net sale of 3809.99 crore, while DIIs provided support with a net purchase of 4120.07 crore.
Investors should monitor the Nifty 50 price action over the next 30 minutes to see if the index finds support or continues to test lower levels.