Opening Bell: Nifty 50 Opens Lower at 23748 as Banking Stocks Drag Benchmark Indices | 08 Sept 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 opens at 23748.85, marking a 0.13% decline. Banking stocks lead the early session weakness while midcap indices show resilience in early trade.
The Indian equity markets opened on a cautious note this Tuesday, 08 September 2026. The Nifty 50 index began the session at 23748.85, reflecting a decline of −30 points or −0.13% from its previous close of 23779.15.
Market Snapshot
| Index | Open | Change |
|---|---|---|
| Nifty 50 | 23748.85 | −0.13% |
| Nifty Bank | 57002.70 | −0.15% |
| NIFTY Midcap 100 | 62867.70 | +0.13% |
The Nifty Bank index mirrored the broader market sentiment, opening at 57002.70, down −86 points or −0.15%. In contrast, the NIFTY Midcap 100 index showed strength, opening at 62867.70, a gain of +82 points or +0.13%.
Institutional activity remains a focal point following the previous session’s divergence. On 07 September 2026, FIIs recorded a net inflow of 280.13 cr, while DIIs added 566.76 cr. This follows a significant shift on 04 September 2026, where FIIs sold 3111.94 cr and DIIs bought 8930.12 cr.
Investors should monitor the Nifty 50’s ability to reclaim the 23780 level over the next 30 minutes to gauge intraday conviction.