Opening Bell: Nifty Opens Flat at 23213 as Bank Nifty Drags Early Trade | 17 Sept 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 opens flat at 23213.60, shedding 4 points. Banking stocks weigh on the index while midcap indices show resilience in early morning trade.
The Indian equity market began the session on a muted note this morning, with the Nifty 50 opening at 23,213.60, a marginal decline of −0.02% or 4 points from yesterday’s close of 23,217.60. Early momentum remains subdued as the Nifty Bank index underperforms, falling −0.29% to 56,129.95.
Market Indices Overview
| Index | Open | Change |
|---|---|---|
| Nifty 50 | 23213.60 | −0.02% |
| Nifty Bank | 56129.95 | −0.29% |
| Nifty Midcap 100 | 60960.35 | +0.14% |
Market breadth shows a divergence between large-cap and mid-cap segments, with the Nifty Midcap 100 gaining +0.14% to reach 60,960.35. Institutional activity remains a key focal point for traders, as Foreign Institutional Investors (FIIs) have been net sellers for two consecutive sessions, offloading a net of −2977.86 crore in the previous session, while Domestic Institutional Investors (DIIs) provided support with a net purchase of +2686.05 crore.
Watch the Nifty Bank index over the next 30 minutes to see if it can recover from its early losses or if selling pressure continues to weigh on the broader market.