Opening Bell: Nifty Opens Flat At 23345 As Domestic Institutional Buying Offsets Foreign Outflows | 23 Sept 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 opens at 23345.20, marking a modest 0.07% gain. Domestic institutional support remains the primary driver as foreign selling persists for two days.
Indian equity markets opened with a marginal uptick on Wednesday, 23 September 2026, as the Nifty 50 began the session at 23345.20, up 16 points or +0.07% from the previous close of 23329.00. The Nifty Bank index mirrored this trend, opening at 56257.20, a gain of +0.07%. The broader market showed slightly higher momentum, with the Nifty Midcap 100 index opening at 62112.80, up +0.24%.
| Index | Open | Change |
|---|---|---|
| Nifty 50 | 23345.20 | +0.07% |
| Nifty Bank | 56257.20 | +0.07% |
| Nifty Midcap 100 | 62112.80 | +0.24% |
Institutional Flow Dynamics
The market continues to navigate a divergence in institutional activity. Foreign Institutional Investors (FIIs) have now recorded two consecutive sessions of net selling, offloading ₹3809.99 crore on 22 September and ₹576.2 crore on 21 September. Conversely, Domestic Institutional Investors (DIIs) provided a significant buffer, recording net purchases of ₹4120.07 crore in the last session, effectively absorbing the liquidity pressure from foreign desks.
Investors should monitor the sustainability of the current buying support from domestic institutions during the first 30 minutes of trade to determine if the Nifty can maintain these opening gains.