Opening Bell: Nifty Opens Flat at 23453 as IT Stocks Drag Despite Adani Gains | 10 Sept 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 opens at 23453.25, gaining 0.09% as IT sector weakness offsets gains in Adani Group shares during the first minutes of Thursday trade.
The Nifty 50 commenced Thursday’s session at 23453.25, a marginal increase of +0.09% compared to the previous close of 23431.50. Market sentiment remains mixed as early trading shows a divergence between heavy-weight IT stocks and infrastructure-linked entities.
Market Snapshot
| Index | Open | Change |
|---|---|---|
| Nifty 50 | 23453.25 | +0.09% |
| Nifty Bank | 56272.75 | -0.04% |
| Nifty Midcap 100 | 62505.35 | -0.14% |
The IT sector is currently facing significant selling pressure, with major constituents leading the decline. Infosys Ltd. is down -4.34%, HCL Technologies Ltd. has fallen -3.70%, Tech Mahindra Ltd. is lower by -3.27%, and Wipro Ltd. has dropped -2.62%. Conversely, Adani Enterprises Ltd. is leading the gainers with a rise of +5.13%, followed by Max Healthcare Institute Ltd. at +4.48% and Adani Ports and Special Economic Zone Ltd. at +3.80%.
Institutional activity shows a continued trend of FII outflows, with net sales of 582.99 cr in the previous session, marking two consecutive days of selling. Domestic Institutional Investors provided support with a net inflow of 1509.04 cr.
Watch the Nifty 50 index to see if it sustains the 23450 level over the next 30 minutes of trade.