Opening Bell: Nifty Opens Higher at 22474 as Banking Stocks Lead Monday Morning Gains | 05 Oct 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 opens at 22474.70, rising 0.24% as banking stocks drive early momentum. Domestic institutional buying continues to offset persistent foreign outflows.
The Indian equity markets opened on a positive note this Monday, with the Nifty 50 starting the session at 22474.70, a gain of +53 points or +0.24% over the previous close. The Nifty Bank index outperformed the benchmark, opening at 54811.10, marking a rise of +360 points or +0.66%.
Market Opening Snapshot
| Index | Open | Change |
|---|---|---|
| Nifty 50 | 22474.70 | +0.24% |
| Nifty Bank | 54811.10 | +0.66% |
| Nifty Midcap 100 | 59017.45 | +0.49% |
Broader market sentiment remains supportive, with the Nifty Midcap 100 index climbing +0.49% to 59017.45. This movement follows two consecutive sessions of heavy selling by Foreign Institutional Investors (FIIs), who offloaded −10148.41 crore in the previous session. Conversely, Domestic Institutional Investors (DIIs) provided a cushion, net buying +11271.73 crore on the same day.
Investors are now monitoring the sustainability of these early gains as the market digests the divergence between institutional flows. Watch the Nifty Bank index over the next 30 minutes to see if the early strength holds above the 54800 mark.