Pre-Market Brief: Nifty 50 Slips to 22421 as FII Selling Streak Hits Five Days | 02 Oct 2026, 08:00 AM IST
By ThePip Desk
Nifty 50 closes at 22421 amid persistent FII outflows. Investors brace for Friday’s opening as domestic buying attempts to cushion the broader market decline.
Market Overview
Based on 01 October 2026 closing prices, the Indian equity markets faced significant pressure, with the Nifty 50 shedding 199 points to close at 22421.95. The decline was broad-based, impacting midcap segments and key sectoral indices as selling momentum intensified.
| Index | Close | Change % |
|---|---|---|
| Nifty 50 | 22421.95 | −0.88% |
| Nifty Bank | 54450.75 | −0.33% |
| Nifty Midcap 100 | 58732.00 | −1.01% |
FII and DII Activity
Foreign Institutional Investors (FII) continued their exit from Indian equities, marking five consecutive sessions of net selling. In the latest session, FIIs offloaded shares worth ₹9484.22 crore. Conversely, Domestic Institutional Investors (DII) acted as a support pillar, recording a net purchase of ₹10041.84 crore.
Top Movers and Sectoral Trends
Market sentiment was mixed at the individual stock level. Infosys Ltd. led the gains, climbing +4.11% to ₹1035, followed by HDFC Life Insurance Company Ltd. at +2.49%. On the downside, Bajaj Auto Ltd. faced heavy selling pressure, dropping −7.62% to ₹10045, while Maruti Suzuki India Ltd. fell −4.86%. Traders will be monitoring whether the heavy selling in the auto sector persists during the Friday session.
What to Watch at 9:15
With FIIs maintaining a consistent selling streak, the market will look to see if DII buying power remains sufficient to stabilize the indices at the 9:15 open.