Pre-Market Brief: Nifty 50 Slips to 23779 as Tech Stocks Drag Market Sentiment Lower | 08 Sept 2026, 08:00 AM IST
By ThePip Desk
Nifty 50 closes at 23779.15 amid broad-based selling in IT stocks. Investors look to FII inflows for stability as the market prepares for the 9:15 open.
Based on 07 September 2026 closing prices, the Indian equity markets faced a challenging session as the Nifty 50 retreated by −0.50% to settle at 23779.15. The broader market sentiment remained cautious, with the Nifty Midcap 100 also shedding −0.46% to end the day at 62786.15.
Market Snapshot
| Index | Close | Change% |
|---|---|---|
| Nifty 50 | 23779.15 | −0.50% |
| Nifty Bank | 57088.30 | −0.49% |
| Nifty Midcap 100 | 62786.15 | −0.46% |
Sectoral Performance and Movers
The selling pressure was particularly evident in the technology space, contributing to the overall index decline. Infosys Ltd. led the losers with a −3.76% drop, followed by Tech Mahindra Ltd. at −2.06%. Conversely, Apollo Hospitals Enterprise Ltd. provided some relief to investors, gaining +1.27% to reach ₹8760. Larsen & Toubro Ltd. and Coal India Ltd. also saw positive momentum, rising +0.88% and +0.84% respectively.
FII and DII Flows
Institutional activity showed a positive trend in the latest session. Foreign Institutional Investors (FII) recorded a net inflow of ₹280.13 crore, while Domestic Institutional Investors (DII) added ₹566.76 crore to the market. This marks a continuation of support from domestic players despite the recent volatility in FII flows observed over the last five sessions.
What to Watch at 9:15
As trading resumes, market participants will monitor whether the support from institutional investors can help the Nifty 50 recover from its recent slide below the 23800 mark.