Based on 22 October 2026 closing prices, the Indian equity markets enter Friday, 23 October 2026, on a cautious note. The Nifty 50 concluded Thursday’s session at 22687.65, marking a decline of −0.54%. The broader market sentiment remained dampened, with the Nifty Midcap 100 index shedding −0.87% to close at 57063.95.

Index Close Change
Nifty 50 22687.65 −0.54%
Nifty Bank 54925.70 −0.09%
Nifty Midcap 100 57063.95 −0.87%

FII Flows and Institutional Activity

Institutional participation remains a focal point for traders. In the previous session, Foreign Institutional Investors (FII) net sold ₹3458.7 crore, while Domestic Institutional Investors (DII) provided support with a net purchase of ₹2891.32 crore. This marks the return of net selling by FIIs after a brief respite in the prior session.

Market Movers and Sectoral Performance

Despite the overall negative trend, specific stocks saw buying interest. Bajaj Finance Ltd. led the gains, rising +1.74% to ₹942.1, followed by Cipla Ltd. at +1.29% and Ultratech Cement Ltd. at +1.00%. Conversely, selling pressure was evident in Nestle India Ltd., which dropped −2.78%, and Reliance Industries Ltd., which fell −2.03%.

Market participants will be closely monitoring the 9:15 AM opening bell to see if the Nifty 50 can find immediate support near current levels.