Pre-Market Brief: Nifty Opens Friday at 23,873 as DIIs Offset FII Selling Pressure | 04 Sept 2026, 08:00 AM IST
By ThePip Desk
Nifty 50 closed at 23,873.45 on Thursday. Domestic institutional support remains the key theme as traders prepare for the Friday morning session at 9:15.
Market Overview
Based on 03 September 2026 closing prices, the Nifty 50 index settled at 23,873.45, reflecting a marginal decline of −0.17%. Despite the headline index dip, the Nifty Bank and Nifty Midcap 100 indices showed resilience, posting gains of +0.36% and +0.37% respectively.
| Index | Close | Change% |
|---|---|---|
| Nifty 50 | 23,873.45 | −0.17% |
| Nifty Bank | 57,380.60 | +0.36% |
| Nifty Midcap 100 | 63,235.20 | +0.37% |
FII and DII Flows
Market participants are closely watching the divergence between foreign and domestic flows. In the session ending 03 September 2026, FIIs remained net sellers with an outflow of ₹2,345.87 crore, marking their second consecutive session of net selling. Conversely, DIIs continue to provide a floor to the market, recording a net inflow of ₹4,977.46 crore.
Top Movers and Outlook
Adani Ports and Special Economic Zone Ltd. led the gains, rising +2.02% to ₹1,706.5. Financial stocks also saw positive momentum, with Axis Bank Ltd. up +1.04% and HDFC Bank Ltd. up +0.83%. On the downside, Bajaj Auto Ltd. fell −1.73%, while Tech Mahindra Ltd. declined −1.54%. Investors will look to see if the DII buying strength can sustain the momentum as the market opens at 9:15.