Pre-Market Brief: Nifty Opens Friday at 23,873 as DIIs Offset FII Selling Pressure | 04 Sept 2026, 08:00 AM IST
Key Highlights
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 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% |
and 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.