By ThePip Desk

Nifty 50 closes at 22231 amid sustained FII outflows of ₹12943.58 crore. Markets brace for volatility at 9:15 AM as selling pressure persists across sectors.

Based on 08 October 2026 closing prices, the Indian equity markets faced significant downward pressure. The Nifty 50 index settled at 22231.80, marking a decline of −1.64% or 371 points. This session reflects a broader trend of caution among market participants as indices struggled to maintain support levels.

Market Performance Snapshot

Index Close Change%
Nifty 50 22231.80 −1.64%
Nifty Bank 54515.05 −0.98%
Nifty Midcap 100 57882.50 −2.53%

FII and DII Flows

Foreign Institutional Investors (FII) continued their selling spree, offloading ₹12943.58 crore in the last session. This marks five consecutive sessions of net selling by FIIs. Conversely, Domestic Institutional Investors (DII) acted as a counterbalance, recording a net inflow of ₹10703.11 crore, providing some liquidity to the markets during the sharp decline.

Top Movers and Sector Watch

Individual stock performance showed a stark contrast. Infosys Ltd. led the gainers with a +0.50% rise to ₹997, followed by Tech Mahindra Ltd. at +0.34% and Axis Bank Ltd. at +0.20%. On the downside, Adani Enterprises Ltd. fell by −5.36%, JSW Steel Ltd. dropped −4.46%, and ITC Ltd. declined by −4.03%. Max Healthcare Institute Ltd. and Interglobe Aviation Ltd. also saw notable losses of −3.81% and −3.55% respectively.

What to Watch at 9:15

Investors should monitor whether the DII support can mitigate the ongoing FII selling pressure as the market opens for the Friday session.

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Pre-Market Brief: Nifty Slips to 22231 as FII Selling Streak Hits Five Sessions | 09 Oct 2026, 08:00 AM IST

Nifty Slips to 22231 as FII Selling Streak Hits Five Sessions