EQUITY MARKET (23th Sep 2026)

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 22nd Sep 2026

As of 10:25 (IST)

NSE ADVANCE/DECLINE:

As of 11:25 (IST)

NIFTY INDEX DAILY REPORT

Showing mild strength, the Nifty 50 began the trading session on a positive note, maintaining its stance above the key psychological threshold of 23,350. The benchmark index opened 23 points higher at 23,352.15, recovering a small portion of its previous losses amid encouraging signals across Asian markets and a drop in global crude oil prices below the mark of $95. Even so, broader gains were limited as steady profit-taking in major IT and banking shares kept overall sentiment tentative. From a technical view, immediate resistance sits near 23,500, while firm support holds at 23,000, binding the index to a narrow range as investors monitor macroeconomic data and international trends.

Rebound momentum lifted the Bank Nifty as the banking benchmark gained 326.70 points to settle the session at 56,542.25. After a lower start at 56,209.65, the sectoral index erased earlier pullbacks and trended higher across the trading session. Widespread accumulation in frontline banking stocks drove the index to a day’s high of 56,620.40, easily maintaining its cushion above the level of 56,000. Strong contributions from top private and public-sector lenders, namely IDFC First Bank and Canara Bank, aided the sector to outshine the broader market while clearing near-term overhead hurdles amid supportive regional cues.

Continuing its winning streak for a sixth straight trading day, the Nifty Realty index gained 1.04% to finish at 870.50. The real estate index began the session at 861.55 and climbed to a session high of 876.50, amid persistent accumulation across major property developers. Upside momentum was led by strong buying in Phoenix Mills, Anant Raj, and Lodha Developers, supported by incremental gains in DLF, Oberoi Realty, and Godrej Properties. Softer global oil markets and a steadying outlook on interest rates provided favorable backdrop conditions for realty shares, allowing the sector to stay firmly above its 860 base line.

Buying provided strong momentum for the Nifty FMCG index, as the sector gained 1.27% to finish at 46,236.65. The consumer goods index began the session at 45,657.75 and steadily trended upward throughout the day, benefiting from broader market gains. Lower international crude oil prices eased input expense pressures for consumer brand producers, encouraging investor demand across the space. Major constituents including Hindustan Unilever, ITC, Nestle India, and Britannia Industries led the gains, keeping the index well clear of its 45,000 base line and enabling the sector to outpace many cyclical industries.

NIFTY DAILY CHART

The Nifty50 continued to trade with positive bias and managed to sustain above the key level of 23,350 and settled the day at 23,431.35 up by 0.44% from the previous close of 23,329. RSI is also seen inching towards the mark of 40 at 39.12, indicating room for upside in the index. Thus if the index manages to sustain itself above the mark of 23,350 then we may see nifty reaching 23,500 in the short term. But the index is seen facing resistance at the mark of 23,500, thus it is crucial for the index to break through the given level for further upside, else we may see the index again falling to the mark of 23,350.

Equity Market Technical Analysis Snapshot: Sep 23^rd, 2026

NIFTY50:

Nifty opened around 23,352.15, below its 11-DMA, and initially slipped marginally to an intraday low of 23,349.55 before witnessing a recovery. The index gained momentum, crossed above its 11-DMA, and touched an intraday high of 23,466.90 before settling around 23,446.80. The overall trend remains sideways to bearish, with resistance placed at 23,475 and 23,650, while support is seen at 23,300 and 23,200. The index is trading below its 200-DMA and 30-DMA but has reclaimed its 11-DMA, indicating some improvement in short-term momentum while the broader structure remains weak. RSI at 40.25 reflects subdued momentum. A sustained move above 23,475 could support further recovery, while a break below 23,300 may bring renewed selling pressure. 

BANKNIFTY:

Bank Nifty opened around 56,209.65, below its 11-DMA, and witnessed buying momentum after the opening, rising to an intraday high of 56,623.80 and crossing above its 11-DMA before settling around 56,548.90. The trend remains sideways to bearish, with resistance placed at 56,750 and 57,000, while support is seen at 56,000 and 55,750. The index is trading below its 30-DMA and 200-DMA but has moved above its 11-DMA, indicating improvement in short-term momentum while the broader technical structure remains weak. RSI at 46.25 reflects subdued momentum. A sustained move above 56,750 could strengthen the recovery, while a break below 56,000 may revive selling pressure. 

NIFTY MID SELECT:

Nifty Mid Select opened around 14,554.55 and initially declined to an intraday low of 14,503.35 before recovering strongly. The index moved higher to an intraday high of 14,585.50 and settled around 14,572.25. The trend remains sideways to bullish, with resistance placed at 14,600 and 14,700, while support is seen at 14,500 and 14,400. The index is trading above its 11-DMA and 200-DMA but remains below its 30-DMA, indicating improving short-term momentum with some overhead resistance. RSI at 46.36 remains below the neutral 50 level but is showing signs of recovery. A sustained move above 14,600 could further strengthen the bullish setup, while 14,500 remains an important near-term support. 

NIFTY METAL:

Nifty Metal opened gap-up around 13,032.35 and witnessed strong buying momentum immediately after the opening, surging to an intraday high of 13,303.10 and crossing above its 11-DMA and 30-DMA before settling higher around 13,302.35. The overall trend remains bullish, with support placed at 13,150 and 13,040, while resistance is seen at 13,400 and 13,550. The index is trading above its 11-DMA, 30-DMA, and 200-DMA, confirming a strong positive technical structure. RSI at 56.31 indicates improving bullish momentum. Sustained trading above 13,400 could support further upside toward 13,550, while 13,150 remains an important near-term support level. 

Pivot Table:

Post Market Update:

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 23rd Sep 2026

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