EQUITY MARKET (28th Sep 2026)

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 25th Sep 2026

As of 10:11 (IST)

NSE ADVANCE/DECLINE:

As of 10:11 (IST)

Post Market Update:

NIFTY INDEX DAILY REPORT

Nifty 50 faced severe selling pressure as the benchmark index dropped roughly 1.56% to finish near 22,780.25, decisively undercutting the critical 23,000 threshold. The widespread market retreat was amid global macroeconomic challenges, including rising Brent crude prices rising above the mark of  $100.80 per barrel due to geopolitical friction, elevated U.S. bond yields above 5%, and continued capital withdrawals by foreign portfolio investors. Risk appetite turned deeply pessimistic across all industries, heavily dragged down by state-owned banks, metal stocks, and major market constituents like HDFC Bank, ICICI Bank, and Reliance, leaving the index technically vulnerable below its short-term trendlines.

The Bank Nifty faced intense bearish pressure shedding 1,108.75 points to finish at 54,471.65 following a weak market opening at 55,347.80. The index’s sharp retreat mirrored broader market stress, with financial stocks taking a heavy hit under the weight of escalating global uncertainties, primarily surging crude oil costs, rising U.S. treasury yields, and persistent selling by foreign institutional investors. After hitting a brief peak of 55,390.10, aggressive intraday selling drove the bank nifty down to a low near 54,442, breaking key near-term support levels and leaving the banking sector technically fragile near its 54,200 floor.

The Nifty Realty index dropped 2.12% to settle near 850.90. This downturn tracked the  broader market fall, where the Nifty 50 broke below 23,000 as deteriorating investor sentiment pressured rate-sensitive and high-beta groups. Although prominent individual stocks such as DLF had experienced brief upward traction prior to the session, profit booking and broader sectoral friction dragged property shares down in step with other major market segments. Nevertheless, market experts maintain a constructive outlook on the sector’s long-term valuations, citing robust pre-sales targets and strong upcoming launch pipelines across top listed real estate firms as key buffers against short-term volatility.

NIFTY DAILY CHART

The Nifty50 continued to trade with negative bias and plunged below the mark of 23,000 a crucial support zone. Further index also plunged to the low of 27.69, taking the index to the oversold zone. Rising crude oil prices with no conclusion between US-Iran Index may plunge to the level of 22,500. Thus, only upside in the index can only be sustained above trading of 23,000 and above else downside remains dominant.

Equity Market Technical Analysis Snapshot: Sep 28^th, 2026

NIFTY50:

Nifty opened around 23,064.90 and witnessed sharp selling pressure initially, with the index then moving mostly in a range on the lower side before declining to an intraday low of 22,762.20 and settling around 22,780.25. The overall trend remains bearish, with resistance placed at 22,880 and 23,050, while support is seen at 22,710 and 22,601. The index continues to trade below its 200-DMA, 30-DMA, and 11-DMA, confirming a weak technical structure. RSI at 27.69 has entered the oversold zone, indicating intense selling pressure; however, short covering cannot be ruled out at lower levels. A sustained break below 22,710 could trigger further downside, while reclaiming 22,880 may provide room for a recovery.

BANKNIFTY:

Bank Nifty opened around 55,347.80 and witnessed continued selling pressure, with the index spending most of the session in a lower range before declining sharply to settle around 54,471.65, registering a fall of more than 1,100 points from the higher levels. The overall trend remains bearish, with resistance placed at 54,750 and 55,100, while support is seen at 54,310 and 54,000. The index continues to trade below its 11-DMA, 30-DMA, and 200-DMA, confirming a weak technical structure. RSI at 30.24 indicates strong bearish momentum and proximity to the oversold zone. Given the sharp decline, short covering cannot be ruled out from lower levels. A sustained break below 54,310 could trigger further weakness, while reclaiming 54,750 may provide initial recovery.

NIFTY MID SELECT:

Nifty Mid Select opened gap-down around 13,989.90 and witnessed continued selling pressure, although most of the session was spent moving sideways at lower levels. The index declined to an intraday low of 13,743.25 before settling lower around 13,776.35. The overall trend remains bearish, with resistance placed at 13,850 and 14,000, while support is seen at 13,650 and 13,500. The index is trading below its 11-DMA, 30-DMA, and 200-DMA, confirming a weak technical structure. RSI at 29.60 remains in the oversold zone, reflecting strong selling pressure. Given the extended decline, short covering cannot be ruled out; however, a sustained break below 13,650 could lead to further downside.

NIFTY PSU BANK:

Nifty PSU Bank opened around 8,270.05, below its 11-DMA, and witnessed sustained selling pressure throughout the session, declining to an intraday low of 8,018.10 before settling around 8,026.10. The index has broken below the 8,034 zone, which is likely to remain an important level to watch, while support is placed at 7,980 and 7,910. Resistance is seen at 8,100 and 8,200. The index continues to trade below its 11-DMA, 30-DMA, and 200-DMA, confirming a weak technical structure. RSI at 31.80 indicates strong bearish momentum and proximity to the oversold zone. Given the sharp decline and oversold conditions, short covering cannot be ruled out, while a sustained break below 7,980 could trigger further weakness.

Pivot Table:

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 28th Sep 2026

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