Markets open lower as FII selling, high bond yields weigh on sentiment
The Sensex, which closed at 72,480.29 on September 30, opened at 72,192.89 on Thursday; Nifty 50, which closed at 22,620.45, opened at 22,543.70
On October 1, 2026, markets opened lower as Foreign Institutional Investors continued to sell equities, while domestic investors provided some relief through modest buying. The Sensex and Nifty 50 both opened lower, with the Sensex falling 0.18% to 72,351.79 and the Nifty 50 dropping 0.27% to 22,558.30. This follows September's steep monthly decline for Indian equities, which saw the Nifty 50 decline 6.1% month-on-month.
Key gainers for the day included Infosys, TCS, and Kotak Mahindra Bank, while Bajaj Auto, Apollo Hospitals, and Max Healthcare were among the biggest decliners. The IT sector showed resilience, with gains in top IT companies like Infosys and TCS. However, the banking sector, represented by the Bank Nifty, also showed strength, closing above its previous day's high.
Global cues remained mixed, with US equities and the 10-year Treasury yield holding steady. The market will be closed for Gandhi Jayanti tomorrow, which could prompt cautious positioning ahead of the extended break.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Markets head for negative open as FII outflows outweigh oil relief thehindubusinessline.com
