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RELIANCE

FIIs Sell ₹5,027.36 Crore as Indian Benchmarks Set to Open Lower on September 25

Foreign institutional investors sold shares worth ₹5,027.36 crore on Thursday, while domestic institutional investors bought stocks worth ₹4,301 crore, according to NSE data. The Indian equity benchmarks are set to open lower on Friday, September 25, as indicated by NIFTY futures traded at Gift City in Gandhinagar. GIFT NIFTY futures declined 16 points to 23,092 amid mixed cues from global markets.

The Indian equity benchmarks posted their worst single‑day performance since March 9 on Thursday, September 24, as rising bond yields in the US and surging crude prices in global markets dented investor sentiment towards equities. The SENSEX dropped as much as 1,264 points at the day's lowest level and NIFTY50 index touched an intraday low of 23,046.

The SENSEX closed 1.67% or 1,248 points lower at 73,580 and NIFTY50 index dropped 384 points or 1.64% to close at 23,063. Investors' wealth worth ₹4.11 lakh crore was wiped out during the session from the companies listed on the BSE. This decline followed a mixed Asian market session where Japan's Nikkei rose 1.13% and Hong Kong's Hang Seng fell 2%, while China and South Korea were closed due to holidays.

Asian shares were trading on a mixed note tracking a surge in crude prices. Japan's Nikkei rose 1.13% while Hong Kong's Hang Seng dropped 2%. Chinese and South Korean markets were shut on account of holiday. Meanwhile, the Dow Jones Industrial Average declined for the third consecutive session as treasury yields climbed to a 19‑year high, falling 0.31% to 51,349.98, while the S&P 500 ended flat at 7,704.13, down 0.02%, and the NASDAQ Composite was little changed at 26,939.37, up 0.01%.

Brent crude futures declined 1% but remained above $105 per barrel after a Houthi missile attack on Saudi Arabia revived fears of supply disruptions, though trade was volatile and prices fell after reports that the US and Iran discussed reopening the Strait of Hormuz. McDonald’s Corp shares settled 0.55% lower and declined over 5% in midday trading after the company released a new multiyear growth plan, apart from a warning that high inflation and sluggish restaurant traffic are likely to continue. Foreign institutional investors sold shares worth ₹5,027.36 crore, while domestic institutional investors bought ₹4,301 crore. FIIs have sold a total of ₹12,609 crore this month, taking the cumulative selling to ₹237,050 crore for 2026, according to NSDL data.