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Broader Markets Extend Losing Streak to Third Week Amid FII Selling and Geopolitical Woes
M
Moneycontrol•27-09-2026, 10:26
Broader Markets Extend Losing Streak to Third Week Amid FII Selling and Geopolitical Woes
- •Broader markets, including Nifty Midcap 100 and Nifty Smallcap 100, underperformed for the third consecutive week, declining 2% and 1% respectively.
- •The BSE Sensex fell 0.53% and Nifty 50 dropped 0.88% during the week, weighed down by foreign institutional selling, high crude oil prices, and geopolitical uncertainty.
- •Sectoral indices showed mixed performance, with Nifty IT, Private Bank, and Energy declining, while Nifty Realty, Consumer Durables, Pharma, and FMCG saw gains.
- •Foreign institutional investors (FIIs) offloaded equities worth ’11,490.03 crore, extending their selling streak to five weeks, while domestic institutional investors (DIIs) bought equities worth ’16,398.15 crore.
- •Experts indicate Nifty faces crucial resistance at 23270–23300, with a potential downward trend towards 22800 if it remains below this level, while 23000 acts as key near-term support.
Key Questions Answered
The Nifty Midcap 100 fell 2% and the Nifty Smallcap 100 declined nearly 1%, extending their losing streak to the third consecutive week.
Both indices underperformed due to sustained foreign institutional selling, elevated crude oil prices, higher bond yields, and persistent geopolitical uncertainty.
Foreign institutional investors offloaded equities worth ₹11,490.03 crore over five consecutive weeks, while domestic institutional investors purchased equities worth ₹16,398.15 crore.
