Market Volatility Persists: Nifty Flat, Key Stocks Rally Amid FII Selling, DII Buying

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Moneycontrol•09-01-2026, 10:47
Market Volatility Persists: Nifty Flat, Key Stocks Rally Amid FII Selling, DII Buying
- •Indian markets show volatility; Nifty trades flat around 25850, while Bank Nifty sees a greater decline and selling pressure continues in Midcap and Smallcap.
- •ICICI BANK, HDFC BANK, NTPC, and Adani Port exert downward pressure, but PSU Bank, Oil & Gas, IT (HCL Tech, Tech Mahindra), and select Metal stocks rally.
- •Vodafone Idea shares jump 5% after government grants a 10-year lifeline, offering significant relief on AGR dues payment.
- •IEX shares surge 6% ahead of the Electricity Appellate Tribunal hearing on its market coupling case, while BHEL gains over 3% on new orders.
- •Nifty's crucial support is 25800-25700, with resistance at 26000-26050; FIIs sold ₹3,367 crore, offset by DIIs buying ₹3,701 crore.
Why It Matters: Market remains volatile with mixed sector performance; institutional flows show FII selling, DII buying.
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