Closing Bell: Nifty Plunges Over 1.25% as Heavyweights Drag; Hero MotoCorp Gains | 04 Aug 2026, 03:46 PM IST
By ThePip Desk
Indian equities faced significant selling pressure today, with the Nifty 50 closing −1.25% lower at 24463.45. Broad market sentiment remained cautious despite more advancing stocks.
Indian equity markets concluded Tuesday’s session firmly in the red, with benchmark indices witnessing significant declines. The Nifty 50 closed at 24463.45, registering a substantial drop of −310.85 points, or −1.25%. The Nifty Bank also declined by −1.30% to settle at 57492.75. The NIFTY Midcap 100 closed −0.51% lower at 63351.45.
Despite the overall market downturn, market breadth within the Nifty 50 showed a mixed picture: 31 stocks advanced against 19 declines. This indicates that while more stocks gained, significant losses in heavyweight counters pulled the main index lower.
Benchmark Index Performance
| Index | Close | Change | Change (%) |
|---|---|---|---|
| Nifty 50 | 24463.45 | −310.85 | −1.25% |
| Nifty Bank | 57492.75 | −755.20 | −1.30% |
| NIFTY Midcap 100 | 63351.45 | −327.85 | −0.51% |
Sectoral Overview
Selling pressure was broad-based across various sectors. While specific sector names were not available, several categories registered notable declines. The steepest fall observed was −1.97%, followed by −1.57%, −1.39%, −1.20%, −0.79%, −0.51%, and −0.43%, indicating widespread weakness.
Top Gainers and Losers in Nifty 50
Among Nifty 50 constituents, Hindalco Industries Ltd. led gainers with +2.30%, closing at ₹1017.8. Hero MotoCorp Ltd. followed, advancing +2.11% to ₹5575. On the losing side, Grasim Industries Ltd. saw a significant decline of −4.23%, closing at ₹3122. HDFC Life Insurance Company Ltd. and Max Healthcare Institute Ltd. also faced substantial selling pressure, falling −3.43% and −3.12% respectively.
| Company | Close (₹) | Change (%) |
|---|---|---|
| Top Gainers | ||
| Hindalco Industries Ltd. | 1017.8 | +2.30% |
| Hero MotoCorp Ltd. | 5575 | +2.11% |
| Trent Ltd. | 3077 | +0.89% |
| Apollo Hospitals Enterprise Ltd. | 8883.5 | +0.72% |
| JIO Financial Services Ltd. | 264.6 | +0.61% |
| Eternal Ltd. | 310.65 | +0.05% |
| Top Losers | ||
| Grasim Industries Ltd. | 3122 | −4.23% |
| HDFC Life Insurance Company Ltd. | 534.15 | −3.43% |
| Max Healthcare Institute Ltd. | 1066.1 | −3.12% |
| Hindustan Unilever Ltd. | 2081 | −2.67% |
| Nestle India Ltd. | 1490.1 | −2.61% |
| NTPC Ltd. | 341.95 | −2.55% |
| Bajaj Auto Ltd. | 11560 | −2.50% |
| SBI Life Insurance Company Ltd. | 1871 | −2.30% |
| Tata Consumer Products Ltd. | 1084.5 | −2.30% |
| Bharat Petroleum Corporation Ltd. | 322.5 | −2.26% |
Institutional Activity
Institutional investors showed varied activity in recent sessions. On August 3, 2026, Foreign Institutional Investors (FIIs) were net buyers, injecting +922.26 cr, while Domestic Institutional Investors (DIIs) also recorded net buying of +1571.18 cr. On July 31, 2026, FIIs bought +277.48 cr and DIIs bought +2260.37 cr. On July 30, 2026, FIIs showed strong buying with +3623.51 cr, contrasting with DIIs who were net sellers at −1864.03 cr. Today’s FII and DII data was not available at the time of this report.
Stock in Focus: Hero MotoCorp
Among the Nifty 50 top gainers, Hero MotoCorp Ltd. (+2.11%) notably bucked the market trend, closing at ₹5575. The company’s positive performance was supported by recent announcements. Hero MotoCorp’s VIDA introduced the VIDA EVOOTER VX2 Go FB, featuring a 3.1 kWh fixed battery and an IDC-certified range of 128 km. Additionally, Hero MotoCorp is expanding its global footprint by entering Germany through a distribution partnership with KSR Group, making Germany its fifth European market and 53rd market worldwide.
As markets look ahead, attention will remain on global cues and any further institutional flow data for directional insights. Investors will closely monitor how key indices respond to current levels in the upcoming session.