Market Highlights: Nifty 50 Falls 125 Points as IT Stocks Lead Mid-Session Market Sell-Off | 29 Sept 2026, 02:00 PM IST
By ThePip Desk
As of Tuesday, 29 September 2026, intraday, the Nifty 50 trades at 22,655.25. Broad market weakness persists as IT stocks drag indices lower during afternoon trade.
Market Snapshot
As of Tuesday, 29 September 2026, intraday, Indian equity markets are trading in the red. The Nifty 50 is currently at 22,655.25, reflecting a decline of -0.55% or -125 points. The Nifty Bank index follows a similar trend, trading at 54,206.05, down -0.49%. Meanwhile, the NIFTY Midcap 100 index is under pressure, hovering at 59,592.75 with a loss of -0.54%.
| Index | Current Level | Change | % Change |
|---|---|---|---|
| Nifty 50 | 22655.25 | -125 | -0.55% |
| Nifty Bank | 54206.05 | -266 | -0.49% |
| NIFTY Midcap 100 | 59592.75 | -321 | -0.54% |
Top Movers
Despite the broader market decline, specific stocks are showing resilience. Dr. Reddy’s Laboratories Ltd. leads the gainers with a +1.72% rise, followed by Adani Enterprises Ltd. at +1.12%. Conversely, the IT sector is facing significant selling pressure, with Infosys Ltd. and Titan Company Ltd. both falling -2.01%.
| Top Gainers | Price | % Change |
|---|---|---|
| Dr. Reddy’s | 1242 | +1.72% |
| Adani Enterprises | 2862.9 | +1.12% |
| Adani Ports | 1760.1 | +0.94% |
| Top Losers | Price | % Change |
|---|---|---|
| Infosys | 983 | -2.01% |
| Titan Company | 4722.5 | -2.01% |
| Wipro | 158.36 | -1.98% |
Institutional Activity
Market participants are monitoring flow data from the previous session, where FIIs were net sellers at -5,353.22 cr, while DIIs provided support with net buying of +5,189.02 cr. The current sentiment remains cautious as the indices struggle to find positive momentum during the afternoon session.