Market Highlights: Nifty 50 Gains +0.88%, Trades Near 24,600 as Broader Market Shows Strength | 03 Aug 2026, 02:00 PM IST
By ThePip Desk
Indian equities are witnessing robust gains this afternoon, with the Nifty 50 trading at 24597.80, up over 200 points. Broader markets also show significant upward momentum.
Indian equity markets are displaying strong upward momentum in the afternoon session on Monday, August 3, 2026. All major indices are trading firmly in the green, with the Nifty 50 leading the charge, supported by broad-based buying across various sectors. Investors are keenly watching the sustained positive sentiment as the trading day progresses.
Major Indices Show Robust Gains
The benchmark Nifty 50 index is currently trading at 24597.80, registering a notable increase of +0.88%, or +214 points. This strong performance is mirrored across other key indices. The Nifty Bank index is also experiencing significant gains, trading at 57728.35, up +0.81%, adding +464 points to its value. The NIFTY Midcap 100 index is not far behind, hovering at 63449.90, with an impressive rise of +0.85%, or +535 points, indicating broad participation in the market rally.
| Index | Current Value | Change (Points) | Change (%) |
|---|---|---|---|
| Nifty 50 | 24597.80 | +214 | +0.88% |
| Nifty Bank | 57728.35 | +464 | +0.81% |
| NIFTY Midcap 100 | 63449.90 | +535 | +0.85% |
Sectoral Performance Highlights
The positive sentiment is widespread across various sectors, with several witnessing robust gains. The top performing sector is currently up by an impressive +2.19%. Other sectors are also contributing significantly to the market’s strength, showing gains of +1.32%, +1.06%, +0.99%, +0.59%, +0.43%, and +0.13%, respectively. This broad participation underscores the positive market breadth, even without specific breadth data available.
Top Gainers and Losers in Focus
Individual stocks are showing significant movements, reflecting the overall market sentiment. Interglobe Aviation Ltd. (INDIGO) is leading the gainers, soaring by +3.99% to ₹5377.5. Shriram Finance Ltd. (SHRIRAMFIN) is also performing strongly, up +3.32% at ₹1081.4. Technology major Infosys Ltd. (INFY) is trading higher by +3.30% at ₹1167.4, closely followed by Tata Consultancy Services Ltd. (TCS), which is up +3.02% at ₹2437.1. Bajaj Finserv Ltd. (BAJAJFINSV) rounds out the top five gainers, advancing +3.01% to ₹2090.1.
| Company | Current Price (₹) | Change (Points) | Change (%) |
|---|---|---|---|
| Interglobe Aviation Ltd. (INDIGO) | 5377.5 | +206.50 | +3.99% |
| Shriram Finance Ltd. (SHRIRAMFIN) | 1081.4 | +34.70 | +3.32% |
| Infosys Ltd. (INFY) | 1167.4 | +37.30 | +3.30% |
| Tata Consultancy Services Ltd. (TCS) | 2437.1 | +71.50 | +3.02% |
| Bajaj Finserv Ltd. (BAJAJFINSV) | 2090.1 | +61.00 | +3.01% |
On the other side, a few stocks are experiencing declines. Sun Pharmaceutical Industries Ltd. (SUNPHARMA) is down −1.62%, trading at ₹1958.3. Apollo Hospitals Enterprise Ltd. (APOLLOHOSP) is also in the red, falling −1.22% to ₹8848. Bharti Airtel Ltd. (BHARTIARTL) is trading lower by −0.90% at ₹1954.3. Cipla Ltd. (CIPLA) is down −0.86% to ₹1460.5, and Tech Mahindra Ltd. (TECHM) is currently trading at ₹1638.3, down −0.79%.
| Company | Current Price (₹) | Change (Points) | Change (%) |
|---|---|---|---|
| Sun Pharmaceutical Industries Ltd. (SUNPHARMA) | 1958.3 | −32.20 | −1.62% |
| Apollo Hospitals Enterprise Ltd. (APOLLOHOSP) | 8848 | −109.00 | −1.22% |
| Bharti Airtel Ltd. (BHARTIARTL) | 1954.3 | −17.70 | −0.90% |
| Cipla Ltd. (CIPLA) | 1460.5 | −12.70 | −0.86% |
| Tech Mahindra Ltd. (TECHM) | 1638.3 | −13.00 | −0.79% |
FII and DII Activity from Previous Session
Data from the session on July 31, 2026, indicates continued participation from institutional investors. Foreign Institutional Investors (FIIs) recorded a net inflow of +277.48 crore. Domestic Institutional Investors (DIIs) also showed strong buying interest, with a net inflow of +2,260.37 crore. These figures from the prior trading day suggest sustained positive sentiment from both FIIs and DIIs.
Overall, the Indian equity market is demonstrating robust strength across major indices and a majority of sectors, indicating a positive mid-session outlook.