Market Highlights: Nifty 50 Hovers Near 24185 as IT Stocks Drive Gains Amid Broader Market Dip | 13 Jul 2026, 02:01 PM IST

By ThePip DeskMarket Highlights: Nifty 50 Hovers Near 24185 as IT Stocks Drive Gains Amid Broader Market Dip | 13 Jul 2026, 02:01 PM IST

Indian equities trade cautiously mid-session, with the Nifty 50 hovering near 24185.05. IT majors lead gains while broader indices show minor declines.

Indian equity markets are navigating a cautious mid-session on Monday, July 13, 2026, with key benchmark indices trading in negative territory. The Nifty 50 is hovering near the 24185.05 mark, reflecting a marginal dip as the trading day progresses.

Major Indices Snapshot

As of the current trading hours, the Nifty 50 is trading at 24185.05, registering a decrease of −0.09%, or −22 points. The Nifty Bank index is also at 57943.00, down −0.18%, or −103 points. The NIFTY Midcap 100 is trading at 62891.05, experiencing a decline of −0.23%, equivalent to −146 points. This indicates a consistent negative performance across major market segments.

Index Current Level Change % Change
Nifty 50 24185.05 −22 −0.09%
Nifty Bank 57943.00 −103 −0.18%
NIFTY Midcap 100 62891.05 −146 −0.23%

Sectoral Performance Overview

A look at sectoral performance reveals a mixed landscape. One sector is notably outperforming, showing a significant gain of +3.92%. Conversely, the majority of other sectors are experiencing declines. These include sectors trading down by −0.03%, −0.23%, −0.28%, −0.34%, −0.78%, and −1.15% respectively. This distribution of negative performance underscores a cautious mood across various market segments.

Top Movers: Gainers and Losers

Individual stock performance highlights a strong divergence, with the Information Technology (IT) sector clearly dominating the list of top gainers. Tata Consultancy Services Ltd. (TCS) is leading this surge, trading robustly at ₹2187, up +5.70% or +118.00 points. HCL Technologies Ltd. (HCLTECH) is also performing strongly, up +5.03% at ₹1222.7, a gain of +58.60 points. Tech Mahindra Ltd. (TECHM) sees a substantial rise of +4.28%, with its share price at ₹1517.1, adding +62.30 points. Infosys Ltd. (INFY) is trading +3.73% higher at ₹1107.8, up +39.80 points, and Wipro Ltd. (WIPRO) is also showing positive momentum, up +1.89% to ₹178.78, gaining +3.32 points.

Conversely, several prominent stocks are experiencing declines. Grasim Industries Ltd. (GRASIM) is notably among the top losers, currently down −2.24%, trading at ₹3141.5, a drop of −72.10 points. Tata Steel Ltd. (TATASTEEL) is also trading lower by −2.05%, with its share price at ₹187.27, losing −3.92 points. Interglobe Aviation Ltd. (INDIGO) is down −1.84%, trading at ₹5214.5, a fall of −97.50 points. Nestle India Ltd. (NESTLEIND) is trading at ₹1428.9, down −1.81% or −26.30 points, and Tata Consumer Products Ltd. (TATACONSUM) is also lower by −1.38%, with its price at ₹1096.6, representing a decrease of −15.30 points.

Company Current Price Change % Change
Top 5 Gainers
Tata Consultancy Services Ltd. (TCS) ₹2187 +118.00 +5.70%
HCL Technologies Ltd. (HCLTECH) ₹1222.7 +58.60 +5.03%
Tech Mahindra Ltd. (TECHM) ₹1517.1 +62.30 +4.28%
Infosys Ltd. (INFY) ₹1107.8 +39.80 +3.73%
Wipro Ltd. (WIPRO) ₹178.78 +3.32 +1.89%
Top 5 Losers
Grasim Industries Ltd. (GRASIM) ₹3141.5 −72.10 −2.24%
Tata Steel Ltd. (TATASTEEL) ₹187.27 −3.92 −2.05%
Interglobe Aviation Ltd. (INDIGO) ₹5214.5 −97.50 −1.84%
Nestle India Ltd. (NESTLEIND) ₹1428.9 −26.30 −1.81%
Tata Consumer Products Ltd. (TATACONSUM) ₹1096.6 −15.30 −1.38%

FII and DII Activity

Analysis of institutional investment flows from the previous trading session, July 10, 2026, shows continued positive sentiment. Foreign Institutional Investors (FIIs) registered a net inflow of +2,603.72 crore. Concurrently, Domestic Institutional Investors (DIIs) also demonstrated robust buying activity, with a net inflow of +2,019.68 crore on the same day. These figures suggest ongoing institutional confidence in the market.

Overall, the market is currently experiencing a slight downturn across major indices, though strong performance from the IT sector provides a notable counter-trend, supported by positive institutional flows from the prior session.

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