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 Desk
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.