Market Highlights: Nifty 50 Trades Above 24,000; Banking Sector Leads Mid-Session Gains | 01 Jul 2026, 02:00 PM IST

Indian equity benchmarks are showing a positive trend mid-session on Wednesday, July 1, 2026, with the Nifty 50 hovering above the 24,000 mark. Broad-based buying is visible across major indices, though sectoral performance presents a mixed picture. Investors are closely watching individual stock movements as the trading day progresses towards its close.

Major Indices Show Upward Momentum

The key indices are trading firmly in positive territory, reflecting a buoyant mood in the broader market. The Nifty 50 is trading at 24040.50, up +0.73%, adding +175 points. The Nifty Bank is outperforming, currently at 58045.35, marking a significant gain of +0.87% or +502 points. The NIFTY Midcap 100 is also contributing to the positive sentiment, trading at 61975.85, up +0.29% with an increase of +178 points.

Index	Current Value	Change	% Change
Nifty 50	24040.50	+175 pts	+0.73%
Nifty Bank	58045.35	+502 pts	+0.87%
NIFTY Midcap 100	61975.85	+178 pts	+0.29%

Sectoral Performance: Mixed Trends Emerge

Sectoral performance is varied, with some sectors showing robust gains while others are under pressure. One sector is currently leading the gains, advancing +2.60%. This is followed by another strong performer, up +1.98%, and a third showing a +1.00% increase. Further positive contributions come from sectors gaining +0.99% and +0.88% respectively. On the downside, one sector is experiencing a decline of −1.47%, while another is down −0.30%, indicating selective profit-taking or bearish sentiment in specific pockets.

Top Gainers: Key Stocks Drive Rally

Individual stocks are driving much of the market’s upward movement. Eternal Ltd. is leading the pack, trading at ₹277.05, up +4.71%. Nestle India Ltd. is also seeing strong buying interest, currently at ₹1452.6, a gain of +3.37%. Asian Paints Ltd., Adani Enterprises Ltd., and Adani Ports and Special Economic Zone Ltd. are among other notable gainers.

Company	Current Price	% Change	Points Change
Eternal Ltd. (ETERNAL)	₹277.05	+4.71%	+12.45 pts
Nestle India Ltd. (NESTLEIND)	₹1452.6	+3.37%	+47.40 pts
Asian Paints Ltd. (ASIANPAINT)	₹2715	+3.01%	+79.30 pts
Adani Enterprises Ltd. (ADANIENT)	₹3124	+2.90%	+88.00 pts
Adani Ports and Special Economic Zone Ltd. (ADANIPORTS)	₹1860.2	+2.76%	+50.00 pts

Top Losers: Select Stocks Under Pressure

Conversely, some prominent stocks are experiencing declines. Tech Mahindra Ltd. is down −3.23%, trading at ₹1359.3. HCL Technologies Ltd. is also facing selling pressure, dropping −2.97% to ₹1040. Hindalco Industries Ltd., Tata Motors Passenger Vehicles Ltd., and Larsen & Toubro Ltd. are among other stocks seeing negative movements.

Company	Current Price	% Change	Points Change
Tech Mahindra Ltd. (TECHM)	₹1359.3	−3.23%	−45.40 pts
HCL Technologies Ltd. (HCLTECH)	₹1040	−2.97%	−31.80 pts
Hindalco Industries Ltd. (HINDALCO)	₹940.1	−1.72%	−16.50 pts
Tata Motors Passenger Vehicles Ltd. (TMPV)	₹347.15	−1.43%	−5.05 pts
Larsen & Toubro Ltd. (LT)	₹4090	−1.29%	−53.40 pts

FII and DII Flows (June 30, 2026)

Provisional data for June 30, 2026, indicates that Foreign Institutional Investors (FIIs) were net sellers, with an outflow of −2,556.75 crore. Domestic Institutional Investors (DIIs), however, provided strong support to the market, recording a net inflow of +6,842.34 crore.

Overall, the Indian equity market is demonstrating positive momentum in the afternoon session, driven by strong domestic institutional buying and gains in key sectors, despite some individual stock and sectoral corrections.