Market Highlights: Nifty 50 Trades Above 24250, Gains 270 Points as Broader Market Rises | 29 Jul 2026, 02:00 PM IST

Indian equity markets are displaying robust buying interest mid-session on Wednesday, July 29, 2026, with major indices trading firmly in positive territory. This afternoon snapshot reveals a buoyant mood across various segments, as investors continue to drive the market higher, building on yesterday’s positive momentum. The Nifty 50 is currently hovering near the 24255 mark, reflecting broad-based optimism as the trading day progresses towards its close.

Major Indices Show Strong Gains

Index	Current Value	Change (Points)	Change (%)
Nifty 50	24255.00	+270	+1.12%
Nifty Bank	57205.10	+450	+0.79%
NIFTY Midcap 100	62830.40	+479	+0.77%

The benchmark Nifty 50 is currently trading at 24255.00, registering a significant gain of +270 points, or +1.12%, showcasing a strong upward trajectory. The Nifty Bank index is also participating actively in the rally, currently up by +450 points and trading at 57205.10, which represents a +0.79% increase. Furthermore, the NIFTY Midcap 100 is demonstrating solid performance, gaining +479 points to stand at 62830.40, marking a +0.77% rise. This widespread positive movement across large-cap, banking, and mid-cap segments indicates broad participation and investor confidence in the current market environment.

Sectoral Performance Mixed, Several See Strong Uptick

Sectoral performance is largely positive across the board, with several unnamed sectors experiencing notable gains. The leading performing sectors are currently up by +2.39%, +1.61%, +1.51%, +0.93%, and +0.51%, respectively, contributing significantly to the overall market strength. While the majority of sectors are in the green, a couple of segments are showing minor declines, with one down −0.13% and another down −0.17%, suggesting some profit-booking in specific areas.

Top Movers: Gainers and Losers

Company	Current Price (₹)	Change (Points)	Change (%)
JIO Financial Services Ltd. (JIOFIN)	249.6	+12.52	+5.28%
Infosys Ltd. (INFY)	1155	+49.30	+4.46%
Hindustan Unilever Ltd. (HINDUNILVR)	2106.8	+84.10	+4.16%
Cipla Ltd. (CIPLA)	1485	+40.40	+2.80%
Larsen & Toubro Ltd. (LT)	3936	+104.00	+2.71%

Company	Current Price (₹)	Change (Points)	Change (%)
Adani Ports and Special Economic Zone Ltd. (ADANIPORTS)	1712	−62.70	−3.53%
Mahindra & Mahindra Ltd. (M&M)	3230.1	−41.10	−1.26%
Bharat Petroleum Corporation Ltd. (BPCL)	316.7	−3.35	−1.05%
Bajaj Finserv Ltd. (BAJAJFINSV)	1909.5	−18.40	−0.95%
Power Grid Corporation Of India Ltd. (POWERGRID)	282.85	−2.45	−0.86%

Among the Nifty 50 constituents, JIO Financial Services Ltd. (JIOFIN) is the top gainer, surging +5.28% to ₹249.6, adding +12.52 points. Infosys Ltd. (INFY) is also performing strongly, currently up +4.46% at ₹1155. Hindustan Unilever Ltd. (HINDUNILVR) is trading +4.16% higher at ₹2106.8. Other notable gainers include Cipla Ltd. (CIPLA) up +2.80% and Larsen & Toubro Ltd. (LT) rising +2.71%. On the losing side, Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) is down −3.53% at ₹1712. Mahindra & Mahindra Ltd. (M&M) is trading −1.26% lower at ₹3230.1, and Bharat Petroleum Corporation Ltd. (BPCL) is seeing a dip of −1.05%.

FII and DII Activity Remains Positive

Looking at the institutional flows from the previous trading session on July 28, 2026, both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) showed positive activity. FIIs recorded net buying of +755.33 crore. Simultaneously, DIIs also demonstrated robust buying interest, with significant net inflows of +1,664.16 crore. This combined institutional support suggests a strong underlying confidence in the market’s trajectory.

Overall, the market is exhibiting a strong positive sentiment mid-session on Wednesday, driven by broad-based gains across major indices and sustained institutional buying activity, pointing towards a bullish outlook for the remainder of the trading day.