Market Highlights: Nifty 50 Trades Below 24210, Broader Market Sees Mid-Session Weakness | 08 Jul 2026, 02:00 PM IST
By ThePip Desk
Nifty 50 is trading at 24208.80, down 0.78% as broader markets experience a mid-session decline. The Nifty Bank also shows a significant dip, falling 0.64%.
Indian equity markets are showing significant weakness mid-session on Wednesday, July 8, 2026. The benchmark Nifty 50 is trading firmly in negative territory, reflecting a broader market downturn. Investors are observing declines across most major indices as the trading day progresses.
Major Indices Face Mid-Session Pressure
The Nifty 50 is currently trading at 24208.80, registering a notable decline of −0.78%, or −190 points. The Nifty Bank index is also under considerable pressure, hovering at 57829.75, down −0.64% (−371 points). The NIFTY Midcap 100, while relatively stable, is still in the red, trading at 62257.65 with a marginal decrease of −0.04% (−28 points).
| Index | Current Level | Change | % Change |
|---|---|---|---|
| Nifty 50 | 24208.80 | −190 pts | −0.78% |
| Nifty Bank | 57829.75 | −371 pts | −0.64% |
| NIFTY Midcap 100 | 62257.65 | −28 pts | −0.04% |
Sectoral Performance Shows Mixed Trends
Sectoral performance during the afternoon session presents a mixed picture. One sector is currently showing positive momentum, trading up by +0.74%. However, the majority are experiencing declines, with percentage changes observed at −0.22%, −0.30%, −0.52%, −0.77%, −0.77%, and the most significant decline noted at −1.27%.
Top Gainers in Afternoon Trade
Despite the broader market weakness, a few stocks are demonstrating strong upward movement. Eternal Ltd. (ETERNAL) leads the gainers, trading at ₹296.05, up +2.30%. Bajaj Auto Ltd. (BAJAJ-AUTO) is also performing well, up +1.41% to ₹10252.5. Other notable gainers include Wipro Ltd. (WIPRO) with a +1.20% rise, Trent Ltd. (TRENT) advancing +1.02%, and Hindalco Industries Ltd. (HINDALCO) trading +0.62% higher.
| Company | Symbol | Current Price | Change | % Change |
|---|---|---|---|---|
| Eternal Ltd. | ETERNAL | ₹296.05 | +6.65 pts | +2.30% |
| Bajaj Auto Ltd. | BAJAJ-AUTO | ₹10252.5 | +143.00 pts | +1.41% |
| Wipro Ltd. | WIPRO | ₹175.08 | +2.08 pts | +1.20% |
| Trent Ltd. | TRENT | ₹2957.6 | +29.80 pts | +1.02% |
| Hindalco Industries Ltd. | HINDALCO | ₹975.5 | +6.00 pts | +0.62% |
Top Losers Drag Market Down
On the other side of the market, several prominent stocks are experiencing significant declines. JIO Financial Services Ltd. (JIOFIN) is currently the top loser, trading at ₹235.4, down a substantial −3.16%. Max Healthcare Institute Ltd. (MAXHEALTH) is also seeing a sharp fall, down −2.35% to ₹1092.1. Tata Consumer Products Ltd. (TATACONSUM) is trading lower by −2.18%, while Hindustan Unilever Ltd. (HINDUNILVR) is down −2.09%. Shriram Finance Ltd. (SHRIRAMFIN) completes the list of top five losers, with a decline of −2.06%.
| Company | Symbol | Current Price | Change | % Change |
|---|---|---|---|---|
| JIO Financial Services Ltd. | JIOFIN | ₹235.4 | −7.67 pts | −3.16% |
| Max Healthcare Institute Ltd. | MAXHEALTH | ₹1092.1 | −26.30 pts | −2.35% |
| Tata Consumer Products Ltd. | TATACONSUM | ₹1100.5 | −24.50 pts | −2.18% |
| Hindustan Unilever Ltd. | HINDUNILVR | ₹2162.6 | −46.20 pts | −2.09% |
| Shriram Finance Ltd. | SHRIRAMFIN | ₹1044.8 | −22.00 pts | −2.06% |
FII and DII Activity (Previous Session)
Data from the previous trading session on July 7, 2026, indicates that Foreign Institutional Investors (FIIs) were net buyers, injecting +393.19 crore into the Indian equity market. Conversely, Domestic Institutional Investors (DIIs) were net sellers, withdrawing −383.43 crore. This contrasting activity highlights differing investment strategies between the two major institutional investor groups.
Overall, the Indian equity market is experiencing broad-based selling pressure mid-session, with major indices and most sectors trading in negative territory.