Market Highlights: Nifty 50 Trades Lower by 93 Points as Broader Market Sees Intraday Weakness | 18 Aug 2026, 02:00 PM IST
By ThePip Desk
Indian equities experience a mid-session dip on Tuesday. Nifty 50 trades at 24194.75, down 0.38%, as broader indices also show negative momentum.
As of Tuesday, 18 August 2026, intraday, Indian equity benchmarks are trading with a distinct downward bias, reflecting broad-based selling pressure across major indices during the afternoon session. With the market still open, investors are closely monitoring the evolving trends and looking for potential shifts in momentum before the closing bell.
Major Indices Show Intraday Weakness
All key Indian equity indices are currently navigating negative territory, indicating a cautious mood among market participants. The bellwether Nifty 50 is trading at 24194.75, registering a notable decline of −0.38%, which translates to a loss of −93 points from its opening. Similarly, the Nifty Bank index, a crucial barometer for the financial sector, is hovering near 57285.25, down by −0.37% and shedding −213 points. The broader NIFTY Midcap 100 also reflects this prevailing bearish trend, trading at 63626.85, currently down −0.30% or −190 points, suggesting a widespread impact on mid-sized companies as well.
| Index Name | Current Value | Change | Change % |
|---|---|---|---|
| Nifty 50 | 24194.75 | −93 pts | −0.38% |
| Nifty Bank | 57285.25 | −213 pts | −0.37% |
| NIFTY Midcap 100 | 63626.85 | −190 pts | −0.30% |
Top Gainers and Losers in Intraday Trade
Amidst the broader market downturn, a few stocks are managing to defy the trend and register gains. Grasim Industries Ltd. (GRASIM) is leading the pack of gainers, currently trading +1.06% higher at ₹3285.1, adding +34.60 points. Mahindra & Mahindra Ltd. (M&M) is also showing resilience, up +1.04% and trading at ₹3425.5, with a gain of +35.10 points. Axis Bank Ltd. (AXISBANK) is experiencing positive momentum, trading +0.84% higher at ₹1237.6. Max Healthcare Institute Ltd. (MAXHEALTH) is up +0.78%, trading at ₹1011.5, while Bajaj Finance Ltd. (BAJFINANCE) is also in the green, trading +0.66% higher at ₹1096.5.
| Company | Current Price | Change % | Points Change |
|---|---|---|---|
| Grasim Industries Ltd. (GRASIM) | ₹3285.1 | +1.06% | +34.60 pts |
| Mahindra & Mahindra Ltd. (M&M) | ₹3425.5 | +1.04% | +35.10 pts |
| Axis Bank Ltd. (AXISBANK) | ₹1237.6 | +0.84% | +10.30 pts |
| Max Healthcare Institute Ltd. (MAXHEALTH) | ₹1011.5 | +0.78% | +7.80 pts |
| Bajaj Finance Ltd. (BAJFINANCE) | ₹1096.5 | +0.66% | +7.20 pts |
Conversely, several prominent stocks are facing significant selling pressure. Asian Paints Ltd. (ASIANPAINT) is currently the top laggard, trading −2.26% lower at ₹2626.7, a decline of −60.80 points. Infosys Ltd. (INFY) is experiencing a notable dip, trading −2.06% lower at ₹1116.4, shedding −23.50 points. HCL Technologies Ltd. (HCLTECH) is also facing headwinds, down −1.97% and trading at ₹1298.9. Tata Motors Passenger Vehicles Ltd. (TMPV) is trading −1.97% lower at ₹323.7, while Tech Mahindra Ltd. (TECHM) is down −1.56%, currently at ₹1584.9.
| Company | Current Price | Change % | Points Change |
|---|---|---|---|
| Asian Paints Ltd. (ASIANPAINT) | ₹2626.7 | −2.26% | −60.80 pts |
| Infosys Ltd. (INFY) | ₹1116.4 | −2.06% | −23.50 pts |
| HCL Technologies Ltd. (HCLTECH) | ₹1298.9 | −1.97% | −26.10 pts |
| Tata Motors Passenger Vehicles Ltd. (TMPV) | ₹323.7 | −1.97% | −6.50 pts |
| Tech Mahindra Ltd. (TECHM) | ₹1584.9 | −1.56% | −25.10 pts |
FII and DII Activity from Previous Session
Looking at the institutional activity from the previous trading session on August 17, 2026, Foreign Institutional Investors (FIIs) demonstrated a net selling position, offloading equities worth a significant −2,535.1 crore. In contrast, Domestic Institutional Investors (DIIs) provided crucial support to the market, emerging as net buyers with a robust inflow of +5,101.46 crore, effectively absorbing a substantial portion of the FII selling.
Futures Market Overview
At this specific intraday reporting time, no specific data on futures market activity is available for detailed analysis.
The intraday data strongly suggests a cautious to negative sentiment prevailing in the Indian equity market, characterized by broad-based selling and significant institutional support from DIIs.