Market Highlights: Nifty 50 Trades Near 23,958, Midcaps Lead Gains as Market Remains Positive | 27 Jul 2026, 02:00 PM IST
By ThePip Desk
Indian equities show broad-based gains mid-session, with Nifty 50 trading at 23,958.35, up 0.80%. Midcap 100 leads the charge, climbing over 1%.
Indian equity markets are exhibiting robust positive momentum in the afternoon trading session on Monday, July 27, 2026, as key indices hover in the green. The benchmark Nifty 50 index is currently trading significantly higher at 23958.35, reflecting a substantial gain of +0.80%, which translates to an increase of +191 points. This upward trajectory indicates strong buying interest prevailing across the market.
The broader market is actively participating in this rally, with the NIFTY Midcap 100 index leading the charge. It is showing an impressive performance, trading up +1.06%, or +654 points, to reach 62276.50. Concurrently, the Nifty Bank index is also contributing to the overall positive sentiment, trading at 56982.35, registering a gain of +0.51%, equivalent to +289 points.
Major Indices Performance
| Name | Current | Change | Change% |
|---|---|---|---|
| Nifty 50 | 23958.35 | +191 pts | +0.80% |
| Nifty Bank | 56982.35 | +289 pts | +0.51% |
| NIFTY Midcap 100 | 62276.50 | +654 pts | +1.06% |
Sectoral Overview
The market is experiencing broad-based positive sentiment, with several key sectors demonstrating significant upward movement. Leading the charge are sectors that have posted impressive gains of +2.36%, +1.63%, and +1.44%. Other sectors are also showing notable increases of +1.37%, +1.01%, +0.61%, and +0.09%, reflecting widespread participation and a generally optimistic outlook.
Top Movers
Among individual stocks, Eternal Ltd. (ETERNAL) stands out as a top gainer, currently trading at ₹294.05, having surged by an impressive +5.02%, adding +14.05 points. Interglobe Aviation Ltd. (INDIGO) is also performing strongly, with its shares up +4.33%, trading at ₹5201, a gain of +216.00 points. Infosys Ltd. (INFY) sees a significant gain of +3.49%, with its stock trading at ₹1077.2, up +36.30 points. Bajaj Finance Ltd. (BAJFINANCE) is also in the green, up +2.94%, trading at ₹1042.6, gaining +29.80 points. Rounding out the top five gainers, Asian Paints Ltd. (ASIANPAINT) is trading +2.81% higher at ₹2712, adding +74.10 points to its value.
| Company | Current Price | Change | Change% |
|---|---|---|---|
| Eternal Ltd. (ETERNAL) | ₹294.05 | +14.05 pts | +5.02% |
| Interglobe Aviation Ltd. (INDIGO) | ₹5201 | +216.00 pts | +4.33% |
| Infosys Ltd. (INFY) | ₹1077.2 | +36.30 pts | +3.49% |
| Bajaj Finance Ltd. (BAJFINANCE) | ₹1042.6 | +29.80 pts | +2.94% |
| Asian Paints Ltd. (ASIANPAINT) | ₹2712 | +74.10 pts | +2.81% |
Conversely, some stocks are experiencing downward pressure. Oil & Natural Gas Corporation Ltd. (ONGC) is currently trading lower, at ₹240.11, registering a notable decline of −3.48%, losing −8.65 points. Pharmaceutical major Cipla Ltd. (CIPLA) is also in the red, down −1.03%, with its shares trading at ₹1396.1, a decrease of −14.50 points. Banking heavyweight HDFC Bank Ltd. (HDFCBANK) is trading lower by −0.57%, currently at ₹738.55, a dip of −4.25 points. Following closely, HDFC Life Insurance Company Ltd. (HDFCLIFE) is also experiencing a decline of −0.56%, trading at ₹551.95, down −3.10 points. Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) is registering a slight dip of −0.38%, with its stock trading at ₹1761.5, a reduction of −6.80 points.
| Company | Current Price | Change | Change% |
|---|---|---|---|
| Oil & Natural Gas Corporation Ltd. (ONGC) | ₹240.11 | −8.65 pts | −3.48% |
| Cipla Ltd. (CIPLA) | ₹1396.1 | −14.50 pts | −1.03% |
| HDFC Bank Ltd. (HDFCBANK) | ₹738.55 | −4.25 pts | −0.57% |
| HDFC Life Insurance Company Ltd. (HDFCLIFE) | ₹551.95 | −3.10 pts | −0.56% |
| Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) | ₹1761.5 | −6.80 pts | −0.38% |
FII and DII Activity
Provisional data from the previous trading session on July 24, 2026, indicates a continued trend of Domestic Institutional Investors (DIIs) providing support to the market. DIIs recorded substantial net purchases amounting to +5,453.55 crore. This robust buying by domestic institutions has effectively cushioned the impact of net sales by Foreign Institutional Investors (FIIs), who registered −3,892.77 crore in net outflows during the same period.
Overall, the Indian equity market maintains a distinctly positive outlook mid-session, largely driven by broad-based gains across major indices, particularly strong performance in the midcap segment, and continued support from domestic institutional investors.