Morning Brief: Nifty Rises 1.10% to 24,250; FIIs Inject ₹2,981 Cr as Markets Rebound | 30 Jul 2026, 08:15 AM IST
By ThePip Desk
Indian equities surged, with the Nifty 50 climbing 1.10% to 24,250.20, driven by robust FII inflows of ₹2,981.87 crore and strong performance in IT and FMCG sectors.
Indian equity benchmarks witnessed a strong rebound on Wednesday, with the Nifty 50 closing above the 24,250 mark. The broad-based rally was supported by significant buying from Foreign Institutional Investors (FIIs) and positive momentum across key sectors like IT and FMCG.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 24,250.20 (+1.10%) |
| Nifty Bank | 57,205.90 (+0.79%) |
| Nifty Midcap 100 | 62,862.25 (+0.82%) |
Institutional Flows
Foreign Institutional Investors (FIIs) turned net buyers, injecting ₹2,981.87 crore into Indian equities on Wednesday. Domestic Institutional Investors (DIIs) also showed buying interest, with a net inflow of ₹998.02 crore.
| Date | FII Net (₹ Cr) | DII Net (₹ Cr) |
|---|---|---|
| 2026-07-29 | +2981.87 | +998.02 |
| 2026-07-28 | +755.33 | +1664.16 |
| 2026-07-27 | -1688.23 | +2329.14 |
| 2026-07-24 | -3892.77 | +5453.55 |
| 2026-07-23 | -2999.23 | +2947.14 |
Sector Performance
IT, FMCG, and Pharma sectors led the gains, while Auto and Realty indices saw minor declines.
| Sector | Last |
|---|---|
| Nifty IT | 31,123.10 (+2.32%) |
| Nifty FMCG | 49,690.65 (+1.66%) |
| Nifty Pharma | 26,373.35 (+1.44%) |
| Nifty Financial Services | 26,287.10 (+1.01%) |
| Nifty PSU Bank | 8,317.15 (+0.40%) |
| Nifty Auto | 27,825.95 (-0.06%) |
| Nifty Realty | 918.45 (-0.33%) |
Top Movers
JIO Financial Services and Hindustan Unilever were among the top Nifty 50 gainers, while Adani Ports and Mahindra & Mahindra faced selling pressure.
Top Gainers
| Symbol | Company | Last |
|---|---|---|
| JIOFIN | JIO Financial Services Ltd. | 249.48 (+5.23%) |
| HINDUNILVR | Hindustan Unilever Ltd. | 2117.80 (+4.70%) |
| INFY | Infosys Ltd. | 1155.60 (+4.51%) |
| HINDALCO | Hindalco Industries Ltd. | 962.45 (+2.78%) |
| LT | Larsen & Toubro Ltd. | 3931.40 (+2.59%) |
Top Losers
| Symbol | Company | Last |
|---|---|---|
| ADANIPORTS | Adani Ports and Special Economic Zone Ltd. | 1719.70 (-3.10%) |
| M&M | Mahindra & Mahindra Ltd. | 3221.80 (-1.51%) |
| POWERGRID | Power Grid Corporation Of India Ltd. | 282.85 (-0.86%) |
| BPCL | Bharat Petroleum Corporation Ltd. | 317.40 (-0.83%) |
| EICHERMOT | Eicher Motors Ltd. | 7779.00 (-0.73%) |
Global Cues
US markets ended mostly higher on Tuesday, while Asian markets traded mixed ahead of the Federal Reserve’s interest rate decision. Escalating tensions between the US and Iran led to a jump in crude oil prices, adding to global market caution. Concerns over artificial intelligence (AI) valuations also kept investors on edge.
Currency & Macro
The Indian Rupee strengthened by 15 paise against the US dollar, closing at 95.67. On the macroeconomic front, India’s economy remains resilient with real GDP expanding over 7% annually in the past three years. Public Sector Banks (PSBs) reported significant improvement, with net profits nearly tripling over the past five years to a record ₹1.98 lakh crore in FY26. Total business for PSBs rose to ₹283.3 lakh crore as of March 31, 2026. India also curtailed 8,133 GWh of solar power during April-June 2026 due to grid constraints. Bond yields traded higher on Wednesday, with the new 10-year Government Stock yielding 6.78%, up 1 basis point. The merchandise trade deficit is seen as a reflection of India’s development and investment requirements.
IPO Watch
Several Initial Public Offerings (IPOs) are open for subscription today, July 30, 2026:
- Juniper Green Energy Ltd.: Price band ₹214-225, closes August 3.
- Dhaval Packaging Ltd.: Price band ₹92-97, closes August 3.
- Oneindig Technologies Ltd.: Price band ₹91-96, closes August 3.
- MV Electrosystems Ltd.: Price band ₹400-425, closes August 3.
- Poojaa Precision Engg Ltd.: Price band ₹285-301, closes today, July 30.
Corporate Announcements & Earnings
Notable corporate developments include:
- Lohia Corp Ltd., Xtranet Technologies Ltd., INDO-MIM Ltd.: Equity shares listed today.
- RPG Life Sciences Ltd.: Announced an acquisition, restructuring, and released a press note following its board meeting.
- Honeywell Automation India Ltd.: Submitted a revised notice for its 42nd Annual General Meeting and filed its Annual Report.
- Steelcast Ltd.: Board approved capacity addition.
- Ethos Ltd.: Inaugurated a new watch boutique in Amritsar, Punjab, bringing its total to 103 boutiques across India.
- Hirect Ltd.: Secured its first order from the US for traction motor assemblies, scheduled for delivery in FY27.
- Ramco Systems Ltd.: Will implement its next-generation Aviation Software at CFS Aero to support engine and APU maintenance, repair, and overhaul operations.
- AGI Greenpac, HLV, Insilco: Announced quarterly results.