Opening Bell: Nifty Opens Higher at 24468.25, Early Gains Led by Select Financials | 07 Jul 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 starts Tuesday’s session with a +38 point gap-up, trading at 24468.25. Early trade shows cautious optimism, with financials and IT contributing to the index’s initial ascent.
The Nifty 50 opens Tuesday’s session with a +38 point gap-up, trading at 24468.25. This marks a 0.16% increase from its previous close of 24430.35, signaling a positive start to the trading day. In the early minutes of trade, the benchmark index holds firmly above its previous close, reflecting initial buying interest.
| Index | Open | Change (vs Prev Close) |
|---|---|---|
| Nifty 50 | 24468.25 | +38 pts (+0.16%) |
Market breadth in the Nifty 50 remains notably flat in these initial moments, with zero advances and zero declines reported. This suggests that the early upward movement in the index is highly concentrated, possibly driven by a few heavyweight stocks, rather than a broad-based participation across all 50 constituents.
Key Movers at the Open
Among the early gainers, Shriram Finance Ltd. (+0.29%) leads the pack, trading at ₹1065.4. ITC Ltd. also sees a modest rise of +0.26% to ₹289. Other notable stocks contributing to the Nifty’s positive start include Bajaj Finserv Ltd. (+0.20%), Maruti Suzuki India Ltd. (+0.17%), and Infosys Ltd. (+0.15%).
Conversely, Nestle India Ltd. is among the early losers, down −0.32% at ₹1469. Tata Consumer Products Ltd. trades lower by −0.25%, while Dr. Reddy’s Laboratories Ltd. sees a decline of −0.24%. SBI Life Insurance Company Ltd. (−0.23%) and HDFC Bank Ltd. (−0.22%) also register early losses, indicating some profit-taking or sector-specific weakness.
Institutional Flows Data
Recent institutional activity shows Domestic Institutional Investors (DIIs) as significant net buyers, infusing +₹3791.42 crore on July 6th. Foreign Institutional Investors (FIIs) also recorded net buying of +₹243.03 crore on the same day, marking zero consecutive sell sessions for FIIs, which suggests a return to buying. Looking back, on July 3rd, FIIs were net buyers with +₹1355.33 crore, while DIIs were net sellers with −₹1953.89 crore.
Investors will be closely watching for broader market participation and sustained momentum in the Nifty 50 over the next 30 minutes of trade, especially how the market breadth evolves.