Pre-Market Brief: Nifty 50 Closes Above 24250, FIIs Turn Buyers After Three Sell Sessions | 30 Jul 2026, 08:00 AM IST
Key Highlights
Nifty 50 surged past 24250, driven by significant FII inflows after three consecutive selling sessions. This positive shift suggests a buoyant opening, with market participants closely watching for sustained momentum at 9:15 AM.
Indian equity markets concluded Wednesday’s session on a strong positive note, with the index closing significantly higher at 24250.20, marking a gain of +1.10% or +265 pts. This upward movement was notably supported by a return of Foreign Institutional Investor () buying after three consecutive sessions of net selling, injecting substantial capital into the market.
Index Snapshot
| Name | Close | Change% |
|---|---|---|
| Nifty 50 | 24250.20 | +1.10% |
| Nifty Bank | 57205.90 | +0.79% |
| NIFTY Midcap 100 | 62862.25 | +0.82% |
Market Breadth
The market breadth for the Nifty 50 remained balanced despite the strong index gains. Out of 50 constituents, 26 stocks advanced while 24 declined, indicating a selective rally rather than a broad-based surge across all counters.
Sector Performance
Several sectors contributed positively to the market’s rally. Some sectors saw notable gains of +2.32%, +1.66%, +1.44%, +1.01%, and +0.40%. Conversely, a few sectors registered minor declines, with one down by −0.33% and another by −0.06%, reflecting mixed sentiment in specific pockets.
Top Movers
Among the Nifty 50 components, JIO Financial Services Ltd. (JIOFIN) emerged as the top gainer, closing at ₹249.48 with a significant rise of +5.23%. Hindustan Unilever Ltd. (HINDUNILVR) also saw strong buying interest, up +4.70% to ₹2117.8. Infosys Ltd. (INFY) advanced by +4.51% to ₹1155.6, while Hindalco Industries Ltd. (HINDALCO) gained +2.78% and Larsen & Toubro Ltd. (LT) rose +2.59%.
On the declining side, Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) was the top loser, shedding −3.10% to ₹1719.7. Mahindra & Mahindra Ltd. (M&M) also closed lower by −1.51%. Other notable losers included Power Grid Corporation Of India Ltd. (POWERGRID) down −0.86%, Bharat Petroleum Corporation Ltd. (BPCL) with a −0.83% dip, and Eicher Motors Ltd. (EICHERMOT) declining −0.73%.
FII and Flows
Foreign Institutional Investors (FIIs) turned net buyers on July 29, recording an inflow of +2981.87 crore. This marks a significant shift after three consecutive selling sessions from July 23 to July 27, where FIIs cumulatively sold substantial amounts. Domestic Institutional Investors (DIIs) continued their supportive role, with a net inflow of +998.02 crore on July 29. Over the last five sessions, DIIs have consistently been net buyers, providing a strong counter-balance to earlier FII outflows.
What to Watch at 9:15
The market is likely to open with a positive bias, driven by the strong closing on Wednesday and renewed FII interest, with participants closely monitoring for sustained buying momentum and global cues.