EQUITY MARKET (27th July 2026)

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 24th July 2026

As of 10:25 (IST)

NSE ADVANCE/DECLINE:

As of 10:30 (IST)

NIFTY INDEX DAILY REPORT

The Nifty 50 rebounded sharply suspending 5 days of fall as strong buying interest across sectors pushed the index up by 228 points to settle at 23,995.95, near the key 24,000 threshold. Investor confidence was bolstered amid cooling geopolitical friction between the US and Iran along with fall in Brent crude oil prices below $90, sparking widespread bargain hunting after the prior week’s sell-off. While FMCG, technology, and aviation equities, notably InterGlobe Aviation and Eternal, led the rally, oil exploration firms like ONGC faced headwinds from lower crude realizations. With favorable Asian market trends and a steady Indian rupee, overall market breadth on the NSE finished decidedly in favor of the bulls.

Bank Nifty demonstrated strong momentum by breaching sustaining above the key 57,000 level, opening 423 points higher at 57,116 and touching an intraday high of 57,330 before settling at 57,087.20 With a gain of nearly 394 points, extending its recent outperformance relative to the broader market. Positive sentiment was fueled amid falling crude oil prices below $90, easing Middle East geopolitical tensions, and solid corporate earnings. Broad-based accumulation across both public sector and private banking heavyweights helped stabilize the index ahead of the monthly derivatives expiry, keeping overall sector breadth firmly in favor of the bulls.

Nifty IT index emerged as one of the standout sectoral performers, gaining over 2.34% to build on its momentum from the previous week and settled the day at 29,441.90. The rally in IT index  was spearheaded by heavyweights like Infosys and TCS, as investors absorbed post-Q1 earnings developments and responded positively to favorable foreign exchange tailwinds. Improved global sentiment, amid easing US-Iran geopolitical friction and lower crude oil costs,  supported the  appetite for dollar-earning exporters. Supported by robust rollover activity into the August futures series, the IT sector was key in leading Dalal Street’s broad-based recovery and snapping the broader market’s multi-day decline.

Nifty Realty index surged by 2.28% to close at 901.90 after opening at 888.65 and touching an intraday high of 903.15. The sector buying interest as sharp drops in global crude oil prices relieved inflationary concerns, reigniting expectations for favorable interest rate dynamics and sustained urban housing demand. The rally was broad-based across real estate majors, with notable gains led by Macro tech Developers, Prestige Estates Projects, and Godrej Properties. Rebounding sharply from the previous session’s consolidation, the index emerged as one of the top-performing sectoral gainers on the NSE, reflecting renewed risk-on sentiment across cyclical stocks.

NIFTY DAILY CHART

The Nifty managed to sustain Friday’s momentum and reach for the upside destination of 24,011.60. But the index couldn’t sustain the 24,000 mark and closed slightly down at 23,995.95 mark adding 0.95% from previous close. However, for further upside in the index, it must break the resistance of 24,000 and trade above the key level with sustainability to reach 24,100. Else, 23,800 would be acting as nearest support to the nifty.

Post Market Update:

Equity Market Technical Analysis Snapshot: Jul 27^th, 2026

NIFTY50:

Nifty gained 0.96%, opening gap-up at 23,928.40 and trading in a narrow range during the early session. After making an intraday low of 23,891.55, the index gradually broke out of the consolidation on the upside and touched an intraday high of 24,011.60, before closing near the day’s high at 23,995.95. The trend has turned bullish, supported by strong buying interest despite the index continuing to trade below its 200DMA, 30DMA, and 11DMA, indicating that the broader trend is still under recovery. The RSI improved to 49.55, reflecting strengthening momentum. Immediate resistance is placed at 24,100-24,250, while support is seen at 23,900-23,800. A sustained move above 24,100 could confirm a stronger recovery, while holding 23,900 will be crucial to maintain the current momentum.  

BANKNIFTY:

Bank Nifty gained 0.69%, opening gap-up at 57,116.80 and witnessing an initial surge to an intraday high of 57,330.05. However, the index failed to sustain at higher levels and witnessed mild profit booking, slipping to an intraday low of 56,928.65 before moving in a narrow range for the rest of the session. It eventually closed at 57,087.20, almost unchanged from its opening level, indicating indecision after the early rally. The trend remains sideways, with Bank Nifty trading below its 30DMA, 200DMA, and 11DMA, suggesting that the broader technical structure is still weak despite the positive close. The RSI at 48.61 reflects neutral momentum with no clear directional bias. Immediate resistance is placed at 57,350-57,550, while support is seen at 56,900-56,650. A sustained move above 57,350 could trigger further recovery, whereas a break below 56,900 may invite renewed selling pressure. 

NIFTY MID SELECT:

Nifty Mid Select (Midcap Nifty) gained 0.95%, opening gap-up at 14,543.40 and touching an intraday high of 14,592.05 before consolidating in a narrow range for the remainder of the session. The index closed firmly at 14,572.90, indicating sustained buying interest. The trend remains bullish, with the index continuing to trade above its 200DMA, although it is still below the 30DMA and 11DMA, suggesting that the recent recovery is still developing. The RSI improved to 50.18, moving back above the neutral mark. Immediate resistance is placed at 14,630-14,700, while support is seen at 14,520-14,450. A decisive breakout above 14,630 could strengthen the bullish momentum and pave the way for further gains.   

NIFTY IT:

Nifty IT surged 2.34%, opening gap-up at 28,181.70 and witnessing strong buying throughout the session. The index rallied sharply to an intraday high of 29,537.50 before moving sideways and closing near the day’s high at 29,441.90. The trend has turned bullish, with the index trading above its 30DMA and 11DMA, although it remains below the 200DMA, indicating that the longer-term trend is still under recovery. The RSI climbed to 60.20, reflecting strengthening bullish momentum. Immediate support is placed at 29,150-28,950, while resistance is seen at 29,500-30,000. A sustained breakout above 29,500 could accelerate the recovery and increase the probability of testing the 30,000 psychological level in the coming sessions. 

Pivot Table:

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 27th July 2026

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