FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 7^th July 2026

As of 10:19(IST)

NSE ADVANCE/DECLINE: 

As of 10:20(IST)

NIFTY INDEX DAILY REPORT

Nifty 50, faced a sharp decline dropping over 2% due to widespread selling across sectors. The index started the trading session at 24,259.55 and managed a brief high of 24,300.00 before giving in to international and domestic pressures, eventually hitting a low of 23,805.20 during the day. The Nifty 50 was at 23,882.05, marking a steep loss of  2.12% compared to its prior close of 24,398.70. This sudden market drop was witnessed amid rising global concerns, including a spike in crude oil prices following overnight political tensions in the Middle East, a stronger US dollar, and general investor anxiety prior to the release of the US FOMC meeting minutes.

The Bank Nifty, following the wider market’s downward trend, fell by 2.5% due to heavy selling. After starting the day at 57,918.25 and reaching a peak of 58,075.60, the index steadily lost ground due to  international pressures. Sudden rise in oil prices above $75, triggered by overnight tensions between the US and Iran, prompted investors to book profits and avoid risky assets, pushing the index down to a daytime low of 56,549.40. Bank Nifty closed the session at 56,742.60, showing a massive drop of 1,458.10 points from the previous day’s close of 58,200.70. This steep decline reflected a major sell-off in both private and public sector bank stocks as macroeconomic worries caused unease across the financial industry.

Nifty Auto index was under intense sector-wide selling pressure, tumbling over 2.23% in tandem with a broader market sell-off. The index started the trading session at 27,168.00 and scaled a slim intraday high of 27,367.15 before settling the day at 26,733.40. Surging global crude oil prices, amid overnight geopolitical tensions in the Middle East, dented investor confidence, as high energy costs directly impact manufacturing outlays and margins across the automobile industry. This macro anxiety dragged the index down to an intraday low of 26,620.85. 

Nifty FMCG index dropped by  over 2.49% as investors moved away from risky assets. The usually resilient consumer goods index started the day at 49,955.25 and reached a minor peak of 50,024.55. It soon gave way to pressure from the broader markets, which were shaken by sudden political tensions between the US and Iran alongside rising global oil prices. The index dipped to a low of 49,377.80 during the session as major FMCG companies faced heavy profit-taking. By the close of trading, the Nifty FMCG index ended at 48,977.40, marking a clear single-day loss of of 2.49% compared to the prior close of 50,225.85.

NIFTY DAILY CHART

Nifty amid geopolitical tension plunged below the mark of 24,000. Thus, if the index retraced below the mark of 23,800, then the index would further become weak towards the level of 23,600.However, if US-Iran moves with resolution and ay positive development is seen, then index would be seen gaining momentum to reach for the 24,000 level again.

Post Market Update:

Equity Market Technical Analysis Snapshot: Jul 08^th, 2026

NIFTY50:

Nifty declined sharply by –2.12%, opening gap-down at 24,259.55 and remaining largely range-bound during the early part of the session. Selling pressure intensified as the day progressed, with the second half witnessing a steep decline that dragged the index below the crucial 24,100 support. Nifty touched an intraday low of 23,805.00, close to its 30-DMA, before recovering slightly to close at 23,882.05, below the psychological 24,000 mark. The trend has turned bearish, although the sharp decline increases the possibility of a short-covering bounce in the near term. Nifty is currently trading below its 200-DMA and 11-DMA but remains marginally above the 30-DMA, suggesting that the medium-term support is still being tested. The RSI at 48.51 reflects weakening momentum. Immediate resistance is placed at 24,100–24,250, while support is seen at 23,750–23,600. A sustained move below 23,750 could trigger further downside, whereas a recovery above 24,100 may lead to short-covering. 

BANKNIFTY:

Bank Nifty tumbled –2.51%, opening gap-down at 57,918.25, below the 58,000 mark. After a brief recovery to an intraday high of 58,075.60, the index came under heavy selling pressure, especially during the second half of the session. It breached the key 57,650 support, slipped below its 200-DMA, and touched an intraday low of 56,549.40 before closing at 56,742.60. The trend has turned bearish, although the sharp correction suggests that a short-covering rally cannot be ruled out. Bank Nifty now trades above its 30-DMA but below its 200-DMA and 11-DMA, indicating deterioration in the short-term technical structure. The RSI at 48.51 has weakened and reflects fading bullish momentum. Immediate resistance is placed at 57,300–57,800, while support is seen at 56,350–55,900. A recovery above 57,300 would improve sentiment, while a break below 56,350 could invite further selling.  

NIFTY MID SELECT:

Nifty Mid Select (Midcap Nifty) fell –1.50%, opening gap-down at 14,558.85 before witnessing an initial recovery that pushed the index to an intraday high of 14,654.95, briefly moving above the previous session’s close. However, the gains proved unsustainable as aggressive selling emerged, dragging the index below both its 11-DMA and 30-DMA to an intraday low of 14,337.60. A late recovery helped it reclaim the 30-DMA, and it eventually closed at 14,419.10. The trend has weakened to sideways to bearish, with the index remaining above its 200-DMA and 30-DMA but below the 11-DMA, indicating short-term weakness while the broader trend is still intact. The RSI at 50.25 suggests neutral momentum. Immediate resistance is placed at 14,500–14,600, while support is seen at 14,300–14,200. Holding above 14,300 will be important to prevent further weakness.  

NIFTY PSU BANK:

Nifty PSU Bank dropped –2.72%, opening gap-down at 8,238.00 and witnessing only a brief recovery to an intraday high of 8,269.50 before heavy selling resumed. The index fell sharply during the second half of the session, touching an intraday low of 8,034.20, and finally settled at 8,072.30. The trend has turned bearish, although the sharp correction and RSI at 34.90, which is approaching the oversold zone, indicate that a short-covering bounce cannot be ruled out. The index currently trades below its 200-DMA and 30-DMA but above the 11-DMA (based on the levels provided). Immediate support is placed at 7,950–7,850, while resistance is seen at 8,140–8,200. A sustained recovery above 8,140 could trigger a relief rally, while a break below 7,950 may extend the ongoing bearish trend. 

Pivot Table:

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 8^th July 2026

Disclaimer:

Investment in securities markets is subject to market risks. Please read all related documents carefully before investing. (Our SEBI Reg. No. INH000010335)

For Full Disclaimer: Click Here