📅 2026-07-24  •  AI Market Narrative

NSE India Market Summary — 2026-07-24

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Market Closes Lower on 24th July 2026: Top Gainers and Sector Trends

The Indian markets ended the day on a slightly negative note on Friday, 24th July 2026, with the NIFTY 50 index declining by 0.43% to close at 23,767.45. This comes on the back of a mixed global performance, as the US Federal Reserve's inflation data sparked concerns of continued rate hikes.

The NIFTY BANK index bucked the trend, gaining 0.18% to close at 56,693.50. However, the other major indices like NIFTY 100, NIFTY 500, and NIFTY AUTO closed lower at -0.37%, -0.30%, and -1.10%, respectively.

Top Gainers of the Day

  • NIFTY50 DIV POINT (NIFTY50 DIVIDEND POINTS) was the star performer of the day, gaining 11.30% to close at ₹157.04.
  • Other significant gainers were NIFTY IT and NIFTY FMCG, which rose by 0.82% and 0.04%, respectively.

Biggest Losers of the Day

  • SRF (SRF Ltd) was amongst the top losers, plummeting by 8.53% to close at a price of ₹...
  • Karur Vysya Bank and other stocks in the banking sector also witnessed heavy selling pressure.

FII and DII Activity

The FIIs were net sellers in the Indian markets, selling stocks worth ₹2,999.23 Cr and buying ₹11,472.08 Cr. The DII, on the other hand, was net buyers, purchasing stocks worth ₹2,947.14 Cr and selling ₹13,628.16 Cr.

Sector Trends

  • The IT sector continued its good run, with NIFTY IT index closing higher by 0.82%.
  • The NIFTY IT sector witnessed a significant influx of buying interest from FIIs, who purchased stocks worth ₹...
  • The NIFTY 500 index, which is representative of the larger universe of mid-cap stocks, lost 0.30% closing at 22,913.30.

What to Watch Out for Tomorrow

The coming week is likely to be filled with crucial macroeconomic data, including the IIP and inflation numbers. Investors should keep a close eye on these releases to gauge the economic sentiment and guide their investment decisions. Furthermore, the NIFTY IT and NIFTY FMCG sectors are expected to continue their upward trajectory, driven by a combination of domestic and global factors.

This is an AI-generated market summary for informational purposes only. Not investment advice.