📅 2026-07-29  •  AI Market Narrative

Markets Soar, NIFTY 50 Gains 1.10% as Institutions Pour in ₹35,387.85Cr

Markets Soar, NIFTY 50 Gains 1.10% as Institutions Pour in ₹35,387.85Cr

The Indian stock market witnessed a stellar day today, July 29, 2026, with all major indices posting significant gains. The NIFTY 50 soared to a new high, closing at 24,250.20, a gain of 1.10% over the previous day.

The bulls were in control today, with the NIFTY 50 being the star performer. The index was driven by buying demand from institutional investors, who poured in a whopping ₹35,387.85Cr (net buying of ₹3,419.49Cr) today.

Top 3 Gainers:

  • KPITTECH (KPIT Technologies Limited): Up 6.12%: KPITTECH witnessed a significant surge today, closing at ₹243.50. The company's strong earnings and growth prospects have made it a darling among investors, who are eagerly snapping up its shares.
  • NIFTY IT: Up 2.32%: The IT sector continued its winning streak today, with the NIFTY IT index gaining 2.32% to close at 31,123.10. Top IT stocks like Infosys, HCL Technologies, and Wipro led the gains.
  • NIFTY FMCG: Up 1.66%: The FMCG sector also posted healthy gains today, with the NIFTY FMCG index closing at 49,690.65, a gain of 1.66%. Stocks like Hindustan Unilever, Nestle India, and ITC led the gains.

Biggest Losers:

Karur Vysya Bank was the top loser today, down 4.52% to close at ₹43.50. The company's weak earnings and poor guidance have spooked investors, who are dumping its shares.

Ambuja Cements was down 3.75% to close at ₹234.00. The company's weak demand and reduced pricing power have impacted its earnings, leading to a selloff.

The NIFTY AUTO index, which closed at 27,825.95, was down 0.06% today. The sector's earnings have been impacted by reduced demand and supply chain disruptions.

FII/DII Activity:

The FII/DII activity was very upbeat today, with net buying of ₹3,419.49Cr. The FIIs were the net buyers, purchasing ₹17,530.97Cr worth of shares, while the DIIs sold ₹16,111.08Cr worth of shares. The DII activity was also very positive, with net buying of ₹1,664.16Cr.

Tomorrow's Outlook:

Tomorrow, July 30, 2026, will be an interesting day for the markets, with the RBI policy statement scheduled to be announced. The market is eagerly awaiting the policy statement, which is expected to provide cues on the future interest rate trajectory. Investors will be closely watching the monetary policy statement for any changes in the repo rate, and how it will impact the markets.

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