Stock market midday update: Nifty 50 at 23,832.40 down 0.31%, Sensex at 75,747.50 down 0.16%, IT index gains 2.19%
At midday, the Indian stock market exhibited a mixed performance with the Nifty 50 declining to 23,832.40, marking a 0.31% drop from its opening level of 23,902.15. The Sensex also experienced a downturn, falling 0.16% to 75,747.50 from its opening of 75,988.51. Despite these declines, the Nifty IT index stood out with a significant gain of 2.19%, reaching 29,540.60.
Index movements
The Nifty 50 opened at 23,902.15 and reached a high of 24,002.80 before dipping to a low of 23,825.35. The index has shown a downward trajectory throughout the morning session. Similarly, the Sensex opened at 75,988.51, peaked at 76,220.02, and touched a low of 75,731.55, reflecting a cautious sentiment among investors.
The Bank Nifty index showed minimal movement, opening at 54,748.30 and currently trading at 54,846.10, with a slight decrease of 0.01% from its opening level.
Sectoral performance
The Nifty IT index emerged as the top performer, climbing 2.19% to 29,540.60, with a high of 29,747.20 and a low of 29,333.30. In contrast, the Nifty Metal index saw a decline of 0.87%, trading at 13,598.45. The Nifty Auto index also fell by 0.80% to 26,650.15. Meanwhile, the Nifty Realty and Nifty Media indices both recorded gains of 0.64%, trading at 789.55 and 1,426.25, respectively.
Market breadth
The broader market indices reflected a mixed trend. The Nifty 100 and Nifty 500 indices both experienced declines, with the Nifty 100 down 0.31% to 24,893.90 and the Nifty 500 down 0.26% to 22,908.70. The Nifty Midcap 50 and Midcap 100 indices also registered losses, with the Midcap 50 down 0.52% to 17,662.50 and the Midcap 100 down 0.42% to 62,296.95.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,902.15 | 24,002.80 | 23,825.35 | 23,832.40 | -0.31% |
| Sensex | 75,988.51 | 76,220.02 | 75,731.55 | 75,747.50 | -0.16% |
| Nifty IT | 29,347.50 | 29,747.20 | 29,333.30 | 29,540.60 | +2.19% |
| India VIX | 14.98 | 15.44 | 14.59 | 15.19 | +1.40% |
| Nifty Metal | 13,828.80 | 13,828.80 | 13,596.20 | 13,598.45 | -0.87% |
| Nifty Auto | 26,915.40 | 27,033.60 | 26,647.10 | 26,650.15 | -0.80% |
| Nifty Realty | 785.35 | 800.10 | 784.25 | 789.55 | +0.64% |
| Nifty Media | 1,419.65 | 1,431.95 | 1,409.75 | 1,426.25 | +0.64% |
| Nifty Energy | 41,784.30 | 41,828.55 | 41,274.85 | 41,296.35 | -0.58% |
| Nifty Midcap 50 | 17,850.00 | 17,859.10 | 17,657.05 | 17,662.50 | -0.52% |
| Nifty FMCG | 49,956.20 | 50,245.55 | 49,848.80 | 49,891.50 | -0.50% |
| Nifty Midcap 100 | 62,861.20 | 62,907.50 | 62,279.40 | 62,296.95 | -0.42% |
| Nifty 100 | 24,992.40 | 25,082.10 | 24,886.25 | 24,893.90 | -0.31% |
| Nifty 500 | 23,012.80 | 23,075.25 | 22,902.05 | 22,908.70 | -0.26% |
| Nifty PSU Bank | 8,244.20 | 8,300.65 | 8,204.55 | 8,210.15 | -0.19% |
| Nifty Pharma | 24,796.30 | 24,945.35 | 24,682.00 | 24,704.60 | -0.05% |
| Bank Nifty | 54,748.30 | 55,184.45 | 54,748.30 | 54,846.10 | -0.01% |
Market outlook
As the session progresses, investors are closely monitoring the performance of the IT sector, which has shown resilience amidst a generally cautious market sentiment. The broader market indices suggest a mixed trend, indicating varied investor sentiment across different sectors. Market participants will continue to watch for any developments that could influence the indices further.
Data as on May 29, 2026, 12:30 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.
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