The Indian stock market ended marginally lower in a choppy trading session on Tuesday, 28 July 2026, as strong gains in technology and real estate stocks were counterbalanced by heavy selling in FMCG, banking, and energy counters.
The benchmark BSE Sensex dropped 69.86 points (0.09%) to close at 76,765.92, while the NSE Nifty 50 slipped 10.60 points (0.04%) to settle at 23,985.35. The Bank Nifty index underperformed, declining 331.60 points (0.58%) to end at 56,755.60.
Market Snapshot: Key Index Performance
- BSE Sensex: 76,765.92 | ▼ 69.86 (-0.09%)
- NSE Nifty 50: 23,985.35 | ▼ 10.60 (-0.04%)
- Nifty Bank: 56,755.60 | ▼ 331.60 (-0.58%)
- Nifty Midcap 100: ▲ 0.08%
- Nifty Smallcap 100: ▼ 0.22%
Top Gainers and Losers Today (28 July 2026)
Top Nifty 50 Gainers
- Tata Consultancy Services (TCS): +4.55%
- Tech Mahindra: +3.32%
- Nestlé India: +3.31%
- Eternal Ltd: +3.23%
- Infosys: +2.65%
Top Nifty 50 Losers
- Hindustan Unilever (HUL): -6.90% (Dragged by weaker-than-expected Q1 profits)
- Coal India: -4.15% (Hit by lower production volumes and elevated costs)
- Bharat Electronics (BEL): Margin pressure concerns
- NTPC: Eased on profit-booking
- ICICI Bank: Slipped alongside broader banking weakness
Sectoral Highlights & Major Market Drivers
- IT Sector Surges: The Nifty IT index was the star performer, rallying 3.32%. Renewed buying emerged after Jefferies upgraded the Indian IT sector from Underweight to Neutral, coupled with global investors rotating out of overvalued AI heavyweights into steady Indian IT service providers.
- Earnings Drag FMCG & PSU: Hindustan Unilever plunged nearly 7% following a 3% YoY decline in quarterly profit. Coal India fell over 4% after missing consensus EBITDA estimates.
- Cooling Oil & Macro Factors: Brent crude oil prices dropped toward $83–85 per barrel as geopolitical tensions between the US and Iran eased, giving brief support to the Indian Rupee. However, investors remained cautious ahead of the US Federal Reserve’s interest rate decision.
Short-Term Technical Outlook
Market analysts note that the Nifty 50 is consolidating near the key psychological level of 24,000. Immediate downside support sits in the 23,820–23,850 range, while a decisive breakout above 24,050–24,120 is required to trigger fresh bullish momentum toward the 24,300 resistance mark.
===============================
Rupee at Close
28th July, 2026
The Indian rupee erased most of its intraday gains to end nearly flat on July 28, settling at 95.86 per US dollar, compared with its previous close of 95.89.
Source : moneycontrol
You may be interested in this article – Nifty Option Chain Analysis Guide
FII’s & DII’s Activity on 28th July, 2026
Net value in crores
| BUY | SELL | |
| DII | 1,664.16 | |
| FII | 755.33 |
Source : NSE
You may be interested in this article – How to trade with Support and Resistance
*Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
NOTE: *** The above information is based on the source and just for information and educational purposes only. Please consult your financial advisor before buying any stocks. Thank You ***
Important Links which may interest you :