Indian Stock Market Highlights Today 31 July 2026: Sensex Gains 166 Points, Nifty Settles Above 24,380
The Indian stock market extended its winning streak for the third consecutive session on Friday, 31 July 2026, powered by impressive Q1 earnings in financial services and automobile majors. Strong buying in the Bajaj twins and M&M helped the benchmark indices absorb profit-booking in IT and FMCG stocks, allowing Nifty and Sensex to wrap up July with second straight monthly gains of over 2%.
The BSE Sensex rose 166.49 points (0.21%) to close at 78,094.64, while the NSE Nifty 50 gained 66.45 points (0.27%) to settle at 24,383.60. The Nifty Bank index also edged higher, gaining 117.35 points (0.21%) to end at 57,264.85.
Market Snapshot: Key Benchmark Indices
- BSE Sensex: 78,094.64 | ▲ 166.49 (+0.21%)
- NSE Nifty 50: 24,383.60 | ▲ 66.45 (+0.27%)
- Nifty Bank: 57,264.85 | ▲ 117.35 (+0.21%)
- FII Net Buying: ₹277.48 crore
- DII Net Buying: ₹2,260.37 crore
Top Gainers and Losers Today (31 July 2026)
Top Nifty 50 Gainers
- Bajaj Finance: +8.32% (₹1,141.20) — Rallied following a 28% YoY jump in Q1 net profit and improving asset quality.
- Bajaj Finserv: +6.27% (₹2,029.10) — Surged on strong consolidated earnings and 19% income growth.
- Jio Financial Services: +3.85% (₹256.46) — Boosted by sector-wide optimism across financial counters.
- Mahindra & Mahindra (M&M): +3.50% — Extended gains on sustained optimism around Q1 earnings and SUV demand.
- ONGC & Sun Pharma: Advanced selectively to provide broader market support.
Top Nifty 50 Losers
- TCS: -2.72% — Dragged down as IT stocks faced profit-booking and global tech reallocation.
- Infosys: Slid along with tech sector weakness.
- Wipro: Eased due to profit-taking following recent multi-session gains.
- Hindustan Unilever (HUL): Pressure in the FMCG basket kept prices capped.
- Tech Mahindra: Slipped amid broad-based selling across IT services.
Sectoral Highlights & Key Market Drivers
- Financials & Auto Surge: The Nifty Financial Services index jumped 1.31%, while the Nifty Auto index advanced 1.64%. Earnings beats by Bajaj Finance and M&M anchored the day’s gains.
- IT & FMCG Under Pressure: The Nifty IT index dropped 1.56% as investors locked in profits after recent sector upgrades. Nifty FMCG fell 1.05% due to weakness in heavyweights.
- Institutional Support: Both FIIs and DIIs remained net buyers in cash markets, providing underlying support against global market volatility.
Technical Outlook
Technically, Nifty formed a higher-high bullish candle on daily charts, closing above the 24,350 mark. Immediate support is placed at 24,250, while resistance remains pegged near 24,500.
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Rupee at Close
31st July, 2026
Indian rupee ended 29 paise higher at 95.39 per dollar on Friday versus previous close of 95.68.
Source : moneycontrol
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FII’s & DII’s Activity on 31st July, 2026
Net value in crores
| BUY | SELL | |
| DII | 2,260.37 | |
| FII | 277.48 |
Source : NSE
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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 ***
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