Market Midday, 21 August 2026: Sensex, Nifty 50 Trade Marginally Higher
Add Preferred News Source
Sensex and Nifty 50 traded marginally higher in afternoon trade. Sectoral weakness capped gains while broader markets were positive. Read more.
The Sensex and the Nifty 50 traded marginally higher in afternoon trade. This came after a pullback in global equities. At 11:46 am, the BSE Sensex was up 0.091%. During the same time, the Nifty 50 was up 0.081%.
Broader markets traded higher. At 11:48 am, the Nifty Midcap 100 was up 0.05%, while the Nifty Smallcap 100 was up 0.87% at the same time. Sectorally, Nifty IT, Nifty Auto, and the Nifty FMCG were under pressure, while the Nifty Realty underperformed.
Top Stocks On Nifty 50 Today
Stocks of the following companies were the top five performers on the Nifty 50 index at around 11:49 am:
-
Power Grid Corporation Of India Ltd.
-
Kotak Mahindra Bank Ltd.
-
Bharat Electronics Ltd.
-
NTPC Ltd.
-
HDFC Life Insurance Company Ltd.
Stock-Specific Action
-
HDFC Bank shares rose over 1% in early trade after the bank announced raising $1.75 billion through twin bond sales to overseas investors.
-
RailTel shares jumped nearly 4% in early trade after the company bagged a ₹164.78 crore work order from Western Coalfields Ltd.
-
Balrampur Chini Mills, Dhampur Sugar Mills and Bajaj Hindusthan Sugar shares fell 5% in early trade after the government allowed duty-free imports of 1 million metric tonnes of raw sugar until 31 October.
-
Goodluck India shares tumbled nearly 66% in early trade after the company adjusted for its maiden 2:1 bonus issue.
IPOs Today
In the primary markets, Augmont Enterprises’ initial public offering (IPO) opened for subscription today. Through the IPO, the company plans to raise ₹825 crore. It comprises a ₹620 crore fresh issue and an offer for sale of up to ₹205 crore. The price band is ₹750-₹788.
Outlook For The Remaining Session
The Sensex and Nifty 50 are likely to remain marginally higher, but may trade within a narrow range amid mixed global cues and sectoral pressure. Stock-specific buying could keep the benchmarks afloat, while weakness in key sectors may cap gains.
Also Read - Nobel Hygiene Files DRHP For Rs 150 Crore IPO After Profit Jumps Nearly 100-Fold In FY26
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
