Market Midday, 10 August 2026: Sensex, Nifty 50 Trade Marginally Higher
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Sensex and Nifty 50 traded marginally higher in afternoon trade despite US-Iran uncertainty. Investors also tracked Q1 FY27 results and stock-specific moves. Read more.
The Sensex and the Nifty 50 traded marginally higher in afternoon trade despite uncertainty over the US and Iran deal regarding the opening of the Strait of Hormuz. At 11:47 am, the Sensex was up 0.090%. During the same time, the Nifty 50 was up 0.041%.
Broader markets traded higher and outperformed benchmarks. At 11:48 am, the Nifty Midcap 100 was up 0.68%, while the Nifty Smallcap 100 was up 0.10% at the same time. Sectorally, the Nifty Realty, Nifty Private Bank, and Nifty IT outperformed, while the Nifty PSU Bank underperformed.
Top Stocks On Nifty 50 Today
Stocks of the following firms were the top five performers on the Nifty 50 index at around 11:48 am:
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Titan Company Ltd.
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Tata Steel Ltd.
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Grasim Industries Ltd.
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Tata Consumer Products Ltd.
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Infosys Ltd.
Stock-Specific Action
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Ola Electric Mobility shares tumbled 6% in early trade despite the company reporting a reduction in net losses for Q1 FY27.
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Sky Gold and Diamonds shares rallied over 9% in early trade after the company reported a strong Q1 FY27 performance.
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Delhivery shares tumbled 4% in intraday trade after the company reported a 65% year-on-year (YoY) decline in its net profit for Q1 FY27.
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Kaynes Technology shares tumbled 8% in early trade after the company reported a 24.4% YoY decline in its net profit for Q1 FY27.
Q1 FY27 Results Today
The earnings season continues with several companies likely to declare their Q1 FY27 results today, including:
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Amara Raja Energy & Mobility
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Astra Microwave Products
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Bosch
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CMS Info Systems
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Hindustan Copper
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Dilip Buildcon
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Fusion Finance
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Zee Entertainment Enterprises
Market participants will track developments around the US-Iran situation and any updates on the Strait of Hormuz in the remaining trading session. Stock-specific moves could also remain in focus as more Q1 FY27 results are announced.
Also Read - NSE Indices Launches Nifty India Defence Equal Weight Index With 19 Stocks
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.
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