Market Midday, 15 July 2026: Benchmarks Trade In Green

The Sensex and the Nifty 50 remained in the positive territory mid-trade following positive developments on global fronts. At 12:04 pm, the Sensex was up 0.61%. The Nifty 50 was also up 0.53% at the same time.

Broader markets were also in the green. At 12:05 pm:

• Nifty Midcap 100 index was up 0.48%

• Nifty Smallcap 100 index was up 1.02%

The Nifty Chemical, Nifty PSU Bank, and Nifty Financial Services indices outperformed, while the Nifty IT and Nifty Metal indices remained under pressure.

Top Stocks On The Nifty 50

Stocks of the following companies were the top five performers on the Nifty 50 index at 12:08 pm:

• UltraTech Cement Ltd.

• Eternal Ltd.

• Shriram Finance Ltd.

• Bajaj Finance Ltd.

• HDFC Life Insurance Company Ltd.

Stock-Specific Action

• Tata Elxsi shares tumbled 6% in early trade despite the company reporting a net profit of ₹170.6 crore for Q1 FY27.

• L&T Technology Services shares climbed 2.5% in early trade after the company reported a consolidated profit of ₹356.6 crore for Q1 FY27.

• TCS, Infosys, Wipro, HCL Tech, Tech Mahindra, Persistent Systems and Coforge shares declined as much as 2.5% in intraday deals after IBM recorded its steepest ever single-day fall.

• IDBI Bank shares jumped approximately 3% in early trade after Fairfax Holdings was finalised as the buyer for the government's stake in the bank.

• Nuvoco Vistas shares soared 10% in early trade after the company reported a 20% increase in net profit in Q1 FY27.

Markets remained resilient in afternoon trade, with gains in the benchmark indices complemented by strength in the broader market. This even as earnings-driven volatility persisted across individual stocks.

Investors are likely to continue monitoring the ongoing first-quarter earnings season and global market developments for further direction in the remainder of the session.

Also Read - Millworks Technologies IPO Opens On 14 July After ₹43.86 Crore Anchor Book