Stock market today, 08 Jul 2026: Nifty tumbled 2.12%
End-of-day market summary · Wednesday, 08 July 2026
Indian equities closed lower on Wednesday, 08 July 2026. The Nifty 50 tumbled 2.12% to 23,882.05. Among other indices: Nifty Bank -2.51%, Nifty IT -1.37%, Nifty Midcap 50 -1.45%. India VIX, the market's fear gauge, rose 26.0% to 14.68.
Market breadth was negative: 58 Nifty 500 stocks advanced and 439 declined. 52% of stocks closed above their 200-day moving average, down from 57% a week earlier. 7 stocks hit a new 52-week high and 4 touched a 52-week low.
Metals & Mining was the strongest sector, with a median move of -0.92%, led by National Aluminium Co. (+2.1%). Textiles lagged at -3.27%, dragged by Welspun Living (-4.4%).
The top gainer in the Nifty 500 was Thangamayil Jewellery, up 6.79% at ₹6,806.00; Cupid was the biggest loser, down 10.91% at ₹196.98. Physicswallah saw the heaviest unusual trading, at 7.2× its 20-day average volume.
Sector performance (median 1-day move)
Top gainers
| Company | Close | Change | Market cap |
|---|---|---|---|
| Thangamayil JewelleryTHANGAMAYL | ₹6,806.00 | +6.79% | ₹15,845 Cr |
| Aether IndustriesAETHER | ₹1,413.40 | +6.27% | ₹20,419 Cr |
| Kalyan Jewellers IndiaKALYANKJIL | ₹374.15 | +5.47% | ₹57,627 Cr |
| Ather EnergyATHERENERG | ₹1,200.00 | +5.21% | ₹56,316 Cr |
| INOX IndiaINOXINDIA | ₹1,875.90 | +3.85% | ₹18,041 Cr |
Top losers
| Company | Close | Change | Market cap |
|---|---|---|---|
| CupidCUPID | ₹196.98 | -10.91% | ₹47,561 Cr |
| Aegis LogisticsAEGISLOG | ₹1,245.40 | -9.99% | ₹47,971 Cr |
| Aegis Vopak TerminalsAEGISVOPAK | ₹276.61 | -6.02% | ₹30,581 Cr |
| L&T FinanceLTF | ₹314.30 | -5.95% | ₹63,624 Cr |
| Jubilant FoodworksJUBLFOOD | ₹429.20 | -5.66% | ₹27,578 Cr |
New 52-week highs (7)
New 52-week lows (4)
Generated automatically from end-of-day NSE prices for Nifty 500 stocks. Educational information only, not investment advice.