Sensex, Nifty Rebound; Midcap & Smallcap Surge in Afternoon | July 29, 2025
Sensex and Nifty rebounded in afternoon trade on July 29, 2025, with strong gains in midcap and smallcap indices. Volatility dips as market sentiment improves.
Sensex, Nifty Rebound; Midcap and Smallcap Surge in Afternoon | July 29, 2025, 2:45 PM IST
Indian equities staged a solid rebound in afternoon trade on Tuesday, July 29, 2025, led by a sharp revival in midcap and smallcap stocks. Benchmarks built on morning gains as volatility cooled, with investor focus shifting toward broader market resilience.
Market Snapshot – 2:39 PM IST
| Index | LTP | Change | % Chg |
|---|---|---|---|
| SENSEX | 81,219.28 | +328.26 | +0.41% |
| NIFTY 50 | 24,787.25 | +106.35 | +0.43% |
| NIFTY BANK | 56,150.50 | +65.60 | +0.12% |
| NIFTY IT | 35,387.60 | +17.55 | +0.05% |
| India VIX | 11.78 | -0.28 | -2.32% |
| NIFTY Midcap 100 | 57,980.70 | +461.35 | +0.80% |
| NIFTY Smallcap 100 | 18,216.85 | +152.10 | +0.84% |
Market News & Key Afternoon Trends
- Strong broad-based rebound: Sensex and Nifty extended earlier gains, while midcap and smallcap indices led with robust rallies of 0.8% and 0.84%, signaling renewed risk appetite.
- Midcap & smallcap momentum: Selective buying in quality mid and smallcaps is driving the market, aided by improved sentiment after recent heavy selling.
- Volatility cools: India VIX fell over 2%, showing eased market nerves and increased confidence among traders for near-term stability.
- Banks & IT steady: Nifty Bank up 0.12% and Nifty IT marginally higher, as sector rotation favors growth and value stocks amid consolidation in blue chips.
- Focus shifts to broader market: The bounce in non-benchmark indices indicates active stock picking and shifting investor interest to high-growth themes.
What to Watch for Into the Close
- Sustaining gains: Nifty faces resistance at 24,850–24,900; strong midcap/smallcap momentum could help the market sustain or build further upside.
- Stock action: Watch sectors like autos, capital goods, and midcap financials for sustained leadership. Persistent gains in smallcaps may see profit-taking if benchmarks falter.
- Volatility monitor: Continued dip in VIX may encourage more aggressive buying, but traders should watch for sudden reversals on global or earnings news.
- Macro triggers: Results from index heavyweights and global market cues remain key to market trajectory ahead of the US Fed meeting.
Luwak Tech supports active investors with advanced analytics, real-time trade alerts, and predictive tools to navigate sector rotations and capture market momentum across NSE and BSE.