Share Market Weekly
- Share.Market
- 3 min read
- 31 Jul 2026
Highlights
Nifty 50 24,366.80 🔼 2.52%
| Monday | 🔼 0.96% |
| Tuesday | 🔻 0.04% |
| Wednesday | 🔼 1.10% |
| Thursday | 🔼 0.28% |
| Friday | 🔼 0.27% |
What moved the market?
Top Gainers & Top Losers
| Nifty IT | 🔼 6.75% | Nifty Energy | 🔻 0.24% |
| Nifty Media | 🔼 5.97% | ||
| Nifty Auto | 🔼 5.61% |
Markets this week
| Nifty Midcap 150 | 23,122.75 (🔼 1.93%) |
| Nifty Smallcap 250 | 17,901.15 (🔼 1.70%) |
| India VIX | 11.76 ( 🔻 11.58%) |
Stocks in the Spotlight
Top Gainers
| Name of the company | Movement |
| Balkrishna Industries Ltd. | 🔼 23.0% |
| Redington Ltd. | 🔼 22.7% |
| Coforge Ltd. | 🔼 19.5% |
| Firstsource Solutions Ltd. | 🔼 18.0% |
| Kaynes Technology India Ltd. | 🔼 17.4% |
Top Losers
| Name of the company | Movement |
| Acutaas Chemicals Ltd. | 🔻10.2% |
| Jammu & Kashmir Bank Ltd. | 🔻10.0% |
| Cemindia Projects Ltd. | 🔻9.8% |
| Zensar Technologies Ltd. | 🔻9.8% |
| Go Digit General Insurance Ltd. | 🔻9.5% |
Technical Analysis
The Nifty 50 index closed the week at 24,366.80, marking a weekly gain of 2.52%.
- Immediate Resistance: 24,550-24,750
- Immediate Support: 23,750 – 23,500
The Nifty Midcap 150 index closed the week at 23,122.75, marking a weekly gain of 1.93%.
- Immediate Resistance: 23,300 – 23,500
- Significant Support: 22,000 – 21,800
The Nifty Smallcap 250 index closed the week at 17,901.15, with a weekly gain of 1.70%.
For the upcoming sessions:
- Key Resistance Level: 18,300 – 18,500
- Key Support Level: 16,800 – 16,550
This Week’s Spotlight Story
A deep dive into the headline that defined market conversations.
India’s Services Exports Rose to USD 421.3 Billion in FY 2025-26
India’s services exports have reached USD 421.3 billion in FY 2025-26. The primary drivers of this expansion are Telecommunications, computer and information services, which account for a 49.03% share at USD 206.6 billion, and Business services, contributing 29.5% at USD 124.2 billion. To enhance services exports, the Government of India follows a multi-pronged strategy comprising focused market strategies, resolution of domestic sectoral challenges, and comprehensive Free Trade Agreements (FTAs).
Through FTAs, the government has secured market access, time-bound authorisation processes, and Mutual Recognition Agreements (MRAs) for professional qualifications. Supportive frameworks include student provisions with Australia and New Zealand, Traditional Medicine annexes with Oman and the EU, and a Social Security Contributions agreement signed with the UK on February 10, 2026, to avoid double payments. Trade promotion is driven by the Services Export Promotion Council (SEPC), which organised the Medical Value Tourism Summit and the Indian Pavilions at international exhibitions such as the Arabian Travel Market, the Tokyo Games Show, and MIPCOM.
That’s a wrap for this week.
As the markets pause to catch their breath, we’ll be back next week with sharper insights and stories to help you invest intelligently.
