Nifty Midcap 150 Index Today Performance -28 July 2025

Published: July 28, 2025 | By Agam Kaushik(Co-Editor) | Linkedin 

The Nifty Midcap 150 index closed lower on July 28, 2025, mirroring the broader market weakness and investor caution amid a mix of domestic and global headwinds. The benchmark midcap index recorded a 0.87% drop, reflecting a combination of weak earnings, continued foreign selling, and uncertainties around global trade developments.

Nifty Midcap 150: Performance Snapshot for July 28, 2025

• Opening Level: 21,468.05

• Day’s High: 21,648.35

• Day’s Low: 21,276.60

• Closing Level: 21,314.85

• Net Change: -0.87% (As per Moneycontrol)

The index witnessed a volatile session, struggling to sustain gains and eventually closing near the day’s low.

What Caused the Nifty Midcap 150 to Fall ?

1. Weak Market Sentiment

Investor sentiment remained risk-averse, influenced by:

• Disappointing Q1 earnings reports from key companies

• Delays in the India-US trade agreement

• Ongoing Foreign Institutional Investor (FII) outflows

According to 5paisa, broader indices like the Nifty 50 and Sensex also ended sharply lower, indicating a widespread lack of investor confidence.

2. Mixed Global Market Cues

• U.S. Market: Dow Jones declined while Nasdaq posted gains

• Europe: Most European indices rallied

• This global divergence limited downside in Indian equities but failed to lift overall sentiment.

 

3. Persistent FII Selling

Foreign investors remained net sellers, offloading ₹1,980 crore on July 25, as per 5paisa data. This added further pressure on midcap and large-cap stocks alike.

4. Earnings Disappointments

Sub-par quarterly results from major companies, especially in the IT and banking sectors, dragged the market lower. The sentiment was further dampened by the lack of strong earnings surprises.

5. Trade Deal Concerns

Reports of delays in the India-US trade agreement added to the uncertainty, contributing to investor caution and sector-wide corrections.

Also Read-https://bytethenews.in/tcs-layoff-news-2025-to-remove-12000-employees-amid-ai-shift-in-todays-era/

 

Sectoral & Stock-Specific Impact

Top Gainers

Surprisingly, stocks like Ola Electric and One 97 Communications (Paytm) posted gains despite mixed or negative earnings. According to Nifty Trader, long-term growth expectations and speculative interest may have supported these counters.

Notable Declines

• IT Sector: Stocks such as Tata Consultancy Services (TCS) saw declines due to negative sentiment around job cuts and hiring slowdown, as reported by Moneycontrol.

• Banking: Kotak Mahindra Bank also dropped significantly following news of profit decline, hurting investor confidence in the private banking space.

 

Technical Analysis & Market Outlook

Weakening Momentum

• The Relative Strength Index (RSI) hit a 3-month low, signaling weakening momentum in the near term.

• 5paisa noted this as a potential indication of a short-term bearish phase.

Key Support Levels

• Immediate support for the Nifty 50 is identified in the 24,500–24,400 zone.

• This aligns with:

  • Previous month’s low

  • 20-week Exponential Moving Average (EMA)

  • Key Fibonacci retracement level

   

If this support zone is breached, further downside could be expected in both large-cap and midcap segments.

Also Read-https://bytethenews.in/today-gold-rate-in-tirunelveli-8-gram-22-carat-live-updates/

 

Global Influences to Watch

• Global Sentiment: Positive momentum in global markets, especially from U.S.-EU trade developments, helped contain steeper declines in Indian equities.

• Upcoming Events:

  • Monetary policy decisions from the U.S. Federal Reserve and Bank of Japan

  • Ongoing Q1 earnings season

  • Updates on India’s trade negotiations

   

All these will likely shape the market trajectory in the weeks to come.

Why Did Nifty Midcap 150 Decline on July 28, 2025 ?

The fall in the Nifty Midcap 150 index was driven by:

• Weak investor sentiment and cautious approach

• Poor earnings from key companies

• Persistent FII outflows

• Trade uncertainties between India and the U.S.

• Pressure in key sectors like IT and banking

While some midcap stocks bucked the trend, broader weakness prevailed across the board. The technical outlook indicates a need for caution, especially if key support levels break.

 

Q1. How is the Nifty Midcap 150 index different from the Nifty 50 ?

The Nifty Midcap 150 index tracks the performance of the next 150 companies after the Nifty 100, focusing on mid-sized firms with high growth potential. In contrast, the Nifty 50 includes large-cap, blue-chip companies with more established market presence.

Q2. Is it safe to invest in the Nifty Midcap 150 during volatile markets ?

A: Midcap stocks tend to be more volatile than large-caps but can offer higher returns over the long term. Investing during market dips can be beneficial if you have a long-term horizon and proper risk management.

Q3. What sectors have the highest weightage in the Nifty Midcap 150 ?

A: The index has significant exposure to sectors like financial services, capital goods, consumer discretionary, healthcare, and industrials, which can drive returns during economic recovery phases.

Q4. How often is the Nifty Midcap 150 index rebalanced ?

A: The index is typically rebalanced semi-annually (twice a year) by NSE Indices to reflect changes in market capitalization and liquidity, ensuring it accurately represents the midcap segment.

Q5. Can I invest in the Nifty Midcap 150 index through mutual funds or ETFs ?

A: Yes, several mutual funds and exchange-traded funds (ETFs) track the Nifty Midcap 150 index, allowing investors to gain diversified exposure to midcap companies without directly picking individual stocks.