Nifty Mid Select Today: Index Falls 1.43% in Closing Bell

Quick sector takeaways

• Nifty Mid Select ended 215.25 points lower, down 1.43%, at 14,813.35 on 1 September 2026.
• The index closed below its previous close of 15,028.60 after moving between 14,757.45 and 14,985.70 during the session.
• Market breadth was negative: 18 of 25 tracked stocks declined, six advanced and one remained unchanged.
• Polycab India, Max Healthcare, BHEL and Indus Towers were among the prominent decliners, while Persistent Systems and Mphasis posted notable gains. The next session’s follow-through in these stocks and overall breadth will be important.

Nifty Mid Select today: end-of-session wrap

The nifty mid select today closing update reflects a weak end to the session, with the index settling at 14,813.35, down 1.43% or 215.25 points from the previous close of 15,028.60. The index opened at 14,985.10 and stayed below the prior close through the session, indicating that the day’s trading range remained on the lower side of the preceding close.

At 4:15 PM IST, the closing level stood 171.75 points below the opening mark. The session low of 14,757.45 was 55.90 points below the final level, while the day high of 14,985.70 was 172.35 points above it. This places the closing value nearer the day’s low than the day’s high, an observation consistent with the negative finish.

The move was accompanied by broad-based weakness across the tracked basket rather than a uniformly negative screen. Six stocks finished higher, showing that selected names retained positive momentum even as the index ended lower. Readers can track the broader market dashboard through Univest Market View.

Price snapshot

The 228.25-point difference between the day high and day low shows the extent of the index’s intraday range. Its closing level remained below both the opening level and the day high. The previous close of 15,028.60 remains the direct comparison point for assessing the 1.43% daily decline.

Sector ranking

Nifty Mid Select was the second top losing sector index among the configured indices tracked in this closing-bell comparison. Its 1.43% decline was exceeded only by Nifty Pharma, which fell 1.45%. It declined more than Nifty Auto, down 1.22%, Nifty Financial Services, down 1.10%, and Nifty Bank, down 1.06%.

The ranking is based on the percentage change for the session. It places Nifty Mid Select near the weaker end of the configured sector-index set on 1 September 2026, while Nifty IT and Nifty FMCG ended higher and Nifty Metal was nearly flat.

Constituent breadth

Breadth within Nifty Mid Select favoured declines. Of the 25 display-safe stocks, 18 were lower, six were higher and one was unchanged, producing an advance-decline ratio of 0.33. Put simply, there was roughly one advancing stock for every three declining stocks.

This composition adds context to the index fall: the negative outcome was spread across a sizeable majority of tracked names. At the same time, the presence of six gainers shows that the session was not without stock-specific strength. Cummins India ended unchanged at Rs. 5,105.00.

Heavyweights versus broader participation

The supplied heavyweight list was largely negative. Max Healthcare Institute fell 3.75% to Rs. 1,003.00, HDFC Asset Management Company declined 2.94% to Rs. 2,544.90, Polycab India lost 5.82% to Rs. 8,895.50, Dixon Technologies slipped 2.62% to Rs. 14,461.00, and Indus Towers fell 3.55% to Rs. 375.00.

The same names featured in the supplied active-stock set, alongside their presence in the heavyweight group. Their shared negative performance aligned with the broader count of decliners. This is a description of the day’s price action, not an attribution of cause for the index movement.

Key Nifty Mid Select stocks

Biggest positive movers

Persistent Systems led the gainers with a 3.67% rise to Rs. 5,800.00 after trading between Rs. 5,603.00 and Rs. 5,852.50. Mphasis gained 3.22% to Rs. 2,505.50 and traded as high as Rs. 2,523.00. Marico added 2.21% to Rs. 838.10, while SRF rose 1.23% to Rs. 2,592.00. Voltas advanced 0.89% to Rs. 1,205.00.

These positive movers provided a counterpoint to the index-level decline. Persistent Systems and Mphasis were the only stocks in the supplied gainer list to rise by more than 3%.

Biggest negative movers

Polycab India was the largest faller, declining Rs. 549.50 to Rs. 8,895.50. Max Healthcare followed with a 3.75% drop, while BHEL lost 3.64% to Rs. 426.55 and Indus Towers declined 3.55% to Rs. 375.00. Yes Bank fell 3.20% to Rs. 22.10.

Polycab India traded between Rs. 8,871.00 and Rs. 9,209.00, ending close to its session low. Max Healthcare ended at Rs. 1,003.00 against a day low of Rs. 1,000.20. These are intraday positioning observations rather than explanations for their respective moves.

Stocks to watch next session

• Polycab India: watch whether its price action extends beyond the Rs. 8,871.00 to Rs. 9,209.00 range recorded today.
• Persistent Systems: it closed at Rs. 5,800.00 after reaching a day high of Rs. 5,852.50.
• Mphasis: its 3.22% gain contrasted with the index decline, with a day range of Rs. 2,407.10 to Rs. 2,523.00.
• Max Healthcare Institute: its close of Rs. 1,003.00 was near the session low of Rs. 1,000.20.
• Dixon Technologies: it ended at Rs. 14,461.00, close to its day low of Rs. 14,450.00.
• Indus Towers: it closed at Rs. 375.00 after trading between Rs. 373.00 and Rs. 386.20.

The constructive case

The constructive evidence within the session came from the six advancing stocks. Persistent Systems and Mphasis rose more than 3%, while Marico, SRF, Voltas and Coforge also ended in positive territory. This shows that gains were available in selected index names despite the overall decline.

The index also finished above its day low of 14,757.45. Although it closed lower for the day, the 55.90-point distance from the low marks a recovery from the weakest level reached during the session. Any assessment of the next session should consider whether positive participation broadens beyond the six advancing stocks.

The cautious case

The cautious reading rests on the 1.43% index decline, the close below the opening level and the negative breadth of 18 decliners against six advancers. The index’s finish nearer the day low than the day high also captures the pressure visible by the close.

Several names appearing in the supplied heavyweight and active-stock groups ended lower, including Max Healthcare, HDFC Asset Management Company, Polycab India, Dixon Technologies and Indus Towers. Continued weakness in this group, alongside a persistently unfavourable advance-decline balance, would keep attention on the negative side of the session’s setup.

Univest Insights

Nifty Mid Select’s 1 September close was defined by a clear negative daily change and a broad imbalance in favour of decliners. The index lost 215.25 points from the previous close to finish at 14,813.35, making it the second top losing sector index in the configured comparison.

The session nevertheless contained meaningful divergence. Persistent Systems and Mphasis delivered gains above 3%, while Polycab India led the declines with a 5.82% fall. Such dispersion makes stock-level tracking relevant alongside the index’s headline move.

The intraday range, from 14,757.45 to 14,985.70, provides the immediate price context from this session. The closing level was above the day low but below the open and high, while the 18-6-1 breadth split remained firmly negative.

For traders and investors, the key signal to watch is…

Published on 1 September 2026 at 4:20 PM IST

Frequently asked questions

What was Nifty Mid Select today?

Nifty Mid Select closed at 14,813.35 on 1 September 2026, down 215.25 points or 1.43% from 15,028.60.

What were the day high and day low for Nifty Mid Select?

The index recorded a day high of 14,985.70 and a day low of 14,757.45.

Why was Nifty Mid Select among the top losers?

Its 1.43% fall made it the second top losing sector index among the configured indices for the session, behind Nifty Pharma’s 1.45% decline.

How was Nifty Mid Select breadth today?

Among 25 tracked stocks, 18 declined, six advanced and one remained unchanged. The advance-decline ratio was 0.33.

Which stocks gained the most in Nifty Mid Select?

Persistent Systems rose 3.67% and Mphasis gained 3.22%, followed by Marico, SRF and Voltas.

Which stocks declined the most in Nifty Mid Select?

Polycab India fell 5.82%, followed by Max Healthcare at 3.75%, BHEL at 3.64%, Indus Towers at 3.55% and Yes Bank at 3.20%.