Nifty Mid Select Today: Index Holds 0.01% Gain in Early Trade

Nifty Mid Select today held a marginal 0.01% gain in the early session on 7 September 2026. The index was at 14,715.10 at 10:00:00 AM IST, while stock-level movement remained mixed across the basket.

Quick sector takeaways

• Nifty Mid Select rose 1.45 points, or 0.01%, to 14,715.10 from its previous close of 14,713.65.
• The index moved between 14,686.50 and 14,762.45 after opening at 14,724.05, showing a contained but two-way early-session range.
• Market breadth was slightly negative, with 11 stocks advancing and 14 declining. Vodafone Idea, BSE and Indus Towers were among the notable gainers, while Mphasis, Godrej Properties and Oracle Financial Services Software fell.
• Investors can watch whether the index holds near 14,715 and whether advancing stocks begin to outnumber declining stocks as the session progresses.

Nifty Mid Select today: A marginal early-session gain

Nifty Mid Select today was up by 1.45 points from the previous close, a small 0.01% advance. The reading places the index among the gainers in the early session, though the move was modest in absolute and percentage terms.

The index opened at 14,724.05, above the previous close, then traded as high as 14,762.45 and as low as 14,686.50. At 14,715.10, it was below its opening level but remained just above the prior close. This pattern reflects intraday movement on both sides of the flat line rather than a one-directional start.

The opening-bell update is based on prices recorded at 10:00:00 AM IST. Early-session index readings can change as trading develops, making the intraday range and participation across stocks important reference points.

Price snapshot

The difference between the day’s high and low was 75.95 points. The index stood 47.35 points below its high and 28.60 points above its low at the stated time, placing it in the lower part of its early-session range.

Sector ranking

Nifty Mid Select was the second top gaining sector index in this session because only Nifty Pharma posted a larger gain among the tracked NSE sector indices. The complete ranking, from the strongest gain to the steepest fall, was: Nifty Pharma up 0.28%, Nifty Mid Select up 0.01%, Nifty Auto down 0.05%, Nifty Financial Services down 0.33%, Nifty Bank down 0.40%, Nifty FMCG down 0.46%, Nifty Metal down 0.63%, and Nifty IT down 1.70%.

This ranking puts the small positive move in Nifty Mid Select in perspective. It was not a broad risk-on surge, but it compared favourably with most of the listed sector indices, which were in the red at the same point in the session. Nifty Pharma led the gainers, while Nifty IT recorded the deepest percentage decline.

Constituent breadth

Breadth within Nifty Mid Select was mixed. Eleven of its 25 stocks advanced, while 14 declined and none were unchanged. The advance-decline ratio stood at 0.79, meaning declining stocks outnumbered advancing stocks despite the index’s marginal positive reading.

This divergence is useful context for the headline gain. A positive index result alongside more declines than advances indicates that individual price moves were uneven across the basket. The index’s early-session strength was therefore narrow rather than matched by a majority of its stocks.

Heavyweights versus broader participation

Among the larger names in the index, Dixon Technologies (India) Ltd. rose 0.74% to ₹14,345, and Indus Towers Ltd. gained 0.80% to ₹379.80. In contrast, Polycab India declined 0.66% to ₹8,245, Max Healthcare Institute slipped 0.28% to ₹982, and HDFC Asset Management Company edged down 0.15% to ₹2,454.50.

The contrast among these prominent stocks mirrors the broader breadth picture. Gains in Dixon Technologies and Indus Towers were accompanied by declines in several other large names, leaving the index only marginally above its previous close.

Key Nifty Mid Select stocks

Biggest positive movers

Vodafone Idea led the gainers, rising 3.06% to ₹15.48 after trading between ₹15.06 and ₹15.65. BSE gained 0.92% to ₹3,441, while Indus Towers rose 0.80% to ₹379.80. Dixon Technologies added 0.74% to ₹14,345 and traded near its day high of ₹14,379. Lupin advanced 0.45% to ₹2,119.60.

These gains were spread across several stocks, but their positive effect was balanced by declines elsewhere in the index. Vodafone Idea’s move was notably larger than the other leading gainers in percentage terms.

Biggest negative movers

Mphasis fell 2.19% to ₹2,369 and traded near its day low of ₹2,361.10. Godrej Properties declined 1.56% to ₹1,951, Oracle Financial Services Software lost 1.54% to ₹11,872, and Coforge dropped 1.42% to ₹1,944.80. Persistent Systems was down 1.12% at ₹5,580.

The weakness in these stocks was meaningful because the five names all declined by more than 1%, contrasting with the index’s near-flat positive result. Their movement helps explain why declining stocks held the numerical edge in breadth.

Stocks to watch next session

• Vodafone Idea: Watch whether it remains near its ₹15.65 intraday high after the 3.06% gain.
• Mphasis: Watch its movement around the ₹2,361.10 day low following the 2.19% decline.
• Dixon Technologies: Watch whether it stays close to its ₹14,379 intraday high.
• Indus Towers: Watch if the early 0.80% gain extends from ₹379.80.
• Godrej Properties: Watch its trading after it touched ₹1,950 and stood at ₹1,951.
• Polycab India: Watch its price action after the 0.66% decline to ₹8,245.

The constructive case

The constructive evidence is straightforward: Nifty Mid Select was positive on the day and ranked second among the listed sector indices. It also opened above its previous close and reached 14,762.45 during early trade. Vodafone Idea’s 3.06% advance, together with gains in BSE, Indus Towers and Dixon Technologies, provided visible pockets of strength.

For a continuation of the positive reading, the key observable factor is whether the index can stay above its previous close of 14,713.65 while more stocks move into positive territory.

The cautious case

The cautious case rests on the narrowness of the gain. The index was only 0.01% higher, was trading below its opening level, and had 14 declining stocks against 11 advancing stocks. The early high of 14,762.45 was also materially above the prevailing level of 14,715.10.

Several sizeable declines were visible in Mphasis, Godrej Properties, Oracle Financial Services Software, Coforge and Persistent Systems. Continued pressure in these names, or further deterioration in breadth, would keep the index’s early positive move under close watch.

Univest Insights

The early-session picture for Nifty Mid Select is one of resilience rather than broad momentum. A 0.01% gain was enough to place it second among the listed sector indices, particularly as six of the eight indices were lower. Yet the small point gain calls for attention to the underlying composition of the move.

Breadth was the principal counterweight to the positive index print. With 14 declining stocks and 11 advancing stocks, stock-level participation was tilted modestly negative. This makes the subsequent behaviour of leading gainers and laggards more relevant than the headline percentage alone.

The index’s 75.95-point early range also shows that it has already moved meaningfully around the previous close. Its current level was above the day low but below the opening and far from the intraday high, underlining the importance of monitoring whether fresh buying emerges later in the session.

For nifty mid select today, the next session’s key reading will be whether the index holds above 14,713.65 and whether breadth improves from 11 advancers versus 14 decliners. Follow the Univest Market View for ongoing market updates.

Published on 7 September 2026 at 10:02 AM IST

Frequently asked questions

What is Nifty Mid Select today?

Nifty Mid Select was at 14,715.10 at 10:00:00 AM IST on 7 September 2026, up 1.45 points or 0.01% from the previous close.

What was the Nifty Mid Select previous close?

The previous close was 14,713.65.

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

The index’s day high was 14,762.45 and its day low was 14,686.50 in the early session.

Why was Nifty Mid Select the second top gaining sector index?

It gained 0.01%, placing it behind Nifty Pharma, which rose 0.28%, and ahead of the other listed indices that were lower.

Which stocks were the top gainers in Nifty Mid Select?

Vodafone Idea gained 3.06%, followed by BSE at 0.92%, Indus Towers at 0.80%, Dixon Technologies at 0.74% and Lupin at 0.45%.

What was the breadth of Nifty Mid Select?

Eleven stocks advanced and 14 declined, with no stocks unchanged.