Nifty India Internet Soars 2.45% as New-Age Stocks Rally

Mumbai, July 7: The Nifty India Internet index jumped 2.45%, or 31.75 points, to 1,329.10 on Tuesday from Monday’s close of 1,297.35, with new-age consumer tech and internet counters rallying across the board. Tuesday’s move adds to the index’s strong gain of 11.43% over the past 30 days, driven by buoyant hiring sentiment, strong business updates from food delivery and quick commerce platforms, and fresh investor flows into recently-listed internet stocks.

The Nifty Internet index gained over 4% on Monday. Shares of Info Edge climbed almost 13% to the top of the Nifty panel after the recruitment firm’s July-Jun data showed improvement in hiring activity. Swiggy and Eternal added to previous session’s gains tracking healthy order growth. Fintech stocks PB Fintech and Paytm gained too as digital transactions and insurance premium shows continued growth.

Analysts maintain a positive bias on the sector going ahead, given softening interest rates and signs of resilient urban consumption that could lead to healthy gains during the festive season. However, several internet counters are still trading at a significant discount to their 52-week highs and valuations of some of the recently-listed consumer tech stocks remain expensive relative to their near-term earnings, so stock-specific volatility may continue even if the broader index trend holds up. Investors may track profitability trends at loss-making platforms and regulatory clarity around digital lending, quick commerce businesses ahead of buying more dips.

Stock-wise Movement (LTP vs Previous Close)

● Naukri (NAUKRI): ₹1,157.95, up ₹132.80 or 12.95% from ₹1,025.15

● PW (PWL): ₹146.10, up ₹11.00 or 8.14% from ₹135.10

● Swiggy (SWIGGY): ₹266.19, up ₹17.82 or 7.17% from ₹248.37

● STYL (STYL): ₹349.00, up ₹17.70 or 5.34% from ₹331.30

● Urban Company (URBANCO): ₹138.80, up ₹4.98 or 3.72% from ₹133.82

● Eternal (ETERNAL): ₹289.30, up ₹5.90 or 2.08% from ₹283.40

● Paytm (PAYTM): ₹1,241.90, up ₹23.70 or 1.95% from ₹1,218.20

● Indiamart (INDIAMART): ₹1,922.00, up ₹32.70 or 1.73% from ₹1,889.30

● PB Fintech (POLICYBZR): ₹1,603.60, up ₹22.90 or 1.45% from ₹1,580.70

● Justdial (JUSTDIAL): ₹554.00, up ₹6.60 or 1.21% from ₹547.40

● Nazara Technologies (NAZARA): ₹301.90, up ₹3.25 or 1.09% from ₹298.65

● Nykaa (NYKAA): ₹314.20, up ₹0.70 or 0.22% from ₹313.50

● Crizac (CRIZAC): ₹199.80, up ₹0.57 or 0.29% from ₹199.23

● Meesho (MEESHO): ₹190.19, up ₹0.25 or 0.13% from ₹189.94

● IIFL Capital Services (IIFLCAPS): ₹339.00, up ₹0.05 or 0.01% from ₹338.95

Source: NSE | Data as of Tuesday, July 7, 2026.