Daily Report - Wed, 17 Jun, 2026, 13:06 IST
Indian equities saw a positive close, with NIFTY 50 and SENSEX finishing higher supported by strong market breadth. The rally was primarily driven by robust performances in the Realty, IT, and FMCG sectors. However, investors should note the significant underperformance of the Metal sector, alongside declines in Pharma and Auto indices.
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| BANDHANBNK | MarketSmith India | buy | — | Strong retail-focused banking model, potential for deposit growth, expanding retail loan portfolio, and attractive valuation. |
| NCLIND | Choice Broking (Sumeet Bagadia) | buy | 330 | Positive price structure, testing the 200-day EMA resistance, with immediate support at ₹277. |
| SAVITA | Choice Broking (Sumeet Bagadia) | buy | — | Recommended by analyst Sumeet Bagadia based on technical analysis. |
| APTECHT | Choice Broking (Sumeet Bagadia) | buy | — | Recommended by analyst Sumeet Bagadia based on technical analysis. |
| ADFFOODS | Choice Broking (Sumeet Bagadia) | buy | — | Recommended by analyst Sumeet Bagadia based on technical analysis. |
| PRECWIRE | Choice Broking (Sumeet Bagadia) | buy | — | Recommended by analyst Sumeet Bagadia based on technical analysis. |
| BANDHANBNK | Motilal Oswal Financial Services Ltd (Ruchit Jain) | buy | 226 | Identified a buying opportunity. |
| PETRONET | Univest (Ankit Jaiswal and Kunal Singal) | buy | — | Strong individual catalysts and suggested for a staggered buying approach. |
| TCS | Univest (Ankit Jaiswal and Kunal Singal) | buy | — | Strong individual catalysts and suggested for a staggered buying approach. |
| RELIANCE | Univest (Ankit Jaiswal and Kunal Singal) | buy | — | Strong individual catalysts and suggested for a staggered buying approach. |
NIFTY 50
23,989.15
+0.57%SENSEX
76,808.48
+0.71%NASDAQ
26,376.344
-1.15%GOLD
4,349.1
-0.12%INDIA VIX
13.363
-6.90%NIFTY BANK
57,297.15
+0.17%NIFTY IT
28,568.1
+1.78%NIFTY PHARMA
24,157.85
-0.26%NIFTY AUTO
26,891.55
-0.32%NIFTY METAL
12,881.5
-1.55%NIFTY ENERGY
39,915.4
+1.07%NIFTY REALTY
818.1
+2.26%NIFTY FIN SERVICE
28,677.05
+0.68%NIFTY FMCG
49,642.4
+1.22%| Ticker | Name | LTP | Change |
|---|---|---|---|
| HCLTECH | HCL Technologies | 1,159.00 | +3.55% |
| TATACONSUM | Tata Consumer Products | 1,130.90 | +2.77% |
| DLF | DLF | 629.30 | +2.42% |
| NTPC | NTPC | 355.55 | +2.14% |
| BAJAJFINSV | Bajaj Finserv | 1,787.30 | +2.12% |
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HINDALCO | Hindalco Industries | 982.40 | -3.11% |
| JSWSTEEL | JSW Steel | 1,274.30 | -1.71% |
| HDFCLIFE | HDFC Life Insurance | 574.40 | -1.17% |
| APOLLOHOSP | Apollo Hospitals | 8,390.50 | -0.92% |
| VEDL | Vedanta | 299.95 | -0.84% |
No stocks within 2% of their 52-week low.
Infosys (INFY.NS) presents a genuine sell signal due to technical weakness aligning with recent cautious outlooks, while the alert for TCS (TCS.NS) is likely noise given positive company-specific news.
1.2% down vs. prev close, very low volume (0.4x avg), and breaking below its 50-day moving average support, indicating a lack of buying interest and potential weakness specific to Infosys, despite broader IT sector gains. This aligns with recent underlying negative sentiment from corporate updates and analyst views.
| Ticker | Price | Change | Note |
|---|---|---|---|
RELIANCE Reliance Industries | ₹1,332.7 | +0.29% | +0.3% vs prev close, vol 0.6x avg |
TCS Tata Consultancy Services | ₹2,223 | +1.09% | +1.1% vs prev close, vol 0.5x avg — flags: below 50DMA support |
INFY Infosys | ₹1,157.7 | +1.23% | +1.2% vs prev close, vol 0.4x avg — flags: below 50DMA support |
HDFCBANK HDFC Bank | ₹787.1 | +0.28% | +0.3% vs prev close, vol 0.9x avg |
ICICIBANK ICICI Bank | ₹1,336.8 | +0.19% | +0.2% vs prev close, vol 0.5x avg |