High
TCSTata Consultancy Services
Additional provision of $70 million due to U.S. Supreme Court legal dispute, coupled with broader IT sector weakness.
Below 50-day moving averageCompany-specific negative legal provisionIT sector underperformance
Daily Brief
Daily Brief - Thu, 18 Jun, 2026, 12:47 IST
Market Outlook
Indian indices NIFTY 50 and SENSEX closed higher, supported by strong performances in Metal, IT, and Energy sectors. The broader market displayed positive breadth with more advancing stocks than declining ones, indicating generally optimistic sentiment. Traders should eye continued momentum in the leading sectors while monitoring for potential profit-booking in underperforming segments like Auto and Pharma. The VIX remains relatively stable at 13.1875.
Key Takeaways
- NIFTY 50 and SENSEX registered moderate gains, closing at 24085.7 and 77155.62 respectively.
- Metal (+1.01%), IT (+0.85%), and Energy (+0.81%) sectors led the market advances.
- Nifty Auto (-0.62%), Nifty Pharma (-0.05%), and Nifty FMCG (-0.17%) experienced declines.
- Market breadth was positive with 35 advancing stocks against 22 declining stocks.
- Hindalco (+2.6%) and Vedanta (+2.2%) were among the top gainers, while Cipla (-1.6%) and Dabur (-1.5%) were top losers.
Market Cues
NIFTY 50
24,085.7
+0.40%SENSEX
77,155.62
+0.45%NASDAQ
26,021.656
-1.34%GOLD
4,284.8
-2.20%INDIA VIX
13.188
-1.31%Market Sectors
NIFTY BANK
57,585.05
+0.50%NIFTY IT
28,809.55
+0.85%NIFTY PHARMA
24,146.55
-0.05%NIFTY AUTO
26,724.4
-0.62%NIFTY METAL
13,011.4
+1.01%NIFTY ENERGY
40,238.45
+0.81%NIFTY REALTY
814.6
-0.43%NIFTY FIN SERVICE
28,673
-0.01%NIFTY FMCG
49,556.05
-0.17%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HINDALCO | Hindalco Industries | 1,007.90 | +2.60% |
| VEDL | Vedanta | 306.50 | +2.18% |
| BPCL | Bharat Petroleum | 317.95 | +1.87% |
| JSWENERGY | JSW Energy | 572.00 | +1.77% |
| TATASTEEL | Tata Steel | 199.01 | +1.54% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| CIPLA | Cipla | 1,350.80 | -1.63% |
| DABUR | Dabur India | 429.00 | -1.48% |
| SRF | SRF | 2,705.50 | -1.40% |
| ONGC | Oil & Natural Gas Corp | 245.00 | -1.29% |
| BAJAJFINSV | Bajaj Finserv | 1,764.60 | -1.27% |
52-Week High & Low
Near 52-Week High
PIDILITINDPidilite Industries
1,578.20−0.55%
GRASIMGrasim Industries
3,150.40−1.55%
ADANIPORTSAdani Ports & SEZ
1,828.60−1.57%
Near 52-Week Low
No stocks within 2% of their 52-week low.
Mid-Session
Mid-Session - Thu, 18 Jun, 2026, 17:35 IST
Session Summary
Both TCS.NS and INFY.NS are displaying genuine sell signals driven by company-specific legal provisions for TCS and broader IT sector weakness alongside peer guidance cuts for Infosys.
Alerts(2)
High
INFYInfosys
Sector-wide downturn following Accenture's lowered guidance, re-assessing near-term demand visibility, and concerns about AI's impact.
Below 50-day moving averageSector-wide downturn (Nifty IT)Peer guidance cut (Accenture)Concerns about AI impact
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
RELIANCE Reliance Industries | ₹1,328.1 | -0.35% | -0.3% vs prev close, vol 0.9x avg |
TCS Tata Consultancy Services | ₹2,203.3 | -0.89% | -0.9% vs prev close, vol 0.7x avg — flags: below 50DMA support |
INFY Infosys | ₹1,127.5 | -2.61% | -2.6% vs prev close, vol 1.2x avg — flags: below 50DMA support |
HDFCBANK HDFC Bank | ₹799 | +1.51% | +1.5% vs prev close, vol 1.1x avg |
ICICIBANK ICICI Bank | ₹1,342.3 | +0.41% | +0.4% vs prev close, vol 0.8x avg |