Stock is experiencing a significant and consistent decline, hitting a new 52-week low amidst negative sentiment in the IT sector, concerns over upcoming muted earnings, and recent analyst downgrades.
Daily Brief
Daily Brief - Wed, 1 Jul, 2026, 12:18 IST
Market Outlook
Indian markets ended higher with NIFTY 50 gaining 0.64%, largely supported by robust DII buying which significantly offset FII selling. Sectoral performance was mixed, seeing strong gains in Realty and FMCG while IT and Pharma sectors faced headwinds. The positive market breadth indicates broader participation despite some sectoral weakness.
Key Takeaways
- NIFTY 50 closed positively at 24019.35, with SENSEX also up 0.73%.
- DIIs were strong net buyers (+6842.34cr), counteracting FII selling (-2556.75cr).
- Realty (+2.06%) and FMCG (+1.67%) were top-performing sectors.
- NIFTY IT (-0.81%) and NIFTY PHARMA (-0.55%) experienced declines.
- Market breadth was positive with 36 advancing stocks against 22 declining ones.
- VIX remained stable at 13.405.
FII / DII Activity
FII Net
−2,556.75 cr
DII Net
+6,842.34 cr
As of 2026-06-30
Market Cues
NIFTY 50
24,019.35
+0.64%SENSEX
77,034.32
+0.73%NASDAQ
26,213.719
+1.52%GOLD
4,021.8
-0.41%INDIA VIX
13.405
-1.43%Market Sectors
NIFTY BANK
57,986.35
+0.77%NIFTY IT
26,086.45
-0.81%NIFTY PHARMA
25,186.45
-0.55%NIFTY AUTO
26,640.55
+0.61%NIFTY METAL
12,429.2
-0.72%NIFTY ENERGY
39,777.4
+0.09%NIFTY REALTY
846.6
+2.06%NIFTY FIN SERVICE
29,037.6
+0.68%NIFTY FMCG
49,606.65
+1.67%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| DABUR | Dabur India | 440.35 | +4.30% |
| NESTLEIND | Nestle India | 1,444.20 | +2.78% |
| ASIANPAINT | Asian Paints | 2,708.50 | +2.76% |
| SHREECEM | Shree Cement | 25,920.00 | +2.65% |
| ADANIPORTS | Adani Ports & SEZ | 1,858.00 | +2.64% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| TECHM | Tech Mahindra | 1,360.80 | -3.13% |
| HCLTECH | HCL Technologies | 1,052.90 | -1.76% |
| HINDALCO | Hindalco Industries | 941.05 | -1.63% |
| TATAPOWER | Tata Power | 380.25 | -1.36% |
| DRREDDY | Dr. Reddy's Laboratories | 1,339.00 | -1.33% |
52-Week High & Low
Near 52-Week High
Near 52-Week Low
Mid-Session
Mid-Session - Wed, 1 Jul, 2026, 17:06 IST
Session Summary
Genuine sell signals were identified for TCS.NS and INFY.NS due to significant declines, new 52-week lows, and strong sector headwinds, while RELIANCE.NS was deemed noise despite a technical alert.
Alerts(2)
The stock shows a continued and significant decline, breaking below key psychological (₹1,000 mark) and technical levels, reaching a new 52-week low, driven by broader IT sector headwinds, AI disruption fears, and cautious outlooks.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
RELIANCE Reliance Industries | ₹1,308 | +1.09% | +1.1% vs prev close, vol 0.5x avg — flags: below 50DMA support |
TCS Tata Consultancy Services | ₹1,982.6 | -2.41% | -2.4% vs prev close, vol 1.0x avg — flags: below 50DMA support |
INFY Infosys | ₹985.3 | -1.51% | -1.5% vs prev close, vol 1.0x avg — flags: below 50DMA support |
HDFCBANK HDFC Bank | ₹796.15 | -0.23% | -0.2% vs prev close, vol 0.8x avg |
ICICIBANK ICICI Bank | ₹1,379.8 | +0.33% | +0.3% vs prev close, vol 0.8x avg |