Medium
RELIANCEReliance Industries
Trading flat on a broadly positive market day, indicating relative weakness, and below 50DMA support.
below 50DMA support
Daily Report
Daily Report - Fri, 3 Jul, 2026, 11:36 IST
Market Summary
Indian markets closed higher, propelled by robust gains in the IT and Pharma sectors, despite some weakness observed in Nifty Bank and Energy. Domestic Institutional Investors provided strong support by absorbing foreign selling, contributing to the positive market breadth. The overall sentiment remains constructive with low volatility expectations.
Key Takeaways
- NIFTY 50 and SENSEX closed positive, gaining over 0.6%.
- IT (+2.5%) and Pharma (+1.99%) sectors led the market rally.
- NIFTY BANK (-0.08%) and NIFTY ENERGY (-1.11%) were the laggards.
- DIIs were significant net buyers (+1784.4cr), offsetting FII net selling (-311.82cr).
- Market breadth was positive with 35 advancing stocks against 22 declining.
- India VIX remained subdued at 11.8775.
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| PINELABS | Prabhudas Lilladher | buy | 170 | Technical analysis suggests an improving bias for the stock. |
| ANANTRAJ | Prabhudas Lilladher | buy | 555 | Technical analysis suggests an improving bias for the stock. |
| BIRLASOFT | Prabhudas Lilladher | buy | 274 | Technical analysis suggests an improving bias for the stock. |
| BAJAJFINANCE | Morgan Stanley | buy | 1,175 | Maintained 'Overweight' rating, with target increased. |
| PNB | Morgan Stanley | reduce | 88 | Maintained 'Underweight' rating. |
| VISHALMEGAMART | Morgan Stanley | buy | 146 | Maintained 'Overweight' rating. |
| JUBLFOOD | Morgan Stanley | hold | 486 | Assigned 'Equal Weight' rating. |
| TATAMOTORS | Morgan Stanley | hold | 367 | Assigned 'Equal Weight' rating. |
| GREENPLY | Nuvama Wealth Management | buy | 434 | Reiterated 'BUY' rating. |
| MARICO | Nuvama Wealth Management | buy | 1,000 | Reiterated 'BUY' rating. |
| DRREDDY | Nuvama Wealth Management | buy | 1,560 | Reiterated 'BUY' rating. |
| ITC | Emkay Global Financial Services | accumulate | 310 | Assigned 'ADD' rating. |
| DMART | Antique Stock Broking | hold | 4,437 | Maintained 'HOLD' recommendation. |
| EMCUREPHARMA | MarketSmith India | buy | — | Recommends 'Buy' on the stock. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-07-08 | TCS | results | Tata Consultancy Services |
| 2026-07-12 | HCLTECH | results | HCL Technologies |
| 2026-07-08 | ASIANHOTNR | results | Asian Hotels (East) Ltd. |
| 2026-07-08 | EIMCOELECO | results | Eimco Elecon (India) Ltd. |
| 2026-07-08 | GMBREW | results | G M Breweries Ltd. |
| 2026-07-08 | ANANDRATHI | results | Anand Rathi Wealth Ltd. |
| 2026-07-09 | ELECON | results | Elecon Engineering Company Ltd. |
| 2026-07-09 | LTF | results | L&T Finance Ltd. |
| 2026-07-03 | BHARATFORG | dividend | Bharat Forge Ltd |
| 2026-07-03 | BIOCON | dividend | Biocon Ltd |
| 2026-07-03 | M&M | dividend | Mahindra & Mahindra Ltd |
| 2026-07-03 | SHRIRAMFIN | dividend | Shriram Finance Ltd |
| 2026-07-03 | TECHM | dividend | Tech Mahindra Ltd |
| 2026-07-03 | CANFINHOME | dividend | Can Fin Homes Limited |
| 2026-07-03 | WELENT | dividend | Welspun Enterprises Limited |
| 2026-07-03 | DALMIASUG | dividend | Dalmia Bharat Sugar and Industries Limited |
| 2026-07-03 | BFINVEST | dividend | BF Investment Limited |
| 2026-07-03 | REDINGTON | dividend | Redington Limited |
| 2026-07-03 | BALAMINES | dividend | Balaji Amines Limited |
| 2026-07-03 | ONWARDTEC | dividend | Onward Technologies Limited |
| 2026-07-03 | SWARAJENG | dividend | Swaraj Engines Limited |
| 2026-07-03 | SKFINDIA | dividend | SKF India |
| 2026-07-03 | SMLISUZU | dividend | SML Mahindra |
| 2026-07-03 | THERMAX | dividend | Thermax |
| 2026-07-03 | UNIONBANK | dividend | Union Bank Of India |
| 2026-07-07 | JSWSTEEL | dividend | JSW Steel Ltd |
| 2026-07-07 | SUNPHARMA | dividend | Sun Pharmaceutical Industries |
| 2026-07-08 | MPHASIS | dividend | Mphasis Ltd |
| 2026-07-08 | MCDOWELL-N | dividend | United Spirits Ltd |
| 2026-07-10 | AXISBANK | dividend | Axis Bank Ltd |
| 2026-07-14 | HERITGFOOD | dividend | Heritage Foods Ltd |
| 2026-07-14 | BHARATBIJ | dividend | Bharat Bijlee Ltd |
| 2026-07-14 | SAINTGOBAIN | dividend | Saint-Gobain Sekurit India Ltd |
| 2026-07-14 | KFINTECH | dividend | KFIN Technologies Ltd |
| 2026-07-03 | KRISHANA | split | Krishana Phoschem Ltd |
| 2026-07-03 | MBAPL | split | Madhya Bharat Agro Products Ltd |
| 2026-07-03 | DSPMIDQ50 | split | DSP Nifty Midcap 150 Quality 50 ETF |
| 2026-07-03 | DSPHCETF | split | DSP Nifty Healthcare ETF |
| 2026-07-08 | GUJINJECT | split | Gujarat Inject (Kerala) Ltd |
| 2026-07-09 | MANGALAM | split | Mangalam Worldwide Ltd |
| 2026-07-10 | KOTAKPSUBK | split | Kotak Nifty PSU Bank ETF |
| 2026-07-16 | INDTONER | split | Indian Toners & Developers Ltd |
| 2026-07-16 | GLOBUSSPR | agm | Globus Spirits Ltd |
FII / DII Activity
FII Net
−311.82 cr
DII Net
+1,784.4 cr
As of 2026-07-02
Market Cues
NIFTY 50
24,326.4
+0.62%SENSEX
77,966.5
+0.60%NASDAQ
25,832.672
-0.80%GOLD
4,135.5
+1.30%INDIA VIX
11.878
-3.34%Market Sectors
NIFTY BANK
57,987.85
-0.08%NIFTY IT
27,637.9
+2.50%NIFTY PHARMA
25,811.75
+1.99%NIFTY AUTO
27,111.4
+0.01%NIFTY METAL
12,611.2
+0.86%NIFTY ENERGY
39,265.1
-1.11%NIFTY REALTY
884.25
+1.44%NIFTY FIN SERVICE
29,292.7
+0.43%NIFTY FMCG
50,087
+0.00%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HCLTECH | HCL Technologies | 1,143.50 | +6.07% |
| SUNPHARMA | Sun Pharmaceutical | 1,914.00 | +2.30% |
| APOLLOHOSP | Apollo Hospitals | 8,891.00 | +2.24% |
| DRREDDY | Dr. Reddy's Laboratories | 1,374.90 | +2.17% |
| WIPRO | Wipro | 177.61 | +2.07% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| JSWENERGY | JSW Energy | 557.80 | -1.34% |
| DABUR | Dabur India | 442.55 | -1.00% |
| ADANIENT | Adani Enterprises | 3,150.40 | -0.85% |
| TATACONSUM | Tata Consumer Products | 1,098.30 | -0.80% |
| M&M | Mahindra & Mahindra | 3,154.00 | -0.67% |
52-Week High & Low
Near 52-Week High
APOLLOHOSPApollo Hospitals
8,891.00−0.30%
SUNPHARMASun Pharmaceutical
1,914.00−0.58%
GRASIMGrasim Industries
3,199.90−0.60%
ADANIPORTSAdani Ports & SEZ
1,875.60−0.82%
PIDILITINDPidilite Industries
1,604.90−1.27%
INDUSINDBKIndusInd Bank
949.50−2.00%
Near 52-Week Low
No stocks within 2% of their 52-week low.
Session Close Surveillance
16:15 ISTMarket Close & Portfolio Surveillance
Session Summary
Reliance Industries showed a genuine sell signal due to relative weakness and breaking 50DMA support, while IT sector alerts for TCS and Infosys were considered noise amidst strong market rallies.
Alerts(1)
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
RELIANCE Reliance Industries | ₹1,304 | +0.04% | +0.0% vs prev close, vol 0.5x avg — flags: below 50DMA support |
TCS Tata Consultancy Services | ₹2,093.5 | +1.23% | +1.2% vs prev close, vol 0.9x avg — flags: below 50DMA support |
INFY Infosys | ₹1,047.2 | +0.61% | +0.6% vs prev close, vol 0.9x avg — flags: below 50DMA support |
HDFCBANK HDFC Bank | ₹801.05 | +0.65% | +0.6% vs prev close, vol 0.8x avg |
ICICIBANK ICICI Bank | ₹1,411.4 | +0.81% | +0.8% vs prev close, vol 0.9x avg |