Daily Report

Daily Report - Tue, 7 Jul, 2026, 11:57 IST

Market Summary

The Indian market ended with modest gains for benchmark indices, largely propelled by a significant surge in the IT sector, which outpaced all others. However, the broader market presented a mixed picture, with notable declines in sectors like Realty, Metal, and Energy. Investors should eye the sustained momentum in IT stocks, while being mindful of potential sector-specific weakness elsewhere.

Key Takeaways

  • IT sector was the strongest performer, surging 3.03%, with major IT stocks among top gainers.
  • NIFTY 50 and SENSEX closed with modest gains of approximately 0.38-0.39%.
  • NIFTY BANK and NIFTY FIN SERVICE also contributed positively with around 0.3% gains.
  • Sectors like Realty, Metal, and Energy experienced significant declines, with NIFTY REALTY down 1.42%.
  • Market breadth was slightly positive, with 33 advances against 25 declines.
  • VIX remains low at 11.755, indicating subdued volatility expectations.

Street Consensus & Brokerage Radar

TickerBrokerageActionTargetRationale
MANKINDPHARMAMirae Asset Sharebuy—Recommended by Somil Mehta, Head of Retail Research.
BAJAJ-AUTOMirae Asset Sharebuy—Recommended by Somil Mehta, Head of Retail Research.
UNOMINDAMirae Asset Sharebuy—Recommended by Somil Mehta, Head of Retail Research.
JUBLFOODMirae Asset Sharebuy—Recommended by Somil Mehta, Head of Retail Research.
LLOYDSENGGPrabhudas Lilladherbuy98Intraday recommendation for July 7, 2026.
RBLBANKPrabhudas Lilladherbuy375Intraday recommendation for July 7, 2026.
EIDPARRYPrabhudas Lilladherbuy800Intraday recommendation for July 7, 2026.
RAINChoice Brokingbuy220Recommendation to buy on July 7, 2026.
METROPOLISChoice Brokingbuy625Recommendation to buy on July 7, 2026.
UNSPChoice Brokingbuy1,550Recommendation to buy on July 7, 2026.
SPANDANAChoice Brokingbuy340Recommendation to buy on July 7, 2026.
LTFINANCEChoice Brokingbuy365Recommendation to buy on July 7, 2026.
AXISBANKKSL Researchbuy—BUY rating based on normalizing credit costs, healthy asset quality, and gaining loan growth momentum. Expected RoE of 13.9% in FY28E, trading at 1.6x FY28E book.
BANKBARODAKSL Researchaccumulate—ADD rating, preferred among PSU banks for healthy loan growth, improving asset quality, and strong capital position. Trades at roughly 1x FY28E book, with RoE seen at 11.1% in FY28E.
CIPLAKSL Researchbuy—BUY rating, earnings expected to have bottomed out, with strong FY27E recovery from a robust US launch pipeline, improving India momentum, and cost efficiencies. EPS forecast to climb from Rs 52.7 to Rs 62.4 over FY27E-28E.
M&MKSL Researchbuy—BUY rating, expected to outperform industry growth in tractors and commercial vehicles with a product-launch cycle through CY30E.
UNSPKSL Researchaccumulate—ADD rating, revenue growth expected to improve in FY27E, with cost efficiencies and premiumization offsetting inflation.
PGELICICI Directbuy570Recommendation as of July 2, 2026.
JUBLINGREAAnand Rathibuy691Recommendation as of July 1, 2026.
TITANUBSbuy5,600Maintained Buy rating as of July 1, 2026.

Market Cues

NIFTY 50

24,522.6

+0.38%

SENSEX

78,587.47

+0.39%

NASDAQ

26,121.16

+1.12%

GOLD

4,187.3

+0.48%

INDIA VIX

11.755

-0.53%

Market Sectors

NIFTY BANK

58,467.95

+0.30%

NIFTY IT

28,102.3

+3.03%

NIFTY PHARMA

25,825.3

-0.16%

NIFTY AUTO

27,363.95

+0.04%

NIFTY METAL

12,621.3

-0.80%

NIFTY ENERGY

39,235.9

-0.62%

NIFTY REALTY

894.1

-1.42%

NIFTY FIN SERVICE

29,520.1

+0.33%

NIFTY FMCG

50,038.5

-0.31%

Top Gainers & Losers

Top Gainers

TickerNameLTPChange
INFYInfosys1,084.60+4.07%
TECHMTech Mahindra1,457.00+3.59%
HCLTECHHCL Technologies1,166.70+2.87%
TITANTitan Company4,611.00+2.82%
TCSTata Consultancy Services2,110.00+2.55%

Top Losers

TickerNameLTPChange
DLFDLF659.65-2.03%
COALINDIACoal India425.55-1.57%
VEDLVedanta277.65-1.54%
ADANIENTAdani Enterprises3,166.80-1.24%
HINDALCOHindalco Industries969.75-1.09%

52-Week High & Low

Near 52-Week High

INDUSINDBKIndusInd Bank
1,027.70−0.09%
PIDILITINDPidilite Industries
1,618.40−0.44%
SUNPHARMASun Pharmaceutical
1,915.90−0.48%
TITANTitan Company
4,611.00−0.96%
GRASIMGrasim Industries
3,189.50−1.01%
ADANIPORTSAdani Ports & SEZ
1,871.00−1.06%
APOLLOHOSPApollo Hospitals
8,850.00−1.12%

Near 52-Week Low

No stocks within 2% of their 52-week low.

Session Close Surveillance

Market Close & Portfolio Surveillance

16:15 IST

Session Summary

Genuine sell signals were identified for DLF, Kalyan Jewellers, and Reliance Industries due to sectoral weakness, a 'sell the news' event, and regulatory concerns, respectively.

Alerts(3)

High
DLFDLF

Significant decline, hitting intraday low and reflecting sustained price pressure, underperforming the weak Nifty Realty sector.

drawdown>3%
High
KALYANKJILKALYANKJIL

Plunged significantly on high volume despite strong Q1 FY27 revenue, due to growth lagging a rival and elevated investor expectations, indicating a 'sell the news' event and a secular downtrend.

drawdown>3%volume>2x avgbelow 50DMA support
Medium
RELIANCERELIANCE

Received an administrative warning letter from market regulator SEBI regarding alleged insider trading, triggering selling pressure and investor caution.

below 50DMA support

Portfolio Scan

TickerPriceChangeNote
ABREL
ABREL
₹1,409.8-0.54%-0.5% vs prev close, vol 0.4x avg
ACE
ACE
₹997.6-0.89%-0.9% vs prev close, vol 0.6x avg
AMBUJACEM
AMBUJACEM
₹435.9-1.25%-1.2% vs prev close, vol 0.4x avg
APOLLOHOSP
APOLLOHOSP
₹8,834-0.66%-0.7% vs prev close, vol 2.1x avg — flags: volume>2x avg
ASTRAL
ASTRAL
₹1,359.5-2.12%-2.1% vs prev close, vol 0.6x avg — flags: below 50DMA support
BDL
BDL
₹1,394.7-0.98%-1.0% vs prev close, vol 0.8x avg
BHARTIARTL
BHARTIARTL
₹1,925.8+0.01%+0.0% vs prev close, vol 0.9x avg
BRIGADE
BRIGADE
₹516.55-3.88%-3.9% vs prev close, vol 0.4x avg — flags: drawdown>3%
BSOFT
BSOFT
₹281.55+0.32%+0.3% vs prev close, vol 1.2x avg — flags: below 50DMA support
CASTROLIND
CASTROLIND
₹184.1-0.03%-0.0% vs prev close, vol 1.0x avg
CENTRALBK
CENTRALBK
₹32.15-1.47%-1.5% vs prev close, vol 0.5x avg — flags: below 50DMA support
DALBHARAT
DALBHARAT
₹1,788.4+0.95%+1.0% vs prev close, vol 0.9x avg
DIXON
DIXON
₹13,242-0.47%-0.5% vs prev close, vol 1.3x avg
DLF
DLF
₹651.1-3.30%-3.3% vs prev close, vol 1.3x avg — flags: drawdown>3%
FIRSTCRY
FIRSTCRY
₹212.54-1.72%-1.7% vs prev close, vol 0.5x avg — flags: below 50DMA support
GODREJCP
GODREJCP
₹1,097.2-0.31%-0.3% vs prev close, vol 0.7x avg
HAVELLS
HAVELLS
₹1,225+3.68%+3.7% vs prev close, vol 1.9x avg
HCLTECH
HCLTECH
₹1,168.5+3.04%+3.0% vs prev close, vol 0.9x avg
HDFCBANK
HDFCBANK
₹829.3-0.07%-0.1% vs prev close, vol 1.6x avg
HEROMOTOCO
HEROMOTOCO
₹4,992.8+0.97%+1.0% vs prev close, vol 1.3x avg
HINDALCO
HINDALCO
₹969.5-1.11%-1.1% vs prev close, vol 0.7x avg — flags: below 50DMA support
HINDUNILVR
HINDUNILVR
₹2,208.8+0.31%+0.3% vs prev close, vol 1.6x avg
ICICIBANK
ICICIBANK
₹1,414.7-0.86%-0.9% vs prev close, vol 1.1x avg
IIFL
IIFL
₹524.5-0.62%-0.6% vs prev close, vol 0.4x avg
INFY
INFY
₹1,071.8+2.84%+2.8% vs prev close, vol 1.4x avg — flags: below 50DMA support
IREDA
IREDA
₹125.15-1.22%-1.2% vs prev close, vol 0.4x avg — flags: below 50DMA support
ITC
ITC
₹288.75+0.17%+0.2% vs prev close, vol 1.5x avg — flags: below 50DMA support
ITCHOTELS
ITCHOTELS
₹186.79+1.63%+1.6% vs prev close, vol 1.3x avg
JINDALSTEL
JINDALSTEL
₹1,035.4-2.27%-2.3% vs prev close, vol 0.8x avg — flags: below 50DMA support
JIOFIN
JIOFIN
₹243.07+1.28%+1.3% vs prev close, vol 2.1x avg — flags: volume>2x avg
JKPAPER
JKPAPER
₹360.35+2.71%+2.7% vs prev close, vol 3.4x avg — flags: volume>2x avg
JWL
JWL
₹254.2-1.61%-1.6% vs prev close, vol 0.9x avg — flags: below 50DMA support
KALYANKJIL
KALYANKJIL
₹354.75-6.95%-7.0% vs prev close, vol 3.2x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support
KAMATHOTEL
KAMATHOTEL
₹190.37+3.99%+4.0% vs prev close, vol 2.6x avg — flags: volume>2x avg
KOTAKBANK
KOTAKBANK
₹381.7+0.10%+0.1% vs prev close, vol 1.4x avg
LICI
LICI
₹435.4+1.47%+1.5% vs prev close, vol 0.8x avg
LODHA
LODHA
₹1,103.15+0.67%+0.7% vs prev close, vol 5.3x avg — flags: volume>2x avg
M&M
M&M
₹3,193.9-0.23%-0.2% vs prev close, vol 0.5x avg
MANKIND
MANKIND
₹2,531.5-0.34%-0.3% vs prev close, vol 0.3x avg
MAXHEALTH
MAXHEALTH
₹1,118.4-1.25%-1.2% vs prev close, vol 0.9x avg
NEWGEN
NEWGEN
₹479.8-0.01%-0.0% vs prev close, vol 0.3x avg
NHPC
NHPC
₹78.9-1.18%-1.2% vs prev close, vol 0.2x avg
PRESTIGE
PRESTIGE
₹1,673.3-1.77%-1.8% vs prev close, vol 1.6x avg
PSB
PSB
₹24.72-0.64%-0.6% vs prev close, vol 0.4x avg
PVRINOX
PVRINOX
₹1,001.95-1.19%-1.2% vs prev close, vol 0.7x avg
RELIANCE
RELIANCE
₹1,306.65-1.12%-1.1% vs prev close, vol 0.4x avg — flags: below 50DMA support
SBIN
SBIN
₹1,038.1+0.04%+0.0% vs prev close, vol 1.0x avg
TATASTEEL
TATASTEEL
₹189.75-0.58%-0.6% vs prev close, vol 0.3x avg — flags: below 50DMA support
TCS
TCS
₹2,096.1+1.87%+1.9% vs prev close, vol 1.1x avg — flags: below 50DMA support
TMPV
TMPV
₹342.4-1.31%-1.3% vs prev close, vol 0.3x avg — flags: below 50DMA support
TVSMOTOR
TVSMOTOR
₹3,712.7+0.21%+0.2% vs prev close, vol 0.7x avg
ULTRACEMCO
ULTRACEMCO
₹11,649-0.10%-0.1% vs prev close, vol 0.6x avg
VBL
VBL
₹484.25-2.14%-2.1% vs prev close, vol 1.3x avg — flags: below 50DMA support
VMM
VMM
₹117.28-1.50%-1.5% vs prev close, vol 0.8x avg — flags: below 50DMA support
WIPRO
WIPRO
₹173.05-0.72%-0.7% vs prev close, vol 0.5x avg — flags: below 50DMA support