High
JIOFINJIOFIN
Significant drawdown exceeding market decline, exceptionally high volume, and breach of 50DMA support indicating strong bearish sentiment.
drawdown>3%volume>2x avgbelow 50DMA support
Daily Report
Daily Report - Wed, 8 Jul, 2026, 11:03 IST
Market Summary
Indian equities concluded the last session in negative territory, with key indices like NIFTY 50 and Sensex declining around half a percent amid weak market breadth. Sectoral performance was mixed, seeing strength in Realty and Pharma offset by notable weakness in FMCG. Institutional flows indicated FII buying being largely absorbed by DII selling, suggesting a lack of strong directional conviction.
Key Takeaways
- NIFTY 50 and SENSEX closed down around 0.5%, reflecting broader market weakness.
- Negative market breadth: 18 advances against 40 declines.
- Realty (+1.33%), Pharma (+0.51%), and Metal (+0.35%) sectors outperformed.
- FMCG was the weakest sector, down 1.35%, with ITC and Dabur among top losers.
- FIIs recorded net buying of 393.19cr, while DIIs were net sellers by 383.43cr.
- Top gainers included DLF and Divis Lab; BPCL and ITC were among top losers.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI maintains repo rate at 5.25%, projects FY27 CPI inflation at 4.6%
- Global Cues - Reuters
Global markets cautious as US-Iran tensions escalate, crude oil surges above $75
- Earnings - Economic Times
Tata Consultancy Services to report Q1FY27 results on Thursday
TCS - Sectoral - Economic Times
IT index rises 2.4% but Q1FY27 faces 'AI shock' and weak discretionary spending
- Corporate Actions - Livemint
India's deal value doubles to $36.3 billion in Q2 2026, highest M&A since Q2 2022
- Stocks in Focus - Moneycontrol
Oil-sensitive stocks to be volatile amidst surging crude prices
ONGC, OIL, INDIGO, ASIANPAINT - Macro & Policy - Livemint
India becomes 11th biggest FDI recipient in 2025, inflows up 44% to $39 billion
- Global Cues - Moneycontrol
Indian benchmarks end four-day winning streak on July 7; FIIs net buyers
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| MARICO | Prabhudas Lilladher | buy | 870 | Intraday trading recommendation. |
| RCF | Prabhudas Lilladher | buy | 140 | Intraday trading recommendation. |
| HEROMOTOCO | Anand Rathi | buy | — | Top stock to buy today. |
| TATASTEEL | Anand Rathi | buy | — | Top stock to buy today. |
| CREDITACC | Motilal Oswal | buy | 1,780 | Recommendation on July 2, 2026. |
| KIRLOSENG | Motilal Oswal | buy | 2,350 | Recommendation on June 22, 2026. |
| RELIANCE | Motilal Oswal | buy | 1,655 | Recommendation on June 22, 2026. |
| SUZLON | Motilal Oswal | buy | 65 | Recommendation on June 15, 2026. |
| JSWINFRA | Motilal Oswal | buy | 360 | Recommendation on June 9, 2026. |
| TITAN | Motilal Oswal | buy | 5,250 | Recommendation on June 5, 2026. |
| GODREJCP | JM Financial | buy | 1,250 | Recommendation on July 6, 2026. |
| TATAMOTORS | JM Financial | buy | 475 | Recommendation on June 24, 2026. |
| DELHIVERY | JM Financial | buy | 605 | Recommendation on June 22, 2026. |
| SHYAMMETL | JM Financial | buy | 1,100 | Recommendation on June 18, 2026. |
| SUZLON | JM Financial | buy | 65 | Recommendation on June 15, 2026. |
| INOXWIND | JM Financial | accumulate | 101 | Recommendation on June 22, 2026. |
| NAUKRI | JM Financial | reduce | 1,000 | Recommendation on June 23, 2026. |
| VEDL | Emkay | buy | 550 | Recommendation on July 2, 2026. |
| ADANIPORTS | Emkay | buy | 2,000 | Recommendation on July 1, 2026. |
| TATAMOTORS | Emkay | accumulate | 390 | Recommendation on June 18, 2026. |
| ASTRAL | Equirus Securities | buy | 1,980 | Recommendation on June 29, 2026. |
| ADANIPOWER | IIFL | buy | 240 | Initiated coverage. |
| HINDZINC | Citi | sell | — | Maintained 'Sell' rating. |
FII / DII Activity
FII Net
+393.19 cr
DII Net
−383.43 cr
As of 2026-07-07
Market Cues
NIFTY 50
24,287.05
-0.46%SENSEX
77,772.7
-0.52%NASDAQ
25,818.69
-1.16%GOLD
4,116.6
-1.22%INDIA VIX
12.118
+4.04%Market Sectors
NIFTY BANK
57,971.8
-0.39%NIFTY IT
27,856.85
-0.29%NIFTY PHARMA
25,808.35
+0.51%NIFTY AUTO
27,204.1
-0.51%NIFTY METAL
12,627.3
+0.35%NIFTY ENERGY
39,021.65
-0.43%NIFTY REALTY
904.45
+1.33%NIFTY FIN SERVICE
29,320.3
-0.29%NIFTY FMCG
49,546.8
-1.35%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| DLF | DLF | 663.50 | +1.90% |
| DIVISLAB | Divi's Laboratories | 6,848.00 | +1.13% |
| WIPRO | Wipro | 174.84 | +1.06% |
| VEDL | Vedanta | 277.95 | +1.05% |
| DRREDDY | Dr. Reddy's Laboratories | 1,364.60 | +0.74% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| BPCL | Bharat Petroleum | 304.95 | -2.87% |
| ITC | ITC | 282.10 | -2.30% |
| IOC | Indian Oil | 139.49 | -1.89% |
| DABUR | Dabur India | 445.75 | -1.71% |
| MARUTI | Maruti Suzuki | 14,314.00 | -1.54% |
52-Week High & Low
Near 52-Week High
TITANTitan Company
4,598.80−0.22%
SUNPHARMASun Pharmaceutical
1,912.90−0.86%
APOLLOHOSPApollo Hospitals
8,863.00−0.97%
GRASIMGrasim Industries
3,184.80−1.15%
PIDILITINDPidilite Industries
1,600.50−1.54%
INDUSINDBKIndusInd Bank
1,021.40−1.60%
NESTLEINDNestle India
1,469.40−1.92%
Near 52-Week Low
No stocks within 2% of their 52-week low.
Session Close Surveillance
16:15 ISTMarket Close & Portfolio Surveillance
Session Summary
The Indian market is down significantly due to geopolitical tensions, but specific stocks show genuine sell signals characterized by outsized declines, high volumes, sector-specific weakness, and key technical breaches.
Alerts(6)
High
ITCHOTELSITCHOTELS
Considerable drawdown significantly worse than broader market despite average volume, suggesting potential sub-sector or company-specific concerns.
drawdown>3%
High
HINDUNILVRHINDUNILVR
Drawdown greater than market average within a hard-hit FMCG sector, explicitly mentioned as a significant laggard, and breached 50DMA.
drawdown>3%below 50DMA support
High
KOTAKBANKKOTAKBANK
Significant drawdown in a crashing Nifty Bank sector, higher-than-average volume, and breach of 50DMA indicating strong selling pressure.
drawdown>3%below 50DMA support
Medium
CENTRALBKCENTRALBK
Part of the worst-hit PSU Bank sector with a significant drawdown and above-average volume, suggesting conviction in selling.
below 50DMA support
Medium
ITCITC
Explicitly mentioned as a major laggard with higher-than-average volume in a struggling FMCG sector, despite a drawdown near market average.
below 50DMA support
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,352.4 | -4.07% | -4.1% vs prev close, vol 0.6x avg — flags: drawdown>3% |
ACE ACE | ₹967.3 | -3.04% | -3.0% vs prev close, vol 0.5x avg — flags: drawdown>3% |
AMBUJACEM AMBUJACEM | ₹421.1 | -3.40% | -3.4% vs prev close, vol 0.6x avg — flags: drawdown>3%, below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,749.8 | -0.95% | -1.0% vs prev close, vol 0.5x avg |
ASTRAL ASTRAL | ₹1,336 | -1.73% | -1.7% vs prev close, vol 0.8x avg — flags: below 50DMA support |
BDL BDL | ₹1,336.8 | -4.15% | -4.2% vs prev close, vol 0.6x avg — flags: drawdown>3% |
BHARTIARTL BHARTIARTL | ₹1,888.1 | -1.96% | -2.0% vs prev close, vol 1.0x avg |
BRIGADE BRIGADE | ₹498.65 | -3.47% | -3.5% vs prev close, vol 0.6x avg — flags: drawdown>3%, below 50DMA support |
BSOFT BSOFT | ₹272.2 | -3.32% | -3.3% vs prev close, vol 1.0x avg — flags: drawdown>3%, below 50DMA support |
CASTROLIND CASTROLIND | ₹183.3 | -0.43% | -0.4% vs prev close, vol 1.3x avg |
CENTRALBK CENTRALBK | ₹31.24 | -2.83% | -2.8% vs prev close, vol 1.5x avg — flags: below 50DMA support |
DALBHARAT DALBHARAT | ₹1,719.35 | -3.86% | -3.9% vs prev close, vol 0.7x avg — flags: drawdown>3%, below 50DMA support |
DIXON DIXON | ₹12,934 | -2.33% | -2.3% vs prev close, vol 0.9x avg |
DLF DLF | ₹634 | -2.63% | -2.6% vs prev close, vol 1.1x avg |
FIRSTCRY FIRSTCRY | ₹206.65 | -2.77% | -2.8% vs prev close, vol 0.6x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹1,075.2 | -2.01% | -2.0% vs prev close, vol 1.0x avg |
HAVELLS HAVELLS | ₹1,207.8 | -1.40% | -1.4% vs prev close, vol 2.9x avg — flags: volume>2x avg |
HCLTECH HCLTECH | ₹1,145.4 | -1.98% | -2.0% vs prev close, vol 0.9x avg |
HDFCBANK HDFCBANK | ₹810.3 | -2.29% | -2.3% vs prev close, vol 1.1x avg |
HEROMOTOCO HEROMOTOCO | ₹4,894.95 | -1.96% | -2.0% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹971.65 | +0.22% | +0.2% vs prev close, vol 1.0x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹2,135.8 | -3.30% | -3.3% vs prev close, vol 0.9x avg — flags: drawdown>3%, below 50DMA support |
ICICIBANK ICICIBANK | ₹1,380.6 | -2.41% | -2.4% vs prev close, vol 0.8x avg |
IIFL IIFL | ₹517.8 | -1.28% | -1.3% vs prev close, vol 1.1x avg |
INFY INFY | ₹1,069.3 | -0.23% | -0.2% vs prev close, vol 0.9x avg — flags: below 50DMA support |
IREDA IREDA | ₹121.1 | -3.24% | -3.2% vs prev close, vol 0.7x avg — flags: drawdown>3%, below 50DMA support |
ITC ITC | ₹280.65 | -2.81% | -2.8% vs prev close, vol 1.8x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹177.63 | -4.90% | -4.9% vs prev close, vol 0.9x avg — flags: drawdown>3% |
JINDALSTEL JINDALSTEL | ₹1,021.5 | -1.34% | -1.3% vs prev close, vol 0.6x avg — flags: below 50DMA support |
JIOFIN JIOFIN | ₹229.99 | -5.38% | -5.4% vs prev close, vol 3.0x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
JKPAPER JKPAPER | ₹354.4 | -1.65% | -1.7% vs prev close, vol 1.6x avg — flags: below 50DMA support |
JWL JWL | ₹249 | -2.05% | -2.0% vs prev close, vol 1.4x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹374.15 | +5.47% | +5.5% vs prev close, vol 5.4x avg — flags: volume>2x avg |
KAMATHOTEL KAMATHOTEL | ₹182.4 | -4.19% | -4.2% vs prev close, vol 0.8x avg — flags: drawdown>3% |
KOTAKBANK KOTAKBANK | ₹370.1 | -3.04% | -3.0% vs prev close, vol 1.4x avg — flags: drawdown>3%, below 50DMA support |
LICI LICI | ₹427.9 | -1.72% | -1.7% vs prev close, vol 0.9x avg |
LODHA LODHA | ₹1,114.15 | +1.00% | +1.0% vs prev close, vol 6.7x avg — flags: volume>2x avg |
M&M M&M | ₹3,102.95 | -2.85% | -2.8% vs prev close, vol 1.1x avg |
MANKIND MANKIND | ₹2,489 | -1.68% | -1.7% vs prev close, vol 0.6x avg |
MAXHEALTH MAXHEALTH | ₹1,084.8 | -3.00% | -3.0% vs prev close, vol 0.9x avg — flags: drawdown>3% |
NEWGEN NEWGEN | ₹466.6 | -2.75% | -2.8% vs prev close, vol 0.3x avg |
NHPC NHPC | ₹78.59 | -0.39% | -0.4% vs prev close, vol 0.6x avg |
PRESTIGE PRESTIGE | ₹1,635.3 | -2.27% | -2.3% vs prev close, vol 1.1x avg |
PSB PSB | ₹24.06 | -2.67% | -2.7% vs prev close, vol 0.4x avg |
PVRINOX PVRINOX | ₹976.25 | -2.56% | -2.6% vs prev close, vol 1.1x avg |
RELIANCE RELIANCE | ₹1,276 | -2.35% | -2.3% vs prev close, vol 0.6x avg — flags: below 50DMA support |
SBIN SBIN | ₹1,016.9 | -2.04% | -2.0% vs prev close, vol 1.3x avg |
TATASTEEL TATASTEEL | ₹188.1 | -0.87% | -0.9% vs prev close, vol 0.4x avg — flags: below 50DMA support |
TCS TCS | ₹2,057.5 | -1.84% | -1.8% vs prev close, vol 0.8x avg — flags: below 50DMA support |
TMPV TMPV | ₹332.15 | -2.99% | -3.0% vs prev close, vol 1.0x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹3,639.7 | -1.97% | -2.0% vs prev close, vol 1.0x avg |
ULTRACEMCO ULTRACEMCO | ₹11,353 | -2.54% | -2.5% vs prev close, vol 0.9x avg |
VBL VBL | ₹474.55 | -2.00% | -2.0% vs prev close, vol 0.7x avg — flags: below 50DMA support |
VMM VMM | ₹115.91 | -1.17% | -1.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹172.65 | -0.23% | -0.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |