Significant -5.1% drawdown on high volume (2.1x avg) despite positive Q1 results ('sell the news' reaction).
Daily Brief
Daily Brief - Thu, 16 Jul, 2026, 10:52 IST
Market Outlook
The Indian market concluded with NIFTY 50 and SENSEX posting modest gains, largely driven by a strong performance in the IT sector. This was despite notable weakness observed in the Financial Services and Banking indices. Positive market breadth suggests underlying buying interest, though FIIs remained net sellers. Expect IT to potentially continue its momentum, while financials might face pressure.
Key Takeaways
- NIFTY 50 (+0.30%) and SENSEX (+0.18%) closed in green, while NIFTY BANK (-0.10%) was marginally down.
- IT sector was the top performer, gaining +1.66%, with HCLTECH, TECHM, and WIPRO among top gainers.
- Financial Services and Banking indices exhibited weakness, seeing top losers like SBILIFE and AXISBANK.
- Market breadth was strongly positive with 45 advances against 13 declines.
- FIIs were net sellers (-735.83cr), largely offset by DII buying (+704.93cr).
FII / DII Activity
FII Net
−735.83 cr
DII Net
+704.93 cr
As of 2026-07-15
Market Cues
NIFTY 50
24,150.35
+0.30%SENSEX
77,327.97
+0.18%NASDAQ
26,269.227
+0.62%GOLD
4,066.9
-0.07%INDIA VIX
12.87
-3.01%Market Sectors
NIFTY BANK
57,701.65
-0.10%NIFTY IT
29,004.6
+1.66%NIFTY PHARMA
26,087.6
+0.32%NIFTY AUTO
26,859.8
+0.81%NIFTY METAL
12,587.95
+0.41%NIFTY ENERGY
39,689.1
+0.78%NIFTY REALTY
915.25
+0.01%NIFTY FIN SERVICE
29,001.4
-0.44%NIFTY FMCG
48,555.95
+0.56%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| SRF | SRF | 2,882.10 | +3.84% |
| HCLTECH | HCL Technologies | 1,202.00 | +2.91% |
| BPCL | Bharat Petroleum | 315.35 | +1.86% |
| TECHM | Tech Mahindra | 1,526.00 | +1.82% |
| WIPRO | Wipro | 177.66 | +1.72% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| SBILIFE | SBI Life Insurance | 1,824.00 | -2.27% |
| DLF | DLF | 652.65 | -0.78% |
| HDFCLIFE | HDFC Life Insurance | 564.35 | -0.77% |
| AXISBANK | Axis Bank | 1,302.40 | -0.75% |
| APOLLOHOSP | Apollo Hospitals | 8,880.00 | -0.60% |
52-Week High & Low
Near 52-Week High
Near 52-Week Low
Mid-Session
Mid-Session - Thu, 16 Jul, 2026, 15:53 IST
Session Summary
Two Indian stocks, ITC Hotels and NEWGEN, show genuine sell signals due to significant drawdowns on high volume, requiring immediate investigation.
Alerts(2)
Significant drawdown of -3.2% accompanied by very high volume (2.7x avg) with no specific positive news.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,456.6 | +2.10% | +2.1% vs prev close, vol 1.1x avg |
ACE ACE | ₹1,001.3 | -0.28% | -0.3% vs prev close, vol 0.5x avg |
AMBUJACEM AMBUJACEM | ₹433.6 | -0.38% | -0.4% vs prev close, vol 0.5x avg |
APOLLOHOSP APOLLOHOSP | ₹8,886.25 | -0.53% | -0.5% vs prev close, vol 2.1x avg — flags: volume>2x avg |
ASTRAL ASTRAL | ₹1,377 | +1.26% | +1.3% vs prev close, vol 1.0x avg — flags: below 50DMA support |
BDL BDL | ₹1,263.05 | -0.63% | -0.6% vs prev close, vol 0.4x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,921.8 | +0.18% | +0.2% vs prev close, vol 0.7x avg |
BRIGADE BRIGADE | ₹554.7 | -0.98% | -1.0% vs prev close, vol 0.1x avg |
BSOFT BSOFT | ₹289.6 | +1.49% | +1.5% vs prev close, vol 3.3x avg — flags: volume>2x avg, below 50DMA support |
CASTROLIND CASTROLIND | ₹184.6 | +0.38% | +0.4% vs prev close, vol 2.4x avg — flags: volume>2x avg |
CENTRALBK CENTRALBK | ₹32.59 | -0.34% | -0.3% vs prev close, vol 0.6x avg |
DALBHARAT DALBHARAT | ₹1,829.25 | +0.20% | +0.2% vs prev close, vol 2.0x avg — flags: volume>2x avg |
DIXON DIXON | ₹14,507 | +6.27% | +6.3% vs prev close, vol 3.3x avg — flags: volume>2x avg |
DLF DLF | ₹648.1 | -1.47% | -1.5% vs prev close, vol 1.3x avg |
FIRSTCRY FIRSTCRY | ₹213.19 | +0.27% | +0.3% vs prev close, vol 0.2x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹1,057.7 | +0.47% | +0.5% vs prev close, vol 0.4x avg |
HAVELLS HAVELLS | ₹1,170.6 | -0.58% | -0.6% vs prev close, vol 1.3x avg |
HCLTECH HCLTECH | ₹1,188.05 | +1.73% | +1.7% vs prev close, vol 1.2x avg |
HDFCBANK HDFCBANK | ₹808.3 | -0.88% | -0.9% vs prev close, vol 0.6x avg |
HEROMOTOCO HEROMOTOCO | ₹4,896.85 | +0.41% | +0.4% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹959.3 | +0.37% | +0.4% vs prev close, vol 0.6x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹2,098.4 | -0.20% | -0.2% vs prev close, vol 1.2x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,418.2 | +0.14% | +0.1% vs prev close, vol 0.9x avg |
IIFL IIFL | ₹567.1 | +4.32% | +4.3% vs prev close, vol 2.3x avg — flags: volume>2x avg |
INFY INFY | ₹1,082.4 | +0.57% | +0.6% vs prev close, vol 0.6x avg — flags: below 50DMA support |
IREDA IREDA | ₹120.85 | -0.41% | -0.4% vs prev close, vol 0.5x avg — flags: below 50DMA support |
ITC ITC | ₹279.35 | +0.98% | +1.0% vs prev close, vol 0.9x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹174.12 | -5.11% | -5.1% vs prev close, vol 2.1x avg — flags: drawdown>3%, volume>2x avg |
JINDALSTEL JINDALSTEL | ₹1,028 | -1.36% | -1.4% vs prev close, vol 0.7x avg — flags: below 50DMA support |
JIOFIN JIOFIN | ₹235.65 | -0.40% | -0.4% vs prev close, vol 0.8x avg |
JKPAPER JKPAPER | ₹369.7 | -1.36% | -1.4% vs prev close, vol 1.1x avg |
JWL JWL | ₹254.9 | -0.33% | -0.3% vs prev close, vol 0.4x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹546.6 | -0.27% | -0.3% vs prev close, vol 1.2x avg |
KAMATHOTEL KAMATHOTEL | ₹179.55 | -0.47% | -0.5% vs prev close, vol 0.3x avg |
KOTAKBANK KOTAKBANK | ₹377.15 | -0.33% | -0.3% vs prev close, vol 0.6x avg — flags: below 50DMA support |
LICI LICI | ₹438.3 | -0.33% | -0.3% vs prev close, vol 0.5x avg |
LODHA LODHA | ₹1,178.1 | +1.36% | +1.4% vs prev close, vol 0.2x avg |
M&M M&M | ₹3,120.45 | +1.20% | +1.2% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,545 | -0.06% | -0.1% vs prev close, vol 0.3x avg |
MAXHEALTH MAXHEALTH | ₹1,098.2 | -0.41% | -0.4% vs prev close, vol 0.7x avg |
NEWGEN NEWGEN | ₹541.6 | -3.17% | -3.2% vs prev close, vol 2.7x avg — flags: drawdown>3%, volume>2x avg |
NHPC NHPC | ₹78.91 | -0.27% | -0.3% vs prev close, vol 0.5x avg |
PRESTIGE PRESTIGE | ₹1,641.7 | -2.63% | -2.6% vs prev close, vol 1.2x avg |
PSB PSB | ₹24.75 | +0.41% | +0.4% vs prev close, vol 0.8x avg |
PVRINOX PVRINOX | ₹1,005.7 | -0.13% | -0.1% vs prev close, vol 0.7x avg |
RELIANCE RELIANCE | ₹1,293 | -0.19% | -0.2% vs prev close, vol 1.0x avg |
SBIN SBIN | ₹1,031.2 | +0.11% | +0.1% vs prev close, vol 0.8x avg |
TATASTEEL TATASTEEL | ₹185.5 | +0.13% | +0.1% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,201 | +0.54% | +0.5% vs prev close, vol 0.9x avg |
TMPV TMPV | ₹331.8 | -0.36% | -0.4% vs prev close, vol 0.8x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹3,563.5 | -1.35% | -1.4% vs prev close, vol 1.2x avg |
ULTRACEMCO ULTRACEMCO | ₹11,771 | -0.35% | -0.3% vs prev close, vol 1.1x avg |
VBL VBL | ₹466.55 | +0.51% | +0.5% vs prev close, vol 1.0x avg — flags: below 50DMA support |
VMM VMM | ₹112.46 | -1.30% | -1.3% vs prev close, vol 0.4x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹177.8 | +1.83% | +1.8% vs prev close, vol 0.5x avg — flags: below 50DMA support |