Daily Report

Daily Report - Thu, 16 Jul, 2026, 10:52 IST

Market Summary

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).

Top Stories & Market Intelligence

  • Macro & Policy - Economic Times

    India Hikes Windfall Tax on Diesel, ATF Exports Amidst Rising Global Oil Prices

    IOC, BPCL, HPCL
  • Global Cues - Reuters

    US Inflation Exceeds Expectations, Wall Street Rallies

  • Earnings - Moneycontrol

    Q1 FY27 Earnings Season Sees 40 Companies Report Today

    WIPRO, JIOFIN, TECHM, BHEL, ITC, POLYCAB, CEAT, SOUTHBANK, NEWGEN
  • Sectoral - Moneycontrol

    E-Commerce, Electric Equipment, Speciality Chemicals Sectors See Surge

  • Corporate Actions - Livemint

    TVS Holdings Subsidiary to Acquire Varthana Finance for ₹967 Crore

    TVSHOLDINGS
  • Stocks in Focus - Moneycontrol

    Stocks in Focus Ahead of Q1 FY27 Earnings and Corporate Updates

    HDFCLIFE, ADANIPOWER, TVSHOLDINGS, JANASFB, ICICIPRULI, HSCL, INDIAPES, SPANDANA, KARNATAKABANK, LATENTVIEW, NTPC
  • Macro & Policy - Livemint

    Government Boosts Local Manufacturing to Reduce Import Dependence

  • Global Cues - Bloomberg

    Asian Markets Open Mixed to Negative, Nikkei and Kospi Decline

Street Consensus & Brokerage Radar

TickerBrokerageActionTargetRationale
ANANTRAJVibuy—Recommended as a top stock to buy.
SOBHAVibuy—Recommended as a top stock to buy.
PNBHOUSINGVibuy—Recommended as a top stock to buy.
JUBILANTChoice Brokingbuy—Recommended as a breakout share.
TMBChoice Brokingbuy—Recommended as a breakout share.
CHENNPETROChoice Brokingbuy—Recommended as a breakout share.
INDIGOChoice Brokingbuy—Recommended as a breakout share.
KMEWChoice Brokingbuy—Recommended as a breakout share.
CESCPrabhudas Lilladherbuy168Buy at ₹162, Target ₹168, Stop Loss ₹158.
VEDLPrabhudas Lilladherbuy250Buy at ₹260, Target ₹250, Stop Loss ₹266. (Note: The stop loss is higher than the target, which is an unusual recommendation. Investors should exercise caution and verify.)
CRISILPrabhudas Lilladherbuy4,260Buy at ₹4190, Target ₹4260, Stop Loss ₹4170.
PNBHOUSINGMorgan Stanleybuy—Identified as a top housing finance pick with potential upsides of 15% to 42%.
APTUSMorgan Stanleybuy—Identified as a top housing finance pick with potential upsides of 15% to 42%.
CDSLReligare Brokingbuy—Recommended as a stock to buy.
DIVISLABReligare Brokingbuy—Recommended as a stock to buy.
ULTRACEMCOReligare Brokingbuy—Recommended as a stock to buy.
EXIDEINDICICI Directbuy480Maintained 'Buy' rating.
KOTAKBANKAxis Directbuy500Maintained 'Buy' rating.
USHAMARTPrabhudas Lilladherbuy570Initiated 'Buy' coverage.
TITANUBSbuy5,600Issued a 'Buy' rating.

Corporate Actions & Calendar

DateTickerTypeName
2026-07-16GRPLTDdividendGRPLTD
2026-07-16CRAMCdividendCRAMC
2026-07-16CRAFTSMANdividendCRAFTSMAN
2026-07-16COROMANDELdividendCOROMANDEL
2026-07-16ASPINWALLdividendASPINWALL
2026-07-16360ONEresults360ONE
2026-07-165PAISAresults5PAISA
2026-07-16ALOKINDSresultsAlok Industries Limited
2026-07-16ZF Commercial Vehic.bonusZF Commercial Vehic.

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

TickerNameLTPChange
SRFSRF2,882.10+3.84%
HCLTECHHCL Technologies1,202.00+2.91%
BPCLBharat Petroleum315.35+1.86%
TECHMTech Mahindra1,526.00+1.82%
WIPROWipro177.66+1.72%

Top Losers

TickerNameLTPChange
SBILIFESBI Life Insurance1,824.00-2.27%
DLFDLF652.65-0.78%
HDFCLIFEHDFC Life Insurance564.35-0.77%
AXISBANKAxis Bank1,302.40-0.75%
APOLLOHOSPApollo Hospitals8,880.00-0.60%

52-Week High & Low

Near 52-Week High

DIVISLABDivi's Laboratories
7,376.00−0.19%
APOLLOHOSPApollo Hospitals
8,880.00−0.78%
SUNPHARMASun Pharmaceutical
1,945.80−0.86%
TITANTitan Company
4,634.00−0.98%

Near 52-Week Low

VEDLVedanta
260.80+1.05%
ITCITC
278.05+1.11%
Session Close Surveillance

Market Close & Portfolio Surveillance

16:15 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)

High
ITCHOTELSITC Hotels

Significant -5.1% drawdown on high volume (2.1x avg) despite positive Q1 results ('sell the news' reaction).

drawdown>3%volume>2x avg
High
NEWGENNEWGEN

Significant drawdown of -3.2% accompanied by very high volume (2.7x avg) with no specific positive news.

drawdown>3%volume>2x avg

Portfolio Scan

TickerPriceChangeNote
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