Significant drawdown of 3.5% on very low volume (0.2x avg) suggests a lack of buying interest and potential genuine weakness, especially in the underperforming real estate sector.
Daily Brief
Daily Brief - Thu, 23 Jul, 2026, 11:07 IST
Market Outlook
The Indian market saw a marginal decline, with Nifty and Sensex closing slightly in the red. The Auto sector was a clear outperformer, while Nifty Bank experienced notable weakness. Both FIIs and DIIs were net sellers, indicating a cautious sentiment heading into the open.
Key Takeaways
- Nifty and Sensex closed marginally lower, with Nifty 50 down 0.07%.
- Nifty Auto was the strongest sector, gaining 1.45%, driven by top gainers like HEROMOTOCO and BAJAJ-AUTO.
- Nifty Bank was a significant laggard, declining 0.49%, with INDUSINDBK among top losers.
- Market breadth was negative, showing 34 declines against 24 advances.
- Both FIIs and DIIs recorded net selling with outflows of -819.2cr and -418.26cr respectively.
- India VIX remained relatively low at 12.9825.
FII / DII Activity
FII Net
−819.2 cr
DII Net
−418.26 cr
As of 2026-07-22
Market Cues
NIFTY 50
23,980.2
-0.07%SENSEX
76,696.41
-0.08%NASDAQ
25,690.902
-0.57%GOLD
4,135
+1.44%INDIA VIX
12.983
-2.33%Market Sectors
NIFTY BANK
56,844.4
-0.49%NIFTY IT
28,487.95
-0.22%NIFTY PHARMA
25,718.4
-0.13%NIFTY AUTO
27,725.7
+1.45%NIFTY METAL
12,580.4
+0.14%NIFTY ENERGY
39,387.7
-0.12%NIFTY REALTY
904.9
+0.21%NIFTY FIN SERVICE
28,539.6
-0.15%NIFTY FMCG
49,289.55
+0.11%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HEROMOTOCO | Hero MotoCorp | 5,163.10 | +3.53% |
| BAJAJ-AUTO | Bajaj Auto | 11,270.00 | +2.47% |
| M&M | Mahindra & Mahindra | 3,238.00 | +1.97% |
| EICHERMOT | Eicher Motors | 7,761.50 | +1.70% |
| VEDL | Vedanta | 266.70 | +1.68% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| INDUSINDBK | IndusInd Bank | 1,013.95 | -5.18% |
| SRF | SRF | 2,765.00 | -3.56% |
| DRREDDY | Dr. Reddy's Laboratories | 1,152.60 | -2.55% |
| NESTLEIND | Nestle India | 1,466.00 | -1.85% |
| ADANIENT | Adani Enterprises | 3,115.60 | -1.02% |
52-Week High & Low
Near 52-Week High
Near 52-Week Low
Mid-Session
Mid-Session - Thu, 23 Jul, 2026, 16:07 IST
Session Summary
Three genuine sell signals were identified for BRIGADE.BO, NEWGEN.BO, and VMM.NS, reflecting specific weaknesses amidst a broader market downturn driven by rising crude oil prices and FII selling.
Alerts(3)
A 4.0% drawdown on low volume (0.3x avg) indicates concentrated selling pressure without significant market support, pointing to specific weakness.
A moderate drop of 1.9% with a significant volume spike (3.1x avg) accompanying the breach of 50DMA support suggests conviction behind the selling.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,398.1 | -0.75% | -0.7% vs prev close, vol 0.9x avg |
ACE ACE | ₹978.85 | -2.85% | -2.8% vs prev close, vol 1.1x avg |
AMBUJACEM AMBUJACEM | ₹423.55 | -1.68% | -1.7% vs prev close, vol 0.6x avg |
APOLLOHOSP APOLLOHOSP | ₹8,880.1 | -0.65% | -0.6% vs prev close, vol 0.3x avg |
ASTRAL ASTRAL | ₹1,413.4 | -1.22% | -1.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BDL BDL | ₹1,239.9 | -0.79% | -0.8% vs prev close, vol 0.6x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,931 | -0.92% | -0.9% vs prev close, vol 0.9x avg |
BRIGADE BRIGADE | ₹526.7 | -3.50% | -3.5% vs prev close, vol 0.2x avg — flags: drawdown>3% |
BSOFT BSOFT | ₹278.9 | -1.31% | -1.3% vs prev close, vol 0.4x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹185.25 | -0.35% | -0.3% vs prev close, vol 1.9x avg |
CENTRALBK CENTRALBK | ₹30.96 | -0.77% | -0.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
DALBHARAT DALBHARAT | ₹1,855.3 | -0.51% | -0.5% vs prev close, vol 1.6x avg |
DIXON DIXON | ₹13,829 | -0.38% | -0.4% vs prev close, vol 0.4x avg |
DLF DLF | ₹642.2 | -1.43% | -1.4% vs prev close, vol 0.5x avg |
FIRSTCRY FIRSTCRY | ₹209.34 | +1.12% | +1.1% vs prev close, vol 0.5x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹1,058.6 | -0.95% | -1.0% vs prev close, vol 0.7x avg |
HAVELLS HAVELLS | ₹1,209.9 | +0.23% | +0.2% vs prev close, vol 0.7x avg |
HCLTECH HCLTECH | ₹1,244.85 | +0.61% | +0.6% vs prev close, vol 0.4x avg |
HDFCBANK HDFCBANK | ₹747.25 | -0.78% | -0.8% vs prev close, vol 1.0x avg — flags: below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,174 | +3.78% | +3.8% vs prev close, vol 1.7x avg |
HINDALCO HINDALCO | ₹955.65 | +0.59% | +0.6% vs prev close, vol 0.9x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹2,161.8 | +0.33% | +0.3% vs prev close, vol 0.5x avg |
ICICIBANK ICICIBANK | ₹1,434.6 | -0.42% | -0.4% vs prev close, vol 1.0x avg |
IIFL IIFL | ₹568.75 | -0.28% | -0.3% vs prev close, vol 2.7x avg — flags: volume>2x avg |
INFY INFY | ₹1,047.4 | -0.45% | -0.4% vs prev close, vol 1.1x avg — flags: below 50DMA support |
IREDA IREDA | ₹119.55 | -0.13% | -0.1% vs prev close, vol 1.3x avg — flags: below 50DMA support |
ITC ITC | ₹281.3 | +0.18% | +0.2% vs prev close, vol 1.6x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹161.93 | -1.16% | -1.2% vs prev close, vol 0.6x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,041.9 | -0.30% | -0.3% vs prev close, vol 0.9x avg — flags: below 50DMA support |
JIOFIN JIOFIN | ₹233.16 | -0.70% | -0.7% vs prev close, vol 0.5x avg |
JKPAPER JKPAPER | ₹391.55 | +0.58% | +0.6% vs prev close, vol 5.8x avg — flags: volume>2x avg |
JWL JWL | ₹245.85 | -0.32% | -0.3% vs prev close, vol 0.7x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹585.6 | -1.76% | -1.8% vs prev close, vol 0.4x avg |
KAMATHOTEL KAMATHOTEL | ₹169.64 | +1.13% | +1.1% vs prev close, vol 0.7x avg — flags: below 50DMA support |
KOTAKBANK KOTAKBANK | ₹383.35 | +0.58% | +0.6% vs prev close, vol 0.7x avg |
LICI LICI | ₹421.4 | -0.45% | -0.4% vs prev close, vol 0.6x avg |
LODHA LODHA | ₹1,146.6 | -1.24% | -1.2% vs prev close, vol 0.1x avg |
M&M M&M | ₹3,228.7 | +1.70% | +1.7% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,557.1 | +0.51% | +0.5% vs prev close, vol 0.3x avg |
MAXHEALTH MAXHEALTH | ₹1,084.2 | +0.30% | +0.3% vs prev close, vol 0.6x avg |
NEWGEN NEWGEN | ₹510.35 | -3.97% | -4.0% vs prev close, vol 0.3x avg — flags: drawdown>3% |
NHPC NHPC | ₹80.26 | -0.05% | -0.0% vs prev close, vol 2.0x avg — flags: volume>2x avg |
PRESTIGE PRESTIGE | ₹1,624 | -2.35% | -2.4% vs prev close, vol 0.4x avg |
PSB PSB | ₹24.12 | -1.11% | -1.1% vs prev close, vol 0.3x avg |
PVRINOX PVRINOX | ₹1,007.4 | +1.49% | +1.5% vs prev close, vol 7.6x avg — flags: volume>2x avg |
RELIANCE RELIANCE | ₹1,275.35 | -1.05% | -1.0% vs prev close, vol 1.3x avg |
SBIN SBIN | ₹1,012.6 | -1.21% | -1.2% vs prev close, vol 0.9x avg |
TATASTEEL TATASTEEL | ₹184.25 | -1.21% | -1.2% vs prev close, vol 0.6x avg |
TCS TCS | ₹2,242.9 | +1.57% | +1.6% vs prev close, vol 0.5x avg |
TMPV TMPV | ₹324.25 | -1.08% | -1.1% vs prev close, vol 1.2x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹3,919.8 | +0.31% | +0.3% vs prev close, vol 1.5x avg |
ULTRACEMCO ULTRACEMCO | ₹11,908 | +0.13% | +0.1% vs prev close, vol 1.6x avg |
VBL VBL | ₹459.05 | +0.17% | +0.2% vs prev close, vol 0.6x avg — flags: below 50DMA support |
VMM VMM | ₹109.87 | -1.92% | -1.9% vs prev close, vol 3.1x avg — flags: volume>2x avg, below 50DMA support |
WIPRO WIPRO | ₹174.85 | +0.23% | +0.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |