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

TickerNameLTPChange
HEROMOTOCOHero MotoCorp5,163.10+3.53%
BAJAJ-AUTOBajaj Auto11,270.00+2.47%
M&MMahindra & Mahindra3,238.00+1.97%
EICHERMOTEicher Motors7,761.50+1.70%
VEDLVedanta266.70+1.68%

Top Losers

TickerNameLTPChange
INDUSINDBKIndusInd Bank1,013.95-5.18%
SRFSRF2,765.00-3.56%
DRREDDYDr. Reddy's Laboratories1,152.60-2.55%
NESTLEINDNestle India1,466.00-1.85%
ADANIENTAdani Enterprises3,115.60-1.02%

52-Week High & Low

Near 52-Week High

BAJAJ-AUTOBajaj Auto
11,270.000.22%
TITANTitan Company
4,689.900.91%
DIVISLABDivi's Laboratories
7,360.001.06%
SUNPHARMASun Pharmaceutical
1,940.901.30%
APOLLOHOSPApollo Hospitals
8,886.001.37%
PIDILITINDPidilite Industries
1,598.301.75%

Near 52-Week Low

HDFCLIFEHDFC Life Insurance
550.85+1.45%

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)

High
BRIGADEBRIGADE

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.

drawdown>3%below 50DMA support
High
NEWGENNEWGEN

A 4.0% drawdown on low volume (0.3x avg) indicates concentrated selling pressure without significant market support, pointing to specific weakness.

drawdown>3%
High
VMMVMM

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.

volume>2x avgbelow 50DMA support

Portfolio Scan

TickerPriceChangeNote
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