Daily Report

Daily Report - Fri, 24 Jul, 2026, 11:02 IST

Market Summary

Indian markets are poised for a cautious open following a broad-based decline across major indices yesterday, with NIFTY 50 and SENSEX both closing over 1% lower. The negative market breadth and significant FII outflows suggest continued selling pressure. Investors should brace for potential weakness, especially in sectors that saw sharp corrections.

Key Takeaways

  • NIFTY 50 and SENSEX closed down over 1%.
  • Market breadth was overwhelmingly negative (9 adv / 49 dec).
  • Auto, Realty, and Metal sectors experienced the sharpest declines.
  • FMCG and Pharma sectors showed relative resilience amidst the broader sell-off.
  • FIIs were net sellers (-2999.23cr), largely offset by DII buying (+2947.14cr).
  • HEROMOTOCO, BHARTIARTL, M&M, INFY, and BAJFINANCE were among the top losers.

Top Stories & Market Intelligence

  • Macro & Policy - RBI Bulletin

    India remains among fastest-growing major economies, sustained by strong economic activities: RBI

  • Global Cues - Business Standard

    Indian market poised for cautious opening amid global geopolitical tensions and FII selling

    NIFTY, SENSEX
  • Earnings - Economic Times

    Infosys reports 12.2% YoY net profit rise in Q1 FY27, trims full-year revenue forecast

    INFY
  • Sectoral - Moneycontrol

    Indian benchmarks decline for fourth consecutive session; Real Estate, Capital Markets, Banking lead falls

    NIFTYREALTY, NIFTYFIN, NIFTYBANK
  • Corporate Actions - Livemint

    Shadowfax Technologies expects block deals worth over ₹1,000 crore

  • Stocks in Focus - Economic Times

    Infosys, IndiGo, Cipla, NTPC, Suryoday SFB, and Meesho in focus post Q1 FY27 earnings

    INFY, INDIGO, CIPLA, NTPC, SURYODAY
  • Macro & Policy - RBI Bulletin

    Centre's fiscal deficit higher during April-May 2026-27 compared to previous year

  • Global Cues - Reuters

    Asian equities decline; US markets see broad-based selling

Street Consensus & Brokerage Radar

TickerBrokerageActionTargetRationale
KABRAEXTRUChoice Brokingbuy375Analyst recommendation based on technical factors
ASKAUTOMOTChoice Brokingbuy535Analyst recommendation based on technical factors
PRICOLLTDChoice Brokingbuy666Analyst recommendation based on technical factors
NUVAMAChoice Brokingbuy2,100Analyst recommendation based on technical factors
MANALIPETROChoice Brokingbuy70Analyst recommendation based on technical factors
NAM-INDIAEmkaybuy1,350Analyst recommendation
INDUSINDBKEmkaybuy1,200Analyst recommendation
EMCUREEmkaybuy2,260Initiated coverage
MEDPLUSNuvamabuy825Analyst recommendation
ADANIPOWERJM Financialbuy253Analyst recommendation
JSWENERGYJM Financialbuy660Analyst recommendation
HCLTECHMotilal Oswal Financial Servicesbuy1,450Analyst recommendation
GRASIMMotilal Oswal Financial Servicesbuy3,770Analyst recommendation
INDHOTELMotilal Oswal Financial Servicesbuy870Analyst recommendation
EMCUREMotilal Oswal Financial Servicesbuy2,260Initiated coverage
MANAPPURAMMotilal Oswal Financial Servicesbuy—Analyst recommendation
MANORAMAMarketSmith Indiabuy1,840Research-based buy recommendation for today
KPRMILLMarketSmith Indiabuy1,380Research-based buy recommendation for today
BHARATFORGSBI Securitiesaccumulate2,350Accumulate in specified zone based on technical analysis
BAJFINANCESBI Securitiesaccumulate1,135Accumulate in specified zone based on technical analysis

Corporate Actions & Calendar

DateTickerTypeName
2026-07-24DALBHARATresultsDalmia Bharat
2026-07-29FORCEMOTresultsForce Motors
2026-07-24BHARTIARTLdividendBharti Airtel
2026-07-31EICHERMOTdividendEicher Motors
2026-08-03ICICIBANKdividendICICI Bank
2026-08-07MARUTIdividendMaruti Suzuki
2026-08-07GRASIMdividendGrasim Industries
2026-08-03BHARTIARTLagmBharti Airtel

FII / DII Activity

FII Net

−2,999.23 cr

DII Net

+2,947.14 cr

As of 2026-07-23

Market Cues

NIFTY 50

23,629.95

-1.00%

SENSEX

75,607.59

-1.03%

NASDAQ

25,137.693

-2.15%

GOLD

4,052.3

-2.40%

INDIA VIX

14.545

+7.94%

Market Sectors

NIFTY BANK

56,122.65

-0.83%

NIFTY IT

28,279.7

-0.89%

NIFTY PHARMA

25,501.15

-0.59%

NIFTY AUTO

27,082.45

-1.59%

NIFTY METAL

12,306.95

-1.31%

NIFTY ENERGY

38,716.75

-0.84%

NIFTY REALTY

872.25

-1.63%

NIFTY FIN SERVICE

28,140.8

-0.94%

NIFTY FMCG

48,999.05

-0.07%

Top Gainers & Losers

Top Gainers

TickerNameLTPChange
CIPLACipla1,424.50+2.26%
SRFSRF2,674.20+1.96%
HAVELLSHavells India1,219.90+0.83%
ITCITC282.30+0.36%
BAJAJ-AUTOBajaj Auto11,315.50+0.28%

Top Losers

TickerNameLTPChange
HEROMOTOCOHero MotoCorp5,003.00-3.30%
BHARTIARTLBharti Airtel1,881.50-2.56%
M&MMahindra & Mahindra3,148.20-2.52%
INFYInfosys1,021.30-2.49%
BAJFINANCEBajaj Finance1,014.00-2.48%

52-Week High & Low

Near 52-Week High

BAJAJ-AUTOBajaj Auto
11,315.50−0.14%
SUNPHARMASun Pharmaceutical
1,947.60−0.96%
TITANTitan Company
4,655.90−1.63%

Near 52-Week Low

HDFCLIFEHDFC Life Insurance
551.40+1.55%
RELIANCEReliance Industries
1,273.30+1.88%
HDFCBANKHDFC Bank
741.00+1.97%
Session Close Surveillance

Market Close & Portfolio Surveillance

16:15 IST

Session Summary

Indian market is down due to inflation, crude prices, and FII selling, with sell signals for Dalmia Bharat (Q1 PAT decline), Hindalco (metal sector weakness), and Infosys (revenue guidance cut).

Alerts(3)

High
DALBHARATDALBHARAT

Dalmia Bharat's board approved Q1 FY27 results, reporting PAT decline due to one-off acquisition costs, leading to a significant price drop on high volume.

volume>2x avg
Medium
HINDALCOHINDALCO

Hindalco is among top losers in the broadly underperforming Nifty Metal sector, with TMT steel product prices decreasing month-on-month.

below 50DMA support
High
INFYINFY

Infosys shares declined significantly after the company tempered its full-year revenue forecast for FY27 due to macroeconomic uncertainty, leading to analyst downgrades.

volume>2x avgbelow 50DMA support

Portfolio Scan

TickerPriceChangeNote
ABREL
ABREL
₹1,374.2-1.71%-1.7% vs prev close, vol 0.6x avg
ACE
ACE
₹1,040.15+6.26%+6.3% vs prev close, vol 2.3x avg — flags: volume>2x avg
AMBUJACEM
AMBUJACEM
₹425.15+0.38%+0.4% vs prev close, vol 0.6x avg
APOLLOHOSP
APOLLOHOSP
₹8,804.3-0.85%-0.9% vs prev close, vol 0.2x avg
ASTRAL
ASTRAL
₹1,468.1+3.87%+3.9% vs prev close, vol 1.3x avg
BDL
BDL
₹1,242.4+0.20%+0.2% vs prev close, vol 0.7x avg — flags: below 50DMA support
BHARTIARTL
BHARTIARTL
₹1,898.2-1.70%-1.7% vs prev close, vol 0.7x avg
BRIGADE
BRIGADE
₹525.4-0.25%-0.2% vs prev close, vol 0.2x avg
BSOFT
BSOFT
₹282.5+1.29%+1.3% vs prev close, vol 0.3x avg — flags: below 50DMA support
CASTROLIND
CASTROLIND
₹184.85-0.22%-0.2% vs prev close, vol 0.5x avg
CENTRALBK
CENTRALBK
₹31.03+0.23%+0.2% vs prev close, vol 1.0x avg — flags: below 50DMA support
DALBHARAT
DALBHARAT
₹1,808.75-2.51%-2.5% vs prev close, vol 2.6x avg — flags: volume>2x avg
DIXON
DIXON
₹13,846+0.12%+0.1% vs prev close, vol 0.4x avg
DLF
DLF
₹645.2+0.47%+0.5% vs prev close, vol 0.4x avg
FIRSTCRY
FIRSTCRY
₹208.3-0.50%-0.5% vs prev close, vol 0.2x avg — flags: below 50DMA support
GODREJCP
GODREJCP
₹1,059.5+0.09%+0.1% vs prev close, vol 0.5x avg
HAVELLS
HAVELLS
₹1,226.9+1.41%+1.4% vs prev close, vol 0.7x avg
HCLTECH
HCLTECH
₹1,270.7+2.08%+2.1% vs prev close, vol 6.2x avg — flags: volume>2x avg
HDFCBANK
HDFCBANK
₹742.8-0.60%-0.6% vs prev close, vol 0.7x avg — flags: below 50DMA support
HEROMOTOCO
HEROMOTOCO
₹5,010.8-3.15%-3.2% vs prev close, vol 1.6x avg — flags: drawdown>3%
HINDALCO
HINDALCO
₹942.8-1.34%-1.3% vs prev close, vol 0.9x avg — flags: below 50DMA support
HINDUNILVR
HINDUNILVR
₹2,145-0.78%-0.8% vs prev close, vol 0.9x avg
ICICIBANK
ICICIBANK
₹1,432.9-0.12%-0.1% vs prev close, vol 0.8x avg
IIFL
IIFL
₹556.55-2.15%-2.1% vs prev close, vol 0.6x avg
INFY
INFY
₹1,040.9-0.62%-0.6% vs prev close, vol 2.1x avg — flags: volume>2x avg, below 50DMA support
IREDA
IREDA
₹120.5+0.79%+0.8% vs prev close, vol 1.1x avg — flags: below 50DMA support
ITC
ITC
₹283.45+0.76%+0.8% vs prev close, vol 1.7x avg
ITCHOTELS
ITCHOTELS
₹159.92-1.24%-1.2% vs prev close, vol 0.7x avg — flags: below 50DMA support
JINDALSTEL
JINDALSTEL
₹1,035.8-0.59%-0.6% vs prev close, vol 0.3x avg — flags: below 50DMA support
JIOFIN
JIOFIN
₹234.71+0.66%+0.7% vs prev close, vol 0.6x avg
JKPAPER
JKPAPER
₹401.45+2.53%+2.5% vs prev close, vol 1.1x avg
JWL
JWL
₹246.7+0.35%+0.3% vs prev close, vol 0.7x avg — flags: below 50DMA support
KALYANKJIL
KALYANKJIL
₹573.55-2.06%-2.1% vs prev close, vol 0.3x avg
KAMATHOTEL
KAMATHOTEL
₹169.11-0.31%-0.3% vs prev close, vol 0.2x avg — flags: below 50DMA support
KOTAKBANK
KOTAKBANK
₹384.75+0.37%+0.4% vs prev close, vol 0.7x avg
LICI
LICI
₹421.3-0.02%-0.0% vs prev close, vol 0.3x avg
LODHA
LODHA
₹1,144.4-0.19%-0.2% vs prev close, vol 0.2x avg
M&M
M&M
₹3,161-2.10%-2.1% vs prev close, vol 0.7x avg
MANKIND
MANKIND
₹2,505.4-2.02%-2.0% vs prev close, vol 0.3x avg
MAXHEALTH
MAXHEALTH
₹1,080.4-0.35%-0.4% vs prev close, vol 0.5x avg
NEWGEN
NEWGEN
₹505.65-0.92%-0.9% vs prev close, vol 0.2x avg
NHPC
NHPC
₹79.4-1.07%-1.1% vs prev close, vol 0.5x avg
PRESTIGE
PRESTIGE
₹1,592.8-1.92%-1.9% vs prev close, vol 0.9x avg
PSB
PSB
₹23.76-1.49%-1.5% vs prev close, vol 0.5x avg — flags: below 50DMA support
PVRINOX
PVRINOX
₹1,063.95+5.61%+5.6% vs prev close, vol 5.2x avg — flags: volume>2x avg
RELIANCE
RELIANCE
₹1,278.15+0.22%+0.2% vs prev close, vol 0.7x avg
SBIN
SBIN
₹1,015+0.24%+0.2% vs prev close, vol 1.2x avg
TATASTEEL
TATASTEEL
₹182.7-0.84%-0.8% vs prev close, vol 0.7x avg
TCS
TCS
₹2,254.3+0.51%+0.5% vs prev close, vol 0.7x avg
TMPV
TMPV
₹323.85-0.12%-0.1% vs prev close, vol 0.4x avg — flags: below 50DMA support
TVSMOTOR
TVSMOTOR
₹3,870.2-1.27%-1.3% vs prev close, vol 1.0x avg
ULTRACEMCO
ULTRACEMCO
₹11,846-0.52%-0.5% vs prev close, vol 0.8x avg
VBL
VBL
₹457.2-0.40%-0.4% vs prev close, vol 0.5x avg — flags: below 50DMA support
VMM
VMM
₹108.04-1.67%-1.7% vs prev close, vol 1.0x avg — flags: below 50DMA support
WIPRO
WIPRO
₹177.15+1.32%+1.3% vs prev close, vol 0.9x avg — flags: below 50DMA support