Daily Brief

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

Market Outlook

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.

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
11,315.500.14%
SUNPHARMASun Pharmaceutical
1,947.600.96%
TITANTitan Company
4,655.901.63%

Near 52-Week Low

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

Mid-Session

Mid-Session - Fri, 24 Jul, 2026, 16:01 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