Shares plummeted due to the unexpected resignation of its CEO, Sudhir Sitapati, just months after his reappointment, raising significant investor uncertainty and leading to broker downgrades.
Daily Report
Daily Report - Wed, 12 Aug, 2026, 09:50 IST
Market Summary
Indian markets ended with a slight negative bias yesterday, as NIFTY 50 and SENSEX posted minor losses. However, NIFTY BANK showed resilience with a positive close, contrasting with broader market weakness reflected in the negative advance-decline ratio. FIIs and DIIs were net buyers, which could offer some underlying support at the open.
Key Takeaways
- NIFTY 50 and SENSEX closed with minor losses of -0.30% and -0.09% respectively.
- NIFTY BANK was a standout performer, gaining +0.30%, while NIFTY METAL also saw strong gains of +0.88%.
- Market breadth was weak, with only 18 advances against 40 declines.
- FIIs were net buyers of 258.55 cr, alongside DII buying of 24.77 cr.
- HINDALCO.NS (+3.3%) and GRASIM.NS (+1.4%) were among the top gainers.
- APOLLOHOSP.NS (-1.5%) and BAJAJFINSV.NS (-1.1%) were notable losers.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI MPC keeps repo rate unchanged at 5.25%
- Global Cues - Reuters
Global markets cautious, Asian markets mixed, US futures flat
- Earnings - Moneycontrol
Bata India reports 23.1% jump in Q1 net profit, declares interim dividend
BATAINDIA - Sectoral - Moneycontrol
Indian benchmarks decline, Financials and Glass sectors hit while IT and Pharma show strength
- Corporate Actions - Business Standard
Clean Max Enviro Energy Solutions to provide Rs. 92 crore corporate guarantee
- Stocks in Focus - Moneycontrol
Tenneco Clean Air, BEML, HG Infra, L&T in focus due to corporate updates
BEML, HGINFRA, LT - Macro & Policy - Reuters
India's July CPI inflation expected to rise to 4.50%
- Global Cues - Reuters
Brent crude futures near $90 amid Strait of Hormuz tensions
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| GOPALSN | Motilal Oswal | buy | 390 | Distribution expansion and strong demand |
| CELLO | Motilal Oswal | buy | 480 | Anticipated demand recovery from Q2FY27 |
| LEMONTREE | Motilal Oswal | buy | 140 | Hotel expansion and rising management-fee income |
| JSWENERGY | Mehul Kothari, DVP - Tech | buy | — | Recommended for today |
| GMDC | Mehul Kothari, DVP - Tech | buy | — | Recommended for today |
| IRCTC | Mehul Kothari, DVP - Tech | buy | — | Recommended for today |
| AFFLE | Sumeet Bagadia, Choice Broking | buy | — | Breakout stock |
| DYNAMIC | Sumeet Bagadia, Choice Broking | buy | — | Breakout stock |
| THYROCARE | Sumeet Bagadia, Choice Broking | buy | — | Breakout stock |
| SANATHAN | Sumeet Bagadia, Choice Broking | buy | — | Breakout stock |
| AETHER | Sumeet Bagadia, Choice Broking | buy | — | Breakout stock |
| HPLELECTRO | ICICI Direct | buy | — | Buy recommendation with profit potential |
| ASTRAMICRO | ICICI Direct | buy | — | Buy recommendation with profit potential |
| HINDALCO | ICICI Direct | buy | — | Buy recommendation with profit potential |
| GLAND | ICICI Direct | buy | — | Buy recommendation with profit potential |
| GREENLAM | ICICI Direct | buy | — | Buy recommendation with profit potential |
| NRBBEARING | ICICI Direct | buy | — | Buy recommendation with profit potential |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-08-12 | GRASIM | results | Grasim |
| 2026-08-12 | APOLLOHOSP | results | Apollo Hospitals |
| 2026-08-13 | 3MINDIA | results | 3M India Ltd. |
| 2026-08-13 | LAKSHMIMIL | results | Lakshmi Mills Company Ltd. |
| 2026-08-13 | CHOLAFIN | results | Cholamandalam Financial Holdings Ltd. |
| 2026-08-13 | ALKEM | results | Alkem Laboratories Ltd. |
| 2026-08-13 | KRYPTONIND | results | Krypton Industries Ltd. |
| 2026-08-13 | SAMRATPHAR | results | Samrat Pharmachem Ltd. |
| 2026-08-13 | RAUNAQINT | results | Raunaq International Ltd. |
| 2026-08-12 | KPITTECH | dividend | KPIT Technologies Ltd |
| 2026-08-12 | NHITRUST | dividend | National Highways Infra Trust |
| 2026-08-13 | POWERGRID | dividend | Power Grid |
| 2026-08-14 | IOC | dividend | IOC |
| 2026-08-14 | APOLLOHOSP | dividend | Apollo Hospitals |
| 2026-08-18 | SPICEISL | split | Spice Islands Industries Ltd |
| 2026-08-12 | HCLTECH | agm | HCL Technologies |
| 2026-08-14 | SBILIFE | agm | SBI Life Insurance |
| 2026-08-17 | ULTRACEMCO | agm | Ultratech Cement |
| 2026-08-20 | EICHERMOT | agm | Eicher Motors |
| 2026-08-21 | ICICIBANK | agm | ICICI Bank |
| 2026-08-21 | GRASIM | agm | Grasim |
| 2026-08-24 | NSE | agm | National Stock Exchange of India Limited |
| 2026-08-25 | APOLLOHOSP | agm | Apollo Hospitals |
| 2026-08-26 | ETERNALLTD | agm | Eternal Ltd |
| 2026-08-26 | JIOFIN | agm | Jio Financial Services |
| 2026-08-27 | INDUSINDBK | agm | Indusind Bank |
| 2026-08-28 | BEL | agm | Bharat Electronics |
| 2026-08-17 | BIZOTIC | bonus | Bizotic Commercial Ltd |
| 2026-08-19 | ORGRCYC | bonus | Organic Recycling Systems Ltd |
FII / DII Activity
FII Net
+258.55 cr
DII Net
+24.77 cr
As of 2026-08-11
Market Cues
NIFTY 50
24,399.1
-0.30%SENSEX
78,081.47
-0.09%NASDAQ
26,445.445
-0.60%GOLD
4,427.8
+0.18%INDIA VIX
11.815
-0.34%Market Sectors
NIFTY BANK
57,617.75
+0.30%NIFTY IT
31,668.25
-0.49%NIFTY PHARMA
26,641.35
-0.41%NIFTY AUTO
29,412.6
-0.16%NIFTY METAL
13,216.35
+0.88%NIFTY ENERGY
38,676.95
-0.08%NIFTY REALTY
879.7
-1.06%NIFTY FIN SERVICE
28,730.35
-0.34%NIFTY FMCG
48,407.6
-0.78%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HINDALCO | Hindalco Industries | 1,083.25 | +3.26% |
| GRASIM | Grasim Industries | 3,368.50 | +1.39% |
| SBIN | State Bank of India | 1,080.60 | +1.37% |
| IOC | Indian Oil | 141.35 | +0.96% |
| VEDL | Vedanta | 276.70 | +0.62% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| APOLLOHOSP | Apollo Hospitals | 8,618.50 | -1.51% |
| BAJAJFINSV | Bajaj Finserv | 2,009.10 | -1.13% |
| DABUR | Dabur India | 408.15 | -1.09% |
| TITAN | Titan Company | 5,075.00 | -1.03% |
| DRREDDY | Dr. Reddy's Laboratories | 1,192.60 | -1.03% |
52-Week High & Low
Near 52-Week High
Near 52-Week Low
Market Close & Portfolio Surveillance
Session Summary
Six portfolio holdings, including Godrej Consumer Products and TCS, are identified as genuine sell signals today due to significant corporate governance events, sustained downtrends, or technical breakdowns amidst a generally lower market.
Alerts(6)
Hit a fresh 52-week low and two-year low, declining 12% over the last month due to foreign investor exodus and concerns over net interest margins and funding costs.
Among top losers with a 3.2% drawdown and higher-than-average volume, breaking its 50DMA, suggesting active selling pressure.
Shares plunged due to the resignation of N. Chandrasekaran as Tata Sons chairman, a major corporate governance event impacting Tata Group companies.
Shares fell due to the resignation of N. Chandrasekaran as Tata Sons chairman, impacting multiple Tata Group entities.
Notable 2.9% drop with slightly above-average volume and breached its 50DMA, suggesting a significant technical breakdown or reaction to broader negative sentiment.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,377.1 | -1.69% | -1.7% vs prev close, vol 0.4x avg |
ACE ACE | ₹1,099.9 | +2.43% | +2.4% vs prev close, vol 0.5x avg |
AMBUJACEM AMBUJACEM | ₹422.1 | -0.45% | -0.4% vs prev close, vol 1.7x avg |
APOLLOHOSP APOLLOHOSP | ₹8,590.05 | -1.84% | -1.8% vs prev close, vol 1.6x avg |
ASTRAL ASTRAL | ₹1,458.4 | +2.35% | +2.4% vs prev close, vol 0.8x avg |
BDL BDL | ₹1,323.45 | +1.26% | +1.3% vs prev close, vol 1.0x avg |
BHARTIARTL BHARTIARTL | ₹1,904.8 | -0.54% | -0.5% vs prev close, vol 1.4x avg |
BRIGADE BRIGADE | ₹594.05 | -1.81% | -1.8% vs prev close, vol 0.3x avg |
BSOFT BSOFT | ₹314 | -2.00% | -2.0% vs prev close, vol 0.5x avg |
CASTROLIND CASTROLIND | ₹188.75 | +0.99% | +1.0% vs prev close, vol 1.6x avg |
CENTRALBK CENTRALBK | ₹31.26 | +0.13% | +0.1% vs prev close, vol 2.1x avg — flags: volume>2x avg |
DALBHARAT DALBHARAT | ₹1,831 | +0.22% | +0.2% vs prev close, vol 0.1x avg |
DIXON DIXON | ₹13,721 | -2.15% | -2.2% vs prev close, vol 0.6x avg |
DLF DLF | ₹658 | +1.22% | +1.2% vs prev close, vol 0.7x avg |
FIRSTCRY FIRSTCRY | ₹214.55 | +0.22% | +0.2% vs prev close, vol 0.7x avg |
GODREJCP GODREJCP | ₹909.4 | -11.28% | -11.3% vs prev close, vol 12.4x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
HAVELLS HAVELLS | ₹1,261.2 | -1.04% | -1.0% vs prev close, vol 0.3x avg |
HCLTECH HCLTECH | ₹1,357.8 | -0.23% | -0.2% vs prev close, vol 0.1x avg |
HDFCBANK HDFCBANK | ₹729 | 0.00% | +0.0% vs prev close, vol 0.8x avg — flags: below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,874.5 | +0.85% | +0.8% vs prev close, vol 1.1x avg |
HINDALCO HINDALCO | ₹1,075.45 | +2.51% | +2.5% vs prev close, vol 1.6x avg |
HINDUNILVR HINDUNILVR | ₹2,055 | -0.48% | -0.5% vs prev close, vol 0.5x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,426.9 | -0.19% | -0.2% vs prev close, vol 0.6x avg |
IIFL IIFL | ₹625.15 | +0.95% | +1.0% vs prev close, vol 0.3x avg |
INFY INFY | ₹1,170.1 | -1.73% | -1.7% vs prev close, vol 0.5x avg |
IREDA IREDA | ₹117.7 | -0.80% | -0.8% vs prev close, vol 0.7x avg — flags: below 50DMA support |
ITC ITC | ₹277.25 | -0.63% | -0.6% vs prev close, vol 0.7x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹168.55 | +0.99% | +1.0% vs prev close, vol 0.5x avg |
JINDALSTEL JINDALSTEL | ₹1,102.5 | +0.68% | +0.7% vs prev close, vol 0.4x avg |
JIOFIN JIOFIN | ₹254.05 | +0.51% | +0.5% vs prev close, vol 0.6x avg |
JKPAPER JKPAPER | ₹389.95 | -0.18% | -0.2% vs prev close, vol 0.3x avg |
JWL JWL | ₹259 | -1.22% | -1.2% vs prev close, vol 0.2x avg |
KALYANKJIL KALYANKJIL | ₹599.5 | -0.45% | -0.4% vs prev close, vol 0.3x avg |
KAMATHOTEL KAMATHOTEL | ₹178.05 | +1.16% | +1.2% vs prev close, vol 1.5x avg |
KOTAKBANK KOTAKBANK | ₹393.5 | +0.15% | +0.2% vs prev close, vol 0.7x avg |
LICI LICI | ₹415.1 | +2.24% | +2.2% vs prev close, vol 1.2x avg |
LODHA LODHA | ₹1,199.1 | -1.20% | -1.2% vs prev close, vol 0.3x avg |
M&M M&M | ₹3,420.4 | -1.63% | -1.6% vs prev close, vol 1.1x avg |
MANKIND MANKIND | ₹2,423 | -0.08% | -0.1% vs prev close, vol 0.3x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹1,007 | -3.17% | -3.2% vs prev close, vol 1.6x avg — flags: drawdown>3%, below 50DMA support |
NEWGEN NEWGEN | ₹532.5 | -4.04% | -4.0% vs prev close, vol 0.3x avg — flags: drawdown>3% |
NHPC NHPC | ₹76.55 | -0.30% | -0.3% vs prev close, vol 0.3x avg |
PRESTIGE PRESTIGE | ₹1,582.6 | -0.21% | -0.2% vs prev close, vol 0.3x avg |
PSB PSB | ₹23.67 | -0.38% | -0.4% vs prev close, vol 0.8x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,181.4 | +1.83% | +1.8% vs prev close, vol 0.5x avg |
RELIANCE RELIANCE | ₹1,318.85 | -0.18% | -0.2% vs prev close, vol 0.7x avg |
SBIN SBIN | ₹1,081.5 | +1.45% | +1.5% vs prev close, vol 1.4x avg |
TATASTEEL TATASTEEL | ₹184.9 | -1.86% | -1.9% vs prev close, vol 0.9x avg |
TCS TCS | ₹2,338 | -4.40% | -4.4% vs prev close, vol 1.7x avg — flags: drawdown>3% |
TMPV TMPV | ₹341.95 | -2.02% | -2.0% vs prev close, vol 1.7x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,354.1 | -1.04% | -1.0% vs prev close, vol 0.5x avg |
ULTRACEMCO ULTRACEMCO | ₹11,788 | +0.07% | +0.1% vs prev close, vol 1.0x avg |
VBL VBL | ₹437.75 | +0.17% | +0.2% vs prev close, vol 0.2x avg — flags: below 50DMA support |
VMM VMM | ₹107.06 | -2.89% | -2.9% vs prev close, vol 1.1x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹182.95 | -0.52% | -0.5% vs prev close, vol 0.4x avg |