Substantial drawdown of 6.8% with 2.3 times the average volume suggests strong selling interest, unrelated to past ex-dividend.
Daily Brief
Daily Brief - Mon, 31 Aug, 2026, 14:14 IST
Market Outlook
Indian markets ended in the red across key indices, marked by broad-based weakness with 50 declines against only 8 advances. Significant selling from FIIs, particularly in sectors like Metal and IT, contributed to the negative close, though DIIs provided some support. Investors should brace for potential continuation of this cautious sentiment at the open.
Key Takeaways
- Nifty 50 closed down 0.59% at 24033.6, reflecting a negative market sentiment.
- Market breadth was weak with 50 declining stocks versus 8 advancing.
- Nifty Metal (-2.13%) and Nifty IT (-1.47%) were the biggest sectoral laggards.
- FIIs were net sellers of -5039.8cr, while DIIs were net buyers of 5183.93cr.
- ICICI Bank was a top gainer (+1.4%), countering losses from stocks like Adani Enterprises (-4.9%).
- Nifty Auto remained largely unchanged, outperforming other declining sectors.
FII / DII Activity
FII Net
−5,039.8 cr
DII Net
+5,183.93 cr
As of 2026-08-28
Market Cues
NIFTY 50
24,033.6
-0.59%SENSEX
76,924.16
-0.44%NASDAQ
26,402.424
-0.52%GOLD
4,508.9
-0.46%INDIA VIX
11.233
+5.17%Market Sectors
NIFTY BANK
57,318.45
-0.31%NIFTY IT
30,822.8
-1.47%NIFTY PHARMA
26,832
-0.59%NIFTY AUTO
28,850.75
-0.00%NIFTY METAL
13,237.9
-2.13%NIFTY ENERGY
37,700.3
-0.80%NIFTY REALTY
896
-1.41%NIFTY FIN SERVICE
28,278.3
-0.65%NIFTY FMCG
46,531.5
-0.61%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| ICICIBANK | ICICI Bank | 1,442.70 | +1.40% |
| GAIL | GAIL India | 172.35 | +0.73% |
| PIDILITIND | Pidilite Industries | 1,640.70 | +0.69% |
| GRASIM | Grasim Industries | 3,305.70 | +0.48% |
| BAJAJ-AUTO | Bajaj Auto | 11,966.00 | +0.47% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| ADANIENT | Adani Enterprises | 3,013.40 | -4.90% |
| VEDL | Vedanta | 278.95 | -3.13% |
| ADANIPORTS | Adani Ports & SEZ | 1,660.00 | -2.78% |
| TATASTEEL | Tata Steel | 181.99 | -2.42% |
| NTPC | NTPC | 323.70 | -1.92% |
52-Week High & Low
Near 52-Week High
Near 52-Week Low
Mid-Session
Mid-Session - Mon, 31 Aug, 2026, 21:45 IST
Session Summary
Genuine sell signals were identified for several stocks, including NEWGEN.BO, BHARTIARTL.NS, and ITC.NS, driven by significant price drops and high trading volumes.
Alerts(5)
Significant 3.7% drop on 2.4 times the average volume points to a genuine SELL signal reflecting substantial bearish sentiment.
The 3.9% decline with double the average volume indicates considerable selling pressure with no apparent recent news or ex-dividend event.
A moderate price drop (-1.7%) combined with exceptionally high volume (3.9x average) is a strong indicator of significant selling activity.
A moderate drop (-1.6%) with very high volume (2.8x average) indicates genuine selling pressure, unrelated to past ex-dividend.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,355.5 | -2.27% | -2.3% vs prev close, vol 0.8x avg — flags: below 50DMA support |
ACE ACE | ₹1,109.85 | -2.68% | -2.7% vs prev close, vol 0.7x avg |
AMBUJACEM AMBUJACEM | ₹401.15 | -2.65% | -2.6% vs prev close, vol 0.8x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,860.3 | +0.17% | +0.2% vs prev close, vol 0.2x avg |
ASTRAL ASTRAL | ₹1,522.2 | -0.66% | -0.7% vs prev close, vol 7.5x avg — flags: volume>2x avg |
BDL BDL | ₹1,275 | -2.34% | -2.3% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,811.9 | -3.75% | -3.7% vs prev close, vol 2.4x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
BRIGADE BRIGADE | ₹655.9 | +1.99% | +2.0% vs prev close, vol 0.3x avg |
BSOFT BSOFT | ₹291.15 | -3.27% | -3.3% vs prev close, vol 0.8x avg — flags: drawdown>3%, below 50DMA support |
CASTROLIND CASTROLIND | ₹184.55 | -0.38% | -0.4% vs prev close, vol 0.5x avg |
CENTRALBK CENTRALBK | ₹30.21 | -1.11% | -1.1% vs prev close, vol 0.9x avg — flags: below 50DMA support |
DALBHARAT DALBHARAT | ₹1,847.55 | +0.11% | +0.1% vs prev close, vol 2.7x avg — flags: volume>2x avg |
DIXON DIXON | ₹14,850 | +1.37% | +1.4% vs prev close, vol 0.5x avg |
DLF DLF | ₹691.05 | +1.65% | +1.7% vs prev close, vol 1.0x avg |
FIRSTCRY FIRSTCRY | ₹182.41 | -1.66% | -1.7% vs prev close, vol 3.9x avg — flags: volume>2x avg, below 50DMA support |
GODREJCP GODREJCP | ₹901.3 | -1.50% | -1.5% vs prev close, vol 0.4x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,244.1 | +1.73% | +1.7% vs prev close, vol 1.2x avg |
HCLTECH HCLTECH | ₹1,309 | -0.57% | -0.6% vs prev close, vol 0.6x avg |
HDFCBANK HDFCBANK | ₹709 | -1.57% | -1.6% vs prev close, vol 2.8x avg — flags: volume>2x avg, below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,550 | -0.98% | -1.0% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹1,015.45 | -2.12% | -2.1% vs prev close, vol 1.2x avg |
HINDUNILVR HINDUNILVR | ₹1,967.4 | -2.14% | -2.1% vs prev close, vol 1.6x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,454 | +2.19% | +2.2% vs prev close, vol 1.6x avg |
IIFL IIFL | ₹646.75 | -1.90% | -1.9% vs prev close, vol 0.6x avg |
INFY INFY | ₹1,133.8 | -0.89% | -0.9% vs prev close, vol 1.1x avg |
IREDA IREDA | ₹115.25 | -2.08% | -2.1% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ITC ITC | ₹255.5 | -3.95% | -3.9% vs prev close, vol 2.0x avg — flags: drawdown>3%, below 50DMA support |
ITCHOTELS ITCHOTELS | ₹160.09 | -1.62% | -1.6% vs prev close, vol 1.4x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,192.9 | +1.16% | +1.2% vs prev close, vol 0.9x avg |
JIOFIN JIOFIN | ₹241.35 | +1.24% | +1.2% vs prev close, vol 1.6x avg |
JKPAPER JKPAPER | ₹396.25 | +1.20% | +1.2% vs prev close, vol 0.9x avg |
JWL JWL | ₹240.3 | -2.00% | -2.0% vs prev close, vol 1.3x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹601 | -2.40% | -2.4% vs prev close, vol 0.4x avg |
KAMATHOTEL KAMATHOTEL | ₹225.09 | -1.41% | -1.4% vs prev close, vol 1.1x avg |
KOTAKBANK KOTAKBANK | ₹419.4 | -1.01% | -1.0% vs prev close, vol 1.6x avg |
LICI LICI | ₹418 | -0.95% | -0.9% vs prev close, vol 0.3x avg |
LODHA LODHA | ₹1,232.3 | -3.20% | -3.2% vs prev close, vol 0.6x avg — flags: drawdown>3% |
M&M M&M | ₹3,321 | -0.34% | -0.3% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,399 | +0.49% | +0.5% vs prev close, vol 0.2x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹1,042.1 | +2.76% | +2.8% vs prev close, vol 0.8x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹528.75 | -6.81% | -6.8% vs prev close, vol 2.3x avg — flags: drawdown>3%, volume>2x avg |
NHPC NHPC | ₹75 | -0.46% | -0.5% vs prev close, vol 0.9x avg — flags: below 50DMA support |
PRESTIGE PRESTIGE | ₹1,633 | +2.83% | +2.8% vs prev close, vol 1.4x avg |
PSB PSB | ₹22.88 | -1.34% | -1.3% vs prev close, vol 1.6x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,207.7 | -1.08% | -1.1% vs prev close, vol 0.9x avg |
RELIANCE RELIANCE | ₹1,285 | +0.05% | +0.0% vs prev close, vol 1.0x avg |
SBIN SBIN | ₹1,060 | +1.19% | +1.2% vs prev close, vol 0.5x avg |
TATASTEEL TATASTEEL | ₹184 | -1.18% | -1.2% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,399.3 | +2.45% | +2.4% vs prev close, vol 1.1x avg |
TMPV TMPV | ₹316.5 | -0.78% | -0.8% vs prev close, vol 0.4x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,341.3 | +0.86% | +0.9% vs prev close, vol 1.7x avg |
ULTRACEMCO ULTRACEMCO | ₹11,450 | -1.20% | -1.2% vs prev close, vol 1.7x avg — flags: below 50DMA support |
VBL VBL | ₹400.45 | -3.27% | -3.3% vs prev close, vol 1.4x avg — flags: drawdown>3%, below 50DMA support |
VMM VMM | ₹110.64 | +3.40% | +3.4% vs prev close, vol 0.9x avg |
WIPRO WIPRO | ₹182.2 | +1.00% | +1.0% vs prev close, vol 1.4x avg |