Multiple company-specific headwinds including CEO succession uncertainty, potential US class-action lawsuit, alleged mis-selling concerns, and a significant drop in Nifty weight.
Daily Brief
Daily Brief - Wed, 2 Sept, 2026, 12:40 IST
Market Outlook
The Indian market witnessed broad-based selling across most sectors, with Nifty 50 and Sensex closing down around 0.85%. The Auto sector was a significant laggard, while the Energy sector showed minor resilience. Despite the negative market sentiment, both FIIs and DIIs recorded net buying activity.
Key Takeaways
- Nifty 50 and Sensex closed lower by approximately 0.85% each.
- Nifty Auto was the worst-performing sector, down nearly 3%, with auto stocks dominating top losers.
- Energy was the only sector in positive territory, albeit marginally (+0.07%).
- Market breadth was significantly negative with 13 advances against 45 declines.
- Both FIIs (1143.38cr) and DIIs (1846.94cr) recorded net buying activity.
- VIX remained low at 11.71, indicating stable volatility expectations.
FII / DII Activity
FII Net
+1,143.38 cr
DII Net
+1,846.94 cr
As of 2026-09-01
Market Cues
NIFTY 50
23,852.35
-0.85%SENSEX
76,300.9
-0.84%NASDAQ
26,099.773
-1.03%GOLD
4,373.7
-0.52%INDIA VIX
11.71
+4.65%Market Sectors
NIFTY BANK
57,071.7
-0.59%NIFTY IT
31,032.45
-1.47%NIFTY PHARMA
26,696.7
-0.36%NIFTY AUTO
27,654.75
-2.94%NIFTY METAL
13,111.65
-0.59%NIFTY ENERGY
37,833.5
+0.07%NIFTY REALTY
881.2
-1.13%NIFTY FIN SERVICE
27,892.85
-0.95%NIFTY FMCG
46,268.8
-0.41%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| JSWENERGY | JSW Energy | 537.35 | +3.74% |
| COALINDIA | Coal India | 415.45 | +3.45% |
| TATAPOWER | Tata Power | 360.60 | +2.87% |
| ADANIPORTS | Adani Ports & SEZ | 1,667.40 | +1.21% |
| POWERGRID | Power Grid Corp | 267.40 | +1.08% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HEROMOTOCO | Hero MotoCorp | 5,232.50 | -5.81% |
| EICHERMOT | Eicher Motors | 7,529.50 | -5.53% |
| BAJAJ-AUTO | Bajaj Auto | 12,000.00 | -2.92% |
| M&M | Mahindra & Mahindra | 3,164.60 | -2.90% |
| HAVELLS | Havells India | 1,187.90 | -2.85% |
52-Week High & Low
Near 52-Week High
No stocks within 2% of their 52-week high.
Near 52-Week Low
Mid-Session
Mid-Session - Wed, 2 Sept, 2026, 18:21 IST
Session Summary
Amidst a broad market decline, HDFC Bank, Hero MotoCorp, and FirstCry are identified as genuine sell signals due to company-specific issues or significant negative price and volume action.
Alerts(3)
Mixed August sales data (decline in motorcycle and export sales) amplified by Nifty Auto sector weakness due to higher crude oil prices.
Substantial price drop on high volume in a weak market, indicating significant selling pressure despite no specific company news.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,331.1 | -1.91% | -1.9% vs prev close, vol 0.4x avg — flags: below 50DMA support |
ACE ACE | ₹1,091.5 | -0.03% | -0.0% vs prev close, vol 0.4x avg |
AMBUJACEM AMBUJACEM | ₹402.7 | +0.12% | +0.1% vs prev close, vol 0.5x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,715 | -0.55% | -0.5% vs prev close, vol 0.5x avg |
ASTRAL ASTRAL | ₹1,487 | -1.33% | -1.3% vs prev close, vol 0.7x avg |
BDL BDL | ₹1,254 | +0.32% | +0.3% vs prev close, vol 0.3x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,862.8 | -0.77% | -0.8% vs prev close, vol 0.6x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹639.9 | -0.88% | -0.9% vs prev close, vol 0.3x avg |
BSOFT BSOFT | ₹294.4 | -0.52% | -0.5% vs prev close, vol 0.8x avg |
CASTROLIND CASTROLIND | ₹186.05 | +0.05% | +0.1% vs prev close, vol 0.3x avg |
CENTRALBK CENTRALBK | ₹30.38 | +0.30% | +0.3% vs prev close, vol 0.7x avg — flags: below 50DMA support |
DALBHARAT DALBHARAT | ₹1,769.7 | -2.16% | -2.2% vs prev close, vol 1.2x avg — flags: below 50DMA support |
DIXON DIXON | ₹14,590 | +0.89% | +0.9% vs prev close, vol 0.6x avg |
DLF DLF | ₹673.55 | -0.24% | -0.2% vs prev close, vol 1.2x avg |
FIRSTCRY FIRSTCRY | ₹170.82 | -3.86% | -3.9% vs prev close, vol 1.9x avg — flags: drawdown>3%, below 50DMA support |
GODREJCP GODREJCP | ₹905 | 0.00% | +0.0% vs prev close, vol 0.4x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,193 | -2.44% | -2.4% vs prev close, vol 1.0x avg — flags: below 50DMA support |
HCLTECH HCLTECH | ₹1,330.9 | -1.49% | -1.5% vs prev close, vol 0.7x avg |
HDFCBANK HDFCBANK | ₹700.8 | -1.56% | -1.6% vs prev close, vol 1.3x avg — flags: below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,309 | -4.26% | -4.3% vs prev close, vol 1.9x avg — flags: drawdown>3% |
HINDALCO HINDALCO | ₹1,009.7 | -0.46% | -0.5% vs prev close, vol 0.4x avg |
HINDUNILVR HINDUNILVR | ₹1,975 | -0.99% | -1.0% vs prev close, vol 1.3x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,426.5 | -0.80% | -0.8% vs prev close, vol 0.9x avg |
IIFL IIFL | ₹633.25 | -0.92% | -0.9% vs prev close, vol 1.8x avg |
INFY INFY | ₹1,140 | -1.38% | -1.4% vs prev close, vol 1.0x avg |
IREDA IREDA | ₹112.45 | -1.62% | -1.6% vs prev close, vol 1.4x avg — flags: below 50DMA support |
ITC ITC | ₹266.3 | -0.11% | -0.1% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹158.63 | -1.83% | -1.8% vs prev close, vol 1.6x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,159.4 | -0.05% | -0.1% vs prev close, vol 0.9x avg |
JIOFIN JIOFIN | ₹236.9 | +0.45% | +0.4% vs prev close, vol 1.3x avg — flags: below 50DMA support |
JKPAPER JKPAPER | ₹395.2 | -1.46% | -1.5% vs prev close, vol 2.3x avg — flags: volume>2x avg |
JWL JWL | ₹239.45 | -1.12% | -1.1% vs prev close, vol 0.5x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹590 | +2.97% | +3.0% vs prev close, vol 1.8x avg |
KAMATHOTEL KAMATHOTEL | ₹232.74 | -0.49% | -0.5% vs prev close, vol 1.1x avg |
KOTAKBANK KOTAKBANK | ₹423.5 | -0.35% | -0.4% vs prev close, vol 0.8x avg |
LICI LICI | ₹408.25 | -0.95% | -0.9% vs prev close, vol 0.2x avg — flags: below 50DMA support |
LODHA LODHA | ₹1,211.8 | +1.45% | +1.5% vs prev close, vol 0.7x avg |
M&M M&M | ₹3,191.8 | -1.56% | -1.6% vs prev close, vol 0.9x avg |
MANKIND MANKIND | ₹2,380 | +0.85% | +0.8% vs prev close, vol 0.2x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹994 | -0.90% | -0.9% vs prev close, vol 0.6x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹519.55 | -2.37% | -2.4% vs prev close, vol 0.9x avg |
NHPC NHPC | ₹75.7 | -0.28% | -0.3% vs prev close, vol 0.5x avg — flags: below 50DMA support |
PRESTIGE PRESTIGE | ₹1,582 | +0.76% | +0.8% vs prev close, vol 1.1x avg — flags: below 50DMA support |
PSB PSB | ₹22.63 | +0.13% | +0.1% vs prev close, vol 1.3x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,210 | -1.48% | -1.5% vs prev close, vol 0.7x avg |
RELIANCE RELIANCE | ₹1,313.15 | +0.44% | +0.4% vs prev close, vol 0.9x avg |
SBIN SBIN | ₹1,020.9 | -1.31% | -1.3% vs prev close, vol 1.4x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹183.6 | -0.19% | -0.2% vs prev close, vol 0.6x avg |
TCS TCS | ₹2,348 | -0.89% | -0.9% vs prev close, vol 0.9x avg |
TMPV TMPV | ₹312.9 | +0.74% | +0.7% vs prev close, vol 0.9x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,200 | -0.07% | -0.1% vs prev close, vol 1.7x avg |
ULTRACEMCO ULTRACEMCO | ₹11,393 | -0.06% | -0.1% vs prev close, vol 1.0x avg — flags: below 50DMA support |
VBL VBL | ₹415 | +2.25% | +2.3% vs prev close, vol 1.3x avg — flags: below 50DMA support |
VMM VMM | ₹108.57 | +1.90% | +1.9% vs prev close, vol 0.8x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹177.35 | -2.23% | -2.2% vs prev close, vol 1.8x avg |