Havells India experienced a significant price drop of over 4% today on substantially high volume, underperforming its sector. MarketsMojo has downgraded the stock to a 'Sell' rating, citing deteriorating fundamentals and technical outlooks. This sharp decline is further attributed to increased competitive concerns following UltraTech Cement's aggressive entry into the wires and cables business with its new 'Ultravolt' brand.
Daily Brief
Daily Brief - Fri, 4 Sept, 2026, 12:53 IST
Market Outlook
The Indian market saw a positive close for benchmark indices, led by robust performance in Financial Services and Banking sectors, despite a negative market breadth. Domestic Institutional Investors provided strong support, offsetting significant Foreign Institutional Investor selling. Expect continued sector-specific action with overall volatility remaining low as indicated by the VIX.
Key Takeaways
- NIFTY 50 and SENSEX closed positive, gaining 0.30% and 0.70% respectively.
- Financial Services (+0.71%) and Bank (+0.30%) sectors were the top performers.
- FIIs were net sellers at -2345.87cr, while DIIs were strong net buyers at +4977.46cr.
- Market breadth was negative with 26 advances against 31 declines.
- VIX stands low at 10.775, suggesting subdued volatility expectations.
- SBILIFE.NS and RELIANCE.NS were among the top gainers, while HAVELLS.NS and SRF.NS were top losers.
FII / DII Activity
FII Net
−2,345.87 cr
DII Net
+4,977.46 cr
As of 2026-09-03
Market Cues
NIFTY 50
23,944.05
+0.30%SENSEX
76,687.26
+0.70%NASDAQ
26,584.06
+1.40%GOLD
4,523.3
-0.37%INDIA VIX
10.775
-4.96%Market Sectors
NIFTY BANK
57,549.95
+0.30%NIFTY IT
30,845.35
+0.02%NIFTY PHARMA
26,553.1
-0.40%NIFTY AUTO
27,699.4
-0.50%NIFTY METAL
13,183.6
+0.06%NIFTY ENERGY
38,095.85
-0.12%NIFTY REALTY
913
-0.34%NIFTY FIN SERVICE
28,283.7
+0.71%NIFTY FMCG
45,979.45
+0.05%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| SBILIFE | SBI Life Insurance | 1,753.20 | +2.23% |
| RELIANCE | Reliance Industries | 1,328.90 | +2.03% |
| HDFCLIFE | HDFC Life Insurance | 542.80 | +1.74% |
| ADANIENT | Adani Enterprises | 2,945.10 | +1.52% |
| WIPRO | Wipro | 177.91 | +1.25% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HAVELLS | Havells India | 1,152.90 | -3.93% |
| SRF | SRF | 2,556.50 | -2.31% |
| COALINDIA | Coal India | 414.10 | -1.42% |
| GAIL | GAIL India | 172.60 | -1.18% |
| EICHERMOT | Eicher Motors | 7,599.00 | -1.18% |
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 - Fri, 4 Sept, 2026, 18:18 IST
Session Summary
Two genuine sell signals for HAVELLS and ITCHOTELS were identified today, driven by significant price drops, high volume, negative analyst ratings, and fundamental concerns, despite a broader market rebound.
Alerts(2)
Despite a small gain today, ITC Hotels Ltd. has been rated 'Sell' by MarketsMojo, an assessment updated on August 3, 2026, with current metrics reflecting challenges in delivering shareholder value. The stock is described as mildly bearish, showing negative returns over the past week (-1.23%) and month (-2.72%), and has significantly underperformed the broader market, declining 33.79% over the past year. The above-average volume today, combined with strong negative analyst sentiment and poor long-term performance, suggests the 'below 50DMA' is a sustained weakness.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,373.6 | -0.24% | -0.2% vs prev close, vol 0.3x avg |
ACE ACE | ₹1,126.55 | -1.68% | -1.7% vs prev close, vol 1.9x avg |
AMBUJACEM AMBUJACEM | ₹405 | 0.00% | +0.0% vs prev close, vol 0.4x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,670 | -1.30% | -1.3% vs prev close, vol 0.4x avg |
ASTRAL ASTRAL | ₹1,492.9 | -0.15% | -0.2% vs prev close, vol 0.4x avg |
BDL BDL | ₹1,258 | +0.12% | +0.1% vs prev close, vol 0.7x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,840 | -1.55% | -1.6% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹696 | -2.38% | -2.4% vs prev close, vol 1.9x avg |
BSOFT BSOFT | ₹289.4 | -1.35% | -1.3% vs prev close, vol 0.9x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹190.3 | +2.09% | +2.1% vs prev close, vol 0.9x avg |
CENTRALBK CENTRALBK | ₹31.07 | +0.94% | +0.9% vs prev close, vol 2.2x avg — flags: volume>2x avg |
DALBHARAT DALBHARAT | ₹1,748.75 | -1.23% | -1.2% vs prev close, vol 0.7x avg — flags: below 50DMA support |
DIXON DIXON | ₹14,240 | -1.42% | -1.4% vs prev close, vol 1.0x avg |
DLF DLF | ₹681.9 | +0.04% | +0.0% vs prev close, vol 0.7x avg |
FIRSTCRY FIRSTCRY | ₹180.16 | +0.83% | +0.8% vs prev close, vol 0.7x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹878 | -0.23% | -0.2% vs prev close, vol 0.4x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,154 | -3.83% | -3.8% vs prev close, vol 3.3x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
HCLTECH HCLTECH | ₹1,294 | -1.24% | -1.2% vs prev close, vol 0.7x avg |
HDFCBANK HDFCBANK | ₹712.1 | +0.77% | +0.8% vs prev close, vol 0.5x avg — flags: below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,303 | +0.21% | +0.2% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹1,011 | +0.10% | +0.1% vs prev close, vol 1.0x avg |
HINDUNILVR HINDUNILVR | ₹1,973.4 | +0.58% | +0.6% vs prev close, vol 1.9x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,423.2 | -0.48% | -0.5% vs prev close, vol 0.8x avg |
IIFL IIFL | ₹651.15 | +1.20% | +1.2% vs prev close, vol 0.8x avg |
INFY INFY | ₹1,130 | -0.03% | -0.0% vs prev close, vol 0.7x avg |
IREDA IREDA | ₹113.6 | +0.09% | +0.1% vs prev close, vol 1.0x avg — flags: below 50DMA support |
ITC ITC | ₹264.1 | +0.42% | +0.4% vs prev close, vol 0.7x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹161.23 | +0.61% | +0.6% vs prev close, vol 1.5x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,165 | +1.75% | +1.7% vs prev close, vol 1.1x avg |
JIOFIN JIOFIN | ₹239.5 | +0.86% | +0.9% vs prev close, vol 1.0x avg |
JKPAPER JKPAPER | ₹405.8 | -1.06% | -1.1% vs prev close, vol 0.9x avg |
JWL JWL | ₹243.35 | +0.98% | +1.0% vs prev close, vol 1.0x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹598.8 | +2.31% | +2.3% vs prev close, vol 1.0x avg |
KAMATHOTEL KAMATHOTEL | ₹225.51 | +3.61% | +3.6% vs prev close, vol 0.9x avg |
KOTAKBANK KOTAKBANK | ₹424.5 | +0.80% | +0.8% vs prev close, vol 0.8x avg |
LICI LICI | ₹415.35 | -0.37% | -0.4% vs prev close, vol 0.4x avg |
LODHA LODHA | ₹1,214.4 | -0.51% | -0.5% vs prev close, vol 1.4x avg |
M&M M&M | ₹3,168.9 | +0.92% | +0.9% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,328.55 | -0.70% | -0.7% vs prev close, vol 0.1x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹984.8 | -1.02% | -1.0% vs prev close, vol 0.6x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹525 | +1.42% | +1.4% vs prev close, vol 2.3x avg — flags: volume>2x avg |
NHPC NHPC | ₹76.23 | +0.04% | +0.0% vs prev close, vol 0.7x avg — flags: below 50DMA support |
PRESTIGE PRESTIGE | ₹1,587 | -1.75% | -1.7% vs prev close, vol 1.1x avg — flags: below 50DMA support |
PSB PSB | ₹23.2 | +0.65% | +0.7% vs prev close, vol 2.0x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,227.2 | -1.63% | -1.6% vs prev close, vol 0.5x avg |
RELIANCE RELIANCE | ₹1,322 | +1.61% | +1.6% vs prev close, vol 1.0x avg |
SBIN SBIN | ₹1,016.1 | -0.71% | -0.7% vs prev close, vol 0.8x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹189 | +2.91% | +2.9% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,304 | -0.69% | -0.7% vs prev close, vol 1.0x avg |
TMPV TMPV | ₹312 | +0.22% | +0.2% vs prev close, vol 0.3x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,133.1 | -1.59% | -1.6% vs prev close, vol 0.5x avg |
ULTRACEMCO ULTRACEMCO | ₹11,408 | +1.18% | +1.2% vs prev close, vol 1.2x avg — flags: below 50DMA support |
VBL VBL | ₹407.6 | +0.11% | +0.1% vs prev close, vol 0.7x avg — flags: below 50DMA support |
VMM VMM | ₹106.14 | -1.54% | -1.5% vs prev close, vol 0.5x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹176.8 | +0.11% | +0.1% vs prev close, vol 1.9x avg |