Daily Report

Daily Report - Fri, 4 Sept, 2026, 12:53 IST

Market Summary

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.

Top Stories & Market Intelligence

  • Macro & Policy - Market Report

    RBI maintains repo rate at 5.25% for fourth consecutive meeting

  • Global Cues - Market Report

    Indian equities poised for positive open on easing US rate hike fears

  • Earnings - Market Report

    Sterlite Technologies Q1 net profit surges nearly twenty-fold; Crisil upgrades credit rating

    STLTECH
  • Sectoral - Market Report

    Realty, Media, Private/PSU Bank, Financial Services, Metal sectors see gains; IT, FMCG, Auto, Pharma, Healthcare, Oil & Gas weak

  • Corporate Actions - Market Report

    Sterlite Technologies board approves ₹3,000 crore capex for capacity expansion

    STLTECH
  • Stocks in Focus - Market Report

    Welspun Investments in focus for related-party real estate investment

  • Earnings - Market Report

    Seshaasai Technologies reports 63.8% Y-o-Y rise in Q1 FY27 net profit

  • Sectoral - Market Report

    Capital market stocks in focus as SEBI reviews derivative settlement methodology

    BSE, NUVAMA, ANGELONE

Street Consensus & Brokerage Radar

TickerBrokerageActionTargetRationale
ANANTRAJNeoTrader's Raja Venkatramanbuy690Buy above ₹630, Stop loss: ₹605, Target price: ₹690 (2 Months), showing an upward trajectory and strong Q1 numbers.
POLICYBZRNeoTrader's Raja Venkatramanbuy2,050Buy above ₹1875, Stop loss: ₹1775, Target price: ₹2050 (Multiday), with prices trending above cloud resistance after Q1 numbers.
KIRLOSENGChoice Broking's Sumeet Bagadiabuy2,460Buy at ₹2267, Target ₹2460, Stop Loss ₹2137.
MOREPENLABChoice Broking's Sumeet Bagadiabuy127Buy at ₹117.5, Target ₹127, Stop Loss ₹109.
MSTCLTDChoice Broking's Sumeet Bagadiabuy805Buy at ₹744, Target ₹805, Stop Loss ₹708.
IOLCPChoice Broking's Sumeet Bagadiabuy212Buy at ₹196, Target ₹212, Stop Loss ₹184.
VISHNUChoice Broking's Sumeet Bagadiabuy745Buy at ₹688, Target ₹745, Stop Loss ₹655.
BHARTIARTLAxis Securitiesbuy2,530Target price: ₹2,530 (40% upside potential).
VBLAxis Securitiesbuy530Target price: ₹530 (32% upside potential).
CCLAxis Securitiesbuy1,425Target price: ₹1,425 (32% upside potential).
ICICIBANKAxis Securitiesbuy1,800Target price: ₹1,800 (24% upside potential).
BAJFINANCEAxis Securitiesbuy1,305Target price: ₹1,305 (23% upside potential).
DALBHARATAxis Securitiesbuy2,260Target price: ₹2,260 (22% upside potential).
CUBAxis Securitiesbuy280Target price: ₹280 (22% upside potential).
KOTAKBANKAxis Securitiesbuy500Target price: ₹500 (19% upside potential).
NESTLEINDAxis Securitiesbuy1,765Target price: ₹1,765 (18% upside potential).
IDFCFIRSTBUBShold92Upgraded to Neutral, Target Price ₹92 (from ₹78).
ICICIBANKUBSbuy1,800Buy, Target Price ₹1,800.
AXISBANKUBSbuy1,670Buy, Target Price ₹1,670.
HDFCBANKUBSbuy1,000Buy, Target Price ₹1,000.
SJSGoldman Sachsbuy3,080Buy, Target Price ₹3,080.
BANDHANBNKGoldman Sachshold180Neutral, Target Price ₹180.
ICICIBANKGoldman Sachsbuy1,935Buy, Target Price ₹1,935.
SYNGENEGoldman Sachsbuy450Buy, Target Price ₹450.
MUTHOOTFINMorgan Stanleyaccumulate3,705Overweight, Target Price ₹3,705.
HDFCBANKHSBChold830Downgraded to Hold, Target Price ₹830 (from ₹990).
BHARTIARTLHSBCbuy2,500Buy, Target Price ₹2,500.
NAM-INDIAHSBChold1,090Hold, Target Price ₹1,090.
HINDUNILVRHSBCbuy2,450Buy, Target Price ₹2,450.
AUROPHARMAHSBCbuy1,900Buy, Target Price ₹1,900.
TATAMOTORSKotak Securitiessell285Sell, Target Price ₹285 (from ₹310).
GODREJAGROKotak Securitiesbuy1,010Buy, Target Price ₹1,010.
RELIANCEJefferiesbuy1,710Buy, Target Price ₹1,710 (from ₹1,705).
ALLIEDBLENJefferiesbuy780Buy, Target Price ₹780.
NAM-INDIAJefferiesbuy1,320Buy, Target Price ₹1,320.
NAM-INDIANomurabuy1,230Buy, Target Price ₹1,230.
MPHASISPrabhudas Lilladher's Vaishali Parekhbuy2,620Buy at Rs.2505, Target Rs.2620, Stop Loss Rs.2450.
JSLPrabhudas Lilladher's Vaishali Parekhbuy770Buy at Rs.734, Target Rs.770, Stop Loss Rs.720.
RAINPrabhudas Lilladher's Vaishali Parekhbuy220Buy at Rs.206.55, Target Rs.220, Stop Loss Rs.201.

Corporate Actions & Calendar

DateTickerTypeName
2026-09-04INDIGOPNTSdividendINDIGO PAINTS LTD
2026-09-04FCLdividendFUTURE CONSUMER LTD
2026-09-04EMCUREdividendEMCURE PHARMACEUTICALS LTD
2026-09-04JAGSNPHARMdividendJAGSONPAL PHARMACEUTICALS LTD
2026-09-04GAJAagmGAJA

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

TickerNameLTPChange
SBILIFESBI Life Insurance1,753.20+2.23%
RELIANCEReliance Industries1,328.90+2.03%
HDFCLIFEHDFC Life Insurance542.80+1.74%
ADANIENTAdani Enterprises2,945.10+1.52%
WIPROWipro177.91+1.25%

Top Losers

TickerNameLTPChange
HAVELLSHavells India1,152.90-3.93%
SRFSRF2,556.50-2.31%
COALINDIACoal India414.10-1.42%
GAILGAIL India172.60-1.18%
EICHERMOTEicher Motors7,599.00-1.18%

52-Week High & Low

Near 52-Week High

No stocks within 2% of their 52-week high.

Near 52-Week Low

TATACONSUMTata Consumer Products
1,012.60+0.54%
DABURDabur India
382.40+1.34%
HINDUNILVRHindustan Unilever
1,980.10+1.52%
BRITANNIABritannia Industries
5,126.00+1.81%
Session Close Surveillance

Market Close & Portfolio Surveillance

16:15 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)

High
HAVELLSHAVELLS

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.

drawdown>3%volume>2x avgbelow 50DMA support
High
ITCHOTELSITCHOTELS

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.

below 50DMA support

Portfolio Scan

TickerPriceChangeNote
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
₹4050.00%+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