PVR Inox shares plunged due to an internal investigation into alleged kickbacks and a senior executive's departure, indicating a significant company-specific fundamental issue.
Daily Brief
Daily Brief - Mon, 7 Sept, 2026, 12:54 IST
Market Outlook
Indian equities are likely to open with a cautious tone following yesterday's negative close for NIFTY 50 and SENSEX, primarily dragged by a significant decline in the IT sector. While Foreign Institutional Investors were net sellers, strong Domestic Institutional Investor buying provided a substantial counter. Traders should monitor initial IT sector performance and the sustainability of domestic institutional support.
Key Takeaways
- NIFTY 50 and SENSEX both closed down by over 0.6%.
- NIFTY IT was the biggest laggard, declining 2.51%, with INFY.NS and HCLTECH.NS among top losers.
- NIFTY Pharma (+0.28%) and NIFTY Auto (+0.08%) showed minor gains, indicating some sectoral resilience.
- Market breadth was negative with 12 advances against 45 declines.
- FIIs were net sellers of 3111.94cr, while DIIs were strong net buyers of 8930.12cr.
- India VIX stood at 11.285, suggesting relatively low implied volatility.
FII / DII Activity
FII Net
−3,111.94 cr
DII Net
+8,930.12 cr
As of 2026-09-04
Market Cues
NIFTY 50
23,742.35
-0.65%SENSEX
76,052.07
-0.61%NASDAQ
26,506.99
-0.29%GOLD
4,476.6
-1.39%INDIA VIX
11.285
+5.66%Market Sectors
NIFTY BANK
57,018.2
-0.61%NIFTY IT
29,924.75
-2.51%NIFTY PHARMA
26,551.35
+0.28%NIFTY AUTO
27,734.3
+0.08%NIFTY METAL
13,133.3
-1.38%NIFTY ENERGY
37,951.35
-0.31%NIFTY REALTY
896.65
-1.24%NIFTY FIN SERVICE
28,072.65
-0.51%NIFTY FMCG
45,605.75
-0.63%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| DIVISLAB | Divi's Laboratories | 9,216.00 | +1.27% |
| GAIL | GAIL India | 175.35 | +1.12% |
| APOLLOHOSP | Apollo Hospitals | 8,739.50 | +1.03% |
| MARUTI | Maruti Suzuki | 12,804.00 | +0.87% |
| COALINDIA | Coal India | 418.25 | +0.70% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| INFY | Infosys | 1,088.20 | -3.70% |
| TECHM | Tech Mahindra | 1,551.20 | -2.86% |
| SBILIFE | SBI Life Insurance | 1,731.50 | -2.45% |
| TATASTEEL | Tata Steel | 184.58 | -2.23% |
| HCLTECH | HCL Technologies | 1,265.70 | -2.14% |
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 - Mon, 7 Sept, 2026, 19:50 IST
Session Summary
Four genuine sell signals were identified today, notably PVRINOX, INFY, and WIPRO due to company-specific issues and sector weakness, alongside a potential sell for NHPC.
Alerts(4)
Infosys was a top loser in the Nifty 50, and the IT sector was the worst-performing; the 3.8% drawdown suggests amplified negative sentiment towards large-cap IT or underlying company-specific concerns.
Goldman Sachs maintained a 'Sell' rating with a low target price due to subdued near-term growth and persistent client challenges, supported by higher-than-average volume.
A Parliamentary Standing Committee report highlighted significant project delays averaging 106 months due to regulatory hurdles, potentially impacting future project execution and profitability.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,377.8 | +0.31% | +0.3% vs prev close, vol 0.3x avg |
ACE ACE | ₹1,112.8 | -1.22% | -1.2% vs prev close, vol 0.8x avg |
AMBUJACEM AMBUJACEM | ₹398.6 | -1.58% | -1.6% vs prev close, vol 0.4x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,760 | +1.04% | +1.0% vs prev close, vol 0.4x avg |
ASTRAL ASTRAL | ₹1,498.2 | +0.36% | +0.4% vs prev close, vol 0.4x avg |
BDL BDL | ₹1,246 | -0.95% | -1.0% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,854 | +0.76% | +0.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹680.5 | -2.23% | -2.2% vs prev close, vol 0.4x avg |
BSOFT BSOFT | ₹282.85 | -2.26% | -2.3% vs prev close, vol 1.2x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹188.85 | -0.76% | -0.8% vs prev close, vol 1.0x avg |
CENTRALBK CENTRALBK | ₹30.96 | -0.35% | -0.4% vs prev close, vol 0.5x avg |
DALBHARAT DALBHARAT | ₹1,713.9 | -1.99% | -2.0% vs prev close, vol 0.9x avg — flags: below 50DMA support |
DIXON DIXON | ₹14,180 | -0.42% | -0.4% vs prev close, vol 1.1x avg |
DLF DLF | ₹672.7 | -1.35% | -1.3% vs prev close, vol 0.5x avg |
FIRSTCRY FIRSTCRY | ₹177.03 | -1.74% | -1.7% vs prev close, vol 0.3x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹861.9 | -1.83% | -1.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,150 | -0.35% | -0.3% vs prev close, vol 1.1x avg — flags: below 50DMA support |
HCLTECH HCLTECH | ₹1,282 | -0.93% | -0.9% vs prev close, vol 1.6x avg |
HDFCBANK HDFCBANK | ₹710.5 | -0.22% | -0.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,295 | -0.15% | -0.2% vs prev close, vol 1.3x avg |
HINDALCO HINDALCO | ₹1,006 | -0.49% | -0.5% vs prev close, vol 0.5x avg |
HINDUNILVR HINDUNILVR | ₹1,960 | -0.68% | -0.7% vs prev close, vol 0.6x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,427.5 | +0.30% | +0.3% vs prev close, vol 0.9x avg |
IIFL IIFL | ₹654.05 | +0.45% | +0.4% vs prev close, vol 1.6x avg |
INFY INFY | ₹1,087.5 | -3.76% | -3.8% vs prev close, vol 1.0x avg — flags: drawdown>3%, below 50DMA support |
IREDA IREDA | ₹112.85 | -0.66% | -0.7% vs prev close, vol 0.6x avg — flags: below 50DMA support |
ITC ITC | ₹263.5 | -0.23% | -0.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹157.77 | -2.15% | -2.1% vs prev close, vol 1.1x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,147.9 | -1.47% | -1.5% vs prev close, vol 1.0x avg |
JIOFIN JIOFIN | ₹234.4 | -2.13% | -2.1% vs prev close, vol 0.8x avg — flags: below 50DMA support |
JKPAPER JKPAPER | ₹420.05 | +3.51% | +3.5% vs prev close, vol 5.0x avg — flags: volume>2x avg |
JWL JWL | ₹244.85 | +0.62% | +0.6% vs prev close, vol 1.2x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹591 | -1.30% | -1.3% vs prev close, vol 0.4x avg |
KAMATHOTEL KAMATHOTEL | ₹228.19 | +1.19% | +1.2% vs prev close, vol 0.4x avg |
KOTAKBANK KOTAKBANK | ₹422.1 | -0.57% | -0.6% vs prev close, vol 0.6x avg |
LICI LICI | ₹411.5 | -0.93% | -0.9% vs prev close, vol 0.2x avg — flags: below 50DMA support |
LODHA LODHA | ₹1,210.75 | -0.30% | -0.3% vs prev close, vol 0.3x avg |
M&M M&M | ₹3,163.9 | -0.16% | -0.2% vs prev close, vol 0.7x avg |
MANKIND MANKIND | ₹2,322.05 | -0.28% | -0.3% vs prev close, vol 0.1x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹992 | +0.73% | +0.7% vs prev close, vol 0.9x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹520.55 | -0.85% | -0.8% vs prev close, vol 0.7x avg |
NHPC NHPC | ₹75.76 | -0.62% | -0.6% vs prev close, vol 1.5x avg — flags: below 50DMA support |
PRESTIGE PRESTIGE | ₹1,550 | -2.33% | -2.3% vs prev close, vol 0.4x avg — flags: below 50DMA support |
PSB PSB | ₹22.97 | -0.99% | -1.0% vs prev close, vol 1.4x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,156.5 | -5.76% | -5.8% vs prev close, vol 5.3x avg — flags: drawdown>3%, volume>2x avg |
RELIANCE RELIANCE | ₹1,309.5 | -0.95% | -0.9% vs prev close, vol 0.7x avg |
SBIN SBIN | ₹1,005.9 | -1.00% | -1.0% vs prev close, vol 1.3x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹185.5 | -1.85% | -1.9% vs prev close, vol 1.2x avg |
TCS TCS | ₹2,270 | -1.48% | -1.5% vs prev close, vol 0.9x avg |
TMPV TMPV | ₹307.25 | -1.52% | -1.5% vs prev close, vol 0.9x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,132 | -0.03% | -0.0% vs prev close, vol 0.4x avg |
ULTRACEMCO ULTRACEMCO | ₹11,175 | -2.04% | -2.0% vs prev close, vol 0.9x avg — flags: below 50DMA support |
VBL VBL | ₹405.95 | -0.40% | -0.4% vs prev close, vol 0.8x avg — flags: below 50DMA support |
VMM VMM | ₹104 | -2.02% | -2.0% vs prev close, vol 1.1x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹173.1 | -2.09% | -2.1% vs prev close, vol 1.8x avg — flags: below 50DMA support |