Daily Brief

Daily Brief - Tue, 8 Sept, 2026, 12:49 IST

Market Outlook

Indian equities closed lower across key benchmarks, with NIFTY 50 and SENSEX shedding around half a percent amid negative market breadth. Financial Services witnessed the sharpest decline, while defensive sectors like Pharma and FMCG showed resilience. The low VIX suggests subdued volatility expectations despite the recent dip.

Key Takeaways

NIFTY 50 and SENSEX both closed down approximately 0.5%.
Market breadth was negative with 21 advances against 37 declines.
Pharma (+0.75%) and FMCG (+0.74%) were the top performing sectors.
NIFTY FIN SERVICE (-0.91%) was the weakest sectoral performer.
Top individual losers included BPCL, ICICIBANK, and AXISBANK.
India VIX remained low at 11.155.

Market Cues

NIFTY 50

23,650.15

-0.54%

SENSEX

75,681.45

-0.59%

NASDAQ

26,506.99

-0.29%

GOLD

4,452.3

-0.54%

INDIA VIX

11.155

-0.04%

Market Sectors

NIFTY BANK

56,797.4

-0.51%

NIFTY IT

29,905.4

-0.30%

NIFTY PHARMA

26,875.9

+0.75%

NIFTY AUTO

27,648.65

-0.18%

NIFTY METAL

13,164.8

+0.09%

NIFTY ENERGY

38,030.8

+0.15%

NIFTY REALTY

892.7

+0.02%

NIFTY FIN SERVICE

27,818.45

-0.91%

NIFTY FMCG

45,927.95

+0.74%

Top Gainers & Losers

Top Gainers

Ticker	Name	LTP	Change
DIVISLAB	Divi's Laboratories	9,512.50	+2.12%
HINDUNILVR	Hindustan Unilever	1,987.00	+1.38%
HEROMOTOCO	Hero MotoCorp	5,328.50	+1.11%
NESTLEIND	Nestle India	1,412.80	+1.06%
APOLLOHOSP	Apollo Hospitals	8,836.50	+0.87%

Top Losers

Ticker	Name	LTP	Change
BPCL	Bharat Petroleum	306.65	-2.00%
ICICIBANK	ICICI Bank	1,400.00	-1.93%
AXISBANK	Axis Bank	1,242.40	-1.86%
ULTRACEMCO	UltraTech Cement	11,026.00	-1.33%
RELIANCE	Reliance Industries	1,292.80	-1.28%

52-Week High & Low

Near 52-Week High

DIVISLABDivi's Laboratories

9,512.50−0.34%

Near 52-Week Low

DABURDabur India

376.15+0.64%

SBILIFESBI Life Insurance

1,713.40+0.76%

HDFCBANKHDFC Bank

704.35+0.84%

HDFCLIFEHDFC Life Insurance

535.10+0.87%

TATACONSUMTata Consumer Products

1,016.20+1.22%

WIPROWipro

171.39+1.41%

HAVELLSHavells India

1,139.50+1.42%

BRITANNIABritannia Industries

5,082.50+1.54%

HINDUNILVRHindustan Unilever

1,987.00+1.88%

Mid-Session

Mid-Session - Tue, 8 Sept, 2026, 18:27 IST

Session Summary

A genuine sell signal was identified for IIFL.NS due to a major shareholder's planned exit causing significant uncertainty and selling pressure.

Alerts(1)

High

IIFLIIFL

Fairfax Financial Holdings is reportedly considering selling its entire 15.2% stake in IIFL Finance to comply with regulatory requirements, introducing significant uncertainty and selling pressure, leading to a substantial price drop on more than twice the average volume.

drawdown>3%volume>2x avg

Portfolio Scan

Ticker	Price	Change	Note
ABREL ABREL	₹1,372.1	-0.41%	-0.4% vs prev close, vol 0.2x avg — flags: below 50DMA support
ACE ACE	₹1,121.7	+0.80%	+0.8% vs prev close, vol 0.4x avg
AMBUJACEM AMBUJACEM	₹398.3	-0.08%	-0.1% vs prev close, vol 0.4x avg — flags: below 50DMA support
APOLLOHOSP APOLLOHOSP	₹8,800	+0.46%	+0.5% vs prev close, vol 0.5x avg
ASTRAL ASTRAL	₹1,500.8	+0.17%	+0.2% vs prev close, vol 0.4x avg
BDL BDL	₹1,243.4	-0.21%	-0.2% vs prev close, vol 0.8x avg — flags: below 50DMA support
BHARTIARTL BHARTIARTL	₹1,844	-0.54%	-0.5% vs prev close, vol 0.6x avg — flags: below 50DMA support
BRIGADE BRIGADE	₹686.3	+0.85%	+0.9% vs prev close, vol 0.3x avg
BSOFT BSOFT	₹281.65	-0.42%	-0.4% vs prev close, vol 0.4x avg — flags: below 50DMA support
CASTROLIND CASTROLIND	₹189.3	+0.24%	+0.2% vs prev close, vol 0.5x avg
CENTRALBK CENTRALBK	₹30.95	-0.03%	-0.0% vs prev close, vol 1.1x avg
DALBHARAT DALBHARAT	₹1,699.45	-0.84%	-0.8% vs prev close, vol 1.1x avg — flags: below 50DMA support
DIXON DIXON	₹14,100	-0.56%	-0.6% vs prev close, vol 0.4x avg
DLF DLF	₹675.1	+0.36%	+0.4% vs prev close, vol 0.9x avg
FIRSTCRY FIRSTCRY	₹176.24	-0.45%	-0.4% vs prev close, vol 0.3x avg — flags: below 50DMA support
GODREJCP GODREJCP	₹865	+0.36%	+0.4% vs prev close, vol 0.5x avg — flags: below 50DMA support
HAVELLS HAVELLS	₹1,140	-0.87%	-0.9% vs prev close, vol 1.3x avg — flags: below 50DMA support
HCLTECH HCLTECH	₹1,285	+0.23%	+0.2% vs prev close, vol 0.9x avg
HDFCBANK HDFCBANK	₹703	-1.06%	-1.1% vs prev close, vol 0.8x avg — flags: below 50DMA support
HEROMOTOCO HEROMOTOCO	₹5,325	+0.57%	+0.6% vs prev close, vol 1.1x avg
HINDALCO HINDALCO	₹1,009	+0.30%	+0.3% vs prev close, vol 0.9x avg
HINDUNILVR HINDUNILVR	₹1,980	+1.02%	+1.0% vs prev close, vol 1.0x avg — flags: below 50DMA support
ICICIBANK ICICIBANK	₹1,399.4	-1.97%	-2.0% vs prev close, vol 1.4x avg
IIFL IIFL	₹628	-3.98%	-4.0% vs prev close, vol 2.1x avg — flags: drawdown>3%, volume>2x avg
INFY INFY	₹1,082	-0.51%	-0.5% vs prev close, vol 0.8x avg — flags: below 50DMA support
IREDA IREDA	₹112.4	-0.40%	-0.4% vs prev close, vol 0.4x avg — flags: below 50DMA support
ITC ITC	₹263.5	0.00%	+0.0% vs prev close, vol 0.5x avg — flags: below 50DMA support
ITCHOTELS ITCHOTELS	₹156.84	-0.59%	-0.6% vs prev close, vol 1.3x avg — flags: below 50DMA support
JINDALSTEL JINDALSTEL	₹1,136.3	-1.01%	-1.0% vs prev close, vol 0.6x avg
JIOFIN JIOFIN	₹233.15	-0.53%	-0.5% vs prev close, vol 0.7x avg — flags: below 50DMA support
JKPAPER JKPAPER	₹415.3	-1.13%	-1.1% vs prev close, vol 1.3x avg
JWL JWL	₹242.5	-0.96%	-1.0% vs prev close, vol 0.8x avg — flags: below 50DMA support
KALYANKJIL KALYANKJIL	₹612.6	+3.65%	+3.7% vs prev close, vol 1.1x avg
KAMATHOTEL KAMATHOTEL	₹232.18	+1.75%	+1.7% vs prev close, vol 0.8x avg
KOTAKBANK KOTAKBANK	₹419.25	-0.68%	-0.7% vs prev close, vol 1.0x avg
LICI LICI	₹410.75	-0.18%	-0.2% vs prev close, vol 0.7x avg — flags: below 50DMA support
LODHA LODHA	₹1,207.2	-0.29%	-0.3% vs prev close, vol 0.9x avg
M&M M&M	₹3,160	-0.12%	-0.1% vs prev close, vol 0.6x avg
MANKIND MANKIND	₹2,305.85	-0.70%	-0.7% vs prev close, vol 0.1x avg — flags: below 50DMA support
MAXHEALTH MAXHEALTH	₹993	+0.10%	+0.1% vs prev close, vol 1.0x avg — flags: below 50DMA support
NEWGEN NEWGEN	₹513.95	-1.27%	-1.3% vs prev close, vol 0.4x avg — flags: below 50DMA support
NHPC NHPC	₹76	+0.32%	+0.3% vs prev close, vol 0.5x avg — flags: below 50DMA support
PRESTIGE PRESTIGE	₹1,561.6	+0.75%	+0.7% vs prev close, vol 1.0x avg — flags: below 50DMA support
PSB PSB	₹22.85	-0.52%	-0.5% vs prev close, vol 0.3x avg — flags: below 50DMA support
PVRINOX PVRINOX	₹1,231.3	+6.47%	+6.5% vs prev close, vol 2.7x avg — flags: volume>2x avg
RELIANCE RELIANCE	₹1,294.3	-1.16%	-1.2% vs prev close, vol 1.0x avg
SBIN SBIN	₹1,008	+0.21%	+0.2% vs prev close, vol 0.9x avg — flags: below 50DMA support
TATASTEEL TATASTEEL	₹184.1	-0.75%	-0.8% vs prev close, vol 1.1x avg
TCS TCS	₹2,255.5	-0.64%	-0.6% vs prev close, vol 0.8x avg
TMPV TMPV	₹306.45	-0.26%	-0.3% vs prev close, vol 0.9x avg — flags: below 50DMA support
TVSMOTOR TVSMOTOR	₹4,133.2	+0.03%	+0.0% vs prev close, vol 0.7x avg
ULTRACEMCO ULTRACEMCO	₹11,009	-1.49%	-1.5% vs prev close, vol 1.4x avg — flags: below 50DMA support
VBL VBL	₹405.7	-0.06%	-0.1% vs prev close, vol 0.6x avg — flags: below 50DMA support
VMM VMM	₹103.9	-0.10%	-0.1% vs prev close, vol 0.5x avg — flags: below 50DMA support
WIPRO WIPRO	₹171.5	-0.92%	-0.9% vs prev close, vol 1.1x avg — flags: below 50DMA support