Daily Report

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

Market Summary

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.

Top Stories & Market Intelligence

  • Macro & Policy - Economic Times

    RBI keeps repo rate unchanged at 5.25%, maintains neutral stance

  • Global Cues - Economic Times

    Indian stock market opens lower amid global concerns, Nifty below 24750

  • Earnings - Economic Times

    Nifty 50 companies record approximately 18% year-on-year PAT growth in Q1 FY27

  • Sectoral - Economic Times

    Nifty Realty, Nifty IT, and Nifty Financial Services sectors generally underperform

    NIFTYREALTY, NIFTYIT, NIFTYFINSERVICE
  • Corporate Actions - Economic Times

    TVS Holdings is on the ex-date for a 46:1 bonus issue

    TVSHOLD
  • Stocks in Focus - Economic Times

    Shriram Finance, HCL Technologies, and Tech Mahindra among Nifty50 top losers

    SHRIRAMFIN, HCLTECH, TECHM
  • Macro & Policy - Economic Times

    RBI projects CPI inflation at 4.6% and real GDP growth at 6.9% for current fiscal year

  • Global Cues - Economic Times

    Wall Street indices close in the red due to profit-booking and cautious investor positioning

Street Consensus & Brokerage Radar

TickerBrokerageActionTargetRationale
CUBAxis Securitiesbuy—Added to 'Top Picks' list by Axis Securities as part of their constructive view on Indian equities, aligning with an increased December 2026 Nifty target of 27,360.
CCLPRODAxis Securitiesbuy—Added to 'Top Picks' list by Axis Securities as part of their constructive view on Indian equities, aligning with an increased December 2026 Nifty target of 27,360.
DMARTAxis Securitiesreduce—Exited from 'Top Picks' list by Axis Securities.
ADANIPOWERMotilal Oswalbuy250Recommended to 'Buy' by Motilal Oswal.
KIRIINDMotilal Oswalbuy—Recommended as one of five breakout stocks by Chandan Taparia of Motilal Oswal.
GUJTHEMMotilal Oswalbuy—Recommended as one of five breakout stocks by Chandan Taparia of Motilal Oswal.
SUPPETROMotilal Oswalbuy—Recommended as one of five breakout stocks by Chandan Taparia of Motilal Oswal.
MANINDSMotilal Oswalbuy—Recommended as one of five breakout stocks by Chandan Taparia of Motilal Oswal.
AEROFLEXMotilal Oswalbuy—Recommended as one of five breakout stocks by Chandan Taparia of Motilal Oswal.
CGPOWERMotilal Oswalbuy—Recommended as a top stock to buy by Motilal Oswal.

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

TickerNameLTPChange
DIVISLABDivi's Laboratories9,512.50+2.12%
HINDUNILVRHindustan Unilever1,987.00+1.38%
HEROMOTOCOHero MotoCorp5,328.50+1.11%
NESTLEINDNestle India1,412.80+1.06%
APOLLOHOSPApollo Hospitals8,836.50+0.87%

Top Losers

TickerNameLTPChange
BPCLBharat Petroleum306.65-2.00%
ICICIBANKICICI Bank1,400.00-1.93%
AXISBANKAxis Bank1,242.40-1.86%
ULTRACEMCOUltraTech Cement11,026.00-1.33%
RELIANCEReliance Industries1,292.80-1.28%

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%
Session Close Surveillance

Market Close & Portfolio Surveillance

16:15 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

TickerPriceChangeNote
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
₹263.50.00%+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