Experienced a significant drawdown of -3.9% with average volume, and no immediate specific news explains this sharp drop, suggesting a potential genuine SELL signal.
Daily Report
Daily Report - Wed, 16 Sept, 2026, 13:16 IST
Market Summary
The Indian market saw a positive close, led by strong performances in FMCG, Realty, and Banking sectors, with NIFTY 50 up by +0.60%. Despite broad market strength and positive breadth, the IT sector was a notable underperformer. Domestic institutional buying provided support amidst foreign institutional selling, suggesting a resilient undertone before the open.
Key Takeaways
- NIFTY 50 and SENSEX recorded positive gains of +0.60% and +0.55% respectively.
- FMCG (+1.81%) and Realty (+1.34%) were the top performing sectors.
- NIFTY BANK also showed strength, closing +0.91% higher.
- The IT sector was a significant drag, with NIFTY IT down -1.04% and major IT stocks among top losers.
- FIIs were net sellers (-2977.86cr) while DIIs were net buyers (+2686.05cr).
- Market breadth remained positive with 42 advancing stocks against 16 declining stocks.
Top Stories & Market Intelligence
- Macro & Policy - Livemint
RBI Monitors Inflation Closely; Rate Hike Possible in Q3 FY27
- Global Cues - Economic Times
Indian Equities Open Higher Amidst Mixed Global Cues; US Fed Decision Anticipated
- Earnings - Moneycontrol
Tempsens Instruments (India) Ltd to Announce Financial Results Today
- Sectoral - Economic Times
FMCG and PSU Banking Shares Lead Early Gains; Mutual Funds Reduce Consumer Exposure
- Corporate Actions - Business Standard
M&A Emerges as Core Growth Strategy for Indian Companies
- Stocks in Focus - Economic Times
Payment and Financial Stocks In Focus Due to UPI MDR Introduction
PAYTM, YESBANK, HDFCBANK, ICICIBANK, AXISBANK, SBIN - Macro & Policy - Business Standard
Government Introduces 0.4% MDR on UPI Merchant Transactions Above ₹2,000
PAYTM, YESBANK, HDFCBANK, ICICIBANK, AXISBANK, SBIN - Sectoral - Livemint
IT Sector Sees Buying Interest; Realty and Capital Goods Under Selling Pressure
HCLTECH, INFY, TCS
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| CUB | Axis Securities | buy | — | Added to top picks; constructive outlook on Indian equities. |
| CCL | Axis Securities | buy | — | Added to top picks; constructive outlook on Indian equities. |
| UJJIVANSFB | Axis Securities | reduce | — | Booking profits. |
| DMART | Axis Securities | sell | — | Exiting position. |
| IGL | Motilal Oswal | buy | 150 | Given a price target. |
| MOTHERSON | Emkay | buy | 158 | Given a price target. |
| PFOCUS | Choice Broking | buy | 345 | Technical recommendation with target and stoploss. |
| ACMESOLAR | Choice Broking | buy | 460 | Technical recommendation with target and stoploss. |
| MANKIND | Anand Rathi | buy | 3,380 | Technical recommendation with target and stoploss. |
| BEML | Anand Rathi | buy | 2,280 | Technical recommendation with target and stoploss. |
| FDC | Anand Rathi | buy | 370 | Intraday recommendation with target and stop loss. |
| HATSUN | Anand Rathi | buy | 1,350 | Intraday recommendation with target and stop loss. |
| INDOCO | NeoTrader | buy | 295 | Technical recommendation with target and stop loss. |
| AVALON | NeoTrader | buy | 2,400 | Technical recommendation with target and stop loss. |
| SOMANYC | NeoTrader | buy | 600 | Technical recommendation with target and stop loss. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-09-16 | results | Tempsens Instruments (India) Ltd | |
| 2026-09-17 | results | Skyways Air Services Ltd | |
| 2026-09-21 | dividend | Bajaj Holdings & Investment Limited | |
| 2026-09-21 | dividend | Maharashtra Scooters Limited | |
| 2026-09-30 | dividend | Midwest Energy | |
| 2026-09-17 | split | Pankaj Piyush | |
| 2026-09-17 | split | Oriana Power Ltd | |
| 2026-09-17 | split | Bansal Wire Industries Ltd | |
| 2026-09-18 | split | Kairosoft AI Solutions Ltd | |
| 2026-09-21 | split | TAAL Enterprises | |
| 2026-09-25 | split | Midwest Energy | |
| 2026-09-25 | split | Naturite Agro Prod | |
| 2026-09-30 | agm | Superhouse Ltd | |
| 2026-09-30 | agm | Shree Tirupati Balajee Agro Trading Company Ltd | |
| 2026-09-30 | agm | Zodiac Clothing Company Ltd | |
| 2026-09-30 | agm | STL Global Ltd | |
| 2026-09-30 | agm | Satia Industries Ltd | |
| 2026-09-30 | agm | SCANDENT IMAGING | |
| 2026-09-30 | agm | MISHRA DHATU NIGAM | |
| 2026-09-30 | agm | MISQUITA ENGINEERING | |
| 2026-09-30 | agm | MRC EXIM | |
| 2026-09-30 | agm | 7SEAS ENTERTAINMENT | |
| 2026-09-30 | agm | ACCURACY SHIPPING | |
| 2026-09-30 | agm | DECCAN HEALTH CARE | |
| 2026-09-30 | agm | AXITA COTTON | |
| 2026-09-30 | agm | OMANSH ENTERPRISES LTD | |
| 2026-09-30 | agm | DESCO INFRATECH LTD | |
| 2026-09-30 | agm | SUPER IRON FOUNDRY LTD | |
| 2026-09-30 | agm | BELRISE INDUSTRIES LTD | |
| 2026-09-30 | agm | SUGS LLOYD LTD | |
| 2026-09-30 | agm | LGT BUSINESS CONNEXTIONS LTD | |
| 2026-09-30 | agm | AMEENJI RUBBER LTD | |
| 2026-09-30 | agm | NEETU YOSHI LTD | |
| 2026-09-30 | agm | VIRAT LEASING LTD | |
| 2026-09-30 | agm | SKYWAYS AIR SERVICES LTD | |
| 2026-09-30 | agm | SV TRADING & AGENCIES LTD | |
| 2026-09-30 | agm | KP GREEN ENGINEERING LTD | |
| 2026-09-30 | agm | RETINA PAINTS | |
| 2026-09-30 | agm | DP WIRES | |
| 2026-09-30 | agm | OLATECH SOLUTIONS LTD | |
| 2026-09-30 | agm | ACE MEN ENG | |
| 2026-09-30 | agm | BILLWIN INDUSTRIES | |
| 2026-09-30 | agm | WELTERMAN INT | |
| 2026-09-30 | agm | SURAJ INDUSTRIES | |
| 2026-09-30 | agm | KRISHNA CAPITAL | |
| 2026-09-30 | agm | NMS RESOURCES | |
| 2026-09-30 | agm | HARI GOVIND INTERNATIONAL LTD | |
| 2026-09-30 | agm | HRS ALUGLAZE LTD | |
| 2026-09-30 | agm | ADVENT HOTELS INTERNATIONAL LTD | |
| 2026-09-30 | agm | SIDDHESWARI GARMENTS LTD | |
| 2026-09-30 | agm | KEMISTAR CORP | |
| 2026-09-30 | agm | FRONTLINE FINANCIAL SERVICES LTD | |
| 2026-09-30 | agm | KIAASA RETAIL LTD | |
| 2026-09-30 | agm | RECODE STUDIOS LTD |
FII / DII Activity
FII Net
−2,977.86 cr
DII Net
+2,686.05 cr
As of 2026-09-15
Market Cues
NIFTY 50
23,256.25
+0.60%SENSEX
74,407.56
+0.55%NASDAQ
25,981.57
-0.78%GOLD
4,328.8
-0.09%INDIA VIX
12.968
-3.46%Market Sectors
NIFTY BANK
56,301.1
+0.91%NIFTY IT
29,247.15
-1.04%NIFTY PHARMA
26,119.1
-0.26%NIFTY AUTO
26,953.35
+0.74%NIFTY METAL
12,766.4
+0.77%NIFTY ENERGY
37,280.55
+0.36%NIFTY REALTY
825.15
+1.34%NIFTY FIN SERVICE
27,269.4
+0.62%NIFTY FMCG
45,640.1
+1.81%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| ITC | ITC | 263.70 | +2.21% |
| TATACONSUM | Tata Consumer Products | 1,007.30 | +2.15% |
| SBIN | State Bank of India | 988.20 | +2.09% |
| NESTLEIND | Nestle India | 1,389.00 | +1.98% |
| AXISBANK | Axis Bank | 1,246.40 | +1.92% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| TCS | Tata Consultancy Services | 2,210.40 | -1.80% |
| WIPRO | Wipro | 167.47 | -1.49% |
| INFY | Infosys | 1,064.40 | -1.17% |
| TECHM | Tech Mahindra | 1,558.10 | -1.13% |
| DIVISLAB | Divi's Laboratories | 9,108.00 | -0.98% |
52-Week High & Low
Near 52-Week High
No stocks within 2% of their 52-week high.
Near 52-Week Low
Market Close & Portfolio Surveillance
Session Summary
Genuine sell signals emerged primarily from the IT sector due to broad selling pressure and key technical breaches, alongside a significant drawdown in KALYANKJIL.
Alerts(6)
Fell -2.8% and breached its 50DMA support, consistent with significant selling pressure in the IT sector.
Declined -1.6% and fell below its 50DMA support, aligned with the broader underperformance of the IT sector.
Was down -1.8% and below its 50DMA support, consistent with general weakness in the IT sector.
Declined by -1.9% and was below its 50DMA support, aligning with the overall negative sentiment in the IT sector.
Was down -1.6% with average volume and below its 50DMA support, consistent with the declining IT sector.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,233.4 | +0.07% | +0.1% vs prev close, vol 0.8x avg — flags: below 50DMA support |
ACE ACE | ₹1,150.35 | +1.75% | +1.8% vs prev close, vol 0.6x avg |
AMBUJACEM AMBUJACEM | ₹381.05 | -0.18% | -0.2% vs prev close, vol 0.6x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,712.95 | +0.15% | +0.1% vs prev close, vol 2.1x avg — flags: volume>2x avg |
ASTRAL ASTRAL | ₹1,382.5 | +0.21% | +0.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BDL BDL | ₹1,136 | -0.26% | -0.3% vs prev close, vol 1.3x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,835 | +0.25% | +0.3% vs prev close, vol 0.6x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹625.85 | +2.12% | +2.1% vs prev close, vol 0.3x avg |
BSOFT BSOFT | ₹281.2 | -1.76% | -1.8% vs prev close, vol 0.7x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹188.8 | +0.53% | +0.5% vs prev close, vol 0.5x avg |
CENTRALBK CENTRALBK | ₹30.39 | -0.30% | -0.3% vs prev close, vol 1.2x avg — flags: below 50DMA support |
DALBHARAT DALBHARAT | ₹1,691.95 | +0.24% | +0.2% vs prev close, vol 0.4x avg — flags: below 50DMA support |
DIXON DIXON | ₹13,181 | +0.01% | +0.0% vs prev close, vol 1.4x avg — flags: below 50DMA support |
DLF DLF | ₹622.8 | +0.31% | +0.3% vs prev close, vol 0.7x avg — flags: below 50DMA support |
FIRSTCRY FIRSTCRY | ₹170.02 | -0.88% | -0.9% vs prev close, vol 1.3x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹863 | +0.70% | +0.7% vs prev close, vol 0.9x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,089.9 | +0.27% | +0.3% vs prev close, vol 0.9x avg — flags: below 50DMA support |
HCLTECH HCLTECH | ₹1,251.15 | -0.31% | -0.3% vs prev close, vol 1.6x avg — flags: below 50DMA support |
HDFCBANK HDFCBANK | ₹721.5 | +0.69% | +0.7% vs prev close, vol 1.0x avg — flags: below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,248.95 | +1.31% | +1.3% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹972.7 | +1.46% | +1.5% vs prev close, vol 1.2x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹1,962 | +1.23% | +1.2% vs prev close, vol 0.8x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,358.8 | +0.62% | +0.6% vs prev close, vol 1.1x avg — flags: below 50DMA support |
IIFL IIFL | ₹585.7 | +0.80% | +0.8% vs prev close, vol 0.4x avg — flags: below 50DMA support |
INFY INFY | ₹1,060 | -1.58% | -1.6% vs prev close, vol 0.8x avg — flags: below 50DMA support |
IREDA IREDA | ₹108.4 | -1.05% | -1.0% vs prev close, vol 1.5x avg — flags: below 50DMA support |
ITC ITC | ₹264.15 | +2.38% | +2.4% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹153.39 | +0.77% | +0.8% vs prev close, vol 1.3x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,103 | +0.73% | +0.7% vs prev close, vol 0.6x avg |
JIOFIN JIOFIN | ₹224.84 | -0.34% | -0.3% vs prev close, vol 1.1x avg — flags: below 50DMA support |
JKPAPER JKPAPER | ₹417.35 | +3.79% | +3.8% vs prev close, vol 1.2x avg |
JWL JWL | ₹228.6 | -1.17% | -1.2% vs prev close, vol 1.7x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹580.9 | -3.86% | -3.9% vs prev close, vol 0.9x avg — flags: drawdown>3% |
KAMATHOTEL KAMATHOTEL | ₹209.88 | +1.10% | +1.1% vs prev close, vol 0.6x avg |
KOTAKBANK KOTAKBANK | ₹415 | +1.27% | +1.3% vs prev close, vol 0.9x avg |
LICI LICI | ₹395.5 | +1.02% | +1.0% vs prev close, vol 0.9x avg — flags: below 50DMA support |
LODHA LODHA | ₹1,085.8 | +1.47% | +1.5% vs prev close, vol 0.6x avg — flags: below 50DMA support |
M&M M&M | ₹3,073.95 | +1.45% | +1.5% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,248 | -1.78% | -1.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹1,025 | -0.49% | -0.5% vs prev close, vol 0.8x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹491.8 | -1.63% | -1.6% vs prev close, vol 0.9x avg — flags: below 50DMA support |
NHPC NHPC | ₹75.35 | -0.86% | -0.9% vs prev close, vol 0.6x avg — flags: below 50DMA support |
PRESTIGE PRESTIGE | ₹1,424 | +0.49% | +0.5% vs prev close, vol 1.1x avg — flags: below 50DMA support |
PSB PSB | ₹22.32 | -0.40% | -0.4% vs prev close, vol 0.9x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,254.6 | +2.75% | +2.8% vs prev close, vol 0.6x avg |
RELIANCE RELIANCE | ₹1,241.4 | +0.44% | +0.4% vs prev close, vol 1.0x avg |
SBIN SBIN | ₹991.4 | +2.42% | +2.4% vs prev close, vol 1.2x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹182.85 | -0.30% | -0.3% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,188.8 | -2.76% | -2.8% vs prev close, vol 1.1x avg — flags: below 50DMA support |
TMPV TMPV | ₹301.05 | -0.64% | -0.6% vs prev close, vol 0.8x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,033 | -0.42% | -0.4% vs prev close, vol 0.5x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹10,700 | +0.03% | +0.0% vs prev close, vol 1.0x avg — flags: below 50DMA support |
VBL VBL | ₹410.4 | +0.20% | +0.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
VMM VMM | ₹100.97 | +0.87% | +0.9% vs prev close, vol 0.5x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹166.7 | -1.85% | -1.9% vs prev close, vol 0.7x avg — flags: below 50DMA support |