Banking sector under pressure, HDFC Bank was a top Sensex loser, price drop coupled with breaking 50DMA.
Daily Report
Daily Report - Thu, 17 Sept, 2026, 13:19 IST
Market Summary
Indian markets closed on a positive note, with NIFTY and SENSEX showing modest gains driven by strong performances in Realty, Pharma, and Auto sectors. Domestic institutional investors provided significant support, absorbing foreign institutional selling. Traders should watch for continued sectoral rotation and DII activity as key drivers.
Key Takeaways
- NIFTY and SENSEX closed positive, up 0.44% and 0.31% respectively.
- Realty (+1.6%), Pharma (+1.3%), and Auto (+1.24%) sectors were the top performers.
- Nifty Bank and Nifty IT indices ended marginally in negative territory.
- Market breadth was positive with 43 advances against 15 declines.
- DIIs were net buyers (+3908.23cr) offsetting FII selling (-2032.61cr).
- HDFCLIFE and SBILIFE were top gainers, while ONGC and BAJAJ-AUTO were top losers.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI may hike policy repo rate to 6.5% amid rising inflation concerns
- Global Cues - Reuters
Indian markets muted after US Fed hikes interest rates by 25 bps, signals further increases
- Earnings - Business Standard
Tempsens Instruments India to announce Q1 results today
- Sectoral - Economic Times
Indian equity benchmarks trade marginally higher after opening in red
- Corporate Actions - Moneycontrol
NSE IPO worth ₹22,561.57 crore opens today, expected to absorb market liquidity
- Stocks in Focus - Moneycontrol
Highway Infrastructure, GR Infraprojects, Mazagon Dock, Alembic Pharma, Groww in focus due to recent orders, deals, regulatory updates
GRINFRA, MAZAGONDOCK, ALEMBICPH - Macro & Policy - Reuters
Indian government reduces windfall taxes on petrol, diesel, and ATF exports
- Global Cues - Moneycontrol
Elevated crude oil prices and West Asia geopolitical risks weigh on market sentiment
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| AEGISLOG | Aakash K Hindocha | buy | — | Recommended as a top stock to buy today, September 17, 2026. |
| AARTIPHARMA | Aakash K Hindocha | buy | — | Recommended as a top stock to buy today, September 17, 2026. |
| JUSTDIAL | Aakash K Hindocha | buy | — | Recommended as a top stock to buy today, September 17, 2026. |
| BHARTIARTL | Axis Securities | buy | 2,530 | Maintained 'Buy' recommendation with an upside potential of 40%. |
| VBL | Axis Securities | buy | 530 | Maintained 'Buy' recommendation with an upside potential of 32%. |
| CCL | Axis Securities | buy | 1,425 | Maintained 'Buy' recommendation with an upside potential of 32%. |
| ICICIBANK | Axis Securities | buy | 1,800 | Maintained 'Buy' recommendation with an upside potential of 24%. |
| BAJFINANCE | Axis Securities | buy | 1,305 | Maintained 'Buy' recommendation with an upside potential of 23%. |
| DALMIABHA | Axis Securities | buy | 2,260 | Maintained 'Buy' recommendation with an upside potential of 22%. |
| CUB | Axis Securities | buy | 280 | Maintained 'Buy' recommendation with an upside potential of 22%. |
| KOTAKBANK | Axis Securities | buy | 500 | Maintained 'Buy' recommendation with an upside potential of 19%. |
| ETERNAL | Axis Securities | buy | 390 | Maintained 'Buy' recommendation with an upside potential of 19%. |
| NESTLEIND | Axis Securities | buy | 1,765 | Maintained 'Buy' recommendation with an upside potential of 18%. |
| PONDYOXIDE | ICICI Direct | buy | 625 | Buy rating with a target price, indicating 38% upside from current levels. |
| WAREE | Joindre Capital Services | buy | 3,112 | Buy rating with a target price, indicating 24.43% upside from current levels. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-09-23 | New Swan Multitech | dividend | New Swan Multitech |
| 2026-09-23 | JG Chemicals | dividend | JG Chemicals |
| 2026-09-23 | Agribio Spirits | dividend | Agribio Spirits |
FII / DII Activity
FII Net
−2,032.61 cr
DII Net
+3,908.23 cr
As of 2026-09-16
Market Cues
NIFTY 50
23,319.8
+0.44%SENSEX
74,563.76
+0.31%NASDAQ
25,978.424
-0.01%GOLD
4,302.7
-1.93%INDIA VIX
12.313
-6.49%Market Sectors
NIFTY BANK
56,247.85
-0.08%NIFTY IT
29,068.5
-0.07%NIFTY PHARMA
26,484.9
+1.30%NIFTY AUTO
27,228.05
+1.24%NIFTY METAL
12,848.5
+0.86%NIFTY ENERGY
37,415.45
+0.62%NIFTY REALTY
835.45
+1.60%NIFTY FIN SERVICE
27,470.95
+0.66%NIFTY FMCG
45,770.5
+0.46%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HDFCLIFE | HDFC Life Insurance | 558.55 | +5.35% |
| SBILIFE | SBI Life Insurance | 1,762.80 | +3.82% |
| DLF | DLF | 643.30 | +3.29% |
| DRREDDY | Dr. Reddy's Laboratories | 1,173.30 | +2.92% |
| SRF | SRF | 2,544.50 | +2.60% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| ONGC | Oil & Natural Gas Corp | 232.90 | -1.65% |
| BAJAJ-AUTO | Bajaj Auto | 11,475.00 | -1.02% |
| TITAN | Titan Company | 4,863.00 | -0.93% |
| HDFCBANK | HDFC Bank | 716.70 | -0.67% |
| HCLTECH | HCL Technologies | 1,245.20 | -0.62% |
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 identified for HDFCBANK.NS, HINDUNILVR.NS, ICICIBANK.NS, and PSB.BO due to sectoral pressure and technical breakdowns, while ACE.BO suggests a potential sell into strength due to an unconfirmed high-volume spike.
Alerts(5)
FMCG sector under pressure, 1.0% drop on average volume, combined with breaking 50DMA in a weak sectoral environment.
Banking sector faced weakness, ICICI Bank trading lower, combined with the 50DMA breach.
2.0% decline with above-average volume (1.3x) in a pressured banking sector; Public Sector Banks specifically mentioned under pressure.
Significant 4.7% price jump on very high volume (3.4x avg) without specific positive news, potentially indicating an unsustainable spike to sell into strength.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,257.4 | +1.95% | +1.9% vs prev close, vol 0.4x avg — flags: below 50DMA support |
ACE ACE | ₹1,204.95 | +4.75% | +4.7% vs prev close, vol 3.4x avg — flags: volume>2x avg |
AMBUJACEM AMBUJACEM | ₹383.25 | +0.58% | +0.6% vs prev close, vol 0.8x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,750 | +0.43% | +0.4% vs prev close, vol 2.9x avg — flags: volume>2x avg |
ASTRAL ASTRAL | ₹1,398.9 | +1.19% | +1.2% vs prev close, vol 0.4x avg — flags: below 50DMA support |
BDL BDL | ₹1,150 | +1.23% | +1.2% vs prev close, vol 0.4x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,836 | +0.05% | +0.1% vs prev close, vol 0.9x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹621.95 | -0.62% | -0.6% vs prev close, vol 0.2x avg |
BSOFT BSOFT | ₹283.85 | +0.94% | +0.9% vs prev close, vol 0.4x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹191.65 | +1.51% | +1.5% vs prev close, vol 1.6x avg |
CENTRALBK CENTRALBK | ₹30.39 | 0.00% | +0.0% vs prev close, vol 0.5x avg — flags: below 50DMA support |
DALBHARAT DALBHARAT | ₹1,690 | -0.12% | -0.1% vs prev close, vol 0.2x avg — flags: below 50DMA support |
DIXON DIXON | ₹13,290 | +0.83% | +0.8% vs prev close, vol 0.7x avg — flags: below 50DMA support |
DLF DLF | ₹640 | +2.76% | +2.8% vs prev close, vol 0.7x avg — flags: below 50DMA support |
FIRSTCRY FIRSTCRY | ₹169.25 | -0.45% | -0.5% vs prev close, vol 0.4x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹873 | +1.16% | +1.2% vs prev close, vol 0.6x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,092 | +0.19% | +0.2% vs prev close, vol 0.7x avg — flags: below 50DMA support |
HCLTECH HCLTECH | ₹1,256 | +0.39% | +0.4% vs prev close, vol 0.5x avg — flags: below 50DMA support |
HDFCBANK HDFCBANK | ₹713 | -1.18% | -1.2% vs prev close, vol 0.8x avg — flags: below 50DMA support |
HEROMOTOCO HEROMOTOCO | ₹5,325 | +1.45% | +1.4% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹980.5 | +0.80% | +0.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹1,942.2 | -1.01% | -1.0% vs prev close, vol 1.0x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,347.6 | -0.82% | -0.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
IIFL IIFL | ₹596.55 | +1.85% | +1.9% vs prev close, vol 0.8x avg — flags: below 50DMA support |
INFY INFY | ₹1,058.6 | -0.13% | -0.1% vs prev close, vol 0.7x avg — flags: below 50DMA support |
IREDA IREDA | ₹109.05 | +0.60% | +0.6% vs prev close, vol 0.9x avg — flags: below 50DMA support |
ITC ITC | ₹266.2 | +0.78% | +0.8% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹154.33 | +0.61% | +0.6% vs prev close, vol 0.7x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,128.4 | +2.30% | +2.3% vs prev close, vol 1.0x avg |
JIOFIN JIOFIN | ₹229.3 | +1.98% | +2.0% vs prev close, vol 1.2x avg — flags: below 50DMA support |
JKPAPER JKPAPER | ₹418.05 | +0.17% | +0.2% vs prev close, vol 2.8x avg — flags: volume>2x avg |
JWL JWL | ₹231.2 | +1.14% | +1.1% vs prev close, vol 0.4x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹581.45 | +0.09% | +0.1% vs prev close, vol 0.7x avg |
KAMATHOTEL KAMATHOTEL | ₹219.45 | +4.56% | +4.6% vs prev close, vol 0.4x avg |
KOTAKBANK KOTAKBANK | ₹416.5 | +0.36% | +0.4% vs prev close, vol 0.9x avg |
LICI LICI | ₹400 | +1.14% | +1.1% vs prev close, vol 1.0x avg — flags: below 50DMA support |
LODHA LODHA | ₹1,102.05 | +1.50% | +1.5% vs prev close, vol 0.5x avg — flags: below 50DMA support |
M&M M&M | ₹3,080 | +0.20% | +0.2% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,295 | +2.09% | +2.1% vs prev close, vol 0.1x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹1,037 | +1.17% | +1.2% vs prev close, vol 0.6x avg |
NEWGEN NEWGEN | ₹489.55 | -0.46% | -0.5% vs prev close, vol 0.2x avg — flags: below 50DMA support |
NHPC NHPC | ₹75.07 | -0.37% | -0.4% vs prev close, vol 0.3x avg — flags: below 50DMA support |
PRESTIGE PRESTIGE | ₹1,440.1 | +1.13% | +1.1% vs prev close, vol 1.2x avg — flags: below 50DMA support |
PSB PSB | ₹21.88 | -1.97% | -2.0% vs prev close, vol 1.3x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,272.7 | +1.44% | +1.4% vs prev close, vol 0.6x avg |
RELIANCE RELIANCE | ₹1,240.8 | -0.05% | -0.0% vs prev close, vol 1.0x avg |
SBIN SBIN | ₹988.7 | -0.27% | -0.3% vs prev close, vol 1.2x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹188 | +2.82% | +2.8% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,190 | +0.05% | +0.1% vs prev close, vol 1.3x avg — flags: below 50DMA support |
TMPV TMPV | ₹314.65 | +4.52% | +4.5% vs prev close, vol 1.4x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,101.7 | +1.70% | +1.7% vs prev close, vol 1.2x avg |
ULTRACEMCO ULTRACEMCO | ₹10,764 | +0.60% | +0.6% vs prev close, vol 0.7x avg — flags: below 50DMA support |
VBL VBL | ₹415.45 | +1.23% | +1.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
VMM VMM | ₹101.24 | +0.27% | +0.3% vs prev close, vol 0.2x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹166.35 | -0.21% | -0.2% vs prev close, vol 0.7x avg — flags: below 50DMA support |