High
BDLBDL
Moderate price drop on significantly high volume while falling below its 50DMA support, indicating a breakdown in technical support with strong conviction from sellers.
below 50DMA supporthigh volume
Daily Report
Daily Report - Thu, 24 Sept, 2026, 13:10 IST
Market Summary
The Indian market witnessed a broad-based decline, with NIFTY 50 and SENSEX falling over 1% each, primarily dragged down by significant losses in Financial Services and Banking sectors. Despite FII selling, DIIs provided substantial support through buying. Traders should note the poor market breadth and the resilience shown by Pharma and Realty sectors ahead of the open.
Key Takeaways
- NIFTY 50 and SENSEX closed down over 1%, reflecting widespread selling pressure.
- NIFTY BANK and NIFTY FIN SERVICE were significant underperformers, dropping 1.66% and 1.71% respectively.
- Market breadth was heavily negative with 10 advances against 48 declines.
- Domestic Institutional Investors (DIIs) were net buyers with 2341.46 cr, offsetting Foreign Institutional Investor (FII) selling of 1617.45 cr.
- NIFTY Pharma (+0.04%) and NIFTY Realty (+0.09%) showed marginal gains amidst the broader downturn.
- India VIX remained low at 11.6, suggesting contained volatility despite the market decline.
Top Stories & Market Intelligence
- Macro & Policy - Financial News
RBI maintains repo rate at 5.25%; global agencies foresee future hikes
- Global Cues - Financial News
Indian markets open lower on weak global cues: high crude, rising US yields
- Earnings - Corporate Filings
Prasol Chemicals, PALUCK TECHNOLOGIES, PERNIASPOP to announce quarterly results today
- Sectoral - Financial News
IT sector gains 2.96% with Tech Mahindra leading; Nifty Finance sector weakest
TECHM - Corporate Actions - Financial News
India's M&A deal volumes decline 20% but values remain steady in 2026
- Stocks in Focus - Financial News
National Stock Exchange of India (NSE) makes its historic debut on bourses
- Macro & Policy - Financial News
India's retail inflation rises to 4.82% in August; Crisil projects 5.1% average for FY27
- Corporate Actions - Corporate Announcement
Pitti Engineering's merger with Dakshin Foundry becomes effective
PITTIENG
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| HAPPYFORGE | Motilal Oswal Wealth Management Research Desk | buy | 2,438 | Recommended by Motilal Oswal with an implied 13% upside. |
| BHARTIARTL | Axis Securities | buy | 2,530 | Top pick by Axis Securities with a 40% upside potential. |
| VARUNBEV | Axis Securities | buy | 530 | Top pick by Axis Securities with a 32% upside potential. |
| CCL | Axis Securities | buy | 1,425 | Top pick by Axis Securities with a 32% upside potential. |
| ICICIBANK | Axis Securities | buy | 1,800 | Top pick by Axis Securities with a 24% upside potential. |
| BAJFINANCE | Axis Securities | buy | 1,305 | Top pick by Axis Securities with a 23% upside potential. |
| DALMIABHARAT | Axis Securities | buy | 2,260 | Top pick by Axis Securities with a 22% upside potential. |
| CUB | Axis Securities | buy | 280 | Top pick by Axis Securities with a 22% upside potential. |
| KOTAKBANK | Axis Securities | buy | 500 | Top pick by Axis Securities with a 19% upside potential. |
| ETERNAL | Axis Securities | buy | 390 | Top pick by Axis Securities with a 19% upside potential. |
| NESTLEIND | Axis Securities | buy | 1,765 | Top pick by Axis Securities with an 18% upside potential. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-09-24 | GLOBAL | agm | GLOBAL Education Limited |
| 2026-09-25 | LAMOSAIC | agm | LAMOSAIC INDIA LIMITED |
| 2026-09-25 | MIDWEST | split | Midwest Energy |
| 2026-10-06 | BLS | split | BLS E-Services |
FII / DII Activity
FII Net
+1,617.45 cr
DII Net
+2,341.46 cr
As of 2026-09-23
Market Cues
NIFTY 50
23,177.2
-1.15%SENSEX
73,959.26
-1.16%NASDAQ
26,936.037
-1.13%GOLD
4,324.4
+0.14%INDIA VIX
11.6
+12.13%Market Sectors
NIFTY BANK
55,612.4
-1.66%NIFTY IT
28,313.9
-0.07%NIFTY PHARMA
27,162.05
+0.04%NIFTY AUTO
26,940.5
-0.80%NIFTY METAL
13,130.75
-1.29%NIFTY ENERGY
37,459.7
-0.79%NIFTY REALTY
871.8
+0.09%NIFTY FIN SERVICE
27,170.45
-1.71%NIFTY FMCG
45,953.3
-0.66%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| CIPLA | Cipla | 1,410.00 | +1.95% |
| SHREECEM | Shree Cement | 22,600.00 | +0.44% |
| DIVISLAB | Divi's Laboratories | 9,660.00 | +0.37% |
| SBILIFE | SBI Life Insurance | 1,764.10 | +0.23% |
| DLF | DLF | 676.45 | +0.21% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| HDFCLIFE | HDFC Life Insurance | 532.35 | -5.19% |
| BAJFINANCE | Bajaj Finance | 991.50 | -4.96% |
| AXISBANK | Axis Bank | 1,185.50 | -4.64% |
| BAJAJFINSV | Bajaj Finserv | 1,774.20 | -3.92% |
| INDUSINDBK | IndusInd Bank | 921.80 | -3.91% |
52-Week High & Low
Near 52-Week High
DIVISLABDivi's Laboratories
9,660.00−0.82%
APOLLOHOSPApollo Hospitals
8,969.50−1.11%
Near 52-Week Low
MARUTIMaruti Suzuki
12,111.00+0.07%
RELIANCEReliance Industries
1,229.30+0.24%
BRITANNIABritannia Industries
4,933.00+0.37%
HINDUNILVRHindustan Unilever
1,935.00+0.46%
TATACONSUMTata Consumer Products
989.00+0.61%
WIPROWipro
164.73+0.93%
HAVELLSHavells India
1,098.40+1.60%
Session Close Surveillance
16:15 ISTMarket Close & Portfolio Surveillance
Session Summary
A broad market downturn, fueled by macro pressures, highlights genuine sell signals in BDL, FIRSTCRY, LICI, PVRINOX, and SBIN, driven by strong selling conviction and specific negative catalysts.
Alerts(5)
High
FIRSTCRYFIRSTCRY
Relatively small price drop but extremely high volume accompanying a breach of 50DMA support, indicating concerted selling, possibly due to specific company news or institutional exits.
below 50DMA supportextremely high volume
High
LICILICI
Modest price drop with high volume, particularly concerning given the financial services sector pressure due to proposed IRDAI regulatory changes on commission caps, directly impacting insurance companies like LIC.
high volume
High
PVRINOXPVRINOX
Substantial drawdown of -4.6% on average volume, suggesting company-specific concerns or strong negative sentiment developing beyond general market weakness.
>3% drawdown
High
SBINSBIN
Notable price drop with nearly 2x average volume in a heavily impacted financial sector, indicating strong selling interest and active divestment.
high volume
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,211.8 | +0.45% | +0.4% vs prev close, vol 3.3x avg — flags: volume>2x avg, below 50DMA support |
ACE ACE | ₹1,241.45 | -1.00% | -1.0% vs prev close, vol 1.4x avg |
AMBUJACEM AMBUJACEM | ₹384.1 | -2.20% | -2.2% vs prev close, vol 0.8x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,900 | -1.77% | -1.8% vs prev close, vol 0.7x avg |
ASTRAL ASTRAL | ₹1,392 | -0.20% | -0.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BDL BDL | ₹1,155 | -0.60% | -0.6% vs prev close, vol 2.2x avg — flags: volume>2x avg, below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,795.8 | -2.04% | -2.0% vs prev close, vol 0.8x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹605.7 | -1.68% | -1.7% vs prev close, vol 0.9x avg |
BSOFT BSOFT | ₹277.65 | -1.24% | -1.2% vs prev close, vol 0.6x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹194.65 | +0.67% | +0.7% vs prev close, vol 1.3x avg |
CENTRALBK CENTRALBK | ₹31.19 | -1.45% | -1.5% vs prev close, vol 0.9x avg |
DALBHARAT DALBHARAT | ₹1,720.35 | -1.32% | -1.3% vs prev close, vol 0.2x avg — flags: below 50DMA support |
DIXON DIXON | ₹13,299 | +0.75% | +0.8% vs prev close, vol 0.6x avg — flags: below 50DMA support |
DLF DLF | ₹670.4 | -0.68% | -0.7% vs prev close, vol 1.4x avg |
FIRSTCRY FIRSTCRY | ₹179.63 | -0.43% | -0.4% vs prev close, vol 4.3x avg — flags: volume>2x avg, below 50DMA support |
GODREJCP GODREJCP | ₹875 | -0.54% | -0.5% vs prev close, vol 0.5x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,090 | -0.59% | -0.6% vs prev close, vol 0.4x avg — flags: below 50DMA support |
HCLTECH HCLTECH | ₹1,244.85 | -0.89% | -0.9% vs prev close, vol 0.2x avg — flags: below 50DMA support |
HDFCBANK HDFCBANK | ₹728.9 | -1.13% | -1.1% vs prev close, vol 1.0x avg |
HEROMOTOCO HEROMOTOCO | ₹5,281 | -2.09% | -2.1% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹982 | -2.17% | -2.2% vs prev close, vol 1.3x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹1,933.5 | -0.85% | -0.8% vs prev close, vol 1.0x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,334.5 | -0.41% | -0.4% vs prev close, vol 1.0x avg — flags: below 50DMA support |
IIFL IIFL | ₹617.55 | -2.49% | -2.5% vs prev close, vol 0.3x avg |
INFY INFY | ₹1,014.5 | -0.59% | -0.6% vs prev close, vol 0.8x avg — flags: below 50DMA support |
IREDA IREDA | ₹110 | -0.90% | -0.9% vs prev close, vol 0.8x avg — flags: below 50DMA support |
ITC ITC | ₹268 | -0.80% | -0.8% vs prev close, vol 0.6x avg |
ITCHOTELS ITCHOTELS | ₹164.01 | +1.72% | +1.7% vs prev close, vol 2.1x avg — flags: volume>2x avg |
JINDALSTEL JINDALSTEL | ₹1,157.8 | -1.49% | -1.5% vs prev close, vol 0.9x avg |
JIOFIN JIOFIN | ₹227.2 | -2.13% | -2.1% vs prev close, vol 1.0x avg — flags: below 50DMA support |
JKPAPER JKPAPER | ₹411.15 | -0.99% | -1.0% vs prev close, vol 0.4x avg |
JWL JWL | ₹228.05 | -2.17% | -2.2% vs prev close, vol 0.8x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹573.6 | -1.82% | -1.8% vs prev close, vol 0.5x avg — flags: below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹235.69 | -1.94% | -1.9% vs prev close, vol 0.4x avg |
KOTAKBANK KOTAKBANK | ₹405 | -2.00% | -2.0% vs prev close, vol 1.2x avg |
LICI LICI | ₹406 | -0.37% | -0.4% vs prev close, vol 2.2x avg — flags: volume>2x avg |
LODHA LODHA | ₹1,155 | -0.73% | -0.7% vs prev close, vol 0.5x avg — flags: below 50DMA support |
M&M M&M | ₹2,965 | -2.31% | -2.3% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,475 | +0.51% | +0.5% vs prev close, vol 0.4x avg |
MAXHEALTH MAXHEALTH | ₹1,046 | -1.31% | -1.3% vs prev close, vol 1.4x avg |
NEWGEN NEWGEN | ₹493.4 | -2.14% | -2.1% vs prev close, vol 0.7x avg — flags: below 50DMA support |
NHPC NHPC | ₹76 | -0.76% | -0.8% vs prev close, vol 0.5x avg |
PRESTIGE PRESTIGE | ₹1,475 | -1.01% | -1.0% vs prev close, vol 0.6x avg — flags: below 50DMA support |
PSB PSB | ₹21.77 | -1.45% | -1.4% vs prev close, vol 0.5x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,256.7 | -4.61% | -4.6% vs prev close, vol 1.0x avg — flags: drawdown>3% |
RELIANCE RELIANCE | ₹1,219 | -2.25% | -2.2% vs prev close, vol 1.0x avg |
SBIN SBIN | ₹978.5 | -1.57% | -1.6% vs prev close, vol 1.9x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹188.4 | -1.23% | -1.2% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,087 | -0.12% | -0.1% vs prev close, vol 0.6x avg — flags: below 50DMA support |
TMPV TMPV | ₹295.6 | -1.73% | -1.7% vs prev close, vol 0.8x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,091 | -1.06% | -1.1% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹11,056 | -0.89% | -0.9% vs prev close, vol 1.2x avg — flags: below 50DMA support |
VBL VBL | ₹431.25 | -1.12% | -1.1% vs prev close, vol 0.9x avg |
VMM VMM | ₹105.46 | -0.51% | -0.5% vs prev close, vol 1.8x avg |
WIPRO WIPRO | ₹163.6 | -0.73% | -0.7% vs prev close, vol 1.1x avg — flags: below 50DMA support |