High
ABRELABREL
Significant drawdown and high trading volume suggest deliberate selling pressure, amplified by market sentiment, indicating a genuine sell-off despite no specific negative company news.
drawdown>3%volume>2x avgbelow 50DMA support
Daily Report
Daily Report - Mon, 28 Sept, 2026, 14:18 IST
Market Summary
The Indian market witnessed broad-based selling pressure, with NIFTY 50 and SENSEX declining significantly by over 1.3%. All major sectoral indices, except IT, closed in the red, indicating widespread weakness. The extremely negative market breadth suggests continued caution is warranted at the open.
Key Takeaways
- NIFTY 50 and SENSEX both closed down over 1.3%.
- Market breadth was extremely negative with 5 advances against 53 declines.
- NIFTY IT was the only sector to close marginally positive (+0.03%), while Realty, Energy, and Financial Services saw the steepest declines.
- Top losers included Adani group stocks, Tata Consumer, HUL, and SBI.
- DRREDDY, Infosys, and HCL Tech were among the few gainers, albeit with marginal positive movement.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI likely to maintain cautious monetary policy stance amid inflation risks and weakening rupee
- Global Cues - Reuters
US-Iran conflict escalates, driving Brent crude near $100; FIIs net sellers in Indian equities
- Earnings - Moneycontrol
Q4 FY26 earnings season shows strong growth; key companies announce results
IOC, LT, MARUTI, JSWSTEEL, HDFCLIFE, KOTAKBANK, ITC, JINDALSTEL, NEWINDIA, LTIM - Sectoral - Business Standard
IT sector surges 3.71%, leads market gains; Healthcare sector declines
- Corporate Actions - Company Filing
Adani Power completes merger of 10 subsidiaries
ADANIPOWER - Stocks in Focus - Economic Times
Godrej Properties to launch new luxury housing project in Marine Lines
GODREJPROP - Corporate Actions - Economic Times
SAIL and BCCL sign MoU for joint coal block development
SAIL - Stocks in Focus - Business Standard
NMDC eyes new pellet plant
NMDC
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| BHARTIARTL | Axis Securities | buy | 2,530 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| VBL | Axis Securities | buy | 530 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| CCL | Axis Securities | buy | 1,425 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| ICICIBANK | Axis Securities | buy | 1,800 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| BAJFINANCE | Axis Securities | buy | 1,305 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| DALBHARAT | Axis Securities | buy | 2,260 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| CITYUNIONBK | Axis Securities | buy | 280 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| KOTAKBANK | Axis Securities | buy | 500 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| ETERNA | Axis Securities | buy | 390 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| NESTLEIND | Axis Securities | buy | 1,765 | Constructive on Indian equities due to strong macroeconomic fundamentals, government capital expenditure, GST 2.0 reforms, and an improving corporate earnings cycle. |
| PEARLGBL | Motilal Oswal Wealth Management Research Desk | buy | 1,500 | Recommended for the week starting September 28, 2026. |
| INDEGENE | Motilal Oswal Wealth Management Research Desk | buy | 708 | Recommended for the week starting September 28, 2026. |
| INDHOTEL | Morgan Stanley | buy | 886 | Upgraded to Overweight on September 21, 2026. |
| BEML | ICICI Direct | buy | 2,765 | Recommended by ICICI Direct. |
Market Cues
NIFTY 50
22,803.95
-1.45%SENSEX
72,914.71
-1.33%NASDAQ
27,068.717
+0.48%GOLD
4,298.8
-0.52%INDIA VIX
13.873
+14.08%Market Sectors
NIFTY BANK
54,525.1
-1.90%NIFTY IT
28,170
+0.03%NIFTY PHARMA
26,841.5
-0.60%NIFTY AUTO
26,531.6
-1.62%NIFTY METAL
12,847.1
-1.83%NIFTY ENERGY
36,752
-1.84%NIFTY REALTY
852.3
-1.96%NIFTY FIN SERVICE
26,678.5
-1.69%NIFTY FMCG
45,304.3
-1.39%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| DRREDDY | Dr. Reddy's Laboratories | 1,223.40 | +1.87% |
| INFY | Infosys | 1,004.30 | +0.41% |
| HCLTECH | HCL Technologies | 1,259.70 | +0.14% |
| HEROMOTOCO | Hero MotoCorp | 5,366.00 | +0.11% |
| TECHM | Tech Mahindra | 1,548.10 | +0.01% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| ADANIENT | Adani Enterprises | 2,824.40 | -3.16% |
| ADANIPORTS | Adani Ports & SEZ | 1,742.60 | -2.54% |
| TATACONSUM | Tata Consumer Products | 958.40 | -2.52% |
| HINDUNILVR | Hindustan Unilever | 1,895.10 | -2.46% |
| SBIN | State Bank of India | 959.70 | -2.37% |
52-Week High & Low
Near 52-Week High
DIVISLABDivi's Laboratories
9,557.50−1.87%
Near 52-Week Low
RELIANCEReliance Industries
1,200.30+0.01%
HINDUNILVRHindustan Unilever
1,895.10+0.01%
TATACONSUMTata Consumer Products
958.40+0.02%
BRITANNIABritannia Industries
4,897.50+0.59%
HAVELLSHavells India
1,081.50+0.65%
MARUTIMaruti Suzuki
12,038.00+0.79%
WIPROWipro
162.62+1.03%
NTPCNTPC
320.65+1.62%
ONGCOil & Natural Gas Corp
231.47+1.68%
BHARTIARTLBharti Airtel
1,773.70+1.91%
Session Close Surveillance
16:15 ISTMarket Close & Portfolio Surveillance
Session Summary
Most triggered alerts are market noise or sector-specific pressures; only ABREL.NS exhibits genuine selling pressure due to significant drawdown and high volume.
Alerts(1)
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,191.5 | -3.20% | -3.2% vs prev close, vol 2.1x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
ACE ACE | ₹1,213.05 | -1.18% | -1.2% vs prev close, vol 1.3x avg |
AMBUJACEM AMBUJACEM | ₹374.35 | -2.46% | -2.5% vs prev close, vol 1.5x avg — flags: below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,862 | -0.31% | -0.3% vs prev close, vol 2.8x avg — flags: volume>2x avg |
ASTRAL ASTRAL | ₹1,370.5 | -2.04% | -2.0% vs prev close, vol 0.4x avg — flags: below 50DMA support |
BDL BDL | ₹1,113.9 | -2.42% | -2.4% vs prev close, vol 1.0x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,771.4 | -0.78% | -0.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹584 | -2.45% | -2.4% vs prev close, vol 0.7x avg — flags: below 50DMA support |
BSOFT BSOFT | ₹271.1 | -1.08% | -1.1% vs prev close, vol 0.6x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹201.1 | -0.22% | -0.2% vs prev close, vol 3.3x avg — flags: volume>2x avg |
CENTRALBK CENTRALBK | ₹30.61 | -1.83% | -1.8% vs prev close, vol 0.9x avg |
DALBHARAT DALBHARAT | ₹1,651.4 | -2.75% | -2.8% vs prev close, vol 1.0x avg — flags: below 50DMA support |
DIXON DIXON | ₹13,640 | +1.87% | +1.9% vs prev close, vol 1.8x avg — flags: below 50DMA support |
DLF DLF | ₹663.55 | -2.85% | -2.8% vs prev close, vol 0.8x avg |
FIRSTCRY FIRSTCRY | ₹184.72 | +2.15% | +2.2% vs prev close, vol 4.3x avg — flags: volume>2x avg, below 50DMA support |
GODREJCP GODREJCP | ₹868 | -1.36% | -1.4% vs prev close, vol 0.9x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,085 | -1.05% | -1.0% vs prev close, vol 1.0x avg — flags: below 50DMA support |
HCLTECH HCLTECH | ₹1,253.7 | -0.45% | -0.5% vs prev close, vol 0.5x avg — flags: below 50DMA support |
HDFCBANK HDFCBANK | ₹719.05 | -2.25% | -2.2% vs prev close, vol 0.8x avg |
HEROMOTOCO HEROMOTOCO | ₹5,385 | +0.60% | +0.6% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹955.9 | -2.16% | -2.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹1,896 | -2.41% | -2.4% vs prev close, vol 1.5x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,302 | -1.87% | -1.9% vs prev close, vol 0.8x avg — flags: below 50DMA support |
IIFL IIFL | ₹598.15 | -3.05% | -3.0% vs prev close, vol 0.5x avg — flags: drawdown>3%, below 50DMA support |
INFY INFY | ₹1,003.2 | +0.30% | +0.3% vs prev close, vol 1.0x avg — flags: below 50DMA support |
IREDA IREDA | ₹114.95 | +1.37% | +1.4% vs prev close, vol 3.6x avg — flags: volume>2x avg |
ITC ITC | ₹265.2 | -1.41% | -1.4% vs prev close, vol 0.7x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹158.57 | -2.06% | -2.1% vs prev close, vol 0.8x avg — flags: below 50DMA support |
JINDALSTEL JINDALSTEL | ₹1,139.6 | -2.16% | -2.2% vs prev close, vol 1.1x avg |
JIOFIN JIOFIN | ₹220.5 | -2.86% | -2.9% vs prev close, vol 1.7x avg — flags: below 50DMA support |
JKPAPER JKPAPER | ₹398.15 | -2.52% | -2.5% vs prev close, vol 0.3x avg |
JWL JWL | ₹222.3 | -1.92% | -1.9% vs prev close, vol 0.6x avg — flags: below 50DMA support |
KALYANKJIL KALYANKJIL | ₹564 | -1.57% | -1.6% vs prev close, vol 0.4x avg — flags: below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹233.18 | -1.67% | -1.7% vs prev close, vol 0.7x avg |
KOTAKBANK KOTAKBANK | ₹401.55 | -0.61% | -0.6% vs prev close, vol 1.5x avg |
LICI LICI | ₹400.65 | -2.05% | -2.1% vs prev close, vol 0.8x avg — flags: below 50DMA support |
LODHA LODHA | ₹1,116 | -3.96% | -4.0% vs prev close, vol 0.3x avg — flags: drawdown>3%, below 50DMA support |
M&M M&M | ₹2,994.4 | -1.22% | -1.2% vs prev close, vol 1.0x avg |
MANKIND MANKIND | ₹2,439.55 | -1.45% | -1.5% vs prev close, vol 1.0x avg |
MAXHEALTH MAXHEALTH | ₹1,000.1 | -1.37% | -1.4% vs prev close, vol 1.4x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹474.5 | -2.39% | -2.4% vs prev close, vol 0.6x avg — flags: below 50DMA support |
NHPC NHPC | ₹74.5 | -1.97% | -2.0% vs prev close, vol 1.4x avg — flags: below 50DMA support |
PRESTIGE PRESTIGE | ₹1,470.8 | -0.47% | -0.5% vs prev close, vol 1.3x avg — flags: below 50DMA support |
PSB PSB | ₹21.3 | -2.43% | -2.4% vs prev close, vol 1.1x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,225 | -2.36% | -2.4% vs prev close, vol 0.6x avg |
RELIANCE RELIANCE | ₹1,198.5 | -2.24% | -2.2% vs prev close, vol 1.0x avg |
SBIN SBIN | ₹962 | -2.14% | -2.1% vs prev close, vol 1.3x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹186 | -0.91% | -0.9% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,070.7 | -0.54% | -0.5% vs prev close, vol 0.9x avg — flags: below 50DMA support |
TMPV TMPV | ₹283 | -2.51% | -2.5% vs prev close, vol 1.0x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,095 | -1.50% | -1.5% vs prev close, vol 0.8x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹11,025 | -1.17% | -1.2% vs prev close, vol 1.3x avg — flags: below 50DMA support |
VBL VBL | ₹430 | -1.10% | -1.1% vs prev close, vol 0.9x avg |
VMM VMM | ₹100.81 | -2.60% | -2.6% vs prev close, vol 0.9x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹161.7 | -1.49% | -1.5% vs prev close, vol 1.4x avg — flags: below 50DMA support |