High
M&MM&M
Explicitly identified as a 'biggest laggard' with significant fall and high volume, amplified by a crashing auto sector due to disappointing sales data.
drawdown>3%volume>2x avgbelow 50DMA support
Daily Report
Daily Report - Thu, 1 Oct, 2026, 08:15 IST
Market Summary
The Indian market ended lower with both NIFTY and SENSEX showing negative performance, reflecting broad-based weakness. However, NIFTY IT significantly bucked the trend with strong gains, driven by select stocks. Despite heavy FII selling, strong DII buying provided a crucial cushion, limiting the downside.
Key Takeaways
- NIFTY and SENSEX closed down -0.88% and -0.79% respectively.
- NIFTY IT was a major outperformer, gaining +2.17%.
- Auto (-3.46%), Metal (-2.35%), and FMCG (-1.61%) sectors saw significant declines.
- Market breadth was negative with 16 advances against 42 declines.
- FIIs were net sellers (-10148.41cr), largely absorbed by DII buying (11271.73cr).
- INFY (+4.1%) and HDFCLIFE (+2.5%) were top gainers, while BAJAJ-AUTO (-7.6%) and MARUTI (-4.9%) were top losers.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI MPC Meeting Scheduled; Rate Hike Anticipated Amid Rising Inflation
- Global Cues - Economic Times
Global Markets Mixed; US Inflation Eases but FPIs Remain Net Sellers in India
- Earnings - Moneycontrol
Tech Mahindra Board to Consider Q2 FY27 Results, Bonus Issue on October 15-16
TECHM - Sectoral - Financial Express
Nifty Auto Index Slips 3.5% as Disappointing September Sales Data Weighs
BAJAJ-AUTO, MARUTI - Corporate Actions - Livemint
Sterlite Technologies Secures $1.2 Billion Optical Networking Deal for AI Data Centers
STLTECH - Stocks in Focus - NDTV Profit
Infosys Rises 4.11% as IT Stocks Rally on Eased US Rate Hike Worries
INFY - Macro & Policy - Reuters
Government Reduces Windfall Tax on Diesel, ATF Exports
RELIANCE, IOC, BPCL, HPCL - Sectoral - Business Today
IT Stocks Rebound, Nifty IT Posts Weekly Gain on Easing US Rate Hike Fears
INFY, TCS
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| HDFCBANK | Jefferies | buy | 880 | Citing the appointment of Anup Bagchi as the new CEO and MD, which is seen as a positive leadership transition. |
| BAJFINANCE | Jefferies | buy | — | Board approved a ₹17,500 crore capital raise (preferential warrants to Bajaj Finserv and QIP) which can lift FY28e BVPS by 8%, despite EPS remaining flat. |
| HDFCAMC | Kotak Institutional Equities | buy | 2,800 | Expects ~15% core earnings CAGR over FY2027-28E, driven by ~18% AUM CAGR. |
| ONGC | Kotak Institutional Equities | buy | 355 | Expects production outlook to improve and the Western Offshore partnership with BP to stabilize production. |
| UJJIVANSFB | Kotak Institutional Equities | buy | 85 | Transforming into a diversified retail and MSE bank, healthy loan growth, improving asset quality, and expected RoE recovery. |
| MCX | Macquarie | accumulate | 3,820 | Market undervalues platform optionality and cash-return potential. |
| CIPLA | Citi | buy | 1,530 | Focusing on competitive generic US FDA approvals. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-10-05 | NMDC | dividend | NMDC Limited |
| 2026-10-06 | BLSE | split | BLS E-Services Limited |
| 2026-10-07 | PTC | dividend | PTC India Limited |
| 2026-10-08 | SHANKARA | split | Shankara Buildpro Limited |
| 2026-10-09 | MOLDTEK | bonus | Mold-Tek Packaging Limited |
FII / DII Activity
FII Net
−10,148.41 cr
DII Net
+11,271.73 cr
As of 2026-09-30
Market Cues
NIFTY 50
22,421.95
-0.88%SENSEX
71,909.7
-0.79%NASDAQ
26,861.064
+0.24%GOLD
4,185.1
-0.04%INDIA VIX
14.455
+7.15%Market Sectors
NIFTY BANK
54,450.75
-0.33%NIFTY IT
28,304.7
+2.17%NIFTY PHARMA
26,311.55
-0.48%NIFTY AUTO
25,384.95
-3.46%NIFTY METAL
12,460.7
-2.35%NIFTY ENERGY
36,388.15
-0.68%NIFTY REALTY
835
-1.46%NIFTY FIN SERVICE
26,434.75
-0.46%NIFTY FMCG
43,789.85
-1.61%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| INFY | Infosys | 1,035.00 | +4.11% |
| HDFCLIFE | HDFC Life Insurance | 534.20 | +2.49% |
| HAVELLS | Havells India | 1,040.00 | +2.36% |
| HDFCBANK | HDFC Bank | 721.20 | +1.76% |
| SBILIFE | SBI Life Insurance | 1,721.60 | +1.49% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| BAJAJ-AUTO | Bajaj Auto | 10,045.00 | -7.62% |
| MARUTI | Maruti Suzuki | 11,386.00 | -4.86% |
| TATASTEEL | Tata Steel | 178.00 | -3.42% |
| ADANIPORTS | Adani Ports & SEZ | 1,737.80 | -3.36% |
| GRASIM | Grasim Industries | 2,962.00 | -3.26% |
52-Week High & Low
Near 52-Week High
No stocks within 2% of their 52-week high.
Near 52-Week Low
ITCITC
255.90+0.49%
HINDUNILVRHindustan Unilever
1,836.00+0.50%
RELIANCEReliance Industries
1,167.70+0.59%
NTPCNTPC
315.10+0.65%
MARUTIMaruti Suzuki
11,386.00+0.72%
ONGCOil & Natural Gas Corp
222.37+0.80%
BHARTIARTLBharti Airtel
1,741.10+0.86%
IOCIndian Oil
131.34+0.86%
BRITANNIABritannia Industries
4,778.00+0.87%
TATACONSUMTata Consumer Products
957.00+1.27%
Session Close Surveillance
16:15 ISTMarket Close & Portfolio Surveillance
Session Summary
The Indian equity market experienced a significant downturn driven by FII outflows, high US bond yields, and rising crude prices, amplifying company/sector-specific weaknesses in M&M, Tata Steel, and ITC Hotels, which are identified as genuine sell signals with high carry-over risk.
Alerts(3)
High
TATASTEELTATASTEEL
Explicitly mentioned as a major laggard within a significantly down metal sector, indicating strong sectoral and stock-specific weakness.
drawdown>3%
High
ITCHOTELSITCHOTELS
Significantly underperforming the broader market with a strong decline and high volume, indicating conviction in selling.
drawdown>3%volume>2x avgbelow 50DMA support
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,101.6 | -2.57% | -2.6% vs prev close, vol 1.0x avg — flags: below 50DMA support |
AMBUJACEM AMBUJACEM | ₹363 | -2.46% | -2.5% vs prev close, vol 1.0x avg |
BANDHANBNK BANDHANBNK | ₹176 | -1.25% | -1.3% vs prev close, vol 0.8x avg |
BDL BDL | ₹1,088.25 | -1.88% | -1.9% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BEL BEL | ₹383.5 | -1.63% | -1.6% vs prev close, vol 1.0x avg |
BRITANNIA BRITANNIA | ₹4,794.85 | -0.33% | -0.3% vs prev close, vol 1.0x avg |
BSOFT BSOFT | ₹270 | -0.63% | -0.6% vs prev close, vol 1.0x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹198.2 | -1.16% | -1.2% vs prev close, vol 0.7x avg |
CENTRALBK CENTRALBK | ₹30.1 | -1.21% | -1.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |
DIXON DIXON | ₹12,700 | -3.05% | -3.1% vs prev close, vol 0.8x avg — flags: drawdown>3%, below 50DMA support |
EXIDEIND EXIDEIND | ₹409.4 | -0.78% | -0.8% vs prev close, vol 1.1x avg — flags: below 50DMA support |
FIRSTCRY FIRSTCRY | ₹174.8 | -3.05% | -3.1% vs prev close, vol 0.4x avg — flags: drawdown>3%, below 50DMA support |
GMRAIRPORT GMRAIRPORT | ₹93.66 | -1.46% | -1.5% vs prev close, vol 0.6x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹843 | -1.28% | -1.3% vs prev close, vol 1.0x avg |
HAVELLS HAVELLS | ₹1,040.6 | +2.50% | +2.5% vs prev close, vol 1.0x avg |
HCLTECH HCLTECH | ₹1,246 | +1.38% | +1.4% vs prev close, vol 1.7x avg — flags: below 50DMA support |
HDFCBANK HDFCBANK | ₹721.2 | +1.76% | +1.8% vs prev close, vol 1.3x avg |
HINDUNILVR HINDUNILVR | ₹1,841 | -2.17% | -2.2% vs prev close, vol 1.0x avg |
INFY INFY | ₹1,035 | +4.02% | +4.0% vs prev close, vol 1.0x avg |
IRCTC IRCTC | ₹454 | -0.31% | -0.3% vs prev close, vol 2.3x avg — flags: volume>2x avg, below 50DMA support |
IREDA IREDA | ₹111 | -0.61% | -0.6% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ITC ITC | ₹257 | -2.56% | -2.6% vs prev close, vol 1.0x avg |
ITCHOTELS ITCHOTELS | ₹158.75 | -3.17% | -3.2% vs prev close, vol 2.8x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
JWL JWL | ₹223.3 | -4.21% | -4.2% vs prev close, vol 1.2x avg — flags: drawdown>3%, below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹237.9 | +0.30% | +0.3% vs prev close, vol 0.8x avg |
LICI LICI | ₹392.2 | -0.48% | -0.5% vs prev close, vol 1.0x avg |
LODHA LODHA | ₹1,105.6 | -2.59% | -2.6% vs prev close, vol 1.2x avg — flags: below 50DMA support |
M&M M&M | ₹2,860 | -3.05% | -3.1% vs prev close, vol 2.6x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
MAGADSUGAR MAGADSUGAR | ₹510.3 | -3.94% | -3.9% vs prev close, vol 0.8x avg — flags: drawdown>3%, below 50DMA support |
MANKIND MANKIND | ₹2,535 | +1.25% | +1.2% vs prev close, vol 0.8x avg |
MAXHEALTH MAXHEALTH | ₹944.85 | +1.63% | +1.6% vs prev close, vol 1.0x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹457.8 | -2.16% | -2.2% vs prev close, vol 1.2x avg — flags: below 50DMA support |
NHPC NHPC | ₹71.94 | -1.32% | -1.3% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ONGC ONGC | ₹222.7 | -1.02% | -1.0% vs prev close, vol 1.0x avg |
PRESTIGE PRESTIGE | ₹1,494.1 | +0.82% | +0.8% vs prev close, vol 0.8x avg — flags: below 50DMA support |
PSB PSB | ₹21.12 | -1.03% | -1.0% vs prev close, vol 1.3x avg — flags: below 50DMA support |
RELIANCE RELIANCE | ₹1,167.7 | -1.63% | -1.6% vs prev close, vol 1.4x avg — flags: below 50DMA support |
SBIN SBIN | ₹954.1 | -0.56% | -0.6% vs prev close, vol 0.9x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹179.1 | -3.01% | -3.0% vs prev close, vol 1.0x avg — flags: drawdown>3% |
TCS TCS | ₹2,079.3 | +1.43% | +1.4% vs prev close, vol 1.0x avg — flags: below 50DMA support |
TMPV TMPV | ₹280 | -1.70% | -1.7% vs prev close, vol 1.0x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹10,799 | -1.60% | -1.6% vs prev close, vol 1.7x avg — flags: below 50DMA support |
VBL VBL | ₹425.3 | -1.55% | -1.6% vs prev close, vol 1.5x avg |
VMM VMM | ₹99.6 | -1.29% | -1.3% vs prev close, vol 0.8x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹159.5 | +0.69% | +0.7% vs prev close, vol 0.8x avg — flags: below 50DMA support |