High
AMBUJACEMAMBUJACEM
Significant drawdown of 3.1% combined with nearly three times the average volume suggests concentrated selling pressure that significantly exceeded the general market decline.
drawdown>3%volume>2x avgbelow 50DMA support
Daily Report
Daily Report - Sun, 4 Oct, 2026, 08:15 IST
Market Summary
The Indian market concluded lower with NIFTY 50 and SENSEX declining, reflecting broad-based weakness and poor market breadth. A strong performance from the IT sector, which gained over 2%, provided some resilience. However, this was largely offset by a sharp sell-off in auto stocks and other major sectors. FIIs were net sellers, though DIIs provided substantial buying support.
Key Takeaways
- NIFTY 50 ended down 0.88% with poor market breadth (16 adv/42 dec).
- NIFTY IT was the only major gainer, up 2.17%, with Infosys leading top gainers.
- NIFTY AUTO plunged 3.46%, with Bajaj Auto and Maruti among top losers.
- FIIs registered significant net sales of 9484.22cr, largely countered by DII inflows of 10041.84cr.
- Most other sectoral indices, including Metal, FMCG, and Realty, closed in the red.
- India VIX remains at a moderate level of 14.455.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI MPC Expected to Hike Repo Rate by 25 BPS to 5.50% Amid Inflation Concerns
- Global Cues - Reuters
Global Headwinds and FII Selling Pressure Drive Indian Market Decline
- Earnings - Moneycontrol
Q2 FY27 Earnings Season Kicks Off with TCS Results on October 8
TCS, DMART, POONAWALLA, ANANDRATHI - Sectoral - Livemint
Banking and Hospital Sectors Attract Bullish Brokerage Recommendations
HDFCBANK, ICICIBANK, KOTAKBANK, SBIN, APOLLOHOSP, FORTIS, MAXHEALTH - Corporate Actions - Business Standard
October to See Key Corporate Actions: Spin-offs, Dividends, and Bonus Issues Scheduled
BHAGYANGR, VERANDA, TCS, NMDC, PTC, WIPRO - Stocks in Focus - Financial Express
Large-Cap and Founder-Led Companies Remain on Investors' Radar
RELIANCE, HDFCBANK, ICICIBANK, SBIN, TATAMOTORS, MARICO
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| BAJFINANCE | Jefferies | buy | 1,280 | The board approved a ₹175bn capital raise through preferential warrants and QIP, alongside strong 23% loan growth and potential for improved operating efficiencies. |
| HDFCBANK | Jefferies | buy | 880 | The appointment of Anup Bagchi as the new MD & CEO provides clarity on succession and strategic direction, which could aid earnings and a re-rating from attractive valuations. |
| APOLLOHOSP | Jefferies | buy | 10,350 | Following a 15-20% correction due to regulatory fears, Jefferies views this as an attractive entry point given strong fundamentals and sustainable high-teens EBITDA growth. |
| ICICIBANK | Macquarie | buy | 1,730 | Macquarie predicts a turnaround and re-rating for financial shares, expecting strong FY28 EPS growth for banking stocks (~18%) driven by margin improvements, falling operating expenses, lower credit costs, and undemanding valuations. |
| ONGC | Kotak Institutional Equities | buy | 355 | Kotak prefers ONGC due to a stronger medium-term production outlook, better realizations, rising contribution from new fields, relatively inexpensive valuations, and an improved crude oil price assumption of $90 per barrel. |
| LAXMIDEN | Motilal Oswal | buy | 280 | Q1FY27 revenue was broadly in line with expectations, while EBITDA and PAT beat estimates by 11% and 14% respectively, driven by strong international market traction and a revival in the aligner business. |
| ICICIBANK | Axis Securities | buy | 1,800 | Recommended as a largecap pick with robust value after recent corrections, projecting a significant upside. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-10-05 | NMDC | dividend | NMDC Ltd |
| 2026-10-07 | PTCINDIA | dividend | PTC India Ltd |
| 2026-10-14 | TCS | dividend | TCS |
| 2026-10-06 | BLSE | split | BLS E-Services Ltd |
| 2026-10-08 | SHANKARA | split | Shankara Buildpro Ltd |
| 2026-10-07 | GTVENGG | bonus | GTV Engineering Ltd |
| 2026-10-08 | MOLDTEKP | bonus | Mold-Tek Packaging |
| 2026-10-08 | MOLDTEKTECH | bonus | Mold Tek Technologies |
FII / DII Activity
FII Net
−9,484.22 cr
DII Net
+10,041.84 cr
As of 2026-10-01
Market Cues
NIFTY 50
22,421.95
-0.88%SENSEX
71,909.7
-0.79%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
Amidst a broad market decline on October 1, 2026, genuine sell signals were identified in stocks like AMBUJACEM, DIXON, JWL, KALYANKJIL, M&M, TATASTEEL, and ITCHOTELS due to significant drawdowns, high volume selling, or explicit mention as laggards, indicating potential for further weakness, while many other alerts were likely market-wide noise.
Alerts(10)
High
DIXONDIXON
The 3.1% drawdown is notable, outperforming the broader market's decline. Such a significant drop in a weak market context still warrants caution.
drawdown>3%below 50DMA support
Medium
FIRSTCRYFIRSTCRY
A 3.4% drawdown is significant. A notable drop could deter buyers initially.
drawdown>3%below 50DMA support
Medium
JINDALSTELJINDALSTEL
A 3.0% drop aligns with significant selling. The sharp decline in a weak market could indicate underlying concerns or aggressive profit-taking.
drawdown>3%below 50DMA support
High
JWLJWL
A near 4% drawdown is substantial. This indicates strong individual stock weakness beyond the general market sentiment.
drawdown>3%below 50DMA support
High
KALYANKJILKALYANKJIL
This is the largest drawdown at 4.5% and is a clear sell signal. The magnitude of the fall indicates strong negative sentiment.
drawdown>3%below 50DMA support
High
M&MM&M
Mahindra & Mahindra was explicitly mentioned as a major laggard on October 1st. Its 3.3% drop suggests specific sector or company-related weakness exacerbated by the overall market.
drawdown>3%
High
TATASTEELTATASTEEL
Tata Steel was also identified as a major laggard on October 1st. A 3.0% fall in conjunction with broader market weakness and specific mention, indicates a genuine risk signal.
drawdown>3%
High
ITCHOTELSITCHOTELS
A 3.3% drawdown is a significant move, especially with slightly elevated volume. The size of the drop indicates strong selling interest.
drawdown>3%
Medium
ITCITC
ITC was listed among the major laggards on October 1st, indicating that its decline might be more than just market noise. The 2.6% drop with above-average volume suggests some conviction behind the selling.
below 50DMA support
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,106.5 | -2.14% | -2.1% vs prev close, vol 2.4x avg — flags: volume>2x avg, below 50DMA support |
ACE ACE | ₹1,207.4 | -1.95% | -2.0% vs prev close, vol 0.8x avg |
AMBUJACEM AMBUJACEM | ₹362.25 | -3.14% | -3.1% vs prev close, vol 2.8x avg — flags: drawdown>3%, volume>2x avg, below 50DMA support |
APOLLOHOSP APOLLOHOSP | ₹8,116 | -0.28% | -0.3% vs prev close, vol 1.0x avg — flags: below 50DMA support |
ASTRAL ASTRAL | ₹1,344 | -1.93% | -1.9% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BDL BDL | ₹1,088.25 | -1.88% | -1.9% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BHARTIARTL BHARTIARTL | ₹1,741.1 | -0.90% | -0.9% vs prev close, vol 1.0x avg — flags: below 50DMA support |
BRIGADE BRIGADE | ₹568.85 | -1.22% | -1.2% vs prev close, vol 0.3x avg — flags: below 50DMA support |
BSOFT BSOFT | ₹269.7 | -0.77% | -0.8% vs prev close, vol 1.8x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹199.05 | -0.65% | -0.6% vs prev close, vol 0.5x avg |
CENTRALBK CENTRALBK | ₹30.1 | -1.21% | -1.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |
DALBHARAT DALBHARAT | ₹1,689.25 | +0.27% | +0.3% vs prev close, vol 1.2x 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 |
DLF DLF | ₹658.4 | -2.31% | -2.3% vs prev close, vol 1.6x avg |
FIRSTCRY FIRSTCRY | ₹173.8 | -3.41% | -3.4% vs prev close, vol 0.2x avg — flags: drawdown>3%, below 50DMA support |
GODREJCP GODREJCP | ₹840 | -1.18% | -1.2% vs prev close, vol 0.8x avg — flags: below 50DMA support |
HAVELLS HAVELLS | ₹1,040 | +2.36% | +2.4% vs prev close, vol 2.3x avg — flags: volume>2x avg, below 50DMA support |
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 |
HEROMOTOCO HEROMOTOCO | ₹5,173 | -1.22% | -1.2% vs prev close, vol 1.0x avg |
HINDALCO HINDALCO | ₹941.85 | +0.01% | +0.0% vs prev close, vol 1.6x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹1,836 | -2.29% | -2.3% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ICICIBANK ICICIBANK | ₹1,310.6 | -0.84% | -0.8% vs prev close, vol 1.5x avg — flags: below 50DMA support |
IIFL IIFL | ₹583.15 | -2.93% | -2.9% vs prev close, vol 0.8x avg — flags: below 50DMA support |
INFY INFY | ₹1,035 | +4.11% | +4.1% vs prev close, vol 1.6x avg — flags: below 50DMA support |
IREDA IREDA | ₹110.8 | -0.72% | -0.7% vs prev close, vol 0.6x avg — flags: below 50DMA support |
ITC ITC | ₹255.9 | -2.61% | -2.6% vs prev close, vol 1.5x avg — flags: below 50DMA support |
ITCHOTELS ITCHOTELS | ₹158.75 | -3.28% | -3.3% vs prev close, vol 1.4x avg — flags: drawdown>3% |
JINDALSTEL JINDALSTEL | ₹1,100.5 | -3.03% | -3.0% vs prev close, vol 1.2x avg — flags: drawdown>3%, below 50DMA support |
JIOFIN JIOFIN | ₹212.5 | -2.02% | -2.0% vs prev close, vol 2.3x avg — flags: volume>2x avg, below 50DMA support |
JKPAPER JKPAPER | ₹383.55 | -2.58% | -2.6% vs prev close, vol 0.7x avg — flags: below 50DMA support |
JWL JWL | ₹223.75 | -3.95% | -3.9% vs prev close, vol 1.1x avg — flags: drawdown>3%, below 50DMA support |
KALYANKJIL KALYANKJIL | ₹528.5 | -4.46% | -4.5% vs prev close, vol 1.4x avg — flags: drawdown>3%, below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹237.9 | +0.30% | +0.3% vs prev close, vol 0.8x avg |
KOTAKBANK KOTAKBANK | ₹418.35 | +0.32% | +0.3% vs prev close, vol 4.7x avg — flags: volume>2x avg |
LICI LICI | ₹391.85 | -0.85% | -0.8% vs prev close, vol 0.8x avg — flags: below 50DMA support |
LODHA LODHA | ₹1,104.75 | -2.67% | -2.7% vs prev close, vol 1.7x avg — flags: below 50DMA support |
M&M M&M | ₹2,851.05 | -3.27% | -3.3% vs prev close, vol 1.0x avg — flags: drawdown>3% |
MANKIND MANKIND | ₹2,527 | +0.88% | +0.9% vs prev close, vol 0.7x avg |
MAXHEALTH MAXHEALTH | ₹940.95 | +1.20% | +1.2% vs prev close, vol 2.0x avg — flags: volume>2x avg, 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 |
PRESTIGE PRESTIGE | ₹1,486.1 | +0.28% | +0.3% vs prev close, vol 2.6x avg — flags: volume>2x avg, below 50DMA support |
PSB PSB | ₹21.12 | -1.03% | -1.0% vs prev close, vol 1.3x avg — flags: below 50DMA support |
PVRINOX PVRINOX | ₹1,220 | -1.83% | -1.8% vs prev close, vol 0.4x avg |
RELIANCE RELIANCE | ₹1,166 | -1.81% | -1.8% vs prev close, vol 1.0x avg |
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 | ₹2,075 | +1.19% | +1.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |
TMPV TMPV | ₹280 | -1.70% | -1.7% vs prev close, vol 1.0x avg — flags: below 50DMA support |
TVSMOTOR TVSMOTOR | ₹4,021 | -2.07% | -2.1% vs prev close, vol 1.9x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹10,710 | -2.25% | -2.2% vs prev close, vol 2.0x avg — flags: below 50DMA support |
VBL VBL | ₹425.3 | -1.55% | -1.6% vs prev close, vol 1.5x avg |
VMM VMM | ₹99.5 | -1.49% | -1.5% vs prev close, vol 1.1x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹159.5 | +0.69% | +0.7% vs prev close, vol 0.8x avg — flags: below 50DMA support |