High
HDFCBANKHDFC Bank
Pending securities fraud class action lawsuit introduces elevated fundamental risk amidst broader market and rate hike pressures.
below 50DMA support
Daily Report
Daily Report - Wed, 7 Oct, 2026, 23:03 IST
Market Summary
Indian benchmarks NIFTY 50 and SENSEX closed lower, indicating broad-based selling as reflected in the poor market breadth. While FIIs were significant net sellers, DIIs provided substantial buying support. Investors should note the resilience in banking stocks contrasting with notable weakness in metals, IT, auto, and realty sectors.
Key Takeaways
- Nifty 50 declined by 0.69% and Sensex by 0.42% for the day.
- Market breadth was weak with only 8 advances against 50 declines.
- FIIs were net sellers of -2961.3cr, offset by DII buying of 5088.92cr.
- Nifty Bank showed slight positive momentum (+0.07%) while other major sectors like Metal (-2.15%) and IT (-1.23%) saw significant declines.
- Top gainers included Kotak Bank (+2.1%) and ICICI Bank (+1.0%), whereas Adani Enterprises (-3.8%) and Titan (-3.7%) were among the top losers.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI hikes repo rate to 5.50%, raises inflation and GDP forecasts for FY27
- Global Cues - Reuters
Global markets mixed; elevated crude oil and strong dollar weigh on Indian equities
NIFTY, SENSEX - Earnings - Moneycontrol
TCS to announce Q1 FY27 results today, Bajaj Auto on Oct 27
TCS, BAJAJ-AUTO - Sectoral - Livemint
Mixed sectoral performance; banking gains post RBI, metal lags
NIFTYPSUBANK, NIFTYPVTBANK, NIFTYMETAL, NIFTYAUTO, NIFTYREALTY - Corporate Actions - Business Standard
Blue Dart Express partners with NCRTC for express parcel movement
BLUEDART - Stocks in Focus - Moneycontrol
Mahindra Lifespace launches Rs 3,500 crore residential project in Pune
MAHLIFE - Corporate Actions - Economic Times
HCL Technologies to invest Rs 500 crore in IT City expansion
HCLTECH - Stocks in Focus - Economic Times
Titan shares decline 5% after Q2 sales miss, brokerages maintain 'Buy'
TITAN
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| AUBANK | Jefferies | buy | 1,270 | The bank is expected to benefit from higher growth, improving profitability, and its transition towards a universal bank. |
| HDFCBANK | Jefferies | buy | 880 | Loan growth is accelerating, deposit growth is improving, and CASA deposits are showing strong expansion. |
| APOLLOHOSP | Jefferies | buy | 10,350 | The company has strong growth prospects in the healthcare sector and is benefiting from an expanding network. |
| MAXHEALTH | Jefferies | buy | 1,260 | As a leading player in healthcare, the company is poised to benefit from increasing healthcare expenditure and medical tourism. |
| PWL | Kotak Institutional Equities | reduce | 125 | Despite strong growth forecasts in online and offline segments, the 'Reduce' rating suggests valuation concerns given its current market price. |
| MMOLBIO | Motilal Oswal Financial Services | buy | 1,800 | The company is well-positioned to capture opportunities in decentralized molecular diagnostics through its Truenat ecosystem. |
| SOBHA | Emkay Global Financial Services | buy | 1,900 | Sobha reported record H1 FY27 pre-sales and has a strong launch pipeline, with expected sharp margin recovery from H2. |
| BAJAJ-AUTO | Citi | sell | 10,000 | The 'Sell' rating suggests concerns over the future growth trajectory or competitive pressures in the two-wheeler segment. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-10-07 | results | Indrayani Biotech Limited | |
| 2026-10-08 | TCS | results | Tata Consultancy Services Limited |
| 2026-10-08 | results | GM Breweries Limited | |
| 2026-10-09 | results | Anand Rathi Wealth Limited | |
| 2026-10-09 | results | Poonawalla Fincorp Limited | |
| 2026-10-09 | results | Can Fin Homes Limited | |
| 2026-10-09 | results | Canara Robeco Asset Management Company Limited | |
| 2026-10-10 | DMART | results | Avenue Supermarts Limited |
| 2026-10-07 | dividend | PTC India Limited | |
| 2026-10-09 | dividend | Accelya Solutions India Limited | |
| 2026-10-09 | dividend | Skyways Air Services Limited | |
| 2026-10-09 | dividend | Caspian Corporate Services Limited | |
| 2026-10-08 | split | Shankara Buildpro Limited | |
| 2026-10-07 | bonus | GTV Engineering Limited | |
| 2026-10-09 | bonus | Mold-Tek Packaging Limited | |
| 2026-10-09 | bonus | Mold-Tek Technologies Limited |
FII / DII Activity
FII Net
−2,961.3 cr
DII Net
+5,088.92 cr
As of 2026-10-06
Market Cues
NIFTY 50
22,603.05
-0.76%SENSEX
72,638.7
-0.59%NASDAQ
27,599.887
+0.45%GOLD
4,149.2
-0.91%INDIA VIX
13.885
+2.04%Market Sectors
NIFTY BANK
55,055.55
-0.13%NIFTY IT
27,757.8
-1.34%NIFTY PHARMA
26,436.55
-0.43%NIFTY AUTO
25,138.9
-1.58%NIFTY METAL
12,306.7
-2.33%NIFTY ENERGY
36,683.45
-0.63%NIFTY REALTY
822.6
-1.77%NIFTY FIN SERVICE
26,778.25
-0.23%NIFTY FMCG
44,800.85
-0.89%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| KOTAKBANK | Kotak Mahindra Bank | 440.00 | +1.88% |
| BHARTIARTL | Bharti Airtel | 1,833.90 | +1.29% |
| ICICIBANK | ICICI Bank | 1,357.50 | +1.09% |
| COALINDIA | Coal India | 414.50 | +0.69% |
| DIVISLAB | Divi's Laboratories | 9,588.00 | +0.40% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| TITAN | Titan Company | 4,377.00 | -3.80% |
| ADANIENT | Adani Enterprises | 2,743.00 | -3.75% |
| INDUSINDBK | IndusInd Bank | 874.90 | -3.44% |
| HINDALCO | Hindalco Industries | 910.85 | -3.15% |
| JSWSTEEL | JSW Steel | 1,230.00 | -2.35% |
52-Week High & Low
Near 52-Week High
DIVISLABDivi's Laboratories
9,588.00−1.56%
Near 52-Week Low
M&MMahindra & Mahindra
2,800.00+0.00%
IOCIndian Oil
130.00+0.35%
ONGCOil & Natural Gas Corp
221.88+0.58%
BRITANNIABritannia Industries
4,780.00+0.97%
INFYInfosys
992.00+1.18%
NTPCNTPC
316.75+1.18%
POWERGRIDPower Grid Corp
253.05+1.22%
TATAPOWERTata Power
345.15+1.22%
MARUTIMaruti Suzuki
11,450.00+1.28%
WIPROWipro
159.60+1.79%
Session Close Surveillance
16:15 ISTMarket Close & Portfolio Surveillance
Session Summary
The Indian equity market is expected to remain cautious following the RBI's repo rate hike and broad-based selling, with interest rate-sensitive sectors and stocks with specific legal issues likely to face continued pressure.
Alerts(6)
High
LODHALODHA
Significant decline in a weak Realty sector, exacerbated by the RBI rate hike making home loans more expensive.
below 50DMA support
High
PRESTIGEPRESTIGE
Moderate drop in a weak realty sector, amplified by market and sector weakness due to RBI rate hike.
below 50DMA support
Medium
M&MM&M
Significant decline with higher-than-average volume in a weak Auto sector, influenced by profit booking and potential impact of higher interest rates.
below 50DMA support
Medium
RELIANCERELIANCE
Jump in crude oil prices negatively impacts its refining margins, presenting a genuine risk despite other positive outlooks.
below 50DMA support
Medium
ULTRACEMCOULTRACEMCO
Modest decline on higher-than-average volume, likely due to the rate hike impacting construction demand.
below 50DMA support
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,049.9 | -2.75% | -2.7% vs prev close, vol 0.7x avg — flags: below 50DMA support |
AMBUJACEM AMBUJACEM | ₹356.5 | -1.52% | -1.5% vs prev close, vol 1.0x avg |
BANDHANBNK BANDHANBNK | ₹162.99 | -0.71% | -0.7% vs prev close, vol 0.7x avg — flags: below 50DMA support |
BDL BDL | ₹1,086 | -1.36% | -1.4% vs prev close, vol 0.5x avg — flags: below 50DMA support |
BEL BEL | ₹378.85 | -2.21% | -2.2% vs prev close, vol 1.0x avg |
BRITANNIA BRITANNIA | ₹4,783.8 | -2.07% | -2.1% vs prev close, vol 1.0x avg |
BSOFT BSOFT | ₹278.05 | -0.50% | -0.5% vs prev close, vol 0.6x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹197.15 | -1.52% | -1.5% vs prev close, vol 0.5x avg |
CENTRALBK CENTRALBK | ₹30.43 | +0.69% | +0.7% vs prev close, vol 0.9x avg |
DIXON DIXON | ₹13,024 | +0.07% | +0.1% vs prev close, vol 0.5x avg — flags: below 50DMA support |
EXIDEIND EXIDEIND | ₹402.95 | -0.69% | -0.7% vs prev close, vol 0.6x avg — flags: below 50DMA support |
FIRSTCRY FIRSTCRY | ₹172.2 | -3.01% | -3.0% vs prev close, vol 0.1x avg — flags: drawdown>3%, below 50DMA support |
GMRAIRPORT GMRAIRPORT | ₹91.5 | -1.61% | -1.6% vs prev close, vol 0.2x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹867 | -0.57% | -0.6% vs prev close, vol 1.0x avg |
HAVELLS HAVELLS | ₹1,059.5 | +0.33% | +0.3% vs prev close, vol 1.0x avg |
HCLTECH HCLTECH | ₹1,183.8 | -1.52% | -1.5% vs prev close, vol 0.3x avg — flags: below 50DMA support |
HDFCBANK HDFCBANK | ₹702.75 | -1.22% | -1.2% vs prev close, vol 1.0x avg — flags: below 50DMA support |
HINDUNILVR HINDUNILVR | ₹1,868 | -1.27% | -1.3% vs prev close, vol 1.0x avg |
INFY INFY | ₹992.1 | -2.06% | -2.1% vs prev close, vol 1.0x avg |
IRCTC IRCTC | ₹453.65 | -0.25% | -0.3% vs prev close, vol 1.0x avg — flags: below 50DMA support |
IREDA IREDA | ₹107.33 | -1.53% | -1.5% vs prev close, vol 1.0x avg — flags: below 50DMA support |
ITC ITC | ₹265.3 | -0.45% | -0.5% vs prev close, vol 1.0x avg |
ITCHOTELS ITCHOTELS | ₹159.3 | -0.56% | -0.6% vs prev close, vol 0.6x avg |
JWL JWL | ₹223.56 | -0.48% | -0.5% vs prev close, vol 0.3x avg — flags: below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹262.89 | +1.57% | +1.6% vs prev close, vol 1.4x avg |
LICI LICI | ₹386.1 | -1.00% | -1.0% vs prev close, vol 1.0x avg |
LODHA LODHA | ₹1,109.4 | -2.31% | -2.3% vs prev close, vol 1.0x avg — flags: below 50DMA support |
M&M M&M | ₹2,800 | -1.93% | -1.9% vs prev close, vol 1.5x avg — flags: below 50DMA support |
MAGADSUGAR MAGADSUGAR | ₹562.3 | +1.78% | +1.8% vs prev close, vol 1.2x avg |
MANKIND MANKIND | ₹2,500 | 0.00% | +0.0% vs prev close, vol 0.4x avg |
MAXHEALTH MAXHEALTH | ₹906.1 | +0.23% | +0.2% vs prev close, vol 5.7x avg — flags: volume>2x avg, below 50DMA support |
NEWGEN NEWGEN | ₹446.85 | -2.23% | -2.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |
NHPC NHPC | ₹72.48 | -0.98% | -1.0% vs prev close, vol 0.5x avg — flags: below 50DMA support |
ONGC ONGC | ₹221.65 | -1.05% | -1.0% vs prev close, vol 1.0x avg |
PRESTIGE PRESTIGE | ₹1,434.4 | -1.76% | -1.8% vs prev close, vol 0.2x avg — flags: below 50DMA support |
PSB PSB | ₹21.04 | 0.00% | +0.0% vs prev close, vol 0.6x avg — flags: below 50DMA support |
RELIANCE RELIANCE | ₹1,207.7 | -0.85% | -0.8% vs prev close, vol 1.0x avg — flags: below 50DMA support |
SBIN SBIN | ₹954 | -0.50% | -0.5% vs prev close, vol 1.6x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹175.5 | -1.74% | -1.7% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,084 | -0.67% | -0.7% vs prev close, vol 0.3x avg — flags: below 50DMA support |
TMPV TMPV | ₹283.8 | -0.80% | -0.8% vs prev close, vol 0.6x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹10,693.85 | -0.95% | -1.0% vs prev close, vol 1.7x avg — flags: below 50DMA support |
VBL VBL | ₹440.75 | +0.33% | +0.3% vs prev close, vol 0.7x avg |
VMM VMM | ₹100.15 | -0.89% | -0.9% vs prev close, vol 0.8x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹159.4 | -1.30% | -1.3% vs prev close, vol 0.4x avg — flags: below 50DMA support |