Underperformance of a blue-chip stock in a strong market, with easing crude oil prices potentially impacting its core business.
Daily Report
Daily Report - Fri, 9 Oct, 2026, 22:41 IST
Market Summary
The Indian market witnessed a strong positive close with both NIFTY 50 and SENSEX gaining over 1.4%. Broad-based buying interest was evident across most sectors, with IT and FMCG leading the charge. Despite significant FII selling, strong DII buying helped sustain the rally, indicating robust domestic support. Market breadth was overwhelmingly positive, suggesting widespread participation.
Key Takeaways
- NIFTY 50 and SENSEX closed up more than 1.4%, signaling strong market momentum.
- IT sector was the top performer, surging 3.20%, followed by FMCG at 2.25%.
- Market breadth was highly positive with 51 advances against 7 declines.
- FIIs were net sellers at -12943.58cr, offset by DII buying of 10703.11cr.
- APOLLOHOSP, TCS, and ITC were among the top gainers, each up over 4%.
- VIX remains moderate at 14.3875.
Top Stories & Market Intelligence
- Macro & Policy - Livemint
RBI Hikes Repo Rate by 25 Basis Points to 5.50%, Shifts Stance to Calibrated Tightening
- Global Cues - Reuters
GIFT Nifty Signals Positive Start for Indian Markets Amid Mixed Global Cues
- Earnings - NDTV Profit
TCS Kicks Off Q2 FY27 Earnings Season with Robust 15% Net Profit Growth
TCS - Sectoral - Economic Times
Indian IT Sector Shows Resilience, Nifty IT Index Rallies Despite US PERM Program Suspension
- Corporate Actions - Business Standard
KEC International Secures New Orders Worth ₹1,030 Crore, YTD Intake Crosses ₹8,600 Crore
KEC - Stocks in Focus - Simply Wall St
Simply Wall St Identifies High-Growth Potential Indian Stocks
501423, 500414, 509496 - Macro & Policy - Business Standard
India's CPI Inflation Projected to Climb to 5.47% in September, Highest Since Dec 2024
- Global Cues - Moneycontrol
Crude Oil Prices Ease, Indian Rupee Weakens Further Against US Dollar
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| AESL | Jefferies | buy | 2,060 | Over 65% of AESL's loans are fixed-rate, which significantly limits the earnings per share impact from potential future rate hikes. |
| NTPC | Jefferies | buy | 425 | NTPC benefits from a substantial portion of fixed-rate loans and over 70% of its gross block being under a regulated return mechanism with interest cost pass-through, providing protection against rate increases. |
| ADANIGREEN | Jefferies | buy | 1,695 | Despite higher leverage and sensitivity to rate hikes, management's strategy of utilizing longer-tenor fixed-rate overseas loans and refinancing post-project completion is expected to mitigate the impact. |
| TORNTPOWER | Jefferies | buy | 1,780 | Torrent Power is anticipated to experience a relatively limited earnings impact from higher interest rates, with strong electricity demand supporting its performance. |
| ICICIGI | Jefferies | buy | 2,150 | This recommendation indicates a bullish outlook on the company's financial performance and market position within the general insurance sector. |
| HAL | Jefferies | buy | 6,800 | The brokerage holds a positive view on HAL, forecasting strong growth potential driven by its significant role in India's defense and aerospace sector. |
| ONGC | Jefferies | buy | 310 | Jefferies maintains a buy rating on ONGC, citing potential upside from current crude oil prices and the company's robust exploration and production outlook. |
| BPCL | Jefferies | buy | 410 | The buy rating for BPCL reflects confidence in its refining margins, marketing growth, and strategic initiatives to enhance shareholder value. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-10-09 | ACCELYA | dividend | Accelya Solutions India Limited |
| 2026-10-09 | MOLDTKPAC | bonus | Mold-Tek Packaging Limited |
| 2026-10-09 | SKYWAYS | dividend | Skyways Air Services Limited |
FII / DII Activity
FII Net
−12,943.58 cr
DII Net
+10,703.11 cr
As of 2026-10-08
Market Cues
NIFTY 50
22,520.45
+1.30%SENSEX
72,472.33
+1.23%NASDAQ
27,193.34
-1.25%GOLD
4,212.5
+1.34%INDIA VIX
14.375
-5.89%Market Sectors
NIFTY BANK
55,256.65
+1.36%NIFTY IT
28,574.9
+3.02%NIFTY PHARMA
25,962.05
+0.54%NIFTY AUTO
24,859.9
+1.42%NIFTY METAL
12,000.75
+1.10%NIFTY ENERGY
35,786.5
+0.38%NIFTY REALTY
803.95
+0.92%NIFTY FIN SERVICE
26,822.05
+1.36%NIFTY FMCG
44,864.25
+2.20%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| APOLLOHOSP | Apollo Hospitals | 8,027.50 | +4.72% |
| ITC | ITC | 266.00 | +4.31% |
| VEDL | Vedanta | 264.00 | +4.31% |
| EICHERMOT | Eicher Motors | 7,050.00 | +4.17% |
| TCS | Tata Consultancy Services | 2,156.00 | +3.85% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| JSWENERGY | JSW Energy | 462.30 | -0.97% |
| RELIANCE | Reliance Industries | 1,170.30 | -0.65% |
| GAIL | GAIL India | 166.64 | -0.63% |
| JSWSTEEL | JSW Steel | 1,168.00 | -0.61% |
| CIPLA | Cipla | 1,301.00 | -0.44% |
52-Week High & Low
Near 52-Week High
No stocks within 2% of their 52-week high.
Near 52-Week Low
Market Close & Portfolio Surveillance
Session Summary
Despite a strong market rebound, several holdings like Reliance, Dixon, and JWL exhibited genuine sell or risk signals due to underperformance or specific negative factors, with others showing minor weakness.
Alerts(6)
Slight positive movement overshadowed by an analyst's sell recommendation and low volume, indicating a lack of strong buying conviction.
Slight decline on very low volume, underperforming a rallying market.
Marginal decline on very low volume, contrasting with the overall market rally, indicating underlying weakness/indifference.
Marginal decline on average volume, underperforming its parent company ITC which was a top gainer, hinting at relative weakness.
Marginal decline on low volume, underperforming the broader realty sector, suggesting specific weakness.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,020.85 | +0.55% | +0.5% vs prev close, vol 0.5x avg — flags: below 50DMA support |
AMBUJACEM AMBUJACEM | ₹350 | +2.34% | +2.3% vs prev close, vol 1.0x avg |
BANDHANBNK BANDHANBNK | ₹157 | +0.94% | +0.9% vs prev close, vol 0.7x avg — flags: below 50DMA support |
BDL BDL | ₹1,074.1 | +1.91% | +1.9% vs prev close, vol 0.9x avg — flags: below 50DMA support |
BEL BEL | ₹368.5 | +0.38% | +0.4% vs prev close, vol 1.0x avg |
BRITANNIA BRITANNIA | ₹4,821 | +1.33% | +1.3% vs prev close, vol 1.0x avg |
BSOFT BSOFT | ₹285.3 | +4.97% | +5.0% vs prev close, vol 1.9x avg — flags: below 50DMA support |
CASTROLIND CASTROLIND | ₹194.67 | -0.72% | -0.7% vs prev close, vol 0.5x avg |
CENTRALBK CENTRALBK | ₹30.09 | +0.30% | +0.3% vs prev close, vol 0.5x avg — flags: below 50DMA support |
DIXON DIXON | ₹12,774 | +0.98% | +1.0% vs prev close, vol 0.5x avg — flags: below 50DMA support |
EXIDEIND EXIDEIND | ₹394.4 | -0.13% | -0.1% vs prev close, vol 0.4x avg — flags: below 50DMA support |
FIRSTCRY FIRSTCRY | ₹169.25 | +0.42% | +0.4% vs prev close, vol 0.2x avg — flags: below 50DMA support |
GMRAIRPORT GMRAIRPORT | ₹92.17 | +4.74% | +4.7% vs prev close, vol 13.1x avg — flags: volume>2x avg, below 50DMA support |
GODREJCP GODREJCP | ₹860.05 | -0.56% | -0.6% vs prev close, vol 1.0x avg |
HAVELLS HAVELLS | ₹1,038.6 | -0.13% | -0.1% vs prev close, vol 1.0x avg |
HCLTECH HCLTECH | ₹1,214.3 | +2.84% | +2.8% vs prev close, vol 1.6x avg — flags: below 50DMA support |
HDFCBANK HDFCBANK | ₹707.25 | +2.17% | +2.2% vs prev close, vol 0.6x avg |
HINDUNILVR HINDUNILVR | ₹1,861 | +1.02% | +1.0% vs prev close, vol 1.0x avg |
INFY INFY | ₹1,024.05 | +3.01% | +3.0% vs prev close, vol 1.0x avg |
IRCTC IRCTC | ₹458.8 | +1.99% | +2.0% vs prev close, vol 1.5x avg — flags: below 50DMA support |
IREDA IREDA | ₹104.4 | +0.58% | +0.6% vs prev close, vol 0.6x avg — flags: below 50DMA support |
ITC ITC | ₹266.2 | +4.78% | +4.8% vs prev close, vol 1.0x avg |
ITCHOTELS ITCHOTELS | ₹154.55 | -0.13% | -0.1% vs prev close, vol 1.1x avg — flags: below 50DMA support |
JWL JWL | ₹214.4 | -0.94% | -0.9% vs prev close, vol 0.3x avg — flags: below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹251.05 | -0.27% | -0.3% vs prev close, vol 0.8x avg |
LICI LICI | ₹393.1 | +3.58% | +3.6% vs prev close, vol 1.0x avg |
LODHA LODHA | ₹1,064.8 | -0.08% | -0.1% vs prev close, vol 0.5x avg — flags: below 50DMA support |
M&M M&M | ₹2,796.2 | +1.64% | +1.6% vs prev close, vol 0.5x avg — flags: below 50DMA support |
MAGADSUGAR MAGADSUGAR | ₹538.9 | -1.06% | -1.1% vs prev close, vol 0.4x avg |
MANKIND MANKIND | ₹2,368.5 | -0.48% | -0.5% vs prev close, vol 0.5x avg |
MAXHEALTH MAXHEALTH | ₹884 | +0.88% | +0.9% vs prev close, vol 1.9x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹449.25 | +1.57% | +1.6% vs prev close, vol 0.6x avg — flags: below 50DMA support |
NHPC NHPC | ₹72.67 | +1.71% | +1.7% vs prev close, vol 0.4x avg — flags: below 50DMA support |
ONGC ONGC | ₹221.1 | +1.19% | +1.2% vs prev close, vol 1.0x avg |
PRESTIGE PRESTIGE | ₹1,412.65 | +0.28% | +0.3% vs prev close, vol 0.2x avg — flags: below 50DMA support |
PSB PSB | ₹20.99 | +0.82% | +0.8% vs prev close, vol 0.9x avg — flags: below 50DMA support |
RELIANCE RELIANCE | ₹1,170.3 | -0.65% | -0.7% vs prev close, vol 0.9x avg — flags: below 50DMA support |
SBIN SBIN | ₹959.1 | +2.03% | +2.0% vs prev close, vol 0.7x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹173.6 | +1.22% | +1.2% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,163 | +4.23% | +4.2% vs prev close, vol 3.0x avg — flags: volume>2x avg, below 50DMA support |
TMPV TMPV | ₹279.1 | +2.14% | +2.1% vs prev close, vol 0.6x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹10,680 | +2.05% | +2.1% vs prev close, vol 0.2x avg — flags: below 50DMA support |
VBL VBL | ₹441 | +2.08% | +2.1% vs prev close, vol 0.5x avg |
VMM VMM | ₹97.5 | +0.31% | +0.3% vs prev close, vol 0.4x avg — flags: below 50DMA support |
WIPRO WIPRO | ₹162.7 | +2.59% | +2.6% vs prev close, vol 1.9x avg — flags: below 50DMA support |