Significant drawdown and below 50-day moving average, indicating strong selling pressure and technical weakness.
Daily Report
Daily Report - Thu, 15 Oct, 2026, 20:49 IST
Market Summary
Indian markets demonstrated strong upward momentum yesterday, with the NIFTY 50 closing above 23000 and the SENSEX crossing 74000, driven by broad-based buying. Key sectors like IT, Auto, and Financial Services led the gains, supported by robust DII inflows that absorbed FII selling. The market exhibited exceptionally positive breadth, suggesting sustained strength ahead of today's open.
Key Takeaways
- NIFTY 50 gained 1.69% and SENSEX surged 1.89%, closing at new highs.
- IT (+2.03%), Auto (+1.71%), and Financial Services (+1.41%) were the top performing sectors.
- Market breadth was strongly positive with 48 advances against only 10 declines.
- DIIs provided significant buying support of 2670.44cr, offsetting FII outflows of 1857.44cr.
- Top gainers included Bharti Airtel (+3.9%) and Tech Mahindra (+3.8%).
- Nifty FMCG and Nifty Energy saw minor declines, with Nestle India being a notable loser (-5.7%).
Top Stories & Market Intelligence
- Macro & Policy - Livemint
Global US CPI Data Sparks Inflation Concerns; India's Wholesale Inflation Hits 30-Month High
- Global Cues - Reuters
Asian Markets Weak, US Tech Stocks Rout Follows Higher CPI Data
- Earnings - Moneycontrol
Wipro Expected to Report Subdued Q2 FY27 Earnings
WIPRO - Sectoral - NDTV Profit
IT and Consumer Stocks Lead Indian Market Rally
- Corporate Actions - The Hindu BusinessLine
Reliance Subsidiary Jio Platforms Files RHP for IPO, Aims to Raise ₹30,213 Crore
RELIANCE, JIOFIN - Stocks in Focus - Economic Times
Reliance Industries Shares in Focus Amid Jio Platforms IPO Filing
RELIANCE - Macro & Policy - The Economic Times
RBI Raises Repo Rate, Unveils Measures to Protect Rupee Volatility
- Global Cues - Financial Express
Crude Oil Prices Decline, Easing India's Import Cost Concerns
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| CANFINHOME | Jefferies | buy | 1,075 | Q2 PAT up 9% YoY, driven by lower provisions and operating expenses, despite moderation in loan growth. |
| ADANIGREEN | Jefferies | buy | 1,695 | Potential benefit from rising power demand. |
| POONAWALLA | Jefferies | buy | 560 | Banking on expanding loan portfolio, improving margins, and expected AUM CAGR of 35-40% over the next three years. |
| PAYTM | Nomura | buy | 2,250 | Expects EBITDA to grow at a 96% CAGR over FY26-29, driven by payments, merchant lending, AI-led cost efficiencies, and potential UPI MDR revenue. |
| DHOOT | Nomura | buy | 1,800 | Expected to be a major beneficiary of India's EV growth story, with a forecasted 27% revenue CAGR and 28% EPS CAGR during FY26-FY29. |
| ICICIBANK | Macquarie | buy | 1,730 | Identified as a new addition to India Best Ideas list with sustained growth and sector-leading return ratios expected. |
| KOTAKBANK | Macquarie | buy | 500 | Concerns around deposit mobilization and softer retail growth already reflected in valuations; positioned to deliver 2% return on assets and 17% loan growth. |
| BEL | Macquarie | buy | 550 | Secured new orders worth ₹530 crore. |
| HDFCBANK | Emkay Global Financial Services | buy | 1,225 | Regulatory approval for Anup Bagchi's appointment as MD & CEO is expected to restore investor confidence and drive improvements in management stability, deposit growth, and digital capabilities. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-10-15 | ANANDRATHI | dividend | Anand Rathi Wealth Ltd |
| 2026-10-16 | CRAMC | dividend | Canara Robeco AM Co. |
| 2026-10-15 | SAMORREAL | split | Samor Reality Ltd |
| 2026-10-16 | BANSALWIRE | split | Bansal Wire Industries |
| 2026-10-16 | ONECLICK | split | Oneclick Logistics |
| 2026-10-16 | NOBLEPOLY | split | Noble Polymers |
| 2026-10-15 | ONECLICK | bonus | Oneclick Logistics |
| 2026-10-14 | DEBOCK | results | Debock Industries Limited |
FII / DII Activity
FII Net
−1,857.44 cr
DII Net
+2,670.44 cr
As of 2026-10-14
Market Cues
NIFTY 50
22,997.35
+1.66%SENSEX
74,315.61
+2.11%NASDAQ
26,692.87
-1.88%GOLD
4,164.9
+1.39%INDIA VIX
14.025
-4.10%Market Sectors
NIFTY BANK
55,810.5
+0.89%NIFTY IT
30,719.8
+1.82%NIFTY PHARMA
25,817.8
+0.31%NIFTY AUTO
25,576.4
+1.67%NIFTY METAL
12,018.5
+0.10%NIFTY ENERGY
36,213.7
-0.79%NIFTY REALTY
828.7
+0.72%NIFTY FIN SERVICE
27,223.85
+1.60%NIFTY FMCG
44,791.65
-1.06%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| TECHM | Tech Mahindra | 1,650.00 | +4.75% |
| HEROMOTOCO | Hero MotoCorp | 5,210.00 | +3.80% |
| ICICIBANK | ICICI Bank | 1,389.40 | +3.80% |
| RELIANCE | Reliance Industries | 1,215.00 | +3.44% |
| BHARTIARTL | Bharti Airtel | 1,854.00 | +3.31% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| NESTLEIND | Nestle India | 1,275.80 | -7.76% |
| JSWENERGY | JSW Energy | 478.95 | -2.31% |
| VEDL | Vedanta | 245.90 | -1.64% |
| BRITANNIA | Britannia Industries | 4,850.00 | -1.58% |
| DABUR | Dabur India | 383.30 | -1.31% |
52-Week High & Low
Near 52-Week High
Near 52-Week Low
Market Close & Portfolio Surveillance
Session Summary
The Indian market saw a rally in IT and private banks, but several stocks, particularly those below 50DMA or with significant drawdowns, show clear sell/risk signals due to persistent weakness and potential distribution.
Alerts(7)
Significant drawdown, indicating a substantial price drop and risk.
Significant drawdown, indicating a substantial price drop and risk.
Notable price decline on slightly above-average volume, reinforcing its position below the 50-day moving average.
Modest price decline on slightly above-average volume, indicating persistent selling pressure below its 50-day moving average.
Notable price drop below its 50-day moving average, indicating underlying technical weakness.
Minimal price change on very high volume while trading below its 50-day moving average, suggesting potential distribution or high uncertainty.
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,111.9 | +3.00% | +3.0% vs prev close, vol 0.9x avg — flags: below 50DMA support |
AMBUJACEM AMBUJACEM | ₹349 | 0.00% | +0.0% vs prev close, vol 1.0x avg |
BANDHANBNK BANDHANBNK | ₹170.34 | +1.04% | +1.0% vs prev close, vol 0.6x avg |
BDL BDL | ₹1,126.9 | -0.10% | -0.1% vs prev close, vol 0.7x avg — flags: below 50DMA support |
BEL BEL | ₹379.8 | -0.60% | -0.6% vs prev close, vol 1.0x avg |
BRITANNIA BRITANNIA | ₹4,893.7 | -0.33% | -0.3% vs prev close, vol 1.0x avg |
BSOFT BSOFT | ₹309.5 | +3.60% | +3.6% vs prev close, vol 3.6x avg — flags: volume>2x avg |
CASTROLIND CASTROLIND | ₹196.23 | -0.37% | -0.4% vs prev close, vol 0.5x avg |
CENTRALBK CENTRALBK | ₹30.78 | -1.31% | -1.3% vs prev close, vol 1.6x avg |
DIXON DIXON | ₹12,666 | -1.20% | -1.2% vs prev close, vol 1.2x avg — flags: below 50DMA support |
EXIDEIND EXIDEIND | ₹374.7 | -2.18% | -2.2% vs prev close, vol 1.1x avg — flags: below 50DMA support |
FIRSTCRY FIRSTCRY | ₹180.5 | -0.58% | -0.6% vs prev close, vol 0.1x avg — flags: below 50DMA support |
GMRAIRPORT GMRAIRPORT | ₹90.46 | +0.04% | +0.0% vs prev close, vol 0.1x avg — flags: below 50DMA support |
GODREJCP GODREJCP | ₹864.7 | -0.38% | -0.4% vs prev close, vol 1.0x avg |
HAVELLS HAVELLS | ₹1,117.5 | +0.04% | +0.0% vs prev close, vol 1.0x avg |
HCLTECH HCLTECH | ₹1,363.3 | +2.58% | +2.6% vs prev close, vol 4.8x avg — flags: volume>2x avg |
HDFCBANK HDFCBANK | ₹726.85 | +2.27% | +2.3% vs prev close, vol 1.2x avg |
HINDUNILVR HINDUNILVR | ₹1,894.2 | -0.15% | -0.1% vs prev close, vol 1.0x avg |
INFY INFY | ₹1,111 | +2.03% | +2.0% vs prev close, vol 1.0x avg |
IRCTC IRCTC | ₹469.35 | -1.62% | -1.6% vs prev close, vol 1.0x avg |
IREDA IREDA | ₹108.26 | -0.19% | -0.2% vs prev close, vol 0.5x avg — flags: below 50DMA support |
ITC ITC | ₹264.75 | +1.34% | +1.3% vs prev close, vol 1.0x avg |
ITCHOTELS ITCHOTELS | ₹158.7 | +1.18% | +1.2% vs prev close, vol 2.2x avg — flags: volume>2x avg |
JWL JWL | ₹202.02 | -3.53% | -3.5% vs prev close, vol 0.9x avg — flags: drawdown>3%, below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹251.48 | +1.60% | +1.6% vs prev close, vol 0.4x avg |
LICI LICI | ₹394 | +0.23% | +0.2% vs prev close, vol 1.0x avg |
LODHA LODHA | ₹1,061.8 | +0.21% | +0.2% vs prev close, vol 0.8x avg — flags: below 50DMA support |
M&M M&M | ₹2,861.7 | +2.43% | +2.4% vs prev close, vol 1.0x avg — flags: below 50DMA support |
MAGADSUGAR MAGADSUGAR | ₹581.15 | -3.11% | -3.1% vs prev close, vol 0.4x avg — flags: drawdown>3% |
MANKIND MANKIND | ₹2,347.6 | +0.54% | +0.5% vs prev close, vol 1.1x avg |
MAXHEALTH MAXHEALTH | ₹856.9 | +0.46% | +0.5% vs prev close, vol 0.2x avg — flags: below 50DMA support |
NEWGEN NEWGEN | ₹489.2 | +2.74% | +2.7% vs prev close, vol 1.9x avg — flags: below 50DMA support |
NHPC NHPC | ₹72.58 | -1.39% | -1.4% vs prev close, vol 0.4x avg — flags: below 50DMA support |
ONGC ONGC | ₹224.9 | -0.11% | -0.1% vs prev close, vol 1.0x avg |
PRESTIGE PRESTIGE | ₹1,490 | +1.37% | +1.4% vs prev close, vol 0.2x avg — flags: below 50DMA support |
PSB PSB | ₹21.2 | -1.76% | -1.8% vs prev close, vol 0.8x avg — flags: below 50DMA support |
RELIANCE RELIANCE | ₹1,215 | +3.44% | +3.4% vs prev close, vol 1.7x avg — flags: below 50DMA support |
SBIN SBIN | ₹960 | +0.53% | +0.5% vs prev close, vol 1.0x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹176.45 | +1.23% | +1.2% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,354.45 | +2.28% | +2.3% vs prev close, vol 2.8x avg — flags: volume>2x avg |
TMPV TMPV | ₹286.85 | +1.22% | +1.2% vs prev close, vol 0.4x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹10,865.1 | +1.10% | +1.1% vs prev close, vol 1.1x avg — flags: below 50DMA support |
VBL VBL | ₹429.25 | -3.03% | -3.0% vs prev close, vol 0.8x avg — flags: drawdown>3% |
VMM VMM | ₹96.1 | +0.21% | +0.2% vs prev close, vol 2.9x avg — flags: volume>2x avg, below 50DMA support |
WIPRO WIPRO | ₹173.7 | +1.58% | +1.6% vs prev close, vol 1.5x avg |