High
VMMVMM
Significant 4.6% drop with higher-than-average volume following disappointing Q2FY27 earnings, which showed narrowed EBITDA margin and low net profit growth, along with breaching 50DMA support.
drawdown>3%below 50DMA support
Daily Report
Daily Report - Wed, 21 Oct, 2026, 21:07 IST
Market Summary
Indian markets closed broadly lower, with NIFTY 50 and SENSEX experiencing moderate declines. The IT sector emerged as a significant outperformer, contrasting with widespread weakness across other major sectors including financials and autos. Negative market breadth and FII outflows suggest underlying caution, partially offset by DII buying.
Key Takeaways
- Broad market saw selling pressure, with NIFTY 50 down 0.70%.
- IT sector was the sole major gainer, rising +2.44%, driven by top IT stocks.
- Financial Services (-1.24%), Bank (-1.27%), and Auto (-2.03%) sectors saw significant declines.
- Market breadth was negative with 13 advances against 44 declines.
- FIIs were net sellers at -1149cr, while DIIs were net buyers at +3201cr.
- India VIX stands at 15.9775.
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-10-21 | ICICIAMC | dividend | ICICI Prudential Asset Management Company Limited |
| 2026-10-21 | MRPL | dividend | Mangalore Refinery and Petrochemicals Limited |
| 2026-10-21 | ELECON | dividend | Elecon Engineering Company Limited |
| 2026-10-22 | JSWDULUX | split | JSW Dulux Limited |
| 2026-10-23 | AZADIND | split | Azad India Mobility Limited |
| 2026-10-25 | Sumitomo Chemical India Ltd | results | Sumitomo Chemical India Ltd |
| 2026-10-25 | KFIN Technologies Ltd | results | KFIN Technologies Ltd |
FII / DII Activity
FII Net
−1,149 cr
DII Net
+3,201 cr
As of 2026-10-20
Market Cues
NIFTY 50
22,811.35
-0.34%SENSEX
73,709.69
-0.19%NASDAQ
26,424.816
-0.02%GOLD
4,141.2
-0.03%INDIA VIX
15.675
+6.11%Market Sectors
NIFTY BANK
54,976.9
-0.92%NIFTY IT
32,422.5
+2.88%NIFTY PHARMA
25,565.9
-0.19%NIFTY AUTO
25,196.65
-1.54%NIFTY METAL
11,859.55
-1.71%NIFTY ENERGY
35,474.75
-1.39%NIFTY REALTY
805.85
-1.25%NIFTY FIN SERVICE
26,578
-0.96%NIFTY FMCG
43,720.7
-0.58%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| WIPRO | Wipro | 189.17 | +3.86% |
| INFY | Infosys | 1,168.00 | +3.30% |
| HCLTECH | HCL Technologies | 1,424.20 | +3.21% |
| TECHM | Tech Mahindra | 1,834.70 | +3.13% |
| TCS | Tata Consultancy Services | 2,529.00 | +2.77% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| SRF | SRF | 2,305.00 | -5.22% |
| BAJFINANCE | Bajaj Finance | 926.00 | -3.27% |
| HAVELLS | Havells India | 1,071.60 | -2.82% |
| VEDL | Vedanta | 236.85 | -2.61% |
| EICHERMOT | Eicher Motors | 7,170.50 | -2.43% |
52-Week High & Low
Near 52-Week High
TECHMTech Mahindra
1,834.70−1.04%
Near 52-Week Low
NTPCNTPC
303.00+0.63%
MARUTIMaruti Suzuki
11,200.00+0.67%
BRITANNIABritannia Industries
4,683.60+0.73%
VEDLVedanta
236.85+1.61%
HINDUNILVRHindustan Unilever
1,850.20+1.97%
SRFSRF
2,305.00+1.99%
Session Close Surveillance
16:15 ISTMarket Close & Portfolio Surveillance
Session Summary
Amidst a broadly negative Indian market driven by inflation fears and rising yields, VMM and IREDA present strong sell signals due to poor earnings and technical breaches, while other stocks like Dixon and Kamathotel show significant risk from sectoral weakness or sharp declines.
Alerts(8)
High
IREDAIREDA
Fell 4% and hit a 52-week low following Q2 earnings, trading significantly below its declining 50-day Exponential Moving Average.
below 50DMA support
High
DIXONDIXON
Experienced a 3.4% drawdown with higher-than-average volume within the worst-performing consumer durables sector, likely impacted by broader inflation concerns and breaking 50DMA support.
drawdown>3%below 50DMA support
High
KAMATHOTELKAMATHOTEL
Substantial 5.7% drop, suggesting strong selling interest or accelerated profit-taking in a weak mid/small-cap market, without specific news.
drawdown>3%
Medium
BANDHANBNKBANDHANBNK
Declined 2.9% amid broader weakness in the financial services sector, possibly due to pre-earnings anxiety ahead of its Q2 results board meeting.
below 50DMA support
Medium
NEWGENNEWGEN
Despite a strong IT sector, the stock traded with significantly higher-than-average volume and remained below its 50DMA, suggesting potential institutional selling or profit-taking against the sector trend.
below 50DMA support
Medium
VBLVBL
Notable 2.9% drop, aligning with overall weakness in the consumer durables/goods sector.
below 50DMA support
Medium
MAXHEALTHMAXHEALTH
Extremely high volume (4.2x average) despite a modest 1.1% price drop, indicating significant institutional activity like block sales or profit-taking, particularly when breaking 50DMA.
volume>2x avgbelow 50DMA support
Portfolio Scan
| Ticker | Price | Change | Note |
|---|---|---|---|
ABREL ABREL | ₹1,083.65 | -1.39% | -1.4% vs prev close, vol 0.4x avg — flags: below 50DMA support |
AMBUJACEM AMBUJACEM | ₹358.55 | -0.03% | -0.0% vs prev close, vol 1.0x avg |
BANDHANBNK BANDHANBNK | ₹159.1 | -2.87% | -2.9% vs prev close, vol 0.6x avg — flags: below 50DMA support |
BDL BDL | ₹1,070 | -1.65% | -1.7% vs prev close, vol 1.0x avg — flags: below 50DMA support |
BEL BEL | ₹371.6 | -1.29% | -1.3% vs prev close, vol 1.0x avg |
BRITANNIA BRITANNIA | ₹4,677 | -0.60% | -0.6% vs prev close, vol 1.0x avg |
BSOFT BSOFT | ₹315.7 | +0.99% | +1.0% vs prev close, vol 1.3x avg |
CASTROLIND CASTROLIND | ₹196.19 | -0.30% | -0.3% vs prev close, vol 0.8x avg |
CENTRALBK CENTRALBK | ₹30.44 | -1.71% | -1.7% vs prev close, vol 1.1x avg |
DIXON DIXON | ₹11,689 | -3.40% | -3.4% vs prev close, vol 1.9x avg — flags: drawdown>3%, below 50DMA support |
EXIDEIND EXIDEIND | ₹358.2 | -0.54% | -0.5% vs prev close, vol 1.0x avg — flags: below 50DMA support |
FIRSTCRY FIRSTCRY | ₹170.85 | -2.04% | -2.0% vs prev close, vol 0.2x avg — flags: below 50DMA support |
GMRAIRPORT GMRAIRPORT | ₹87.4 | -3.05% | -3.1% vs prev close, vol 0.1x avg — flags: drawdown>3%, below 50DMA support |
GODREJCP GODREJCP | ₹857.25 | +1.44% | +1.4% vs prev close, vol 1.0x avg |
HAVELLS HAVELLS | ₹1,071.1 | -2.48% | -2.5% vs prev close, vol 1.0x avg |
HCLTECH HCLTECH | ₹1,423.85 | +3.40% | +3.4% vs prev close, vol 1.0x avg |
HDFCBANK HDFCBANK | ₹706.95 | -0.71% | -0.7% vs prev close, vol 0.9x avg |
HINDUNILVR HINDUNILVR | ₹1,845 | -0.64% | -0.6% vs prev close, vol 1.0x avg |
INFY INFY | ₹1,167.4 | +3.31% | +3.3% vs prev close, vol 1.0x avg |
IRCTC IRCTC | ₹450.65 | -1.09% | -1.1% vs prev close, vol 0.7x avg — flags: below 50DMA support |
IREDA IREDA | ₹103.6 | -2.76% | -2.8% vs prev close, vol 1.5x avg — flags: below 50DMA support |
ITC ITC | ₹261.75 | +0.29% | +0.3% vs prev close, vol 1.0x avg |
ITCHOTELS ITCHOTELS | ₹156.1 | -1.51% | -1.5% vs prev close, vol 0.5x avg — flags: below 50DMA support |
JWL JWL | ₹190.31 | -3.26% | -3.3% vs prev close, vol 0.5x avg — flags: drawdown>3%, below 50DMA support |
KAMATHOTEL KAMATHOTEL | ₹232.81 | -5.66% | -5.7% vs prev close, vol 0.8x avg — flags: drawdown>3% |
LICI LICI | ₹391.3 | -0.45% | -0.4% vs prev close, vol 1.0x avg |
LODHA LODHA | ₹1,015 | -1.46% | -1.5% vs prev close, vol 0.8x avg — flags: below 50DMA support |
M&M M&M | ₹2,889 | -0.62% | -0.6% vs prev close, vol 0.9x avg — flags: below 50DMA support |
MAGADSUGAR MAGADSUGAR | ₹564.8 | -0.04% | -0.0% vs prev close, vol 0.6x avg |
MANKIND MANKIND | ₹2,285.5 | +1.43% | +1.4% vs prev close, vol 0.4x avg — flags: below 50DMA support |
MAXHEALTH MAXHEALTH | ₹820 | -1.12% | -1.1% vs prev close, vol 4.2x avg — flags: volume>2x avg, below 50DMA support |
NEWGEN NEWGEN | ₹478.9 | -0.15% | -0.1% vs prev close, vol 1.8x avg — flags: below 50DMA support |
NHPC NHPC | ₹72.53 | +2.57% | +2.6% vs prev close, vol 2.0x avg — flags: volume>2x avg, below 50DMA support |
ONGC ONGC | ₹225.35 | +0.29% | +0.3% vs prev close, vol 1.0x avg |
PRESTIGE PRESTIGE | ₹1,455 | -0.96% | -1.0% vs prev close, vol 0.2x avg — flags: below 50DMA support |
PSB PSB | ₹20.85 | -1.97% | -2.0% vs prev close, vol 1.9x avg — flags: below 50DMA support |
RELIANCE RELIANCE | ₹1,209 | +0.58% | +0.6% vs prev close, vol 1.2x avg — flags: below 50DMA support |
SBIN SBIN | ₹963 | -1.10% | -1.1% vs prev close, vol 1.1x avg — flags: below 50DMA support |
TATASTEEL TATASTEEL | ₹172.3 | -0.92% | -0.9% vs prev close, vol 1.0x avg |
TCS TCS | ₹2,527 | +2.68% | +2.7% vs prev close, vol 1.5x avg |
TMPV TMPV | ₹277 | -0.86% | -0.9% vs prev close, vol 1.1x avg — flags: below 50DMA support |
ULTRACEMCO ULTRACEMCO | ₹10,811.15 | +1.80% | +1.8% vs prev close, vol 1.3x avg — flags: below 50DMA support |
VBL VBL | ₹408.4 | -2.89% | -2.9% vs prev close, vol 1.0x avg — flags: below 50DMA support |
VMM VMM | ₹89.9 | -4.62% | -4.6% vs prev close, vol 1.6x avg — flags: drawdown>3%, below 50DMA support |
WIPRO WIPRO | ₹188.6 | +3.63% | +3.6% vs prev close, vol 1.6x avg |