Daily Report
Daily Report - Thu, 22 Oct, 2026, 13:27 IST
Market Summary
The Indian market witnessed a broad-based decline, with NIFTY 50 closing down nearly 1% amidst poor market breadth. Most sectoral indices ended in negative territory, led by significant drops in FMCG and IT. Despite the overall weakness, both FIIs and DIIs remained net buyers, providing some underlying support.
Key Takeaways
- NIFTY 50 fell 0.88%, indicating a broad market sell-off.
- Market breadth was notably weak, with 46 declines against only 12 advances.
- FMCG (-1.89%) and IT (-1.56%) were the top underperforming sectors.
- NESTLEIND.NS (-3.1%) and HDFCBANK.NS (-2.4%) were among the top losers.
- Both FIIs (+1022.32cr) and DIIs (+1614.32cr) were net buyers in the market.
Top Stories & Market Intelligence
- Macro & Policy - Economic Times
RBI Rejects All Bids in T-Bill Auctions Signaling 'Calibrated Tightening'
- Global Cues - Reuters
Indian Market Eyes Cautious Opening on Weak Asian Cues and High Crude Oil Prices
- Earnings - Business Standard
Indian Hotels Reports Strong Q2 FY27 Performance with 19.4% Profit Growth
- Sectoral - Livemint
Oil-Sensitive Stocks in Focus as Crude Oil Prices Surge
ONGC, OIL, RELIANCE - Corporate Actions - Business Standard
Bharat Electronics Secures New Orders Worth ₹1,011 Crore
BEL - Stocks in Focus - Moneycontrol
Zydus Lifesciences' Zylidac Bio Partners with Prolific Machines for Platform Scaling
ZYDUSLIFE - Macro & Policy - Livemint
RBI MPC Raises Repo Rate by 25 BPS to 5.5%, Shifts Stance Amid Inflation Concerns
- Global Cues - Economic Times
Asian Markets Trade Lower Despite Wall Street Gains Amid AI Investment Concerns
Street Consensus & Brokerage Radar
| Ticker | Brokerage | Action | Target | Rationale |
|---|---|---|---|---|
| PERSISTENT | Nuvama Professional Clients Group | buy | 6,400 | The stock exhibits a bullish pole and flag pattern, a 200 DMA crossover, and is breaking out from a correction, with weekly charts showing the highest closing price in 8 months, suggesting a quick 8-10% upside. |
| SAGILITY | Nuvama Professional Clients Group | buy | 48 | Sagility has formed a higher low structure on daily charts, reclaimed its position above the 200 DMA, and is poised for a breakout from its consolidation zone, likely leading to an 8-10% move. |
| WAREE | Nuvama Professional Clients Group | buy | 2,700 | Waaree Energies gave a 6-month sloping trendline breakout earlier this month and has since retested this breakout zone, confirming buyer presence. This coincides with a 50% retracement of its recent rally, opening for another 8-10% upside. |
| INDIANHOTS | Motilal Oswal | buy | 870 | Motilal Oswal reiterated a 'buy' rating, citing a strong 22% jump in revenue and an upgraded FY27 revenue growth forecast of 15-17%. |
| ULTRACEMCO | Jefferies | buy | 14,380 | Jefferies reiterated 'Buy' on UltraTech Cement, noting strong domestic demand growth and improved EBITDA per tonne. |
| INFY | Jefferies | hold | 1,160 | Jefferies raised its target price, seeing potential for further valuation rerating despite a muted growth outlook for the IT sector. |
| TCS | Jefferies | reduce | 2,125 | Jefferies raised its target price for TCS, but maintained an 'Underperform' rating, acknowledging potential for valuation rerating despite a muted growth outlook for the IT sector. |
| VISHALMEGA | Morgan Stanley | buy | 146 | Morgan Stanley maintained an 'Overweight' rating, with management reiterating a double-digit same-store sales growth target for FY27. |
Corporate Actions & Calendar
| Date | Ticker | Type | Name |
|---|---|---|---|
| 2026-10-21 | MRPL | dividend | Mangalore Refinery and Petrochemicals Limited |
| 2026-10-21 | ICICIAMC | dividend | ICICI Prudential Asset Management Company Limited |
| 2026-10-21 | ELECON | dividend | Elecon Engineering Company Limited |
| 2026-10-22 | JSWDULUX | split | JSW Dulux Limited |
| 2026-10-22 | TIPSMUSIC | dividend | Tips Music Limited |
| 2026-10-22 | ANGELONE | dividend | Angel One Limited |
| 2026-10-23 | TECHM | dividend | Tech Mahindra Limited |
| 2026-10-23 | AZADIND | split | Azad India Mobility Limited |
| 2026-10-23 | CMPDI | results | Central Mine Planning & Design Institute Limited |
FII / DII Activity
FII Net
+1,022.32 cr
DII Net
+1,614.32 cr
As of 2026-10-21
Market Cues
NIFTY 50
22,609.95
-0.88%SENSEX
73,384.84
-0.44%NASDAQ
26,702.857
+1.05%GOLD
4,106.5
-1.05%INDIA VIX
16.075
+2.55%Market Sectors
NIFTY BANK
54,738.5
-0.43%NIFTY IT
31,915.45
-1.56%NIFTY PHARMA
25,479
-0.34%NIFTY AUTO
24,930.4
-1.06%NIFTY METAL
11,740.75
-1.00%NIFTY ENERGY
35,000.55
-1.34%NIFTY REALTY
798.4
-0.92%NIFTY FIN SERVICE
26,391.7
-0.70%NIFTY FMCG
42,895.7
-1.89%Top Gainers & Losers
Top Gainers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| SRF | SRF | 2,345.70 | +1.77% |
| BAJFINANCE | Bajaj Finance | 934.35 | +0.90% |
| BHARTIARTL | Bharti Airtel | 1,905.80 | +0.75% |
| BAJAJ-AUTO | Bajaj Auto | 10,142.00 | +0.70% |
| ICICIBANK | ICICI Bank | 1,393.80 | +0.64% |
Top Losers
| Ticker | Name | LTP | Change |
|---|---|---|---|
| NESTLEIND | Nestle India | 1,186.10 | -3.09% |
| DABUR | Dabur India | 368.05 | -2.90% |
| HDFCLIFE | HDFC Life Insurance | 524.70 | -2.77% |
| COALINDIA | Coal India | 397.40 | -2.48% |
| HDFCBANK | HDFC Bank | 690.00 | -2.40% |
52-Week High & Low
Near 52-Week High
TECHMTech Mahindra
1,834.70−1.04%
Near 52-Week Low
DABURDabur India
368.05+0.04%
HINDUNILVRHindustan Unilever
1,817.30+0.16%
BRITANNIABritannia Industries
4,607.80+0.24%
TATACONSUMTata Consumer Products
952.20+0.76%
NTPCNTPC
300.25+0.91%
MARUTIMaruti Suzuki
11,096.00+1.01%
VEDLVedanta
231.90+1.09%
HDFCBANKHDFC Bank
690.00+1.19%
POWERGRIDPower Grid Corp
247.55+1.19%
SBILIFESBI Life Insurance
1,635.30+1.39%
Closing Surveillance Pending
Official closing prices, end-of-day breadth, and portfolio risk screening update after the 15:30 IST market close.