Daily Report

Daily Report - Mon, 26 Oct, 2026, 15:45 IST

Market Summary

Indian markets showed modest gains yesterday, with NIFTY 50 closing up 0.32% and SENSEX up 0.24%. Sectoral performance was mixed, with Pharma, Metal, and Energy leading the advancers, while Banking and Financial services sectors faced some pressure. Strong domestic institutional buying alongside foreign institutional inflows provided support.

Key Takeaways

  • NIFTY 50 and SENSEX closed positive, up 0.32% and 0.24% respectively.
  • Pharma (+1.46%), Metal (+1.2%), and Energy (+0.93%) were the top performing sectors.
  • NIFTY BANK (-0.22%) and NIFTY FIN SERVICE (-0.12%) ended in negative territory.
  • DIIs were significant net buyers with 3235.36cr, complemented by FII buying of 887.65cr.
  • DRREDDY.NS (+6.7%) and JSWSTEEL.NS (+3.3%) were among the top gainers.
  • TATACONSUM.NS (-3.8%) and TATAPOWER.NS (-3.7%) were among the top losers.

Top Stories & Market Intelligence

  • Macro & Policy - Economic Times

    RBI Inaugurates New Data Center and Cybersecurity Institute in Bhubaneswar

  • Global Cues - Reuters

    Global Markets Under Pressure Amid Elevated Oil Prices and Geopolitical Uncertainty

  • Earnings - Moneycontrol

    Infosys Lowers FY27 Revenue Guidance Despite 6% Profit Rise

    INFY
  • Sectoral - Economic Times

    Indian Markets See Mixed Sectoral Performance; IT Shows Resilience, Banks Underperform

  • Corporate Actions - Livemint

    Hexaware Technologies, Midaas Fashions Trade Ex-Dividend and Ex-Split Today

    RAILTEL
  • Stocks in Focus - Moneycontrol

    Paytm, Mankind Pharma, Tata Consumer Among Companies Announcing Q2 Results Today

    PAYTM, MANKINDPHARMA, TATACONSUM, ITCHOTELS, REC, NAZARA
  • Macro & Policy - Moneycontrol

    RBI MPC Minutes Signal No Near-Term Rate Cuts Amid Persistent Inflation Concerns

  • Global Cues - Bloomberg

    Investors Await US Federal Reserve Policy Meeting Amid Global Headwinds

Street Consensus & Brokerage Radar

TickerBrokerageActionTargetRationale
AESLJefferies Indiabuy1,980Maintained 'Buy' rating, but lowered SOTP-based target price due to reduced EBITDA estimates; remains bullish, predicting a 62% upside from its Friday closing price.
AUBANKJefferies Indiabuy1,250Maintained 'Buy' rating despite a slight target cut due to higher operating expenses and tighter bancassurance fee norms, but sees 23% CAGR in loans and 28% CAGR in profit over FY27-29.
IDFCFIRSTBJefferies Indiabuy—Maintained 'Buy' rating, raised FY27 estimates by 8% and FY28-29 by 2-3%, expecting ROA to improve to 1% in FY27, predicting a 33% upside.
MCXJefferies Indiabuy4,000Maintained 'Buy' rating. Despite a recent fall in line with gold prices, Jefferies believes the market overlooks MCX's 60% transaction revenue from energy contracts, making it a hedge against crude volatility.
ULTRACEMCOJefferies Indiabuy14,380Reiterated 'Buy' rating and raised target price due to strong domestic cement demand growth and improved blended EBITDA per tonne.
KEIJefferies Indiabuy6,150Maintained 'Buy' rating. Q2 results were better than estimates, with EBITDA 10% ahead of projections, seeing up to 58% upside.
HINDZINCJefferies Indiabuy650Retained 'Buy' rating but cut target price due to lower silver price assumptions.

Corporate Actions & Calendar

DateTickerTypeName
2026-10-243PLANDresults3P Land Holdings Limited
2026-10-24APOLLOMICROresultsApollo Micro Systems Limited
2026-10-24AUBANKresultsAU Small Finance Bank Limited
2026-10-24CASTROLINDresultsCastrol India Limited
2026-10-24CHEMBONDresultsChembond Chemicals Limited
2026-10-24CHEMCONresultsChemcon Speciality Chemicals Limited
2026-10-24DAMOINDresultsDamodar Industries Limited
2026-10-24GAELresultsGujarat Ambuja Exports Limited
2026-10-24IDFCFIRSTBresultsIDFC First Bank Limited
2026-10-24JKCEMENTresultsJK Cement
2026-10-25RAILTELresultsRailtel Corporation Of India Limited
2026-10-25MOSCHIPresultsMoschip Technologies Ltd.
2026-10-26HEXTdividendHexaware Technologies
2026-10-27LTTSdividendL&T Technology Services
2026-10-28NAM-INDIAdividendNAM-INDIA
2026-10-25MIDAASsplitMidaas Fashions Ltd
2026-10-28CHANDNIsplitChandni Machines Ltd
2026-10-29GALAXAGRIsplitGalaxy Agrico Exports Ltd
2026-10-29MEENAKSHIsplitMeenakshi (India) Ltd

FII / DII Activity

FII Net

+887.65 cr

DII Net

+3,235.36 cr

As of 2026-10-23

Market Cues

NIFTY 50

22,753.2

+0.68%

SENSEX

73,606.75

+0.66%

NASDAQ

25,955.342

-0.21%

GOLD

4,023.6

+0.39%

INDIA VIX

17.16

+1.78%

Market Sectors

NIFTY BANK

54,366.7

+0.15%

NIFTY IT

32,273.05

+0.87%

NIFTY PHARMA

25,774.25

+1.76%

NIFTY AUTO

24,970.75

+0.44%

NIFTY METAL

11,731.55

+2.21%

NIFTY ENERGY

35,022.35

+1.46%

NIFTY REALTY

789.7

+0.68%

NIFTY FIN SERVICE

26,242.55

+0.18%

NIFTY FMCG

42,800.75

+0.28%

Top Gainers & Losers

Top Gainers

TickerNameLTPChange
DRREDDYDr. Reddy's Laboratories1,310.90+6.62%
JSWSTEELJSW Steel1,260.00+6.28%
SHREECEMShree Cement23,540.00+3.54%
HEROMOTOCOHero MotoCorp5,199.00+3.01%
BPCLBharat Petroleum290.40+3.00%

Top Losers

TickerNameLTPChange
TATACONSUMTata Consumer Products936.50-2.84%
TATAPOWERTata Power338.50-2.76%
HAVELLSHavells India1,009.90-2.05%
BAJFINANCEBajaj Finance918.70-1.10%
DABURDabur India359.30-1.02%

52-Week High & Low

Near 52-Week High

No stocks within 2% of their 52-week high.

Near 52-Week Low

HAVELLSHavells India
1,009.90+0.71%
HDFCBANKHDFC Bank
688.05+0.90%
DABURDabur India
359.30+0.91%
NESTLEINDNestle India
1,173.50+1.50%
TATAPOWERTata Power
338.50+1.59%
BRITANNIABritannia Industries
4,580.00+1.60%
POWERGRIDPower Grid Corp
247.00+1.94%
Session Close Surveillance

Market Close & Portfolio Surveillance

16:15 IST

Session Summary

The Indian market showed resilience after a weak start. However, underlying concerns like elevated crude prices, geopolitical tensions, and the upcoming U.S. Federal Reserve policy decision will continue to influence sentiment. Stocks that tripped the 'below 50DMA support' rule without strong positive news or very high buying volume are likely to continue facing technical headwinds. Companies with negative news or extremely high selling volume on the day are at higher risk of further declines. The performance of mid-cap and small-cap indices on the day, which showed healthy gains, might lead to selective continued buying in those segments, but it's crucial to differentiate between genuine strength and speculative bounces. Overall, a cautious approach is warranted for tomorrow given the mixed signals and ongoing macro uncertainties.

Alerts(7)

High
CASTROLINDCastrol India

Disappointing Q3 profits and cautious guidance, coupled with high volume negative price movement.

volume>2x avg
High
DIXONDixon Technologies

Existing bearish trend and 'Strong Sell' rating, with persistent technical weakness.

below 50DMA support
High
HDFCBANKHDFC Bank

Concerns over leadership transition and an internal probe, with the stock trading near 52-week lows.

below 50DMA support
High
IRCTCIRCTC

Declining net margins and operating profit, premium valuation despite weaknesses, and broad market pressures.

below 50DMA support
High
MAGADSUGARMagadh Sugar & Energy

Negative price movement combined with being below its 50-day moving average, indicating selling pressure.

below 50DMA support
High
NHPCNHPC

Significant event risk from violent protests against a major project, outweighing positive analyst coverage.

below 50DMA support
High
PRESTIGEPrestige Estates Projects

Very high volume on a negative day, coupled with being below 50DMA, suggesting significant selling pressure.

volume>2x avgbelow 50DMA support

Portfolio Scan

TickerPriceChangeNote
ABREL
ABREL
₹1,084+3.90%+3.9% vs prev close, vol 2.3x avg — flags: volume>2x avg, below 50DMA support
AMBUJACEM
AMBUJACEM
₹361.7+1.03%+1.0% vs prev close, vol 1.0x avg
BANDHANBNK
BANDHANBNK
₹150.86+0.65%+0.6% vs prev close, vol 0.8x avg — flags: below 50DMA support
BDL
BDL
₹1,029+1.18%+1.2% vs prev close, vol 1.2x avg — flags: below 50DMA support
BEL
BEL
₹363.5+0.94%+0.9% vs prev close, vol 1.0x avg
BRITANNIA
BRITANNIA
₹4,570+0.49%+0.5% vs prev close, vol 1.0x avg
BSOFT
BSOFT
₹306.6+0.94%+0.9% vs prev close, vol 0.3x avg
CASTROLIND
CASTROLIND
₹190.78-1.98%-2.0% vs prev close, vol 2.1x avg — flags: volume>2x avg
CENTRALBK
CENTRALBK
₹29.07+0.80%+0.8% vs prev close, vol 1.0x avg — flags: below 50DMA support
DIXON
DIXON
₹11,161-0.27%-0.3% vs prev close, vol 0.8x avg — flags: below 50DMA support
EXIDEIND
EXIDEIND
₹336.9+1.49%+1.5% vs prev close, vol 0.7x avg — flags: below 50DMA support
FIRSTCRY
FIRSTCRY
₹164.35+1.11%+1.1% vs prev close, vol 0.2x avg — flags: below 50DMA support
GMRAIRPORT
GMRAIRPORT
₹89.9+3.33%+3.3% vs prev close, vol 0.2x avg — flags: below 50DMA support
GODREJCP
GODREJCP
₹836.4-1.77%-1.8% vs prev close, vol 1.0x avg
HAVELLS
HAVELLS
₹1,012-1.94%-1.9% vs prev close, vol 1.0x avg
HCLTECH
HCLTECH
₹1,418-0.42%-0.4% vs prev close, vol 1.6x avg
HDFCBANK
HDFCBANK
₹688.05-0.69%-0.7% vs prev close, vol 0.8x avg — flags: below 50DMA support
HINDUNILVR
HINDUNILVR
₹1,8200.00%+0.0% vs prev close, vol 1.0x avg
INFY
INFY
₹1,165+0.91%+0.9% vs prev close, vol 1.0x avg
IRCTC
IRCTC
₹438.65-0.62%-0.6% vs prev close, vol 0.7x avg — flags: below 50DMA support
IREDA
IREDA
₹101.87+1.60%+1.6% vs prev close, vol 1.6x avg — flags: below 50DMA support
ITC
ITC
₹260.4+1.24%+1.2% vs prev close, vol 1.0x avg
ITCHOTELS
ITCHOTELS
₹164.45+5.28%+5.3% vs prev close, vol 2.6x avg — flags: volume>2x avg
JWL
JWL
₹174.61+0.70%+0.7% vs prev close, vol 0.5x avg — flags: below 50DMA support
KAMATHOTEL
KAMATHOTEL
₹218.6+0.15%+0.1% vs prev close, vol 0.2x avg — flags: below 50DMA support
LICI
LICI
₹382+0.43%+0.4% vs prev close, vol 1.0x avg
LODHA
LODHA
₹980+1.77%+1.8% vs prev close, vol 0.9x avg — flags: below 50DMA support
M&M
M&M
₹2,853.1-0.28%-0.3% vs prev close, vol 0.6x avg — flags: below 50DMA support
MAGADSUGAR
MAGADSUGAR
₹504.4-1.71%-1.7% vs prev close, vol 0.8x avg — flags: below 50DMA support
MANKIND
MANKIND
₹2,312+4.49%+4.5% vs prev close, vol 1.6x avg — flags: below 50DMA support
MAXHEALTH
MAXHEALTH
₹835+2.20%+2.2% vs prev close, vol 0.1x avg — flags: below 50DMA support
NEWGEN
NEWGEN
₹476.1+4.97%+5.0% vs prev close, vol 1.3x avg — flags: below 50DMA support
NHPC
NHPC
₹70.5+0.71%+0.7% vs prev close, vol 0.9x avg — flags: below 50DMA support
ONGC
ONGC
₹228.25+1.00%+1.0% vs prev close, vol 1.0x avg
PRESTIGE
PRESTIGE
₹1,390-0.71%-0.7% vs prev close, vol 4.0x avg — flags: volume>2x avg, below 50DMA support
PSB
PSB
₹19.2+5.21%+5.2% vs prev close, vol 3.3x avg — flags: volume>2x avg, below 50DMA support
RELIANCE
RELIANCE
₹1,201.8+0.99%+1.0% vs prev close, vol 0.5x avg — flags: below 50DMA support
SBIN
SBIN
₹960.8+0.23%+0.2% vs prev close, vol 0.7x avg — flags: below 50DMA support
TATASTEEL
TATASTEEL
₹169.8+1.52%+1.5% vs prev close, vol 1.0x avg
TCS
TCS
₹2,536+0.32%+0.3% vs prev close, vol 0.4x avg
TMPV
TMPV
₹263-0.92%-0.9% vs prev close, vol 0.7x avg — flags: below 50DMA support
ULTRACEMCO
ULTRACEMCO
₹11,172+0.96%+1.0% vs prev close, vol 0.4x avg
VBL
VBL
₹408+3.26%+3.3% vs prev close, vol 1.5x avg — flags: below 50DMA support
VMM
VMM
₹88.25+1.44%+1.4% vs prev close, vol 0.3x avg — flags: below 50DMA support
WIPRO
WIPRO
₹189-0.40%-0.4% vs prev close, vol 0.5x avg