Market Summary 2nd Mar 2026

DAILY MARKET RADAR

Monday, 02 March 2026
⚡ Market Pulse: The market witnessed a broad-based sell-off with an extremely poor advance-decline ratio, indicating widespread bearish sentiment and a lack of buying interest even at lower levels. This suggests further downside risk until a significant shift in market participation is observed.
Nifty 50
24866
▼ -1.24% (-312.95 pts)

Sensex
80239
▼ -1.29% (-1048.34 pts)

India VIX
17.13
<15: Stable | 15-20: Volatile | >20: Fear

Adv / Dec Ratio
0.13
57 Up / 443 Down
Ratio > 1 = Bull Control

🚀 Movers & Shakers (Top 10)

Symbol CMP % Chg
TEJASNET 484.7 +11.21%
IIFLCAPS 316.0 +9.51%
STLTECH 172.4 +8.34%
PARAS 670.8 +5.18%
POLYMED 1314.0 +4.61%
FDC 372.0 +4.32%
BASF 3589.4 +3.98%
SOLARINDS 13989.0 +3.59%
FINCABLES 946.5 +3.58%
MUTHOOTFIN 3471.9 +3.53%
Symbol CMP % Chg
KRN 918.5 -7.97%
EASEMYTRIP 8.0 -7.31%
INDIAGLYCO 896.8 -6.77%
RATEGAIN 493.8 -6.73%
KITEX 169.9 -6.53%
BIRLACORPN 936.3 -6.43%
RAILTEL 293.5 -6.41%
INDIGO 4520.4 -6.36%
KPIGREEN 361.8 -6.31%
REDINGTON 262.9 -6.28%

📢 Volume & Circuits

Volume Shockers (>3x Avg) CMP % Chg Spike
TEJASNET 484.7 11.2% 17.7x
IDEA 10.3 -2.8% 16.9x
YESBANK 20.2 -2.6% 16.3x
HDFCBANK 879.4 -0.9% 13.4x
ETERNAL 242.9 -1.4% 13.3x
Upper Circuits
None
Lower Circuits
INDIGOFINEORGSUBROSRELINFRAPARADEEP

📊 Sectoral Heatmaps (Top 8)

Financial Services

▼ -1.89%

While the Financial Services sector is experiencing a downturn, select companies like IIFLCAPS and MUTHOOTFIN are bucking the trend, suggesting potential alpha opportunities in niche areas like NBFCs or specific commodities exchanges within the sector. Further investigation into the catalysts driving these individual gainers could reveal valuable insights into emerging trends within the broader financial landscape.

Telecommunication

▼ -0.92%

Despite the overall telecommunication sector experiencing a slight downturn, several companies like TEJASNET and BHARTIARTL demonstrate resilience and growth potential. This suggests selective investment opportunities exist within the sector, favoring companies with specific strengths in areas like network infrastructure or service innovation.

Capital Goods

▼ -1.86%

The capital goods sector is currently underperforming, suggesting a broader market downturn or sector-specific headwinds. However, the listed gainers indicate pockets of strength within specialized areas like defense (PARAS), cables (FINCABLES, KEI), and potentially automation or technology (DYNAMATECH, BEL) which warrant further investigation.

Power

▼ -3.16%

Despite overall sector weakness reflected in the negative return, some individual power stocks are showing positive momentum, indicating selective buying interest in companies like POWERGRID and NTPC. Investors might be rotating into perceived safer or dividend-yielding names within the sector amidst broader market uncertainty.

Oil Gas & Consumable Fuels

▼ -2.47%

Despite the Oil, Gas, and Consumable Fuels sector experiencing an overall decline, specific companies like ONGC and Coal India bucked the trend, suggesting potential value in upstream or commodity-driven segments. Analyzing individual company performance and their specific catalysts is crucial for identifying opportunities within this underperforming sector.

Consumer Services

▼ -2.13%

Consumer Services are currently underperforming, as indicated by the negative sector performance, but a few companies, like VENTIVE and LEMONTREE, are bucking the trend and showing positive momentum, potentially driven by company-specific factors. Further investigation into the specific drivers behind the gainers’ success could reveal valuable opportunities within the struggling sector.

Metals & Mining

▼ -0.86%

While the Metals & Mining sector shows overall negative performance, specific stocks like NATIONALUM and HINDZINC are bucking the trend, indicating potential bottom-fishing opportunities or sector-specific demand driving these individual gains. Further investigation is warranted to understand the factors supporting these outperforming stocks and their sustainability amidst the broader sector downturn.

Automobile and Auto Components

▼ -2.54%

Despite the overall negative sector performance in Automobile and Auto Components, a few stocks like TIINDIA and CRAFTSMAN are showing relative strength, suggesting potential stock-specific opportunities within the sector. Further investigation into the reasons for these companies’ outperformance could reveal valuable insights.

🎯 Technical Corner

🤖 Tech Setup: Okay, based on the provided data, here’s a concise, two-sentence insight: **The absence of both a Golden Cross and confirmation of a Bullish Trend suggests a lack of clear bullish signals.** Investors should exercise caution and await further confirmation of upward momentum before committing to long positions.

RSI Radar (Momentum)

● Overbought (>70)   ● Oversold (<30)

Trend Dashboard (SMA 20)

🐂 Bullish

    🐻 Bearish
    • IDEA
    • TEJASNET
    • YESBANK
    • SUZLON
    • ETERNAL
    • ONGC
    • OLAELEC
    • RPOWER
    • IDFCFIRSTB
    • JPPOWER

    🌟 Golden Crossovers (50 > 200 SMA)

    • No Golden Crossovers today.

    Please follow and like us: