Daily Market Update - 14th October 2026 by Ventura Securities Ltd
Market Outlook:
Indian markets are likely to open marginally lower, with Gift Nifty indicating a negative opening after declining 15 points (-0.07%). This follows a strong recovery on 13th October, with Nifty rising 1.60% to 22,722 and Sensex gaining 1.54% to 73,034. Market breadth remained positive, with 2,127 advances against 1,417 declines on NSE. In derivatives, Nifty PCR improved to 1.01, with maximum Put OI at 22,500 and Call OI at 23,000, indicating 22,500 as the key support and 23,000 as the immediate resistance. India VIX declined 7.49% to 14.11. Global cues remain mildly negative, with the S&P 500, Dow Jones and Nasdaq 100 closing lower on 13th October.
FII & DII Activity: FIIs remained net sellers at ?1,305 crore on 13th October, with purchases of ?13,465 crore against sales of ?14,771 crore. DIIs, however, remained strong buyers with net inflows of ?2,439 crore. Cumulative FII selling in October has reached ?42,792 crore, while DII buying stands at ?45,840 crore, highlighting continued domestic institutional support despite persistent foreign outflows. The rupee appreciated 0.5% to ?95.28/$, supported partly by RBI measures to manage dollar demand.
Sector Activity: Sectoral performance was broadly positive on 13th October, led by Nifty IT, which gained 5.22% on strong moves in HCL Technologies (+8.42%) and TCS (+6.79%). Realty rose 2.46%, Consumer Durables 1.56%, Cement 1.40%, Auto 1.23% and Bank 1.03%. The broader sectoral index data also showed gains in Financial Services, Services, PSU Banks, FMCG, Construction, Energy and Metals. IT was the strongest major sector, while the recovery extended across most segments of the market.
Long, Short, Long Unwinding & Short Covering: Fresh long build-up was seen in Ujjivan SFB (+4.6%, OI +18.2%), Shriram Finance (+6.2%, OI +3.2%), TCS (+6.6%, OI +1.9%), Tech Mahindra (+4.9%, OI +2.6%) and Crompton (+4.4%, OI +3.1%). Short build-up was observed in RBL Bank (-7.1%, OI +29.9%), ICICI Prudential Life (-3.4%, OI +9.3%), TI India (-1.0%, OI +11.9%), Power India (-3.3%, OI +6.2%) and Vedanta (-3.3%, OI +4.0%). Long unwinding was seen in Polycab, Kotak Bank, IDFC First Bank and IOC, while short covering emerged in Bandhan Bank (+9.2%, OI -5.2%), HCL Technologies (+8.4%, OI -2.0%), KPIT Technologies (+6.8%, OI -1.7%), Tata Elxsi (+5.2%, OI -1.8%) and Mphasis (+4.8%, OI -3.1%).
Top 5 News:
Aegis Logistics: Aegis agreed to acquire 89.8% of Dubai-based Tristar Holdings for US$809 million, including contingent payments and interest on deferred consideration. Tristar reported CY2025 revenue of US$1.40 billion, EBITDA of US$257 million and net profit of US$82 million, with operations across 30+ countries in fuel storage, maritime logistics, road transport and aviation fuelling. Completion is expected in Q4 FY27, subject to approvals and closing conditions.
Hyundai Motor India: Hyundai Motor Group announced a US$15.5 billion investment programme in India through 2032 covering manufacturing, R&D, suppliers and mobility. Around US$700 million is earmarked for the Indian R&D centre and vehicle-testing track, while Hyundai Motor India and Kia India will also see capacity expansion.
Prestige Estates: Q2 FY27 pre-sales increased 20% YoY to ?7,225 crore across 3,910 units and 5.84 million sq. ft. Collections stood at ?5,294 crore, taking H1 collections to ?10,096 crore, while H1 pre-sales reached ?13,804 crore. Planned launches over the next two quarters carry potential value of more than ?40,000 crore.
PTC Industries: PTC completed a ?1,800 crore QIP through the issue of 8.55 lakh shares at ?21,060 per share. The issue received demand exceeding five times the issue size, with allocations including approximately ?850 crore to Fidelity Investments and ?355 crore to Capital Group. The proceeds will support expansion at PTC and its subsidiaries in India and the UK.
Aarti Industries: Aarti Industries signed a 10+ year dedicated manufacturing and supply agreement with a global speciality-chemical company, with estimated cumulative revenue potential of ?1,500 crore. The company will build and operate a dedicated Indian facility using the customer's proprietary technology, with capex below US$25 million. Commercial operations are expected in FY28–29, subject to approvals.
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