In the latest market update, the large-cap segment of the BSE 100 has experienced a slight decline of 0.12%. Despite this overall downturn, Tata Steel emerged as a standout performer, delivering a notable return of 3.94%. Conversely, Adani Power struggled, recording a return of -3.21%, marking it as the worst performer in this segment.
The advance-decline ratio within the large-cap space reflects a challenging environment, with 45 stocks advancing against 53 declining, resulting in a ratio of 0.85. This indicates a slight tilt towards declining stocks, suggesting cautious sentiment among investors.

Looking ahead, several key companies are set to announce their earnings in the coming days, including TCS on October 9, HCL Technologies on October 13, and both Persistent Systems and Tech Mahindra on October 14. Additionally, ICICI Lombard will also report on the same day.

Recent technical calls for various stocks in the large-cap index have shown shifts in sentiment, with Eternal Ltd moving from none to mildly bullish, while Nestle India transitioned from mildly bearish to mildly bullish. Tata Consumer has also seen an upgrade to bullish, alongside Cummins India and SBI, which are now viewed as mildly bullish.