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ITFMCGHigh impactPre-market

GQG selling pressures ITC and Adani stocks amid Nifty low

pre-market1 source ↓machine-written, see hownot a recommendation

which fell
4.03%
block deal involving
₹9,437 cr
shares
36.66 cr
in reductions
₹12,000 cr
now hit
52-week low

GQG Partners' aggressive selling has pressured ITC, which fell 4.03% after a ₹9,437 cr block deal involving 36.66 cr shares. This selling trend extends to the Adani group, which has seen over ₹12,000 cr in reductions during the June quarter. The Nifty index has now hit a 52-week low, reflecting broader market concerns. 📉

• ITC shares traded at ₹257

• Ongoing GQG exit raises market volatility concerns

• Risk-off sentiment prevalent among investors.

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 9 Oct 2026, 07:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ITC closed +4.3% on the day of the news, from ₹255.00 to ₹266.00; Nifty +1.3% over the same session; futures OI −1.1%.

Bulletin at 07:09 IST on 9 Oct 2026. Every change is measured from ₹255.00, the last close before it, on 8 Oct. Nifty 50 is measured over the same sessions.

  • ITC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ITC closes around the bulletin against the close before the news, with Nifty 50 rebased to it228.38255.00281.62axis spans 23%before the news · 8 Oct255.00Nifty 50ITCbulletinD0+1+31 Oct8 Oct14 OctFutures open interest, lotspeak 1.2 LReference close ₹255.00. 9 sessions from 1 Oct to 14 Oct; the price axis spans 23 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before8 Oct₹255.00basebase
On the day9 Oct₹266.00▲ +4.3%▲ +1.3%+3.0 pp difference
+1 session12 Oct₹257.90▲ +1.1%▲ +0.6%+0.6 pp difference
+3 sessions14 Oct₹261.50▲ +2.5%▲ +1.8%+0.8 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▲ +0.2%+0.46 on 9 Oct
Day's range, % · ₹
5.1%≈ 13 high to low
Volume on the day
1.70×the 20-session average
Futures OI on the day
▼ −1.1%−1,400 lots · short covering · price +4.3%
Futures OI open, lots
1.2 L9 Oct · 27 Oct expiry
Futures premium, ₹
+1.20+0.5% to spot
Puts per call, by OI
0.82from 0.53 the session before
Max pain
265from 260 the session before

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