The NIFTY opened at 19495.20 with a big gap up of 111 points. The index continued its bullish momentum and moved higher. The NIFTY opened at 19495.20 with a big gap up of 111 points. The index continued its bullish momentum and moved higher. Soon prices found resistance and formed a consolidation. The consolidation broke on the downside after prices recorded its intraday high at 19567. Prices have seen a steep fall afterward and erased almost all the gains. The index recorded its intraday low at 19385.80 and saw some recovery towards the end. The index finally closed at 19413.75 near its day’s lows with a gain of 29.45 points of 0.15% up. The IT sector outperformed today and ended with a gain of 1.75% followed by REALTY which ended 1% higher. MEDIA underperformed today and ended with a loss of 1.88% followed by OIL GAS which ended 1.17% lower. The short-term trend is up. It has to be up as the index is moving near its swing highs and recorded new lifetime highs at 19567. Support is visible around 18900 while resistance may emerge around 19500.


The BANK NIFTY opened at 45009.30 with a big gap up of 346 points. The Index continued its upside momentum and moved up. However, the rally was modest and soon found resistance around 45100. Prices started a consolidation and prices eventually broke on the downside. A decline started afterward that lasted till the end. The index recorded its intraday high at 45085.15, its intraday low at 44612.20, and finally closed at 44726.45 with a gain of just 66 points. PSU BANK underperformed, saw a sharp downside move, and closed with a loss of 2.38%. PVT BANK outperformed today, saw a mild upside move, but closed with a gain of just 0.02%. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while FEDERAL BANK contributed the lowest. The index broke its four days of losing streak today. The support is visible around 44500 while resistance is visible around 45500.


BHARAT FORGE 858.10 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above  with a stop loss of 795.00 and a target of 823.00.
AMBUJA CEM 416.90 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 414.60 with a stop loss of 419 and a target of 403.50.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
ACC  1760 PE BUY 30 CMP 24.50 57 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
NAUKRI.23.07 Jul 4650 4.05 3.72 1349850 FEDERALBNK.23.07 Jul 126.8 -5.86 39.44 160465000
BSOFT.23.07 Jul 362.25 3.84 7.42 8314000 DELTACORP.23.07 Jul 180.5 -4.87 50.68 20977600
TCS.23.07 Jul 3346.85 2.62 0.06 11695075 BANKBARODA.23.07 Jul 197.8 -3.61 12.81 97706700
COFORGE.23.07 Jul 4784 2.59 8.79 559050 POWERGRID.23.07 Jul 244.45 -3.47 20.76 37470600
JINDALSTEL.23.07 Jul 638.5 2.47 1.66 26130000 GNFC.23.07 Jul 586.9 -3.3 6.19 7850700
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PERSISTENT.23.07 Jul 4790 1.59 -0.28 1246000 MANAPPURAM.23.07 Jul 124.4 -4.31 -2.11 66636000
MPHASIS.23.07 Jul 1935.1 1.29 -2.8 2793175 PNB.23.07 Jul 59.35 -3.57 -3.66 284592000
UBL.23.07 Jul 1504.5 1.05 -0.4 2191600 IBULHSGFIN.23.07 Jul 120.65 -2.74 -1.87 58180800
VEDL.23.07 Jul 277.85 1 -3.63 47394000 COROMANDEL.23.07 Jul 931.8 -2.7 -0.46 2122400
OFSS.23.07 Jul 3861.25 0.93 -1.02 252200 HINDCOPPER.23.07 Jul 117.25 -2.41 -5.31 28461000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Sun Pharma  Ltd 1075.65 -0.29 1541690 3849559 75.65 Nifty50 19413.75 0.15 104322
Larsen & Toubro Limited 2450.15 -0.2 1141663 1350744 74.12 Niftybank 44665.05 0.06 104259
Page Industries Limited 36273.9 0.75 37053 24360 72.14 Nifty it 29628.2 1.75 104259
Infosys Limited 1365.1 2.39 9977644 5834461 72.01 India Vix 10.94 -0.02 104559
Hindustan Unilever Ltd 2654.7 -0.71 1495067 1719730 71.78 Nifty Fmcg 53029.95 -0.47 104259
Ltimindtree Limited 4893.3 1.6 837160 3606170 71.33 Nifty Pharma 13876.55 -0.43 104259
Power Grid Corporation o 243.1 -3.55 22943588 5010181 71.14 Nifty Realty 533.6 1.02 104259
Hdfc Ltd. 2724.3 -0.84 42367376 6071446 70.84 Nifty Auto 15519.7 -0.61 104259
Icici Prudential Life In 598.2 0.18 3376033 1219540 68.93 Nifty Metal 6379.7 0.26 104259
Grasim Ind Ltd. 1759.8 -1.02 334231 538625 68.34 Nifty Financial Services 20021.5 0.49 104259


   Domestic                                                                                                                                                  International
INR: WPI Inflation (YoY) (Jun) on 14th July, 2023

INR: Trade Balance on 14th July, 2023

USD: Retail Sales (MoM) (Jun) on 18th July, 2023

USD: Building Permits (Jun) on 19th July, 2023


  • Sensex and Nifty climbed to record highs on Thursday amidst encouraging inflation data from the US which investors believe will give Fed more incentives to hit a pause on future rate hikes. Sensex crossed the psychological mark of 66,000, while Nifty went above 19,500, but have pared gains in the second half but are still trading in the green.

  • Bengaluru-based IT major Wipro saw its headcount decline for the third consecutive quarter, ending the June quarter with 8,812 fewer employees than the previous quarter. With this, the company’s headcount stands at 2,49,758. In contrast, during the same period last year, Wipro added 15,446 employees.

  • India’s domestic air traffic in June rose 18.8 percent compared to the same month last year. Domestic airlines carried 1.24 crore passengers in June, data released by the Directorate General of Civil Aviation (DGCA) on July 13 shows.

  • Angel One’s consolidated profit rose 21.6 percent year-on-year to Rs 220.8 crore for the quarter ended June 2023, compared with Rs 181.5 crore a year ago, on the back of strong client addition.

Source: Economic Times,  Indian Express, Business Today, Livemint, Business Standard, Bloomberg Quint


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AIIL Scheme of Arrangement 14-Jul-23 TATASTLLP Quarterly Results 14-Jul-23
ALFREDHE Quarterly Results 14-Jul-23 TIMEX General 14-Jul-23
AMAL Quarterly Results 14-Jul-23 TTLEL Quarterly Results 14-Jul-23
ARENTERP General 14-Jul-23 UNICHEMLAB Quarterly Results 14-Jul-23
BANDHANBNK Quarterly Results 14-Jul-23 VANDANA General;Quarterly Results 14-Jul-23
CCL General;A.G.M.;Quarterly Results 14-Jul-23 VENUSREM General;A.G.M. 14-Jul-23
COROENGG Quarterly Results 14-Jul-23 VERANDA Preferential Issue of shares 14-Jul-23
DEN Quarterly Results 14-Jul-23 VFL Quarterly Results 14-Jul-23
EVERTEX General 14-Jul-23 VIRINCHI Quarterly Results 14-Jul-23
GTPL Quarterly Results 14-Jul-23 VSTIND Quarterly Results 14-Jul-23
HAPPSTMNDS General 14-Jul-23 AMARNATH A.G.M. 15-Jul-23
HEERAISP General 14-Jul-23 DMART Quarterly Results 15-Jul-23
INFOMEDIA Quarterly Results 14-Jul-23 EFCIL General;Preferential Issue of shares 15-Jul-23
JSWENERGY Quarterly Results 14-Jul-23 GROWINGTON General 15-Jul-23
JUSTDIAL Quarterly Results 14-Jul-23 J&KBANK General 15-Jul-23
KESORAMIND Quarterly Results 14-Jul-23 KSOLVES Quarterly Results 15-Jul-23
LANCORHOL Bonus issue;A.G.M. 14-Jul-23 MACINTR Quarterly Results 15-Jul-23
MFLINDIA General;A.G.M. 14-Jul-23 MBLINFRA General 15-Jul-23
PARVATI General 14-Jul-23 MENONBE Interim Dividend;Quarterly Results 15-Jul-23
PIGL General 14-Jul-23 MSL General 15-Jul-23
SAPPL Right Issue of Equity Shares 14-Jul-23 PALCO General 15-Jul-23
SASTASUNDR Audited Results 14-Jul-23 RALLIS Quarterly Results 15-Jul-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
APOLLOTYRE 14-Jul-23 Special Dividend – Rs. – 0.5000 POLYCHEM 14-Jul-23 Final Dividend – Rs. – 20.0000
APOLLOTYRE 14-Jul-23 Final Dividend – Rs. – 4.0000 PTL 14-Jul-23 Final Dividend – Rs. – 1.7500
APTECHT 14-Jul-23 Bonus issue 2:5 RECLTD 14-Jul-23 Final Dividend – Rs. – 4.3500
ARTEMISMED 14-Jul-23 Dividend – Rs. – 0.4500 RNAVAL 14-Jul-23 Resolution Plan -Suspension
ASTRAZEN 14-Jul-23 Dividend – Rs. – 16.0000 SAFARIND 14-Jul-23 Final Dividend – Rs. – 2.0000
ATUL 14-Jul-23 Final Dividend – Rs. – 25.0000 SHANTIGEAR 14-Jul-23 Final Dividend – Rs. – 2.0000
AUBANK 14-Jul-23 Final Dividend – Rs. – 1.0000 TASTYBIT 14-Jul-23 Final Dividend – Rs. – 2.0000
BIMETAL 14-Jul-23 Dividend – Rs. – 12.5000 TIRUMALCHM 14-Jul-23 Dividend – Rs. – 1.5000
BOSCHLTD 14-Jul-23 Final Dividend – Rs. – 280.0000 TRANSCOR 14-Jul-23 Dividend – Rs. – 0.2000
BSOFT 14-Jul-23 Final Dividend – Rs. – 2.0000 UJJIVANSFB 14-Jul-23 Final Dividend – Rs. – 0.5000
CONTROLPR 14-Jul-23 Final Dividend – Rs. – 5.0000 ULTRAMAR 14-Jul-23 Final Dividend – Rs. – 5.0000
COROMANDEL 14-Jul-23 Final Dividend – Rs. – 6.0000 CENTURYTEX 17-Jul-23 Final Dividend – Rs. – 5.0000
EXPLEOSOL 14-Jul-23 Dividend – Rs. – 5.0000 CGFL 17-Jul-23 Right Issue of Equity Shares
GLOBUSSPR 14-Jul-23 Dividend – Rs. – 6.0000 INGERRAND 17-Jul-23 Final Dividend – Rs. – 20.0000
HINDZINC 14-Jul-23 Interim Dividend – Rs. – 7.0000 LAKSELEC 17-Jul-23 Final Dividend – Rs. – 22.0000
INFRATRUST 14-Jul-23 Income Distribution (InvIT) LLOYDSTEEL 17-Jul-23 Final Dividend – Rs. – 0.1000
KABRAEXTRU 14-Jul-23 Final Dividend – Rs. – 3.5000 MODISONLTD 17-Jul-23 Final Dividend – Rs. – 1.0000
KIRLFER 14-Jul-23 Dividend – Rs. – 3.0000 RBL 17-Jul-23 Dividend – Rs. – 25.0000
KSOLVES 14-Jul-23 Final Dividend – Rs. – 8.0000 THANGAMAYL 17-Jul-23 Bonus issue 1:1
LUPIN 14-Jul-23 Final Dividend – Rs. – 4.0000 WALCHPF 17-Jul-23 Final Dividend – Rs. – 1.0000
M&M 14-Jul-23 Dividend – Rs. – 16.2500 AGOL 18-Jul-23 Stock  Split From Rs.10/- to Rs.1/-
MAHLOG 14-Jul-23 Final Dividend – Rs. – 2.5000 ANMOL 18-Jul-23 Bonus issue 4:1

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