the NIFTY opened at 17830.40 with a gap up of just 24 points. The index moved further higher after recording its intraday low at 17774.25 in its initial trades. Prices have kept on moving higher with minor dips and consolidation in between. Those dips and consolidations are used to create fresh long positions and add to the existing ones. The index recorded its intraday high at 18084.10 and finally closed at 18014.60 near its day highs with a gain of 207,80 points or 1.17% up. All the sectoral indices have closed with a gain today except PHARMA which ended with a loss of 0.84% BANK, REALTY, METAL, and MEDIA led the bulls today by closing more than 2% higher. The last three days were a trend day on the downside while today the index recorded a trend day on the upside where prices have recorded its intraday low near the opening tick and intraday high near the closing tick. The intraday range was again wide today wider than the last trading day. In fact, the index recovered almost all the losses that came on the last Friday. Volatility is still high as the INDIA VIX is now moving around level 16. As of now, we should step aside and avoid trading the index.


The BANK NIFTY opened at 41716.35 with a gap up of just 47 points. Prices continued moving higher after recording its intraday low at 41567.45 in its initial trades. The rally continued for the whole day with minor dips in between and the index recorded its intraday high at 42846.15. Prices have finally dosed at 42647.20 with a gain of 978 points. PSU BANKS have significantly outperformed today and dosed with big gains of 7.2%. PVT BANKS have also seen a sharp intraday decline and closed with a gain of 2.44%. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. The intraday range was again wide today as the index moved within a range of 1277 points. The short-term trend is sideways now as the index closed above its first resistance around 42500. For the past four trading days, the index is recording wide-range days which may lead prices to a few choppy and narrow-range days. For the time being. We should avoid trading the index and wait for a consolidation process.


LTIM 4348.95 BUY The stock has reversed with the W pattern at the bottom. The stock can be bought at 4352 with a stop loss of 4321 and a target of 4410.
DR REDDY 4248.60 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 4230 with a stop loss of 4259 and a target of 4172.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
TCS 3280 CE BUY 16.80 CMP 10 30 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MOTHERSON.22.12Dec 71.35 6.65 5.12 71698500 CIPLA.22.12 Dec 1099.1 -2.15 2.49 7450950
TRENT.22.12 Dec 1355.75 5.34 0.79 3877300 DRREDDY.22.12 Dec 4256.8 -1.58 4.9 2185000
RECLTD.22.12 Dec 114.1 4.87 4.7 54944000 NESTLEIND.22.12 Dec 19890 -1.55 3.23 232440
BHARATFORG.2212Dec 875.5 4.03 6.86 5390000 APOLLOHOSP.22.12 Dec 4685.05 -0.62 1.93 1044625
APOLLOTYRE.22.12 Dec 320.7 3.89 2.01 11903500 HINDUNILVR.22.12 Dec 2622.65 -0.3 3.32 6460500
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PNB.22.12 Dec 53.75 7.82 -12.01 93088000 LALPATHLAB.22.12 Dec 2293.3 -2.23 -14.62 824750
IBULHSGFIN.22.12 Dec 140.1 7.27 -0.42 30696000 IPCALAB.22.12 Dec 846.5 -2.12 -0.69 1592500
DELTACORP.22.12 Dec 205.9 6.66 -4.06 11571300 LUPIN.22.12 Dec 743 -2.02 -3.33 5395800
FEDERALBNK.22.12 Dec 130.2 6.42 -4.46 57575000 DIVISLAB.22.12 Dec 3431.2 -1.97 -7.06 1780500
RBLBANK.22.12 Dec 161 6.17 -4.49 24225000 GLENMARK.22.12 Dec 425.05 -1.17 -3.38 4336650


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Atul Ltd. 7885.55 0.51 28902 0 79.5 Nifty50 18014.6 1.17 98988
Hdfc Ltd. 2665.1 1.6 1157742 0 75.34 Niftybank 42630.15 2.31 98925
Colgate Palmolive (india 1565.8 -0.11 145924 0 73.53 Nifty it 28385.7 0.53 98925
Icici Lombard General In 1238.7 1.23 665901 0 69.54 India Vix 15.93 -1.41 103446
Hdfc Life Insurance Comp 569.3 0.68 1962030 0 68.91 Nifty Fmcg 44744.05 0.97 98925
Petronet Lng Limited 209.85 0.91 599695 0 67.91 Nifty Pharma 12677.1 -0.84 98925
Sbi Life Insurance Compa 1243.3 1.53 567165 0 66.01 Nifty Realty 419.8 2.43 98925
Hindustan Unilever Ltd 2617.45 -0.14 605144 0 65.31 Nifty Auto 12415.4 1.47 98925
Infosys Limited 1502.4 0.35 4115459 0 65.21 Nifty Metal 6364.6 2.19 98925
Au Small Finance Bank Li 655.05 1.67 705455 0 64.19 Nifty Financial Services 18928.65 1.79 98925


   Domestic                                                                                                                                                  International
INR: Federal Fiscal Deficit (Nov) on 30th December, 2022

INR: Infrastructure Output (YoY) (Nov) on 30th December, 2022

 USD: Pending Home Sales (MoM) (Nov) on 28th  December, 2022

USD: ISM Manufacturing PMI (Dec) on 4th  January, 2023


  • Benchmark indices ended higher with Nifty closing around 18,000 amid buying seen across the sectors, barring pharma.At close, the Sensex was up 721.13 points or 1.20% at 60,566.42, and the Nifty was up 207.80 points or 1.17% at 18,014.60. About 2787 shares have advanced, 733 shares declined, and 129 shares are unchanged.

  • Amid uncertainty prevailing over the relaunch of grounded carrier Jet Airways, several of its senior management executives, pilots and cabin crew have departed, sources told CNBC TV-18 on December 26.

  • Radiant Cash Management Services Ltd. has launched its initial public offering between Dec. 23 and Dec. 27. The IPO had a slow start and was subscribed 0.04 times, or 4%, on day 1. The bidding was led by retail investors.

  • The number of daily air passengers at airports unexpectedly reached all-time highs in December, leading to congestion at major airports, according to Civil Aviation Minister Jyotiradtiya Scindia.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ARCFIN Right Issue of Equity Shares;Rights Issue 27-Dec-22 INVENTURE General;Rights Issue 02-Jan-23
ASAHIINDIA General 27-Dec-22 SANGHIIND General 02-Jan-23
ASHNI General 27-Dec-22 KARNAVATI Stock  Split 03-Jan-23
INDOWIND Right Issue of Equity Shares 27-Dec-22 IRB Stock  Split 04-Jan-23
KESARPE General 27-Dec-22 KCDGROUP Increase in Authorised Capital;General;Stock  Split 04-Jan-23
MODCL General 27-Dec-22 KPEL General;Stock  Split 05-Jan-23
SEPC Right Issue of Equity Shares;General 27-Dec-22 SUPREMEINF General;Quarterly Results 05-Jan-23
ALEXANDER Preferential Issue of shares 28-Dec-22 SYMBIOX Right Issue of Equity Shares;Rights Issue 05-Jan-23
FAMILYCARE Right Issue of Equity Shares 28-Dec-22 INOXGREEN General 06-Jan-23
GENPHARMA General 28-Dec-22 MIRCH Increase in Authorised Capital;Issue Of Warrants;General 07-Jan-23
GOWRALE General 28-Dec-22 HCLTECH Interim Dividend;Quarterly Results 12-Jan-23
INDOASIAF General 28-Dec-22 INFY* Quarterly Results 12-Jan-23
KRRAIL Issue Of Warrants;General;Preferential Issue of shares 28-Dec-22 WIPRO Interim Dividend;Quarterly Results 13-Jan-23
NMSRESRC General 28-Dec-22 HDFCBANK Quarterly Results 14-Jan-23
SECURCRED General 28-Dec-22 KSOLVES Quarterly Results 15-Jan-23
SSWRL General 28-Dec-22 PERSISTENT Interim Dividend;General;Quarterly Results 18-Jan-23
SURYAKR General 28-Dec-22 MPHASIS Quarterly Results 19-Jan-23
UNISTRMU General 28-Dec-22 COFORGE Interim Dividend;Quarterly Results 20-Jan-23
AMARSEC Quarterly Results 29-Dec-22 JSWSTEEL Quarterly Results 20-Jan-23
RGRL Increase in Authorised Capital;General;Preferential Issue of shares 29-Dec-22 ICICIBANK Quarterly Results 21-Jan-23
ROJL Bonus issue;Stock  Split 29-Dec-22 NRAGRINDQ Quarterly Results 23-Jan-23
FLFL General;Quarterly Results 30-Dec-22 TTKPRESTIG Quarterly Results 31-Jan-23
GGL General 30-Dec-22 UTIAMC General;Quarterly Results 01-Feb-23
VIKASWSP Audited Results 30-Dec-22 ABB A.G.M.;Audited Results;Dividend;Quarterly Results 10-Feb-23
ADITYA General 31-Dec-22 BOSCHLTD Quarterly Results 14-Feb-23
COASTCORP Right Issue of Equity Shares;General 02-Jan-23 NESTLEIND Audited Results 16-Feb-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
FILATEX 27-Dec-22 Stock  Split From Rs.2/- to Rs.1/- TIJARIA 02-Jan-23 E.G.M.
ADVAIT 28-Dec-22 Bonus issue 1:1 SHRIRAMFIN 03-Jan-23 Interim Dividend
ADVANIHOTR 29-Dec-22 Interim Dividend – Rs. – 2.0000 SPLPETRO 05-Jan-23 Stock  Split From Rs.4/- to Rs.2/-
SICAL 29-Dec-22 Resolution Plan -Suspension GLCL 06-Jan-23 Bonus issue 1:1
TIIL 29-Dec-22 Buy Back of Shares JAGRAN 06-Jan-23 Buy Back of Shares
NAYSAA 30-Dec-22 Bonus issue 15:10 OMKAR 09-Jan-23 E.G.M.
RAJPALAYAM 30-Dec-22 Right Issue of Equity Shares VIVANTA 09-Jan-23 E.G.M.
SMLT 30-Dec-22 Interim Dividend – Rs. – 1.0000 SOFTSOL 13-Jan-23 Buy Back of Shares
TIPSINDLTD 30-Dec-22 Buy Back of Shares VISHNU 13-Jan-23 Stock  Split From Rs.10/- to Rs.2/-
VISAGAR 30-Dec-22 Right Issue of Equity Shares KPIGREEN 18-Jan-23 Bonus issue 1:1

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