The NIFTY opened at 19802.95 with a gap up of 53 points. The index continued its upside momentum and started moving higher but soon found resistance around 19850.Prices formed a range there which broke on the downside quickly. A sharp decline came which brought prices to negative territory. However, the index could not sustain there long and moved higher. A rally started which lasted till the end. Prices have recorded its intraday low at 19727.45, its intraday high at 19851.50, and finally closed at 19833.15 with a gain of 83.90 points or 0.42% up. All the sectoral indices have closed higher except IT which ended with a minor loss. MEDIA led the bulls today by ending more than 1% followed by OIL GAS, BANK, FINANCIAL, and PHARMA. For the last few days, the index is moving very narrowly and volatile. However, prices are keeping their pace and closing higher. The Intermediate trend is up while the intermediate momentum has been moving inside the strength zone for the past few days. Both the momentum and trend have aligned on the upside suggesting higher levels may be ahead.


The BANK NIFTY opened at 45622.50 with a gap up of 210 points. The index could not sustain at the higher levels and moved down. Soon the decline found support and then prices started a process of consolidation. Prices found repeated resistance around 45650 and kept on moving sideways till the end. The index recorded its intraday high at 45707.40, its intraday low at 45433, and finally closed at 45668.20 with a gain of 256 points. PSU BANK has outperformed today, saw a sharp intraday rally, and closed with a gain of 1.95%. PVT BANK has also moved up today and closed with a gain of 0.39%. Within the index, in terms of points, INDUSIND BANK contributed the highest on the upside while ICICI BANK contributed the lowest. Support is now visible around 45000 while resistance is visible around 45900 – 46000 zone.


IDFC FIRST BANK 81.80 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 82 with a stop loss of 81.30 and a target of 83.75.
COFORGE 4875.95 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be

sold below 4858.05 with a stop loss of 4886.05 and a target of 4801.75.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
POLYCAB.23.07 Jul 4307.65 4.66 27.83 2312400 ICICIPRULI.23.07 Jul 560.45 -2.81 8.28 11124000
INDHOTEL.23.07 Jul 403.2 3.92 0.28 18784000 COFORGE.23.07 Jul 4871.25 -1.41 22.17 784500
PNB.23.07 Jul 64.25 3.88 1.38 269744000 BHARATFORG.23.07 Jul 859 -1.34 1.09 7429000
ASTRAL.23.07 Jul 1916 3.76 4.31 2080523 TATAPOWER.23.07 Jul 219.6 -0.9 8.63 89289000
CANFINHOME.23.07 Jul 825.7 3.52 22.09 2603250 TCS.23.07 Jul 3473.25 -0.81 1.85 11284175
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PVR INOX LIMITED.23.07 J 1451.75 3.25 -2.37 3786321 RBLBANK.23.07 Jul 213.9 -2.08 -1.87 45185000
LTTS.23.07 Jul 4157 2.58 -19.67 1001200 MANAPPURAM.23.07 Jul 125.9 -1.56 -0.37 62640000
BAJAJFINSV.23.07 Jul 1654.6 2.26 -0.47 6815500 SYNGENE.23.07 Jul 773.1 -1.35 -2.6 2620000
CHOLAFIN.23.07 Jul 1171.4 2.19 -1.36 11363750 DELTACORP.23.07 Jul 188.65 -1.28 -1.42 15352400
CROMPTON.23.07 Jul 295.2 1.92 -1.75 14266800 MFSL.23.07 Jul 822.05 -1.11 -1.19 5256000

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Syngene 769.8 -1.43 437745 302515 74.63 Nifty50 19833.15 0.42 120180
Upl Limited 639.15 -0.13 2990583 2249567 73.78 Niftybank 45669.3 0.57 120105
Container Corp Of India 685.9 0.71 832127 485046 72.89 Nifty it 31353.55 -0.06 120105
Voltas Ltd. 777.85 1.58 5316153 2640245 72.22 India Vix 11.6 -0.94 122481
Power Grid Corporation o 243.25 0.87 17216156 8031789 71.68 Nifty Fmcg 53517.3 0.33 120105
Ultratech Cement Limited 8329.2 1.87 150429 199635 71.16 Nifty Pharma 14092.6 0.54 120105
Hindustan Unilever Ltd 2671.6 -0.42 1166542 854327 70.26 Nifty Realty 536.15 0.21 120105
Bharti Airtel Limited 870.75 -0.54 6641825 3262427 68.95 Nifty Auto 15513.15 0 120105
Sun Pharma  Ltd 1081.85 1.38 2311282 1542965 68.92 Nifty Metal 6474.55 0.43 120105
Crompton Greaves Consume 293.45 1.43 4716085 1593829 64.85 Nifty Financial Services 20377.3 0.57 120105


   Domestic                                                                                                                                                  International
INR: FX Reserves, USD on 21st July, 2023

INR: Infrastructure Output (YoY) (Jun) on 31st July, 2023

USD: Philadelphia Fed Manufacturing Index (Jul) on 20th July, 2023

USD: Initial Jobless Claims on 20th July, 2023


  • Indian benchmark indices continued the winning run for the fifth consecutive session on July 19, amid buying across sectors. At close, the Sensex was up 302.30 points or 0.45 percent at 67,097.44, and the Nifty was up 83.90 points or 0.42 percent at 19,833.20.

  • IndusInd Bank is looking at partnering with real estate developers and companies to ramp up its home loan portfolio, managing director and chief executive officer (MD & CEO) Sumant Kathpalia told Moneycontrol after announcing the bank’s Q1FY24 results in Mumbai on July 18.

  • Shriram Group has decided to exit Shriram Properties, said two people aware of the development. It will sell its stake to M Murali, the chief executive officer of the property company, they said.

  • Jaguar Land Rover-owner Tata Group on July 19 announced its ambitious plan to invest £4 billion in an electric car battery factory in the UK. This landmark project marks one of the most significant investments in the country’s automotive industry to date.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
360ONE Quarterly Results;Interim Dividend 20-Jul-23 ISEC Quarterly Results 20-Jul-23
ADORMUL General 20-Jul-23 JAIMATAG Quarterly Results;General 20-Jul-23
ANMOL Bonus issue;General 20-Jul-23 JLL General 20-Jul-23
ASSOCER General;A.G.M. 20-Jul-23 KIRLPNU Quarterly Results 20-Jul-23
COFORGE Quarterly Results;Interim Dividend 20-Jul-23 LESHAIND Increase in Authorised Capital;General;A.G.M. 20-Jul-23
CSBBANK Quarterly Results 20-Jul-23 MIC Quarterly Results;General 20-Jul-23
DALBHARAT Quarterly Results 20-Jul-23 MPHASIS Audited Results 20-Jul-23
DBCORP Quarterly Results;Interim Dividend 20-Jul-23 NELCO Quarterly Results 20-Jul-23
ECORECO Quarterly Results 20-Jul-23 ORIENTHOT Quarterly Results 20-Jul-23
EFCIL Amalgamation;General 20-Jul-23 PERSISTENT Quarterly Results 20-Jul-23
GATECH Quarterly Results 20-Jul-23 QUEST General 20-Jul-23
GATECHDVR Quarterly Results 20-Jul-23 QUICKHEAL Quarterly Results 20-Jul-23
GGENG Quarterly Results;General 20-Jul-23 RAJNISH Quarterly Results;General 20-Jul-23
GLFL Quarterly Results 20-Jul-23 RIIL Quarterly Results 20-Jul-23
GOACARBON Quarterly Results 20-Jul-23 SATIN General 20-Jul-23
HAVELLS Quarterly Results 20-Jul-23 SHALBY Quarterly Results;General 20-Jul-23
HINDUNILVR Quarterly Results 20-Jul-23 SOUTHBANK Quarterly Results 20-Jul-23
HMT Audited Results;Quarterly Results 20-Jul-23 SWASTIKA Quarterly Results 20-Jul-23
INDIAMART Audited Results;Buy Back of Shares 20-Jul-23 TANLA Quarterly Results 20-Jul-23
INDUSINDBK General;A.G.M. 20-Jul-23 THEBYKE Quarterly Results;A.G.M. 20-Jul-23
INDXTRA Quarterly Results 20-Jul-23 TOKYOFIN Quarterly Results 20-Jul-23
INFY Quarterly Results 20-Jul-23 TOKYOPLAST Quarterly Results 20-Jul-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ACKNIT 20-Jul-23 Final Dividend – Rs. – 1.5000 ACI 21-Jul-23 Final Dividend – Rs. – 2.5000
COCKERILL 20-Jul-23 Final Dividend – Rs. – 5.0000 ANGELONE 21-Jul-23 Interim Dividend – Rs. – 9.2500
DUNCANENG 20-Jul-23 Final Dividend – Rs. – 1.0000 ANUP 21-Jul-23 Final Dividend – Rs. – 15.0000
FORTIS 20-Jul-23 Final Dividend – Rs. – 1.0000 ARVIND 21-Jul-23 Special Dividend – Rs. – 2.0000
GPTINFRA 20-Jul-23 Final Dividend – Rs. – 1.5000 ARVIND 21-Jul-23 Final Dividend – Rs. – 3.7500
GRAPHITE 20-Jul-23 Dividend – Rs. – 8.5000 ARVSMART 21-Jul-23 Final Dividend – Rs. – 1.6500
HCLTECH 20-Jul-23 Interim Dividend – Rs. – 10.0000 ARVSMART 21-Jul-23 Special Dividend – Rs. – 1.6500
KANCOTEA 20-Jul-23 Dividend – Rs. – 1.0000 ASTEC 21-Jul-23 Final Dividend – Rs. – 1.5000
LLFICL 20-Jul-23 Bonus issue 1:1 BASF 21-Jul-23 Final Dividend – Rs. – 8.0000
MRF 20-Jul-23 Final Dividend – Rs. – 169.0000 BLUESTARCO 21-Jul-23 Final Dividend – Rs. – 6.0000
NATCAPSUQ 20-Jul-23 Final Dividend – Rs. – 1.0000 BOMBCYC 21-Jul-23 Final Dividend – Rs. – 5.0000
NOVARTIND 20-Jul-23 Final Dividend – Rs. – 10.0000 CIPLA 21-Jul-23 Final Dividend – Rs. – 8.5000
NOVARTIND 20-Jul-23 Special Dividend – Rs. – 37.5000 DABUR 21-Jul-23 Final Dividend – Rs. – 2.7000
ORIENTCQ 20-Jul-23 Final Dividend – Rs. – 7.0000 DHANUKA 21-Jul-23 Final Dividend – Rs. – 2.0000
RELIANCE 20-Jul-23 Spin Off FIEMIND 21-Jul-23 Final Dividend – Rs. – 30.0000
RITHWIKFMS 20-Jul-23 E.G.M. GCSL 21-Jul-23 Final Dividend – Rs. – 0.5000
ROSSELLIND 20-Jul-23 Dividend – Rs. – 0.4000 GOLDIAM 21-Jul-23 Buy Back of Shares
SFPIL 20-Jul-23 Stock  Split From Rs.10/- to Rs.5/- HIL 21-Jul-23 Final Dividend – Rs. – 25.0000
TCS 20-Jul-23 Interim Dividend – Rs. – 9.0000 IMFA 21-Jul-23 Final Dividend – Rs. – 5.0000
WEIZMANIND 20-Jul-23 Final Dividend – Rs. – 0.5000 IMPAL 21-Jul-23 Dividend – Rs. – 15.0000
ABBOTINDIA 21-Jul-23 Final Dividend – Rs. – 180.0000 INDIANHUME 21-Jul-23 Final Dividend – Rs. – 1.0000
ABBOTINDIA 21-Jul-23 Special Dividend – Rs. – 145.0000 INFOBEAN 21-Jul-23 Final Dividend – Rs. – 1.0000

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