The Nifty opened at 15692.10 with a gap up of 57 points. The index recorded its intraday low at 15648.50 within the first 15 minutes of trading and then started an upside move. Prices have rallied more than 100 points for the whole day and also seen some minor dips in between. The index finally closed at 15737.75 near its intraday highs. The Media and Realty sectors outshone and closed higher by 4.64% and 3.34% respectively. All the sectoral indices have closed with gains except Auto. The Nifty has moved up after two days of decline and ended with gains.
We had seen a breakdown from a narrow trading range of 15600-15800 daybefore. Yesterday the index opened and remained inside this range. We should wait for the index to break out from this range again.
The range is very narrow and it should resolve one way or another.
Bank Nifty opened at 34903.60 with a gap up of 95 points. The index first moved down recorded its intraday low at 347343.40 within the first 15 minutes of trading and then takes a U Turn. PSU Banks have performed better and closed with a gain of almost 2% while Private Banks closed with a gain of almost 1%. Within the index, SBIN contributed highest while AU Bank the lowest.
It was a trend day on the upside. The index is back inside its range of 34900-35800.
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|BAJAJFINSV||11993.10||BUY||The stock has given a breakout from a narrow trading range. The stock can be bought at CMP with a stop at 11860 and for the target 12200|
|GODREJPROP||1438.95||BUY||The stock has given a breakout from a narrow trading range. The stock can be bought at CMP with a stop at 1425 and for the target 1465|
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|STOCK OPTION||Strike Price||Buy/Sell||CMP||Initiation||Stop Loss||Target||Remarks|
|LICHSGFIN||530 CE||BUY||22||CMP||18||29||OI increase|
|Long Buildup||Short Buildup|
|Stocks||Price||Price%||OI %||OI||Stocks||Price||Price%||OI %||OI|
|IBULHSGFIN.21.06 Jun||280.4||6.41||38.12||35312100||EXIDEIND.21.06 Jun||193.1||-0.85||20.21||14130000|
|BATAINDIA.21.06 Jun||1640.95||5.08||37.39||1378300||NMDC.21.06 Jun||180.25||-0.08||19.98||83676300|
|MPHASIS.21.06 Jun||1974.65||3.38||25.37||467350||POWERGRID.21.06 Jun||241.7||-0.43||16.29||20932000|
|PFIZER.21.06 Jun||5557||2.73||16.43||369375||AUBANK.21.06 Jun||995.5||-0.21||10.64||2490500|
|LALPATHLAB.21.06 Jun||3199.9||7.05||16.25||474000||HAVELLS.21.06 Jun||1025.85||-0.1||9.45||4423500|
|Short Covering||Long Unwinding|
|Stocks||Price||Price%||OI%||OI||Stocks||Price||Price %||OI %||OI|
|FINNIFTYW.21.06 Jun||16671.25||1.01||-94.81||560||INDIGO.21.06 Jun||1797.9||-0.07||-1.3||3293500|
|MFSL.21.06 Jun||1033||2.97||-8.81||2603250||ONGC.21.06 Jun||124.35||-0.16||-0.16||67082400|
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TOP DELIVERY PERCENTAGE
|Stocks||Price||%Chg||Total Qty||Delivery||Del %||% Change|
|Icici Lombard General In||1501.65||1.88||717238||604300||69.74||Nifty Media||1900.1||4.64||93093|
|Infosys Limited||1424.3||0.64||3496575||3283589||60.87||Nifty Realty||361.6||3.34||93093|
|Itc Ltd.||209.3||-1.51||30719587||15123894||60.77||Nifty Pharma||14313.9||1.38||93093|
|Colgate Palmolive (india||1703.65||0.2||476038||199976||59.13||Nifty Metal||5265.2||1.07||93093|
|Tata Consultancy Serv Lt||3216.8||0.52||1874324||996569||58.25||Nifty Bank||35131.2||0.95||93093|
|Britannia Ind Ltd.||3576.3||0.04||355092||306263||56.07||Nifty it||27798||0.94||93093|
|Hdfc Asset Management Co||3077.75||1.59||382533||117609||55.37||Nifty 50||15737.75||0.65||93093|
|Hindustan Unilever Ltd||2378.8||0.97||1944339||587650||54.77||Nifty Fmcg||35731.3||0.4||93093|
|Tata Consumer Products l||707.7||0.69||2571253||1632068||53.69||Nifty Energy||20712.8||0.21||93093|
|Hdfc Ltd.||2561.9||0.67||2116122||1490414||53.52||Nifty Auto||10722.7||-0.11||93093|
UPCOMING ECONOMIC DATA
|INR: Industrial Production YoY APR on 11th June, 2021
INR: Foreign Exchange Reserves on 11th June, 2021
|•USD : Core Retail Sales (MoM) (May) on15th June, 2021
•USD PPI (MoM) (May) on 15th June, 2021
|•Yes Bank on Thursday received board approval for raising up to Rs 10,000 crore by issuing debt securities. The board of directors in its meeting held on June 10, 2021, considered and approved seeking shareholders’ approval for borrowing funds in Indian/foreign currency up to Rs 10,000 crore by issuing debt securities, Yes Bank said in a regulatory filing.
•The Reserve Bank of India (RBI) on Thursday allowed an increase in the interchange fee structure for ATM transactions after almost 9 years, considering the increasing cost of Automated Teller Machines (ATM) deployment and expenses towards ATM maintenance incurred by the banks and white label ATM operators. Accordingly, the RBI has hiked the interchange fee per transaction from Rs 15 to Rs 17 for financial transactions and from Rs 5 to Rs 6 for non-financial transactions in all centres, effective August 1, 2021.
•Tata Motors rolled out the 2,00,000th Nexon from its Ranjangaon facility in Pune. Since the 150K roll-out in November 2020, the last 50K units have been recorded in less than 6 months. Tata Motors has claimed that the Nexon is among the top three highest selling compact SUVs, in India. Nexon earned a 5-star safety rating by Global NCAP which is an international automotive safety accreditation body.
•With decline in number of fresh COVID-19 cases and easing of restrictions, the country’s gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Icra Ratings. It expects the gross value added (GVA) at basic prices (at constant 2011-12 prices) to grow at 7.3 per cent in FY2022.
Source: Economic Times, Indian Express ,Business Today, Livemint, Business Standard, Bloomberg Quint
|Company Name||Purpose||Ex-Date||Company Name||Purpose||Ex-Date|
|AXISCADES||Audited Results||11-Jun-21||RADHEDE||Audited Results||11-Jun-21|
|BEML||Audited Results;Final Dividend||11-Jun-21||SAB||Quarterly Results;Audited Results||11-Jun-21|
|BHARATGEAR||Audited Results||11-Jun-21||SDL||A.G.M.;Final Dividend;Audited Results||11-Jun-21|
|BHEL||Audited Results||11-Jun-21||SHINDL||Audited Results||11-Jun-21|
|CGPOWER||Audited Results||11-Jun-21||SHRENTI||Quarterly Results;Audited Results||11-Jun-21|
|COCHINSHIP||Audited Results;Final Dividend||11-Jun-21||STLSTRINF||Quarterly Results;Audited Results||11-Jun-21|
|DLF||Audited Results||11-Jun-21||STRATMONT||Audited Results||11-Jun-21|
|EDELWEISS||Final Dividend;Audited Results||11-Jun-21||STRIPMT||Quarterly Results;Audited Results||11-Jun-21|
|HERANBA||Final Dividend;Quarterly Results||11-Jun-21||STURDY||Audited Results||11-Jun-21|
|LIKHITHA||Audited Results;Dividend||11-Jun-21||SUNTV||Quarterly Results;Audited Results||11-Jun-21|
|LUMAXIND||Audited Results;Final Dividend||11-Jun-21||TAALENT||Audited Results||11-Jun-21|
|ORIENTREF||Scheme of Arrangement||11-Jun-21||VISHAL||General;Audited Results||11-Jun-21|
|PARSOLI||Audited Results||11-Jun-21||WIMPLAST||Final Dividend;Quarterly Results||11-Jun-21|
|PATELENG||Quarterly Results;Audited Results||11-Jun-21||ZPARICIN||Audited Results||11-Jun-21|
|PRESSURS||Audited Results||11-Jun-21||ZSOUTGAS||Audited Results||11-Jun-21|
|Company Name||Ex-Date||Purpose||Company Name||Ex-Date||Purpose|
|BAJAJCON||11-Jun-21||Final Dividend – Rs. – 4.00||TATACHEM||14-Jun-21||Final Dividend – Rs. – 10.00|
|BRPL||11-Jun-21||Final Dividend – Rs. – 1.00||KRANTI||15-Jun-21||Bonus issue 1:5|
|FOSECOIND||11-Jun-21||Final Dividend – Rs. – 10.00||ICICIPRULI||16-Jun-21||Final Dividend – Rs. – 2.00|
|RELIANCE||11-Jun-21||Final Dividend – Rs. – 7.00||LINDEINDIA||16-Jun-21||Final Dividend – Rs. – 3.00|
|HINDUNILVR||14-Jun-21||Final Dividend – Rs. – 17.00||SRTRANSFIN||16-Jun-21||Final Dividend – Rs. – 6.00|
|INDHOTEL||14-Jun-21||Final Dividend – Rs. – 0.40||TATAINVEST||16-Jun-21||Dividend – Rs. – 24.00|
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