The NIFTY opened at 1962120 with a gap up of 76 points. The index initially moved down but soon found support and started moving sideways which later broke on the upside. Watch Micro Picture Prices have recorded an intraday low of 19589.40 and saw a sharp upside move. Another down move came just before the afternoon but prices again found support and bounced up. Another rally came which lasted almost till the end and prices have recorded its intraday high at 19675.75. The NIFTY finally closed at 19653.50 with a gain of 107.75 points or 0.55% up. All the sectoral indices have closed with gains except MEDIA which ended with marginal loss. The REALTY outperformed and ended with a gain of over 3% followed by FINANCIAL. PHARMA, and IT. The short-term trend is down but the bias is more sideways. Support is visible around 19250 while resistance is visible around 19700.


The BANK NIFTY opened at 44395.40 with a big gap up of 187 points. The index initially moved lower and then started moving sideways which later broke on the upside. Prices recorded its intraday low at 44242.95 and a sharp rally came which took the index to its intraday high at 44500.70. Prices then saw a dip and then a consolidation which lasted till the end. The index finally closed at 44368.05 with a gain of 160 points. PVT BANK outperformed, saw a mild upside move, and ended with a gain of 0.51%. PSU BANK has also moved up but ended with a gain of just 0.27%. Within the index, in terms of points, INDUSIND BANK contributed the highest on the upside while HDFC BANK contributed the least. The short-term trend is down which was sideways before. The support is visible around 44000 while the resistance is visible around 45000.


ITC 442.15 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 442.55 with a stop loss of 437.35 and a target of 455.10.
SRF 2245.55 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 2238.40 with a stop loss of 2281.35 and a target of 2138.95.


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
BAJAJFINSV.23.10 Oct 1638.35 5.76 11.32 11116000 IDEA.23.10 Oct 11 -3.08 0.98 1478000000
L&TFH.23.10 Oct 138.2 4.9 10.38 74515400 DALBHARAT.23.10 Oct 2232.8 -1.62 12.09 1821500
GODREJPROP.23.10 Oct 1683.45 4.78 2.2 4013275 ESCORTS.23.10 Oct 3209.65 -1.25 0.37 1937100
BAJFINANCE.23.10 Oct 8177.85 3.77 6.23 4199125 MARICO.23.10 Oct 539.85 -0.93 3.19 13173600
GMRINFRA.23.10 Oct 61.9 3.6 1.2 133155000 HAVELLS.23.10 Oct 1405.7 -0.79 0.8 5792500
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MCX.23.10 Oct 2043.45 4.32 -0.92 2899200 INDUSTOWER.23.10 Oct 181.3 -1.44 -0.67 85489600
DLF.23.10 Oct 549.85 4.21 -0.56 33876150 DABUR.23.10 Oct 548.7 -0.87 -0.05 16288750
HDFCAMC.23.10 Oct 2727.65 2.89 -2.56 4338900 GODREJCP.23.10 Oct 976.5 -0.51 -1.14 9826000
METROPOLIS.23.10 Oct 1475.3 2.78 -4.98 1564800 PNB.23.10 Oct 76.95 -0.45 -4.23 274544000
GRANULES.23.10 Oct 363.1 2.38 -3.16 10534000 LICHSGFIN.23.10 Oct 470.65 -0.43 -0.92 23486000

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Bharti Airtel Limited 926.05 -0.3 2420855 5359338 75.88 Nifty50 19653.5 0.55 30947038
Torrent Pharma Ltd. 1894.05 2.35 408253 387205 74.81 Niftybank 44360.6 0.33 13695510
Hdfc Bank Ltd. 1534.05 -0.11 8879678 17451398 71.95 Nifty it 32341.7 0.67 728754
Britannia Ind Ltd. 4538.45 0.1 238131 209618 69.41 India Vix 10.3 -5.85 572636406
Shriram Finance Limited 1848.85 0.62 1262390 1023760 69.2 Nifty Fmcg 51577.9 0.38 282478
Godrej Cons Products Ltd 971.65 -0.51 1049194 914767 68.81 Nifty Pharma 15128.45 0.71 40204039
Ntpc Limited 235.55 0.73 8825123 15381112 68.44 Nifty Realty 587.5 3.08 1041513723
Hdfc Life Insurance Comp 630.9 1.05 3713370 2769894 68.39 Nifty Auto 15990.65 0.47 37981264
Bajaj Auto Limited 5014.6 0.07 279352 448757 68.21 Nifty Metal 6744.4 0.53 89982483
Cholamandalam Investment 1219.55 1.69 2503438 2020706 67.93 Nifty Financial Services 19818.2 0.71 4268278

Upcoming Economic Data

   Domestic                                                                                                                                                  International
INR: CPI (YoY) (Sep) on 12th October, 2023

INR: Cumulative Industrial Production (Aug) on 12th October, 2023

USD: PPI (MoM) (Sep) on 11th October, 2023

USD: FOMC Meeting Minutes on 11th October, 2023

News Updates

  • Benchmark indices ended higher for the second consecutive session on October 6 with Nifty around 19,650. At close, the Sensex was up 364.06 points or 0.55 percent at 65,995.63, and the Nifty was up 107.70 points or 0.55 percent at 19,653.50. About 2229 shares advanced, 1291 shares declined, and 156 shares unchanged.

  • Tata Consultancy Services will consider buyback of equity shares. TCS board will meet on October 11, 2023 to consider the decision, the company said in a statement. Ahead of the buyback announcement, TCS shares ended nearly 1 percent higher at Rs 3,621.25 on NSE.

  • JSW Group is actively pursuing a stake acquisition in MG Motor India with an aim to launch an electric car specifically tailored for the Indian market. MG Motor India is a wholly-owned subsidiary of the Shanghai-based SAIC Motor. An official announcement regarding this deal is likely to be made by Diwali, sources familiar with the matter told CNBC-TV18.

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

Board Meetings

Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AVANTEL Bonus issue;Quarterly Results 09-Oct-23 NATIONSTD Quarterly Results 11-Oct-23
BETALA Quarterly Results 09-Oct-23 PLASTIBLEN Quarterly Results 11-Oct-23
BIZOTIC General 09-Oct-23 RSYSTEMINT Employees Stock Option Plan;General 11-Oct-23
CITL General 09-Oct-23 SAMHI Quarterly Results 11-Oct-23
DBOL Quarterly Results 09-Oct-23 SEL Quarterly Results 11-Oct-23
EVERTEX Quarterly Results 09-Oct-23 SIGNATURE Quarterly Results 11-Oct-23
GLS Interim Dividend 09-Oct-23 TCS Interim Dividend;Audited Results;Quarterly Results 11-Oct-23
HINFLUR General 09-Oct-23 UNTTEMI General 11-Oct-23
KPIGREEN Interim Dividend;Quarterly Results 09-Oct-23 ZAGGLE Quarterly Results 11-Oct-23
SIGACHI General 09-Oct-23 AJWAFUN General 12-Oct-23
VASUDHAGAM General 09-Oct-23 ANANDRATHI Interim Dividend;Quarterly Results 12-Oct-23
GMBREW Quarterly Results 10-Oct-23 ANGELONE Interim Dividend;Quarterly Results 12-Oct-23
NAGPI A.G.M. 10-Oct-23 AYOME General 12-Oct-23
RISHDIGA General 10-Oct-23 EMERALD Quarterly Results 12-Oct-23
SDBL General 10-Oct-23 FACORALL Quarterly Results 12-Oct-23
SPECFOOD Right Issue of Equity Shares;Increase in Authorised Capital 10-Oct-23 HCLTECH Interim Dividend;Quarterly Results 12-Oct-23
STEELXIND General 10-Oct-23 HDFCAMC Quarterly Results 12-Oct-23
BANKBARODA General 11-Oct-23 INDXTRA Quarterly Results 12-Oct-23
DELTACORP Quarterly Results 11-Oct-23 INFY Interim Dividend;Audited Results 12-Oct-23
DPL Right Issue of Equity Shares;Half Yearly Results 11-Oct-23 ITHL Quarterly Results 12-Oct-23
JONJUA General 11-Oct-23 JTLIND Quarterly Results 12-Oct-23
JRELTD General;Quarterly Results 11-Oct-23 KESORAMIND Quarterly Results 12-Oct-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
SIGACHI 09-Oct-23 Stock  Split From Rs.10/- to Rs.1/- KPIGREEN 20-Oct-23 Interim Dividend
GUJTHEM 10-Oct-23 Stock  Split From Rs.5/- to Rs.1/- TCIEXP 26-Oct-23 Interim Dividend
JONJUA 10-Oct-23 Bonus issue 9:50 BCLIL 27-Oct-23 Stock  Split From Rs.10/- to Rs.1/-
THEMISMED 10-Oct-23 Stock  Split From Rs.10/- to Rs.1/- ICICIGI 27-Oct-23 Interim Dividend
JYOTISTRUC 11-Oct-23 E.G.M. ISEC 27-Oct-23 Interim Dividend
REFNOL 11-Oct-23 Amalgamation LTIM 27-Oct-23 Interim Dividend
ADVLIFE 13-Oct-23 Bonus issue 1:1 SVRL 27-Oct-23 Bonus issue 1:1
INFRATRUST 13-Oct-23 Income Distribution (InvIT) TALBROAUTO 27-Oct-23 Stock  Split From Rs.10/- to Rs.2/-
RMC 13-Oct-23 Bonus issue 1:2 NESTLEIND 01-Nov-23 Interim Dividend
CASPIAN 17-Oct-23 Final Dividend – Rs. – 0.0500 HINDUNILVR 02-Nov-23 Interim Dividend
GLS 17-Oct-23 Interim Dividend ASIANPAINT 03-Nov-23 Interim Dividend
BCONCEPTS 19-Oct-23 Final Dividend – Rs. – 0.5000 INSECTICID 10-Nov-23 Interim Dividend
TCS 19-Oct-23 Interim Dividend PGHL 13-Nov-23 Final Dividend – Rs. – 50.0000
ANGELONE 20-Oct-23 Interim Dividend PGHH 17-Nov-23 Final Dividend – Rs. – 105.0000
HCLTECH 20-Oct-23 Interim Dividend GILLETTE 21-Nov-23 Final Dividend – Rs. – 50.0000

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