The NIFTY opened at 19666.35 with a gap up of just 20 points. The index initially moved down for the first 5 minus of trading but found support quickly and turned up. Prices have recorded its intraday low at 19597.60 and started moving higher. The index has seen a mild up move for the whole day and crossed above19700 very comfortably. The index rallied further up and recorded its intraday high at 19772.75. Prices have finally closed at 19753.80 near its day’s highs with a gain of 107.75 points or 0.55% up. All the sectoral indices have closed higher today except FMCG which ended lower by 0.62 %. METAL, IT, AUTO, and OIL GAS outperformed and gained over 1%. The short-term trend is sideways now but the bias is bullish. We should look for a buying opportunity.


The BANK NIFTY opened at 45546.35 with a gap up of 86 points. The index initially moved lower, filled the gap, and then bounced up quickly after recording its intraday low at 45359.75. Prices then saw a mild up move throughout the day, recorded its intraday high at 45694.90, and then started a consolidation process. Prices finally closed at 45629.70 with a gain of 169 points. PSU and PVT BANK both indices have performed almost the same today, saw a mild up move, and closed with a gain of 0.32% & 0.42% respectively. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. The short-term trend is sideways now. We have been tracking support around 45000 while resistance is around 46300. The support is now shifting upward around 45300


BANDHAN BANK 223.40 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 224.60 with a stop loss of 222.70 and a target of 229.30.
APOLLO HOSPITAL 5173.45 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 5157.55 with a stop loss of 5207.00 and a target of 5055.00.


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
PAGEIND.23.08 Aug 38150.25 1.37 19.93 192885 PEL.23.08 Aug 1005.2 -6.91 11.58 11747250
DELTACORP.23.08 Aug 202.25 1.89 18.92 9186800 APOLLOHOSP.23.08 Aug 5212.4 -3.16 2.89 2021875
FINNIFTY.23.08 Aug 20451.6 0.25 15.67 67040 RBLBANK.23.08 Aug 228.65 -2.83 4.8 37520000
HINDCOPPER.23.08 Aug 142.35 10.18 15.06 31179900 M&MFIN.23.08 Aug 292.4 -2.32 18.52 38732000
ASTRAL.23.08 Aug 1985.3 3.12 12.74 2361645 AUROPHARMA.23.08Aug 829.75 -1.73 0.25 13218700
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
COROMANDEL.23.08 Aug 1039.8 5.22 -2.53 2213400 SYNGENE.23.08 Aug 801.4 -3.55 -12.5 3123000
IBULHSGFIN.23.08 Aug 143.5 4.78 -8.53 59318100 BRITANNIA.23.08 Aug 4812.35 -2.42 -0.2 1626600
LAURUSLABS.23.08 Aug 355.3 4.16 -9.68 11179200 MARICO.23.08 Aug 564 -2.37 -3.4 7528800
NMDC.23.08 Aug 118 4.15 -1 81396000 UBL.23.08 Aug 1545.8 -1.93 -0.73 2188400
IDFCFIRSTB.23.08 Aug 87.75 4.15 -0.19 160185000 COLPAL.23.08 Aug 2032.1 -1.52 -5.55 2710750

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Godrej Cons Products Ltd 1035.95 0 773878 1199568 80.99 Nifty50 19753.8 0.55 37855790
Muthootfin 1350.4 1.53 444481 587147 79.65 Niftybank 45651.1 0.4 16371936
Page Industries Limited 37805.05 1.32 79018 17915 76.96 Nifty it 29928.45 1.49 1149428
Petronet Lng Limited 233.55 1.9 3558719 5300209 75.37 India Vix 10.41 2.66 709083810
Tata Consultancy Serv Lt 3421.45 1.97 2743678 1887794 72.61 Nifty Fmcg 52636.85 -0.62 447915
Hindustan Unilever Ltd 2560.8 -0.92 2003252 673692 69.71 Nifty Pharma 14992.15 0.2 49861976
Dabur India Ltd. 575.6 -1.05 1156926 1247102 68.8 Nifty Realty 566.75 0.68 1318766973
Mah & Mah Ltd. 1475.2 0.5 2460789 3195611 67.79 Nifty Auto 15708.05 1.1 47643024
Coalindia 229.25 0.95 19422170 5932189 67.28 Nifty Metal 6758.2 1.77 110984879
Hcl Technologies Ltd. 1116.7 1.19 2526624 1356974 66.78 Nifty Financial Services 20342.05 0.22 4621887

Upcoming Economic Data

   Domestic                                                                                                                                                  International
INR: Nikkei S&P Global Manufacturing PMI (Jul) on 1st August, 2023

INR: Nikkei Services PMI (Jul) on 3rd August, 2023

USD: JOLTs Job Openings (Jun) on 1st August, 2023

USD: ISM Manufacturing PMI (Jul) on 1st August, 2023

News Updates

  • Benchmark indices ended on a positive note on July 31 with Nifty around 19,750. At close, the Sensex was up 367.47 points or 0.56% at 66,527.67, and the Nifty was up 107.80 points or 0.55% at 19,753.80. About 2163 shares advanced, 1414 shares declined, and 187 shares unchanged.

  • GAIL (India) on July 31 reported a decline of 45 percent in consolidated net profit in the first quarter of financial year 2023-24. The consolidated net profit of the country’s largest gas distributor stood at Rs 1,793 crore in the reporting quarter, compared to Rs 3,251 crore in the same period last year.

  • Agrochemical company UPL Ltd posted a net profit of Rs 166 crore for the April-June quarter, sharply down 81.1 percent from Rs 877 crore at the same period in the previous fiscal. The net profit also lagged the Street’s expectation of Rs 262 crore.

  • Adani Green Energy on July 31 reported a consolidated net profit of Rs 323 crore for the quarter ended June 2023, up 50.93 percent from Rs 214 crore last year. The company’s total revenue stood at Rs 2,404 crore, up 41.32 percent from Rs 1,701 crore reported last year.

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

Board Meetings

Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ABHIJIT Quarterly Results 01-Aug-23 KIRLOSBROS Quarterly Results 01-Aug-23
ADMANUM Quarterly Results 01-Aug-23 KPRMILL Quarterly Results 01-Aug-23
ANANTRAJ General;Quarterly Results 01-Aug-23 MACIND Quarterly Results 01-Aug-23
ANURAS Quarterly Results 01-Aug-23 MAHSEAMLES Quarterly Results 01-Aug-23
APTUS Quarterly Results 01-Aug-23 METROBRAND Quarterly Results 01-Aug-23
ASAL Audited Results;General;Quarterly Results 01-Aug-23 MIRCH General;Quarterly Results 01-Aug-23
ATGL Quarterly Results 01-Aug-23 MPSLTD Quarterly Results 01-Aug-23
BCCFUBA Quarterly Results 01-Aug-23 NETLINK Quarterly Results 01-Aug-23
BIKAJI Quarterly Results 01-Aug-23 NIKSTECH General 01-Aug-23
BLISSGVS General;Quarterly Results 01-Aug-23 ORIENTCEM Quarterly Results 01-Aug-23
CHOLAFIN General;Quarterly Results 01-Aug-23 PAUSHAKLTD General;Quarterly Results 01-Aug-23
DALMIASUG Quarterly Results 01-Aug-23 PVRINOX Quarterly Results 01-Aug-23
DEEPIND A.G.M.;Quarterly Results 01-Aug-23 REDINGTON Quarterly Results 01-Aug-23
ELANTAS Quarterly Results 01-Aug-23 RICHUNV Quarterly Results 01-Aug-23
ESCORTS Quarterly Results 01-Aug-23 RISHILASE Quarterly Results 01-Aug-23
GENSOL General;Preferential Issue of shares 01-Aug-23 SANSERA Quarterly Results 01-Aug-23
GMDCLTD Quarterly Results 01-Aug-23 SHRAJOI Quarterly Results 01-Aug-23
GODREJAGRO Quarterly Results 01-Aug-23 SHRINIWAS Quarterly Results 01-Aug-23
GUJARATPOLY Quarterly Results 01-Aug-23 SKCIL A.G.M.;Quarterly Results 01-Aug-23
HARSHA Quarterly Results 01-Aug-23 SNOWMAN Interim Dividend;Quarterly Results 01-Aug-23
HYBRIDFIN General;Quarterly Results 01-Aug-23 SOTL Quarterly Results 01-Aug-23
JINDRILL Quarterly Results 01-Aug-23 SPSINT Quarterly Results 01-Aug-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
DBCORP 01-Aug-23 Interim Dividend – Rs. – 3.0000 LT 02-Aug-23 Special Dividend – Rs. – 6.0000
EXIDEIND 01-Aug-23 Final Dividend – Rs. – 2.0000 LXMIATO 02-Aug-23 Dividend – Rs. – 10.0000
JKCEMENT 01-Aug-23 Final Dividend – Rs. – 15.0000 MENNPIS 02-Aug-23 Final Dividend – Rs. – 1.0000
KAMOPAINTS 01-Aug-23 Bonus issue 1:1 NILACHAL 02-Aug-23 E.G.M.
ORIENTPPR 01-Aug-23 Final Dividend – Rs. – 1.0000 PGINVIT 02-Aug-23 Income Distribution (InvIT)
RAMAPPR-B 01-Aug-23 E.G.M. PPLPHARMA 02-Aug-23 Right Issue of Equity Shares
RESONANCE 01-Aug-23 Final Dividend – Rs. – 1.0000 SAHYADRI 02-Aug-23 Final Dividend – Rs. – 1.5000
RUPA 01-Aug-23 Final Dividend – Rs. – 3.0000 SHAREINDIA 02-Aug-23 Final Dividend – Rs. – 4.5000
SHARDACROP 01-Aug-23 Final Dividend – Rs. – 3.0000 SHAREINDIA 02-Aug-23 Interim Dividend – Rs. – 2.0000
SHETR 01-Aug-23 Final Dividend – Rs. – 0.5000 STYRENIX 02-Aug-23 Final Dividend – Rs. – 24.0000
SRF 01-Aug-23 Interim Dividend – Rs. – 3.6000 TDPOWERSYS 02-Aug-23 Final Dividend – Rs. – 0.5000
ABMKNO 02-Aug-23 Final Dividend – Rs. – 1.2500 ADFFOODS 03-Aug-23 Final Dividend – Rs. – 5.0000
ADORWELD 02-Aug-23 Final Dividend – Rs. – 17.5000 AEGISLOG 03-Aug-23 Interim Dividend – Rs. – 2.5000
BAJAJCON 02-Aug-23 Dividend – Rs. – 5.0000 ALBERTDA 03-Aug-23 Dividend – Rs. – 9.0000
BDH 02-Aug-23 Final Dividend – Rs. – 4.0000 ALEMBICLTD 03-Aug-23 Final Dividend – Rs. – 2.2000
CENTUM 02-Aug-23 Final Dividend – Rs. – 4.0000 AMJLAND 03-Aug-23 Dividend – Rs. – 0.2000
CRISIL 02-Aug-23 Interim Dividend – Rs. – 8.0000 AVANTI 03-Aug-23 Dividend – Rs. – 6.2500
DATAPATTNS 02-Aug-23 Final Dividend – Rs. – 4.5000 BATAINDIA 03-Aug-23 Dividend – Rs. – 13.5000
DYNAMIC 02-Aug-23 Final Dividend – Rs. – 0.5000 CHEMBOND 03-Aug-23 Final Dividend – Rs. – 3.0000
EIHOTEL 02-Aug-23 Final Dividend – Rs. – 1.1000 CHOLAHLDNG 03-Aug-23 Final Dividend – Rs. – 0.5500
HAWKINCOOK 02-Aug-23 Dividend – Rs. – 100.0000 CLEAN 03-Aug-23 Final Dividend – Rs. – 3.0000
LT 02-Aug-23 Dividend – Rs. – 24.0000 COFORGE 03-Aug-23 Interim Dividend – Rs. – 19.0000

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