The NIFTY opened at 17094.35 with a big gap down of 220 points. The index initially consolidated for about two hours and recorded its intraday low at 17064.70. Prices eventually broke on the upside and saw a sharp intraday rally. The index tried to fill the gap but missed a few points and started drifting downwards after recording its intraday high at 17280.15. The index saw a decline and then quickly turn around for the last hour of trading. Prices have finally closed at 17241 near its daily highs with a loss of 73.65 points or 0.43% down. All the sectoral indices have moved down except IT which ended with a gain of 1.06%. FMCG and MEDIA underperformed today and ended with a loss of over 1% followed by REALTY & PHARMA which ended nearly 1% lower. A trading range inside the 16800 – 17400 zones remained intact. Prices are now trading near the resistance level. Moreover, short-term support is also visible around 17000. The short-term trend remained sideways. Tomorrow, we should look for a buying opportunity on a breakout above 17400 with a stop of 80 points and a target of 240 points.


The BANK NIFTY opened at 38641.55 with a big gap down of 558 points. The index initially consolidated, recorded its intraday low at 385 18.30, and then started moving higher. Prices have filled the gap with the help of a sharp upside move and then turned down after recording its intraday high at 39315.70. The index again rises in the last hour of trading and finally closed at 39113.70 with a loss of 86 points. PSU BANKS have underperformed today and closed lower by 1.01% whereas PVT BANKS have also gone down and ended with a loss of 0.26%. Within the index, in terms of points, AXIS BANK contributed the highest on the upside while HDFC BANK contributed the lowest. A trading range within the 37500 – 39500 zones remained intact, and the short-term trend remains sideways. Tomorrow, we should look for a buying opportunity above 39500 with a stop of 300 points and a target of 800 points.


LTI 4697.50 BUY The stock has been getting reversed on intraday as well as the daily chart. The stock can be bought at 4714 with a stop loss of 4681 and for the target of 4766.
ASIAN PAINT 3277.95 SELL The stock has given the breakdown on the intraday as well as the daily chart. The stock can be sold at 3261 with a stop loss of 3283 and for the target of 3218.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
TATA CONSUMERS (27 OCT)  750 (PE) BUY 17.05 CMP 14.95 21.50 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
AXISBANK.22.10 Oct 778 2.83 4.7 46051200 IBULHSGFIN.22.10 Oct 127.9 -6.06 15.03 49716000
IDFC.22.10 Oct 72.75 2.61 2.5 127240000 TATAMOTORS.22.10 Oct 393.8 -4.46 28.95 79486500
PERSISTENT.22.10 Oct 3592.6 2.51 0.02 618300 LALPATHLAB.22.10 Oct 2350 -3.52 2.35 1145500
TCS.22.10 Oct 3125.85 1.76 4.29 13098150 ASHOKLEY.22.10 Oct 155 -3.16 5.11 52740000
VEDL.22.10 Oct 297.95 1.65 0.95 30180050 TATACONSUM.22.10 Oct 759.9 -3 14.95 8934300
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MINDTREE.22.10 Oct 3365.05 2.44 -1.48 2589600 ESCORTS.22.10 Oct 2108 -1.65 -0.29 1134100
GAIL.22.10 Oct 89.25 2.23 -3.23 57773100 SIEMENS.22.10 Oct 2786.55 -1.56 -0.14 1706100
LTI.22.10 Oct 4714.05 1.87 -0.78 1160100 HINDPETRO.22.10 Oct 215.75 -1.42 -0.1 19764000
GUJGASLTD.22.10 Oct 487.5 1.4 -2.33 6808750 AMARAJABAT.22.10 Oct 497.8 -0.99 -0.02 5680000
TORNTPHARM2210Oct 1595.8 1.07 -1.16 1746500 MOTHERSON.22.10 Oct 76.1 -0.98 -0.21 59967000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Alkem 3174.65 -0.8 44062 0 86.62 Nifty50 17241 -0.43 71757
Icici Lombard General In 1135 -0.86 1053051 0 76.92 Niftybank 39093.1 -0.22 71757
Syngene 561.45 -0.47 162573 0 74.62 Nifty it 28027.6 1.06 71757
Hdfc Bank Ltd. 1415 -1.1 6553628 0 73.18 India Vix 19.62 4.31 71757
Coromandel International 976.3 -2.12 218614 0 72.24 Nifty Fmcg 43329.2 -1.1 71757
Icici Bank Ltd. 881.8 -0.08 7356447 0 71.56 Nifty Pharma 13028.4 -0.81 71757
Mah & Mah Ltd. 1243 0.33 2230420 0 70.57 Nifty Realty 434.25 -0.98 71757
Cummins India Limited 1224.7 -1.13 724262 0 68.21 Nifty Auto 12693.6 -0.54 71757
Britannia Ind Ltd. 3797.85 0.32 185194 0 68.07 Nifty Metal 5916.4 -0.26 71757
Dabur India Ltd. 529.1 -2.05 3601710 0 67.8 Nifty Financial Services 17626.5 -0.45 71754


   Domestic                                                                                                                                                  International
INR: CPI (YoY) (Sep) on 12th October, 2022

INR: Manufacturing Output (MoM) (Aug) on 12th October, 2022

 USD: OPEC Monthly Report on 12th October, 2022

USD: PPI (MoM) (Sep) on 12th October, 2022


  • Benchmark indices ended on negative note in the highly volatile session on October 10. At Close, the Sensex was down 200.18 points or 0.34% at 57,991.11, and the Nifty was down 73.70 points or 0.43% at 17,241. About 1406 shares have advanced, 2056 shares declined, and 161 shares are unchanged.

  • Indian rupee closed flat at 82.32 per dollar against previous close of 82.32.

  • Shares of India’s Tata Motors Ltd fell as much as 4.6% on Monday after its Jaguar Land Rover (JLR) business wholesale volumes fell below expectations, prompting top brokerages to cut price targets and also warn of a slowdown next year.

  • Shares of Hero MotoCorp Ltd. fell the most in nearly a month as analysts see the premium pricing of its first electric scooter Vida V1 impacting volume growth. India’s largest two-wheeler maker introduced two trims of the scooter—Vida V1 plus and Vida V1 Pro—tagged at Rs 1.45 lakh and Rs 1.59 lakh, respectively

  • Billionaire Gautam Adani’s conglomerate is in advanced talks with the infrastructure-focused Jaiprakash Group to buy their cement business for about 50 billion rupees ($606 million), people familiar with the matter said.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
CHOKSI Quarterly Results 11-Oct-22 SCBL Quarterly Results 12-Oct-22
DELTACORP Quarterly Results 11-Oct-22 SEL Quarterly Results 12-Oct-22
DHRUV Preferential Issue of shares;General 11-Oct-22 STANCAP Quarterly Results 12-Oct-22
GMBREW Quarterly Results 11-Oct-22 SUVEN Right Issue of Equity Shares 12-Oct-22
GUJHOTE Quarterly Results 11-Oct-22 SWSOLAR General;Quarterly Results 12-Oct-22
NCLRESE General 11-Oct-22 UNIVPHOTO Special Dividend 12-Oct-22
NINSYS General 11-Oct-22 VERANDA General 12-Oct-22
SHRADDHA General 11-Oct-22 WIPRO Quarterly Results 12-Oct-22
SUPREMEINF Quarterly Results 11-Oct-22 YASHCHEM Quarterly Results 12-Oct-22
TTFL General;Quarterly Results 11-Oct-22 ABHIJIT Quarterly Results 13-Oct-22
7NR Quarterly Results 12-Oct-22 ALSTONE Quarterly Results 13-Oct-22
ARTSONEN Quarterly Results 12-Oct-22 ANANDRATHI Interim Dividend;Quarterly Results 13-Oct-22
BIRLAPREC General 12-Oct-22 ANGELONE Interim Dividend;Quarterly Results 13-Oct-22
DHINDIA Issue Of Warrants 12-Oct-22 ASHAI General 13-Oct-22
DYNAVSN General 12-Oct-22 ATHARVENT General;Quarterly Results 13-Oct-22
HCLTECH Interim Dividend;Quarterly Results 12-Oct-22 BIRLAMONEY Quarterly Results 13-Oct-22
INDITALIA General 12-Oct-22 CYIENT Quarterly Results 13-Oct-22
JANUSCORP Bonus issue 12-Oct-22 DEN Quarterly Results 13-Oct-22
JSGLEASING Preferential Issue of shares;General 12-Oct-22 INFY Audited Results;Interim Dividend;Quarterly Results 13-Oct-22
MANGIND Quarterly Results 12-Oct-22 MAHALXSE General 13-Oct-22
MNIL General;Quarterly Results 12-Oct-22 MINDTREE Quarterly Results 13-Oct-22
NATIONSTD Quarterly Results 12-Oct-22 PHARMAID Issue Of Warrants 13-Oct-22
NAVODAYENT Bonus issue 12-Oct-22 ROSELABS Quarterly Results 13-Oct-22
NXTDIGITAL Quarterly Results 12-Oct-22 SCPL Half Yearly Results 13-Oct-22
SARDAPPR Preferential Issue of shares;General 12-Oct-22 SHRINIWAS Quarterly Results 13-Oct-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
COLORCHIPS 12-Oct-22 Stock  Split From Rs.10/- to Rs.2/- JAICORPLTD 20-Oct-22 Dividend – Rs. – 0.5000
GREENCREST 12-Oct-22 Stock  Split From Rs.10/- to Rs.1/- ANJANIFOODS 21-Oct-22 Stock  Split From Rs.10/- to Rs.2/-
KAARYAFSL 12-Oct-22 Bonus issue 1:1 ATAM 21-Oct-22 Bonus issue 1:1
NIKHILAD 12-Oct-22 Stock  Split From Rs.10/- to Rs.1/- PERFEPA 21-Oct-22 Stock  Split From Rs.10/- to Rs.2/-
SECMARK 12-Oct-22 Bonus issue 3:2 TAINWALCHM 21-Oct-22 E.G.M.
SHBCLQ 12-Oct-22 Bonus issue 1:2 VGIL 21-Oct-22 Final Dividend – Rs. – 0.2000
GCSL 13-Oct-22 Bonus issue 8:1 ICICIGI 27-Oct-22 Interim Dividend
INFRATRUST 13-Oct-22 Income Distribution (InvIT) LTTS 27-Oct-22 Interim Dividend
TCS 17-Oct-22 Interim Dividend SANINFRA 28-Oct-22 Stock  Split From Rs.10/- to Rs.1/-
DUGARHOU 18-Oct-22 Reduction of Capital ASIANPAINT 31-Oct-22 Interim Dividend
HCLTECH 19-Oct-22 Interim Dividend ISEC 31-Oct-22 Interim Dividend
UHZAVERI 19-Oct-22 Bonus issue 2:3 HINDUNILVR 01-Nov-22 Interim Dividend
ANANDRATHI 20-Oct-22 Interim Dividend PGHH 04-Nov-22 Final Dividend – Rs. – 65.0000
ANGELONE 20-Oct-22 Interim Dividend GILLETTE 10-Nov-22 Final Dividend – Rs. – 36.0000

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