The Nifty opened at 18602.35 with a gap up of 125 points. Prices first consolidated and then broke on the downside. The index filled the gap up and then drifted further on the downside. The decline was very sharp and prices bounced up immediately and rallied to almost its opening tick which was also the intraday high. The rally fizzled out after a consolidation in the afternoon. Prices have seen another sharp decline in the second half and recorded its intraday low at 18377.70. The index finally closed at 18418.75 with a loss of 58.30 points. The IT sector was outshone and ended with a gain of 2.20%. The Realty sector was the biggest underperformer and ended with a loss of 4.74%. FMCG and Metal also contributed on the downside.

A gap up opening did not sustain. The index continued trading volatile intraday. The Nifty broke seven days of higher closing streak despite making lifetime new highs above 18600


Bank Nifty opened at 3927.30 with a gap up of 264 points, The index first consolidated and recorded its intraday high at 40011.15. Prices have seen a sharp intraday decline and recorded its intraday low at 39394.25. the index bounced up, rallied in the afternoon and then again slid down to close with a loss of more than 100 points. PSU Banks have significantly underperformed and closed with a loss of 3.73%. Private Banks also drifted down and ended with a loss of 0.47%. Within the index, Kotak Bank contributed highest while IDFC First the lowest.

Bank Nifty continued to trade volatile. A gap up opening, then down almost 700 points and then rallied 500 points and then again moved down 500 points.


OFSS 4944 BUY The stock has given a breakout from a narrow trading range. The stock can be bought at CMP with a stop at 4860 and for the target 5100
ZEEL 309.2 BUY The stock has given a breakout from a narrow trading range. The stock can be bought at CMP with a stop at 304 and for the target 318


STOCK OPTION Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
KOTAK BANK 2040 CE BUY 51 CMP 41 75 OI increase
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PERSISTENT.21.10 Oct 4223 2.11 36.53 369450 JKCEMENT.21.10 Oct 3331.45 -3.45 30.75 121275
OFSS.21.10 Oct 4930 4.04 28.2 923875 POLYCAB.21.10 Oct 2368.55 -4.98 23.69 1334400
MANAPPURAM.21.10 Oct 198.7 0.33 22.58 22314000 IRCTC.21.10 Oct 5011.9 -15 23.22 2530125
PAGEIND.21.10 Oct 38300.1 1.6 19.69 112140 BANDHANBNK.21.10 Oct 315.2 -5.27 19.22 21222000
IEX.21.10 Oct 847.65 5.82 18.05 12532500 TATAPOWER.21.10 Oct 226 -12.67 18.83 1.05E+08
                                                                        Short Covering Long Unwinding
Stocks Price Price% OI% OI Stocks Price Price % OI % OI
M&MFIN.21.10 Oct 189.9 1.17 -7.18 21356000 NATIONALUM.21.10 Oct 114.5 -6.3 -7.65 85952000
LTI.21.10 Oct 6890 17.13 -6.82 710700 IOC.21.10 Oct 133.6 -2.12 -5.01 32545500
HDFCBANK.21.10 Oct 1684.7 1.08 -5.44 30928150 INDIACEM.21.10 Oct 205.95 -6.13 -4.88 10115200
NAM-INDIA.21.10 Oct 458 1.16 -3.68 3140800 SYNGENE.21.10 Oct 610.75 -0.52 -4.52 1793500
METROPOLIS.21.10 Oct 2727.3 0.67 -3.6 594600 AMARAJABAT.21.10 Oct 712.05 -2.12 -4.34 8942000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hcl Technologies Ltd. 1232.1 0.88 10189780 16805980 70.43 Nifty it 37106.35 2.2 79473
Hindustan Unilever Ltd 2546.8 -4.04 5431133 1219438 69.36 Nifty 50 18418.75 -0.32 79473
Infosys Limited 1822.15 1.67 10324260 9274584 69.02 Nifty Bank 39540.5 -0.36 79473
Ntpc Limited 149.65 0.07 20234486 17270137 68.14 Nifty Media 2310.65 -1 79473
Crompton Greaves Consume 465.65 -1.56 2486768 698298 67.48 Nifty Energy 24785.65 -1.44 79473
Tata Consultancy Serv Lt 3634.15 -0.36 3135441 2407286 67.05 Nifty Pharma 14384.35 -1.46 79473
Dalmia Bharat Limited 2035.65 -2.34 284002 345867 66.93 Nifty Auto 11626.85 -1.59 79473
Icici Lombard General In 1529.2 0.64 674830 341867 66.13 Nifty Metal 6099.35 -2.46 79473
Alkem 3842.15 -0.5 102417 98907 65.9 Nifty Fmcg 40237.3 -3.19 79473
Power Grid Corporation o 198.65 -2.53 12130633 18371344 63.55 Nifty Realty 516.1 -4.74 79473


   Domestic                                                                                                                                                  International
INR: Bank Loan Growth and Deposit Growth on 22nd October, 2021

INR: FX Reserves, USD  on 22nd October, 2021

•USD: Crude Oil Inventories on 20th October, 2021

•USD: Initial Jobless Claims on 21st October, 2021


•Private sector lender Axis Bank on Tuesday announced waiver of 12 EMIs on select home loan products, and discounts on various online purchases as part of its festival offer. Axis Bank is offering waivers of 12 EMIs on select home loan products and providing on-road finance without any processing fee for two-wheeler customers, it said in a release.

•Shares of Indian Railway Catering and Tourism Corporation (IRCTC) witnessed a sudden slump of ₹1,400 or 15% towards close to ₹4,995 per share in Tuesday’s trading session after hitting a record high in early deals. The stock closed at ₹5,363 apiece, down more than 8%. IRCTC shares had hit a record high of ₹6,393, gaining over 7% with its market capitalization crossing ₹1 trillion in early deals.

•Hindustan Unilever reported a standalone net profit of ₹2,187 crore for the September quarter, an increase of 9% from ₹2,009 crore reported in the same quarter last year. On a sequential basis, the profit after tax (PAT) grew 6% from ₹2,061 crore in the June quarter.

•Nestle India on Tuesday announced its financial results for the July-September quarter (Q3), in which the company recorded 5 per cent growth in net profit at Rs 617 crore vs Rs 538 crore in the same period a year ago. Nestle follows the January-December financial year system. Nestle India reported the total sales growth at 9.6 per cent to Rs 3,864 crore for Q3 FY22 vs Rs 3,525 crore in Q3 FY21. The domestic sales growth stood at 10.1 per cent. Its overall growth is broad-based and largely driven by volume and mix, the company said in a stock exchange statement.

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


Company Name Purpose Ex-Date Company Name Purpose Ex-Date
ANGELBRKG Interim Dividend;Quarterly Results 20-Oct-21 RIIL Quarterly Results 20-Oct-21
ASL Quarterly Results 20-Oct-21 RML Quarterly Results 20-Oct-21
BHARATGEAR Right Issue of Equity Shares 20-Oct-21 SEACOAST General;Quarterly Results 20-Oct-21
DEEP Quarterly Results 20-Oct-21 SHOPERSTOP Quarterly Results 20-Oct-21
DHANI Preferential Issue of shares 20-Oct-21 SNOWMAN Quarterly Results 20-Oct-21
HATHWAY Quarterly Results 20-Oct-21 SUPPETRO Interim Dividend;Quarterly Results 20-Oct-21
HAVELLS Interim Dividend;Quarterly Results 20-Oct-21 SURYALAXMI Quarterly Results 20-Oct-21
JUBLFOOD Quarterly Results 20-Oct-21 SYNGENE Quarterly Results 20-Oct-21
JUSTDIAL General;Quarterly Results 20-Oct-21 TAJGVK Quarterly Results 20-Oct-21
L&TFH Quarterly Results 20-Oct-21 TATACOMM Quarterly Results 20-Oct-21
MAYUKH Quarterly Results 20-Oct-21 TATASTLLP Audited Results;Quarterly Results 20-Oct-21
MENONBE Interim Dividend;Quarterly Results 20-Oct-21 TEJASNET Quarterly Results 20-Oct-21
MFSINTRCRP General;Quarterly Results 20-Oct-21 TINNARUBR Quarterly Results 20-Oct-21
MOSCHIP Quarterly Results 20-Oct-21 TTL Quarterly Results 20-Oct-21
NAVIGANT Half Yearly Results 20-Oct-21 WANBURY Quarterly Results 20-Oct-21
RELICTEC Quarterly Results 20-Oct-21 ZGAEKWAR A.G.M.;General 20-Oct-21


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
AIIL 20-Oct-21 Stock  Split From Rs.10/- to Rs.1/- MINDTREE 21-Oct-21 Interim Dividend – Rs. – 10.00
RCF 20-Oct-21 Final Dividend – Rs. – 1.7800 MISHTANN 21-Oct-21 Interim Dividend – Rs. – 0.0020
ACCELYA 21-Oct-21 Final Dividend – Rs. – 17.00 RKFORGE 21-Oct-21 Interim Dividend – Rs. – 0.50
BEPL 21-Oct-21 Interim Dividend – Rs. – 1.00 STARHFL 21-Oct-21 E.G.M.
HCLTECH 21-Oct-21 Interim Dividend – Rs. – 10.00 TEXRAIL 21-Oct-21 Right Issue of Equity Shares
MAHIP 21-Oct-21 E.G.M. VISHWARAJ 21-Oct-21 Stock  Split From Rs.10/- to Rs.2/-

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