The NIFTY opened at 18325.20 with a gap up of 81 points. This was also the intraday high today as prices started drifting downwards after that and could not surpass this level during the day. Prices have initially moved down, filled the gap and then started a consolidation process. A recovery came during the day but the rally fizzled out and prices have again moved down to record its intraday low at 18246. The index finally closed at 18267.25 near its day lows with a gain of just 23.05 points or 0.13% up. MEDIA outperformed today and closed higher by over 1% followed by BANK and OIL GAS which ended with a gain of over half a per cent. METAL and IT underperformed today and ended with a loss. Traders should avoid trading the index for tomorrow as we have monthly expiry scheduled which could increase the volatility. We will plan our trade after tomorrow


The BANK NIFTY opened at 42668.55 with a gap up of 193 points. The index initially moved lower but bounced up quickly. Prices recorded its intraday low at 42556.40, saw a sharp upside move, and recorded its intraday high at 42860.55. A sharp decline came in the last 30 minutes of trading and prices finally closed at 42675.80 with a gain of 200 points. PSU BANKS have a gain outperformed today and closed higher by over 1%. PVT BANKS have also moved up today and closed with a gain of almost half a per cent. Within the index, in terms of points, SBIN contributed the highest on the upside while INDUSIND BANK contributed the lowest. We have been tracking a narrow trading range inside 42000 – 42700. This range has seen a breakout today but prices have closed almost at the top of this range. A follow-through on the upside tomorrow may be able to confirm this breakout. The short-term trend is still sideways and it will be up once the index closes above 42700. Stay long and look for buying only as far as prices are trading above 42000.


AXIS BANK 874.7 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at above CMP with a stop loss of 871.85 and a target of 880.4.
 BHARTI AIRTEL 843.55 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 841.55 with a stop loss of 847.2 and a target of 832.5.


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
INDIGO.22.11 Nov 1893.95 3.99 29.77 2258400 ADANIENT.22.11 Nov 3904.9 -3.3 1.41 6366750
APOLLOHOSP.2211Nov 4605.6 3 25.01 697875 MPHASIS.22.11 Nov 1900.7 -1.64 10.26 1143450
MCX.22.11 Nov 1540.2 1.83 8.26 954000 SIEMENS.22.11 Nov 2767 -1.59 35.8 1172600
CONCOR.22.11 Nov 749.65 1.55 6.62 4559000 ICICIPRULI.22.11 Nov 461.6 -1.58 12.82 5215500
JSWSTEEL.22.11 Nov 720.25 1.48 1.61 12491550 POWERGRID.22.11 Nov 215.3 -1.4 19.21 25887600
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
GNFC.22.11 Nov 626.1 5.23 -35.49 3403400 INDIACEM.22.11 Nov 235.05 -1.8 -7.55 7487800
PNB.22.11 Nov 50.25 4.25 -31.32 61184000 ABFRL.22.11 Nov 306.2 -1.5 -21.11 4043000
CHAMBLFERT.2211Nov 297 3.68 -12.16 3931500 JUBLFOOD.22.11 Nov 539.55 -1.4 -28 4160000
SYNGENE.22.11 Nov 617 3.22 -4.61 931000 INDIAMART.22.11 Nov 4315.55 -1.33 -4.96 132150
GMRAIRPORTSINFRASTRUCT 38.85 2.51 -4.41 68265000 BALRAMCHIN.22.11 Nov 355.3 -1.14 -16.99 3587200


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Torrent Pharma Ltd. 1620.85 -0.87 202944 0 84.38 Nifty50 18267.25 0.13 72660
Power Finance Corporatio 125.05 -0.36 5898708 0 77.23 Niftybank 42729.1 0.64 72660
Icici Bank Ltd. 927.45 0.41 10958673 0 76.96 Nifty it 29405.6 -0.14 72660
Hdfc Ltd. 2637.45 0.46 2025411 0 72.57 India Vix 14.04 1.46 72657
Hcl Technologies Ltd. 1103.4 0 2217518 0 72.37 Nifty Fmcg 43854.2 0 72660
Infosys Limited 1582.55 -0.16 3244819 0 72.1 Nifty Pharma 12876.95 0.32 72660
Mah & Mah Ltd. 1234 0.45 2395997 0 71.93 Nifty Realty 438.8 0.25 72660
Cipla Ltd 1108 0.35 2192249 0 70.6 Nifty Auto 12774.75 0.23 72660
Marico Limited 490.6 0.95 1354227 0 70.52 Nifty Metal 6422.85 -0.4 72660
Hdfc Life Insurance Comp 547.65 1.43 5516564 0 69.94 Nifty Financial Services 19069.1 0.51 72660


   Domestic                                                                                                                                                  International
INR: FX Reserves, USD on 25th  November, 2022

INR: GDP Quarterly (YoY) (Q2) on 30th  November, 2022

 USD: CB Consumer Confidence (Nov)  on 29th November, 2022

USD: GDP (QoQ) (Q3) on 30th November, 2022


  • India’s stock benchmarks closed with little gains on Wednesday, paring its opening gains as advances in banking, metals and oil and gas stocks were offset by declines in information technology and FMCG stocks. Sensex ended 0.07% up at 61,462.02. The Nifty 50 closed 0.13% higher at 18,267.25

  • Keystone Realtors, a prominent real estate developer under the Rustomjee brand, is unlikely to see a great listing on the back of a muted response to its maiden public issue, underperformance of realty space amid rising interest rates in current financial year, and a bit of expensive valuations, despite a strong brand name and impressive financial track record, experts said.

  • The shares of Inox Green Energy Services Ltd. ended at a discount of 9.08% to the IPO price, while declining 2.31% from its listing price to end at Rs 59.10. Inox Green Energy Services launched its three-day initial public offering on Nov. 11. The IPO was subscribed 1.55 times on the last day.

  • Shares of Delhivery Ltd. plunged to a 52-week low after a large trade. At least 12.8 lakh shares changed hands in a large trade, according to Bloomberg data. Shares of the company fell 4.42% to Rs 320.35 apiece as of 11:37 a.m

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
CARGOTRANS Half Yearly Results 24-Nov-22 APTUS Interim Dividend 28-Nov-22
CIGNITI General 24-Nov-22 FUSION Quarterly Results 28-Nov-22
HDIL Quarterly Results 24-Nov-22 VALECHAENG Quarterly Results 28-Nov-22
HITECH Preferential Issue of shares 24-Nov-22 WANBURY Quarterly Results 28-Nov-22
INDNIPPON General 24-Nov-22 COMSYN General 29-Nov-22
PTC Audited Results;Final Dividend;Quarterly Results 24-Nov-22 JCTLTD Quarterly Results 29-Nov-22
QUANTDIA A.G.M.;General 24-Nov-22 LANDMARC General 29-Nov-22
RAJNISH General;Stock  Split 24-Nov-22 RANJEET Increase in Authorised Capital;Preferential Issue of shares 29-Nov-22
SALSAIN Preferential Issue of shares 24-Nov-22 RCF Interim Dividend 29-Nov-22
SPRAYKING Right Issue of Equity Shares 24-Nov-22 SYMBIOX General 29-Nov-22
SRGHFL Issue Of Warrants 24-Nov-22 TIHIL Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares 29-Nov-22
SUDTIND-B General 24-Nov-22 TRADWIN Quarterly Results 29-Nov-22
7NR Scheme of Arrangement 25-Nov-22 DHARFIN Quarterly Results 30-Nov-22
ADANIENT General 25-Nov-22 EIGHTY General 30-Nov-22
ADCON Right Issue of Equity Shares 25-Nov-22 ICL Stock  Split 30-Nov-22
FMEC Preferential Issue of shares 25-Nov-22 JANUSCORP Bonus issue 30-Nov-22
IEX Buy Back of Shares 25-Nov-22 AML General 01-Dec-22
RAJTUBE General 25-Nov-22 NAVODAYENT Bonus issue 01-Dec-22
RSYSTEMINT General;Voluntary Delisting of Shares 25-Nov-22 STL Stock  Split 01-Dec-22
SHRIBCL Quarterly Results 25-Nov-22 TAKE Quarterly Results 07-Dec-22
UNISTRMU General 25-Nov-22 YASHINNO Scheme of Arrangement 08-Dec-22
WABAG General 25-Nov-22 ESHAMEDIA A.G.M. 12-Dec-22
SUPRAP General 26-Nov-22 COFORGE Interim Dividend;Quarterly Results 20-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
BHARATFORG 24-Nov-22 Interim Dividend – Rs. – 1.5000 7NR 28-Nov-22 Bonus issue 1:5
CUPID 24-Nov-22 Interim Dividend – Rs. – 2.0000 FAMILYCARE 28-Nov-22 Interim Dividend – Rs. – 0.0500
DIAMINESQ 24-Nov-22 Interim Dividend – Rs. – 3.0000 JANUSCORP 28-Nov-22 Bonus issue 4:3
JMFINANCIL 24-Nov-22 Interim Dividend – Rs. – 0.9000 ALSTONE 29-Nov-22 E.G.M.
PFC 24-Nov-22 Interim Dividend – Rs. – 3.0000 NAVODAYENT 29-Nov-22 Bonus issue 1:1
POLYPLEX 24-Nov-22 Interim Dividend – Rs. – 20.0000 SHRIRAMCIT 29-Nov-22 Amalgamation
POLYPLEX 24-Nov-22 Special Dividend – Rs. – 35.0000 VEDL 29-Nov-22 Interim Dividend – Rs. – 17.5000
ABANSENT 25-Nov-22 Interim Dividend – Rs. – 0.1000 CHANDRAP 30-Nov-22 Stock  Split From Rs.10/- to Rs.2/-
COMSYN 25-Nov-22 Bonus issue 2:1 MLKFOOD 30-Nov-22 Interim Dividend – Rs. – 2.5000
DEVIT 25-Nov-22 Stock  Split From Rs.10/- to Rs.5/- SECURCRED 30-Nov-22 E.G.M.
GOLECHA 25-Nov-22 Interim Dividend – Rs. – 1.0000 GUJTHEM 01-Dec-22 Interim Dividend – Rs. – 4.4000
MAFATIND 25-Nov-22 Stock  Split From Rs.10/- to Rs.2/- LIKHITHA 01-Dec-22 Stock  Split From Rs.10/- to Rs.5/-
MAHSEAMLES 25-Nov-22 Bonus issue 1:1 RAJOIL 01-Dec-22 E.G.M.
MANAKSIA 25-Nov-22 Interim Dividend – Rs. – 3.0000 MEFCOMCAP 02-Dec-22 Stock  Split From Rs.10/- to Rs.2/-
NILE 25-Nov-22 Interim Dividend – Rs. – 2.0000 SDBL 02-Dec-22 Interim Dividend – Rs. – 0.2500
PREMCO 25-Nov-22 Interim Dividend – Rs. – 2.0000 PANCHSHEEL 05-Dec-22 Interim Dividend – Rs. – 0.8000
RONI 25-Nov-22 Right Issue of Equity Shares TRIVENIGQ 06-Dec-22 E.G.M.
SMCREDT 25-Nov-22 Right Issue of Equity Shares ADVAIT 07-Dec-22 E.G.M.
VEERENRGY 25-Nov-22 Bonus issue 3:10 HGS 07-Dec-22 Interim Dividend – Rs. – 5.0000

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