The NIFTY opened at 19457.40 with a gap up of just 14 points. The index moved down in its initial trades for the first five minutes of trading and then started moving sideways. That sideways movement continued for over half the day and eventually broke on the downside. However, prices did not move much lower and saw a mild down move towards the end. In this process, the Index recorded first its intraday high at 19463.90, then its intraday low at 1937835, and finally closed at 19395.30 with a loss of 48.20 points or 0.25% down. The REALTY sector outperformed today and closed with a gain of 1.23% followed by AUTO FMCG and OIL GAS underperformed today and closed with a loss of nearly 1% followed by IT. Look to buy above 19500 or sell short below 19300. The short-term trend is up and the index is moving narrowly. Take trade in the direction of a breakout.


The BANK NIFTY opened at 43626.10 with a gap down of just 20 points. The index initially moved lower for the first five minutes of trading and then bounced up sharply after recording its intraday low at 43542.65. Prices have seen a rally afterward and then a minor dip in the afternoon after recording its intraday high at 43876.75. Prices have finally closed at 63695.90 with a gain of 49 points. PSU BANK has underperformed today, saw a mild downside move, and closed with a loss of 0.20%. PVT BANK has outperformed today, saw a mild upside move, and closed with a gain of 0.19% Within the index, in terms of points, INDUSIND BANK contributed the highest on the upside while HDFC BANK contributed the lowest. The short-term trend is up. Support is visible around 42500 while resistance is visible around 44000


POWER GRID 209.80 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 210.50 with a stop loss of 208.50 and a target of 212.50.
LTTS 4253.00 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 4246.40 with a stop loss of 4262.25 and a target of 4214.80.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
GODREJ CP  1800CE BUY 56 CMP 48.50 76.50 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
METROPOLIS.23.11 Nov 1630.5 6 2.88 1698000 NATIONALUM.23.11 Nov 89.4 -4.54 12.07 69165000
PFC.23.11 Nov 274.25 4.72 11.64 65328625 MOTHERSON.23.11 Nov 90.1 -3.12 3.43 85640200
APOLLOHOSP.23.11 Nov 5331.2 3.71 9.47 2539500 DEEPAKNTR.23.11 Nov 2087.9 -2.79 4.38 2504400
CUB.23.11 Nov 144.3 3.44 4.13 32250000 TATAPOWER.23.11 Nov 249.3 -2.62 3.96 88479000
GRANULES.23.11 Nov 371.25 3.08 7.42 10600000 GODREJCP.23.11 Nov 992.4 -2.27 1.38 8609500
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
M&M.23.11 Nov 1547 3.85 -3.68 14563150 MCX.23.11 Nov 2458 -6.05 -3.35 3078800
OBEROIRLTY.23.11 Nov 1262.25 3.02 -0.89 7288400 GNFC.23.11 Nov 677 -2.69 -2.61 9557600
BATAINDIA.23.11 Nov 1571.65 1.9 -4.34 2056500 ZYDUSLIFE.23.11 Nov 615.65 -2.1 -1.09 6270300
MARUTI.23.11 Nov 10445 0.77 -0.26 2582750 MGL.23.11 Nov 1031 -1.89 -0.5 1908800
BALRAMCHIN.23.11 Nov 431.8 0.76 -1.68 10561600 CUMMINSIND.23.11 Nov 1757.3 -1.13 -0.33 3988800

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Mphasis Limited 2193.65 0.52 80818 574725 88.21 Nifty50 19395.3 -0.25 86694
Marico Limited 520.45 0.02 785066 1262830 76.61 Niftybank 43683.6 0.06 86694
Havells India Limited 1253.15 0.09 412408 732194 75.58 Nifty it 30717.7 -0.65 71481
Itc Ltd. 434.4 -0.58 7785767 5169316 74.06 India Vix 10.98 -0.54 71583
Britannia Ind Ltd. 4652.1 -0.4 208210 283765 73.57 Nifty Fmcg 51983 -0.9 71481
Reliance Industries Ltd 2310.55 -1.09 7256805 2830151 71.79 Nifty Pharma 15491.85 -0.03 71481
Godrej Cons Products Ltd 987.9 -2.72 1182374 332677 71.3 Nifty Realty 660.6 1.23 71481
Bajaj Auto Limited 5415.75 0.34 232773 142487 70.49 Nifty Auto 16355.3 0.83 71481
Tata Consumer Products l 902.85 -1.47 3194352 768513 70.48 Nifty Metal 6599.65 -0.4 71481
Infosys Limited 1374.8 -1.16 5498051 2467126 69.48 Nifty Financial Services 19491.95 -0.1 71481

Upcoming Economic Data

   Domestic                                                                                                                                                  International
INR: Thomson Reuters IPSOS PCSI (MoM) (Nov) on 10th November, 2023

INR: Manufacturing Output (MoM) (Sep) on 10th October, 2023

USD: Fed Chair Powell Speaks on 10th November, 2023

USD: Crude Oil Inventories on 13th November, 2023

News Updates

  • Benchmark indices ended on a negative note in the volatile session on November 9 with Nifty at 19,400. At close, the Sensex was down 143.41 points or 0.22 percent at 64,832.20, and the Nifty was down 48.20 points or 0.25 percent at 19,395.30. About 1588 shares advanced, 1979 shares declined, and 123 shares unchanged.

  • Hospital chain Apollo Hospitals Ltd on November 9 reported a 14.2 percent year-on-year (YoY) increase in net profit at Rs 233 crore for the July-September quarter. The company reported a net profit of Rs 204 crore in the same period a year ago. The hospital operator reported better-than-expected revenue at Rs 4,846.9 crore, reflecting a 14 percent YoY rise. The company had a revenue of Rs 4,251.1 crore in the same quarter previous year.

  • Adani Ports And Special Economic Zone on November 9 reported a consolidated net profit of Rs 1747.85 crore for the September quarter, registering a growth of 4.19 percent from the year-ago period. Profits were lower as the company had to write off Rs 455 crore past MAT credit on election of new tax regime. Its revenue from operations came in at Rs 6,646.41 crore, up 27.55 percent from the corresponding quarter of the previous fiscal, the Adani Group company said in an exchange notification.

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

Board Meetings

Company Name Purpose Meeting Date Company Name Purpose Meeting Date
3MINDIA Quarterly Results;General 10-Nov-23 AMARSEC Quarterly Results 10-Nov-23
7NR Consolidation of Shares;Quarterly Results;General 10-Nov-23 AMRAPLIN General;Quarterly Results 10-Nov-23
7SEASL Quarterly Results;General 10-Nov-23 AMRUTANJAN Interim Dividend;Quarterly Results 10-Nov-23
AAATECH Quarterly Results 10-Nov-23 ANGEL Half Yearly Results 10-Nov-23
AADIIND Quarterly Results 10-Nov-23 ANNAINFRA Quarterly Results 10-Nov-23
AARVEEDEN Quarterly Results 10-Nov-23 ANSINDUS Quarterly Results 10-Nov-23
ABHISHEK Quarterly Results 10-Nov-23 ANUHPHR General;Quarterly Results 10-Nov-23
ACEEDU Quarterly Results 10-Nov-23 ANUPAM Quarterly Results 10-Nov-23
ACESOFT Quarterly Results 10-Nov-23 APCL Quarterly Results 10-Nov-23
ADDIND Quarterly Results 10-Nov-23 APOLLO Quarterly Results 10-Nov-23
ADHBHUTIN Quarterly Results 10-Nov-23 ARAVALIS Quarterly Results 10-Nov-23
ADINATH Quarterly Results 10-Nov-23 ARCEEIN Quarterly Results 10-Nov-23
AGARIND Quarterly Results 10-Nov-23 AREXMIS Quarterly Results 10-Nov-23
AGOL Right Issue of Equity Shares;Quarterly Results;General 10-Nov-23 ARIHANT Quarterly Results 10-Nov-23
AHLUCONT Quarterly Results 10-Nov-23 ARISE Quarterly Results 10-Nov-23
AIHL Quarterly Results 10-Nov-23 AROMAENT General;Quarterly Results 10-Nov-23
ALFATRAN Quarterly Results 10-Nov-23 ARYAMAN Quarterly Results 10-Nov-23
ALKOSIGN Half Yearly Results 10-Nov-23 ASHAI Quarterly Results 10-Nov-23
ALLCARGO Bonus issue;Increase in Authorised Capital;Quarterly Results 10-Nov-23 ASHCAP Quarterly Results 10-Nov-23
ALNATRD Quarterly Results 10-Nov-23 ASHIANA Quarterly Results 10-Nov-23
ALPINEHOU Quarterly Results 10-Nov-23 ASHRAM Quarterly Results 10-Nov-23
ALSTONE Quarterly Results 10-Nov-23 ASIACAP Quarterly Results 10-Nov-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
360ONE 10-Nov-23 Interim Dividend – Rs. – 4.0000 SAFARIND 10-Nov-23 Interim Dividend – Rs. – 2.5000
ADFFOODS 10-Nov-23 Special Dividend – Rs. – 4.0000 SURYAROSNI 10-Nov-23 Interim Dividend – Rs. – 2.5000
ALLSEC 10-Nov-23 Interim Dividend – Rs. – 30.0000 WANBURY 10-Nov-23 E.G.M.
ALSTONE 10-Nov-23 E.G.M. AXITA 13-Nov-23 Interim Dividend – Rs. – 0.1000
ANZEN 10-Nov-23 Income Distribution (InvIT) DEVLAB 13-Nov-23 E.G.M.
ARE&M 10-Nov-23 Interim Dividend – Rs. – 4.8000 ELPROINTL 13-Nov-23 Interim Dividend – Rs. – 0.6000
AVANCE 10-Nov-23 Stock  Split From Rs.5/- to Rs.1/- GALACTICO 13-Nov-23 E.G.M.
CARERATING 10-Nov-23 Interim Dividend – Rs. – 7.0000 PGINVIT 13-Nov-23 Income Distribution (InvIT)
DABUR 10-Nov-23 Interim Dividend – Rs. – 2.7500 RECLTD 13-Nov-23 Interim Dividend – Rs. – 3.5000
FMEC 10-Nov-23 E.G.M. TANAA 13-Nov-23 Interim Dividend – Rs. – 1.5000
IMFA 10-Nov-23 Interim Dividend – Rs. – 7.5000 VSL 13-Nov-23 Interim Dividend – Rs. – 0.0500
INSECTICID 10-Nov-23 Interim Dividend – Rs. – 3.0000 WPIL 13-Nov-23 Interim Dividend – Rs. – 20.0000
IOC 10-Nov-23 Interim Dividend – Rs. – 5.0000 CFF 15-Nov-23 Interim Dividend – Rs. – 0.5000
IRFC 10-Nov-23 Interim Dividend – Rs. – 0.8000 CHAMBLFERT 15-Nov-23 Interim Dividend – Rs. – 4.5000
LKPFIN 10-Nov-23 Interim Dividend – Rs. – 3.0000 CTL 15-Nov-23 E.G.M.
MKPL 10-Nov-23 Stock  Split From Rs.10/- to Rs.1/- EMAMILTD 15-Nov-23 Interim Dividend – Rs. – 4.0000
NAVINFLUOR 10-Nov-23 Special Dividend – Rs. – 3.0000 IGL 15-Nov-23 Interim Dividend – Rs. – 4.0000
NAVINFLUOR 10-Nov-23 Interim Dividend – Rs. – 5.0000 INDTONER 15-Nov-23 Interim Dividend – Rs. – 4.5000
NIITLTD 10-Nov-23 Interim Dividend – Rs. – 0.5000 PDSL 15-Nov-23 Interim Dividend – Rs. – 1.6000
NIITMTS 10-Nov-23 Interim Dividend – Rs. – 2.5000 SATINDLTD 15-Nov-23 Interim Dividend – Rs. – 0.1500
PETRONET 10-Nov-23 Interim Dividend – Rs. – 7.0000 STEELCAS 15-Nov-23 Interim Dividend – Rs. – 1.3500
QGO 10-Nov-23 Interim Dividend – Rs. – 0.1500 TCMLMTD 15-Nov-23 E.G.M.

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