The NIFTY opened at 18748.55 with a gap up of 57 points. The index initially consolidated and saw a minor dip which found support quickly just above 17700.The Index recorded its intraday low at 17714.25 and started moving higher. Initially, the momentum was not very strong but later prices have moved very sharply and moved above 17800.The rally lasted till the end. Prices have recorded its intraday high at 18829.25 and finally closed at 18817.40 near its day’s highs with a gain of 126.20 points or 0.68% up. All the sectoral indices have closed with a gain today except FMCG and OIL GAS which ended with a minor loss. BANK, FINANCIAL, and REALTY led the bulls by ending more than 1% higher. Despite of a sharp intraday rally, a narrow trading range inside 18650-18900 remained intact for the past tenth trading days. Since the range is very narrow, we may see a breakout very soon. The short-term trend is up as the index is moving around the lifetime highs. We should look for buying only as far as prices are staying above 18650.


The BANK NIFTY opened at 43804.55 with a gap up of 151 points. The Index started a consolidation process which eventually broke on the upside. Prices recorded its intraday low at 43693.15 and saw a sharp upside move after the breakout. The rally lasted till the end, prices recorded its intraday high at 44194.65 and finally closed at 44164.05 with a gain of 511 points. PSU and PVT BANK, both indices, have performed almost the same today, saw a sharp intraday up move, and closed with a gain of 1.02% & 1.11% respectively. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while INDUSIND BANK contributed the lowest. It was again a tale of two halves. Prices have moved narrowly in the first half while seeing a sharp surge in the second half. A trading range inside 43400-44500 remained intact. The short-term trend is sideways and we may see a breakout very soon.


REC LTD 161.00 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 161.35 with a stop loss of 159.95 and a target of 164.15.
BRITANNIA 4954.25 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 4948.85 with a stop loss of 4972.15 and a target of 4897.05.


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
CANFINHOME.23.06 Jun 783.7 5.31 7.5 1621425 BEL.23.06 Jun 118.45 -2.59 3.61 34502100
HDFCLIFE.23.06 Jun 658.8 4.34 21.72 12767700 DALBHARAT.23.06 Jun 2166 -1.36 13.23 1018500
L&TFH.23.06 Jun 123.4 4.14 33.63 87026848 HINDPETRO.23.06 Jun 267.9 -1.27 13.04 11418300
PFC.23.06 Jun 207.7 3.69 10.78 26312800 INDIAMART.23.06 Jun 2848.7 -1.07 65.53 240600
PEL.23.06 Jun 919 3.68 7.53 4044700 CIPLA.23.06 Jun 1009.8 -0.93 37.83 6955000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MFSL.23.06 Jun 796.85 6.88 -7.5 2868450 INDUSTOWER.23.06 Jun 162.3 -1.99 -4.49 35809200
ABCAPITAL.23.06 Jun 192.3 5.78 -2.06 13867200 RAIN.23.06 Jun 166.8 -1.91 -13.03 6237000
RBLBANK.23.06 Jun 174.1 4.94 -11.22 30110000 BALRAMCHIN.23.06 Jun 381 -1.89 -16.57 3344000
METROPOLIS.23.06 Jun 1506.15 4.74 -4.3 773600 DEEPAKNTR.23.06 Jun 2196.85 -1.73 -32.08 552000
DELTACORP.23.06 Jun 251.55 4.38 -18.16 3267600 IGL.23.06 Jun 475.65 -1.53 -11.92 3342625


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Reliance Industries Ltd 2496.45 0.04 4471687 4605047 78.94 Nifty50 18817.4 0.68 105075
United Breweries Limited 1498.75 0.17 131504 235631 76.99 Niftybank 44121.5 1.1 105027
Mphasis Limited 1839.25 1.39 443340 781471 76.6 Nifty it 28800.15 0.73 105027
Bharti Airtel Limited 864.9 1.52 5533649 3308843 74.66 India Vix 10.78 -5.46 105312
Hdfc Ltd. 2761.85 1.53 8246786 3082923 73.95 Nifty Fmcg 51598.6 -0.07 105027
Titan Company Limited 2975.7 0.1 913730 610414 72.69 Nifty Pharma 13426.9 0.29 105027
Tata Consultancy Serv Lt 3197.35 0.24 863542 1418808 71.7 Nifty Realty 514.85 1.24 105027
Havells India Limited 1285.9 -0.35 953208 719960 71 Nifty Auto 14729.9 0.08 105027
Sbi Life Insurance Compa 1286.4 1.58 1650539 709813 70.28 Nifty Metal 6127.65 0.73 105027
Bata India Ltd. 1662.85 1.19 537172 251860 69.85 Nifty Financial Services 19788.5 1.37 105024


   Domestic                                                                                                                                                  International
INR: Federal Fiscal Deficit (May) on 30th June, 2023

INR: RBI Monetary and Credit Information Review on 30th June, 2023

 USD: Fed Chair Powell Speaks on 28th June, 2023

USD: Crude Oil Inventories  (MoM) (May) on 28th June, 2023


  • Indices close near day’s high, The Sensex was up 446.03 points or 0.71 percentat 63,416.03, and the Nifty was up 126.20 points or 0.68percentat 18,817.40. Nifty again failed to breach the all-time high levels, closing about 70 points shy of the level.

  • The merger between the country’s largest private sector bank, HDFC Bank, and mortgage lender, HDFC Ltd is expected to be completed by July 1, said Deepak Parekh, Chairman, Housing Development Finance Corporation Ltd (HDFC).

  • Market regulator the Securities and Exchange Board of India (SEBI) has approved Tata Technologies Ltd’s initial public offering (IPO), the first public issue from the Tata group in nearly 20 years.

  • India’s current account deficit (CAD) fell to just $1.3 billion in the January-March period, data released by the Reserve Bank of India (RBI) on June 27 showed, helped by cooling oil prices and a booming services sector.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AAVAS General 28-Jun-23 ISEC General 29-Jun-23
AMBOAGRI Audited Results 28-Jun-23 LATIMMETAL Right Issue of Equity Shares 29-Jun-23
BPCL General 28-Jun-23 LOOKS General 29-Jun-23
BRAHMINFRA General 28-Jun-23 MONIND General 29-Jun-23
BRRL General 28-Jun-23 SIGACHI Increase in Authorised Capital;Preferential Issue of shares;General 29-Jun-23
CANBK General 28-Jun-23 STDSHOE General 29-Jun-23
HBLPOWER General 28-Jun-23 UNQTYMI A.G.M.;General 29-Jun-23
KAMOPAINTS Bonus issue;General 28-Jun-23 VCU General 29-Jun-23
LANCORHOL General 28-Jun-23 AMRUTANJAN Buy Back of Shares 30-Jun-23
MANGIND General 28-Jun-23 ASIANENE General 30-Jun-23
PRAVEG Issue Of Warrants;Preferential Issue of shares;General 28-Jun-23 BODHTREE Audited Results 30-Jun-23
PRESSURS General 28-Jun-23 CEETAIN Audited Results 30-Jun-23
PROCLB General 28-Jun-23 CIGNITI General 30-Jun-23
REGENCY General 28-Jun-23 DPL Quarterly Results;Audited Results 30-Jun-23
SHUKRAPHAR General 28-Jun-23 EIKO Right Issue of Equity Shares 30-Jun-23
UVDRHOR Preferential Issue of shares 28-Jun-23 HYBRIDFIN Amalgamation;General 30-Jun-23
YASHRAJC A.G.M.;General 28-Jun-23 ICSL General 30-Jun-23
YUKEN Preferential Issue of shares 28-Jun-23 INDAGIV Audited Results 30-Jun-23
AUBANK A.G.M.;General 29-Jun-23 JCTLTD Quarterly Results;Audited Results 30-Jun-23
DECCAN General 29-Jun-23 MUKESHB A.G.M. 30-Jun-23
GALACTICO General 29-Jun-23 NIBL General 30-Jun-23
HARDWYN General 29-Jun-23 NOVIS Audited Results 30-Jun-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
AEGISLOG 30-Jun-23 Final Dividend – Rs. – 1.2500 WELENT 30-Jun-23 Final Dividend – Rs. – 1.0000
ALUFLUOR 30-Jun-23 Final Dividend – Rs. – 2.0000 AXTEL 03-Jul-23 Final Dividend – Rs. – 3.0000
BAJAJ-AUTO 30-Jun-23 Final Dividend – Rs. – 140.0000 BALAMINES 03-Jul-23 Final Dividend – Rs. – 10.0000
BAJAJFINSV 30-Jun-23 Final Dividend – Rs. – 0.8000 GEOJITFSL 03-Jul-23 Final Dividend – Rs. – 1.5000
BAJAJHLDNG 30-Jun-23 Final Dividend – Rs. – 13.0000 JYOTHYLAB 03-Jul-23 Final Dividend – Rs. – 3.0000
BAJFINANCE 30-Jun-23 Final Dividend – Rs. – 30.0000 ALKYLAMINE 04-Jul-23 Final Dividend – Rs. – 10.0000
BANDARAM 30-Jun-23 Right Issue of Equity Shares ATFL 04-Jul-23 Final Dividend – Rs. – 3.0000
BANKBARODA 30-Jun-23 Dividend – Rs. – 5.5000 KANSAINER 04-Jul-23 Bonus issue 1:2
CANFINHOME 30-Jun-23 Final Dividend – Rs. – 2.0000 MOTILALOFS 04-Jul-23 Final Dividend – Rs. – 3.0000
DDEVPLASTIK 30-Jun-23 Bonus issue 1:10 NATHBIOGEN 04-Jul-23 Final Dividend – Rs. – 2.0000
ESCORTS 30-Jun-23 Final Dividend – Rs. – 7.0000 PSB 04-Jul-23 Final Dividend – Rs. – 0.4800
GLAXO 30-Jun-23 Final Dividend – Rs. – 32.0000 TIDEWATER 04-Jul-23 Final Dividend – Rs. – 15.0000
GRNLAMIND 30-Jun-23 Final Dividend – Rs. – 1.5000 BEPL 05-Jul-23 Bonus issue 1:2
HITECHCORP 30-Jun-23 Final Dividend – Rs. – 1.0000 DEEPAKSP 05-Jul-23 Final Dividend – Rs. – 2.5000
KUANTUM 30-Jun-23 Final Dividend – Rs. – 3.0000 MPHASIS 05-Jul-23 Final Dividend – Rs. – 50.0000
MAHSCOOTER 30-Jun-23 Final Dividend – Rs. – 60.0000 SUNDARMFIN 05-Jul-23 Final Dividend – Rs. – 15.0000
NAM-INDIA 30-Jun-23 Final Dividend – Rs. – 7.5000 ELEMARB 06-Jul-23 Final Dividend – Rs. – 3.3000
NILKAMAL 30-Jun-23 Final Dividend – Rs. – 20.0000 IDBI 06-Jul-23 Dividend – Rs. – 1.0000
SONACOMS 30-Jun-23 Final Dividend – Rs. – 1.5300 KPIL 06-Jul-23 Final Dividend – Rs. – 7.0000
SYNGENE 30-Jun-23 Special Dividend – Rs. – 0.7500 YASHO 06-Jul-23 Dividend – Rs. – 0.5000
SYNGENE 30-Jun-23 Final Dividend – Rs. – 0.5000 ACC 07-Jul-23 Dividend – Rs. – 9.2500
VAIBHAVGBL 30-Jun-23 Final Dividend – Rs. – 1.5000 ADANIENT 07-Jul-23 Dividend – Rs. – 1.2000

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