The NIFTY opened at 18045.70 with a gap down of 77 points. The index initially moved further on the downside but soon found support and bounced up sharply. Prices have recorded its intraday low at 17992.80 and started rising. The rally continued for the rest of the day and prices have crossed above 18200 to record its intraday high at 18229.70. The NIFTY finally closed at 18191 near its day’s high with a gain of 68.50 points or 0.38% up. OIL GAS, METAL outperformed today and ended with a gain of over 1% followed by BANK which ended with a gain of 0.99% MEDIA and FMCG underperformed today and ended with a loss. The short term remained sideways as the NIFTY is still trading inside the 18000-18300 range. Today prices have found strong support around 18000 and bounced up sharply. This has changed the bias on the upside.


The BANK NIFTY opened at 42684.90 with a gap down of 100 points. The index moved further on the downside and then found intraday support around 42500. The index bounced up sharply after recording its intraday low at 42489.80 and kept on moving higher till the end. Prices have recorded its intraday high at 43498.05 and finally dosed at 43325.60 with a gain of 541 points. PSU and PVT BANKS both indices have performed almost the same today, saw a sharp intraday rally, and closed with a gain of 0.72% & 1.03% respectively. Within the index, in terms of points, SBIN contributed the highest on the upside while KOTAK BANK contributed the lowest BANK NIFTY recovered sharply from the early morning weakness and settled around its day’s high with some gains. The last two days of narrow price movement led to a sharp rally today. The short-term trend is still sideways but the bias is bullish now. Another higher closing may change it to be on the upside. Support is now visible around 42700. Tomorrow, we should look for a buying opportunity. The idea is to wait till 09:30 AM and then look to buy above the high recorded. Keep a stop of 300 points and a target of 800 points.


HDFC 2675.40 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at 2680 with a stop loss of 2656 and a target of 2730.
GRANULES 1545.20 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 1539.85 with a stop loss of 1553.50 and a target of 1517.35.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
VEDL  310 CE BUY 11.50 CMP 9.55 15.90 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
BANKBARODA2212Dec 187.25 3.22 38.88 43272450 PAGEIND.22.12 Dec 43292.65 -2.7 27.69 23520
ABCAPITAL.22.12 Dec 152 2.88 3.03 7700400 MUTHOOTFIN.22.12 Dec 1057.05 -2.3 13.64 1621875
FEDERALBNK.22.12 Dec 136.75 2.74 7.25 37780000 GRANULES.22.12 Dec 320.9 -1.94 19.9 1892000
EICHERMOT.22.12 Dec 3295 2.53 7.33 610050 ABB.22.12 Dec 2678.8 -1.57 10.3 492500
SBIN.22.12 Dec 613.7 2.08 10.95 10840500 APOLLOHOSP.22.12 Dec 4532.6 -1.31 3.44 338375
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IBULHSGFIN.22.12 Dec 156.4 6.43 -47.49 3892000 AMARAJABAT.22.12 Dec 547.95 -3.85 -3.87 2285000
INDIAMART.22.12 Dec 4325.65 3.66 -1.28 80700 SHREECEM.22.12 Dec 23350 -3.61 -57.11 9725
JINDALSTEL.22.12 Dec 594.2 2.87 -43.43 1610000 Shriram Finance Limited. 1314.35 -2.3 -0.93 2355000
RBLBANK.22.12 Dec 177.15 2.64 -27.83 5705000 JKCEMENT.22.12 Dec 2945.9 -2.3 -17.78 83250
CANBK.22.12 Dec 323.95 2.52 -14.42 6841800 GNFC.22.12 Dec 548.65 -1.68 -5.03 1644500


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Torrent Pharma Ltd. 1561.45 -0.88 485039 0 83.17 Nifty50 18191 0.38 109050
Hdfc Ltd. 2675.4 0.15 1953701 0 76.18 Niftybank 43252.35 0.99 109050
Hdfc Bank Ltd. 1641.3 0.71 5506448 0 73.89 Nifty it 28687.2 0.36 109050
Colgate Palmolive (india 1545.2 -1.02 349612 0 68 India Vix 14.81 -3.83 109050
Piind 3415.55 -1.08 160096 0 66.39 Nifty Fmcg 44508 -0.18 109050
Kotak Mahindra Bank Limi 1818.75 -0.07 2154490 0 64.26 Nifty Pharma 12634.3 0.08 109050
Icici Bank Ltd. 908.05 1.01 11994220 0 63.6 Nifty Realty 427.75 0.14 109050
Dabur India Ltd. 560.95 -1.44 1761390 0 63.3 Nifty Auto 12634.6 0.23 109050
Infosys Limited 1517.55 0.49 4624745 0 63.25 Nifty Metal 6687.1 1.08 109050
Abbott India Limited 21726.2 0.38 16010 0 62.68 Nifty Financial Services 19090.6 0.57 109047


   Domestic                                                                                                                                                  International
INR: Federal Fiscal Deficit (Nov) on 30th December, 2022

INR: Infrastructure Output (YoY) (Nov) on 30th December, 2022

 USD: JOLTs Job Openings (Nov) on 4th  January, 2023

USD: ISM Manufacturing PMI (Dec) on 4th  January, 2023


  • Benchmark indices ended higher in the volatile session amid volatility on December expiry day.At Close, the Sensex was up 223.60 points or 0.37% at 61,133.88, and the Nifty was up 68.50 points or 0.38% at 18,191.00. About 1821 shares have advanced, 1555 shares declined, and 140 shares are unchanged.

  • Honasa Consumer Private Ltd, the first unicorn of 2022 and the parent firm of brands such as Mamaearth, The Derma Co and BBlunt has filed draft papers with Sebi for listing to raise funds through a combination of a fresh issue and an offer-for-sale.

  • Consumer price index (CPI) inflation is expected to ease to about 5.3 percent in the next financial year, aided by a correction in commodity prices, Swati Arora, Economist at HDFC Bank, said in an interview to Moneycontrol.

  • KFin Technologies stocks opened at Rs 367 and has been trying hard to hold its issue price of Rs 366, though it managed to hit an intraday high of Rs 373 in middle of trade. So far, it traded with volume of 63 lakh shares on the NSE, and over 4 lakh shares on the BSE at the time of writing this article.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
DHRUVCA Increase in Authorised Capital;Preferential Issue of shares 30-Dec-22 RACE General 02-Jan-23
FLFL Quarterly Results;General 30-Dec-22 SANGHIIND General 02-Jan-23
GGL General 30-Dec-22 ANKITMETAL General 03-Jan-23
INDOUS General 30-Dec-22 BRANDBUCKT General 03-Jan-23
MANORG General 30-Dec-22 KARNAVATI Stock  Split 03-Jan-23
NARPROP General 30-Dec-22 QGO General 03-Jan-23
PSB General 30-Dec-22 SBIN General 03-Jan-23
RHETAN General 30-Dec-22 TIMETECHNO General 03-Jan-23
VIKASWSP Audited Results 30-Dec-22 TOKYOFIN General 03-Jan-23
WELENT Interim Dividend;Buy Back of Shares 30-Dec-22 VIVANTA Preferential Issue of shares;General 03-Jan-23
ABIRAFN Audited Results 31-Dec-22 ABHIJIT Increase in Authorised Capital 04-Jan-23
ADITYA General 31-Dec-22 AMITINT Quarterly Results 04-Jan-23
BCCL General 31-Dec-22 IRB Stock  Split 04-Jan-23
CHITRTX General 31-Dec-22 KCDGROUP Increase in Authorised Capital;Stock  Split;General 04-Jan-23
MERMETL General 31-Dec-22 SCL Increase in Authorised Capital 04-Jan-23
MISHTANN Right Issue of Equity Shares 31-Dec-22 SHRINIWAS Increase in Authorised Capital 04-Jan-23
MUTHTFN General 31-Dec-22 JANUSCORP Increase in Authorised Capital 05-Jan-23
NIBE Preferential Issue of shares;Issue Of Warrants 31-Dec-22 KPEL Stock  Split;General 05-Jan-23
NIHARINF Preferential Issue of shares;General 31-Dec-22 SAMINDUS General 05-Jan-23
RUCHINFRA Issue Of Warrants 31-Dec-22 SUPREMEINF Quarterly Results;General 05-Jan-23
SUPRAP General 31-Dec-22 SYMBIOX Right Issue of Equity Shares;Rights Issue 05-Jan-23
ASHAPURMIN Issue Of Warrants 02-Jan-23 VISHWARAJ General 05-Jan-23
COASTCORP Right Issue of Equity Shares;General 02-Jan-23 VLSFINANCE General 05-Jan-23
INVENTURE Rights Issue;General 02-Jan-23 DRA General 06-Jan-23
NITTAGELA Right Issue of Equity Shares 02-Jan-23 INOXGREEN General 06-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
NAYSAA 30-Dec-22 Bonus issue 15:10 GLCL 06-Jan-23 Bonus issue 1:1
RAJPALAYAM 30-Dec-22 Right Issue of Equity Shares JAGRAN 06-Jan-23 Buy Back of Shares
SMLT 30-Dec-22 Interim Dividend – Rs. – 1.0000 RAMASTEEL 06-Jan-23 Bonus issue 4:1
TIPSINDLTD 30-Dec-22 Buy Back of Shares OMKAR 09-Jan-23 E.G.M.
VISAGAR 30-Dec-22 Right Issue of Equity Shares VIVANTA 09-Jan-23 E.G.M.
TIJARIA 02-Jan-23 E.G.M. INDOWIND 13-Jan-23 Right Issue of Equity Shares
FAMILYCARE 03-Jan-23 Right Issue of Equity Shares SOFTSOL 13-Jan-23 Buy Back of Shares
SHRIRAMFIN 03-Jan-23 Interim Dividend – Rs. – 15.0000 VISHNU 13-Jan-23 Stock  Split From Rs.10/- to Rs.2/-
GMPL 04-Jan-23 Bonus issue 6:1 NEWMKTADV 16-Jan-23 E.G.M.
SECURCRED 04-Jan-23 Bonus issue 3:1 KPIGREEN 18-Jan-23 Bonus issue 1:1
SPLPETRO 05-Jan-23 Stock  Split From Rs.4/- to Rs.2/- HCLTECH 19-Jan-23 Interim Dividend

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