The NIFTY opened at 18682.35 with a gap up of just 17 points. The Index initially moved lower but found support around 18650 and bounced up sharply. The rally could not last long and prices have moved down after recording its intraday high at 18722.05. Prices have seen multiple swings and every dip today hold 18650 support. The index movies in a sideways manner for the whole day, recorded its intraday low at 18646.70 and finally closed at 18691.20 near its opening tick with a gain of 25.70 points or 0.14% up. All the sectoral Indices have closed with a gain today except OIL GAS which ended with a minor loss. AUTO and PHARMA led the bulls, ending more than 1% higher followed by FMCG and METAL. A trading range inside 18650-18900 remained intact for the past nine trading days. Since the range is very narrow and prices are narrowing daily, we may see a breakout very soon.


The BANK NIFTY opened at 43714.75 with a gap up of 97 points. The index initially consolidated and then broke on the downside after recording its intraday high at 43773.10. Prices have seen a sharp decline and then found support. The index formed a trading range again which lasted till the end. Prices recorded its intraday low at 43541.75 and finally closed at 43653.65 with a gain of just 36 points. PSU BANK underperformed today, saw a mild down move, and closed lower by 0.18%. PVT BANK has outperformed today and ended with a gain of just 0.05%. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while HDFC BANK contributed the lowest. A trading range inside 43400-44500 remained intact. The range is lasting for the past one and a half month. The short-term trend is sideways and we may see a breakout very soon.


RAIN IND 170.15 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 170.90 with a stop loss of 168.25 and a target of 175.45.
FED BANK 121.30 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 121.00 with a stop loss of 121.60 and a target of 119.75.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
APOLLO HOSPITAL  5050 CE BUY 48.70 CMP 30.25 104.00 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
METROPOLIS.23.06 Jun 1440 3.75 0.93 1123200 SHREECEM.23.06 Jun 23805.05 -5.61 2.78 204350
AUROPHARMA.23.06 Jun 720.6 3.02 2.32 7002000 SBICARD.23.06 Jun 846 -1.61 13.11 6246400
DIXON.23.06 Jun 4462.15 2.9 3.18 741125 CHOLAFIN.23.06 Jun 1081.15 -1.09 8.34 7855000
CIPLA.23.06 Jun 1019.8 2.79 26.3 10427950 TCS.23.06 Jun 3198.05 -0.86 6.05 8765050
TATACONSUM.23.06 Jun 863.9 2.54 1.94 7944300 TVSMOTOR.23.06 Jun 1292.7 -0.84 10.49 6375600
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MCX.23.06 Jun 1639.65 4.65 -1.74 1013600 APOLLOTYRE.23.06 Jun 404.65 -1.87 -15.41 7434000
ABCAPITAL.23.06 Jun 182.7 4.34 -9.21 18905400 BSOFT.23.06 Jun 340.35 -1.05 -4.01 5220000
RAIN.23.06 Jun 169.6 3.83 -8.5 7990500 ASTRAL.23.06 Jun 1946.15 -0.98 -5.55 1473138
LAURUSLABS.23.06 Jun 363.7 3.57 -10.49 7023500 BHEL.23.06 Jun 84.2 -0.88 -0.66 76146000
ADANIENT.23.06 Jun 2309 3.3 -19.68 7009500 IBULHSGFIN.23.06 Jun 115.4 -0.86 -8.67 16896000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Ipca Laboratories Ltd. 740.5 1.83 2894091 740920 78.11 Nifty50 18691.2 0.14 87102
Hindustan Unilever Ltd 2652.1 0.4 758700 734329 74.08 Niftybank 43641.05 0.04 87108
Infosys Limited 1270.35 0.42 3403244 5313677 73.4 Nifty it 28590.1 0.13 87108
Tech Mahindra Limited 1111.9 -0.32 1432154 2491073 71.33 India Vix 11.4 1.42 87108
Srf Ltd. 2338.6 0.74 385721 483178 71.22 Nifty Fmcg 51635 0.68 87108
Titan Company Limited 2972.6 1.14 839713 604519 69.54 Nifty Pharma 13388.6 1.53 87108
Cipla Ltd 1021.9 3.28 2313439 1222058 68.79 Nifty Realty 508.55 0.33 87108
Hdfc Ltd. 2720.3 -0.1 4168966 2096620 67.87 Nifty Auto 14717.85 1.15 87105
Alkem 3401.5 1.54 131596 126234 67.35 Nifty Metal 6083.1 0.76 87105
Dabur India Ltd. 569.55 1.1 825926 1033396 67.27 Nifty Financial Services 19521.75 0.03 87108


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

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

 USD: Building Permits on 27th June, 2023

USD: Core Durable Goods Orders (MoM) (May) on 27th June, 2023


  • Benchmark indices ended flat in the volatile session on June 26. At close, the Sensex was down 9.37 points or 0.01percentat 62,970.00, and the Nifty was up 25.70 points or 0.14percentat 18,691.20. About 1,818 shares advanced, 1,715 shares declined, and 170 shares were unchanged.

  • India’s infrastructure story is witnessing its second coming and markets are already getting bullish with their bets on it. Stuck projects are finding financial completion and companies involved in building India’s roads, ports, airports, and rails are seeing an increase in their profit margins. In 2022-23, new investment proposals grew by 36 percent to Rs 30 lakh crore. The fourth quarter witnessed an all-time high level of new investment proposals.

  • L&T Finance Holdings is looking to sell its wholesale loan book to interested banks, non-banking finance companies (NBFC) and funds as it aims to become a 100 percent retail finance company, Raju Dodti, Chief Executive, Wholesale & SME Finance, told Moneycontrol exclusively on June 26.

  • Strategists at JP Morgan Chase believe that US equities could fall sharply, but the market appears to be unmindful of the risks. This raises the possibility of a ‘boil the frog’ recession for the US economy, JP Morgan warns.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
BILLWIN Right Issue of Equity Shares 27-Jun-23 REGENCY General 28-Jun-23
CSLFINANCE Preferential Issue of shares 27-Jun-23 SHUKRAPHAR General 28-Jun-23
EY Preferential Issue of shares;General 27-Jun-23 YASHRAJC A.G.M.;General 28-Jun-23
HAL Final Dividend;Stock  Split 27-Jun-23 AUBANK A.G.M.;General 29-Jun-23
HINDNATGLS General 27-Jun-23 LATIMMETAL Right Issue of Equity Shares 29-Jun-23
INSILCO General 27-Jun-23 MONIND General 29-Jun-23
KAJARIR General 27-Jun-23 STDSHOE General 29-Jun-23
RPEL Bonus issue;A.G.M.;General 27-Jun-23 UNQTYMI A.G.M.;General 29-Jun-23
SPELS Audited Results 27-Jun-23 CEETAIN Audited Results 30-Jun-23
SRMENERGY General 27-Jun-23 DPL Audited Results;Quarterly Results 30-Jun-23
SWANENERGY General 27-Jun-23 ICSL General 30-Jun-23
WEWIN General 27-Jun-23 INDAGIV Audited Results 30-Jun-23
AMBOAGRI Audited Results 28-Jun-23 JCTLTD Audited Results;Quarterly Results 30-Jun-23
BPCL General 28-Jun-23 MUKESHB A.G.M. 30-Jun-23
BRAHMINFRA General 28-Jun-23 NIBL General 30-Jun-23
BRRL General 28-Jun-23 NOVIS Audited Results 30-Jun-23
CANBK General 28-Jun-23 OBCL General 30-Jun-23
HBLPOWER General 28-Jun-23 PADALPO General 30-Jun-23
LANCORHOL General 28-Jun-23 PADMAIND Reduction of Capital;Scheme of Arrangement 30-Jun-23
MANGIND General 28-Jun-23 SAGARSYST A.G.M. 30-Jun-23
PRESSURS General 28-Jun-23 SAMKRG General 30-Jun-23
PROCLB General 28-Jun-23 SRGHFL General 30-Jun-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ANANTRAJ 27-Jun-23 Final Dividend – Rs. – 0.5000 KUANTUM 30-Jun-23 Final Dividend – Rs. – 3.0000
BOMOXY-B1 27-Jun-23 Final Dividend – Rs. – 15.0000 MAHSCOOTER 30-Jun-23 Final Dividend – Rs. – 60.0000
SAGARSOFT 27-Jun-23 Dividend – Rs. – 2.0000 NAM-INDIA 30-Jun-23 Final Dividend – Rs. – 7.5000
SPLPETRO 27-Jun-23 Final Dividend – Rs. – 7.0000 NILKAMAL 30-Jun-23 Final Dividend – Rs. – 20.0000
SRSOLTD 27-Jun-23 Dividend – Rs. – 1.0000 SONACOMS 30-Jun-23 Final Dividend – Rs. – 1.5300
THANGAMAYL 27-Jun-23 Final Dividend – Rs. – 6.0000 SYNGENE 30-Jun-23 Final Dividend – Rs. – 0.5000
WELSPUNIND 27-Jun-23 Final Dividend – Rs. – 0.1000 SYNGENE 30-Jun-23 Special Dividend – Rs. – 0.7500
SKFINDIA 29-Jun-23 Final Dividend – Rs. – 40.0000 VAIBHAVGBL 30-Jun-23 Final Dividend – Rs. – 1.5000
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

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