The NIFTY opened at 18638.85 without any gap. The index initially moved down but soon found support and bounced up. The index rallied and went above 18650. Prices have found strong resistance there and turned down after recording its intraday high at 18668.30. A sharp decline came and then the index started a consolidation process. The index has seen a breakdown and prices fell in the late hour of trading to record its intraday low at 18528.40. Prices have finally closed at 18560.50 with a loss of 82.25 points or 0.44%. ALL the sectoral indices have closed lower today except FMCG which ended with a gain of nearly 1%. MEDIA and REALTY led the bears today and ended with a loss of over 1%. BANK closed almost on a flat note. In case of a gap up above 18730 or a gap down below 18500, wait till 09:30 AM and then look to buy above the first 15 min high. Keep a stop of 80 points and a target of 240 points from your entry price.


The BANK NIFTY opened at 43157.35 without much of a gap. The index initially moved up and went above 43300. Prices have found resistance there and turned down after recording its intraday high at 43327.35. A sharp dip brought prices to its intraday low at 42948.35 and then started moving higher. The index finally closed at 43108.80 with a loss of just 35 points. PSU BANKS have outperformed today and closed with a gain of 0.26%. PVT BANKS have underperformed today and closed lower by 0.36%. Within the index, in terms of points, AXIS BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. It was a volatile day today where prices moved in both directions and closed almost on a flat note. The index continued trading narrowly. The short-term trend is still up. Prices have been moving inside a narrow range within the 42740 – 43340 zones. Today was the 10th day when prices closed within this range. It should see a breakout soon one way or the other as the range is very narrow.


GODREJ CP 898.15 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought above 900.15 with a stop loss of 896.5 and a target of 907.45.
AMAR RAJA BATTERY 648.2 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 645.95 with a stop loss of 650.45 and a target of 635.95.


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
SIEMENS.22.12 Dec 2932.6 5.29 11.9 2249500 LTIMindtree Limited.22.1 4855.3 -3.25 7.82 1647600
HDFCAMC.22.12 Dec 2278.05 3.69 22.11 1626900 PERSISTENT.22.12 Dec 4163.4 -2.9 4.11 471450
PFC.22.12 Dec 143.2 2.95 8.19 49079200 COFORGE.22.12 Dec 4075.05 -2.81 1.62 583950
AUBANK.22.12 Dec 670.9 2.84 5.42 7062000 BPCL.22.12 Dec 331.6 -2.81 4.38 18838800
ICICIGI.22.12 Dec 1255.5 2.32 2.93 3807150 SAIL.22.12 Dec 86.5 -2.7 1.1 107730000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
HINDPETRO.22.12 Dec 235 4.01 -3.74 22364100 DELTACORP.22.12 Dec 229.45 -3.23 9.02 16714100
GODREJCP.22.12 Dec 902.85 1.14 -0.41 5107000 JUBLFOOD.22.12 Dec 541.5 -3.13 6.99 13960000
BANDHANBNK2212Dec 248.95 0.93 -1.14 52592400 MANAPPURAM.2212Dec 119.95 -3.03 4.26 40788000
TORNTPHARM2212Dec 1635.8 0.75 -0.98 1516000 LTIMindtree Limited.22.1 4728.7 -2.68 7.52 1726200
UBL.22.12 Dec 1758 0.69 -1.45 1090400 NAVINFLUOR.22.12 Dec 4318.75 -2.56 1.73 451125


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Icici Bank Ltd. 922.15 -0.05 15675663 0 81.24 Nifty50 18560.5 -0.44 104685
Hdfc Bank Ltd. 1610.45 -0.04 5837360 0 77.19 Niftybank 43098.7 -0.09 104634
Icici Lombard General In 1245.9 2.11 762091 0 75.82 Nifty it 30187.05 -0.84 104634
Lalpathlab 2464.45 -0.87 138923 0 75.28 India Vix 14.08 0.27 104922
Colgate Palmolive (india 1619.85 2.11 363949 0 73.82 Nifty Fmcg 45724.6 0.96 104634
Power Grid Corporation o 221.05 -1.1 4360480 0 70.47 Nifty Pharma 12869.8 -0.66 104634
Divi S Laboratories Limi 3338.25 -0.53 211120 0 70.42 Nifty Realty 457.9 -1.19 104634
Petronet Lng Limited 215.2 0.21 5145444 0 69.9 Nifty Auto 12870.65 -0.8 104634
Bharti Airtel Limited 834 0.08 3771882 0 69.67 Nifty Metal 6709.3 -0.88 104634
Hdfc Ltd. 2659.85 -0.9 2465806 0 67.59 Nifty Financial Services 19180.45 -0.32 104631


   Domestic                                                                                                                                                  International
INR: FX Reserves, USD on 9th December, 2022

INR: CPI (YoY) (Nov) on 12th December, 2022

 USD: Initial Jobless Claims on 8th  December, 2022

USD: CPI (YoY) (Nov) on 13th  December, 2022


  • Benchmark indices ended lower in the volatile session on December 7 with Nifty around 18550.At Close, the Sensex was down 215.68 points or 0.34% at 62,410.68, and the Nifty was down 82.30 points or 0.44% at 18,560.50. About 1464 shares have advanced, 1928 shares declined, and 140 shares are unchanged.

  • Siemens gained over 6 percent on December 7 after the engineering company said it emerged as the lowest bidder for manufacturing 1,200 electric locomotives for the India Railways. The cost of the project is reportedly around Rs 20,000 crore.

  • The government’s 10-year bond yields jumped 6 basis points on Thursday after the Reserve Bank of India on Wednesday signalled that it will remain focused on inflation.

  • UPI users will soon be able to separate and block funds in their accounts for specific use cases, according to a regulatory announcement from the Reserve Bank of India.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
APCL Right Issue of Equity Shares;General;Rights Issue 08-Dec-22 JMJFIN General 10-Dec-22
CAPFIN General 08-Dec-22 QGO General 10-Dec-22
EFCIL General 08-Dec-22 VENLONENT General 10-Dec-22
MFSINTRCRP Quarterly Results 08-Dec-22 AKASHDEEP Stock  Split 12-Dec-22
MODCL General 08-Dec-22 ARAMBHAN General 12-Dec-22
YASHINNO Scheme of Arrangement 08-Dec-22 BODALCHEM General 12-Dec-22
AIML General 09-Dec-22 ESHAMEDIA A.G.M. 12-Dec-22
ARISE General 09-Dec-22 IYKOTHITE General 12-Dec-22
ASTRAMICRO General 09-Dec-22 JAINCO General 12-Dec-22
BAJAJCON Buy Back of Shares 09-Dec-22 KAMAHOLD Buy Back of Shares;General 12-Dec-22
FOCUSIRL A.G.M. 09-Dec-22 PHOSPHATE Amalgamation;General 12-Dec-22
INNOVATORS General 09-Dec-22 PUNJCOMMU General 12-Dec-22
KCLINFRA Right Issue of Equity Shares;Rights Issue 09-Dec-22 AMNPLST General 13-Dec-22
MEDIAONE General 09-Dec-22 WEBSL General 13-Dec-22
PAWANSUT A.G.M. 09-Dec-22 MKEXIM General 14-Dec-22
SCC General 09-Dec-22 TIJARIA General 14-Dec-22
SDBL Right Issue of Equity Shares;Issue Of Warrants;General;Preferential Issue of shares;Rights Issue 09-Dec-22 ZODJRDMKJ General 14-Dec-22
THAMBBI Right Issue of Equity Shares 09-Dec-22 ANKITMETAL General 15-Dec-22
VGUARD General 09-Dec-22 SHREESEC Stock  Split 16-Dec-22
VIPCLOTHNG Issue Of Warrants 09-Dec-22 SBC Buy Back of Shares 19-Dec-22
VLL General 09-Dec-22 PIFL General 21-Dec-22
ACEENGITEC General 10-Dec-22 RHETAN Bonus issue;Increase in Authorised Capital;General;Stock  Split 21-Dec-22
AGARWAL General 10-Dec-22 KSOLVES Quarterly Results 15-Jan-23
FIBERWEB General 10-Dec-22 COFORGE Interim Dividend;Quarterly Results 20-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ALKALI 08-Dec-22 E.G.M. RCF 15-Dec-22 Interim Dividend – Rs. – 1.6000
APTUS 08-Dec-22 Interim Dividend – Rs. – 2.0000 CLEDUCATE 16-Dec-22 Bonus issue 1:1
BLS 08-Dec-22 Bonus issue 1:1 GLOSTERLTD 16-Dec-22 Bonus issue 1:1
CANFINHOME 08-Dec-22 Interim Dividend – Rs. – 1.5000 LANCER 16-Dec-22 Stock  Split From Rs.10/- to Rs.5/-
VALENCIA 12-Dec-22 E.G.M. STCORP 16-Dec-22 Stock  Split From Rs.10/- to Rs.2/-
COSMOFIRST 13-Dec-22 Buy Back of Shares SARTHAKIND 20-Dec-22 Bonus issue 1:3
TELESYS 14-Dec-22 E.G.M. ORCHIDPHAR 22-Dec-22 E.G.M.
BAROEXT 15-Dec-22 E.G.M. PRECWIRE 22-Dec-22 Bonus issue 1:2
RCF 15-Dec-22 Final Dividend – Rs. – 2.5000 NATHIND 23-Dec-22 E.G.M.

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