NIFTY MOVED LOWER FOR THE SECOND DAY; ENDED AROUND 18650 SUPPORT

Long Buildup						Short Buildup
Stocks	Price	Price%	OI %	OI		Stocks	Price	Price%	OI %	OI
						MIDCPNIFTY.23.06 Jun	8010.8	-0.9	8.89	11025
Short Covering						Long Unwinding
Stocks	Price	Price%	OI %	OI		Stocks	Price	Price%	OI %	OI
AUROPHARMA.23.06 Jun	699.5	3.93	-24.16	6843000		ADANIENT.23.06 Jun	2235.3	-6.92	-16.52	8727250
INDUSINDBK.23.06 Jun	1308.2	2.61	-20.98	12224250		PEL.23.06 Jun	883.8	-5.11	-20.94	5885550
DRREDDY.23.06 Jun	5000.55	2.09	-7.37	3099375		ADANIPORTS.23.06 Jun	712.1	-4.4	-12.39	24205625
ABCAPITAL.23.06 Jun	175.1	2.04	-13.15	20822400		AARTIIND.23.06 Jun	502.1	-4.38	-8.75	4466750
BHARTIARTL.23.06 Jun	855.15	1.58	-23.22	29172600		AMBUJACEM.23.06 Jun	425.95	-4.23	-12.81	41142600

TOP DELIVERY PERCENTAGE

Stocks	Price	%Chg	Total Qty	Delivery	Del %			% Change
							Sectors	Price	Change %	Quantity
Bata India Ltd.	1625.5	-0.67	133758	388512	79.84		Nifty50	18665.5	-0.56	30645292
Alkem	3349.95	0.02	187418	199762	78.02		Niftybank	43622.9	-0.23	13125434
Cipla Ltd	989.4	-0.89	1776614	2191651	76.83		Nifty it	28554.25	-0.89	895734
Hdfc Ltd.	2723.15	0.27	3089041	4618301	76.49		India Vix	11.24	-2.68	500092519
Container Corp Of India	642.4	-0.01	653943	808386	75.28		Nifty Fmcg	51283.75	-0.53	291749
Bharti Airtel Limited	854.8	1.42	7667340	3228273	73.7		Nifty Pharma	13186.3	0.15	43454308
Voltas Ltd.	750.5	-4.04	4692817	1346727	69.34		Nifty Realty	506.9	-0.62	1126778980
Gail (india) Limited	105.05	0.57	7880417	11181292	68.83		Nifty Auto	14550.2	-1.03	39184084
Abbott India Limited	22659.3	0.46	8049	7024	68.79		Nifty Metal	6037.2	-2.48	93961346
Tech Mahindra Limited	1115.5	-0.32	3492348	1583570	67.08		Nifty Financial Services	19515.05	-0.4	4248540

UPCOMING ECONOMIC DATA   

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

NEWS UPDATES

• The benchmark indices ended lower for the second consecutive session on June 23 with Nifty below 18,700 amid selling across the sectors. At close, the Sensex was down 259.52 points or 0.41 percent at 62,979.37, and the Nifty was down 105.80 points or 0.56 percent at 18,665.50.

• India’s Reliance Jio Infocomm Ltd. is in talks to raise a loan for about $1.6 billion to fund the purchase of equipment from Nokia Oyj, acc. to people familiar with the matter. Banks involved in the discussions with billionaire Mukesh Ambani’s telecoms company include Citigroup Inc., HSBC Holdings Plc. and JPMorgan Chase & Co.

• PKH Ventures Ltd initial public offering will open for subscription on June 30 and close on July 4. The allotment will be on July 7, initiation of refunds will be on July 10 and listing on exchanges will be on July 12. The IPO consists of a fresh issue of upto 18.26 million shares and an offer for sale of upto 7.73 million shares by its promoter Pravin Kumar Agarwal. Currently, Pravin Kumar Agarwal holds 63.69 percent stake in the firm.

• Agrochemical player UPL Ltd. will transfer its specialty chemicals business to its wholly-owned subsidiary, UPL Speciality Chemicals Ltd., for a consideration of Rs 3,572 crore. The transaction will be done on a slump sale basis, according to its exchange filing.

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

BOARD MEETINGS

Company Name	Purpose	Meeting Date	Company Name	Purpose	Meeting Date
AFFORDABLE	General	26-Jun-23	AMBOAGRI	Audited Results	28-Jun-23
CUB	A.G.M.;General	26-Jun-23	BPCL	General	28-Jun-23
ESARIND	General	26-Jun-23	BRAHMINFRA	General	28-Jun-23
MAHALXSE	General	26-Jun-23	CANBK	General	28-Jun-23
MARG	Audited Results	26-Jun-23	HBLPOWER	General	28-Jun-23
MAYURFL	General	26-Jun-23	MANGIND	General	28-Jun-23
RANDER	Audited Results;General	26-Jun-23	PROCLB	General	28-Jun-23
SBECSYS	Reduction of Capital	26-Jun-23	SHUKRAPHAR	General	28-Jun-23
SVRL	General	26-Jun-23	YASHRAJC	A.G.M.;General	28-Jun-23
TILAK	General	26-Jun-23	LATIMMETAL	Right Issue of Equity Shares	29-Jun-23
BILLWIN	Right Issue of Equity Shares	27-Jun-23	STDSHOE	General	29-Jun-23
CSLFINANCE	Preferential Issue of shares	27-Jun-23	UNQTYMI	A.G.M.;General	29-Jun-23
EY	Preferential Issue of shares;General	27-Jun-23	DPL	Audited Results;Quarterly Results	30-Jun-23
HAL	Final Dividend;Stock  Split	27-Jun-23	INDAGIV	Audited Results	30-Jun-23
HINDNATGLS	General	27-Jun-23	MUKESHB	A.G.M.	30-Jun-23
INSILCO	General	27-Jun-23	NIBL	General	30-Jun-23
KAJARIR	General	27-Jun-23	NOVIS	Audited Results	30-Jun-23
RPEL	Bonus issue;A.G.M.;General	27-Jun-23	OBCL	General	30-Jun-23
SPELS	Audited Results	27-Jun-23	PADALPO	General	30-Jun-23
SRMENERGY	General	27-Jun-23	SAGARSYST	A.G.M.	30-Jun-23
SWANENERGY	General	27-Jun-23	SAMKRG	General	30-Jun-23
WEWIN	General	27-Jun-23	SUPERHOUSE	General	30-Jun-23

Corporate Action

Company Name	Ex-Date	Purpose	Company Name	Ex-Date	Purpose
TAPARIA	26-Jun-23	Final Dividend – Rs. – 77.5000	KUANTUM	30-Jun-23	Final Dividend – Rs. – 3.0000
TATACOMM	26-Jun-23	Final Dividend – Rs. – 21.0000	MAHSCOOTER	30-Jun-23	Final Dividend – Rs. – 60.0000
ANANTRAJ	27-Jun-23	Final Dividend – Rs. – 0.5000	NAM-INDIA	30-Jun-23	Final Dividend – Rs. – 7.5000
BOMOXY-B1	27-Jun-23	Final Dividend – Rs. – 15.0000	NILKAMAL	30-Jun-23	Final Dividend – Rs. – 20.0000
SAGARSOFT	27-Jun-23	Dividend – Rs. – 2.0000	SONACOMS	30-Jun-23	Final Dividend – Rs. – 1.5300
SPLPETRO	27-Jun-23	Final Dividend – Rs. – 7.0000	SYNGENE	30-Jun-23	Final Dividend – Rs. – 0.5000
THANGAMAYL	27-Jun-23	Final Dividend – Rs. – 6.0000	SYNGENE	30-Jun-23	Special Dividend – Rs. – 0.7500
WELSPUNIND	27-Jun-23	Final Dividend – Rs. – 0.1000	VAIBHAVGBL	30-Jun-23	Final Dividend – Rs. – 1.5000
SKFINDIA	29-Jun-23	Final Dividend – Rs. – 40.0000	WELENT	30-Jun-23	Final Dividend – Rs. – 1.0000
AEGISLOG	30-Jun-23	Final Dividend – Rs. – 1.2500	AXTEL	03-Jul-23	Final Dividend – Rs. – 3.0000
ALUFLUOR	30-Jun-23	Final Dividend – Rs. – 2.0000	BALAMINES	03-Jul-23	Final Dividend – Rs. – 10.0000
BAJAJ-AUTO	30-Jun-23	Final Dividend – Rs. – 140.0000	GEOJITFSL	03-Jul-23	Final Dividend – Rs. – 1.5000
BAJAJFINSV	30-Jun-23	Final Dividend – Rs. – 0.8000	JYOTHYLAB	03-Jul-23	Final Dividend – Rs. – 3.0000
BAJAJHLDNG	30-Jun-23	Final Dividend – Rs. – 13.0000	ALKYLAMINE	04-Jul-23	Final Dividend – Rs. – 10.0000
BAJFINANCE	30-Jun-23	Final Dividend – Rs. – 30.0000	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	DEEPAKSP	05-Jul-23	Final Dividend – Rs. – 2.5000
HITECHCORP	30-Jun-23	Final Dividend – Rs. – 1.0000	MPHASIS	05-Jul-23	Final Dividend – Rs. – 50.0000

Disclosure in pursuance of Section 19 of SEBI (RA) Regulation 2014Elite Wealth Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only information in making their investment decision and must exercise their own judgment before making any investment decision.For analyst certification and other important disclosures, see the Disclosure Appendix, or go to www.elitewealth.in. Analysts employed by Elite Wealth Limited are registered/qualified as research analysts with SEBI in India.( SEBI Registration No.: INH100002300)Disclosure AppendixAnalyst Certification (For Reports)Kiran Tahlani, Elite Wealth Limited, kirantahlani@elitestock.comThe analyst(s) certify that all of the views expressed in this report accurately reflect my/our personal views about the subject company or companies and its or their securities. I/We also certify that no part of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed in this report. Unless otherwise stated, the individuals listed on the cover page of this report are analysts in Elite Wealth Limited.As to each individual report referenced herein, the primary research analyst(s) named within the report individually certify, with respect to each security or issuer that the analyst covered in the report, that:(1) all of the views expressed in the report accurately reflect his or her personal views about any and all of the subject securities or issuers; and(2) no part of any of the research analyst’s compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in the report.For individual analyst certifications, please refer to the disclosure section at the end of the attached individual notes.Research ExcerptsThis note may include excerpts from previously published research. For access to the full reports, including analyst certification and important disclosures, investment thesis, valuation methodology, and risks to rating and price targets, please visit www.elitewealth.in.Company-Specific DisclosuresImportant disclosures, including price charts, are available and all Elite Wealth Limited covered companies by visiting https://www.elitewealth.in, or e-mailing research@elitestock.com with your request. Elite Wealth Limited may screen companies based on Strategy, Technical, and Quantitative Research. For important disclosures for these companies, please e-mail research@elitestock.com.Options related research:If the information contained herein regards options related research, such information is available only to persons who have received the proper option risk disclosure documents. For a copy of the risk disclosure documents, please contact your Broker’s Representative or visit the OCC’s website at https://www.elitewealth.inOther DisclosuresAll research reports made available to clients are simultaneously available on our client websites. Not all research content is redistributed, e-mailed or made available to third-party aggregators. For all research reports available on a particular stock, please contact your respective broker’s sales person.Ownership and material conflicts of interest DisclosureElite Wealth Limited policy prohibits its analysts, professionals reporting to analysts from owning securities of any company in the analyst’s area of coverage. Analyst compensation: Analysts are salary based permanent employees of Elite Wealth Limited. Analyst as officer or director: Elite Wealth Limited policy prohibits its analysts, persons reporting to analysts from serving as an officer, director, board member or employee of any company in the analyst’s area of coverage.Country Specific DisclosuresIndia – For private circulation only, not for sale.Legal Entities DisclosuresMr. Ravinder Parkash Seth is the Managing Director of Elite Wealth  Ltd (EWL, henceforth), having its registered office at Casa Picasso, Golf Course Extension, Near Rajesh Pilot Chowk, Radha Swami, Sector-61, Gurgaon-122001 Haryana, is a SEBI registered Research Analyst and is regulated by Securities and Exchange Board of India. Telephone: 011-43035555, Facsimile: 011-22795783 and Website: www.elitewealth.inEWL discloses all material information about itself including its business activity, disciplinary history, the terms and conditions on which it offers research report, details of associates and such other information as is necessary to take an investment decision, including the following:

• Reports
• a) EWL or his associate or his relative has no financial interest in the subject company and the nature of such financial interest;

(b) EWL or its associates or relatives, have no actual/beneficial ownership of one per cent. or more in the securities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance;(c) EWL or its associate or his relative, has no other material conflict of interest at the time of publication of the research report or at the time of public appearance;

• Compensation

(a) EWL or its associates have not received any compensation from the subject company in the past twelve months;(b) EWL or its associates have not managed or co-managed public offering of securities for the subject company in the past twelve months;(c) EWL or its associates have not received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past twelve months;(d) EWL  or its associates have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months;(e) EWL or its associates have not received any compensation or other benefits from the subject company or third party in connection with the research report.3 In respect of Public Appearances
(a) EWL or its associates have not received any compensation from the subject company in the past twelve months;
(b) The subject company is not now or never a client during twelve months preceding the date of distribution of the research report and the types of services provided by EWLProvided that research analyst or research entity shall not be required to make a disclosure as per sub-clauses (c), (d) and (e) of clause (ii) or sub-clauses (a) and (b) of clause (iii) to the extent such disclosure would reveal material non-public information regarding specific potential future investment banking or merchant banking or brokerage services transactions of the subject company.
(4) EWL or its proprietor has never served as an officer, director or employee of the subject company;
(5) EWL has never been engaged in market making activity for the subject company;
(6) EWL shall provide all other disclosures in research report and public appearance as specified by the Board under any other regulations.