The NIFTY opened at 19241 with a big gap up of 108 points. Prices initially moved sideways and then started moving up but found resistance very quickly just below 19300. Prices could not break higher and started moving downward after recording its intraday high at 19276.25. Prices broke down early morning lows but could not go much down. The index recorded its intraday low at 19210.90 and moved sideways in the last 30 minutes of trading. Prices finally closed at 19230.60 just below the opening tick with a gain of 97.35 points or 0.51% up. All the sectoral indices have moved higher today and closed with gains. The REALTY outperformed today and dosed with a gain of 2.54% followed by MEDIA, BANK, and OIL GAS. The short-term trend is sideways. Support is visible around 18800 while resistance is visible around 19300.


The BANK NIFTY opened at 43318.30 with a big gap up of 285 points. The index recorded its intraday low at 43221 within the first ten minutes of trading and started moving higher. However, prices have found resistance very quickly and then started moving sideways. The consolidation continued till the end, prices recorded its intraday high at 43416.10 and finally closed at 43306.95 with a gain of 273 points. PSU and PVT BANK both indices have performed almost the same today, saw a mild upside move, and closed with a gain of 0.62% & 0.67% respectively. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while INDUSIND BANK contributed the lowest. The short-term trend is sideways now. Support is visible around 42100 while resistance is visible around 43500.


ICICI BANK 933.80 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 934.65 with a stop loss of 920.85 and a target of 969.15.
GLEMARK PHARMA 746.60 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 744.65 with a stop loss of 762.80 and a target of 700.50.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
CIPLA  1200 CE BUY 29.30 CMP 24.70 43.35 BREAKOUT


Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
LALPATHLAB.23.11 Nov 2607.7 6.08 10.64 957600 CHOLAFIN.23.11 Nov 1136.7 -4.06 9.76 13866250
APOLLOHOSP.23.11 Nov 5172.45 5.15 6.14 2333125 MRF.23.11 Nov 107769.6 -3.11 26.92 54665
L&TFH.23.11 Nov 141.5 4.78 6.72 59701560 BAJAJFINSV.23.11 Nov 1544.55 -2.33 6.68 8255000
MCX.23.11 Nov 2526.85 4.6 19.28 3036800 MOTHERSON.23.11 Nov 90.85 -1.94 7.23 79605200
CONCOR.23.11 Nov 715.65 4.54 1.17 5859000 DRREDDY.23.11 Nov 5294.7 -1.51 6.54 3124750
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
ATUL.23.11 Nov 6440.3 3.54 -5.74 364875 INDUSTOWER.23.11 Nov 188.95 -1.2 -3.81 70125000
LICHSGFIN.23.11 Nov 465.1 3.16 -14.57 23646000 DIXON.23.11 Nov 5306.05 -1.11 -1.68 1021800
SHRIRAMFIN.23.11 Nov 2002.45 3.03 -0.41 7267200 ICICIGI.23.11 Nov 1367.15 -0.97 -0.44 2971500
EICHERMOT.23.11 Nov 3437.3 2.59 -4.41 2809625 COLPAL.23.11 Nov 2089.85 -0.89 -1.44 3243800
NAUKRI.23.11 Nov 4261.7 2.59 -0.47 1554300 GNFC.23.11 Nov 695.3 -0.86 -2.05 10540400

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Container Corp Of India 713.75 4.58 4841128 757920 80.94 Nifty50 19230.6 0.51 32413358
Crompton Greaves Consume 286.55 1.22 1376265 1550976 69.88 Niftybank 43318.25 0.7 14391862
Oracle Fin Serv Soft Ltd 3933.9 0.63 21661 46799 69.48 Nifty it 30779.95 0.64 663140
Hdfc Bank Ltd. 1483.75 0.47 9047670 15705946 69.46 India Vix 10.88 -1.81 568175210
Oil & Natural Gas Corp 190 2.04 7464912 7944060 69.25 Nifty Fmcg 51901.5 0.61 410791
Indiamart Intermesh Limi 2590.85 1.02 320471 218188 68.12 Nifty Pharma 14882.35 0.32 41832031
Marico Limited 528.05 -1.15 2163631 535006 66.64 Nifty Realty 643.75 2.54 974184509
Abb Limited 4167.5 2.22 183990 112843 66.3 Nifty Auto 16045.4 0.61 38786656
Alkem 3808.95 0.44 261006 212936 66.27 Nifty Metal 6479.15 0.47 96103119
Bharat Forge Ltd 1030.85 -0.11 438050 308900 65.89 Nifty Financial Services 19367.4 0.5 3645256

Upcoming Economic Data

   Domestic                                                                                                                                                  International
INR: Thomson Reuters IPSOS PCSI (MoM) (Nov) on 10th November, 2023

INR: Manufacturing Output (MoM) (Sep) on 10th October, 2023

USD: Fed Chair Powell Speaks on 8th November, 2023

USD: Crude Oil Inventories on 8th November, 2023

News Updates

  • Indian benchmark indices ended higher for the second consecutive session on November 3 with Nifty above 19,200. At close, the Sensex was up 282.88 points or 0.44 percent at 64,363.78, and the Nifty was up 97.30 points or 0.51 percent at 19,230.60. About 2215 shares advanced, 1351 shares declined, and 124 shares unchanged.

  • Adani Enterprises on November 2 reported its consolidated net profit at Rs 227.82 crore, down 50.57 percent from Rs 460.94 crore in the same quarter last year. Zomato recorded a second consecutive quarter of net profit in the September quarter at Rs 36 crore, while revenue rose 71 percent to Rs 2,848 crore in a period when the broader e-commerce sector is reeling under the pressure of high inflation and muted demand. During the same quarter last year, Zomato had posted a net loss of Rs 302 crore while its revenues stood at Rs 1,661 crore.

  • Titan Company Ltd. on November 3 reported a consolidated net profit of Rs 916 crore for the September quarter of FY24, registering an increase of 9.7 percent from Rs 835 crore in the same quarter of the previous financial year.The company reported a 21.16 percent rise in profit from Rs 756 crore in the previous quarter.

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

Board Meetings

Company Name Purpose Meeting Date Company Name Purpose Meeting Date
A2ZINFRA Quarterly Results 06-Nov-23 BIHSPONG Quarterly Results 06-Nov-23
AAL General;Quarterly Results 06-Nov-23 BIKAJI Quarterly Results 06-Nov-23
ADANIENSOL Quarterly Results 06-Nov-23 BIRLAPREC Quarterly Results 06-Nov-23
AIAENG Quarterly Results 06-Nov-23 BIZOTIC General;Half Yearly Results 06-Nov-23
AKSHAR Quarterly Results 06-Nov-23 BLS Quarterly Results 06-Nov-23
ALICON General;Quarterly Results 06-Nov-23 BODALCHEM General;Quarterly Results 06-Nov-23
AMALGAM Quarterly Results 06-Nov-23 BORORENEW Quarterly Results 06-Nov-23
AMRAFIN General;Half Yearly Results 06-Nov-23 BSL Quarterly Results 06-Nov-23
ARUNIS Quarterly Results 06-Nov-23 CAMLINFINE General;Quarterly Results 06-Nov-23
ASHAPURMIN Quarterly Results 06-Nov-23 CANOPYFIN Quarterly Results 06-Nov-23
ASIANENE Quarterly Results 06-Nov-23 CENTERAC Quarterly Results 06-Nov-23
ASIIL Quarterly Results 06-Nov-23 CEREBRAINT Quarterly Results 06-Nov-23
ATL Quarterly Results 06-Nov-23 CFL Quarterly Results 06-Nov-23
ATLANTA Quarterly Results 06-Nov-23 CHANDNIMACH Quarterly Results 06-Nov-23
AXELPOLY Quarterly Results 06-Nov-23 CMBL Quarterly Results 06-Nov-23
BAGFILMS Quarterly Results 06-Nov-23 COARO Quarterly Results 06-Nov-23
BAJAJELEC Quarterly Results 06-Nov-23 CSL Quarterly Results 06-Nov-23
BANCOINDIA Quarterly Results 06-Nov-23 CSLFINANCE Quarterly Results 06-Nov-23
BANSWRAS Quarterly Results 06-Nov-23 CTCL Half Yearly Results 06-Nov-23
BARBEQUE Quarterly Results 06-Nov-23 DALMIASUG Quarterly Results 06-Nov-23
BEEYU Quarterly Results 06-Nov-23 DAPS Half Yearly Results 06-Nov-23
BHARATFORG Quarterly Results 06-Nov-23 DAVANGERE Quarterly Results 06-Nov-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
COLPAL 06-Nov-23 Interim Dividend – Rs. – 22.0000 INDIGRID 09-Nov-23 Income Distribution (InvIT)
IRB 06-Nov-23 Interim Dividend – Rs. – 0.1000 NAM-INDIA 09-Nov-23 Interim Dividend – Rs. – 5.5000
MPSLTD 06-Nov-23 Interim Dividend – Rs. – 30.0000 360ONE 10-Nov-23 Interim Dividend – Rs. – 4.0000
SHRIRAMFIN 06-Nov-23 Interim Dividend – Rs. – 20.0000 ADFFOODS 10-Nov-23 Special Dividend – Rs. – 4.0000
DBCORP 07-Nov-23 Interim Dividend – Rs. – 2.0000 ALLSEC 10-Nov-23 Interim Dividend – Rs. – 30.0000
MARICO 07-Nov-23 Interim Dividend – Rs. – 3.0000 ALSTONE 10-Nov-23 E.G.M.
ORIENTCQ 07-Nov-23 Interim Dividend – Rs. – 7.0000 ARE&M 10-Nov-23 Interim Dividend – Rs. – 4.8000
SIYSIL 07-Nov-23 Interim Dividend – Rs. – 4.0000 AVANCE 10-Nov-23 Stock  Split From Rs.5/- to Rs.1/-
SONATSOFTW 07-Nov-23 Interim Dividend – Rs. – 7.0000 CARERATING 10-Nov-23 Interim Dividend – Rs. – 7.0000
SUPREMEIND 07-Nov-23 Interim Dividend – Rs. – 8.0000 DABUR 10-Nov-23 Interim Dividend – Rs. – 2.7500
TCI 07-Nov-23 Interim Dividend – Rs. – 2.5000 FMEC 10-Nov-23 E.G.M.
VAIBHAVGBL 07-Nov-23 Interim Dividend – Rs. – 1.5000 IMFA 10-Nov-23 Interim Dividend – Rs. – 7.5000
VENUSPIPES 07-Nov-23 Interim Dividend – Rs. – 0.5000 INSECTICID 10-Nov-23 Interim Dividend – Rs. – 3.0000
BIGBLOC 08-Nov-23 Interim Dividend – Rs. – 0.2000 IOC 10-Nov-23 Interim Dividend – Rs. – 5.0000
BSOFT 08-Nov-23 Interim Dividend – Rs. – 2.5000 IRFC 10-Nov-23 Interim Dividend – Rs. – 0.8000
DPWIRES 08-Nov-23 Bonus issue 1:7 LKPFIN 10-Nov-23 Interim Dividend – Rs. – 3.0000
GESHIP 08-Nov-23 Interim Dividend – Rs. – 6.3000 MKPL 10-Nov-23 Stock  Split From Rs.10/- to Rs.1/-
OBEROIRLTY 08-Nov-23 Interim Dividend – Rs. – 2.0000 NAVINFLUOR 10-Nov-23 Interim Dividend – Rs. – 5.0000
RITES 08-Nov-23 Interim Dividend – Rs. – 4.5000 NAVINFLUOR 10-Nov-23 Special Dividend – Rs. – 3.0000
SPLPETRO 08-Nov-23 Interim Dividend – Rs. – 2.0000 NIITLTD 10-Nov-23 Interim Dividend – Rs. – 0.5000
GODREJCP 09-Nov-23 Interim Dividend – Rs. – 5.0000 NIITMTS 10-Nov-23 Interim Dividend – Rs. – 2.5000
HPAL 09-Nov-23 Stock  Split From Rs.10/- to Rs.2/- PETRONET 10-Nov-23 Interim Dividend – Rs. – 7.0000

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