The NIFTY opened at 19120 with a big gap up of 131 points. Prices continued its early morning bullish momentum and started moving higher but soon found resistance. The index recorded its intraday high at 19175.25 and saw a sharp intraday decline. However, the gap was not filled and the index bounced up after recording its intraday low at 19064.15. Prices saw a sharp recovery in the second half and finally closed at 19133.25 just above the opening tick with a gain of 144.10 points or 0.76% up. All the sectoral indices have moved higher and closed with gains. The REALTY outperformed and closed with a gain of 2.52% followed by METAL and OIL GAS which ended more than 1% higher. The short-term trend is sideways. Support is visible around 18800 while resistance is visible around 19300.


The BANK NIFTY opened at 43018.70 with a big gap up of 284 points. The index continued its bullish momentum and started moving higher after the opening tick. However, prices found resistance, recorded its intraday high at 43271.50, and saw a sharp intraday decline. The decline found support in the afternoon session and then the index saw some recovery after recording its intraday low at 42796.45. The index finally closed at 4303.50 with a gain of 289 points. PSU BANK has outperformed, saw a sharp upside move, and closed with a gain of 1.50%. PVT BANK has also moved up, saw a mild upside move, and closed with a gain of 0.79%. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while AU BANK contributed the lowest. The short-term trend is sideways now. Support is visible around 42100 while resistance is visible around 43500.


BHARTI AIRTEL 797.05 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 801.90 with a stop loss of 795.00 and a target of 823.00.
PIDILITE IND 2550.35 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 2545.25 with a stop loss of 2568.35 and a target of 2493.15.


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
IDEA.23.11 Nov 13.95 8.56 3.42 1628080000 LICHSGFIN.23.11 Nov 451.45 -1.93 16.41 29330000
DELTACORP.23.11 Nov 135 7.48 18.21 13540800 HEROMOTOCO.23.11Nov 3078.7 -0.84 15.73 3962100
RECLTD.23.11 Nov 300.65 6.92 7.4 61098000 MFSL.23.11 Nov 883.8 -0.6 1.24 7594400
PFC.23.11 Nov 257.55 6.27 6.68 63104375 BAJAJ-AUTO.23.11 Nov 5355.6 -0.34 0.46 2552875
BHEL.23.11 Nov 129 5.87 8.46 96962250 ESCORTS.23.11 Nov 3063.95 -0.25 8.43 1849375
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
INDUSTOWER.23.11 Nov 191.05 5.44 -1.25 76605400 BALKRISIND.23.11 Nov 2558.2 -0.48 -0.92 1834800
INDIACEM.23.11 Nov 210.65 5.14 -0.06 23142000
GAIL.23.11 Nov 122.6 3.68 -2.78 149529300
AMBUJACEM.23.11 Nov 420.75 3.16 -2.65 58705200
SRF.23.11 Nov 2255.75 3.1 -2.08 3341250

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Crompton Greaves Consume 283.1 2.31 2219348 2186790 79.81 Nifty50 19133.25 0.76 71505
Page Industries Limited 37587.5 0.45 17565 16472 76.38 Niftybank 43017.2 0.74 71505
Dabur India Ltd. 530.4 2.57 1919439 2058618 75.9 Nifty it 30582.75 0.78 71505
Hindustan Unilever Ltd 2486.8 0.59 1595123 958435 75.64 India Vix 11.08 -8.05 71613
Astral Limited 1842.25 1 308915 527438 74.87 Nifty Fmcg 51589 0.98 71505
Ultratech Cement Limited 8459 0.93 200590 154322 73.76 Nifty Pharma 14834.45 0.67 71505
Tata Consultancy Serv Lt 3360.1 0.88 1245384 1148529 73.46 Nifty Realty 627.8 2.52 71505
Lalpathlab 2463.15 3.46 587385 356459 73.25 Nifty Auto 15948.65 0.71 71505
Piind 3405.55 0.74 123532 192648 72.31 Nifty Metal 6448.95 1.4 71505
Infosys Limited 1370.15 1.18 3758060 2160789 69.91 Nifty Financial Services 19271.95 0.67 71505

Upcoming Economic Data

   Domestic                                                                                                                                                  International
INR: Nikkei Services PMI (Oct) , USD on 3rd November, 2023

INR: FX Reserves, USD  on 3rd October, 2023

USD: Nonfarm Payrolls (Oct) on 3rd November, 2023

USD: Unemployment Rate (Oct) on 3rd November, 2023

News Updates

  • Benchmark indices erased previous two-session losses and ended higher with Nifty back above 19,100. At close, the Sensex was up 489.57 points or 0.77 percent at 64,080.90, and the Nifty was up 144.10 points or 0.76 percent at 19,133.30. About 2236 shares advanced, 1287 shares declined, and 140 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. Decreasing coal prices was key factor hurting the company’s profits. The revenue from operations of the company came in at Rs 22.517 33 crore, falling 41.01 percent from Rs 38,175.23 crore, the company said in an exchange filing.

  • Berger Paints on November 2 reported a consolidated net profit of Rs 292.13 crore for the September quarter of the current financial year, up 33 percent from the year-ago period. Consolidated revenue increased 3.6 percent YoY to Rs 2767.3 crore in Q2FY24. The paint manufacturer’s earnings before interest tax depreciation and amortisation (Ebitda) were at Rs 473.65 crore, up 30.4 percent YoY .

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

Board Meetings

Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AAYUSH Quarterly Results;General 03-Nov-23 BAYERCROP Quarterly Results;Interim Dividend 03-Nov-23
ABCAPITAL Quarterly Results 03-Nov-23 BDL Quarterly Results 03-Nov-23
ABHIFIN Quarterly Results 03-Nov-23 BFLAFL Quarterly Results 03-Nov-23
ABMKNO Quarterly Results 03-Nov-23 BHARATGEAR Quarterly Results 03-Nov-23
ACEMEN Quarterly Results;General 03-Nov-23 BNRSEC General 03-Nov-23
ACML General;Half Yearly Results 03-Nov-23 CCCL Quarterly Results 03-Nov-23
ADESHWAR Half Yearly Results 03-Nov-23 CFF Half Yearly Results;Interim Dividend 03-Nov-23
AEGISLOG Quarterly Results 03-Nov-23 CHAMBLFERT Interim Dividend;Quarterly Results 03-Nov-23
AEROFLEX Quarterly Results;General 03-Nov-23 CHENFERRO Quarterly Results 03-Nov-23
AGSTRA Quarterly Results;Interim Dividend 03-Nov-23 CHOWGULSTM Quarterly Results;General 03-Nov-23
ALSL General;Half Yearly Results 03-Nov-23 CIGNITI Quarterly Results;Interim Dividend 03-Nov-23
ALUFLUOR Quarterly Results 03-Nov-23 CLEDUCATE Quarterly Results 03-Nov-23
AMARJOTHI Quarterly Results;General 03-Nov-23 COCHINM Quarterly Results 03-Nov-23
ANSHNCO Quarterly Results 03-Nov-23 COCHMAL Quarterly Results 03-Nov-23
APMIN Quarterly Results 03-Nov-23 COMFINCAP Quarterly Results;General 03-Nov-23
APOLLOFI Quarterly Results 03-Nov-23 CROMPTON Quarterly Results 03-Nov-23
ASHISHPO Quarterly Results 03-Nov-23 DAIKAFFI Quarterly Results 03-Nov-23
AVL Quarterly Results;General 03-Nov-23 DHARMAJ Quarterly Results;Employees Stock Option Plan 03-Nov-23
AXITA Quarterly Results;General;Interim Dividend 03-Nov-23 DIACABS Quarterly Results;General 03-Nov-23
AYOME Quarterly Results 03-Nov-23 EASYFIN Quarterly Results 03-Nov-23
B2BSOFT Quarterly Results 03-Nov-23 ECOPLAST Quarterly Results;Interim Dividend 03-Nov-23
BABA Quarterly Results 03-Nov-23 EIHOTEL Quarterly Results 03-Nov-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ASIANPAINT 03-Nov-23 Interim Dividend – Rs. – 5.1500 BIGBLOC 08-Nov-23 Interim Dividend – Rs. – 0.2000
BNALTD 03-Nov-23 E.G.M. BSOFT 08-Nov-23 Interim Dividend – Rs. – 2.5000
EMBASSY 03-Nov-23 Income Distribution RITES DPWIRES 08-Nov-23 Bonus issue 1:7
GSTL 03-Nov-23 Right Issue of Equity Shares GESHIP 08-Nov-23 Interim Dividend – Rs. – 6.3000
NTPC 03-Nov-23 Interim Dividend – Rs. – 2.2500 OBEROIRLTY 08-Nov-23 Interim Dividend – Rs. – 2.0000
RAILTEL 03-Nov-23 Interim Dividend – Rs. – 1.0000 RITES 08-Nov-23 Interim Dividend – Rs. – 4.5000
ROUTE 03-Nov-23 Interim Dividend – Rs. – 3.0000 SPLPETRO 08-Nov-23 Interim Dividend – Rs. – 2.0000
SYMPHONY 03-Nov-23 Interim Dividend – Rs. – 2.0000 GODREJCP 09-Nov-23 Interim Dividend – Rs. – 5.0000
UJAAS 03-Nov-23 Resolution Plan -Suspension HPAL 09-Nov-23 Stock  Split From Rs.10/- to Rs.2/-
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
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
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
VENUSPIPES 07-Nov-23 Interim Dividend – Rs. – 0.5000 INSECTICID 10-Nov-23 Interim Dividend

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