The NIFTY opened at 18570.85 with a minor gap up of just 10 points. Prices initially went down but quickly turned around and saw a sharp intraday rally after recording its intraday low at 17536.95. The rally brought prices above 17600 and then the index faces resistance there and moved down after recording its intraday high at 18625. Prices have seen a sharp dip and then started a consolidation process. Another rally came in the second half which brought prices a gain above 18600. The index finally closed at 18609.35 near its day’s high with a gain of 48.85 points or 0.26% up. PHARMA underperformed today and ended lower by 1.10% followed by REALTY which ended with a loss of 0.78% BANK outperformed today by ending up 1.16% followed by MEDIA and METAL which ended with a gain of over half percent.


The BANK NIFTY opened at 43142.25 with a minor gap up. The index recorded its intraday low at 43095.30 in its initial trades and then started moving higher. The rally continued for the whole day with minor dips in between. Prices recorded its intraday high at 43640.90 and finally closed at 43629.40 with a gain of 521 points. PSU BANKS have outperformed today and closed with a gain of 3.91%. PVT BANKS have also moved up today and ended with a gain of 1.17%. Within the index, in terms of points, AXIS BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. The index recorded lifetime new highs and closed at a record level. Support is now visible around 43000 – 43300 zones while there is no visible resistance as prices are trading in uncharted territory.


ICICI BANK 931.90 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought above 933.65 with a stop loss of 928.65 and a target of 943.70.
IBULHSGFIN 140.45 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 140.45 with a stop loss of 142.40 and a target of 137.60.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
ONGC 143.25 CE BUY 3.20 CMP 3.20 4.40 BREAKDOWN
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
BANKBARODA2212Dec 188.4 6.26 21.87 1.068708 SUNPHARMA.22.12 Dec 986.15 -3.86 14.56 18300800
COROMANDEL2212Dec 972.45 4.76 10.86 2930900 LTIMindtree Limited.22.1 4595.95 -2.76 11.69 1896750
BHARATFORG.2212Dec 878.85 4.09 1.95 7320000 DIXON.22.12 Dec 4188 -2.34 12.04 556000
ASTRAL.22.12 Dec 2084.35 3.54 9.12 1585650 MRF.22.12 Dec 91644.7 -2.03 2.24 50280
CANBK.22.12 Dec 327 3.35 6.04 47449800 LUPIN.22.12 Dec 760.8 -1.71 1.5 6156550
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PNB.22.12 Dec 58.25 4.39 -3.8 216176000 IBULHSGFIN.22.12 Dec 141.3 -3.75 -0.62 41508000
RAMCOCEM.22.12 Dec 734.1 3.48 -2.07 3574250 PIDILITIND.22.12 Dec 2784 -0.42 -0.4 2554000
NMDC.22.12 Dec 125 3.35 -0.33 30042800 INDUSTOWER.22.12 Dec 196.2 -0.38 -0.04 13526800
GUJGASLTD.22.12 Dec 521 2.65 -2.54 4693750 TORNTPHARM.22.12 Dec 1632.4 -0.3 -0.13 1502500
GLENMARK.22.12 Dec 433.9 2.23 -3.39 5737350 TORNTPOWER.22.12 Dec 546.55 -0.27 -0.95 2803500


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Bank Of Baroda 188.25 6.66 93033779 0 36.91 Nifty50 18609.35 0.26 94809
Coromandel International 966.25 5.24 2015997 0 56.14 Niftybank 43596.85 1.16 94740
Bharat Forge Ltd 871.35 4.1 2618796 0 58.37 Nifty it 30115 -0.24 94740
Punjab National Bank 57.7 4.06 1.515408 0 23.64 India Vix 13.4 -4.85 103467
Nmdc Limited 124.35 3.67 9924057 0 37.37 Nifty Fmcg 45767.05 0.09 94740
Canara Bank 324.4 3.35 15258852 0 38.36 Nifty Pharma 12728.7 -1.1 94740
The Ramco Cements 729.8 3.33 1328956 0 41.79 Nifty Realty 454.35 -0.78 94740
Astral Limited 2065.55 3.2 476096 0 39.78 Nifty Auto 12908.15 0.29 94731
Federal Bank Ltd. 135.75 2.76 16928789 0 41.31 Nifty Metal 6756.95 0.71 94731
Axis Bank Limited 939.35 2.7 17466047 0 58.41 Nifty Financial Services 19292.4 0.58 94731


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

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

 USD: PPI (MoM) (Nov) on 9th  December, 2022

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


  • Indian benchmark indices ended higher in the volatile session with Nifty around 18,600.At Close, the Sensex was up 160 points or 0.26% at 62,570.68, and the Nifty was up 48.80 points or 0.26% at 18,609.30. About 1808 shares have advanced, 1587 shares declined, and 122 shares are unchanged.

  • Sun Pharma received communication from the Food and Drug Administration of U.S. that the facility has been listed under import alert, according to the drugmaker’s exchange filing on Thursday.

  • Dharmaj Crop Guard launched its three-day initial public offering on Nov. 28. It received a strong response, with the issue being subscribed 35.49 times. The stock of Dharmaj Crop Guard listed at Rs 266 apiece on the BSE Ltd., a premium of 12.24% to its IPO price of Rs 237 apiece. On the National Stock Exchange of India Ltd., the stock debuted at Rs 266.05, a 12.26% premium.

  • Jindal Steel & Power Ltd. has acquired an under-construction plant of the Monnet Power Company under the insolvency resolution process for Rs 410 crore, people aware of the matter said.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
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 RSWM Right Issue of Equity Shares 12-Dec-22
MEDIAONE General 09-Dec-22 AMNPLST General 13-Dec-22
PAWANSUT A.G.M. 09-Dec-22 GRANDMA Quarterly Results 13-Dec-22
SCC General 09-Dec-22 WEBSL General 13-Dec-22
SDBL Right Issue of Equity Shares;Preferential Issue of shares;Issue Of Warrants;Rights Issue;General 09-Dec-22 DIAPOWER Quarterly Results 14-Dec-22
THAMBBI Right Issue of Equity Shares 09-Dec-22 GLCL Bonus issue 14-Dec-22
VGUARD General 09-Dec-22 KSERASERA General 14-Dec-22
VIPCLOTHNG Issue Of Warrants 09-Dec-22 MKEXIM General 14-Dec-22
VLL General 09-Dec-22 TIJARIA General 14-Dec-22
ACEENGITEC General 10-Dec-22 ZODJRDMKJ General 14-Dec-22
AGARWAL General 10-Dec-22 ANKITMETAL General 15-Dec-22
FIBERWEB General 10-Dec-22 ADVANIHOTR Interim Dividend;General 16-Dec-22
JMJFIN General 10-Dec-22 JAIHINDS General 16-Dec-22
QGO General 10-Dec-22 SHREESEC Stock  Split 16-Dec-22
VENLONENT General 10-Dec-22 KBSINDIA Stock  Split 17-Dec-22
MASTEK Preferential Issue of shares 11-Dec-22 SBC Buy Back of Shares 19-Dec-22
AKASHDEEP Stock  Split 12-Dec-22 PIFL General 21-Dec-22
ARAMBHAN General 12-Dec-22 RHETAN Increase in Authorised Capital;Bonus issue;Stock  Split;General 21-Dec-22
BODALCHEM General 12-Dec-22 KSOLVES Quarterly Results 15-Jan-23
CHOKSILA General 12-Dec-22 COFORGE Interim Dividend;Quarterly Results 20-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ANDHRSUGAR 09-Dec-22 E.G.M. STARHFL 16-Dec-22 Bonus issue 1:1
VALENCIA 12-Dec-22 E.G.M. STARHFL 16-Dec-22 Stock  Split From Rs.10/- to Rs.5/-
COSMOFIRST 13-Dec-22 Buy Back of Shares STCORP 16-Dec-22 Stock  Split From Rs.10/- to Rs.2/-
ALSTONE 14-Dec-22 Bonus issue 9:1 SHAWGELTIN 19-Dec-22 Special Dividend – Rs. – 100.0000
ALSTONE 14-Dec-22 Stock  Split From Rs.10/- to Rs.1/- SARTHAKIND 20-Dec-22 Bonus issue 1:3
TELESYS 14-Dec-22 E.G.M. TEXMOPIPES 21-Dec-22 E.G.M.
BAROEXT 15-Dec-22 E.G.M. ORCHIDPHAR 22-Dec-22 E.G.M.
RCF 15-Dec-22 Final Dividend – Rs. – 2.5000 PRECWIRE 22-Dec-22 Bonus issue 1:2
RCF 15-Dec-22 Interim Dividend – Rs. – 1.6000 QUINT 22-Dec-22 Right Issue of Equity Shares
CLEDUCATE 16-Dec-22 Bonus issue 1:1 LAFFANSQ 23-Dec-22 E.G.M.
GLOSTERLTD 16-Dec-22 Bonus issue 1:1 NATHIND 23-Dec-22 E.G.M.
LANCER 16-Dec-22 Stock  Split From Rs.10/- to Rs.5/- SAGARPROD 23-Dec-22 E.G.M.

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