The NIFTY opened at 18774.45 with a gap up of 19 points. The index initially moved lower but quickly rebounded and turned up. Prices have seen a modest rally toward 18800.The index faced resistance before reaching 18800 and then moved on the downside. The decline took a pause around 18700 but prices resumed sliding lower. Consolidation in the afternoon broke on the downside, prices recorded its intraday low at 18669.05 and finally closed at 18688.10 with a loss of 67.80 points or 0.36% down. The PHARMA outperformed today and closed with a gain of 1.42% followed by FMCG, BANK and MEDIA led the bears today and ended with a loss of over 1% followed by FINANCIAL, REALTY, and IT. The index found resistance around 18800. Support is visible around 18400-18450 zones.


The BANK NIFTY opened at 44054.35 with a gap up of 90 points. The index could not sustain at the higher levels and started drifting downwards from its opening tick. Prices recorded its intraday high at 44077.45 and saw a sharp decline which lasted almost till the end with some intraday rallies and consolidation Prices have recorded its intraday low at 43397.50 and finally closed at 43453.20 with a loss of 411 points. PSU BANK has underperformed today, saw a sharp down move, and ended with a loss of 1.99%. PVT BANK has also moved down today and closed with a loss of 1.20%. Within the index, in terms of points, IDFC FIRST BANK contributed the highest on the upside while HDFC BANK contributed the lowest. Another gap-up opening did not sustain in the NIFTY BANK and the index moved down for the whole day. The breakdown indicates lower levels may be ahead. Resistance is now visible around 44000 while support is visible around 43000.


GSPL 301.80 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 302.45 with a stop loss of 300.60 and a target of 305.65.
FEDERAL BANK 122.05 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 121.70 with a stop loss of 122.90 and a target of 119.30.


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
L&TFH.23.06 Jun 118.2 4.93 3.79 97958748 RBLBANK.23.06 Jun 167.4 -3.96 4.51 48535000
GODREJPROP.23.06 Jun 1568 3.82 2.12 3913400 HEROMOTOCO.23.06 Jun 2834 -3.56 17.3 3592200
APOLLOHOSP.23.06 Jun 5225 3.78 22.21 2197125 PNB.23.06 Jun 49.8 -2.92 4.4 260336000
IDFCFIRSTB.23.06 Jun 78.35 3.3 5.73 238290000 OBEROIRLTY.23.06 Jun 988.7 -2.78 2.03 5936700
ZYDUSLIFE.23.06 Jun 550.5 3.18 6.33 7765200 CANBK.23.06 Jun 297.95 -2.58 2.66 42163200
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
INDIGO.23.06 Jun 2421 2.37 -1.02 3684600 ZEEL.23.06 Jun 186.8 -4.65 -1.73 88002000
BIOCON.23.06 Jun 244.8 1.75 -0.41 24396100 DLF.23.06 Jun 489.7 -2.96 -0.86 31607400
ADANIENT.23.06 Jun 2500.05 1.48 -0.62 9788500 CANFINHOME.23.06 Jun 735.25 -2.31 -4.25 3427125
IEX.23.06 Jun 124.85 1.01 -1.32 45817500 INDUSTOWER.23.06 Jun 164 -2.09 -0.94 66007200
IPCALAB.23.06 Jun 724.95 0.97 -0.95 3472300 INDIACEM.23.06 Jun 223.4 -2.08 -3.16 17400000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hdfc Life Insurance Comp 578.15 -1.18 2074065 4507045 84.34 Nifty50 18688.1 -0.36 98028
Hdfc Ltd. 2620.15 -0.97 3498981 3907004 83.45 Niftybank 43443.6 -1.24 98028
Upl Limited 680.8 -0.29 1890165 3264152 81.42 Nifty it 28699 -0.54 98028
Sun Pharma  Ltd 988.4 0.17 2731724 1651102 77.18 India Vix 11.08 -0.72 98028
Cholamandalam Investment 1112.9 1.24 1371182 1706806 76.55 Nifty Fmcg 52046.45 0.54 98025
Kotak Mahindra Bank Limi 1833.5 -1.67 4838188 4200246 75.29 Nifty Pharma 13160.6 1.42 98025
Cipla Ltd 998.2 1.99 1804458 1346505 73.53 Nifty Realty 518.2 -0.76 98025
Wipro Ltd 388.95 -1.89 14351160 6736479 72.78 Nifty Auto 14707.85 0.17 98025
Lalpathlab 1994.4 -0.15 366360 295662 71.93 Nifty Metal 6203.05 -0.19 98025
Dr. Reddys Lab Ltd 4803.45 2.22 726149 128159 71.1 Nifty Financial Services 19228.65 -0.98 98022


   Domestic                                                                                                                                                  International
INR: Deposit Growth on 16th June, 2023

INR: FX Reserves, USD on 16th June, 2023

 USD: Building Permits (May) on 20th June, 2023

USD: Initial Jobless Claims on 22nd June, 2023


  • The Indian equity market snapped its three-day winning streak to end lower on June 15, with the 30-pack Sensex falling 306 points to 62,921.58 and the broad-based Nifty closing below the 18,700 mark. The Nifty closed 72 points lower at 18,683.90. About 1,533 shares advanced, 1,754 declined and 116 were unchanged.

  • India’s domestic air traffic in May rose 36 percent compared to the same month last year. Domestic airlines carried 1.32 crore passengers in May, data released by the Directorate General of Civil Aviation (DGCA) on June 15 shows.

  • Cravatex zoomed 16 percent on June 15, taking the cumulative two-day gain to 31 percent, after veteran investor Ashish Chugh bought 15,000 equity shares on June 14.

  • India’s overall trade deficit has narrowed to $10.35 billion in May 2023, as compared to $12.20 billion in the year-ago period, as per the official data released on June 15.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ALFATRAN A.G.M.;Increase in Authorised Capital 16-Jun-23 GANESHBE General 19-Jun-23
BCONCEPTS Preferential Issue of shares 16-Jun-23 KUMPFIN A.G.M. 19-Jun-23
DEVIT General 16-Jun-23 NINSYS Bonus issue;Increase in Authorised Capital 19-Jun-23
KOTAKBANK General 16-Jun-23 PARSVNATH Audited Results;Dividend 19-Jun-23
MASTERTR Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares 16-Jun-23 REGENTRP General 19-Jun-23
MITSHI A.G.M. 16-Jun-23 ROSEMER Issue Of Warrants;General;Preferential Issue of shares 19-Jun-23
POLYMAC Audited Results 16-Jun-23 SHIVAEXPO Audited Results 19-Jun-23
RAMASIGNS General 16-Jun-23 SPAR General 19-Jun-23
SICAPIT General 16-Jun-23 ZGOLDINV Audited Results;General 19-Jun-23
UNISTRMU General;Quarterly Results 16-Jun-23 MKEXIM General 20-Jun-23
WORTH Preferential Issue of shares 16-Jun-23 SECURCRED General 20-Jun-23
ABVL Rights Issue 17-Jun-23 ZBINTXPP General 20-Jun-23
CONSTRONIC General 17-Jun-23 ZHINUDYP General 20-Jun-23
FILATFASH General;Preferential Issue of shares 17-Jun-23 INDAGIV Audited Results 21-Jun-23
GALADAFIN A.G.M.;General 17-Jun-23 JFL Audited Results;Half Yearly Results;General 21-Jun-23
GEMSPIN General 17-Jun-23 KSHITIJ General 21-Jun-23
MMLF General 17-Jun-23 NARSM Audited Results 21-Jun-23
MTPL General 17-Jun-23 TULSYAN Audited Results;Quarterly Results 21-Jun-23
SURAJLTD General 17-Jun-23 WARDWIZFBL General;Preferential Issue of shares 21-Jun-23
CANFINHOME General 19-Jun-23 TRIVENIGQ General 22-Jun-23
DLCL Audited Results 19-Jun-23 UNQTYMI A.G.M.;General 22-Jun-23
GAL Audited Results;General 19-Jun-23 AVANTEL Stock  Split 23-Jun-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ALAN SCOTT 16-Jun-23 Right Issue of Equity Shares CEATLTD 20-Jun-23 Final Dividend – Rs. – 12.0000
ANGELONE 16-Jun-23 Final Dividend – Rs. – 4.0000 CERA 20-Jun-23 Dividend – Rs. – 50.0000
AVANTEL 16-Jun-23 Final Dividend – Rs. – 1.0000 DREDGECORP 20-Jun-23 E.G.M.
CRESSAN 16-Jun-23 Right Issue of Equity Shares MFL 20-Jun-23 Final Dividend – Rs. – 2.5000
EIMCOELECO 16-Jun-23 Final Dividend – Rs. – 5.0000 MOL 20-Jun-23 Final Dividend – Rs. – 1.4000
HDFCLIFE 16-Jun-23 Final Dividend – Rs. – 1.9000 NEWGEN 20-Jun-23 Final Dividend – Rs. – 5.0000
HIGHENE 16-Jun-23 Final Dividend – Rs. – 3.5000 SAGCEM 20-Jun-23 Final Dividend – Rs. – 0.7000
PEL 16-Jun-23 Final Dividend – Rs. – 31.0000 GULPOLY 21-Jun-23 Bonus issue 1:5
PFC 16-Jun-23 Final Dividend – Rs. – 4.5000 INDIAMART 21-Jun-23 Bonus issue 1:1
SHRIRAMFIN 16-Jun-23 Final Dividend – Rs. – 20.0000 OBEROIRLTY 21-Jun-23 Final Dividend – Rs. – 4.0000
SMCGLOBAL 16-Jun-23 Final Dividend – Rs. – 1.2000 PANCARBON 21-Jun-23 Dividend – Rs. – 12.0000
TORNTPOWER 16-Jun-23 Final Dividend – Rs. – 4.0000 POLYCAB 21-Jun-23 Dividend – Rs. – 20.0000
WELCORP 16-Jun-23 Final Dividend – Rs. – 5.0000 SHREDIGCEM 21-Jun-23 Final Dividend – Rs. – 2.5000
WIPRO 16-Jun-23 Buy Back of Shares SUPREMEIND 21-Jun-23 Final Dividend – Rs. – 20.0000
ACGL 19-Jun-23 Final Dividend – Rs. – 15.0000 VIMTALABS 21-Jun-23 Final Dividend – Rs. – 2.0000
ASHCAP 19-Jun-23 Bonus issue 1:2 EMUDHRA 22-Jun-23 Final Dividend – Rs. – 1.2500
CRAFTSMAN 19-Jun-23 Final Dividend – Rs. – 11.2500 RAINBOW 22-Jun-23 Final Dividend – Rs. – 3.0000
FUTSOL 19-Jun-23 Final Dividend – Rs. – 1.0000 SOLIMAC 22-Jun-23 Final Dividend – Rs. – 1.5000
HINDUNILVR 19-Jun-23 Final Dividend – Rs. – 22.0000 TATAELXSI 22-Jun-23 Dividend – Rs. – 60.6000
VINCOFE 19-Jun-23 Right Issue of Equity Shares TATASTEEL 22-Jun-23 Final Dividend – Rs. – 3.6000
BANKINDIA 20-Jun-23 Dividend – Rs. – 2.0000 VTMLTD 22-Jun-23 Final Dividend – Rs. – 0.7000
BLUESTARCO 20-Jun-23 Bonus issue 1:1 BNRSEC 23-Jun-23 Dividend – Rs. – 1.5000

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