The NIFTY opened at 18631.80 with a gap up of 30 points. The index continued moving higher from the opening tick and recorded its intraday low at the opening tick. Prices have rallied and reached 18700 comfortably but started finding resistance there for the whole afternoon. That range broke on the downside. but the index soon resumed its upside. The index saw a sharp surge in the last hour of trading breaching 18700 to record its intraday high at 18728.90 and finally closed at 18716.15 with a gain of 114.65 points or 0.62% up. All the sectoral indices have moved higher today and closed with gains except AUTO which ended with a loss of 0.11%. REALTY led the bulls today by gaining over 3% followed by FMCG, MEDIA, and PHARMA. The short-term trend is up. Support is visible around 18400-18450 while resistance is now visible around 18750 which is the recent swing high. We should look for buying only.


The BANK NIFTY opened at 43889.70 with a gap down of 67 points. The index started moving higher from the opening tick but soon found resistance around 44100. Prices have formed a range there which eventually broke on the downside. The index moved down and kept on sliding lower but saw a sharp recovery in the last 30 minutes. BANK Index recorded its intraday high at 44138.15, its intraday low at 43889.70, and finally closed at 44109.05 with a gain of 153 points. PSU and PVT BANK both indices have moved almost the same today, saw a mild up move, and closed with a gain of 0.21% & 0.45% respectively. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. We have been tracking a trading range inside 43700-44500. This narrow range remained intact so far and should resolve very soon one way or the other.


ICICI BANK 943.55 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above  with a stop loss of 795.00 and a target of 823.00.
CONCOR 651.05 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 647.90 with a stop loss of 654.25 and a target of  635.45.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
ICICI BANK  950 CE BUY 12.40 CMP 10.95 19.45 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
TATACOMM.23.06 Jun 1578 7.84 39.77 4196500 INDIGO.23.06 Jun 2354.95 -2.88 15.64 3731400
TRENT.23.06 Jun 1695.45 5.51 5.89 3554400 CONCOR.23.06 Jun 657.35 -1.33 9.7 6072000
OFSS.23.06 Jun 3809.95 5.4 26.74 292000 BHEL.23.06 Jun 85.1 -1.28 4.41 101493000
LAURUSLABS.23.06 Jun 361.55 4.96 3.33 11447700 ADANIENT.23.06 Jun 2473.25 -1.11 1.09 9967250
DIXON.23.06 Jun 4335.1 4.62 22.38 1159875 KOTAKBANK.23.06 Jun 1863.15 -0.98 4.03 30213600
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
ABFRL.23.06 Jun 213.25 5.81 -1.14 25924600 INDIACEM.23.06 Jun 229.05 -1.04 -1.24 18281600
IBULHSGFIN.23.06 Jun 115.25 4.73 -1.92 50368000 DELTACORP.23.06 Jun 248.85 -0.76 -3.05 18230800
ATUL.23.06 Jun 6961 3.94 -11.03 177900 HAL.23.06 Jun 3660 -0.7 -3.2 4068600
NAVINFLUOR.23.06 Jun 4593 3.61 -1.83 717300 M&M.23.06 Jun 1378.4 -0.64 -0.36 13661900
DEEPAKNTR.23.06 Jun 2074 2.7 -2.39 2217500 BSOFT.23.06 Jun 337.95 -0.46 -0.38 7944000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Tata Consumer Products l 819.9 2.39 2697513 2805090 88.52 Nifty50 18716.15 0.62 101028
Hdfc Ltd. 2645.9 0.19 5516136 2733961 83.47 Niftybank 44079.85 0.31 100956
Navin Fluorine Internati 4570.35 3.66 174163 398261 78.49 Nifty it 28899.3 0.4 100956
Coromandel International 936.3 0.27 426509 670998 78.39 India Vix 11.11 -1.16 103569
Dalmia Bharat Limited 2157.3 2.62 389129 273862 73.41 Nifty Fmcg 51462.7 1.38 100956
Crompton Greaves Consume 286.9 3.44 4044521 1873206 72.96 Nifty Pharma 12993.75 1.07 100956
Petronet Lng Limited 223.25 -0.38 1657978 1497028 72.44 Nifty Realty 520.7 3.01 100956
Bata India Ltd. 1599.4 1.65 263679 125415 72.36 Nifty Auto 14658.3 -0.11 100956
Alkem 3389.45 1.25 231707 112882 71.95 Nifty Metal 6127.65 0.85 100956
Dabur India Ltd. 560.45 1.24 2644392 711264 70.63 Nifty Financial Services 19469 0.36 100956


   Domestic                                                                                                                                                  International
INR: WPI Inflation (YoY) (May) on 14th June, 2023

INR: Trade Balance on 15th June, 2023

 USD: PPI (MoM) (May) on 14th June, 2023

USD: Crude Oil Inventories on 14th June, 2023


  • Benchmark indices ended higher for the second consecutive session on June 13 with Nifty above 18,700. At close, the Sensex was up 418.45 points or 0.67% at 63,143.16, and the Nifty was up 114.70 points or 0.62% at 18,716.20. About 2040 shares advanced, 1446 shares declined, and 126 shares unchanged.

  • At least 19 people were reportedly injured on June 13 after an explosion occurred at a blast furnace of Tata Steel’s hot rolled coil factory at Meramundali in Odisha’s Dhenkanal district. Some critically injured are admitted to a hospital in Cuttack.

  • Domestic airfares unlikely to rise from current levels as demand tapers, Civil Aviation Minister Jyotiraditya Scindia intervened as airfares touched the skies. Besides, the government has been helping airlines negotiate for temporary slots at airports that witness heavy traffic..

  • Zee shares recover, but speculation continues over company’s merger with Sony, If the merger is called off, which is a low probability event, there could be a downside potential for the stock in the range of 15-20%, says Elara Securities. Zee Enterprises is likely to file an appeal with the Securities Appellate Tribunal, contesting the Sebi order.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
BLUECLOUDS General 14-Jun-23 FILATFASH General;Preferential Issue of shares 17-Jun-23
HRMNYCP General 14-Jun-23 SURAJLTD General 17-Jun-23
INDAGIV Audited Results 14-Jun-23 CANFINHOME General 19-Jun-23
INDRANIB Audited Results 14-Jun-23 DLCL Audited Results 19-Jun-23
INDRENEW Right Issue of Equity Shares 14-Jun-23 GAL Audited Results;General 19-Jun-23
LLOYDSTEEL Rights Issue 14-Jun-23 KUMPFIN A.G.M. 19-Jun-23
RAWEDGE General 14-Jun-23 NINSYS Bonus issue;Increase in Authorised Capital 19-Jun-23
VTMLTD General 14-Jun-23 PARSVNATH Audited Results;Dividend 19-Jun-23
AMS General 15-Jun-23 REGENTRP General 19-Jun-23
ARIHCAPM General 15-Jun-23 ROSEMER Issue Of Warrants;General;Preferential Issue of shares 19-Jun-23
DPL Audited Results;Quarterly Results 15-Jun-23 SPAR General 19-Jun-23
GEE Audited Results 15-Jun-23 ZBINTXPP General 20-Jun-23
INDSUCR Audited Results 15-Jun-23 ZHINUDYP General 20-Jun-23
MRP Preferential Issue of shares 15-Jun-23 WARDWIZFBL General;Preferential Issue of shares 21-Jun-23
NAGARFERT Audited Results 15-Jun-23 TRIVENIGQ General 22-Jun-23
RASSIREF Audited Results 15-Jun-23 AVANTEL Stock  Split 23-Jun-23
SBLI Audited Results 15-Jun-23 KSOLVES General 24-Jun-23
SUPRAP General 15-Jun-23 WANBURY Audited Results 26-Jun-23
ALFATRAN A.G.M.;Increase in Authorised Capital 16-Jun-23 HAL Stock  Split 27-Jun-23
MASTERTR Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares 16-Jun-23 SAMKRG General 30-Jun-23
MITSHI A.G.M. 16-Jun-23 SEML Bonus issue 03-Jul-23
POLYMAC Audited Results 16-Jun-23 HATSUN General 05-Jul-23
SICAPIT General 16-Jun-23 COFORGE Interim Dividend;Quarterly Results 20-Jul-23
UNISTRMU General;Quarterly Results 16-Jun-23 ULTRACEMCO Quarterly Results 21-Jul-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
CANBK 14-Jun-23 Dividend – Rs. – 12.0000 WELCORP 16-Jun-23 Final Dividend – Rs. – 5.0000
SHANKARA 14-Jun-23 Final Dividend – Rs. – 2.5000 WIPRO 16-Jun-23 Buy Back of Shares
TATACHEM 14-Jun-23 Final Dividend – Rs. – 17.5000 ACGL 19-Jun-23 Final Dividend – Rs. – 15.0000
UDAICEMENT 14-Jun-23 Right Issue of Equity Shares ASHCAP 19-Jun-23 Bonus issue 1:2
DCBBANK 15-Jun-23 Final Dividend – Rs. – 1.2500 CRAFTSMAN 19-Jun-23 Final Dividend – Rs. – 11.2500
DJML 15-Jun-23 Final Dividend – Rs. – 0.1500 FUTSOL 19-Jun-23 Final Dividend – Rs. – 1.0000
TAHMARENT 15-Jun-23 Stock  Split From Rs.10/- to Rs.1/- HINDUNILVR 19-Jun-23 Final Dividend – Rs. – 22.0000
TCS 15-Jun-23 Final Dividend – Rs. – 24.0000 BANKINDIA 20-Jun-23 Dividend – Rs. – 2.0000
VAKRANGEE 15-Jun-23 Spin Off BLUESTARCO 20-Jun-23 Bonus issue 1:1
VBL 15-Jun-23 Stock  Split From Rs.10/- to Rs.5/- CEATLTD 20-Jun-23 Final Dividend – Rs. – 12.0000
VISAKAIND 15-Jun-23 Final Dividend – Rs. – 0.6000 CERA 20-Jun-23 Dividend – Rs. – 50.0000
ANGELONE 16-Jun-23 Final Dividend – Rs. – 4.0000 DREDGECORP 20-Jun-23 E.G.M.
AVANTEL 16-Jun-23 Final Dividend – Rs. – 1.0000 MFL 20-Jun-23 Final Dividend – Rs. – 2.5000
CRESSAN 16-Jun-23 Right Issue of Equity Shares MOL 20-Jun-23 Final Dividend – Rs. – 1.4000
EIMCOELECO 16-Jun-23 Final Dividend – Rs. – 5.0000 NEWGEN 20-Jun-23 Final Dividend – Rs. – 5.0000
HDFCLIFE 16-Jun-23 Final Dividend – Rs. – 1.9000 SAGCEM 20-Jun-23 Final Dividend – Rs. – 0.7000
HIGHENE 16-Jun-23 Final Dividend – Rs. – 3.5000 GULPOLY 21-Jun-23 Bonus issue 1:5
PEL 16-Jun-23 Final Dividend – Rs. – 31.0000 INDIAMART 21-Jun-23 Bonus issue 1:1
PFC 16-Jun-23 Final Dividend – Rs. – 4.5000 OBEROIRLTY 21-Jun-23 Final Dividend – Rs. – 4.0000
SHRIRAMFIN 16-Jun-23 Final Dividend – Rs. – 20.0000 PANCARBON 21-Jun-23 Dividend – Rs. – 12.0000
SMCGLOBAL 16-Jun-23 Final Dividend – Rs. – 1.2000 POLYCAB 21-Jun-23 Dividend – Rs. – 20.0000
TORNTPOWER 16-Jun-23 Final Dividend – Rs. – 4.0000 SHREDIGCEM 21-Jun-23 Final Dividend – Rs. – 2.5000

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