The NIFTY opened at 17767.30 without much of a gap. However, the index started drifting downwards from its opening tick but found intraday support before reaching 17700. Prices have recorded its intraday low at 17711.20 and started moving higher. The rally was modest and continued for the rest of the day. The index recorded its intraday high at 17827.75. The NIFTY finally closed at 17813.60 near its day’s highs with a gain of 44.35 points or 0.25% up. All the sectoral indices have moved up today and closed with gains except METAL and OIL GAS. REALTY outperformed today and closed with a gain of over 1% followed by FMCG and AUTO. the NIFTY closed just above 17800. The pattern target comes around 18800. The support is now visible around 17550 which is also the recent swing low while resistance may emerge around 17800. We should look for buying only as long as prices are trading above 17550.


The BANK NIFTY opened at 42559.05 with a gap down of 95 points. The index initially moved lower, found support around 42500 and bounced up. Prices have recorded its intraday low at 42432.25 and saw a sharp intraday rally. Prices have found resistance around 42800 but broke it on the upside and recorded its intraday high at 42875.60 and finally closed at 42866.45 with a gain of 212 points. PSU and PVT BANK both indices have performed almost the same today, saw an upside move, and closed with a gain of 0.52% &0.46% respectively. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while AU BANK contributed the lowest. Support is now visible around 42000 which is also the recent swing low while resistance is visible around 43000. As far as prices are trading above 42000, we should look for buying only on any dip or consolidation breakout.


INDUS IND BANK 1137.80 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 1139.95 with a stop loss of 1128.00 and a target of 1164.00.
CROMPTON 252.55 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 250.85 with a stop loss of 255.45 and a target of 241.75.


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
GNFC.23.04 Apr 588 10.61 11.74 3811600 IPCALAB.23.04 Apr 705.5 -5.1 17.34 1913600
SIEMENS.23.04 Apr 3452 3.43 21.47 824450 SHRIRAMFIN.23.04 Apr 1396.65 -2.54 47.67 2113200
POWERGRID.23.04 Apr 238.6 2.49 19.41 17992800 PIIND.23.04 Apr 3065.95 -1.22 22.55 1055750
ABB.23.04 Apr 3394.8 1.67 4.9 653000 ICICIPRULI.23.04 Apr 428.8 -1.2 3.46 6241500
TVSMOTOR.23.04 Apr 1124.5 1.26 12.45 3136000 DIXON.23.04 Apr 2830 -1.18 2.77 394250
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IDEA.23.04 Apr 6.6 4.76 -4.65 287350000 MCX.23.04 Apr 1389 -6.84 -3.63 541600
INDUSTOWER.23.04 Apr 143.5 3.65 -6.06 8464400 CROMPTON.23.04 Apr 253.4 -2.54 -30.83 2901000
CHAMBLFERT.23.04 Apr 282.95 2.72 -10.46 2004000 AUBANK.23.04 Apr 644.25 -2.51 -26.45 3870000
AUROPHARMA.23.04 Apr 612.8 2 -5.88 4482000 PVR.23.04 Apr 1446 -2.19 -9.2 1040292
VOLTAS.23.04 Apr 860.5 1.79 -12.04 1806000 JUBLFOOD.23.04 Apr 442.9 -1.69 -17.44 4390000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Maruti Suzuki India Ltd 8506.9 0.45 959058 728351 80.36 Nifty50 17813.6 0.25 99945
Hindustan Unilever Ltd 2510.8 0.82 1245903 1296084 76.19 Niftybank 42829.9 0.35 99888
Bharti Airtel Limited 773.45 0.11 5057352 4123225 71.42 Nifty it 27065 0.29 99888
Torrent Pharma Ltd. 1622.15 -1.23 422419 258713 71.14 India Vix 11.65 1.15 103584
Power Grid Corporation o 238.3 2.32 10185764 4447547 71.11 Nifty Fmcg 47387.5 0.71 99888
Ntpc Limited 169.85 -0.73 9032416 6321015 68.89 Nifty Pharma 12457.85 0.01 99888
Glenmark Pharma Ltd 521.25 0.6 720652 650239 68.36 Nifty Realty 435.95 1.36 99888
Petronet Lng Limited 235.55 -0.57 1531840 1261840 67.52 Nifty Auto 12972.75 0.53 99888
Sun Pharma  Ltd 971.25 -0.13 2911028 1590012 66.87 Nifty Metal 5713.2 -0.44 99888
Tata Consultancy Serv Lt 3198.15 0.7 2000029 1337301 66.07 Nifty Financial Services 19003 0.22 99888


   Domestic                                                                                                                                                  International
INR: Federal Fiscal Deficit (Mar) on 28th April, 2023

INR: Infrastructure Output (YoY) (Mar) on 28th April, 2023

 USD: GDP (QoQ) (Q1) on 27th April, 2023

USD: Initial Jobless Claims on 27th April, 2023


  • Benchmark indices ended higher on April 26 with Nifty above 17800. At close, the Sensex was up 169.87 points or 0.28 percentat 60,300.58, and the Nifty was up 44.30 points or 0.25percentat 17,813.60. About 1,861 shares advanced, 1,531 declined, and 138 were unchanged.

  • Maruti Suzuki reported 43 percent jump in standalone net profit at Rs 2623 crore for the quarter ended March 2023. However, the profit figure was tad below Street estimate of Rs 2773 crore. Revenue from operations grew 20 percent year-on-year to Rs 32,048 crore for the March quarter. The annual turnover of the company surpassed Rs 1 lakh crore mark.

  • Tech Mahindra is likely to post an 11 percent YoY decline in consolidated net profit at Rs 1,336 crore while increasing 3 percent QoQ when it reports fourth-quarter earnings on April 27, as per a poll of brokerages.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AARTISURF Audited Results 27-Apr-23 LLOYDSTEEL Audited Results;Final Dividend;General 27-Apr-23
ABSLAMC Audited Results;Final Dividend 27-Apr-23 LTIM Audited Results;Final Dividend 27-Apr-23
ACC Audited Results;Quarterly Results 27-Apr-23 MADHUVEER A.G.M.;General;Preferential Issue of shares 27-Apr-23
APCOTEXIND Audited Results;Final Dividend 27-Apr-23 MOTILALOFS Audited Results;Final Dividend;Quarterly Results 27-Apr-23
ATFL Audited Results;Final Dividend 27-Apr-23 MPHASIS Audited Results;Dividend;Final Dividend 27-Apr-23
AURUM Audited Results;Quarterly Results 27-Apr-23 OMINFRAL Audited Results;Final Dividend 27-Apr-23
AXISBANK Audited Results;Dividend;General 27-Apr-23 PREVEST Audited Results 27-Apr-23
BAJAJFINSV Audited Results;Final Dividend 27-Apr-23 QGO General 27-Apr-23
BAJAJHLDNG Audited Results;Final Dividend 27-Apr-23 SDBL Audited Results;Final Dividend;General 27-Apr-23
BETALA Audited Results;Quarterly Results 27-Apr-23 SHREDIGCEM Audited Results;Final Dividend 27-Apr-23
CHENNPETRO Audited Results;Final Dividend 27-Apr-23 SHRGLTR Audited Results;Final Dividend 27-Apr-23
COFORGE Audited Results;Interim Dividend 27-Apr-23 SHRIRAMFIN Audited Results;Final Dividend;General;Quarterly Results 27-Apr-23
CYBERTECH Audited Results;Final Dividend 27-Apr-23 SNOWMAN Audited Results 27-Apr-23
DHENUBUILD Audited Results;General 27-Apr-23 SOURCENTRL General 27-Apr-23
DHPIND General 27-Apr-23 SRIKPRIND Audited Results 27-Apr-23
DWARKESH A.G.M.;Audited Results 27-Apr-23 STEELXIND General;Preferential Issue of shares 27-Apr-23
EFCIL Increase in Authorised Capital;General;Preferential Issue of shares 27-Apr-23 SURYAROSNI Audited Results;Final Dividend 27-Apr-23
EMBASSY Audited Results;Dividend 27-Apr-23 SWARAJENG Audited Results;Final Dividend 27-Apr-23
ESSENTIA General;Quarterly Results 27-Apr-23 TECHM Audited Results;Final Dividend 27-Apr-23
GATEWAY Audited Results 27-Apr-23 TINPLATE Audited Results;Dividend 27-Apr-23
GLS Audited Results 27-Apr-23 TRENT Audited Results;Dividend 27-Apr-23
HINDUNILVR Audited Results;Final Dividend 27-Apr-23 USHAMART Audited Results;Final Dividend 27-Apr-23
INDHOTEL Audited Results;Final Dividend 27-Apr-23 VALUEIND Audited Results;Quarterly Results 27-Apr-23
IVP Audited Results;Final Dividend 27-Apr-23 VIDEOIND Audited Results;Quarterly Results 27-Apr-23
KIRLPNU Audited Results;Final Dividend 27-Apr-23 VSSL Audited Results;Final Dividend 27-Apr-23
KKCL Audited Results;Interim Dividend 27-Apr-23 WELSPUNIND Audited Results;Buy Back of Shares;Final Dividend 27-Apr-23
LAURUSLABS Audited Results;Interim Dividend 27-Apr-23 WHITHAL Audited Results 27-Apr-23
LEX General 27-Apr-23 WIPRO Audited Results;Buy Back of Shares;Quarterly Results 27-Apr-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ABB 27-Apr-23 Dividend – Rs. – 5.5000 FRUTION 04-May-23 E.G.M.
HCLTECH 28-Apr-23 Interim Dividend – Rs. – 18.0000 PHYTO 04-May-23 E.G.M.
JOSTS 28-Apr-23 Stock  Split From Rs.5/- to Rs.2/- RKFORGE 09-May-23 Interim Dividend
JSL 28-Apr-23 Special Dividend – Rs. – 1.0000 MINDSPACE 10-May-23 Income Distribution RITES
KSB 28-Apr-23 Final Dividend – Rs. – 15.0000 APTUS 12-May-23 Interim Dividend
RAJOOENG 28-Apr-23 E.G.M. RISHYRN 12-May-23 E.G.M.
SANOFI 28-Apr-23 Final Dividend – Rs. – 194.0000 TATACOFFEE 15-May-23 Dividend – Rs. – 3.0000
SANOFI 28-Apr-23 Special Dividend – Rs. – 183.0000 VISAKAIND 15-May-23 Stock  Split From Rs.10/- to Rs.2/-
SERA 28-Apr-23 Stock  Split From Rs.10/- to Rs.2/- GMBREW 16-May-23 Final Dividend – Rs. – 6.0000
SPRAYKING 28-Apr-23 Bonus issue 2:3 HDFCBANK 16-May-23 Final Dividend – Rs. – 19.0000
ELANTAS 02-May-23 Dividend – Rs. – 5.0000 TATACONSUM 19-May-23 Final Dividend – Rs. – 8.4500
SAMOR 02-May-23 Right Issue of Equity Shares RCL 31-May-23 Stock  Split From Rs.10/- to Rs.1/-
STOVACQ 02-May-23 Final Dividend – Rs. – 47.0000 INFY 02-Jun-23 Final Dividend – Rs. – 17.5000
APOLLO 04-May-23 Stock  Split From Rs.10/- to Rs.1/- NATHBIOGEN 23-Jun-23 Final Dividend – Rs. – 2.0000
CASTROLIND 04-May-23 Final Dividend – Rs. – 3.5000 BAJAJ-AUTO 30-Jun-23 Final Dividend – Rs. – 140.0000
CRISIL 04-May-23 Interim Dividend – Rs. – 7.0000 MAHSCOOTER 30-Jun-23 Final Dividend – Rs. – 60.0000

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