The NIFTY opened at 19427.10 with a gap up of 72 points. The index continued its bullish momentum and started moving higher after recording Its intraday low at 19406.45 in its initial trades. A sharp rally came which took the index above 19500. However, prices found resistance there and moved down after a consolidation breakdown. The index recorded its intraday high at 19515.10.A sharp decline brought prices to its opening tick. The index saw some up move towards the end and finally closed at 19439.40 near its opening tick with a gain of 83.50 points or 0.43% up. AUTO, FMCG, and PHARMA outperformed today by ending over 1% higher followed by OIL GAS FINANCIAL, BANK, and METAL under performed and ended lower. REALTY moved sideways today and closed without much of a change. The short-term trend is up. The intraday range was very narrow as prices have moved inside a range of just 109 points. Support is visible around 18900 while resistance may emerge around 19500.


The BANK NIFTY opened at 44998 with a gap up of 129 points. The index initially moved sideways and then broke on the upside. Prices have rallied but found resistance quickly and again started moving sideways. This time, the Index broke on the downside after recording its intraday high at 45139.55. Prices have seen a sharp decline and recorded its intraday low at 44663.05. The index finally closed at 44786.35 with a loss of 83 points. PSU BANK again underperformed, saw a mild downside move, and closed with a loss of 0.22 %. PVT BANK outperformed today and closed with a gain of 0.14% Within the index, in terms of points, IDFC FIRST BANK contributed the highest on the upside while HDFC BANK contributed the lowest. On the daily timeframe chart, the support is visible around 44500 while resistance is visible around 45500. For the past eight trading days, the index is moving within this 1000 points trading range.


APOLLO HOSPITAL 5257.00 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 5268 with a stop loss of 5236 and a target of 5361.
AXIS BANK 953.20 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 950.40 with a stop loss of 956.85 and a target of 937.40.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
APOLLO HOSPITAL  5300 CE BUY 114.45 CMP 96.50 170.00 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
TATACOMM.23.07 Jul 1646.85 6.9 13.05 4066000 NAVINFLUOR.23.07 Jul 4258.35 -4.55 4.98 683100
POLYCAB.23.07 Jul 3783.15 6.1 18.11 1653000 DEEPAKNTR.23.07 Jul 1928.75 -3.02 10.66 2655900
INDIAMART.23.07 Jul 2787.4 5.23 26.94 619200 UPL.23.07 Jul 643.9 -2.84 6.52 20163000
RBLBANK.23.07 Jul 194.9 4.78 2.94 59270000 BANDHANBNK.23.07 Jul 223.3 -2.77 9.74 50242500
IDFCFIRSTB.23.07 Jul 83.2 4.59 5.08 176400000 ATUL.23.07 Jul 6435.05 -2.51 10.22 484425
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IDFC.23.07 Jul 115 3.98 -0.75 146920000 IBULHSGFIN.23.07 Jul 124.35 -1.78 -1.77 59664900
DIXON.23.07 Jul 4401.6 3.44 -2.37 806600 CHOLAFIN.23.07 Jul 1136.8 -1.75 -0.1 11946250
SUNTV.23.07 Jul 477.05 3.02 -2.01 8763000 JSWSTEEL.23.07 Jul 797.6 -1.22 -3.96 28318950
BHEL.23.07 Jul 94.1 2.84 -5.07 97209000 HINDALCO.23.07 Jul 426.4 -0.86 -0.26 31543400
BALKRISIND.23.07 Jul 2352.45 2.82 -3.38 1662300 HDFC.23.07 Jul 2749.9 -0.68 -9.09 10667400


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hdfc Ltd. 2747.35 -0.65 8570071 4718030 77.66 Nifty50 19439.4 0.43 36764718
Hindustan Unilever Ltd 2684.5 1.05 2476367 1134324 74.72 Niftybank 44745.05 -0.26 15927766
Power Grid Corporation o 253.5 1.4 5614534 8480502 73.81 Nifty it 29324.8 0.45 950829
Ntpc Limited 192.4 0.44 11236383 7173276 70.06 India Vix 11.01 -3.93 636499919
Shriram Finance Limited 1760.7 2.18 1217122 890236 69.28 Nifty Fmcg 53184.4 1.23 404627
Britannia Ind Ltd. 5083.9 1.03 385742 208808 67.68 Nifty Pharma 13895.4 1.04 51549041
Dabur India Ltd. 581.65 1.56 1212325 1345808 67.31 Nifty Realty 526.85 -0.01 1355313660
Bharat Petroleum Ltd 390.9 1.22 3124657 2421444 66.66 Nifty Auto 15617.45 1.39 45885805
Sbi Life Insurance Compa 1295 0.13 821816 449094 66.5 Nifty Metal 6369.1 -0.25 111947159
Cummins India Limited 1890.65 -0.14 334485 267361 66.33 Nifty Financial Services 19969.35 -0.44 7251392


   Domestic                                                                                                                                                  International
INR: Cumulative Industrial Production (Apr) on 15th July, 2023

INR: CPI (YoY) (Jun) on 12th July, 2023

USD: CPI (YoY) (Jun) on 12th July, 2023

USD: Crude Oil Inventories on 12th July, 2023


  • Benchmark indices ended higher on July 11 with Nifty around 19450 amid buying across the sectors barring metal and PSU Banks. At close, the Sensex was up 273.67 points or 0.42% at 65,617.84, and the Nifty was up 83.50 points or 0.43% at 19,439.40. About 1892 shares advanced, 1496 shares declined, and 117 shares unchanged.

  • Electronic manufacturing services and solutions provider Cyient DLM seems to be in great demand in the grey market as its shares traded with a 45 percent premium over the issue price of Rs 265 per share ahead of its listing next week, analysts said on anonymity.

  • Indian conglomerate Vedanta Ltd’s London-based parent, Vedanta Resources, has been plagued by a rising debt pile. Some ratings agencies downgraded the company this year amid concerns about risks of a debt default.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
5PAISA Quarterly Results;General 12-Jul-23 BEPL Quarterly Results;Interim Dividend 13-Jul-23
AKI Quarterly Results 12-Jul-23 BIRLAMONEY Quarterly Results 13-Jul-23
ANANDRATHI Quarterly Results 12-Jul-23 COMPUAGE Quarterly Results;General 13-Jul-23
ARTSONEN A.G.M.;Quarterly Results 12-Jul-23 FEDERALBNK Quarterly Results 13-Jul-23
ASHIANA Buy Back of Shares 12-Jul-23 GISOLUTION Quarterly Results;General 13-Jul-23
GOBLIN General 12-Jul-23 LONTE Quarterly Results 13-Jul-23
GSBFIN General 12-Jul-23 NDASEC Preferential Issue of shares;A.G.M.;General 13-Jul-23
HATHWAYB Quarterly Results 12-Jul-23 NGIL Quarterly Results;General 13-Jul-23
HCLTECH Quarterly Results;Interim Dividend 12-Jul-23 PQIF General 13-Jul-23
JFL A.G.M. 12-Jul-23 ROSELABS Quarterly Results 13-Jul-23
KSHITIJ General 12-Jul-23 SCBL Quarterly Results;General 13-Jul-23
NATIONSTD Quarterly Results 12-Jul-23 SWSOLAR Quarterly Results 13-Jul-23
PRESSURS Quarterly Results 12-Jul-23 TAPARIA Bonus issue;General 13-Jul-23
SEL Quarterly Results 12-Jul-23 TATAMETALI Audited Results;Quarterly Results 13-Jul-23
SPICEJET Preferential Issue of shares 12-Jul-23 THIRDFIN Quarterly Results 13-Jul-23
SSWL A.G.M.;Quarterly Results 12-Jul-23 UNITECH Quarterly Results 13-Jul-23
STML A.G.M.;General 12-Jul-23 VBDESAI Quarterly Results 13-Jul-23
TCS Audited Results;Quarterly Results;Interim Dividend 12-Jul-23 WIPRO Quarterly Results 13-Jul-23
ACROW A.G.M.;Quarterly Results;General 13-Jul-23 AIIL Scheme of Arrangement 14-Jul-23
ANGELONE Quarterly Results;Interim Dividend 13-Jul-23 ALFREDHE Quarterly Results 14-Jul-23
ANMOL A.G.M.;General 13-Jul-23 AMAL Quarterly Results 14-Jul-23
AVANTEL Quarterly Results 13-Jul-23 BANDHANBNK Quarterly Results 14-Jul-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
AVADHSUGAR 12-Jul-23 Dividend – Rs. – 10.0000 BIMETAL 14-Jul-23 Dividend – Rs. – 12.5000
BLISSGVS 12-Jul-23 Final Dividend – Rs. – 0.5000 BOSCHLTD 14-Jul-23 Final Dividend – Rs. – 280.0000
JUBLFOOD 12-Jul-23 Final Dividend – Rs. – 1.2000 BSOFT 14-Jul-23 Final Dividend – Rs. – 2.0000
KIRLPNU 12-Jul-23 Final Dividend – Rs. – 3.0000 CONTROLPR 14-Jul-23 Final Dividend – Rs. – 5.0000
NDRAUTO 12-Jul-23 Final Dividend – Rs. – 5.0000 COROMANDEL 14-Jul-23 Final Dividend – Rs. – 6.0000
WHEELS 12-Jul-23 Final Dividend – Rs. – 3.9700 EXPLEOSOL 14-Jul-23 Dividend – Rs. – 5.0000
AMRUTANJAN 13-Jul-23 Buy Back of Shares GLOBUSSPR 14-Jul-23 Dividend – Rs. – 6.0000
HDFC 13-Jul-23 Amalgamation HINDZINC 14-Jul-23 Interim Dividend – Rs. – 7.0000
ICICIPRULI 13-Jul-23 Final Dividend – Rs. – 0.6000 INFRATRUST 14-Jul-23 Income Distribution (InvIT)
MAGADHSUGAR 13-Jul-23 Dividend – Rs. – 7.0000 KABRAEXTRU 14-Jul-23 Final Dividend – Rs. – 3.5000
ORIENTHOT 13-Jul-23 Dividend – Rs. – 0.5000 KIRLFER 14-Jul-23 Dividend – Rs. – 3.0000
SANINFRA 13-Jul-23 Final Dividend – Rs. – 0.0350 KSOLVES 14-Jul-23 Final Dividend – Rs. – 8.0000
SEACOAST 13-Jul-23 Right Issue of Equity Shares LUPIN 14-Jul-23 Final Dividend – Rs. – 4.0000
TITAN 13-Jul-23 Dividend – Rs. – 10.0000 M&M 14-Jul-23 Dividend – Rs. – 16.2500
WENDT 13-Jul-23 Final Dividend – Rs. – 50.0000 MAHLOG 14-Jul-23 Final Dividend – Rs. – 2.5000
APOLLOTYRE 14-Jul-23 Special Dividend – Rs. – 0.5000 POLYCHEM 14-Jul-23 Final Dividend – Rs. – 20.0000
APOLLOTYRE 14-Jul-23 Final Dividend – Rs. – 4.0000 PTL 14-Jul-23 Final Dividend – Rs. – 1.7500
APTECHT 14-Jul-23 Bonus issue 2:5 RECLTD 14-Jul-23 Final Dividend – Rs. – 4.3500
ARTEMISMED 14-Jul-23 Dividend – Rs. – 0.4500 RNAVAL 14-Jul-23 Resolution Plan -Suspension
ASTRAZEN 14-Jul-23 Dividend – Rs. – 16.0000 SAFARIND 14-Jul-23 Final Dividend – Rs. – 2.0000
ATUL 14-Jul-23 Final Dividend – Rs. – 25.0000 SHANTIGEAR 14-Jul-23 Final Dividend – Rs. – 2.0000
AUBANK 14-Jul-23 Final Dividend – Rs. – 1.0000 TASTYBIT 14-Jul-23 Final Dividend – Rs. – 2.0000

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