The NIFTY opened at 19729.35 with a gap up of 57 points. The index could not sustain at the higher levels and started drifting downwards from the opening tick. Prices have found support, turned up but failed to hold higher, and again moved down to record its intraday low at 19615.95. The decline was sharp this time but found support just above 19600.The index recovered in the last two hours of trading and finally closed at 19680.60 below its opening tick but above last closing price with again of just 8.25 points or 0.04% up. The METAL outperformed today and ended with a gain of nearly 3% followed by MEDIA, AUTO, and OIL GAS. FMCG underperformed and ended with a loss of nearly 1% followed by REALTY and IT. The short-term trend is up. Support is visible around 19500 while psychological resistance is visible around the historic 20000 mark.


The BANK NIFTY opened at 46154.70 with a gap up of 233 points. The index could not sustain at the higher levels and started drifting downwards after recording its intraday high at 46156.10. The gap was filled quickly and prices moved further down to record its intraday low at 45622.85. The index finally closed at 45838.10 with a loss of 83 points. PSU BANK underperformed today, saw a sharp down move, and closed with a loss of 1.46% PVT BANK has also moved down but closed with a loss of just 0.11%. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. The short-term trend is up. Support is now visible around 45000 while resistance is visible around 46300. For the next couple of days, we should step aside and avoid trading the index.


INDIAN CEM 212.25 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 214.30 with a stop loss of  211.70 and a target of 219.20.
TATA CHEM 977.10 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 975.65 with a stop loss of 981.70 and a target of 964.00.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
TITAN (23 AUG)   3100 CE BUY 73 CMP 65.15 89.45 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
ZEEL.23.07 Jul 235.7 6.12 0.91 47619000 ASIANPAINT.23.07 Jul 3393.05 -4.46 18.28 3482400
TVSMOTOR.23.07 Jul 1384.15 5.7 12.26 5971700 INDIGO.23.07 Jul 2584.05 -3.35 1.32 2560800
JINDALSTEL.23.07 Jul 663.5 5.43 11.14 17970000 DLF.23.07 Jul 482.25 -2.4 11.12 19781850
ALKEM.23.07 Jul 3943.9 4.38 8.96 702600 PNB.23.07 Jul 60.7 -2.33 6.21 226032000
GAIL.23.07 Jul 116.95 4.19 0.85 66310050 PIIND.23.07 Jul 3573.75 -1.74 8.72 1216250
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
HINDCOPPER.23.07 Jul 124.7 5.37 -3.97 19207200 CANFINHOME.23.07 Jul 849.5 -4.76 -18.05 1828125
ACC.23.07 Jul 1900 4.95 -32.73 1680300 INDIAMART.23.07 Jul 2942.95 -3.55 -21.36 540000
AMBUJACEM.23.07 Jul 442 4.38 -4.23 41668200 L&TFH.23.07 Jul 127.1 -3.42 -20.57 40140152
GMRINFRA.23.07 Jul 48.3 3.65 -6.06 92722500 NAVINFLUOR.23.07 Jul 4270 -3.06 -19.36 469800
MGL.23.07 Jul 1088.55 3.62 -3.18 1852800 ATUL.23.07 Jul 6562 -2.22 -29.64 188700

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Petronet Lng Limited 225.7 0.83 943106 3706579 86.05 Nifty50 19680.6 0.04 85530
Godrej Cons Products Ltd 1034.85 -0.15 1113858 829676 78.57 Niftybank 45845 -0.17 85530
Hcl Technologies Ltd. 1111.55 -0.12 2506726 2057208 76.98 Nifty it 29761.15 -0.28 85530
Crompton Greaves Consume 287.25 -0.91 1396879 1798081 75.74 India Vix 10.24 -12.08 85527
Bharti Airtel Limited 883.65 -0.51 3652262 3081673 74.7 Nifty Fmcg 52315.95 -0.86 85530
Hindustan Unilever Ltd 2568.15 -0.47 1653775 1276281 71.8 Nifty Pharma 14383.25 0.36 85530
Sun Pharma  Ltd 1095.05 -0.49 1702900 1466374 68.84 Nifty Realty 535 -0.4 85530
Navin Fluorine Internati 4308.4 -2.58 566511 222639 67.43 Nifty Auto 15765.6 0.95 85530
Power Grid Corporation o 251.15 1.5 7875013 7486738 67.33 Nifty Metal 6583.65 2.94 85530
Tata Consultancy Serv Lt 3399.15 0.13 1272980 1129015 67.2 Nifty Financial Services 20530.1 0.13 85524

Upcoming Economic Data

   Domestic                                                                                                                                                  International
INR: M3 Money Supply on 26th July, 2023

INR: Infrastructure Output (YoY) (Jun) on 31st July, 2023

USD: Building Permits on 26th July, 2023

USD: Fed Interest Rate Decision on 26th July, 2023

News Updates

  • Benchmark indices ended on a flat note in the volatile session on July 25. At Close, the Sensex was down 29.07 points or 0.04% at 66,355.71, and the Nifty was up 8.30 points or 0.04% at 19,680.60. About 1686 shares advanced, 1754 shares declined, and 135 shares unchanged.

  • Bajaj Auto on July 25 posted a 42 per cent rise in profit after tax (PAT) at Rs 1,665 crore in the quarter ended June 30, 2023 against Rs 1,173 crore registered in the year-ago period. The rise in net profit for the first quarter is on the back of a favourable product mix, healthy volumes and an increase in the average selling price (ASP) of its lineup.

  • HDFC AMC has impressed analysts with growth in its assets under management (AUM), systematic transactions, and with market share gains in the June quarter. However, a 42 percent rally in the past two months indicates the stock has priced in all positives, believe brokerages.

  • Asian Paints on July 25 reported consolidated net profit at Rs 1,574.84 crore for the June quarter of FY24, registering a growth of 52 percent from Rs 1,036.03 crore in the same quarter of the previous financial year. The company reported a 24 percent rise in profit from Rs 1,268.41 crore in the previous quarter.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ABSLAMC Quarterly Results 26-Jul-23 FINEORG Quarterly Results 26-Jul-23
AEGISLOG Interim Dividend;Quarterly Results 26-Jul-23 GARGI Quarterly Results 26-Jul-23
AETHER Quarterly Results;General 26-Jul-23 GLAXO Quarterly Results 26-Jul-23
AIIL General 26-Jul-23 GODFRYPHLP Quarterly Results 26-Jul-23
AKSHOPTFBR Quarterly Results 26-Jul-23 GOTHIPL Quarterly Results;General 26-Jul-23
ALLSEC Quarterly Results 26-Jul-23 GUJHOTE Quarterly Results 26-Jul-23
ANDHRAPET Quarterly Results 26-Jul-23 HFCL Quarterly Results 26-Jul-23
APCOTEXIND Quarterly Results 26-Jul-23 HGIND Quarterly Results 26-Jul-23
APIL Preferential Issue of shares;A.G.M. 26-Jul-23 IMFA Quarterly Results 26-Jul-23
ASHIMASYN Quarterly Results;General 26-Jul-23 IONEXCHANG Quarterly Results 26-Jul-23
ATFL Quarterly Results 26-Jul-23 ISMTLTD Quarterly Results 26-Jul-23
AXISBANK Quarterly Results 26-Jul-23 JCHAC Quarterly Results 26-Jul-23
BAJFINANCE Quarterly Results 26-Jul-23 JHACC Quarterly Results 26-Jul-23
BANARBEADS Quarterly Results 26-Jul-23 JSL Quarterly Results 26-Jul-23
BHARATWIRE Quarterly Results 26-Jul-23 JUBLINGREA Quarterly Results 26-Jul-23
BLBLIMITED Quarterly Results;General 26-Jul-23 KAJARIACER Quarterly Results 26-Jul-23
BPCL Quarterly Results 26-Jul-23 KUANTUM Quarterly Results 26-Jul-23
CIPLA Quarterly Results 26-Jul-23 MAGANTR General 26-Jul-23
COLPAL Quarterly Results 26-Jul-23 MAHEPC Quarterly Results 26-Jul-23
DEEPAKFERT Quarterly Results 26-Jul-23 MAHLIFE Quarterly Results;General 26-Jul-23
DRREDDY Quarterly Results 26-Jul-23 MANINDS Interim Dividend 26-Jul-23
EMBASSY Interim Dividend;Quarterly Results;General 26-Jul-23 MANYAVAR Quarterly Results 26-Jul-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
20MICRONS 26-Jul-23 Final Dividend – Rs. – 0.7500 HEROMOTOCO 27-Jul-23 Final Dividend – Rs. – 35.0000
3MINDIA 26-Jul-23 Final Dividend – Rs. – 100.0000 INDAG 27-Jul-23 Final Dividend – Rs. – 1.5000
ASALCBR 26-Jul-23 Final Dividend – Rs. – 1.0000 JKTYRE 27-Jul-23 Dividend – Rs. – 2.0000
CUMMINSIND 26-Jul-23 Final Dividend – Rs. – 13.0000 MAANALU 27-Jul-23 Stock  Split From Rs.10/- to Rs.5/-
GOODYEAR 26-Jul-23 Final Dividend – Rs. – 26.5000 MAANALU 27-Jul-23 Bonus issue 1:1
GPPL 26-Jul-23 Final Dividend – Rs. – 3.4000 PIDILITIND 27-Jul-23 Final Dividend – Rs. – 11.0000
ORIENTELEC 26-Jul-23 Final Dividend – Rs. – 0.7500 PRADPME 27-Jul-23 Final Dividend – Rs. – 1.0000
PGCRL 26-Jul-23 Final Dividend – Rs. – 1.0000 PUNJABCHEM 27-Jul-23 Final Dividend – Rs. – 3.0000
SIMPLXREA 26-Jul-23 Final Dividend – Rs. – 1.0000 RAJGLOWIR 27-Jul-23 Final Dividend – Rs. – 2.0000
STEELCAS 26-Jul-23 Final Dividend – Rs. – 2.7000 RATNAMANI 27-Jul-23 Final Dividend – Rs. – 12.0000
TIINDIA 26-Jul-23 Final Dividend – Rs. – 1.5000 SAPPL 27-Jul-23 Dividend – Rs. – 1.0000
VINYLINDIA 26-Jul-23 Special Dividend – Rs. – 5.0000 SAREGAMA 27-Jul-23 Spin Off
VINYLINDIA 26-Jul-23 Final Dividend – Rs. – 5.0000 ULTRACEMCO 27-Jul-23 Final Dividend – Rs. – 38.0000
VRFILMS 26-Jul-23 Bonus issue 7:1 360ONE 28-Jul-23 Interim Dividend – Rs. – 4.0000
AKZOINDIA 27-Jul-23 Final Dividend – Rs. – 40.0000 AARTIIND 28-Jul-23 Final Dividend – Rs. – 1.5000
ASMTEC 27-Jul-23 Final Dividend – Rs. – 4.0000 ADANIPORTS 28-Jul-23 Final Dividend – Rs. – 5.0000
AUTOAXLES 27-Jul-23 Final Dividend – Rs. – 32.0000 AMARAJABAT 28-Jul-23 Final Dividend – Rs. – 3.2000
BHAGCHEM 27-Jul-23 Final Dividend – Rs. – 3.0000 APLLTD 28-Jul-23 Final Dividend – Rs. – 8.0000
DEEPAKNI 27-Jul-23 Final Dividend – Rs. – 7.5000 ARIHCAPM 28-Jul-23 Dividend – Rs. – 0.4000
DIAMONDYD 27-Jul-23 Dividend – Rs. – 1.0000 ASHIANA 28-Jul-23 Buy Back of Shares
DOLLAR 27-Jul-23 Dividend – Rs. – 3.0000 BAJAJELEC 28-Jul-23 Final Dividend – Rs. – 4.0000
HATSUN 27-Jul-23 Interim Dividend – Rs. – 6.0000 BANSWRAS 28-Jul-23 Dividend – Rs. – 3.0000

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