The NIFTY opened at 22163.60 with a gap up of 40 points. The index continued its early morning bullish momentum and saw a sharp upside rally but found resistance in the afternoon session. Prices have formed a consolidation which eventually broke on the upside. Prices have seen another sharp surge. However, in the last 30 minutes of trading, the index saw a sharp dip which trimmed some gains. The index first recorded its intraday low at 22163.60 at its opening tick, then its intraday high at 22516 towards the end, and finally closed at 22326.90 with a gain of 203.25 points or 0.92% up. All the sectoral indices have moved in line with the NIFTY and closed higher except for MEDIA which ended with a loss. AUTO, METAL, and PHARMA outperformed today and closed with a gain of over 1%.


The BANK NIFTY opened at 46827.85 with a gap down of just 24 points. The index bounced up sharply from its opening tick and rallied higher. Prices have seen a minor dip in the afternoon session but found support quickly and again moved up. However, towards the end, prices have seen a sharp dip and erased some gains. The index first recorded its intraday low at 46827.85 at its opening tick, then its intraday high at 47440.45 towards the end, and finally closed at 47146.75 with a gain of 295 points. PSU BANKs have significantly outperformed today, saw a sharp upside move, and ended with a gain of 2.62%. PVT BANKs have also moved up today, saw a mild upside move, and closed with a gain of 0.35%. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while IDFC FIRST BANK contributed the lowest.


Long Buildup Short Buildup
Stocks Price Price% OI % OI   Stocks Price Price% OI % OI
MIDCPNIFTY.24.04 Apr 10549.6 0.2 4.24 1560600
BANKNIFTY.24.04 Apr 47545.15 1.68 236.77 3258030
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
NESTLEIND.24.04 Apr 2616.2 2 -94.07 82400 CHAMBLFERT.24.04 Apr 342.35 -91.81 -0.74 233700
ULTRACEMCO.24.04 Apr 9743 1 -92.45 44300 MOTHERSON.24.04 Apr 117.1 -90.56 -0.38 5197200
UBL.24.04 Apr 1733.15 2.12 -92.34 57200 CUB.24.04 Apr 135.05 -90.46 -0.37 1110000
LUPIN.24.04 Apr 1614.2 1.43 -91.44 213350 GLENMARK.24.04 Apr 958 -88.85 -0.33 123250
DABUR.24.04 Apr 523.45 0.54 -90.38 287500 BALRAMCHIN.24.04 Apr 362.4 -87.76 -0.14 324800



Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hdfc Life Insurance Comp 633.35 1.12 6878964 11829285 85.42 Nifty50 22326.9 0.92 50013486
Dalmia Bharat Limited 1942.15 -0.8 650389 837683 84.72 Niftybank 47124.6 0.72 23700053
Bharti Airtel Limited 1228.6 0.31 10518377 4597542 79.55 Nifty it 34898.15 0.44 1798622
Coromandel International 1075.05 0.21 373298 713513 79.27 India Vix 12.83 1.02 866754114
Mah & Mah Ltd. 1921.35 2.14 3790854 3303968 78.73 Nifty Fmcg 53949.2 0.76 853984
The Ramco Cements 810.55 -0.63 1545414 880205 78.42 Nifty Pharma 18996.15 1.21 58866405
Upl Limited 456 0.11 5435115 21779345 78.13 Nifty Realty 900.65 0.55 1238564790
Dabur India Ltd. 523.15 0.29 2312982 2051756 77.76 Nifty Auto 21419.1 1.29 52153064
Hindustan Unilever Ltd 2264.35 1.1 3186360 1652151 76.18 Nifty Metal 8257.2 1.25 135281304
Cholamandalam Investment 1156.6 2.34 1845633 1099198 76.02 Nifty Financial Services 20989.1 0.95 8192643


   Domestic                                                                                                                                                  International
INR: Interest Rate Decision on 05th April, 2024

INR: FX Reserves, USD on 05th April, 2024

USD: JOLTs Job Openings (Feb) on 02nd April, 2024

USD: Crude Oil Inventories on 03rd April, 2024


  • Indian equity indices posted solid gains in the truncated week ended March 28 and went closer to their record amid levels on the final session on the financial year 2024 amid mixed global markets, FIIs turn net buyers and fall in the current account deficit.

  • There is a complete lack of buzz in the bond market when it comes to the upcoming monetary policy decision, with consensus for another one of those predictable, status quo policies. But predictable lacks excitement, predictable is boring. Yet, predictability is what policymakers often aim for, and rightly so. Anyway, at least for the time being, the narrative driving bond yields in India is anything but policy rates.

  • The National Stock Exchange (NSE) has reduced the lot size for 75 active stocks in the small and medium enterprise (SME) segment while keeping the lot size unchanged for 216 stocks. The exchange conducts a half-yearly review of the lot size of current active securities on its SME platform.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
KPT General 01-Apr-24 VASWANI Preferential Issue of shares 05-Apr-24
SOTL General 01-Apr-24 FORTISMLR Interim Dividend 08-Apr-24
DEVLAB General 02-Apr-24 OKPLA Audited Results 08-Apr-24
EXHICON General 02-Apr-24 VKAL Stock  Split;Increase in Authorised Capital 08-Apr-24
GOPAL Quarterly Results 02-Apr-24 AGOL General;Audited Results;Quarterly Results 10-Apr-24
JSWENERGY General 02-Apr-24 BETALA Audited Results;Quarterly Results 10-Apr-24
MANRAJH General;Quarterly Results 02-Apr-24 ANGELONE Audited Results;Quarterly Results 17-Apr-24
SDBL General;Stock  Split 02-Apr-24 ICICIGI Audited Results;Final Dividend 17-Apr-24
AIHL General 03-Apr-24 INFY Audited Results;Final Dividend 18-Apr-24
KAMOPAINTS General;Stock  Split 03-Apr-24 ISEC Audited Results 18-Apr-24
WSI General;Issue Of Warrants;Preferential Issue of shares 03-Apr-24 AMAL Audited Results 19-Apr-24
BINNY Quarterly Results 04-Apr-24 HDFCAMC Audited Results;Final Dividend 19-Apr-24
GMBREW Audited Results;Final Dividend 04-Apr-24 HDFCBANK Audited Results;Final Dividend 20-Apr-24
IRB General 04-Apr-24 PERSISTENT Audited Results;Final Dividend 22-Apr-24
7SEASL General 05-Apr-24 ICICIPRULI Audited Results;Quarterly Results 23-Apr-24
METALFORGE Quarterly Results 05-Apr-24 NAM-INDIA Audited Results;Final Dividend 24-Apr-24

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
BDL 02-Apr-24 Interim Dividend – Rs. – 8.8500 VISCO 05-Apr-24 Interim Dividend – Rs. – 1.0000
FRSHTRP 02-Apr-24 Buy Back of Shares IMFA 08-Apr-24 Special Dividend
GPTHEALTH 02-Apr-24 Interim Dividend – Rs. – 1.0000 INDUSFINL 08-Apr-24 E.G.M.
TVSHLTD 02-Apr-24 Interim Dividend – Rs. – 94.0000 MASL 08-Apr-24 Resolution Plan -Suspension
ASHOKLEY 03-Apr-24 Interim Dividend – Rs. – 4.9500 PRIMAPLA 08-Apr-24 Interim Dividend
IYKOTHITE 03-Apr-24 Right Issue of Equity Shares SUNTV 08-Apr-24 Interim Dividend – Rs. – 3.0000
SEML 03-Apr-24 Bonus issue 1:2 DCMSRIND 10-Apr-24 Interim Dividend – Rs. – 2.0000
SHIVACEM 03-Apr-24 Right Issue of Equity Shares VESUVIUS 10-Apr-24 Final Dividend – Rs. – 12.7500
CUPID 04-Apr-24 Bonus issue 1:1 SHK 12-Apr-24 Interim Dividend
CUPID 04-Apr-24 Stock  Split From Rs.10/- to Rs.1/- STOVACQ 18-Apr-24 Final Dividend – Rs. – 17.0000
SAVFI 04-Apr-24 Right Issue of Equity Shares SCHAEFFLER 19-Apr-24 Final Dividend – Rs. – 26.0000
SUNCLAY 04-Apr-24 Interim Dividend – Rs. – 5.1500 NICCOUCO 23-Apr-24 E.G.M.
VBL 04-Apr-24 Final Dividend – Rs. – 1.2500 ABB 03-May-24 Final Dividend – Rs. – 23.8000
AAPLUSTRAD 05-Apr-24 Right Issue of Equity Shares SANOFI 03-May-24 Final Dividend – Rs. – 117.0000
BTML 05-Apr-24 Stock  Split From Rs.10/- to Rs.1/- HCLTECH 07-May-24 Interim Dividend
ESABINDIA 05-Apr-24 Interim Dividend – Rs. – 24.0000      

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