The NIFTY opened at 18268.90 with a gap down of just 17 points. Initially, the index found resistance around 18300, started a consolidation process, and then broke on the downside. Prices have seen a mild down move which found support around 18200. The index bounced after recording its intraday low at 18202.40 and broke the early morning highs. Prices have further moved up which lasted till the end and recorded its intraday high at 18338.10. The index finally closed at 18321.15 with a gain of 37.75 points or 0.20% up. REALTY outperformed today and gained 1.12% followed by FMCG METAL, and AUTO, OIL GAS, MEDIA, and FINANCIAL underperformed today and closed with minor losses. The short-term trend is sideways. A trading range is visible on the daily timeframe chart within the 18100-18400 zones. The index has been moving within this range for the past three weeks.


The BANK NIFTY opened at 43630.25 with a minor gap down of just 32 points. Prices have continued moving lower and found intraday support around 43400. The index then saw a sharp recovery. Prices have recorded its intraday high at 43719.85, intraday low at 43390.30, and finally closed at 43679.20 with a gain of just 17 points.PSU BANK has underperformed today, saw a mild down move, and closed with a loss of 0.45% PVT BANK has outperformed today and closed with a gain of 0.09% Within the index, in terms of points, KOTAK BANK contributed the highest on the upside while INDUSIND BANK contributed the lowest. The short-term trend is sideways. We have mentioned support around 43000 and resistance around the lifetime high recorded at 44150. However, the support is now shifted to around 43400.


DIVIS LAB 3435.65 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 3447.50 with a stop loss of 3419.10 and a target of 3499.90.
INDIA CEM 185 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 183.55 with a stop loss of 185.65 and a target of 179.35.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
JUBL FOOD  490 CE BUY 15.55 CMP 13.15 19.15 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
SBILIFE.23.06 Jun 1173.2 0.15 14.82 1644750 MFSL.23.06 Jun 674.15 -0.85 2.34 1222650
RAIN.23.06 Jun 148.45 0.03 42.73 11070500 INTELLECT.23.06 Jun 568.15 -0.27 5.49 3131000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
CUMMINSIND.23.06 Jun 1652.85 3.74 -75.6 147000 TATACHEM.23.06 Jun 954.95 -3.38 -66.15 305500
JUBLFOOD.23.06 Jun 489.6 3.55 -69.76 823750 ASHOKLEY.23.06 Jun 145.2 -3.17 -66.67 3660000
IDFC.23.06 Jun 94.5 3.5 -70.83 12910000 INDIACEM.23.06 Jun 184.85 -2.68 -86.26 588700
INDUSTOWER.23.06 Jun 147.85 3.5 -75.47 1162000 DEEPAKNTR.23.06 Jun 2083.75 -2.3 -33.41 303000
IDFCFIRSTB.23.06 Jun 67.9 3.03 -69.52 11685000 GRANULES.23.06 Jun 273.3 -1.92 -75.78 578000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Infosys Limited 1258.35 1.06 5534710 6198401 74.75 Nifty50 18321.15 0.2 30335992
Sun Pharma  Ltd 953 -0.31 1814239 1458344 72.38 Niftybank 43681.4 0.01 12718524
Nestleind 21786.6 -0.03 72570 47184 70.46 Nifty it 28928.75 0.13 719943
Pvr Inox Limited 1465.05 1.24 724042 125163 70.09 India Vix 12.52 -4.5 433284363
Larsen & Toubro Limited 2246.85 1.16 2662740 3740432 69.69 Nifty Fmcg 49657 0.61 446787
Power Grid Corporation o 243.25 0.62 9140823 7133041 68.65 Nifty Pharma 12455.5 0.12 44596017
Bharat Forge Ltd 766.75 1.21 1888769 1296192 68.62 Nifty Realty 466.7 1.12 1191852710
Crompton Greaves Consume 254.4 -0.24 1981128 1572094 68.23 Nifty Auto 14029.5 0.29 39628594
Sbi Life Insurance Compa 1189.45 0.2 680497 787448 67.98 Nifty Metal 5872.55 0.3 94715426
Bharti Airtel Limited 797.05 0.64 7569060 1738454 67.49 Nifty Financial Services 19239.3 -0.02 5063651


   Domestic                                                                                                                                                  International
INR: Federal Fiscal Deficit (Mar) on 31st May, 2023

INR: GDP Quarterly (YoY) (Q4) on 31st May, 2023

 USD: Core PCE Price Index (MoM) (Apr) on 26th May, 2023

USD: Core Durable Goods Orders (MoM) (Apr) on 26th May, 2023


  • Indian benchmark indices recovered some of the previous session losses to end on a positive note in a highly volatile session on May 25, helped by gains in FMCG and auto stocks. At close, the Sensex was up 98.84 points or 0.16% at 61,872.62, and the Nifty was up 35.80 points or 0.20% at 18,321.20.

  • JSW Energy to set up 3,800-tonne green hydrogen plant in Karnataka, sign 7-year supply deal with JSW Steel. The company intends to spend Rs 85,000 crore in the next seven years under its recently unveiled ‘Strategy 2.0’ initiative, wherein it aims to increase its generation capacity to 20 GW and energy storage of 40 GWh/5GW by 2030.

  • Nykaa’s Q4 earnings was sequential improvement in the EBITDA margin that analysts lauded, even as the company was somewhat affected by slowdown in demand for discretionary products.

  • Vedanta appoints Mike Young as Senior VP for its semiconductor business in India. An industry veteran with 34 years of experience, Young will oversee execution of manufacturing and operational processes as the company gears up to set its first semiconductor fab in India..

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AADIIND Audited Results 26-May-23 ASIFOOD Audited Results;General 26-May-23
ABCINDQ Audited Results;Dividend 26-May-23 ASTRAMICRO Audited Results;Final Dividend 26-May-23
ABMKNO Audited Results;Final Dividend 26-May-23 ASWTR Audited Results 26-May-23
ACI Audited Results;Final Dividend 26-May-23 ATHCON Audited Results 26-May-23
ADCINDIA Audited Results;Dividend 26-May-23 AVALON Audited Results 26-May-23
ADCON Audited Results 26-May-23 BANASFN Audited Results 26-May-23
ADITYASP Audited Results 26-May-23 BATLIBOI Audited Results;Quarterly Results 26-May-23
ADL Audited Results;Quarterly Results 26-May-23 BBL Audited Results;Dividend 26-May-23
AGARWAL Audited Results;General 26-May-23 BBREALTY Audited Results 26-May-23
AGSTRA Audited Results;Final Dividend 26-May-23 BBTC Audited Results;Dividend 26-May-23
AIML Audited Results;General;Quarterly Results 26-May-23 BEMHY A.G.M.;Audited Results;Dividend on Preference Shares;General 26-May-23
ALMONDZ Audited Results;General;Quarterly Results 26-May-23 BEML Audited Results;Final Dividend 26-May-23
ALPHAGEO Audited Results;Final Dividend;General 26-May-23 BFINVEST Audited Results 26-May-23
ALSTONE Audited Results;General 26-May-23 BHANDHOS Audited Results;Right Issue of Equity Shares;Final Dividend 26-May-23
AMARNATH Audited Results 26-May-23 BHEL Audited Results;Final Dividend 26-May-23
AMBICAAGAR Audited Results 26-May-23 BIHSPONG Audited Results 26-May-23
AMBIKCO Audited Results;Final Dividend 26-May-23 BIRLAPREC Audited Results;Preferential Issue of shares 26-May-23
AMTL Audited Results 26-May-23 BLACKROSE Audited Results;Final Dividend 26-May-23
ANNAINFRA Audited Results 26-May-23 BLKASHYAP Audited Results 26-May-23
APCL Audited Results 26-May-23 CAPACITE General;Quarterly Results;Audited Results 26-May-23
ARISINT Audited Results;General 26-May-23 CAPRICORN Audited Results 26-May-23
ARYACAPM Audited Results;General 26-May-23 CAPRIHANS Audited Results 26-May-23
ASHAI Audited Results 26-May-23 CHAMANSEQ Audited Results;Final Dividend 26-May-23
ASHRAM Audited Results 26-May-23 CHAMBLFERT Audited Results;Final Dividend 26-May-23
ASIANFR Audited Results;Quarterly Results 26-May-23 CHECKPOINT Audited Results;General;Reduction of Capital 26-May-23

Corporate Action

Company Name Ex-Date Purpose Company Name Ex-Date Purpose
BIRET 26-May-23 Income Distribution RITES SHREECEM 01-Jun-23 Interim Dividend – Rs. – 55.0000
PGIL 26-May-23 Interim Dividend – Rs. – 5.0000 SIL 01-Jun-23 Interim Dividend – Rs. – 0.8000
RADHIKAJWE 26-May-23 Stock  Split From Rs.10/- to Rs.2/- TRIDENT 01-Jun-23 Interim Dividend – Rs. – 0.3600
SIMPLXMIL 26-May-23 Consolidation of Shares ANZEN 02-Jun-23 Income Distribution (InvIT)
SIMPLXPAP 26-May-23 Consolidation of Shares AXITA 02-Jun-23 Buy Back of Shares
VSSL 26-May-23 Bonus issue 1:1 EDELWEISS 02-Jun-23 Spin Off
ANANDRATHI 29-May-23 Final Dividend – Rs. – 7.0000 HAVELLS 02-Jun-23 Final Dividend – Rs. – 4.5000
DATAINFRA 29-May-23 Income Distribution (InvIT) INFY 02-Jun-23 Final Dividend – Rs. – 17.5000
IRB 29-May-23 Interim Dividend – Rs. – 0.0750 JSWENERGY 02-Jun-23 Final Dividend – Rs. – 2.0000
MMFL 29-May-23 Interim Dividend – Rs. – 6.0000 MAHINDCIE 02-Jun-23 Final Dividend – Rs. – 2.5000
ITC 30-May-23 Final Dividend – Rs. – 6.7500 NECCLTD 02-Jun-23 Right Issue of Equity Shares
ITC 30-May-23 Special Dividend – Rs. – 2.7500 PAGEIND 02-Jun-23 Interim Dividend
RALLIS 30-May-23 Final Dividend – Rs. – 2.5000 STEELCAS 02-Jun-23 Special Dividend – Rs. – 3.1500
SHREERAMA 30-May-23 Right Issue of Equity Shares SYLPH 02-Jun-23 Stock  Split From Rs.10/- to Rs.1/-
VEDL 30-May-23 Interim Dividend – Rs. – 18.5000 HARDWYN 05-Jun-23 Bonus issue 1:3
ADVANIHOTR 31-May-23 Interim Dividend – Rs. – 1.4000 HARDWYN 05-Jun-23 Stock  Split From Rs.10/- to Rs.1/-
BGJL 31-May-23 Right Issue of Equity Shares SHYAMMETL 05-Jun-23 Interim Dividend – Rs. – 1.8000
DBCORP 31-May-23 Interim Dividend – Rs. – 3.0000 NELCO 06-Jun-23 Dividend – Rs. – 2.0000
LODHA 31-May-23 Bonus issue 1:1 PRIMESECU 06-Jun-23 Dividend – Rs. – 0.5000
PGINVIT 31-May-23 Income Distribution (InvIT) SESHAPAPER 07-Jun-23 Dividend – Rs. – 6.0000
SBIN 31-May-23 Dividend – Rs. – 11.3000 TATAPOWER 07-Jun-23 Final Dividend – Rs. – 2.0000
APTECHT 01-Jun-23 Interim Dividend – Rs. – 6.0000 BIKAJI 08-Jun-23 Final Dividend – Rs. – 0.7500

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