The NIFTY opened at 19422.80 with a gap down of 75 points. The index bounced up sharply, filled the gap, and moved further up to record fresh lifetime highs above 19500.Prices did not sustain there long and started a V-Shaped decline after recording its intraday high at 19523.60. The NIFTY moved down more than 200 points with consolidation in between. The index recorded its intraday low at 19303.60 near the closing time and finally ended at 19331.80 near its day’s lows with a loss of 165.50 points or0.85% down MEDIA outperformed today by ending almost 4% higher followed by AUTO. The rest of the sectoral indices closed lower today led by FMCG and REALTY and followed by BANK and FINANCIAL. However, a sharp decline afterward forced the index to break its eight days of higher closing streak by ending near its lows with a loss. On the weekly timeframe chart, the index closed with gains but made a long upper shadow indicating confusion. Support is visible around 18900 while resistance may emerge around 19500.


The BANK NIFTY opened at 45118.05 with a gap down of 196 points. The index initially tried to move higher but failed to do so and started drifting downwards after a consolidation. Prices recorded its intraday high at 45227.25 and saw a sharp downside move. The decline stopped and then the index recovered and again moved down in the last hour of trading. Prices have recorded its intraday low at 44844.80 and finally closed at 44892.10 with a loss of 422 points. PSU BANK outperformed today, saw a sharp upside move, and closed with a gain of 0.9%. PVT BANK underperformed today, saw a sharp downside move, and ended with a loss of 1.10%. Within the index, in terms of points, BANK BARODA contributed the highest on the upside while ICICI BANK contributed the lowest. Support is visible around 44500 while resistance is visible around 45500. On the weekly timeframe chart, the index made a candle with a long upper shadow but closed with minor gains indicating confusion amongst the traders


GRANULES 311.90 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 312.00 with a stop loss of 303.45 and a target of 332.60.
NMDC 106.90 BUY The stock is about to give a breakout on the intraday and the daily chart. The stock can be bought above 107.65 with a stop loss of 106.40 and a target of 111.75.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
TCS  3360 CE BUY 58 CMP 46.25 87.55 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
ZEEL.23.07 Jul 207.2 8.37 3.65 102384000 M&MFIN.23.07 Jul 324.8 -4.08 5.85 26252000
GRANULES.23.07 Jul 313.45 3.48 4.62 12090000 DEEPAKNTR.23.07 Jul 2058.15 -3.7 4.48 2380800
TATAMOTORS.23.07 Jul 621.7 2.86 5.58 51928425 DABUR.23.07 Jul 572.45 -3.37 8.52 14977500
GLENMARK.23.07 Jul 691.1 2.74 2.97 7183300 ASTRAL.23.07 Jul 1798.6 -2.96 3.67 2467341
PNB.23.07 Jul 60.8 2.62 0.57 306592000 MCDOWELL-N.23.07 Jul 920.4 -2.93 1.34 9751700
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PVR INOX LIMITED.23.07 J 1443.9 4.27 -3.2 3628405 INDIAMART.23.07 Jul 2747.8 -3.75 -1.91 507900
APOLLOTYRE.23.07 Jul 416.15 1.72 -0.4 11129900 SHRIRAMFIN.23.07 Jul 1722.7 -3.33 -0.1 5446800
TITAN.23.07 Jul 3151.9 1.39 -9.17 5189625 INTELLECT.23.07 Jul 602.75 -3.26 -5.08 2841800
PETRONET.23.07 Jul 230.55 1.18 -8.53 9102000 AUBANK.23.07 Jul 758.55 -3.1 -0.65 12153000
CANFINHOME.23.07 Jul 777.5 1.01 -2.42 2668575 UBL.23.07 Jul 1507.7 -2.66 -0.51 2205200


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hdfc Ltd. 2769.45 -0.95 1895901 3994777 83.21 Nifty50 19331.8 -0.85 35359424
Jk Cement Limited 3290.35 0.01 101126 45517 75.43 Niftybank 44925 -0.92 15229281
Indiamart Intermesh Limi 2745.8 -3.17 184170 145070 72.29 Nifty it 29560.45 -0.82 961629
Torrent Pharma Ltd. 1902.25 0.15 542361 279110 72.01 India Vix 11.53 -2.62 35359424
Tata Consumer Products l 833.25 -1.4 1811594 1666386 70.5 Nifty Fmcg 52942.45 -1.53 361216
Ultratech Cement Limited 8336.45 -0.88 354695 192773 69.92 Nifty Pharma 13769 -0.74 49664242
Infosys Limited 1330.2 -1.02 6295647 4116187 69.02 Nifty Realty 531.4 -1.18 1279935118
Wipro Ltd 395.85 -0.09 4532610 3107975 68.78 Nifty Auto 15498.85 0.29 44271547
Hindustan Unilever Ltd 2698.1 -2.14 1178930 848461 67.07 Nifty Metal 6279.25 -0.73 108864479
Sun Pharma  Ltd 1035.7 -0.65 1721224 1699839 66.63 Nifty Financial Services 20086.9 -0.9 3701300


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

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

USD: EIA Short-Term Energy Outlook on 11th July, 2023

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


  • Benchmark indices ended lower on July 7 with Nifty around 19,300 amid selling across the sectors barring auto and PSU Banks. At close, the Sensex was down 505.19 points or 0.77% at 65,280.45, and the Nifty was down 165.50 points or 0.85% at 19,331.80. About 1457 shares advanced, 1912 shares declined, and 118 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.

  • Drone maker Ideaforge Technology has recorded the best performance amongst the IPOs listed since November 2021, on its debut on July 7. The stock surged nearly 93 percent on a day when we saw a correction in the equity markets after their record highs.

  • PVR INOX adds 15 screen in two cities; stock jumps 4%, With this, PVR INOX has a total of 456 screens in 102 properties in North India and 297 screens in 69 properties in Central India.

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


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
LTIM 10-Jul-23 Final Dividend – Rs. – 40.0000 AMRUTANJAN 13-Jul-23 Buy Back of Shares
ONWARDTEC 10-Jul-23 Final Dividend – Rs. – 3.0000 HDFC 13-Jul-23 Amalgamation
BALKRISIND 11-Jul-23 Final Dividend – Rs. – 4.0000 ICICIPRULI 13-Jul-23 Final Dividend – Rs. – 0.6000
BHARATSE 11-Jul-23 Dividend – Rs. – 1.4000 MAGADHSUGAR 13-Jul-23 Dividend – Rs. – 7.0000
DRREDDY 11-Jul-23 Final Dividend – Rs. – 40.0000 ORIENTHOT 13-Jul-23 Dividend – Rs. – 0.5000
GGENG 11-Jul-23 Right Issue of Equity Shares SANINFRA 13-Jul-23 Final Dividend – Rs. – 0.0350
JSWSTEEL 11-Jul-23 Final Dividend – Rs. – 3.4000 TITAN 13-Jul-23 Dividend – Rs. – 10.0000
NEULANDLAB 11-Jul-23 Final Dividend – Rs. – 10.0000 WENDT 13-Jul-23 Final Dividend – Rs. – 50.0000
PECOS 11-Jul-23 Final Dividend – Rs. – 3.0000 APOLLOTYRE 14-Jul-23 Final Dividend – Rs. – 4.0000
PERSISTENT 11-Jul-23 Final Dividend – Rs. – 12.0000 APOLLOTYRE 14-Jul-23 Special Dividend – Rs. – 0.5000
PERSISTENT 11-Jul-23 Special Dividend – Rs. – 10.0000 APTECHT 14-Jul-23 Bonus issue 2:5
PIXTRANS 11-Jul-23 Final Dividend – Rs. – 6.0000 ARTEMISMED 14-Jul-23 Dividend – Rs. – 0.4500
SATINDLTD 11-Jul-23 Final Dividend – Rs. – 0.1000 ASTRAZEN 14-Jul-23 Dividend – Rs. – 16.0000
SHRGLTR 11-Jul-23 Final Dividend – Rs. – 0.1000 ATUL 14-Jul-23 Final Dividend – Rs. – 25.0000
TAPARIA 11-Jul-23 Bonus issue 4:1 AUBANK 14-Jul-23 Final Dividend – Rs. – 1.0000
WIREFABR 11-Jul-23 Dividend – Rs. – 0.1000 BOSCHLTD 14-Jul-23 Final Dividend – Rs. – 280.0000
AVADHSUGAR 12-Jul-23 Dividend – Rs. – 10.0000 BSOFT 14-Jul-23 Final Dividend – Rs. – 2.0000
BLISSGVS 12-Jul-23 Final Dividend – Rs. – 0.5000 CONTROLPR 14-Jul-23 Final Dividend – Rs. – 5.0000
JUBLFOOD 12-Jul-23 Final Dividend – Rs. – 1.2000 COROMANDEL 14-Jul-23 Final Dividend – Rs. – 6.0000
KIRLPNU 12-Jul-23 Final Dividend – Rs. – 3.0000 EXPLEOSOL 14-Jul-23 Dividend – Rs. – 5.0000
NDRAUTO 12-Jul-23 Final Dividend – Rs. – 5.0000 GLOBUSSPR 14-Jul-23 Dividend – Rs. – 6.0000
WHEELS 12-Jul-23 Final Dividend – Rs. – 3.9700 HINDZINC 14-Jul-23 Interim Dividend

Corporate Action

Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ATHARVENT Quarterly Results;General 10-Jul-23 ELECON Quarterly Results 11-Jul-23
DBL General 10-Jul-23 EXCEL Quarterly Results;General 11-Jul-23
DPL Audited Results 10-Jul-23 GENCON Dividend;Audited Results;Final Dividend 11-Jul-23
EIMCOELECO Quarterly Results 10-Jul-23 KINETICENG Preferential Issue of shares 11-Jul-23
ELITECON General 10-Jul-23 NILACHAL A.G.M. 11-Jul-23
ESCORTSFIN Quarterly Results 10-Jul-23 PANTH General 11-Jul-23
INDITALIA General 10-Jul-23 PCBL Quarterly Results 11-Jul-23
JRELTD A.G.M.;Quarterly Results;General 10-Jul-23 PLASTIBLEN Quarterly Results 11-Jul-23
KRL Employees Stock Option Plan;Quarterly Results;General 10-Jul-23 RAJATH General 11-Jul-23
NAZARA General 10-Jul-23 RAMAPPR-B General 11-Jul-23
OSCARGLO Quarterly Results 10-Jul-23 SITAENT Quarterly Results 11-Jul-23
RATHIST General 10-Jul-23 STCORP Quarterly Results 11-Jul-23
SATIN General 10-Jul-23 WELCURE Quarterly Results;Audited Results;General 11-Jul-23
SPECFOOD Quarterly Results 10-Jul-23 5PAISA Quarterly Results;General 12-Jul-23
TRL General 10-Jul-23 AKI Quarterly Results 12-Jul-23
XCHANGING Interim Dividend 10-Jul-23 ANANDRATHI Quarterly Results 12-Jul-23
ZENITHHE General 10-Jul-23 ARTSONEN A.G.M.;Quarterly Results 12-Jul-23
ABIRAFN General 11-Jul-23 ASHIANA Buy Back of Shares 12-Jul-23
BROOKS Right Issue of Equity Shares 11-Jul-23 GSBFIN General 12-Jul-23
CORALAB General 11-Jul-23 HATHWAYB Quarterly Results 12-Jul-23
DRA General 11-Jul-23 HCLTECH Quarterly Results;Interim Dividend 12-Jul-23
EIKO Quarterly Results 11-Jul-23 JFL A.G.M. 12-Jul-23

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