Several corporate actions are scheduled for this week. Companies like Sun Pharma, Indigo Paints, Indian oil corporation and Tata Motors will trade ex-dividend, while V R Films, Remedium Lifecare and Maan Aluminium will trade ex-bonus.
Ajit Mishra, SVP - Technical Research, Religare Broking said, "Markets edged higher for the fourth successive week and gained nearly a percent. A steady up move in the US markets combined with continued buying across sectors kept the tone positive for most of the week. However, a sharp cut in the IT majors trimmed the gains in the final session.
Eventually, both the benchmark indices, Nifty and Sensex, settled at 19745 and 66,684.20 levels respectively. Meanwhile, the traction continued on the broader front and both midcap and smallcap gained in the range of 0.7% - 1.8%.
We expect higher volatility in the coming week due to the scheduled monthly expiry of July month derivatives contracts. However, the prevailing buoyancy on the global front, especially the US markets, would help in keeping the tone positive.
Nifty has almost tested the new milestone i.e. 20,000 and gained over 7% in the last four weeks, which has pushed the oscillators into the overbought zone. It would be healthy if we see some consolidation now, before making further progress. We expect Nifty to respect the 19,300-19500 zone in case of any
dip while any attempt to surpass the 20,000-20,200 zone may attract profit booking. Meanwhile, participants should focus on more position management and prefer sectors that are showing relatively higher strength. The sharp dip in IT has derailed the momentum and we could see a breather in auto and FMCG too after the phenomenal surge. However, banking, financials, pharma and metal look promising for further up move so traders should align their positions accordingly.
Remedium Lifecare 9:5 28-07-2023
Maan Aluminium 1:1 27-07-2023
V R Films 7:1 26-07-2023
Ndr Auto Compon 1:1 24-07-2023
Tata Motors 100 28-07-2023
TML - D 100 28-07-2023
JTEKT India 50 28-07-2023
Rane Holdings 170 28-07-2023
Flex Foods 5 28-07-2023
Ugar Sugar Work 50 28-07-2023
Mangalam Cement 15 28-07-2023
Sobha 30 28-07-2023
Galaxy Surfacta 40 28-07-2023
Aarti Ind 30 28-07-2023
IOC 30 28-07-2023
Banswara Syntex 60 28-07-2023
Indigo Paints 35 28-07-2023
Godrej Agrovet 95 28-07-2023
Sun Pharma 400 28-07-2023
Smruthi Organic 20 28-07-2023
Zydus Life 600 28-07-2023
Alembic Pharma 400 28-07-2023
Cravatex 15 28-07-2023
Kaycee Ind 60 28-07-2023
Amara Raja Batt 320 28-07-2023
Xchanging Sol 150 28-07-2023
Quick Heal Tech 25 28-07-2023
NESCO 225 28-07-2023
DLF 200 28-07-2023
Nelcast 20 28-07-2023
WPIL 200 28-07-2023
Elgi Equipments 200 28-07-2023
ICRA 400 28-07-2023
ICRA 900 28-07-2023
360 ONE WAM 400 28-07-2023
Union Bank 30 28-07-2023
Arihant Capital 40 28-07-2023
Mukesh Babu Fin 12 28-07-2023
Joindre Capital 12.5 28-07-2023
Equitas Bank 10 28-07-2023
Cosmo First 50 28-07-2023
Kaira Can 120 28-07-2023
GRP 170 28-07-2023
Trans & Electr 15 28-07-2023
Transformers 15 28-07-2023
Mukand 20 28-07-2023
Gandhi Spl Tube 240 28-07-2023
Bengal Tea 10 28-07-2023
Bajaj Electric 200 28-07-2023
TVS Electronics 20 28-07-2023
Info Edge 90 28-07-2023
TCPL Packaging 200 28-07-2023
Voith Paper Fab 70 28-07-2023
Gloster 200 28-07-2023
Adani Ports 250 28-07-2023
IEX 100 28-07-2023
TCI Express 100 28-07-2023
Hero Motocorp 1750 27-07-2023
Automotive Axle 320 27-07-2023
JK Tyre & Ind 100 27-07-2023
Hatsun Agro 600 27-07-2023
Prataap Snacks 20 27-07-2023
UltraTechCement 380 27-07-2023
Punjab Chemical 30 27-07-2023
Deepak Nitrite 375 27-07-2023
Bhagiradh Chem 30 27-07-2023
ASM Tech 40 27-07-2023
Pradeep Metals 10 27-07-2023
Indag Rubber 75 27-07-2023
Ratnamani Metal 600 27-07-2023
Rajratan Global 100 27-07-2023
Dollar Ind 150 27-07-2023
Shree Ajit Pulp 10 27-07-2023
Akzo Nobel 400 27-07-2023
Pidilite Ind 1100 27-07-2023
Goodyear 265 26-07-2023
Assoc Alcohol 10 26-07-2023
Vinyl Chemicals 500 26-07-2023
Vinyl Chemicals 500 26-07-2023
Orient Electric 75 26-07-2023
Cummins 650 26-07-2023
Steelcast 54 26-07-2023
Tube Investment 150 26-07-2023
20 Microns 15 26-07-2023
Simplex Realty 10 26-07-2023
Pearl Green Clu 10 26-07-2023
Gujarat Pipavav 34 26-07-2023
3M India 1000 26-07-2023
Orient Cement 100 25-07-2023
Andhra Petro 15 25-07-2023
Bhansali Eng 100 25-07-2023
Kirloskar Bros 225 25-07-2023
Chola Invest. 35 25-07-2023
Carborundum 200 25-07-2023
KEC Intl 150 25-07-2023
Transport Corp 100 25-07-2023
Paushak Ltd 175 25-07-2023
Standard Ind 5 25-07-2023
Standard Ind 5 25-07-2023
Divgi Torqtrans 67 24-07-2023
R.J. Shah 25 24-07-2023
NOCIL 30 24-07-2023
Lakshmi Machine 985 24-07-2023
Menon Bearings 225 24-07-2023
NAVA 300 24-07-2023
ADC India Comm 40 24-07-2023
Siyaram Silk 200 24-07-2023
PDS 130 24-07-2023
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