DAILY MARKET

MIRROR

Har nivesh ke liye

har niveshak ke saath
31th Oct 2023
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END OF DAY SUMMARY
BROAD MARKET INDICES SECTORAL INDICES

NIFTY 50 NIFTY BANK

NIFTY NEXT 50 NIFTY AUTO

NIFTY 100 NIFTY FINANCIAL SERVICES

NIFTY 200 NIFTY FMCG

NIFTY 500 NIFTY IT

NIFTY MEDIA
NIFTY MIDCAP 50

NIFTY METAL
NIFTY MIDCAP 100

NIFTY PHARMA
NIFTY SMALLCAP 100

-0.20 -0.10 0.00 0.10 0.20 0.30 0.40 0.50 0.60 NIFTY PSU BANK

NIFTY PRIVATE BANK

NIFTY REALTY

NIFTY HEALTHCARE INDEX

NIFTY CONSUMER DURABLES

NIFTY OIL & GAS

-1.5 -1 -0.5 0 0.5 1 1.5 2 2.5

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NIFTY VIEW
Chart Technical Snapshot
Closing Points % Change

19140 +93 +0.49%

Support S1 S2
19090 19020

Resistance R1 R2

19170 19250

TREND 20-EMA 50-EMA

19443 19509

Technical View

• Nifty continued the momentum built on Friday with the Index ending the session 0.49% higher.
• Nifty Realty and Nifty Oil & Gas were the best performing sectors up 2.14% and 1.34% respectively.
• Taking about levels, 19110-19090 will act as an important support & Till 19090 holds, we can see index move towards 19170.
• A surge above 19170, index can move towards 19230-19250 zone.
• On breakdown & sustenance below 19090, further correction up to 19040-19020 will be on the cards

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BANK NIFTY VIEW
Chart Technical Snapshot
Closing Points % Change

43039 +257 +0.6%

Support S1 S2
42800 42500

Resistance R1 R2

43350 43650

TREND 20-EMA 50-EMA

43723 44201

Technical View
• Bank Nifty too witnessed a rebound on the upside on the back of short covering in ATM CE options.
• HDFC Bank and ICICI Bank were the top gainers ending the day 1.27% and 1.26% higher respectively.
• Currently, Bank Nifty is expected take support at 42750-42800 and till this zone holds expect the index to rebound upto 43300-43350.
• On cross-over & sustenance above 43350, Short-covering up to 43600-43650 will be on the cards.
• A breach below 42800, index can correct towards 42550-42500 zone.

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SECTORAL MARKET BREADTH

% STOCKS WITHIN THE SECTORS TRADING ABOVE THEIR MOVING AVERAGES

SECTORAL INDICES 20-DMA 50-DMA 100-DMA 200-DMA

NIFTY BANK 8% 17% 33% 58%
NIFTY AUTO 40% 60% 60% 100%
NIFTY FINANCIAL SERVICES 21% 37% 53% 74%
NIFTY FMCG 33% 47% 47% 67%
NIFTY HEALTHCARE 20% 25% 50% 90%
NIFTY IT 20% 20% 40% 80%
NIFTY MEDIA 0% 11% 67% 100%
NIFTY METAL 20% 20% 53% 67%
NIFTY PHARMA 25% 30% 60% 95%
NIFTY PRIVATE BANK 20% 20% 50% 60%
NIFTY PSU BANK 8% 42% 83% 92%
NIFTY REALTY 30% 80% 100% 90%
NIFTY CONSUMER DURABLE 13% 13% 47% 60%
NIFTY OIL & GAS 20% 13% 27% 40%
• Above data indicates percentage constituents of sectorial indices which are trading above their major moving averages.
• Higher number of stocks trading above majority of moving averages indicate sector is in bullish trend.
• 20 and 50-DMA is showing short-term trend. While, 100-DMA is showing Medium-term trend and 200-DMA is showing Long-term trend.
• Disclaimer please read our website www.sbisecurities.in

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MARKET SENTIMENTS

FII/DII Trend NSE Advance/Decline Trend

FII/DII Trend NSE Advance/Decline
8,000.00 2000

6,000.00 1500

4,000.00 1000

2,000.00 500

0.00 0

-2,000.00 -500

-4,000.00 -1000

-6,000.00 -1500

-8,000.00 -2000

-10,000.00 -2500
16-Oct 17-Oct 18-Oct 19-Oct 20-Oct 23-Oct 25-Oct 26-Oct 27-Oct 30-Oct 16-Oct 17-Oct 18-Oct 19-Oct 20-Oct 23-Oct 25-Oct 26-Oct 27-Oct 30-Oct

FII DII Advance Decline

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VOLUME AND DELIVERY DATA

Volume Shockers (Nifty 500) High Delivery Percentage (Nifty 500)

Average Volume Delivery Delivery Stock
Today's Volume Change Stock Symbol % Change Net Volume Volume Percentage Trend
Stock Symbol % Change Volume (week) (Times) Stock Trend
PETRONET -8.4 20.1M 6.3M 3.21 X Bearish
SUNDRMFAST 0.49 231906 206701 89.13 Sideways
M&MFIN -11.5 30.0M 9.4M 3.21 X Bearish
SAPPHIRE -0.61 323104 286542 88.68 Bearish
SBICARDS -5.1 7.2M 2.4M 3.07 X Bearish
GLAND -1.08 1157918 999815 86.35 Sideways
GRINDWELL 1.83 65227 52755 80.88 Sideways PPLPHARMA 3.2 22.9M 8.2M 2.78 X Sideways
ENDURANCE 0.56 122737 98319 80.11 Sideways GLAND -1.1 1.2M 426.7K 2.71 X Sideways
DABUR -0.21 1711768 1361641 79.55 Bearish CRAFTSMAN 2.9 229.9K 88924 2.59 X Sideways
JKCEMENT 0.19 190425 147256 77.33 Bearish AUBANK -3.5 8.8M 3.5M 2.51 X Bearish
MAXHEALTH 2.19 1499242 1136246 75.79 Sideways INTELLECT 5.5 1.8M 712.8K 2.48 X Sideways
BRIGADE -0.11 180531 134782 74.66 Sideways EIHOTEL 7.8 3.1M 1.3M 2.47 X Sideways
JUBLINGREA -3.20 536052 393873 73.48 Bearish KSB 2 186.6K 77291 2.41 X Sideways

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Disclosures & Disclaimers
SBICAP Securities Limited
(CIN): U65999MH2005PLC155485
SEBI Registration No.: Stock Broker: INZ000200032 | DP Registration No.: IN-DP-314-2017| Research Analyst : INH000000602 | Portfolio Manager: INP000004912 | IRDA : CA0103
Registered & Corporate Office: Marathon Futurex, A Wing, 12th Floor, N. M. Joshi Marg, Lower Parel, Mumbai-400013.
For any information contact us: 022-6854 5555 | E-mail: helpdesk@sbicapsec.com I Web: www.sbisecurities.com

DISCLOSURES & DISCLAIMERS:

Analyst Certification: The views expressed in this research report ("Report") accurately reflect the personal views of the research analysts ("Analysts") employed by SBICAP Securities Limited (SSL) about any and all of the subject issuer(s) or company(ies) or securities. This
report has been prepared based upon information available to the public and sources, believed to be reliable. I/We also certify that no part of my/our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report.
The Analysts engaged in preparation of this Report or his/her relative:-
(a) do not have any financial interests in the subject company mentioned in this Report; (b) do not own 1% or more of the equity securities of the subject company mentioned in the report as of the last day of the month preceding the publication of the research report; (c) do not
have any material conflict of interest at the time of publication of the Report.
The Analysts engaged in preparation of this Report:-
(a)have not received any compensation from the subject company in the past twelve months; (b) have not managed or co-managed public offering of securities for the subject company in the past twelve months; (c)have not received any compensation for investment banking
or merchant banking or brokerage services from the subject company in the past twelve months; (d) have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past
twelve months; (e) has not received any compensation or other benefits from the subject company or third party in connection with the Report; (f) has not served as an officer, director or employee of the subject company; (g) is not engaged in market making activity for the
subject company.

Name Qualification Designation

Sudeep Shah MBA (Finance) DVP- Technical & Derivative Research
Sunny Agrawal B.E, MBA (Finance) DVP - Fundamental Research
Rajesh Gupta PGDBM (Finance), MA (Bus. Eco) AVP - Fundamental Research
Gautam Upadhyaya MBA (Finance) Research Analyst - Equity Derivatives
Vinayak Gangule BE (IT) Research Analyst - Equity Technicals
Monica Chauhan C.A. Research Analyst - Equity Fundamentals
Harsh Vasa C.A. Research Analyst - Equity Fundamentals
Sumeet Shah BE CFA Research Analyst - Equity Fundamentals
Pratik Patni BSc (Biotech Entire) Research Analyst- Equity Derivatives
Netra Deshpande MMS (Finance) Sr. Research Analyst - Currency Derivative
Ghanshyam Gupta MBA (Finance) Research Analyst - Currency Derivative
Sagar Peswani B.Tech (ECE) Research Associate- Equity Technicals
Kalpesh Mangade B.Com MIS Analyst - Retail Research

For other Disclosures please visit: https://bit.ly/R_disclaimer02

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