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Nifty Trading Round Up for the 06 July,2023

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Topic :- Share Market Closing Note


Benchmark indices ended on a strong note with Nifty at 19,500 on July 6.


Biggest gainers on the Nifty included M&M, Apollo Hospitals, Power Grid Corporation, Reliance Industries and Tata Motors, while losers were Eicher Motors, HDFC Life Insurance, Maruti Suzuki, HCL Technologies and Bajaj Finance.


Among sectors, Power, Oil & Gas and Realty were up 2 percent each, while Auto and Healthcare added 1 percent each.


The BSE midcap index rose 0.8 percent and smallcap index added 0.7 percent.


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Topic :- Time:3.10 PM


Just In:

Adani Green Energy to raise up to Rs 12,300 crore via QIP; shares rise 2%


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Topic :- Time:3.00 PM


Nifty spot is trading at 19493. If it holds above 19450 on closing basis then expect some further upmove in coming sessions and close below above mentioned level will result in some sluggish movement. Avoid open positions for tomorrow.


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Topic :- Time:2.50 PM


Just In:

Piramal Pharma shares gains nearly 4% after 60 lakh shares change hands in six large deals.


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Topic :- Time:2.40 PM


SILVER Trading View:

SILVER is trading at 71450. If it manages to trade and sustain above 71500 level then expect some quick upmove in Silver and if it breaks and trade below 71280 level then some decline is possible in Silver.


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Topic :- Time:2.25 PM


LME Inventory:


COPPER DECREASED BY 2025


ALUMINIUM DECREASED BY 1825


NICKEL DECREASED BY 96


ZINC DECREASED BY 1700


LEAD INCREASED BY 550 


TIN INCREASED BY 160


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Topic :- Time:2.00 PM


Nifty is trading in a small range. Nifty spot if manages to trade and sustain above 19480 level then expect some upmove and if it breaks and trade below 19440 level then some decline can be seen.


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Topic :- Time:1.15 PM


Just In:

Rice, a staple for 3 bn, wont be spared by the price spike devil


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Topic :- Time:1.10 PM


Nifty is trading at 19465. If it manages to trade and sustain above 19480 level then expect some upmove in it and if it breaks and trade below 19440 level then some decline can be observed in the market.


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Topic :- Time:12.50 PM


Just In:

TCS to get 25,000 employees trained in Microsofts Azure Open AI



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Topic :- Time:12.30 PM


CRUDEOIL Trading View:

CRUDEOIL is trading at 5915. If it holds above 5900 level then expect some quick upmove in it towards 5950 level and if it breaks and trade below 5900 level then some decline can follow.


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Topic :- Time:12.00 PM


Nifty is trading on stronger note. Nifty spot if manages to trade and sustain above 19480 level then expect some further upmove in the market and if it breaks and trade below 19420 level then some decline can follow in Nifty.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex jumps 150 points, Nifty tops 19,400

2. India cant rest on laurels for it has some external forces to fight

3. HDFC Bank special FD for senior citizens to end soon

4. Haier plans ₹1,000 crore expansion push

5. DCB Bank shares rally 8% as Tata AMC gets nod to raise stake in lender

6. Greenchef Appliances SME IPO lists at a premium of 20% on NSE SME

7. Essen Speciality SME IPO lists at a premium of 31% on NSE SME

8. Hindustan Zinc to consider interim dividend for FY24; share price rises over 3%


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Topic :- Nifty Opening Note


Indian Stock Market Trading View For 06 July,2023:


Nifty is likely to turn volatile as the day progresses. Trade as per market trend.


Nifty spot if manages to trade and sustain above 19420 level then expect some upmove in the market and if it breaks and trade below 19360 level then some decline can be seen in the Nifty. Please note this is just opening view and should not be considered as the view for the whole day.


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