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Nifty opened negative Gap down Today at 13547.20 on 15th December 2020, Index made a Day Low of 13447.05 and made a ‘CUP’pattern on the intraday chart, Nifty closed flat to positive with a small bull movement at 13567.85, nifty is taking support at 13450 (on a closing basis) and still bullish on the chart.
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MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 13558.15 13547.20 13589.65 13447.05 13567.85 +0.072%
Sensex 46253.46 46287.39 46350.30 45841.67 46263.17 +0.021%
Nifty Bank 30745.90 30805.40 30805.85 30345.75 30691.05 -0.18%
Nifty opened negative Gap down Today at 13547.20 on 15th December 2020, Index made a Day Low of 13447.05 and made a ‘CUP’ pattern on intraday chart, Nifty closed flat to positive with a small bull movement at 13567.85, nifty is taking support at 13450 (on closing basis) and still bullish on chart.
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15th December 2020
Sectorial Performance
0.62%
0.18%
0.77%
1.29%
0.14%
1.79%
0.77%
0.22%
0.31%
0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80% 2.00%
AUTO (9,149.75)
BANK (30,691.05)
FINANCIAL SERVICE (14,673.00)
FMCG (33,967.90)
IT (22,715.10)
MEDIA (1,722.15)
METAL (3,214.15)
PHARMA (12,432.60)
REALTY (289.00)
SECTORS CHANGE %
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15th December 2020
Top Trending News
JINDAL STEEL: PROMOTER RELEASES PLEDGE ON 4.5 LAKH SHARES (0.04% OF EQUITY) ON DEC 8
INDIA MEA: INDIA AND U.K. TALKSS FOCUSED ON TRADE, SECURITY, CLIMATE AND HEALTH || INDIA AND U.K. TO COLLABORATE ON BOOSTING POST-COVID ECONOMY
BSE: CO AND EBIX BETA LAUNCHES TERM INSURANCE FOR ICICI A PARI ON ITS ON-DEMAND HI-TECH PLATFORM
BRITISH PM JOHNSON: TO VISIT INDIA IN JANUARY TO STRENGTHEN TRADE TIES AND ATTEND REPUBLIC DAY - DOWNING STREET
S&P: KEEP FOR NOW OUR INDIA FORECAST OF 10% REBOUND IN FY22 OFF CURRENT YEAR'S LOW BASE || VIGOR OF INDIA RECOVERY SURPRISING, ESPECIALLY GIVEN TEPIDITY OF POLICES UNDERPINNING IT
CYIENT: CO SIGNS MOU WITH SAAS PROVIDER DECIPHER TO SUPPORT THE GLOBAL ROLLOUT OF KEY CLOUD MINING PLATFORM
BHARTI AIRTEL: 'AIRTEL BUSINESS LAUNCHES CUSTOMER ADVISORY BOARD TO CO-CREATE ITS PRODUCT INNOVATION ROADMAP' ISSUED BY CO
SBI CARDS: CO AND BPCL LAUNCH BPCL SBI CARD OCTANE
BPCL: CO ALSO TO CONSIDER PROPOSAL FOR MERGER OF CO UNIT BHARAT GAS RESOURCES WITH CO
15th December 2020
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Stocks in Action
15th December 2020
www.imperialfin.com [email protected] +91-9595889988
4.58% 4.57%4.07%
3.11%
2.35%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
HAVELLS BAJFIANCE BAJAJFINSV EICHERMOT JSWSTEEL
TOP GAINERS
7.13%
4.24% 4.17% 3.85% 3.69%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
MMTC CANBK SOUTHBANK EDELWEISS IFBIND
TOP LOSERS
Corporate Actions
Arihant Foundations & Housing Limited (AGM Annual General Meeting 15th December)
SANWARIA Consumer Limited (AGM Annual General Meeting 15th December)
Prakash Steelage Limited (AGM Annual General Meeting 15th December)
APL Apollo Tubes Limited (Face Value Sub Division From Rs 10/- per share to Rs 2/-)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 14 Dec 2020 3813.97 cr 5535.08 cr -1721.11 cr
FII/FPI 14 Dec 2020 7589.88 cr 5325.50 cr 2264.38 cr
The following is combined Domestic Institutional Investors trading data across NSE, BSE and MSEI collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System.
15th December 2020
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Top Picks for Tomorrow
Suven Pharmaceuticals Ltd. Sector: Pharmaceuticals & Drugs.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 10984.48 CR. 42.97 9.89 120.68 % 32.39 % 185.29 CR. 13.96 CR.
FUNDAMENTALS
Company has a healthy Interest coverage ratio of 17.39. The company has an efficient Cash Conversion Cycle of 80.72 days. The company has a high promoter holding of 60%.
TECHNICALS
Stock made a CUP Pattern. A cup is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
Stock Current market price
Positional
target
SUVENPHARMA
425
500
15th December 2020
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Carborundum Universal Ltd. Sector: Abrasives.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 7256.52 CR 44.03 8.63 -7.35 % 11.59 % 0. CR 163.38 CR
FUNDAMENTALS.
The company has shown a good profit growth of 16.25% for the Past 3 years.
The company has significantly decreased its debt by 0.90 Cr.
Company is virtually debt free.
Company has a healthy Interest coverage ratio of 681.52.
Company has a healthy liquidity position with current ratio of 4.65.
The company has a good cash flow management; CFO/PAT stands at 1.05.
Stock Current
market price
Positional target
CARBORUNIV 380 450
15th December 2020
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Disclaimer
This document has been prepared for IMPERIAL FINSOL PVT. LTD . by Mr. Praveen Dubey NISM (201800048686) is a Research Consultant for Imperial Finsol Pvt. Ltd. This Market Outlook is intended for use only by the person or entity to which it is addressed to. This Document may contain confidential and/or privileged material and is not for any type of circulation and any review, retransmission, or any other use is strictly prohibited. This Document is subject to changes without prior notice. This document does not constitute an offer to sell or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Though disseminated to all customers who are due to receive the same, not all customers may receive this report at the same time. Imperial Finsol Pvt. Ltd. Does not carry any responsibility in case to whomsoever using the information of this newsletter content and data
15th December 2020
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