Embed Size (px)
DESCRIPTION
Nifty opened with positive Gap up Today at 13373.65 on 22nd December 2020, Index made a Day Low of 13192.90 indexes was very volatile today and gave a wonderful recovery in the second half and made a day high of 13492.05 and closed at 13466.30, it respects its support 13100 and now 13500.00 is a good resistance for nifty.
Citation preview
MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 13328.40 13373.65 13492.05 13192.90 13466.30 +1.03%
Sensex 45553.96 45529.61 46080.18 45112.19 46006.69 +0.99%
Nifty opened with positive Gap up Today at 13373.65 on 22nd December 2020, Index made a Day Low of 13192.90 index was very volatile today and gave a wonderful recovery in second half and made a day high of 13492.05 and closed at 13466.30, it respects its support 13100 and now 13500.00 is a good resistance for nifty.
www.imperialfin.com [email protected] +91-9595889988
22nd December 2020
Sectorial Performance
0.84%
0.58%
0.20%
0.54%
3.36%
0.73%
1.36%
2.22%
0.45%
0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00%
AUTO (8,818.60)
BANK (29,625.95)
FINANCIAL SERVICE (14,421.60)
FMCG (33,329.05)
IT (23,611.60)
MEDIA (1,598.50)
METAL (3,079.65)
PHARMA (12,550.95)
REALTY (289.15)
SECTORS CHANGE %
www.imperialfin.com [email protected] +91-9595889988
22nd December 2020
Top Trending News INFOSYS: DAIMLER AND CO ANNOUNCE STRATEGIC PARTNERSHIP TO DRIVE HYBRID CLOUD-POWERED INNOVATION & IT
INFRASTRUCTURE TRANSFORMATION IN THE AUTOMOTIVE SECTOR
NITI AAYOG: THE NEW STRAIN OR MUTATION OF CORONAVIRUS SEEN IN THE UNITED KINGDOM HAS NOT BEEN SEEN IN INDIA, SO FAR
JUBILANT FOODWORKS: CO INTRODUCES PLANT-PROTEIN PIZZA
ZENSAR TECH: CO WINS CONTRACT FROM NFU MUTUAL, U.K.
ASTER DM HEALTHCARE: PROJECT COST OF CAYMANS HOSPITAL LIKELY $100M FOR PHASE 1
PNB: INDIA GOVT STAKE IN CO HAS FALLEN TO 76.87% FROM 85.59% AFTER QUALIFIED INSTITUTIONAL PLACEMENT
IGL: DELHI POLLUTION CONTROL COMMITTEE DIRECTED TO IDENTIFY THE INDUSTRIES USING UNAPPROVED FUELS AND TAKE STRINGENT PENAL ACTION IN CASE OF NON-COMPLIANCE - PTI
OIL INDIA: CO SIGNS AN AGREEMENT WITH ASSAM HYDROCARBON & ENERGY CO
NMDC LIMITED: CO HAS SIGNED AN MOU WITH MINERAL EXPLORATION CORPORATION LIMITED (MECL) TO COLLABORATE & CONDUCT EXPLORATION IN MUTUALLY AGREED PROJECTS FOR IRON ORE, GOLD, COAL, DIAMOND & OTHER MINERALS IN VARIOUS STATES
22nd December 2020
www.imperialfin.com [email protected] +91-9595889988
Stocks in Action
22nd December 2020
www.imperialfin.com [email protected] +91-9595889988
5.98%5.49% 5.23% 4.98%
4.24%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
BANDHANBANK ADANIPORTS LTI HCLTECH INDIGO
TOP GAINERS
2.13% 2.11% 2.05%1.78%
0.93%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
ABBOTINDIA DMART PNB BAJAJHLDNG KOTAKBANK
TOP LOSERS
Corporate Actions
Ashapura Minechem Limited (AGM Annual General Meeting 22th December)
Barak Valley Cements Limited (AGM Annual General Meeting 22th December)
Bharatiya Global Infomedia Limited (AGM Annual General Meeting 22th December)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 21 Dec 2020 5948.66 cr 5462.54 cr 486.12 cr FII/FPI 21 Dec 2020 6595.73 cr 6919.28 cr -323.55 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.
22nd December 2020
www.imperialfin.com [email protected] +91-9595889988
Top Picks for Tomorrow
ZENSARTECH. Sector: IT. Software.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 5152.89 CR. 20.7 11 0.02 % 16.86 % 0 CR. 60.02 CR.
FUNDAMENTALS
The Company is trading at a PE of 8.44.
The Company is Virtually Debt Free.
The company has effective cash conversion ratio of 145.50.
The company has good profit growth.
Stock Current market price
Positional
target
ZENSARTECH
228
260
22nd December 2020
www.imperialfin.com [email protected] +91-9595889988
CYIENT. Sector: IT. Software
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 5,654.72 CR 22.19 22.53 -5.68% 16.28 % 0 CR 583.70 CR
FUNDAMENTALS.
The Company is trading at a PE of 10.19.
The Company is Virtually Debt Free.
The company has effective cash conversion ratio of 137.90.
Company has sound operating leverage of 4.59 times.
Stock Current
market price
Positional target
CYIENT 500 600
22nd December 2020
www.imperialfin.com [email protected] +91-9595889988
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
22nd December 2020
www.imperialfin.com [email protected] +91-9595889988
