stock market outlook report by imperial finsol pvt. ltd
DESCRIPTION
Nifty made a new record high today, opened at 14473.80 on 12th January 2021, Index made a Day High of 14590.65 when the market is going to close nifty made a day low of 14432.85 in first half session, nifty was very bullish and closed at very important level 14563.45, Index taking the support of 14400. Nifty may be volatile for a few days. The next resistance of nifty is 14800.TRANSCRIPT
MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 14484.75 14473.80 14590.65 14432.85 14563.45 +0.54%
Sensex 49269.32 49228.26 49569.14 49079.57 49517.11 +0.50%
Nifty made a new Record high today, opened at 14473.80 on 12th January 2021, Index made a Day High of 14590.65 when market is going to close nifty made a day low of 14432.85 in first half session, nifty was very bullish and closed at very important level 14563.45, Index taking support of 14400. Nifty may be volatile for few days. Next resistance of nifty is 14800.
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12TH January 2021
Sectorial Performance
1.24%
1.06%
0.68%
0.56%
0.17%
1.38%
0.46%
1.25%
2.76%
0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00%
AUTO (10,119.85)
BANK (32,339.00)
FINANCIAL SERVICE (15,711.95)
FMCG (34,488.65)
IT (26,982.10)
MEDIA (1,753.40)
METAL (3,509.90)
PHARMA (13,244.70)
REALTY (338.65)
SECTORS CHANGE %
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12th January 2021
Top Trending News KARNATAKA BANK: B SUMANTH KUMAR REDDY INCREASES ITS STAKE BY 0.66% IN CO IN Q3
CADILA HEALTHCARE: ZYCOV-D VACCINE PHASE III STUDY TO BE IN 30,000 PEOPLE || EXPECT TO DELIVER 100M-150M VACCINE DOSES BY END-2021
ASTRAZENECA PHARMA: SERUM INSTITUTE TO SELL 100M DOSES OF CO'S VACCINE TO INDIA GOVT FOR 200 RUPEES/DOSE
SJVN: CO APPROVED RAISING OF FUNDS THROUGH ISSUE OF NON CONVERTIBLE DEBENTURES UPTO 20B RUPEES
RBL BANK: MAPLE II B.V. BOUGHT 9.44% STAKE IN CO II ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED BOUGHT 3.19% STAKE IN CO IN Q3
MPHASIS: LIC SOLD 2.11% STAKE IN CO IN Q3
KARNATAKA BANK: PROVISION COVERAGE RATIO AS AT DECEMBER 31, 2020 STOOD AT 80.51% || Q3 COVID RELATED PROVISIONS AT RUPEES 500M
INDIA ROAD MIN OFFICIAL: NEXT FY BUDGET MAY ANNOUNCE SCRAPPAGE POLICY, PMO, FIN MIN TO TAKE FINAL DECISION || NEXT FY BUDGET MAY ANNOUNCE SCRAPPAGE POLICY, PMO, FIN MIN TO TAKE FINAL DECISION
FARM LAW CASE: CJI SAYS "WE ARE GOING TO SUSPEND THE IMPLEMENTATION OF THE THREE FARM LAWS UNTIL FURTHER ORDERS"
12th January 2021
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Stocks in Action
31th Decembe1st January 2021r 2020
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10.12%
8.34% 7.77%
5.08% 4.58%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
BANKBARODA DLF TATAMOTORS BOSCHLTD PNB
TOP GAINERS
4.56% 4.52%4.15%
2.72%2.35%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
ADANIGREEN ASIANPAINT BANDHANBANK ICICIGI TITAN
TOP LOSERS
12th January 2021
Corporate Actions
Wipro Limited (Financial Results/Dividend 13th January)
Infosys Limited (Financial Results 13th January)
CESC Limited (Financial Results/Dividend 13th January)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 11 JAN 2021 4496.85 cr 7106.98 cr -2610.13 cr FII/FPI 11 JAN 2021 9652.29 cr 6513.39 cr 3138.90 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.
31th December 2020
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12th January 2021
Top Picks for Tomorrow
SAREGAMA. Sector: Film Production.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 1447.57 CR. 19 43.72 -4.63 % 9.80 % 6.33 CR 5.24 CR
FUNDAMENTALS
The company has shown a good profit growth of 69.83% for the Past 3 years.
The company has shown a good revenue growth of 33.93% for the Past 3 years.
The company has significantly decreased its debt by 54.48 Cr.
Company has been maintaining healthy ROCE of 21.27% over the past 3 years.
Company is virtually debt free.
Stock Current market price
Positional
target
SAREGAMA
825
900
31th December 2020
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12th January 2021
WIPRO. Sector: IT Software.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 262505.48 CR 29.6 15.50 4.74 % 17.22 % 5045.90 CR 10444 CR
FUNDAMENTALS.
The Company is trading at a PE of 12.94. PEG ratio is 1.45%. The company has effective cash conversion ratio of 104.46.
TECHNICAL.
Stock Traded above 200DMA, MACD is bullish above 0 line 29.11, and RSI at 84.7.
Stock Entry price Positional target
WIPRO 444 500
31th December 2020
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12th January 2021
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
31th December 2020
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12th January 2021