market outlook report 23-12-2020 by imperial finsol pvt. ltd
DESCRIPTION
Nifty opened with positive Gap up Today at 13473.50 on 23rd December 2020, Index made a Day Low of 13432.20 indexes was very bullish today and gave a wonderful Bull Run the whole day and made a day high of 13619.45 and closed at very important level 13601.10, now 13800 is a good resistance for nifty.TRANSCRIPT
MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 13466.30 13473.50 13619.45 13432.20 13601.10 +1.00%
Sensex 46006.69 46072.30 46513.32 45899.10 46444.18 +0.95%
Nifty opened with positive Gap up Today at 13473.50 on 23rd December 2020, Index made a Day Low of 13432.20 index was very bullish today and gave a wonderful Bull Run whole day and made a day high of 13619.45 and closed at very important level 13601.10, now 13800 is a good resistance for nifty.
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23rd December 2020
Sectorial Performance
1.33%
0.87%
0.66%
1.91%
2.36%
3.27%
1.77%
1.61%
3.94%
0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50%
AUTO (8,935.95)
BANK (29,883.30)
FINANCIAL SERVICE (14,517.05)
FMCG (33,966.00)
IT (24,167.75)
MEDIA (1,650.75)
METAL (3,134.10)
PHARMA (12,753.25)
REALTY (300.55)
SECTORS CHANGE %
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23rd December 2020
Top Trending News
CONCOR: INDIAN RAILWAYS INTRODUCES POLICY ON PREMIUM INDENT TO FACILITATE FREIGHT CUSTOMERS || CUSTOMERS CAN
GET PRIORITY RAILWAY WAGON ALLOTMENT ON MONDAYS & FRIDAYS AT JUST 5% EXTRA COST. THIS WILL ALSO HELP IN ATTRACTING NEW FREIGHT CLIENTS
TATA MOTORS: JAGUAR LAND ROVER HAS SHUT DOWN PRODUCTION AT ITS CASTLE BROMWICH FACTORY
RAMCO SYSTEMS: CO HAS SIGNED A MULTI-MILLION-DOLLAR AGREEMENT WITH A GLOBAL FORTUNE 500 MAJOR TO UNIFY AND TRANSFORM ITS PAYROLL FOR 18 COUNTRIES IN ASIA PACIFIC REGION ON RAMCO'S MANAGED PAYROLL SERVICE
WONDERLA HOLIDAYS: WONDERLA THEME PARK AND RESORT IN BANGALORE WILL NOW BE OPEN EVERY DAY DURING THE FESTIVE PERIOD FROM 24TH DECEMBER 2020 TO 3RD JANUARY 2021 FROM 11 AM ONWARDS
PARAG MILK FOODS: CO EXPANDS ITS HEALTH & NUTRITION BUSINESS, COMMISSIONS THE LACTOSE PLANT WITH A CAPACITY OF 40 MT/DAY
RITES: BOARD MEETING ON DEC 30 TO CONSIDER INTERIM DIVIDEND
ICICI BANK: GETS RBI APPROVAL FOR SANDEEP BATRA AS EXEC DIRECTOR || BATRA NAMED ED FOR 3 YEARS FROM DEC. 23
EMAMI: CO HAVE GOT WHO-GMP CERTIFICATION FOR ITS UNITS AT VAPI AND MASAT AT GUJARAT WHICH MANUFACTURES AYURVEDA HEALTHCARE PRODUCTS UNDER THE 'ZANDU' BRAND FOR A PERIOD OF THREE YEARS
23rd December 2020
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Stocks in Action
23rd December 2020
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6.66%5.86%
5.09% 4.98% 4.81%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
PEL WIPRO TATACONSUM INDIGO ADANITRANS
TOP GAINERS
4.79%
0.87% 0.84% 0.53% 0.35%0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
PNB DIVISLAB IGL TITAN NTPC
TOP LOSERS
Corporate Actions
Bartronics India Limited (AGM Annual General Meeting 23rd December)
Websol Energy System Limited (AGM Annual General Meeting 23rd December)
Vivimed Labs Limited (AGM Annual General Meeting 23rd December)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 22 Dec 2020 5205.19 cr 5866.70 cr -661.51 cr FII/FPI 22 Dec 2020 6616.43 cr 5463.43 cr 1153.00 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.
23rd December 2020
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Top Picks for Tomorrow
HUDCO. Sector: FINANCE - Housing.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH BOOK VALUE ROE 7807.41 CR. 4.95 7.87 35.57 % 44.76 % 62.51. 14.67%
FUNDAMENTALS
The company is trading at 0.32 times the book value
Operating Income has grown well for the company over past 3 years: 3 years CAGR 28.70%.
The company has delivered substantial profit growth of 26.61% over past 3 years.
Promoters’ shareholding is 89.81%.
Stock Current market price
Positional
target
HUDCO
38
45
23rd December 2020
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STLTECH. Sector: Cable
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 6,740.44 CR 32.2 5.27 -2.10 % 9.11 % 1872.00 CR 170.45 CR
FUNDAMENTALS.
The company has shown a good profit growth of 40.61% for the Past 3 years.
The company has shown a good revenue growth of 28.27% for the Past 3 years.
Company has been maintaining healthy ROE of 31.27% over the past 3 years.
Company has been maintaining healthy ROCE of 26.13% over the past 3 years.
The company has an efficient Cash Conversion Cycle of -40.34 days.
Stock Current
market price
Positional target
STLTECH 168 200
23Rd 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
23Rd December 2020
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