stock market outlook report by imperial money
DESCRIPTION
Nifty opened positive gap up today at 14855.50 on 18th March 2021, Index was very volatile the whole day, and after making a day High of 14875.20 nifty made a day low of 14478.60 in the second half session, Index closed at the very important level at 14557.85 with a big profit booking. Resistance for nifty is 15000 (closing basis). And support is 14300. Nifty may volatile for few days.TRANSCRIPT
MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 14721.30 14855.50 14875.20 14478.60 14557.85 1.11%
Sensex 49801.62 50161.25 50296.35 48962.36 49216.52 1.17%
Nifty opened positive gap up today at 14855.50 on 18th March 2021, Index was very volatile whole day, and after made a day High of 14875.20 nifty made a day low of 14478.60 in second half session, Index closed at very important level at 14557.85 with a big profit booking. Resistance for nifty is 15000 (closing basis). And support is 14300. Nifty may volatile for few days.
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18th March 2021
Sectorial Performance
0.08%
3.09%
2.32%
0.81%
1.09%
0.15%
0.02%
1.47%
2.46%
0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50%
NIFTYFMCG
NIFTYIT
NIFTYPHARMA
NIFTYFINSERVICE
NIFTYBANK
NIFTYAUTO
NIFTYMEDIA
NIFTYREALTY
NIFTYMETAL
SECTORS CHANGE %
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18th March 2021
Top Trending News
COVID: UNIVERSITY OF OXFORD SAYS IMPORTANTLY, THE P1 ‘BRAZILIAN’ STRAIN MAY BE LESS RESISTANT TO THESE ANTIBODIES THAN FIRST FEARED
USHA MARTIN: CO PROMOTER SOLD 2,00,000 SHARES OR 0.065% OF EQUITY ON 17TH MARCH
BHARTI AIRTEL: CO SAYS THE RISE FUND TO INVEST $200 MILLION IN AIRTEL AFRICA'S MOBILE MONEY BUSINESS, AT $2.65 BILLION VALUATION ISSUED BY AIRTEL AFRICA PLC
HINDUJA GLOBAL SOLUTION: PROMOTER GROUP HAVE ACQUIRED 4.98% STAKE OF EQUITY OR 10,40,000 SHARES ON 17TH MARCH VIA OPEN MARKET
INDIA TRANSPORT MINISTER: SCRAPPAGE POLICY TO BOOST GST REVENUE BY RUPEES 300B-400B AS SALES WILL RISE || GOVT TO ISSUE SEPARATE POLICY FOR VINTAGE CARS
PRIME FOCUS: IDBI TRUSTEESHIP SOLD 24.5% EQUITY OR 73.2M SHARES ON 17TH MARCH
JET AIRWAYS: HEARING ON CO RESOLUTION MATTER TODAY; JALAN-KALROCK CONSORTIUM FILED A RESPONSE ON DGCA, CIVIL AVIATION MINISTRY AFFIDAVIT ON SLOTS || THE NEXT HEARING ON JET AIRWAYS MATTER SCHEDULED FOR MARCH 24
COVID: MODERNA SPOKESMAN SAYS EXPECT TO BEGIN DELIVERIES OF COVID-19 VACCINES TO THE UK IN APRIL || SAYS MODERNA IS ON TRACK TO MEET QUARTERLY CONTRACTUAL COMMITMENTS ON UK VACCINE SUPPLY
ADANI GREEN ENERGY: CO RAISES USD 1.35B IN ONE OF ASIA’S LARGEST PROJECT FINANCING DEALS EDITOR SYNOPSIS
ARVIND SMARTSPACE: CO APPROVED ALLOTMENT OF WARRANTS UPTO 290M RUPEES
18th March 2021
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Stocks in Action
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3.82%3.35%
2.66%2.26%
1.78%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
ADANITRANS ITC BAJAJAUTO SBICARD BAJAJHLDNG
TOP GAINERS
5.91%
4.02% 3.87% 3.74% 3.60%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
NAUKRI HCLTECH BANKBARODA AUROPHARMA INFY
TOP LOSERS
18th March 2021
Corporate Actions
Rites Limited (Interim Dividend Rs 4Per Share 18th March)
Engineers India Limited (Interim Dividend Rs 1.40 Per Share 18th March)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value DII 17 Mar 2021 5874.44 cr 6436.59 cr -562.15 cr
FII/FPI 17 Mar 2021 9973.21 cr 7347.39 cr 2625.82 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.
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18th March 2021
Top Picks for Tomorrow
SUMICHEM LTD. Sector: Pesticides.
Important Parameters:
MARKET CAP BOOK VALUE EPS PE PROFIT GROWTH ROE ROCE 13978.58 CR. 28.36 CR 6.29 44.53 8.49 % 20.36 % 24.24 %
FUNDAMENTALS
The company has shown a good profit growth of 47.76% for the Past 3 years.
The company has shown a good revenue growth of 44.78% for the Past 3 years.
The company has significantly decreased its debt by 19.75 Cr.
Company has been maintaining healthy ROE of 20.77% over the past 3 years.
Company has been maintaining healthy ROCE of 25.78% over the past 3 years.
Stock Entry price Positional
target
SUMICHEM
280
340
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18th March 2021
IEX Ltd. Sector: power generation.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH ROE ROCE 10697.16 CR 54.34 6.57 1.16 % 69.22 % 47.77 CR 60.32 CR
FUNDAMENTALS.
The company has shown a good profit growth of 16.14% for the Past 3 years.
Company has been maintaining healthy ROE of 48.60% over the past 3 years.
Company has been maintaining healthy ROCE of 67.56% over the past 3 years.
Company is virtually debt free.
Company has a healthy Interest coverage ratio of 146.49.
The Company has been maintaining an effective average operating margins of 76.67% in the last 5 years.
Stock Entry price Positional target
IEX 351 410
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18th March 2021
Disclaimer
This document has been prepared for IMPERIAL MONEY PVT. LTD. by Mr. Praveen Dubey NISM (201800048686) is a Research Consultant for Imperial Money 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 Money Pvt. Ltd. Does not carry any responsibility in case to whomsoever using the information of this newsletter content and data
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18th March 2021