stock market outlook report by imperial money pvt. ltd
DESCRIPTION
Nifty opened negative gap down today at 14736.30 on 22nd March 2021, Index was the very volatile whole day, and after made a day low of 14597.85 nifty gave a sharp recovery and made a day high of 14763.9 in second half session, Index closed at the very important level at 14736.40. 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 14744.00 14736.30 14763.90 14597.85 14736.40 0.052%
Sensex 49858.24 49878.77 49878.77 49281.02 49771.29 0.17%
Nifty opened negative gap down today at 14736.30 on 22nd March 2021, Index was very volatile whole day, and after made a day low of 14597.85 nifty gave a sharp recovery and made a day high of 14763.9 in second half session, Index closed at very important level at 14736.40. Resistance for nifty is 15000 (closing basis). And support is 14300. Nifty may volatile for few days.
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22nd March 2021
Sectorial Performance
1.70%
1.85%
1.57%
1.15%
1.63%
0.45%
0.99%
2.70%
0.91%
0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00%
NIFTYFMCG
NIFTYIT
NIFTYPHARMA
NIFTYFINSERVICE
NIFTYBANK
NIFTYAUTO
NIFTYMEDIA
NIFTYREALTY
NIFTYMETAL
SECTORS CHANGE %
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22nd March 2021
Top Trending News
THE LEGAL AGE TO DRINK IN DELHI WILL NOW BE 21. THERE WILL BE NO GOVERNMENT LIQUOR STORES IN DELHI. NO NEW LIQUOR SHOPS WILL BE OPENED IN THE NATIONAL CAPITAL: DELHI DEPUTY CM MANISH SISODIA
DELHI CUTS DRINKING AGE FROM 25 TO 21, ANNOUNCES NEW LIQUOR SALE RULES FOR MORE REVENUE
VARROC ENGINEERING: CO APPROVED PROPOSED FUND RAISE BY WAY OF A QUALIFIED INSTITUTIONS PLACEMENT OF SHARES || CO APPROVES FLOOR PRICE FOR ISSUE OF 395.41 RUPEES PER SHARE
MARUTI SUZUKI INDIA: CO SAYS COST OF CO'S VEHICLES IMPACTED ADVERSELY DUE TO INCREASE IN VARIOUS INPUT COSTS
DR.REDDY'S LAB: CO SUBMITS ADDITIONAL IMMUNOGENICITY DATA FOR SPUTNIK V VACCINE CANDIDATE WITH SEC || SEC SOUGHT ADDITIONAL DATA FROM DR REDDY'S BEFORE GIVING RECOMMENDATIONS FOR EUA ON FEB 24
GAYATRI HIGHWAYS: CO HAS PROPOSED TO ACQUIRE 12.71% OF EQUITY SHARE CAPITAL IN HKR ROADWAYS LIMITED
HCL TECH: CO EXPANDED ALLIANCE BETWEEN SAP AND CO ACCELERATES ENTERPRISES’ DIGITAL TRANSFORMATION AND TRANSITION TO THE CLOUD WITH SUBSTANTIAL GAINS IN SCALABILITY, SECURITY AND OPERATIONAL EFFICIENCY
ROSSELL INDIA: CO PROMOTER SOLD 1,10,000 SHARES OR 0.3% STAKE OF EQUITY ON 19TH MARCH VIA OPEN MARKET
INDIA FINANCE MINISTER: PSU ASSETS THAT WON'T BE USED FOR 40-50 YEARS WILL BE IDENTIFIED AND MONETISED
CONCOR: GATEWAY DISTRIPARKS AND ALLCARGO LOGISTICS CONFIRMS THAT THEY ARE LIKELY TO BE IN THE RACE TO BUY STAKE IN INDIA’S LARGEST CONTAINER TRAIN AND TERMINAL OPERATOR
22nd March 2021
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Stocks in Action
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5.98%5.19% 5.00%
4.29%3.38%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
ACC ADANIPORTS ADANIGREEN AMBUJACEM TATACONSUM
TOP GAINERS
4.32%3.86%
2.89% 2.71%2.25%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
INDUSINDBANK NMDC POWERGRID DMART ICICIBANK
TOP LOSERS
22nd March 2021
Corporate Actions
Renaissance Global Limited (Interim Dividend Rs 4.50 Per Share 22nd March)
Gail India Limited (Interim Dividend Rs 2.5 Per Share 22nd March)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value DII 19 Mar 2021 7503.7 cr 6944.08 cr 559.62 cr
FII/FPI 19 Mar 2021 24193.67 cr 22775.24 cr 1418.43 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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22nd March 2021
Top Picks for Tomorrow
ATUL LTD. Sector: Chemicals.
Important Parameters:
MARKET CAP BOOK VALUE EPS PE PROFIT GROWTH ROE ROCE 20425.57 CR. 1168.30 CR 204.13 33.82 16.39 % 22.38 % 28.14 %
FUNDAMENTALS
The company has shown a good profit growth of 30.92% for the Past 3 years.
Company has been maintaining healthy ROCE of 24.73% over the past 3 years.
Company is virtually debt free.
Company has a healthy Interest coverage ratio of 342.51.
Company’s PEG ratio is 0.69.
The company has an efficient Cash Conversion Cycle of 55.50 days.
Stock Entry price Positional
target
ATUL
6900
8000
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22nd March 2021
DABUR INDIA Ltd. Sector: Fmcg.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH ROE ROCE 94265.63 CR 70.42 7.57 0.58 % 17.24 % 27.95 CR 31.72 CR
FUNDAMENTALS.
Company has been maintaining healthy ROE of 29.09% over the past 3 years.
Company has been maintaining healthy ROCE of 33.20% over the past 3 years.
Company is virtually debt free.
Company has a healthy Interest coverage ratio of 74.09.
The Company has been maintaining an effective average operating margins
Stock Entry price Positional target
DABUR 526 600
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22nd 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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22nd March 2021