stock market outlook report by imperial money pvt. ltd
DESCRIPTION
Nifty opened positive gap up today on 27th Apr 2021 at 14493.80, Index was very bullish and made a day high of 14667.55 and closed at a very important level 14653.05. Resistance for Nifty is 14750 and support is 14300 on a closing basis. Nifty may test 15000 soon.TRANSCRIPT
MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 14485.00 14493.80 14667.55 14484.85 14653.05 1.16%
Sensex 48386.51 48424.08 49009.26 48399.53 48944.14 1.15%
Nifty opened positive gap up today on 27th Apr 2021 at 14493.80, Index was very bullish and made a day high of 14667.55 and closed at very important level 14653.05. Resistance for nifty is 14750 and support is 14300 on closing basis. Nifty may test 15000 soon.
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27th Apr 2021
Sectorial Performance
0.42%
0.53%
0.70%
0.99%
1.43%
0.69%
1.70%
0.72%
2.71%
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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27th Apr 2021
Top Trending News
TECHM
Net profit of Tech Mahindra up 34.6% Rs 1,081 crores for the January to March quarter.
Missed a few analyst estimates which had pegged the profit between Rs 1,301-1,315 crores.
Revenue was up 2.5% to Rs 9,730 crores.
Final dividend of Rs 30 per share which includes a special dividend of Rs.15 per share). This is subject to approval at the forthcoming AGM of the company.
This dividend is in addition to the dividends announced before the declaration of results.
HDFCLIFE
Net profit rose 2.3% to Rs 319.06 crore.
HDFC Life collected new premiums of Rs 434.47 crores, up 45.6%.
The company sold 9.8 lakh new individual policies during the quarter, up 10%.
MARUTI
According to a few media reports, Maruti may increase production by 200 cars per day from May.
TATAMOTORS
Tata Motors is expecting a slowdown in vehicle demand due to lockdowns imposed in various parts of the country.
The company will implement a ‘Business Agility Plan’ to protect and serve the interests of its customers, dealers and suppliers.
WIPRO
The company will implement a digital experience platform for Bristol Water to modernise critical infrastructure.
27th Apr 2021
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Stocks in Action
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5.14% 4.98%4.26%
3.93% 3.84%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
HINDALCO YESBANK INDIGO TATASTEEL SBICARD
TOP GAINERS
3.65%3.16%
1.46% 1.33% 1.19%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
HDFCLIFE ICICIPRULI SBILIFE BERGEPAINT CADILAHC
TOP LOSERS
27th Apr 2021
Corporate Actions
Zuari Global Limited (Interim Dividend Rs 1 Per Share 27th Apr)
Nestle India Limited (AGM/Dividend Rs 65 Per Share 29th Apr)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value DII 26 Apr 2021 6518.02 cr 5495.45 cr 1022.57 cr
FII/FPI 26 Apr 2021 7660.72 cr 8772.61 cr -1111.89 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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27th Apr 2021
Top Picks for Tomorrow
RADICO. Sector: Breweries & Distilleries.
Important Parameters:
MARKET CAP BOOK VALUE EPS PE PROFIT GROWTH ROE ROCE
7300.17 CR. 126.53 17.63 31 2.42 % 16.05 % 17.05 %
FUNDAMENTALS
The company has shown a good profit growth of 41.64% for the Past 3 years.
Company has a healthy Interest coverage ratio of 9.55.
The company has an efficient Cash Conversion Cycle of -5.68 days.
Stock Entry price Positional
target
RADICO
540
600
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27th Apr 2021
INDIAMART. Sector: E commerce.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH ROE ROCE 25839.53 CR 94.82 89.75 25.39 % 23.45 % 69.88 CR 98.01 CR
FUNDAMENTALS.
The company has shown a good profit growth of 136.12% for the Past 3 years.
The company has shown a good revenue growth of 26.42% for the Past 3 years.
Company has been maintaining healthy ROE of 23.29% over the past 3 years.
Company has been maintaining healthy ROCE of 32.67% over the past 3 years.
Company is virtually debt free.
Stock Entry price Positional target
INDIAMART 8383 9000
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27th Apr 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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27th Apr 2021