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Nifty opened Positive Gap up Today at 13663.10 on 16th December 2020, Index made a Day Low of 13606.45 and made a ‘CUP’ pattern on the intraday chart, Nifty closed with a big bull movement at 13692.35, nifty is taking support at 13600 (on a closing basis) and still bullish on the chart.
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MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 13567.85 13663.10 13692.35 13606.45 13682.70 +0.85%
Sensex 46263.17 46573.31 46704.97 46402.20 46666.46 +0.87%
Nifty Bank 30691.05 30920.35 30932.25 30587.10 30698.40 +0.02%
Nifty opened Positive Gap up Today at 13663.10 on 16th December 2020, Index made a Day Low of 13606.45 and made a ‘CUP’ pattern on intraday chart, Nifty closed with a big bull movement at 13692.35, nifty is taking support at 13600 (on closing basis) and still bullish on chart.
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16th December 2020
Sectorial Performance
0.98%
0.02%
0.79%
0.67%
0.84%
0.30%
1.79%
0.92%
5.14%
0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00%
AUTO (9,239.10)
BANK (30,698.40)
FINANCIAL SERVICE (14,789.30)
FMCG (34,195.85)
IT (22,906.25)
MEDIA (1,727.35)
METAL (3,271.75)
PHARMA (12,547.50)
REALTY (303.85)
SECTORS CHANGE %
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16th December 2020
Top Trending News SNOWMAN LOGISTICS: BOARD MEETING TO BE HELD ON DEC 21 TO CONSIDER RAISING OF FUNDS VIA QUALIFIED INSTITUTIONS
PLACEMENT
OLECTRA GREENTECH: CO, EVEY TRANS PVT LTD DECLARED AS L-1 BIDDERS FOR 353 ELECTRIC BUSES SUPPLY PROJECT || VALUE OF TENDER ABOUT 6B RUPEES
VIDEOCON INDUSTRIES: INTIMATION OF THE APPROVAL OF A RESOLUTION PLAN BY THE COC AND FILING OF RESOLUTION PLAN WITH NCLT
INDUSIND BANK: PROMOTERS OFFER COMMITMENT TO SUBSCRIPTION OF BALANCE AMOUNT OF WARRANTS CONVERSION TO EQUITY
CORONAVIRUS: UK PM JOHNSON SAYS BRITAIN'S FOUR NATIONS UNANIMOUS THAT WE SHOULD GO AHEAD WITH PLANNED CHRISTMAS REGULATIONS
PG ELECTROPLAST: CO APPROVED RAISING OF FUNDS UPTO 2B RUPEES THROUGH ISSUE OF SECURITIES
TATA VS MISTRY CASE - SUPREME COURT TO CONTINUE HEARING ON DEC 17
CABINET MIN: INDIA GOVT TO CONDUCT NEXT ROUND OF SPECTRUM AUCTION IN MARCH SPECTRUM RULE TO BE SIMILAR TO 2016
RBI GOVERNOR: ADEQUATE SAFEGUARDS NEED TO BE REINFORCED TO ADDRESS ISSUES OF CYBER SECURITY, DATA CONFIDENTIALITY
16th December 2020
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Stocks in Action
16th December 2020
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9.72%
4.20%3.16% 2.83% 2.58%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
DLF HAVELLS HDFC HINDALCO HDFCAMC
TOP GAINERS
6.53%
1.49% 1.22% 1.12% 1.08%0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
PNB PGHH CONCOR BANKBARODA ICICIBANK
TOP LOSERS
Corporate Actions
Dynemic Products Limited (AGM Annual General Meeting 16th December)
GB Global Limited (AGM Annual General Meeting 16th December)
Hindustan Construction Company Limited (AGM Annual General Meeting 16th December)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 16 Dec 2020 3748.65 cr 5467.10 cr -1718.45 cr FII/FPI 16 Dec 2020 8209.33 cr 6227.56 cr 1981.77 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.
16th December 2020
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Top Picks for Tomorrow
KAJARIA CERAMICS Ltd. Sector: Ceramics.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 10791.26 CR. 52.4 12.93 -5.66 % 10.84 % 42.27 CR. 219.87 CR.
FUNDAMENTALS
Company has been maintaining healthy ROCE of 25.40% over the past 3 years. Company is virtually debt free. Company has a healthy Interest coverage ratio of 40.78. The company has an efficient Cash Conversion Cycle of 67.48 days. Company has a healthy liquidity position with current ratio of 2.72.
Stock Current market price
Positional
target
KAJARIACER
675
750
16th December 2020
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GRANULES INDIA Ltd. Sector: Pharmaceuticals.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 9416.60 CR 16.53 23.00 10.08 % 19.11 % 890.92 CR 272.34 CR
FUNDAMENTALS.
The company has shown a good revenue growth of 19.62% for the Past 3 years.
Company has a healthy Interest coverage ratio of 21.59.
Company’s PEG ratio is 0.09.
The company has a good cash flow management; CFO/PAT stands at 1.04.
Stock Current
market price
Positional target
GRANULES 380 440
16th 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
16th December 2020
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