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Nifty opened Positive Gap up Today at 13764.40 on 18th December 2020, Index made a Day Low of 13658.60 and after a sharp Profit booking nifty made a day high of 13772.85 than closed at 13760.55, 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 13740.70 13764.40 13772.85 13658.60 13760.55 +0.14%
Sensex 46890.34 47026.02 47026.02 46630.31 46960.69 +0.15%
Nifty opened Positive Gap up Today at 13764.40 on 18th December 2020, Index made a Day Low of 13658.60 and after a sharp Profit booking nifty made a day high of 13772.85 than closed at 13760.55, nifty is taking support at 13600 (on closing basis) and still bullish on chart.
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18th December 2020
Sectorial Performance
0.18%
0.43%
0.56%
0.26%
0.00%
0.12%
0.34%
1.27%
0.61%
0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40%
AUTO (9,168.65)
BANK (30,714.65)
FINANCIAL SERVICE (14,879.15)
FMCG (34,102.70)
IT (23,256.60)
MEDIA (1,691.75)
METAL (3,216.60)
PHARMA (12,762.35)
REALTY (303.80)
SECTORS CHANGE %
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18th December 2020
Top Trending News CHINA: CONCLUDES ANNUAL CENTRAL ECONOMIC WORK CONFERENCE || CHINA WILL MAINTAIN SUSTAINITY, STABILITY,
CONTINUITY OF MACRO POLICIES-STATE MEDIA
RELIANCE INDUSTRIES: CO SAYS MJ PROJECT EXPECTED TO COME ONSTREAM IN 2022
RELIANCE INDUSTRIES: CO AND BP ANNOUNCE FIRST GAS FROM ASIA'S DEEPEST PROJECT || ANNOUNCE START OF PRODUCTION FROM R CLUSTER, ULTRA-DEEP-WATER GAS FIELD IN BLOCK KG D6
INDIA PM MODI: GOVT WILLING TO DISCUSS ALL ISSUES WITH FARMERS
STRIDES PHARMA: CO RECEIVES USFDA APPROVAL FOR OXYBUTYNIN CHLORIDE TABLETS || U.S MARKET FOR OXYBUTYNIN CHLORIDE TABLETS USP, 5 MG IS APPROXIMATELY US$ 29M
RITES: CO WINS AN ORDER IN RELATION TO THE PROJECT MANAGEMENT CONSULTANCY SERVICES FOR THE DEVELOPMENT OF GREENFIELD PORT AT MACHILIPATNAM IN KRISHNA DISTRICT OF ANDHRA PRADESH || ORDER WORTH RUPEES 620M
KNR CONSTRUCTION: CO APPROVED ISSUE OF BONUS SHARES IN RATIO 1:1 || BONUS SHARES WILL BE ISSUED OUT OF SECURITIES PREMIUM ACCOUNT OF THE CO AVAILABLE AS ON 31.03.2020
SSWL: CO RECEIVES NEW ORDERS FOR OVER EUR 355,000 FROM EU || EXPECTS TO GROW EXPORTS BY OVER 40% IN 2020-21
TATA STEEL: CO MOVES SUPREME COURT CHALLENGING VALIDITY OF THE JHARKHAND LAW IMPOSING CESS ON MINERAL BEARING LANDS
18th December 2020
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Stocks in Action
18th December 2020
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6.27%
3.17% 3.07%2.64% 2.40%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
PIDILITIND DMART DRREDDY INFY BIOCON
TOP GAINERS
4.35%
3.27%
2.46% 2.44%2.11%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
INDUSTOWER INDUSINDBK ONGC ADANIGREEN HDFCBANK
TOP LOSERS
Corporate Actions
Binani Industries Limited (AGM Annual General Meeting 18th December)
Gammon India Limited (AGM Annual General Meeting 18th December)
Simplex Infrastructures Limited (AGM Annual General Meeting 18th December)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 17 Dec 2020 3125.72 cr 5620.08 cr -2355.25 cr FII/FPI 17 Dec 2020 8609.38 cr 6254.13 cr 2355.25 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.
18th December 2020
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Top Picks for Tomorrow
LTI. Sector: Software.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 58350.17 CR. 36.14 92.14 14.34 % 15.24 % 0 CR. 371.40 CR.
FUNDAMENTALS
The Company is Virtually Debt Free.
The Company has a good ROE track record of 34.73%.
The company has effective cash conversion ratio of 105.91.
Stock Current market price
Positional
target
LTI
3330
3500
18th December 2020
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OFSS. Sector: IT Software.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 27279.23 CR 15.86 198.60 -1.55 % 44.89 % 0 CR 3253.92 CR
FUNDAMENTALS.
The Company has been maintaining a healthy Dividend Yield of 4.11%.
The Company has a good ROE track record of 34.30%.
PEG ratio is 0.69%.
The company has effective cash conversion ratio of 93.81.
The Company has healthy Operating Margin of 54.00%.
Stock Current
market price
Positional target
OFSS 3150 3400
18th 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
18th December 2020
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