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After a long Bull, Run Today Nifty opened with a negative Gap Down at 13488.50 on 10th December 2020, Index made a Day Low of 13399.30, we have seen a down consolidation session. Nifty closed with a small bull movement at 13478.30, nifty taking support at 13450 (on a closing basis) and respecting its resistance at 13550.
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MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 13529.10 13488.50 13503.55 13399.30 13478.30 -0.38%
Sensex 46103.50 45999.42 46043.97 45685.87 45959.88 -0.31%
Nifty Bank 30709.40 30545.35 30610.00 30202.10 30510.35 -0.65%
After a long Bull Run Today Nifty opened with negative Gap Down at 13488.50 on 10th December 2020, Index made a Day Low of 13399.30, we seen a down consolidation session. Nifty closed with a small bull movement at 13478.30, nifty taking support at 13450 (on closing basis) and respecting its resistance at 13550.
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10th December 2020
Sectorial Performance
0.99%
0.65%
0.72%
2.81%
0.21%
1.62%
0.23%
0.03%
0.43%
0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00%
AUTO (9,200.85)
BANK (30,510.10)
FINANCIAL SERVICE (14,450.10)
FMCG (34,054.80)
IT (22,755.75)
MEDIA (1,646.20)
METAL (3,113.05)
PHARMA (12,440.60)
REALTY (290.25)
SECTORS CHANGE %
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10th December 2020
Top Trending News
WIPRO: CO AND LOGINEXT PARTNER TO LAUNCH INTEGRATED LOGISTICS PLATFORM
CORONAVIRUS UPDATE: INDIA - HARYANA ANNOUNCES OPENING OF SCHOOLS FROM DECEMBER 14 || SCHOOLS WOULD REMAIN OPEN FROM 10 AM TO 1 PM ONLY FOR CLASS X AND XII
WALMART - ANNOUNCED THAT IT WILL TRIPLE ITS EXPORTS OF GOODS FROM INDIA TO $10B EACH YEAR BY 2027 || WILL STRENGTHEN DEVELOPMENT OF SUPPLY CHAIN ECOSYSTEM IN INDIA
HDFC BANK: RESERVE BANK OF INDIA IMPOSED PENALTY OF 1M RUPEES ON BANK BOUNCING OF SGL
UNITED SPIRITS: CO NAMES HINA NAGARAJAN AS CEO || ANAND KRIPALU TO STEP DOWN AS MD & CEO
TCS: CO SAYS NEW FACILITY WILL OFFICIALLY OPEN IN LATE DEC, HAVE SPACE FOR 367 EMPLOYEES
KOTAK MAHINDRA BANK: RBI RESTRICTS BANK FROM PAYING OUT DIVIDEND ON PNCPS (PERPETUAL NON-CUMULATIVE PREFERENCE SHARES) AS WELL
PFIZER: SAUDI ARABIA REGISTERS PFIZER CORONAVIRUS VACCINE FOR IMPORT AND USE
HCL TECHNOLOGIES: CO ENTERS VIETNAM; WILL CREATE SIGNIFICANT LOCAL DIGITAL EMPLOYMENT OPPORTUNITIES
INDIAN OIL CORP: CRUDE OIL THROUGHPUT OF INDIANOIL REFINERIES ROSE TO 100% IN NOVEMBER 2020
10th December 2020
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Stocks in Action
10th December 2020
www.imperialfin.com [email protected] +91-9595889988
4.74%4.46%
3.74% 3.55% 3.35%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
NAUKRI NESTLEIND BANDHANBANK ITC GODREJCP
TOP GAINERS
10.99%
3.51% 3.25% 3.12% 2.79%0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
UPL ULTRACEMCO PFC ADANIGREEN TATAMOTORS
TOP LOSERS
Corporate Actions
Advani Hotels & Resorts Limited (AGM Annual General Meeting 10th December)
DCM Financial Services Limited (AGM Annual General Meeting 10th December)
WIPRO wipro Limited ( Buyback 10th December)
INFIBEAM avenues Limited (Demerger 10th December)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 9 Dec 2020 3834.91 cr 6328.01 cr -2493.10 cr
FII/FPI 9 Dec 2020 9574.48 cr 6010.25 cr 3564.23 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.
10th December 2020
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Top Picks for Tomorrow
Allcargo Logistics Ltd. Sector: Logistics.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 3420.08 CR. 11.47 11.50 5.96 % 13.57 % 950.53 CR. 48.38 CR.
FUNDAMENTALS
The company has shown a good profit growth of 27.38% for the Past 3 years.
The company has an efficient Cash Conversion Cycle of 40.60 days.
The company has a good cash flow management; CFO/PAT stands at 2.08.
The company has a high promoter holding of 70.01%
Stock Current market price
Positional
target
ALLCARGO
132
150
10th December 2020
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Piramal Enterprises Ltd. Sector: Pharmaceuticals.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 32691.78 CR 221.9 6.42 14.94 % 3.43 % 10575.52 CR 78.74 CR
FUNDAMENTALS.
The company has significantly decreased its debt by 6,912.02 Cr.
The Company has been maintaining an effective average operating margins of 41.80% in the last 5 years.
The company has an efficient Cash Conversion Cycle of -17.59 days.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.67.
Stock Current
market price
Positional target
PEL 1425 1550
10th 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
10th December 2020
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