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Nifty opened Positive today at 12813.40 on 20th November 2020, after making a day high, a small profit booking was seen in nifty and after making a day low of 12730.25 in mid-session, after that fresh buying and strong pullback comes in nifty and made a new daily high of 12892.45 and closed at 12859.05
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MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 12771.70 12813.40 12892.45 12730.25 12859.05 +0.68%
Sensex 43599.96 43732.14 44013.02 43453.75 43882.25 +0.65%
Nifty Bank 28903.05 28935.75 29406.70 28580.90 29236.00 +1.15%
Nifty opened Positive today at 12813.40 on 20th November 2020, after making a day high, a small profit booking seen in nifty and after making a day low of 12730.25 in mid-session, after that fresh buying and strong pullback comes in nifty and made a new day high of 12892.45 and closed at 12859.05
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20th November 2020
Top Performing Sectors
FINANCE IS THE TOP LEADING SECTOR IN TODAYS MARKET, AND BAJAJFINANCE AND FINSERV GAIN MORE THEN 9% TODAY
FINANCE
14210.50
+1.70%
IT
21409.25
+1.40%
FMCG
31454.35
+1.19%
BANK
29236.00
+1.15%
20th November 2020
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Top Trending News
PENIND: PENNAR INDUSTRIES BAGS ORDER WORTHRS. 517CR.
INFRATEL: BHARTI INFRATEL UP ON MERGER COMPLETION WITH INDUS TOWERS
GLAND: GLAND PHARMA SHARES MAKE A STRONG DEBUT
PFIZER: PFIZER, BIONTECH INTEND TO SUBMIT APPLICATIONS TO OTHER REGULATORY AGENCIES WORLDWIDE IN COMING DAYS FOR COVID-19 VACCINE
RBI: PANEL RECOMMENDS PAYMENTS BANKS WITH TRACK RECORD OF 3 YEARS OF EXPERIENCE IS SUFFICIENT IF IT INTENDS TO CONVERT TO SMALL FINANCE BANK
SEBI: PROPOSES A COMPREHENSIVE REVIEW OF DELISTING REGULATIONS, AIM TO ENHANCE DISCLOSURES, REFINE DELISTING PROCESS
RAILWAYS EXEC: SAYS NEWS REPORTS OF TRAINS BETWEEN BOMBAY AND DELHI BEING HALTED BASELESS AND SPECULATIVE
MAHARASHTRA GOVT: MULLING TO SHUT TRAIN SERVICES TO DELHI AND SOME SLECT ROUTES NEAR DELHI
20th November 2020
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Stocks in Action
STOCK PRE.CLOSE OPEN HIGH LOW CLOSE
INFRATEL 185.90 190.65 223.05 188.25 219.05
BAJAJFISV 7823.40 7843.00 8588.65 7843.00 8542.60
TITAN 1292.45 1295.95 1371.30 1295.60 1365.15
ADANIGREEN 1083.50 1051.00 1137.65 1050.00 1134.55
ICICIGI 1296.45 1304.00 1383.55 1299.00 1356.30
BAJAJHLDING 2878.85 2892.00 3026.10 2853.00 3008.80
GAIL 93.65 93.90 97.95 93.00 97.45
UBL 1052.15 1057.85 1100.95 1051.50 1094.25
BAJFINANCE 4536.55 4571.95 4762.15 4515.25 4715.85
NAUKRI 3834.20 3834.20 4058.00 3815.10 3980.40
20th November 2020
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Corporate Actions
NMDC Limited (Share Buy Back 20th November)
EPL Limited (Interim Dividend Rs 2.05 Per Share 20th November)
Creative Eye Limited (AGM Annual General Meeting 20th November)
Gabriel India Limited (Interim Dividend Rs 0.20 Per Share 20th November)
20th November 2020
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Top Picks for Tomorrow
SESHAPAPER Sector: Paper Products.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 838.49 CR. 6.8 19.55 -10.66% 14.04% 10.21 CR. 325.26 CR.
FUNDAMENTALS
Company has a healthy Interest coverage ratio of 37.11. The company has an efficient Cash Conversion Cycle of -17.56 days. Company has a healthy liquidity position with current ratio of 2.57. The company has a good cash flow management; CFO/PAT stands at 1.79.
TECHNICALS
Stock bullish on weekly charts after a long consolidation today it shows a trend blackout on technical charts.
Stock Current market price
Positional
target
Seshasayee Paper & Boards
Ltd.
132 148
20th November 2020
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GEPIL Sector: Engineering Construction.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 2139.85 CR 15.79 20.16 28.55% 3.48% 0.0 CR 379.25 CR
FUNDAMENTALS.
The company has shown a good profit growth of 564.45% for the Past 3 years. Company is virtually debt free. The company has an efficient Cash Conversion Cycle of 69.65 days. The company has a high promoter holding of 68.58%.
TECHNICALS
we can see a morning star pattern on chart, it’s a trend reversal pattern now stock is ready to go upside.
Stock Current
market price
Positional target
GE POWER 315 348
20th November 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
20th November 2020
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