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Nifty opened a Positive gap up today at 15002.45 on 8th March 2021, Index was the very volatile the whole day, and after making a day High of 15111.15 nifty made a day low of 14919.90, Index closed at the very important level at 14956.20. Resistance for nifty is 15100 (closing basis). And support is 14800. Nifty may volatile for few days.
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MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 14938.10 15002.45 15111.15 14919.90 14956.20 0.12%
Sensex 50405.32 50654.02 50985.77 50318.26 50441.07 0.071%
Nifty opened Positive gap up today at 15002.45 on 8th March 2021, Index was very volatile whole day, and after made a day High of 15111.15 nifty made a day low of 14919.90, Index closed at very important level at 14956.20. Resistance for nifty is 15100 (closing basis). And support is 14800. Nifty may volatile for few days.
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8th March 2021
Sectorial Performance
0.51%
0.47%
0.39%
0.37%
0.14%
0.16%
1.01%
1.05%
0.81%
0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20%
NIFTYFMCG
NIFTYIT
NIFTYPHARMA
NIFTYFINSERVICE
NIFTYBANK
NIFTYAUTO
NIFTYMEDIA
NIFTYREALTY
NIFTYMETAL
SECTORS CHANGE %
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8th March 2021
Top Trending News
SOUTHERN PETROCHEMICAL: TUTICORIN PLANTS RESTARTED, RESUMED PRODUCTION ON MARCH 6
ADITYA BIRLA CAPITAL: CO IS PLANNING TO LIST ADITYA BIRLA SUN LIFE ASSET MANAGEMENT IN THE JUNE QUARTER
DCW: CO RAISES RUPEES 4.1B THROUGH OCD AND NCD
TALBROS AUTOMOTIVE: CO WON MULTI YEAR ORDERS WORTH ABOUT 3.04B RUPEES || ORDERS TO BE IMPLEMENTED OVER PERIOD OF 5 YEARS STARTING FROM CURRENT FY
SBI CARDS: BOARD MEETING ON MARCH 12 TO CONSIDER RAISING OF FUNDS
SUBEX: CO WILL BE LAUNCHING A NEW AI AUTOMATION PLATFORM IN THE MONTH OF APRIL 2021, THAT WILL HELP ENTERPRISES IN THEIR AI ADOPTION JOURNEY
MAHINDRA & MAHINDRA: VS PARTHASARATHY, PRESIDENT - MOBILITY SERVICES SECTOR AND MEMBER OF THE GROUP EXECUTIVE BOARD, HAS DECIDED TO LEAVE THE GROUP EFFECTIVE CLOSE OF 1 APRIL 2021
PRESTIGE ESTATES: KARNATAKA STAMP DUTY FOR APARTMENTS VALUED BETWEEN RS 35-45 LAKH REDUCED TO 3% FROM 5%
SOM DISTILLERIES: BOARD MEETING ON MARCH 15 TO CONSIDER ISSUE OF CONVERTIBLE EQUITY WARRANTS TO PROSPECTIVE INVESTORS
MOLD-TEK PACKAGING: CO DECLARED AN INTERIM DIVIDEND OF 3 RUPEES/SHARE
DCM SHRIRAM: PROMOTER GROUP HAS ACQUIRED 2.55% STAKE VIA OPEN MARKET
8th March 2021
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Stocks in Action
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6.49%
4.76%4.05% 4.03%
3.53%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
UPL GAIL PFC NMDC LT
TOP GAINERS
2.89%
2.43% 2.38% 2.36% 2.34%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
DMART ADANITRANS SHREECEM MUTHOOTFIN BERGERPAINT
TOP LOSERS
8th March 2021
Corporate Actions
KRI Industries Limited (Interim Dividend Rs 2 Per Share 9th March)
Power Grid Corporation of india Limited (Interim Dividend Rs 4 Per Share 8th March)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value DII 05 Mar 2021 3633.06 cr 4824.25 cr -1191.19 cr
FII/FPI 05 Mar 2021 9383.17 cr 11397.33 cr -2014.16 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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8th March 2021
Top Picks for Tomorrow
Saregama India LTD. Sector: Film Production.
Important Parameters:
MARKET CAP DEBT EPS SALES GROWTH PROFIT GROWTH ROE ROCE 2593.96 CR. 6.33 cr 53.97 -4.63 % 9.80 % 15.61 % 20.70 %
FUNDAMENTALS
The company has shown a good profit growth of 69.83% for the Past 3 years.
The company has shown a good revenue growth of 33.93% for the Past 3 years.
The company has significantly decreased its debt by 54.48 Cr.
Company has been maintaining healthy ROCE of 21.27% over the past 3 years.
Company is virtually debt free.
Stock Entry price Positional
target
SAREGAMA
1260
1500
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8th March 2021
Action Construction Equipment Ltd. Sector: Engineering.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 1936.02 CR 35.14 4.85 -13.88 % 4.55 % 82.83 CR 9.25 CR
FUNDAMENTALS.
The company has shown a good profit growth of 53.81% for the Past 3 years.
The company has shown a good revenue growth of 15.47% for the Past 3 years.
The company has an efficient Cash Conversion Cycle of 17.41 days.
The company has a good cash flow management; CFO/PAT stands at 3.14.
The company has a high promoter holding of 73.14%.
Stock Entry price Positional target
ACE 163 200
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8th March 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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8th March 2021
