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Nifty opened Positive Gap up Today at 13713.55 on 17th December 2020, Index made a Day Low of 13673.55 and after a bull runs nifty made a day high of 13773.25 than closed at 13740.70, 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 13682.70 13713.55 13773.25 13673.55 13740.70 +0.42%
Sensex 46666.46 46774.32 46992.57 46627.60 46890.34 +0.48%
Nifty Bank 30698.40 30791.20 30945.20 30643.90 30847.05 +0.48%
Nifty opened Positive Gap up Today at 13713.55 on 17th December 2020, Index made a Day Low of 13673.55 and after a bull run nifty made a day high of 13773.25 than closed at 13740.70, nifty is taking support at 13600 (on closing basis) and still bullish on chart.
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17th December 2020
Sectorial Performance
0.58%
0.48%
1.18%
0.53%
0.06%
1.94%
1.35%
0.44%
0.59%
0.00% 0.50% 1.00% 1.50% 2.00% 2.50%
AUTO (9,185.20)
BANK (30,847.05)
FINANCIAL SERVICE (14,963.55)
FMCG (34,013.55)
IT (22,892.25)
MEDIA (1,693.85)
METAL (3,227.70)
PHARMA (12,602.40)
REALTY (305.65)
SECTORS CHANGE %
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17th December 2020
Top Trending News COVID: ENGLAND TEST AND TRACE SAYS 195,449 PEOPLE WERE IDENTIFIED AS RECENT CLOSE CONTACTS WITH 92.7% REACHED
AND TOLD TO SELF-ISOLATE
INDIA PM: MODI WILL ADDRESS FARMERS' CONFERENCES TO BE HELD ACROSS MADHYA PRADESH ON DECEMBER 18 AT 2 PM VIA VIDEO CONFERENCING
INTEREST WAIVER CASE: SUPREME COURT RESERVES JUDGMENT ON ADDITIONAL RELIEFS SOUGHT IN THE MORATORIUM CASE
NATCO PHARMA: CO INTRODUCES ANTI BLOOD CLOT TABLET RIVAROXABAN IN INDIA
GARWARE POLYESTER: CO COMMENCED THE PRODUCTION OF PAINT PROTECTION FILMS (PPF) FOR AUTOMOBILE PAINT PROTECTION CURRENTLY, PAINT PROTECTION FILM HAS AN ESTIMATED GLOBAL MARKET SIZE OF $500M
UNION BANK OF INDIA: S&P AFFIRMS BANK'S 'BB+/B' RATINGS WITH STABLE OUTLOOK; REVISES SACP TO 'BB-' ON WEAKENED CAPITAL BUFFERS
ABB INDIA: CO ACCEPTED PROPOSAL TO MAKE ONETIME CONSOLIDATED PROVISION TO EXTENT OF AROUND 790M RUPEES, DURING FY 2020
AXIS BANK: EXEC SAYS BANK REMAINS CONSERVATIVE ON LTV RATIO FOR RETAIL LOANS || BANK IS BACK TO PRE-COVID LEVEL ON RETAIL ASSET BOOK
MANAPPURAM FINANCE: CO APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES FOR 1B RUPEES
17th December 2020
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Stocks in Action
17th December 2020
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2.89% 2.88% 2.87%2.83%
2.72%
2.60%
2.65%
2.70%
2.75%
2.80%
2.85%
2.90%
2.95%
BERGEPAINT HDFC DIVISLAB GICRE BAJFINANCE
TOP GAINERS
3.92%
2.70% 2.50%2.23% 2.02%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
BANKBARODA DMART PNB HINDALCO HINDPETRO
TOP LOSERS
Corporate Actions
ZODIACLOTH (AGM Annual General Meeting 16th December)
CUPID LIMITED (AGM Annual General Meeting 16th December)
DATAMATICS (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.
17th December 2020
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Top Picks for Tomorrow
GARDEN REACH. Sector: Ship Building.
Important Parameters:
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 2344.31 CR. 19.96 10.22 3.38 % 11.41 % 0 CR. 2611.31 CR.
FUNDAMENTALS
Company has a healthy Interest coverage ratio of 168.62.
Company’s PEG ratio is 0.41.
The company has an efficient Cash Conversion Cycle of 66.27 days.
The company has a high promoter holding of 74.50%.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 9.00.
Stock Current market price
Positional
target
GRSE
204
235
17th December 2020
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JAGRAN PRAKASHAN LTD.. Sector: Printing Publishing.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 1247.12 CR 11 4.03 -8.64 % 14.68 % 198.98 CR 27.76 CR
FUNDAMENTALS.
The company has significantly decreased its debt by 94.27 Cr.
Company has been maintaining healthy ROCE of 21.77% over the past 3 years.
Company has a healthy Interest coverage ratio of 15.01.
The Company has been maintaining an effective average operating margins of 24.32% in the last 5 years.
Company’s PEG ratio is 0.43.
Stock Current
market price
Positional target
JAGRAN 44 55
17th 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
17th December 2020
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