Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

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MARKET OUTLOOK REPORT Figure. Nifty50 Intraday chart Index Previous close Open High Low Close Change % Nifty 50 13478.30 13512.30 13579.35 13402.85 13513.85 +0.26% Sensex 45959.88 46060.32 46309.63 45706.22 46099.01 +0.30% Nifty Bank 30510.35 30555.30 30811.80 30328.45 30604.85 +0.31% Nifty opened with positive Gap up Today at 13512.30 on 11 th December 2020, Index made a Day Low of 13402.85 when market was going to close, Nifty closed with a small bull movement at 13513.85, nifty taking support at 13450 (on closing basis) and respecting its resistance at 13550. We found a “Doji” candlestick patter on Daily chart, Which Shows uncertainty. www.imperialfin.com [email protected] +91-9595889988 11 th December 2020

description

Nifty opened with a positive Gap up Today at 13512.30 on 11th December 2020, Index made a Day Low of 13402.85 when the market was going to close, Nifty closed with a small bull movement at 13513.85, nifty taking support at 13450 (on a closing basis) and respecting its resistance at 13550. We found a “Doji” candlestick patter on the Daily chart, Which Shows uncertainty.

Transcript of Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

Page 1: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

MARKET OUTLOOK REPORT

Figure. Nifty50 Intraday chart

Index Previous close Open High Low Close Change %

Nifty 50 13478.30 13512.30 13579.35 13402.85 13513.85 +0.26%

Sensex 45959.88 46060.32 46309.63 45706.22 46099.01 +0.30%

Nifty Bank 30510.35 30555.30 30811.80 30328.45 30604.85 +0.31%

Nifty opened with positive Gap up Today at 13512.30 on 11th December 2020, Index made a Day Low of 13402.85 when market was going to close, Nifty closed with a small bull movement at 13513.85, nifty taking support at 13450 (on closing basis) and respecting its resistance at 13550. We found a “Doji” candlestick patter on Daily chart, Which Shows uncertainty.

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11th December 2020

Page 2: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

Sectorial Performance

0.13%

0.31%

0.36%

0.91%

0.40%

0.76%

1.06%

0.60%

0.78%

0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20%

AUTO (9,188.95)

BANK (30,604.85)

FINANCIAL SERVICE (14,501.90)

FMCG (34,364.85)

IT (22,664.00)

MEDIA (1,658.70)

METAL (3,146.10)

PHARMA (12,366.00)

REALTY (292.50)

SECTORS CHANGE %

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Page 3: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

Top Trending News

HATSUN AGRO: CO HAS APPROVED ALLOTMENT OF BONUS EQUITY SHARERS IN THE RATIO OF 1:3 IE ONE NEW BONUS EQUITY SHARE OF RE.1 FOR EVERY THREE EQUITY SHARES OF RE. 1 EACH

PANACEA BIOTECH: CO DEAL WITH DR REDDY SOON FOR VACCINE MANUFACTURING

JSW ENERGY: PROMOTER RELEASES PLEDGE ON 15M SHARES FROM DEC 4 TO DEC 8

GERMAN ECONOMY MINISTER: SAYS LOCKDOWN WILL BE EXTENDED

BSE: CO INTRODUCES E-AGRICULTURAL SPOT MARKET PLATFORM

PFIZER: HONG KONG SIGNS DEAL FOR 15M VACCINE DOSES FROM PFIZER, SINOVAC

CANARA BANK: BOARD APPROVED THE ISSUE OF 19,32,36,714 EQUITY SHARES AT A PRICE OF RS 103.50 PER SHARE, AGGREGATING TO RUPEES 20B TO THE ELIGIBLE QUALIFIED INSTITUTIONAL BUYERS IN THE QIP

MINDA CORP: CO APPROVED THE ISSUE AND ALLOTMENT OF 1.18CR EQUITY SHARES OF FACE VALUE OF RUPEES 2 EACH, FULLY PAID-UP, ON A PREFERENTIAL BASIS AT THE ISSUE PRICE OF RUPEES 70/SHARE

SHRIRAM TRANSPORT: CO CLARIFIES ON THE NEWS ITEM ON RBI’S DRAFT CIRCULAR ON DECLARATION OF DIVIDEND BY NBFCS || CO SAYS IT IS PREMATURE TO EXPRESS ANY VIEW ON THE ELIGIBILITY OF ANY NBFC TO DECLARE DIVIDEND BASED ON THE SAID DRAFT CIRCULAR, SINCE THE

11th December 2020

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Page 4: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

Stocks in Action

11th December 2020

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5.62% 5.47% 5.40%4.83%

3.34%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

ONGC PNB NTPC GAIL ABBOTINDIA

TOP GAINERS

2.42%2.20%

1.52% 1.46% 1.39%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

DIVISLAB AXISBANK NAUKRI ACC PEL

TOP LOSERS

Page 5: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

Corporate Actions

Visa Steel Limited (AGM Annual General Meeting 11th December)

Simbhaoli Sugars Limited (AGM Annual General Meeting 11th December)

Sanghvi Forging and Engineering Limited (AGM Annual General Meeting 11th December)

FII/DII/FPI ACTION IN CAPITAL MARKET

Category Date Buy Value Sell Value Net Value

DII 10 Dec 2020 3390.71 cr 5665.93 cr -2275.22 cr

FII/FPI 10 Dec 2020 7663.53 cr 5403.55 cr 2259.98 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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Page 6: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

Top Picks for Tomorrow

Hindustan Aeronautics Ltd. Sector: Airlines.

Important Parameters:

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 29700.48 CR. 11.93 71.97 7.15 % 13.21 % 5815.65 CR. 297.91 CR.

FUNDAMENTALS

Company has been maintaining healthy ROE of 20.74% over the past 3 years.

Company has been maintaining healthy ROCE of 27.04% over the past 3 years.

Company has a healthy Interest coverage ratio of 11.93.

Company’s PEG ratio is 0.58.

The company has a high promoter holding of 89.97%.

Stock Current market price

Positional

target

HAL

854

1000

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Page 7: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

Finolex Cables Ltd. Sector: Cable.

Important Parameter

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 5459.93 CR 17.73 19.74 -6.51 % 13.99 % 0.38 CR 933.88 CR

FUNDAMENTALS.

The company has significantly decreased its debt by 0.17 Cr.

Company has been maintaining healthy ROCE of 22.44% over the past 3 years.

Company is virtually debt free.

Company has a healthy Interest coverage ratio of 324.44.

The company has an efficient Cash Conversion Cycle of 72.85 days.

Company has a healthy liquidity position with current ratio of 8.66.

Stock Current

market price

Positional target

FINCABLES 350 400

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Page 8: Market Outlook Report 11-12-2020 by Imperial Finsol Pvt. Ltd.

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

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