8
MARKET OUTLOOK REPORT Figure. Nifty50 Intraday chart Index Previous close Open High Low Close Change % Nifty 50 15691.40 15756.50 15761.50 15450.90 15683.35 0.051% Sensex 52323.33 52568.07 52586.41 51601.11 52344.45 0.040% Nifty opened positive gap up today at 15756.50 on 18 th Jun 2021, index was very volatile whole day and after made a day high of 15761.50 nifty made a day low of 15450.90 and closed negative at very important level 15683.35. Resistance for nifty is 16000 and support is 15400 (Closing Basis). Index may test 16200 in coming days. www.imperialfin.com [email protected] +91-9595889988 18 th Jun 2021

Stock Market Outlook Report by Imperial Money Pvt. Ltd

Embed Size (px)

DESCRIPTION

Nifty opened positive gap up today at 15756.50 on 18th Jun 2021, index was very volatile whole day and after made a day high of 15761.50 nifty made a day low of 15450.90 and closed negative at very important level 15683.35. Resistance for nifty is 16000 and support is 15400 (Closing Basis). Index may test 16200 in coming days.

Citation preview

  • MARKET OUTLOOK REPORT

    Figure. Nifty50 Intraday chart

    Index Previous close Open High Low Close Change %

    Nifty 50 15691.40 15756.50 15761.50 15450.90 15683.35 0.051%

    Sensex 52323.33 52568.07 52586.41 51601.11 52344.45 0.040%

    Nifty opened positive gap up today at 15756.50 on 18th Jun 2021, index was very volatile whole day and after made a day high of 15761.50 nifty made a day low of 15450.90 and closed negative at very important level 15683.35. Resistance for nifty is 16000 and support is 15400 (Closing Basis). Index may test 16200 in coming days.

    www.imperialfin.com [email protected] +91-9595889988

    18th Jun 2021

    mailto:[email protected]

  • Sectorial Performance

    0.29%

    0.58%

    0.36%

    0.06%

    0.14%

    0.75%

    0.64%

    0.84%

    0.91%

    0.00% 0.10% 0.20% 0.30% 0.40% 0.50% 0.60% 0.70% 0.80% 0.90% 1.00%

    NIFTYFMCG

    NIFTYIT

    NIFTYPHARMA

    NIFTYFINSERVICE

    NIFTYBANK

    NIFTYAUTO

    NIFTYMEDIA

    NIFTYREALTY

    NIFTYMETAL

    SECTORS CHANGE %

    www.imperialfin.com [email protected] +91-9595889988

    18th Jun 2021

    mailto:[email protected]

  • Top Trending News ➢ SBI Cards

    CA Rover Holdings, a U.S. private equity fund and an affiliate of Carlyle Asia Partners may sell a 5.1% stake in SBI Cards today.

    The deal will be worth around Rs 5,000 crores.

    ➢ Max Financial Services

    Max Ventures Investment Holdings, promoter of Max Financial Services, sold 78.28 lakh shares of the company, worth Rs 783 crores.

    ➢ Power Grid

    Net profit of the company was up 6% to Rs 3,526.23 crores for the March 2021 quarter, mainly on the back of higher revenues.

    Total income up by around Rs 300 crores to Rs 10,816.33 crores.

    Board has recommended a final dividend of Rs 3 per share for the financial year 2020-21.

    ➢ Nazara Technologies

    Nazara may acquire Publishme, a Middle East- and Turkey-based mobile gaming publishing agency, for $2.7 million.

    This will come to a 69.82% stake in the company.

    ➢ State Bank of India

    SBI has invited bids for two NPA accounts with outstanding dues of nearly Rs 60 crore.

    ➢ Religare Enterprises

    The company is looking to launch an IPO for its subsidiary, Care GHealth Insurance to raise up to Rs 2,000 crores, according to a media report.

    18th Jun 2021

    www.imperialfin.com [email protected] +91-9595889988

    mailto:[email protected]

  • Stocks in Action

    www.imperialfin.com [email protected] +91-9595889988

    8.76%

    7.33%

    3.39%2.79% 2.70%

    0.00%

    2.00%

    4.00%

    6.00%

    8.00%

    10.00%

    ADANIENT ADANIPORTS PEL BAJAJ AUTO HINDUNILVR

    TOP GAINERS

    4.35% 4.29%

    3.88%3.78%

    3.70%

    3.20%

    3.40%

    3.60%

    3.80%

    4.00%

    4.20%

    4.40%

    SBICARD HINDPETRO ONGC COALINDIA JSWSTEEL

    TOP LOSERS

    18th Jun 2021

    mailto:[email protected]

  • Corporate Actions

    ➢ Orchid Pharma Limited (AGM on 18th jun) ➢ Balkrishna Industries Limited (Dividend Rs 5 Per Share on 18th jun)

    FII/DII/FPI ACTION IN CAPITAL MARKET

    Category Date Buy Value Sell Value Net Value DII 17 Jun 2021 5107.52 cr 5062.28 cr 45.24 cr

    FII/FPI 17 Jun 2021 6727.57 cr 7607.30 cr -879.73 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.

    www.imperialfin.com [email protected] +91-9595889988

    18th Jun 2021

    mailto:[email protected]

  • JKLAKSHMI. Sector: Cement.

    Important Parameter

    MARKET CAP PE EPS BOOK VALUE DEBT ROE ROCE 6,939 CR 19.07 30.92 176.67 1466.72 CR 14.56 % 15.97 %

    FUNDAMENTALS.

    ➢ The company has shown a good profit growth of 42.09% for the Past 3 years. ➢ Company’s PEG ratio is 0.10. ➢ The company has an efficient Cash Conversion Cycle of -8.89 days. ➢ The company has a good cash flow management; CFO/PAT stands at 4.95. ➢ The company has a strong degree of Operating leverage, Average Operating leverage stands at 6.01.

    Stock Entry price Positional target

    JKLAKSHMI 565 700

    18th Jun 2021

    www.imperialfin.com [email protected] +91-9595889988

    mailto:[email protected]

  • ASHOKLEY. Sector: Automobiles.

    Important Parameter

    MARKET CAP ROE DIV. YEILD P/B BOOK VALUE CASH ROCE 34,404.38 CR 3.08 % 0.41 5.12 22.89 1322.47 CR 4.83 %

    FUNDAMENTALS.

    ➢ Company’s PEG ratio is 0.64.

    ➢ The company has an efficient Cash Conversion Cycle of -15.32 days.

    ➢ FII.FPI or Institutions increasing their shareholding

    Stock Entry price Positional target

    ASHOKLEY 115 140

    www.imperialfin.com [email protected] +91-9595889988

    18th Jun 2021

    mailto:[email protected]

  • 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

    www.imperialfin.com [email protected] +91-9595889988

    18th Jun 2021

    https://www.imperialfin.com/mailto:[email protected]