Stock Market Outlook Report by Imperial Money Pvt. Ltd.

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MARKET OUTLOOK REPORT Figure. Nifty50 Intraday chart Index Previous close Open High Low Close Change % Nifty 50 14814.75 14712.45 14752.35 14535.00 14549.40 1.79% Sensex 50051.44 49786.47 49854.58 49120.34 49180.31 1.74% Nifty opened negative gap down today at 14712.45 on 24 th March 2021, Index was very volatile whole day, and made a day low of 14535 nifty gave a sharp sell fall when market going to close and closed at very important level 14549.40. Resistance for nifty is 15000 (closing basis). And support is 14600. Nifty may volatile for few days. www.imperialfin.com [email protected] +91-9595889988 24 th March 2021

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Nifty opened negative gap down today at 14712.45 on 24th March 2021, Index was a very volatile whole day and made a day low of 14535 nifty gave a sharp sell fall when market going to close and closed at very important level 14549.40. Resistance for nifty is 15000 (closing basis). And support is 14600. Nifty may volatile for few days.

Transcript of Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Page 1: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

MARKET OUTLOOK REPORT

Figure. Nifty50 Intraday chart

Index Previous close Open High Low Close Change %

Nifty 50 14814.75 14712.45 14752.35 14535.00 14549.40 1.79%

Sensex 50051.44 49786.47 49854.58 49120.34 49180.31 1.74%

Nifty opened negative gap down today at 14712.45 on 24th March 2021, Index was very volatile whole day, and made a day low of 14535 nifty gave a sharp sell fall when market going to close and closed at very important level 14549.40. Resistance for nifty is 15000 (closing basis). And support is 14600. Nifty may volatile for few days.

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24th March 2021

Page 2: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Sectorial Performance

1.41%

1.16%

0.08%

2.13%

2.16%

2.58%

2.48%

2.94%

3.24%

0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50%

NIFTYFMCG

NIFTYIT

NIFTYPHARMA

NIFTYFINSERVICE

NIFTYBANK

NIFTYAUTO

NIFTYMEDIA

NIFTYREALTY

NIFTYMETAL

SECTORS CHANGE %

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24rh March 2021

Page 3: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Top Trending News

OIL INDIA: CO SAYS MOZAMBIQUE OFFSHORE AREA 1 CONFIRMS MOZAMBIQUE LNG PROJECT FINANCING

IRCON INTERNATIONAL: CO IS IN TALKS WITH MALAYSIA TO EXECUTE A $1-BILLION RAILWAY PROJECT

EMAMI: CO HAS SUBSCRIBED TO 5,00,000 FULLY PAID-UP COMPULSORILY CONVERTIBLE PREFERENCE SHARES (CCPS), HAVING A FACE VALUE OF RUPEES 10 EACH, OF BRILLARE SCIENCE PRIVATE LIMITED

ESCORTS: CO SHALL BE INCREASING THE PRICES OF ITS TRACTORS EFFECTIVE 1ST APRIL 2021

RAMCO CEMENT: BOARD MEET AT 24TH MAY TO CONSIDER MARCH QUARTER RESULT AND ANNUAL RESULT

TATA POWER: CO APPROVED ISSUANCE OF NCDS WORTH RUPEES 5B

INFIBEAM AVENUE: CO APPROVED ALLOTMENT OF BONUS SHARE IN RATIO 1:1

ADANI ENTERPRISE: CLARIFICATION ON ADANI WILMAR IPO NEWS II CO REGULARLY EVALUATES ALL OPPORTUNITIES

CADILA HEALTHCARE: CO TO PRICE REMDESIVIR AT 899 RUPEES FOR 100 MG INJECTION

ADANI ENTERPRISES: CO WINS AN ORDER FROM NHAI WORTH 10.4B RUPEES

THOMAS COOK INDIA: CO & SOTC PRESENT THE PERFECT OPPORTUNITY TO BOOK A HOLIDAY IN 2021 LAUNCH EXCLUSIVE OFFERS IN ASSOCIATION WITH GOAIR

24th March 2021

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Stocks in Action

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2.17%2.01%

1.38%1.15%

0.94%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

CIPLA ADANITRANS ASIANPAINTS AUROPHARMA POWERGRID

TOP GAINERS

5.17%4.70% 4.63% 4.52% 4.29%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

TATASTEEL MOTHERSUMI DLF PNB ADANIPORTS

TOP LOSERS

24th March 2021

Page 5: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Corporate Actions

Housing & Urban Development Comp. Limited (Interim Dividend Rs 0.75 Per Share 25th March)

Bharat Petroleum Corporation Limited (Interim Dividend Rs 5 Per Share 25th March)

FII/DII/FPI ACTION IN CAPITAL MARKET

Category Date Buy Value Sell Value Net Value DII 23 Mar 2021 4882.49 cr 5412.18 cr -529.69 cr

FII/FPI 23 Mar 2021 7811.31 cr 7919.55 cr -108.24 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: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Top Picks for Tomorrow

DALBHARAT. Sector: Cement.

Important Parameters:

MARKET CAP BOOK VALUE EPS PE PROFIT GROWTH ROE ROCE 29120.47 CR. 387.21 CR 4.92 316.53 89.40 % 1.78 % 2.06 %

FUNDAMENTALS

The company has shown a good profit growth of 50% for the Past 3 years.

The company has significantly decreased its debt by 2 Cr.

Company is virtually debt free.

The company has an efficient Cash Conversion Cycle of 62.34 days.

Company has a healthy liquidity position with current ratio of 20.97.

The company has a high promoter holding of 56.07%

Stock Entry price Positional

target

DALBHARAT

1620

1800

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Page 7: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

DCMSHRIRAM. Sector: Diversified.

Important Parameter

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH ROE ROCE 8059.10 CR 12.55 41.17 -0.16 % 9.36 % 19.42 CR 18.97 CR

FUNDAMENTALS.

Company has been maintaining healthy ROE of 23.78% over the past 3 years.

Company has been maintaining healthy ROCE of 24.62% over the past 3 years.

The company has an efficient Cash Conversion Cycle of 84.93 days.

The company has a high promoter holding of 66.53%.

The company has a strong degree of Operating leverage, Average Operating leverage stands at 35.86.

Stock Entry price Positional target

DCMSHRIRAM 518 600

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24th March 2021

Page 8: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

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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24th March 2021