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MARKET OUTLOOK REPORT Figure. Nifty50 Intraday chart Index Previous close Open High Low Close Change % Nifty 50 13392.95 13458.10 13548.90 13449.60 13529.10 +1.02% Sensex 45608.51 45891.04 46164.10 45792.01 46103.50 +1.09% Nifty Bank 30261.90 30335.05 30807.25 30326.70 30709.40 +1.48% Nifty opened with Positive gap up today at 13458.10 on 9 th December 2020, Index made a new all-time high of 13548.90, we seen a strong bull run after mid-market session. Nifty closed with a strong bull movement at 13529.10, index played in uncharted directory and the data is very bullish for next trading session. 13550 is a resistance and 13450 is a good support for Nifty. www.imperialfin.com [email protected] +91-9595889988 09 th December 2020
8

Market Outlook Report by Imperial Finsol Pvt. Ltd.

Dec 09, 2020

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Nifty opened with a positive gap up today at 13458.10 on 9th December 2020, Index made a new all-time high of 13548.90, we have seen a strong bull run after the mid-market session. Nifty closed with a strong bull movement at 13529.10, index played in the uncharted directory and the data is very bullish for the next trading session. 13550 is resistance and 13450 is good support for Nifty.
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Page 1: Market Outlook Report by Imperial Finsol Pvt. Ltd.

MARKET OUTLOOK REPORT

Figure. Nifty50 Intraday chart

Index Previous close Open High Low Close Change %

Nifty 50 13392.95 13458.10 13548.90 13449.60 13529.10 +1.02%

Sensex 45608.51 45891.04 46164.10 45792.01 46103.50 +1.09%

Nifty Bank 30261.90 30335.05 30807.25 30326.70 30709.40 +1.48%

Nifty opened with Positive gap up today at 13458.10 on 9th December 2020, Index made a new all-time high of 13548.90, we seen a strong bull run after mid-market session. Nifty closed with a strong bull movement at 13529.10, index played in uncharted directory and the data is very bullish for next trading session. 13550 is a resistance and 13450 is a good support for Nifty.

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

09th December 2020

Page 2: Market Outlook Report by Imperial Finsol Pvt. Ltd.

Sectorial Performance

0.05%

1.48%

1.18%

0.84%

0.82%

3.77%

0.53%

0.29%

1.47%

0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00%

AUTO (9,293.30)

BANK (30,709.40)

FINANCIAL SERVICE (14,554.30)

FMCG (33,125.50)

IT (22,803.45)

MEDIA (1,673.35)

METAL (3,105.90)

PHARMA (12,443.90)

REALTY (289.00)

SECTORS CHANGE %

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09th December 2020

Page 3: Market Outlook Report by Imperial Finsol Pvt. Ltd.

Top Trending News

PFIZER: NATIONAL MEDICAL DIRECTOR FOR ENGLAND'S NHS SAYS TWO PEOPLE WITH A HISTORY OF SIGNIFICANT ALLERGIC REACTIONS RESPONDED ADVERSELY TO PFIZER VACCINE, BOTH ARE RECOVERING WELL

RELIGARE ENTERPRISES: CO IN DISCUSSION WITH PROSPECTIVE INVESTORS FOR DIVESTMENT OF RELIGARE FINVEST || NO BINDING AGREEMENT SIGNED BY CO WITH ANY PROSPECTIVE INVESTORS

BREXIT - THE EU AND UK HAVE AGREED A TRUSTED TRADER SCHEME THAT WOULD MEAN EXEMPTIONS FROM TARIFFS FOR UP TO 98% OF GOODS FLOWING BETWEEN GREAT BRITAIN AND NORTHERN IRELAND FROM JANUARY 1 - RTE

ICICI SECURITIES: CO SAYS OFS FOR NON-RETAIL INVESTORS GETS 4.4 TIMES THE DEMAND THE SHARES ON OFFER

RBI: SAYS RTGS 24X7X365 WILL BE LAUNCHED ON DEC 14, 2020

M&M: CO HAS SUBSCRIBED TO 1,050 SHARES OF SAMPO ROSENLEW OY, FINLAND, UNIT OF CO || VOTING RIGHTS OF CO IN SAMPO WOULD INCREASE FROM 74.97% TO UPTO 79.13%

MAX FINANCIAL SERVICES: MITSUI SUMITOMO INSURANCE BUYS 21.87% STAKE IN CO VIA PREFERENTIAL ALLOTMENT

PFIZER: U.K. HEALTH REGULATORS SAYS PEOPLE WITH A HISTORY OF SIGNIFICANT ALLERGIC REACTIONS SHOULD NOT TAKE PFIZER VACCINE AT THE CURRENT TIME

SEAMEC: CO GETS CONTRACT FROM ONGC FOR INSPECTION OF 3 OFFSHORE PLATFORMS

09th December 2020

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Page 4: Market Outlook Report by Imperial Finsol Pvt. Ltd.

Stocks in Action

09th December 2020

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4.19%

3.42% 3.19%2.76% 2.71%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

UPL ASIANPAINT IOC DLF KOTAKBANK

TOP GAINERS

2.96%2.60%

1.91%1.66% 1.65%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

PNB ADANIGREEN HINDALCO ACC AMBUJACEM

TOP LOSERS

Page 5: Market Outlook Report by Imperial Finsol Pvt. Ltd.

Corporate Actions

EXCEL Excel Realty N Infra Limited (AGM Annual General Meeting 09th December)

RELIGARE Enterprises Limited (AGM Annual General Meeting 09th December)

FII/DII/FPI ACTION IN CAPITAL MARKET

Category Date Buy Value Sell Value Net Value

DII 8 Dec 2020 3912.38 cr 6553.31 cr -2640.93 cr FII/FPI 8 Dec 2020 8473.34 cr 5563.74 cr 2909.60 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.

09th December 2020

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Page 6: Market Outlook Report by Imperial Finsol Pvt. Ltd.

Top Picks for Tomorrow

Firstsource Solutions Ltd. Sector: BPO/IT.

Important Parameters:

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 5312.70 CR. 21.41 3.57 22.37% 19.37% 6.30 CR. 46.09 CR.

FUNDAMENTALS

The company has significantly decreased its debt by 4.71 Cr.

Company is virtually debt free.

Company has a healthy Interest coverage ratio of 14.52.

The Company has been maintaining an effective average operating margins of 25.33% in the last 5 years.

Company has a healthy liquidity position with current ratio of 4.20.

Stock Current market price

Positional

target

FSL

76

85

09th December 2020

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Page 7: Market Outlook Report by Imperial Finsol Pvt. Ltd.

ASHOKA BUILDCON LTD. Sector: Engineering construction.

Important Parameter

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 2678.10 CR 6.32 15.09 3.06 % 9.83 % 433.45 CR 291.11 CR

FUNDAMENTALS.

The company has shown a good profit growth of 30.03% for the Past 3 years.

The company has shown a good revenue growth of 25.20% for the Past 3 years.

The company has significantly decreased its debt by 354.86 Cr.

Company’s PEG ratio is 0.18.

The company has an efficient Cash Conversion Cycle of 50.36 days.

Stock Current

market price

Positional target

ASHOKA 95 110

09th December 2020

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Page 8: Market Outlook Report 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

09th December 2020

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