MARKET OUTLOOK REPORT Figure. Nifty50 Intraday chart Index Previous close Open High Low Close Change % Nifty 50 14910.45 14946.55 14956.55 14696.05 14721.30 1.27% Sensex 50363.96 50436.02 50561.12 49718.65 49801.62 1.12% Nifty opened positive gap up today at 14946.55 on 17 th March 2021, Index was very volatile whole day, and after made a day High of 14956.55 nifty made a day low of 14696.05 in second half session, Index closed at very important level at 14721.3 with a big profit booking. Resistance for nifty is 15000 (closing basis). And support is 14700. Nifty may volatile for few days. www.imperialfin.com [email protected] +91-9595889988 17 th March 2021
Stock Market Outlook Report by Imperial Money Pvt. Ltd.
Mar 17, 2021
Nifty opened a positive gap up today at 14946.55 on 17th March 2021, Index was the very volatile the whole day, and after making a day High of 14956.55 nifty made a day low of 14696.05 in the second half session, Index closed at the very important level at 14721.3 with a big profit booking. Resistance for nifty is 15000 (closing basis). And support is 14700. Nifty may volatile for few days.
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MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 14910.45 14946.55 14956.55 14696.05 14721.30 1.27%
Sensex 50363.96 50436.02 50561.12 49718.65 49801.62 1.12%
Nifty opened positive gap up today at 14946.55 on 17th March 2021, Index was very volatile whole day, and after made a day High of 14956.55 nifty made a day low of 14696.05 in second half session, Index closed at very important level at 14721.3 with a big profit booking. Resistance for nifty is 15000 (closing basis). And support is 14700. Nifty may volatile for few days.
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17th March 2021
Sectorial Performance
0.47%
0.68%
1.88%
1.17%
1.65%
1.85%
2.98%
2.96%
2.46%
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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17th March 2021
Top Trending News
INDIA HAS NO SIGNAL OF CONCERN ABOUT ASTRAZENECA COVID-19 VACCINE - INDIA HEALTH OFFICIAL
ASTRAZENECA PHARMA: INDIA HAS NO SIGNAL OF CONCERN ABOUT ASTRAZENECA COVID-19 VACCINE - INDIA HEALTH OFFICIAL
WONDERLA HOLIDAYS: CO TO TEMPORARILY SUSPEND SERVICES OF FOOD TAKEAWAY, HOME DELIVERY INITIATIVE
INDIAN OIL: CO CHAIR SAYS IOC PHINERGY WILL MAKE ALUMINIUM-AIR TECHNOLOGY SYSTEM IN INDIA
BHEL: CO EMERGED LOWEST BIDDER FOR FLEET MODE TENDER FLOATED BY NUCLEAR POWER CORPORATION OF INDIA
DLF: CO TO ISSUE DEBENTURES WORTH RUPEES 5B
GATI LTD: CO-KWE PLANS TO INVEST RS 100 CRORE IN INFRASTRUCTURE AND TECHNOLOGY DEVELOPMENT NEXT FISCAL AS IT AIMS TO CLOCK 30 PER CENT YEAR-ON-YEAR GROWTH BY FY22 - PTI
TATA MOTORS: JLR EUROPE FEB SALES 5430 UNITS VS 7805 UNITS (YOY)
SUBEX: CO AND SKYLAB TEAM UP TO SECURE THE SHIPPING INDUSTRY PARTNERSHIP DELIVERS SUCCESSFUL IOT AND OT SECURITY DEPLOYMENTS TO SECURE THE ECOSYSTEM
ABB POWER: HITACHI ABB POWER GRIDS WINS RUPEES 1.24B ORDER FROM BALCO TO STRENGTHEN ITS POWER INFRASTRUCTURE
BHARAT FORGE: CO JV KALYANI RAFAEL HAS EMERGED AMONG LOWEST BIDDERS TO INTEGRATE THE MISSILE SUB-PARTS PROGRAM INVITED BY THE DEFENCE RESEARCH AND DEVELOPMENT ORGANISATION
17th March 2021
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Stocks in Action
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1.32%
0.80%0.69%
0.44%0.22%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
1.40%
ITC INDIGO GICRE MUTHOORFIN INFY
TOP GAINERS
2.45%
1.42% 1.39%1.21% 1.06%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
PNB ICICIBANK SBIN DMART ALKEM
TOP LOSERS
17th March 2021
Corporate Actions
Kirloskar Oil Engines Limited (Interim Dividend Rs 1.50 Per Share 17th March)
Engineers India Limited (Interim Dividend Rs 1.40 Per Share 18th March)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value DII 16 Mar 2021 4518.78 cr 5687.37 cr -1168.59 cr
FII/FPI 16 Mar 2021 7819.91 cr 6127.6 cr 1692.31 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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17th March 2021
Top Picks for Tomorrow
RAMCOSYSTEM LTD. Sector: IT.
Important Parameters:
MARKET CAP BOOK VALUE EPS PE PROFIT GROWTH ROE ROCE 1833.08 CR. 276.21 6.52 91.52 8.14 % 3.15 % 8.00 %
FUNDAMENTALS
The Company is trading at a PE of 8.89.
The company has effective cash conversion ratio of 422.80.
Company has sound operating leverage of 91.34 times.
The Company has healthy Operating Margin of 34.79%.
Stock Entry price Positional
target
RAMCOSYS
600
700
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17th March 2021
INFOSYS Ltd. Sector: IT.
Important Parameter
MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH ROE ROCE 591038.87 CR 33.47 41.44 8.13 % 19.66 % 24.98 CR 32.96 CR
FUNDAMENTALS.
The Company is Virtually Debt Free.
The company has effective cash conversion ratio of 100.19
TECHNICALS
Stock made a CUP Chart Pattern A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
Stock Entry price Positional target
INFY 1395 1500
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17th March 2021
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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17th March 2021
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