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 14864.55 14979.00 15044.35 14814.45 14894.90 0.20%

Sensex 49733.84 50093.86 50375.77 49535.98 49765.94 0.065%

Nifty opened positive gap up today on 29th Apr 2021 at 14979.00, Index was very volatile and made a day high of 15044.35 in opening session and closed at very important level 14894.90. Resistance for nifty is 14990 and support is 14500 on closing basis. Nifty may test new record high in coming days.

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29th Apr 2021

Sectorial Performance

0.35%

0.34%

0.34%

0.05%

0.02%

0.99%

0.28%

0.08%

4.53%

0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00%

NIFTYFMCG

NIFTYIT

NIFTYPHARMA

NIFTYFINSERVICE

NIFTYBANK

NIFTYAUTO

NIFTYMEDIA

NIFTYREALTY

NIFTYMETAL

SECTORS CHANGE %

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29th Apr 2021

Top Trending News

COFORGE

Coforge acquired a 60% stake in SLK Global Solutions.

Coforge is an IT solutions provider.

Asset Management Companies

Fund managers and chief executives of mutual fund companies must be paid a 1/5th of compensation in the form of units of the mutual fund schemes they manage.

Sebi introduced this rule to fund managers more accountable for their investment decisions.

Sebi also said the compensation paid as mutual fund units will be locked in for at least 3 years or the tenure of the scheme, whichever is less.

Listed AMCs: HDFC AMC, Nippon Life AMC, UTI AMC

AFFLE (India)

The board of Affle (India) approved the opening of QIP of shares from April 28.

The floor price of the QIP issue is Rs 5,422.94 per share.

INDIAMART

The company has acquired a 26% stake in software company Shipway Technology for up to Rs 18.2 crores, and an additional 3.02% stake in Truckhall for Rs 1.33 crores.

The acquisition is expected to strengthen its technology offering in logistics management.

29th Apr 2021

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Stocks in Action

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9.64%

6.55% 6.17%4.57% 4.37%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

JSWSTEEL BAJAJFINSV TATASTEEL VEDL NMDC

TOP GAINERS

2.31% 2.26%2.03% 2.03%

1.89%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

EICHERMOT HEROMOTOCO MCDOWELLN YESBANK BOSCHLTD

TOP LOSERS

29th Apr 2021

Corporate Actions

Nestle India Limited (Interim Dividend Rs 25 Per Share 29th Apr)

Nestle India Limited (AGM/Dividend Rs 65 Per Share 29th Apr)

FII/DII/FPI ACTION IN CAPITAL MARKET

Category Date Buy Value Sell Value Net Value DII 28 Apr 2021 6349.17 cr 5912.97 cr 436.2 cr

FII/FPI 28 Apr 2021 7822.55 cr 7056.53 cr 766.02 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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29th Apr 2021

Top Picks for Tomorrow

COROMANDEL. Sector: Fertilizers.

Important Parameters:

MARKET CAP BOOK VALUE EPS PE PROFIT GROWTH ROE ROCE

21608.81 CR. 177.84 47.27 15.58 8.07 % 27.17 % 25.90 %

FUNDAMENTALS

The company has shown a good profit growth of 30.48% for the Past 3 years.

The company has significantly decreased its debt by 1,329.34 Cr.

Company has been maintaining healthy ROE of 24.54% over the past 3 years.

Company has been maintaining healthy ROCE of 23.54% over the past 3 years.

Company’s PEG ratio is 0.32.

The company has an efficient Cash Conversion Cycle of 67.27 days.

Stock Entry price Positional

target

COROMANDEL

730

850

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29th Apr 2021

BAJAJHLDNG. Sector: Finance NBFC.

Important Parameter

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH ROE ROCE 39778.53 CR 31.3 114.21 116.66 % 131.78 % 16.85 CR 19.01 CR

FUNDAMENTALS.

PAT margin has surged by 5.51%.

Company has maintained a good ROA of 11.14% in last 3 years.

The company is trading at 1.87 times the book value

Operating Income has grown well for the company over past 3 years: 3 years CAGR 34.95%.

The company has delivered substantial profit growth of 50.29% over past 3 years.

Stock Entry price Positional target

BAJAJHLDNG 3540 4250

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29th Apr 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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29th Apr 2021