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Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Date post: 16-Mar-2021
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Nifty opened positive gap up today at 14996.10 on 16th March 2021, Index was the very volatile whole day, and after making a day High of 15051.60 nifty made a day low of 14890.65 in second half session, Index closed at the very important level at 14910.45 with a small upside movement. Resistance for nifty is 15250 (closing basis). And support is 14800. Nifty may volatile for few days. Join Telegram Channel: https://t.me/imperialfin
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MARKET OUTLOOK REPORT Figure. Nifty50 Intraday chart Index Previous close Open High Low Close Change % Nifty 50 14929.50 14996.10 15051.60 14890.65 14910.45 0.13% Sensex 50395.08 50608.42 50857.98 50289.44 50363.96 0.062% Nifty opened positive gap up today at 14996.10 on 16 th March 2021, Index was very volatile whole day, and after made a day High of 15051.60 nifty made a day low of 14890.65 in second half session, Index closed at very important level at 14910.45 with a small upside movement. Resistance for nifty is 15250 (closing basis). And support is 14800. Nifty may volatile for few days. www.imperialfin.com [email protected] +91-9595889988 16 th March 2021
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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 14929.50 14996.10 15051.60 14890.65 14910.45 0.13%

Sensex 50395.08 50608.42 50857.98 50289.44 50363.96 0.062%

Nifty opened positive gap up today at 14996.10 on 16th March 2021, Index was very volatile whole day, and after made a day High of 15051.60 nifty made a day low of 14890.65 in second half session, Index closed at very important level at 14910.45 with a small upside movement. Resistance for nifty is 15250 (closing basis). And support is 14800. Nifty may volatile for few days.

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

16th March 2021

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

Sectorial Performance

0.89%

1.27%

0.10%

0.82%

1.07%

0.15%

0.08%

0.56%

0.85%

0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40%

NIFTYFMCG

NIFTYIT

NIFTYPHARMA

NIFTYFINSERVICE

NIFTYBANK

NIFTYAUTO

NIFTYMEDIA

NIFTYREALTY

NIFTYMETAL

SECTORS CHANGE %

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

16th March 2021

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

Top Trending News

KESORAM INDUSTRIES: CO APPROVED ISSUANCE OF NCDS AMOUNT AGGREGATING TO 16.03B RUPEES

BHARAT FORGE: CO HAS MADE FURTHER INVESTMENT OF 40M RUPEES IN ITS ASSOCIATE COMPANY - AERON SYSTEMS PRIVATE LIMITED II CO'S STAKE IN AERON HAS BEEN INCREASED FROM 26% TO 36%

SARDA ENERGY & MINERALS LTD: CHHATTISGARH ENVIRONMENT CONSERVATION BOARD GRANTS NOD FOR CAPACITY EXPANSION AT IRON ORE PELLET PLANT

GODREJ PROPERTIES: CO APPROVES ALLOTMENT OF 25.9M SHARES TO QIBS || ISSUE PRICE OF 1450 RUPEES PER SHARE AGAINST FLOOR PRICE OF 1513.39 RUPEES

LT FOODS: PROMOTER RELEASES PLEDGE ON 1.4M SHARES (0.45% OF EQUITY) ON MARCH 12

TAMILNADU CHIEF SECRETARY RAJEEV RANJAN CALLS FOR A MEETING WITH ALL THE DISTRICT COLLECTORS TODAY AT 11 AM OVER INCREASING TREND IN FRESH COVID CASES

ASTRAZENCA PHARMA: SHARES DOWN 2.55% IN EARLY TRADE; AFTER GERMANY, ITALY, FRANCE STOP ASTRAZENECA VACCINE

AU SMALL FINANCE BANK: SHARES UP 3.85% IN EARLY TRADE; CO SETS QIP ISSUE PRICE OF RUPEES 1,251/SHARE

AARTI DRUGS: BOARD MEETING ON MAR. 19, CO TO CONSIDER BUYBACK OF EQUITY SHARES

GODREJ PROPERTIES: CO APPROVED QIP ISSUE PRICE OF RUPEES 1,450/SHARE

16th March 2021

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Page 4: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Stocks in Action

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

7.89%

4.82%

3.42% 3.00% 2.47%0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

GICRE ASIANPAINT OFSS INDUSTOWER DRREDDY

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

16th March 2021

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

Corporate Actions

Kirloskar Oil Engines Limited (Interim Dividend Rs 1.50 Per Share 17th March)

Mold-Tek Technologies Limited (Interim Dividend Rs 0.60 Per Share 16th March)

FII/DII/FPI ACTION IN CAPITAL MARKET

Category Date Buy Value Sell Value Net Value DII 15 Mar 2021 4036.19 cr 4785.90 cr -749.71 cr

FII/FPI 15 Mar 2021 6658.82 cr 7760.17 cr -1101.35 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

16th March 2021

Page 6: Stock Market Outlook Report by Imperial Money Pvt. Ltd.

Top Picks for Tomorrow

IFGL Refractories LTD. Sector: Refractories.

Important Parameters:

MARKET CAP BOOK VALUE EPS PE PROFIT GROWTH ROE ROCE 1035.05 CR. 151.25 17.21 16.69 5.96 % 5.83 % 7.14 %

FUNDAMENTALS

The company has shown a good profit growth of 17.86% for the Past 3 years.

The company has significantly decreased its debt by 35.56 Cr.

Company is virtually debt free.

Company has a healthy Interest coverage ratio of 9.60.

Company has a healthy liquidity position with current ratio of 2.72.

The company has a good cash flow management; CFO/PAT stands at 1.84

Stock Entry price Positional

target

IFGLEXPOR

278

370

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16th March 2021

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

MCX Ltd. Sector: Finance Stock Broking.

Important Parameter

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH ROE ROCE 8139.85 CR 37.85 42.17 24.16 % 52.76 % 13.87 CR 15.87 CR

FUNDAMENTALS.

PAT margin has surged by 10.54%.

Company has maintained a good ROA of 5.98% in last 3 years.

Operating Income has grown well for the company over past 3 years: 3 years CAGR 12.61%.

The company has delivered substantial profit growth of 18.20% over past 3 years.

Stock Entry price Positional target

MCX 1570 1800

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

16th 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

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

16th March 2021


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