MARKET OUTLOOK REPORT 25th Nov. 2020

MARKET OUTLOOK REPORT

Figure. Nifty50 Intraday chart

Index Previous close Open High Low Close Change %

Nifty 50 13055.15 13130.00 13145.85 12833.65 12858.40 -1.51%

Sensex 44523.02 44749.73 44825.37 43.757.97 43828.10 -1.56%

Nifty Bank 29737.25 30021.90 30197.85 29132.30 29196.40 -1.82%

THE day is historical for Nifty, opened Positive gap up at 13130 on 25th November 2020, and nifty strongly made all-time high of 13145.85 after making new all-time high Profit booking seen at higher levels and this profit booking continue hole day, after made a day low of 12833.65 nifty closed at 12858.40.

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25th November 2020

Index Movers

Today All sectors of NSE Closed Negative

25th November 2020


Top Trending News ROUTE MOBILE: BSNL SELECTS CO FOR THE DEPLOYMENT OF SMS FIREWALL TO IDENTIFY AND MONETISE THEIR

INTERNATIONAL A2P SMS TRAFFIC

GOA CARBON: CO SAYS OPS AT BILASPUR UNIT HAVE RESUMED, NORMAL PRODUCTION TO RESUME SHORTLY

GOVT SOURCES: GST COLLECTIONS LIKELY TO CROSS RUPEES 1.10CR FOR BIZ TRANSACTIONS IN OCT.

INDIA GOVT: IS WORKING ON RS 50,000 CR PLI SCHEME FOR AUTOS & AUTO ANCILLARIES, & IT SEEMS LIKE LOGISTICAL SUPPORT AND INCREMENTAL PRODUCTION.

LUPIN: TACROLIMUS CAPSULES USP HAD AN ANNUAL SALES OF APPROXIMATELY USD 303M IN THE U.S.

AUROBINDO PHARMA: USFDA RELEASES WARNING LETTER DETAILS FOR CO'S NEW JERSEY UNIT.

BPCL: INDIA OIL MINISTRY TO SEEK CABINET APPROVAL FOR CONTINUATION OF BPCL LPG SUBSIDY POST DISINVESTMENT.

LAKSHMIVILASBANK: UNION CABINET MEETING STARTS, CABINET LIKELY TO CONSIDER MERGER LAKSHMI VILAS BANK WITH DBSBANK.

TATA POWER: CO PLANS TO REDUCE DEBT BY RUPEES 12000CR, CO'S INVIT SEES HUGE DEMAND.

25Th November 2020


Stocks in Action

STOCK PRE.CLOSE OPEN HIGH LOW CLOSE

ONGC 76.10 77.20 81.80 77.15 80.60

BANKBARODA 46.85 47.55 50.70 47.30 48.95

PNB 30.40 30.65 32.60 30.55 31.35

BANDHANBANK 358.75 362.00 374.95 361.15 367.35

GICRE 137.05 138.35 141.45 137.45 139.50

HDFCAMC 2472.25 2480.00 2568.45 2480.00 2513.40

GAIL 100.30 101.35 103.70 100.50 102.30

ADANIPORTS 392.25 396.30 404.70 384.40 398.95

SBILIFE 838.95 846.05 864.65 844.00 850

ALKEM 2775.65 2800.00 2815.00 2781.00 2798.10

25th November 2020


Corporate Actions

STEELCITY (Interim Dividend Rs. 1 Per Share 25th November)

GOCLCORP (Interim Dividend Rs 4 Per Share 25th November)

ORIENTABRA (Dividend Rs 0.15 Per Share 25th November)

KALYANI (Extra ordinary General Meeting on 25th November)

SMARTLINK (AGM Annual General Meeting 25th November)

ORIENTABRA (Annual General Meeting AGM 25th November)

25th November 2020


Top Picks for Tomorrow

FINCABLE Sector: Cable.

Important Parameters:

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 4594.30 CR. 15.22 19.74 -6.51% 13.99% 0.38 CR. 933.88 CR.

FUNDAMENTALS

The company has significantly decreased its debt by 0.17 Cr. Company has been maintaining healthy ROCE of 22.44% over the past 3 years. Company is virtually debt free. Company has a healthy Interest coverage ratio of 324.44. Company’s PEG ratio is 0.90. The company has an efficient Cash Conversion Cycle of 72.85 days.

Stock Current market price

Positional

target

FINOLES CABLES LTD.

295 330

25th November 2020


HDFCLIFE Sector: Insurance.

Important Parameter

MARKET CAP PE EPS SALES GROWTH PROFIT GROWTH DEBT CASH 136244.32 CR 101.5 6.63 11.4% 1.45% 0 CR 679.87 CR

FUNDAMENTALS.

The company reports 6% rise in Q2 consolidated net profit. The company ties up with yes bank to sell insurance policies The company raises Rs 600cr through NCDs. The company is debt free.

TECHNICAL.

Stock ready to upside movement on charts. After a ‘V’ shape recovery on charts it made a cup with handle pattern now we have clearly seen on charts stock ready for long targets after breakout.

Stock Current

market price

Positional target

HDFC LIFE INSURANCE

662 740

25th November 2020


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

25th November 2020


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MARKET OUTLOOK REPORT 25th Nov. 2020

Data & Analytics

Transcript of MARKET OUTLOOK REPORT 25th Nov. 2020