80 likes | 84 Views
By Imperial Money Pvt. Ltd.
E N D
7th Jun 2021 MARKET OUTLOOK REPORT Index Open High Low Close Change % Previous close Nifty 50 15670.25 15725.10 15773.45 15678.10 15751.65 0.52% Sensex 52100.05 52231.38 52378.69 52054.76 52328.51 0.44% Nifty opened positive gap up today at 15725.10 on 7th Jun 2021, index was very Bullish whole day and after made a day low of 15678.10 nifty made a record high of 15773.45 and closed at very important level 15751.65. Resistance for nifty is 16000 and support is 15400 (Closing Basis). Index may test 16200 in coming days. Figure. Nifty50 Intraday chart www.imperialfin.com wecare@imperialfin.com +91-9595889988
7th Jun 2021 Sectorial Performance SECTORS CHANGE % 0.44% NIFTYMETAL 0.28% NIFTYREALTY 1.16% NIFTYMEDIA 0.66% NIFTYAUTO 0.43% NIFTYBANK 0.25% NIFTYFINSERVICE 0.23% NIFTYPHARMA 1.11% NIFTYIT 0.68% NIFTYFMCG 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% www.imperialfin.com wecare@imperialfin.com +91-9595889988
7th Jun 2021 Top Trending News ➢INDUSLNDBANK BofA Securities bought 36.18 lakh shares of IndusInd Bank for Rs 364 crores through a market transaction. The shares were sold by UBS Principal Capital Asia Ltd. ➢PNB PNB‘s standalone profit was at Rs 586.33 crores in Q4FY21 against a profit of Rs 506.03 crores in Q3FY21. Net interest income fell to Rs 6,937.55 crores from Rs 8,312.98 crores during the same time frame. ➢POWERGRID Power Grid acquired Fatehgarh Bhadla Transco (FBTL) and Sikar New Transmission Ltd (SNTL). FBTL and SNTL are the project special purpose vehicles (SPVs) to establish a transmission system that will evacuate of power from solar energy zones in Rajasthan. This will be done on a build, own, operate and maintain (BOOM) basis. Acquisition won in a bidding process conducted by REC Power Distribution Company. ➢INDIGO IndiGo‘s net loss widened to Rs 1,147 crores in the January-March quarter from Rs 871 crores a year earlier. ➢DHFL DHFL‘s consolidated net profit at Rs 96.75 crores during Q4FY21 vs a net loss of Rs 7,507.01 crores in the January-March quarter. ➢DRREDDY Manipal Hospitals collaborated with Dr Reddy’s Laboratories to add the Sputnik V COVID-19 vaccine to its existing vaccine. www.imperialfin.com wecare@imperialfin.com +91-9595889988
Stocks in Action TOP GAINERS 7th Jun 2021 10.00% 9.45% 8.00% 6.00% 5.37% 4.00% 4.47% 4.16% 3.92% 2.00% 0.00% YESBANK ADANIPORTS POWERGRID NTPC GAIL TOP LOSERS 6.00% 5.65% 5.00% 4.00% 4.51% 4.40% 3.00% 2.97% 2.69% 2.00% 1.00% 0.00% NMDC ADANIENT BAJFINANCE MRF BAJAJFINSV www.imperialfin.com wecare@imperialfin.com +91-9595889988
7th Jun 2021 Corporate Actions ➢Rallis India Limited (AGM/Dividend Rs 3 Per Share on 9th jun) ➢Huhtamaki India Limited (AGM/Dividend Rs 3 Per Share on 9th jun) FII/DII/FPI ACTION IN CAPITAL MARKET Category DII FII/FPI Date Buy Value 3883.29 cr 7683.55 cr Sell Value 5058.3 cr 6184.18 cr Net Value -1175.01 cr 1499.37 cr 4 Jun 2021 4 Jun 2021 ➢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 wecare@imperialfin.com +91-9595889988
7th Jun 2021 RALLIS. Sector: Agro Chemical. Stock Positional target Entry price RALLIS 325 400 Important Parameter MARKET CAP PE EPS BOOK VALUE PROFIT GROWTH% 23.29 ROE ROCE 6,223.98 CR 27.92 11.75 81.84 15.24 % 19.97 % FUNDAMENTALS. ➢The company has shown a good profit growth of 17.35% for the Past 3 years. ➢The company has shown a good revenue growth of 17.48% for the Past 3 years. ➢The company has significantly decreased its debt by 23.68 Cr. ➢Company is virtually debt free. ➢Company has a healthy Interest coverage ratio of 45.84. www.imperialfin.com wecare@imperialfin.com +91-9595889988
7th Jun 2021 COCHINSHIP. Sector: Ship Building. Stock Positional target Entry price COCHINSHIP 395 500 Important Parameter MARKET CAP 5,078.12 CR ROE 18.05 % DEBT 123 CR EPS 39.48 PROFIT GROWTH 32.53 % CASH ROCE 24.98 % 2175.92 CR FUNDAMENTALS. ➢The company has shown a good profit growth of 25.64% for the Past 3 years. ➢The company has shown a good revenue growth of 18.46% for the Past 3 years. ➢Company has been maintaining healthy ROCE of 23.24% over the past 3 years. ➢Company is virtually debt free. ➢Company has a healthy Interest coverage ratio of 18.42. www.imperialfin.com wecare@imperialfin.com +91-9595889988
7th Jun 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 www.imperialfin.com wecare@imperialfin.com +91-9595889988