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Stock Market Outlook Report 8-6-21

by Imperial Money

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Stock Market Outlook Report 8-6-21

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  1. 8th Jun 2021 MARKET OUTLOOK REPORT Index Open High Low Close Change % Previous close Nifty 50 15751.65 15773.90 15778.80 15680.00 15740.10 0.073% Sensex 52328.51 52428.72 52432.43 52135.04 42275.57 0.10% Nifty opened positive gap up today at 15773.90 on 8th Jun 2021, index was very volatile whole day and after made a day low of 15680 nifty made a record high of 15778.80 and closed at very important level 15740.10. 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

  2. 8th Jun 2021 Sectorial Performance SECTORS CHANGE % 1.06% NIFTYMETAL 0.85% NIFTYREALTY 0.85% NIFTYMEDIA 0.62% NIFTYAUTO 1.01% NIFTYBANK 0.76% NIFTYFINSERVICE 0.86% NIFTYPHARMA 1.20% NIFTYIT 0.84% 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

  3. 8th Jun 2021 Top Trending News ➢Punjab National Bank The RBI imposed a penalty of Rs 2 crores on PNB for non-compliance with the directions on identification and reporting of frauds, and inaccurate data reporting on CRILIC platform, for the years 2017-18 and 2018-19. ➢Larsen & Toubro L&T has bagged multiple projects in recent days. The water and effluent treatment business got a deal in Karnataka, the heavy civil infrastructure business will be doing a project for BARC and the building and factories business has got multiple sports infra projects in Orissa. ➢ICICI Prudential Life Insurance Company The company declared its highest-ever annual bonus of Rs 867 crores for the policyholders for FY21. ➢Jindal Steel and Power The company‘s steel production during April-May was 31% to 13.71 lakh tonnes. Sales up 7% to 10.58 lakh. Exports accounted for 28% of total sales volume. ➢Central Bank of India The bank reported a net loss of Rs 1,349.2 crores against a loss of Rs 1,529.1 crores. Net interest income fell 21.3% to Rs 1,516.4 crores. The government may sell its stake in the bank along with Indian Overseas Bank this year, according to media reports. www.imperialfin.com wecare@imperialfin.com +91-9595889988

  4. Stocks in Action TOP GAINERS 8th Jun 2021 12.00% 10.00% 10.50% 8.00% 6.00% 4.00% 3.44% 2.00% 2.86% 2.47% 2.26% 0.00% PEL BIOCON LTI UBL TECHM TOP LOSERS 2.50% 2.25% 2.00% 1.99% 1.84% 1.78% 1.50% 1.56% 1.00% 0.50% 0.00% NMDC YESBANK HINDALCO VEDL TATASTEEL www.imperialfin.com wecare@imperialfin.com +91-9595889988

  5. 8th 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 5644.06 cr 6811.49 cr Sell Value 4660.09 cr 6997.97 cr Net Value 983.97 cr -186.46 cr 7 Jun 2021 7 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

  6. 8th Jun 2021 RAIN. Sector: Petrochemicals. Stock Positional target Entry price RAIN 185 250 Important Parameter MARKET CAP 6,007.13 CR PE EPS 0.86 BOOK VALUE 27.09 DEBT ROE 2.99 % ROCE 3.83 % 217.64 277.11 CR FUNDAMENTALS. ➢The company has an efficient Cash Conversion Cycle of 32.22 days. ➢Company with zero Promoter pledge. ➢Book value per share improving for last 2 years. ➢Company with high TTM EPS Growth. www.imperialfin.com wecare@imperialfin.com +91-9595889988

  7. 8th Jun 2021 SCI. Sector: Shipping. Stock Positional target Entry price SCI 114 150 Important Parameter MARKET CAP 5,433.55 CR ROE 4.23 % DEBT EPS 13.27 PROFIT GROWTH 347.85 % CASH ROCE 5.88 % 0 CR 937.77 CR FUNDAMENTALS. ➢The Company has been maintaining an effective average operating margins of 23.77% in the last 5 years. ➢Company’s PEG ratio is 0.02. ➢The company has an efficient Cash Conversion Cycle of -47.12 days. ➢The company has a good cash flow management; CFO/PAT stands at 3.02. ➢The company has a high promoter holding of 63.75%. www.imperialfin.com wecare@imperialfin.com +91-9595889988

  8. 8th 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

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