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Stock Market Outlook Report - Imperial Money

Nifty opened positive gap up today at 15862.80 on 23rd Jun 2021, index was very bearish and made a day low of 15673.95 and closed negative at very important level 15686.95. Resistance for nifty is 16000 and support is 15400 (Closing Basis). Index may test 16200 in coming days.

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Stock Market Outlook Report - Imperial Money

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  1. 23rd Jun 2021 MARKET OUTLOOK REPORT Index Open High Low Close Change % Previous close Nifty 50 15772.76 15862.80 15862.95 15673.95 15686.95 0.54% Sensex 52588.71 52912.35 52912.35 52264.12 52306.08 0.54% Nifty opened positive gap up today at 15862.80 on 23rd Jun 2021, index was very bearish and made a day low of 15673.95 and closed negative at very important level 15686.95. Resistance for nifty is 16000 and support is 15400 (Closing Index may test 16200 in coming days. Basis). Figure. Nifty50 Intraday chart www.imperialfin.com wecare@imperialfin.com +91-9595889988

  2. 23rd Jun 2021 Sectorial Performance SECTORS CHANGE % 1.13% NIFTYMETAL 0.36% NIFTYREALTY 0.49% NIFTYMEDIA 0.46% NIFTYAUTO 0.49% NIFTYBANK 0.48% NIFTYFINSERVICE 0.55% NIFTYPHARMA 0.93% NIFTYIT 0.31% NIFTYFMCG 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% www.imperialfin.com wecare@imperialfin.com +91-9595889988

  3. 23rd Jun 2021 Top Trending News ➢Adani Ports Adani Ports has been excluded by Norway’s largest pension fund, KLP. This is due to Adani Ports’ links with the Myanmar military which breach the fund’s responsible investment policy, according to a media report. ➢PNB Housing Finance According to a few news reports, Punjab National Bank, the controlling shareholder of PNB Housing Finance may have vetoed the PNB Housing’s Rs 4,000 crore-fundraising plan from investors led by Carlyle Group. PNB may propose an alternative plan to raise capital. ➢Hero Moto Hero Moto will hike its vehicle prices by up to Rs 3,000 from July to partially offset the impact of the higher commodity prices. This is effective July 1. ➢Cement Stocks Cement prices have improved across India in June. According to a media report, all-India prices rose 4% to Rs 376 per 50 kg bag from May. Cement prices in southern India rose 11% month-on-month to Rs 415 per bag. Top cement stocks by market cap: UltraTechCement, Shree Cement, Ambuja Cements, ACC, Dalmia Bharat. ➢NMDC NMDC‘s net profit jumped to Rs 2,838 crores for the quarter ended March 31, 2021, from Rs 351 crores during the same quarter last year. www.imperialfin.com wecare@imperialfin.com +91-9595889988

  4. Stocks in Action TOP GAINERS 23rd Jun 2021 2.50% 2.30% 2.30% 2.00% 1.50% 1.56% 1.55% 1.45% 1.00% 0.50% 0.00% MARUTI PNB BAJAJHLDING SIEMENS TITAN TOP LOSERS 5.00% 4.00% 4.30% 3.61% 3.56% 3.00% 3.26% 2.95% 2.00% 1.00% 0.00% SBICARD UBL NMDC ADANIPORTS WIPRO www.imperialfin.com wecare@imperialfin.com +91-9595889988

  5. 23rd Jun 2021 Corporate Actions ➢Vinati Organics Limited (AGM/Dividend Rs 6 per share on 24th jun) ➢Torrent Power Limited (Dividend Rs 5.50 Per Share on 24th jun) FII/DII/FPI ACTION IN CAPITAL MARKET Category DII FII/FPI Date Buy Value 5099.01 cr 6488.06 cr Sell Value 4796.56 cr 7516 cr Net Value 302.45 cr -1027.94 cr 22 Jun 2021 22 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. 23rd Jun 2021 ICIL. Sector: Textile. Stock Positional target Entry price ICIL 170 250 Important Parameter MARKET CAP 3,338.03 CR PE EPS BOOK VALUE 64.56 DEBT ROE 7.64 % ROCE 7.20 % 12.83 13.18 347.85 CR FUNDAMENTALS. ➢Company’s PEG ratio is 0.52. ➢The company has a high promoter holding of 58.94%. ➢Company with low Debt www.imperialfin.com wecare@imperialfin.com +91-9595889988

  7. 23rd Jun 2021 DBL. Sector: Real Estate. Stock Positional target Entry price DBL 555 660 Important Parameter MARKET CAP 8,163.18 CR ROE 12.48 % DIV. YEILD 0.181% P/B 1.84 BOOK VALUE 302.79 CASH ROCE 17.42 % 321.92 CR FUNDAMENTALS. ➢The company has shown a good revenue growth of 20.79% for the Past 3 years. ➢Company has been maintaining healthy ROE of 22.76% over the past 3 years. ➢Company has been maintaining healthy ROCE of 20.78% over the past 3 years. ➢The company has an efficient Cash Conversion Cycle of 65.54 days. ➢The company has a good cash flow management; CFO/PAT stands at 1.72. www.imperialfin.com wecare@imperialfin.com +91-9595889988

  8. 23rd 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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