Daily Stock Market Outlook Report by Imperial Money Pvt. Ltd. of 24th March, 2022. Download Free Report Now!!! Nifty opened with negative gap down today at 17,094.95 on 24th Mar 2022, index was very volatile and made a day low of 17,091.15 and closed negative at very important level 17,222.75. Resistance for nifty is 17,500 and support is 16,800 (Closing Basis). Nifty may test 17800 in coming days.

1. MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 17,245.65 17,094.95 17,291.75 17,091.15 17,222.75 0.13%
Sensex 57,684.82 57,190.05 57,827.99 57,138.51 57,595.68 0.15%
Nifty opened with negative
gap down today at
17,094.95 on 24th
Mar 2022,
index was very volatile and
made a day low of
17,091.15 and closed
negative at very important
level 17,222.75. Resistance
for nifty is 17,500 and
support is 16,800 (Closing
Basis). Nifty may test 17800
in coming days.
www.imperialfin.com wecare@imperialfin.com +91-9595889988
24th
MAR 2022

2. Sectorial Performance
0.02%
1.20%
1.14%
1.56%
1.72%
0.49%
0.59%
0.50%
1.54%
NIFTYFMCG
NIFTYIT
NIFTYPHARMA
NIFTYFINSERVICE
NIFTYBANK
NIFTYAUTO
NIFTYMEDIA
NIFTYREALTY
NIFTYMETAL
SECTORS CHANGE %
SECTORS CHANGE %
www.imperialfin.com wecare@imperialfin.com +91-9595889988
24th
MAR 2022

3. Top Trending News
 G R INFRA:
CO GOT LOA FOR NEW NHAI PROJECT IN MADHYA PRADESH || BID COST 907 CR RUPEES
 TEJAS NETWORKS:
INDIVIDUAL INVESTOR BOUGHT 93000 SHARES VIA OPEN MARKET
 HAL:
MOD APPROVES 107 MAJOR LINE REPLACEMENT UNITS/SUB-SYSTEMS FOR INDIGENISATION - PIB
 ZEEL:
CO SAYS THAT THEY WELCOMES THE DECISION BY INVESCO DEVELOPING MARKETS FUND AND OFI GLOBAL
CHINA FUND LLC
 LUPIN:
CO RECEIVES APPROVAL FROM U.S. FDA FOR SILDENAFIL FOR ORAL SUSPENSION || US SALES 66M USD
 ASHOK LEYLAND:
CO PROMOTER CREATED PLEDGE OF 65L SHARES OR 0.23% ON MARCH.11
24th
MAR 2022
www.imperialfin.com wecare@imperialfin.com +91-9595889988

4. 3.39%
3.14%
2.66% 2.47% 2.29%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
HINDPETRO KOTAKBANK TITAN HDFCBANK SBICARD
TOP LOSERS
4.87%
4.14% 3.97% 3.79%
2.44%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
DRREDDY AUROPHARMA NMDC LUPIN GAIL
TOP GAINERS
Stocks in Action
www.imperialfin.com wecare@imperialfin.com +91-9595889988
24th
MAR 2022

5. Corporate Actions
 Rail Vikas Nigam Limited (Interim Dividend Rs. 1.58 per share on 24th
March)
 Bharat Electronics Limited (Interim Dividend, on 24th
March)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 23 Mar 2021 4653.22 cr 4947.45 cr -294.23 cr
FII/FPI 23 Mar 2021 10223.97 cr 9742.64 cr 481.33 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.
24th
MAR 2022
www.imperialfin.com wecare@imperialfin.com +91-9595889988

6. BSOFT. Sector: IT.
Important Parameter
MARKET CAP P/B EPS BOOK VALUE PE ROE ROCE
13,413.02 CR 8.71 9.87 55.08 48.6 14.86% 22.84%
FUNDAMENTALS.
 The Company is Virtually Debt Free.
 PEG ratio is 1.31%.
 The company has effective cash conversion ratio of 286.28.
Stock Entry price Positional
target
BSOFT 475 600
www.imperialfin.com wecare@imperialfin.com +91-9595889988
24th
MAR 2022

7. 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
24th
MAR 2022