Daily Stock Market Outlook Report by Imperial Money Pvt. Ltd. of 21st Dec, 2021. Download Full Report Now!!! Nifty opened with positive gap up today at 16,773.15 on 21st Dec 2021, index was very volatile and made a day low of 16,688.25 and closed positive at very important level 16,770.85. Resistance for nifty is 17,800 and support is 16700 (Closing Basis). Index may test 18000 in coming days.

1. MARKET OUTLOOK REPORT
Figure. Nifty50 Intraday chart
Index Previous close Open High Low Close Change %
Nifty 50 16,614.20 16,773.15 16,936.40 16,688.25 16,770.85 0.94%
Sensex 55,822.01 56,320.02 56,900.74 56,047.22 56,319.01 0.89%
Nifty opened with positive
gap up today at 16,773.15
on 21st
Dec 2021, index
was very volatile and made
a day low of 16,688.25 and
closed positive at very
important level 16,770.85.
Resistance for nifty is
17,800 and support is
16700 (Closing Basis).
Index may test 18000 in
coming days.
www.imperialfin.com wecare@imperialfin.com +91-9595889988
21st
DEC 2021

2. Sectorial Performance
0.70%
1.98%
0.75%
0.37%
0.49%
0.76%
2.54%
1.61%
2.94%
NIFTYFMCG
NIFTYIT
NIFTYPHARMA
NIFTYFINSERVICE
NIFTYBANK
NIFTYAUTO
NIFTYMEDIA
NIFTYREALTY
NIFTYMETAL
SECTORS CHANGE %
SECTORS CHANGE %
www.imperialfin.com wecare@imperialfin.com +91-9595889988
21st
DEC 2021

3. Top Trending News
 Axis Bank
Axis Bank has emerged as the top contender to acquire Citibank India’s retail assets, according to media reports.
In April this year, Citigroup’s global CEO Jane Fraser announced the bank’s exit from consumer banking in 13 countries
including India.
 Telecom Stocks
Reliance Jio gained 17.6 lakh mobile subscribers in October 2021, taking its mobile subscriber base to 42.65 crore, as per
latest data released by TRAI.
Bharti Airtel lost 4.89 lakh mobile customers in October, and its subscriber base declined to 35.39 crore.
Vodafone Idea lost 9.64 lakh mobile subscribers and its user base dipped to 26.90 crore in October.
 IRB Infrastructure
Competition Commission of India (CCI) has approved buying of up to 16.94% equity share capital of IRB Infrastructure
Developers by Bricklayers Investment.
 Vedanta
Vedanta has acquired Nicomet, a Nickel and Cobalt producer based in Goa.
 Adani Enterprises
Adani Enterprises has received the letter of award to implement three major stretches of the greenfield Ganga Expressway.
The project cost is over Rs 17,000 crore.
21st
DEC 2021
www.imperialfin.com wecare@imperialfin.com +91-9595889988

4. 6.20%
5.12%
4.39% 4.22% 4.14%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
INDUSTOWER GODREJCP ADANITRANS VEDL PEL
TOP GAINERS
1.55% 1.50%
1.26%
0.89% 0.85%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
1.40%
1.60%
1.80%
POWERGRID BANKBARODA AXISBANK MARICO BAJFINANCE
TOP LOSERS
Stocks in Action
www.imperialfin.com wecare@imperialfin.com +91-9595889988
21st
DEC 2021

5. Corporate Actions
 TCI Finance Limited (Annual General Meeting on 21st
Dec)
 Premier Limited (Annual General Meeting on 21st
Dec)
FII/DII/FPI ACTION IN CAPITAL MARKET
Category Date Buy Value Sell Value Net Value
DII 20 Dec 2021 8746.23 cr 5982.21 cr 2764.02 cr
FII/FPI 20 Dec 2021 6744.39 cr 10309.75 cr -3565.36 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.
21st
DEC 2021
www.imperialfin.com wecare@imperialfin.com +91-9595889988

6. BPCL. Sector:Refineries.
Important Parameter
MARKET CAP P/B EPS BOOK VALUE PE ROE ROCE
79,004.18 CR 1.67 87.19 218.40 4.18 43.82% 30.63%
FUNDAMENTALS.
 The company has shown a good profit growth of 33.65% for the Past 3 years.
 The company has significantly decreased its debt by 15,469.46 Cr.
 Company has been maintaining healthy ROE of 23.87% over the past 3 years.
 Company has a healthy Interest coverage ratio of 18.03.
Stock Entry price Positional
target
BPCL 360 500
www.imperialfin.com wecare@imperialfin.com +91-9595889988
21st
DEC 2021

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
21st
DEC 2021