Pre-market analysis

1)Nifty closed at 9881.15 down 0.33% and banknifty closed at 20201.75 down 0.47%.

2)Today, US and Europe futures are trading lower and asian markets opened negative and sgx nifty is trading at 9784.50 down 0.81%.

4) We may open gap down of around 100-120 pts and follow global futures as the day progresses.

5)This will key to watch for telecom sector today.
SC hearing on AGR dues.
bharti airtel/idea in focus

6)India-china border clash - Any News on this can create volatality.

7)Support and resistance for Nifty and Banknifty  for intraday.

8)Nifty option pain is at 9900 and banknifty option pain is at 20200.

9)Nifty may trade between 9500 and 10000 for this week and banknifty may trade between 19000 and 21000 for this week which will act as good support and resistance.

10)Result today
Whirlpool 
Bajaj Consumer
Brigade Ent
Thermax   
IRB
Lumax Inds
CARE Ratings   
Rane Madras  
MOIL  
Hikal  
GSFC
Gujarat Alkalies 
Caplin Point Laboratories   
Amrutanjan Health
Capacite
CUB
Magma Fincorp
VST Tillers Tractors
Magma Fincorp

11)Stocks in news.

In Focus 

HDFCBANK- HDFC bank says consumer loans reach pre COVID levels

Telecom equipment manufacturers in Focus today 
India set to block telecom equipment supplies from Chinese companies 
Biggest beneficiary would be ITI 
Other CO’s- sterilite  tech , Tata comm,Tejas networks.

12)Results

IGL Q4  (QoQ) 
Net Profit Down 2.2% At `290.8 Cr Vs `297.4 CrEst 289
Revenue down 6.7% At `1,552.5 Cr Vs `1,664.2 Cr Est 1564
EBITDA Down 3.8% At `376.9 Cr Vs `391.8 Cr Est 378
EBITDA Margin At 24.3% Vs 23.5% Est 24.2
Volumes came at 6.2 mmscmd, down 6.9%

Pidilite Q4 Cons YoY
Net Profit Down 33.9% At `156.5 Cr Vs `236.9 Cr 
Revenue Down 5.8% At `1,544.7 Cr Vs `1,544.7 Cr Vs `1,639.3 Cr 
EBITDA Up 7.9% At `300.9 Cr Vs `278.8 Cr
EBITDA Margin At 19.5% Vs 17%

REC Q4
GNPA ratio at 6.59% vs 6.4% QOQ
NII at Rs 2738 cr vs Rs2320 cr, up 18%                    (up 1.5%QOQ)
Net profit at Rs 436 cr vs Rs1256cr, down 65.3%     (down 73.5%QOQ)

13)Market will be very volatile today.Trade cautiously.

14)Happy trading.follow our telegram channel for calls on equity and options -Optionstraders.




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