Trading Idea for 05 Nov 20 (Thursday): Important data to know before market opening

The nifty Support level is placed at 11775 followed by 11675. If Nifty starts going up, then the resistance level will be 11975 and 12025. While the Bank Nifty support level is placed at 25335 and 24850. If Bank Nifty starts going up, then the resistance level will be 26050 and 26350.

FII and DII data

Foreign Institutional Investors bought shares of Rs. 146.22 crore while Domestic Institutional Investors sold shares of Rs. 8.13 crore in Indian equity market on November 04, as per data NSE data.

F&O Ban on NSE

No security is under the F&O ban for tomorrow (Nov 05).

Latest Corporate Action

• Apollo Tyres Limited –  Q2 Profit at Rs. 1999.80 millions versus Rs. 830.74 millions, Revenue at Rs. 42337.99 millions versus Rs. 39260.64 millions, Other Income at Rs. 384.53 millions versus Rs. 40.05 millions YoY (Good Result).

• Kothari Petrochemicals Limited –  Q2 Profit at Rs. 695.04 lakhs versus Rs. 656.18 lakhs, Revenue at Rs. 7076.36 lakhs versus Rs. 6684.68 lakhs, Other Income at Rs. 86.27 lakhs Profit versus Rs. 61.35 lakhs YoY (Mix Results).

• Nelco Limited –  Q2 Profit at Rs. 222 lakhs versus Rs. 153 lakhs, Revenue at Rs. 5322 lakhs versus Rs. 5358 lakhs, Other Income at Rs. 92 lakhs Profit versus Rs. 105 lakhs YoY (Mix Results).

• State Bank Of India –  Q2 Profit at Rs. 4574.16 crores versus Rs. 3011.73 crores, Interest Earned at Rs. 66814.11 crores versus Rs. 64312.39 crores, Other Income at Rs. 8527.69 crores Profit versus Rs. 8538.39 crores Profit ,Gross NPA at 5.28 % versus 7.19 %, Net NPA at 1.59 % versus 2.79 % YoY (Good Results).

• Gati Limited –  Q2 Profit at Rs. 77 lakhs versus Rs. 230 lakhs loss, Revenue at Rs. 7113 lakhs versus Rs. 10421 lakhs, Other Income at Rs. 252 lakhs Profit versus Rs. 983 lakhs YoY (Mix Results).

• Confidence Petroleum Limited – Q2 Profit at Rs. 1009 lakhs versus Rs. 701 lakhs loss, Revenue at Rs. 17371 lakhs versus Rs. 9283 lakhs, Other Income at Rs. 126 lakhs Profit versus Rs. 74 lakhs YoY (Poor Results).

• Thermax Limited – Q2 Profit at Rs. 31.24 crores versus Rs. 25.70 crores, Revenue at Rs. 1141.20 crores versus Rs. 1605.85 crores YoY (Good Results).

• EIH Limited – Q2 Loss at Rs. 115.26 crores versus Rs. 41.00 crores profit, Revenue at Rs. 60.44 crores versus Rs. 287.67 crores, Other Income at Rs. 9.05 crores Profit versus Rs. 27.07 crores YoY (Poor Results).

• Pidilite Industries Limited – Q2 Profit at Rs. 338.78 crores versus Rs. 324.09 crores profit, Revenue at Rs. 1630.23 crores versus Rs. 1571.72 crores, Other Income at Rs. 22.51 crores Profit versus Rs. 57.22 crores YoY (Good Results).

• JK Lakshmi Cement Limited – Q2 Profit at Rs. 80.58 crores versus Rs. 45.91 crores profit, Revenue at Rs. 1044.77 crores versus Rs. 935.48 crores, Other Income at Rs. 18.33 crores Profit versus Rs. 6.77 crores YoY (Good Results).

• Indian Hotels Limited – Q2 Loss at Rs. 14159 lakhs versus Rs. 11894 lakhs Profit, Revenue at Rs. 16521 lakhs versus Rs. 59851 lakhs, Other Income at Rs. 5010  lakhs Profit versus Rs. 2688 lakhs YoY (Good Results).

Result on November 05

AB Capital, Adani Power, Adani Transmission, Astrazeneca Pharma, Berger Paints, Birla Corp, Bajaj Electricals, Dish TV, Emami, Gujarat Gas, ICRA, Minda Corporation, Inox Leisure, Trent, Torrent Power will decalred Q2FY21 results on November 05.