Trading Idea for 12 Nov 20 (Thursday): Important data to know before market opening

The nifty Support level is placed at 12600 followed by 12475. If Nifty starts going up, then the resistance level will be 12820 and 124875. While the Bank Nifty support level is placed at 28520 and 27950. If Bank Nifty starts going up, then the resistance level will be 29025 and 29490.

FII and DII data

Foreign Institutional Investors bought shares of Rs. 6207.19 crore while Domestic Institutional Investors sold shares of Rs. 3463.86 crore in Indian equity market on November  11, as per data NSE data.

F&O Ban on NSE

BHEL and Jindal Steel & Power securities are under the F&O ban for tomorrow (Nov 12).

Latest Corporate Action

• NXDIGITAL Limited –  Q2 Loss at Rs. 191.30 lakhs versus Rs. 12418 lakhs Loss, Revenue at Rs. 16835.41 lakhs versus Rs. 19947.10 lakhs, Other Income at Rs. 193.53 lakhs Profit versus Rs. 13028.91 lakhs YoY (Poor Result).

• Procter & Gamble Health Limited –  Q2 Profit at Rs. 5926 lakhs versus Rs. 3576 lakhs, Revenue at Rs. 26937 lakhs versus Rs. 22516.80 lakhs, Other Income at Rs. 672.00 lakhs Profit versus Rs. 672.40 lakhs YoY (Good Result).

• S Chand And Company Limited – Q2 Loss at Rs. 472.92 millions versus Rs. 602.97 millions, Revenue at Rs. 365.15 millions versus Rs. 265.91 millions, Other Income at Rs. 14.22 millions versus Rs.9.96 millions YoY (Poor Result).

• ZODIAC JRD MKJ Limited –  Q2 Profit at Rs. 18.90 lakhs versus Rs. 15.72 lakhs Profit, Revenue at Rs. 165.26 millions versus Rs. 360.76 millions, Other Income at Rs. 7.49 millions versus Rs.18.53 millions YoY (Good Result).

• Career Point Limited –  Q2 Profit at Rs. 797.40 lakhs versus Rs. 643.75 lakhs Profit, Revenue at Rs.1506.20 lakhs versus Rs. 2867.80 lakhs, Other Income at Rs. 174.83 lakhs Profit versus Rs. 159.50 lakhs YoY (Good Result).

• Apollo Hospitals Enterprise Limited –  Q2 Profit at Rs. 3252 lakhs versus Rs. 9060 lakhs Profit, Revenue at Rs. 241445 lakhs versus Rs. 246358 lakhs, Other Income at Rs. 479 lakhs Profit versus Rs. 394 lakhs YoY (Good Result).

• MAS Financial Services Limited –  Q2 Profit at Rs. 3420.40 lakhs versus Rs. 4019.82 lakhs Profit, Revenue at Rs. 15262.17 lakhs versus Rs. 16737.41 lakhs, Other Income at Rs. 38.22 lakhs Profit versus Rs. 8.16 lakhs YoY (Weak Result).

• Asian Granito Limited –  Q2 Profit at Rs. 1816.89 lakhs versus Rs. 853.27 lakhs Profit, Revenue at Rs. 27764.47 lakhs versus Rs. 28916.94 lakhs, Other Income at Rs. 2.40 lakhs Profit versus Rs. 16.52 lakhs YoY (Good Result).

• UFLEX Limited –  Q2 Profit at Rs. 22200 lakhs versus Rs. 9426 lakhs Profit, Revenue at Rs. 215695 lakhs versus Rs. 182503 lakhs, Other Income at Rs. 475 lakhs Profit versus Rs. 438 lakhs YoY (Good Result).

• SH Kelkar and Company Limited –  Q2 Profit at Rs. 53.82 crore versus Rs. 14.97 crore, Revenue at Rs. 339.69 crore versus Rs. 276.19 crore, Other Income at Rs. 2.59 crore Profit versus Rs. 3.10 crore Profit YoY (Good Result).

• Galaxy Surfactants Limited –  Q2 Profit at Rs. 81.74 crore versus Rs. 67.07 crore, Revenue at Rs. 718.68 crore versus Rs. 648.82 crore, Other Income at Rs. 4.57 crore Profit versus Rs. 1.30 crore Profit YoY (Good Result).

Results on November 12

Phoenix Mills, Jindal Cotex, Shyam Telecom, MIRC Electronics, Timken India, Bafna Pharma & KNR Construction will declared Q2FY21 on November 12.