Trading Idea for 14 Jan 21 (Thursday): Important data to know before market opening

The nifty Support level is placed at 14525 followed by 14475. If Nifty starts going up, then the resistance level will be 14625 and 14700. While the Bank Nifty support level is placed at 32200 and 32000. If Bank Nifty starts going up, then the resistance level will be 32850 and 32975.

FII and DII data

Foreign Institutional Investors bought shares of Rs. 1879.06 crore while Domestic Institutional Investors sold shares of Rs. 2370.17 crore in the Indian equity market on January 13, as per data NSE data.

Latest Corporate Action

https://zerodha.com/open-account?c=ZMPOUL

• 5 Paisa Capital Limited –  Q3 Profit at Rs. 318.50 lakhs versus Loss of Rs. 215.95 lakhs, Revenue at Rs. 4956.62 lakhs versus Rs. 2667.05 lakhs, Other Income at Rs. 4.46 lakhs Profit versus Rs. 20.55 lakhs YoY (Good Result).

• WIPRO Limited –  Q3 Profit at Rs. 29978 Millions versus Rs. 24630 Millions, Revenue at Rs. 156700 Millions versus Rs. 154705 Millions, Other Income at Rs. 6541  Millions Profit versus Rs. 6097 Millions YoY (Good Result).

• GTPL Hathway Limited –  Q3 Profit at Rs. 523.56 Millions versus Rs. 389.87 Millions, Revenue at Rs. 6471.78 Millions versus Rs. 6816.94 Millions, Other Income at Rs. 84.33 Millions Profit versus Rs. 135.73 Millions YoY (Good Result).

• Arvind Smart spaces Limited – Indian Rating and Research have assigned its rating “ IND A-/Stable” to our term loan of Rs. 80/- Crores and affirmed rating “ IND A-/Stable” to our proposed long term Rs. 220/- Crores (reduced from Rs. 300 /- Crores).

• Central Bank of India – Brickwork Rating Agencies has assigned its rating “ BWR A+/Stable” to Basel III Tier II Bonds and affirmed rating “BWR A/Stable” to Innovative Perpetual debt Instrument

• Indian Bank – It is informed that bank has successfully Raised of Tier 2 Capital Fund through Private Placement of Basel III-compliant Tier 2 Bonds aggregating to Rs. 2000 crore at a coupon of 6.18% p.a payable annually. http://upstox.com/open-account/?f=HBRR

• F&O Ban on NSE

BHEL & SAIL securities are under the F&O ban for tomorrow (Jan 14).

• Results Scheduled on January 14

DEN Network, HFCL, RIIL, Tata Steel Long Product, Websol Energy & Digicontent Limited will announce their Q3 results FY 20-21 on 14 Jan 21.