The Indian Equity Markets opened gap up on the basis of positive U.S Markets Closing on Friday and then traded in positive zone till afternoon.
Bharti Airtel, Tata Steel, HDFC Bank, Infosys, HDFC, Bajaj Auto, and PowerGrid were the top losers in trading on the first day of the week.
On the other hand, Ultratech Cement, ICICI Bank, SBI, Axis Bank, Kotak Bank, and IndusInd Bank were the gainers on Monday’s trading session.
Indian Equity Markets closed on a flat note after a volatile session on Monday on the back of a mixed trend in global equities.
After starting the day in the positive zone and consolidating for some time till mid-afternoon, the nifty did slide downwards all of a sudden towards 15640. Then Nifty made a smart recovery towards 15692 levels to end at those levels at the closing bell. The Sensex closed at 52,372(-13)
Most Analysts believe that Indian equity markets will be going up during this week due to the positive mood in the global markets and Indian Markets.
The Foreign institutional investors Sold Rs 745 Crores whereas Domestic institutional investors bought Rs 447 Crores.
Most experts believe that the Indian equity markets will continue to be trend upwards and move towards the all-time high during this week.
There seems to be a possibility of the Banks & NBFC's, I.T., Pharma, Power, and the defensive stocks doing well in the coming days.
Financials & Private banks like Equitas Small finance bank, Ujivan Bank, IDFC, RBL Bank, Federal Bank, Axis Bank, Icici Bank, Bandhan Bank, Indusind Bank, Kotak Bank, HDFC Bank will look to move upwards from hereon.
PSU banks will be in focus once the Bank Nifty starts to move upwards.
NBFC’S – IDFC LTD, Equitas Holding, PEL, Bajaj Twins, Shriram Transport Finance will give a good opportunity to buy on dips.
I.T Majors like LTTS, LTI, TCS, Wipro, Infosys, Tech Mahindra, Mastek, and HCL Tech are bound to gain in the coming days.
Major I.T. Companies can be accumulated for a decent upside since the results season will be looked forward to by the investors and traders.
Pharma stocks like Glenmark Pharma, Cadila, Dr. Reddy’s, Lupin, Divi’s Lab, Cipla, and Sun Pharma are expected to do good.
The stocks to keep an eye on in the Indian equity markets will be the Banking Sector, I.T. Sector, FMCG Stocks, and Cement sector Stocks.
# 5 Banking Stocks: Federal Bank, Axis Bank, HDFC Bank, ICICI Bank, Canara Bank.
#5 NBFC Stocks: Equitas holding, IDFC LTD, Ujivan, IBull Housing, Bajaj Finserve.
# 5 Pharma Stocks: Cadila, Divi’s Lab, Cipla, Glenmark Pharma, Dr. Reddy’s.
#5 Information Technology Stocks: LTTS, TCS, Mastek, Co- Forge, Infosys.
#10 Other Main Stocks to watch out for on this Tuesday Morning in the Indian Equity Markets:
IDFC Ltd, Equitas Holding, Federal Bank, Axis Bank, M&M Financial, Chola Finance, ISGEC Heavy Engineering, Deepak Nitrate, Ashok Leyland, Gujarat Alkalies.
#Stocks to Watch for Trading from LakshmiShree in-house Technical Expert Ansul Jain- —
13th July Stock Picks–– Ashok Leyland, Hindalco, PEL, SBIN.
(Watch YouTube Video Analysis here –https://youtu.be/enj5U2OkqWw )
The view is that for the Indian equity Markets the bulls will need strong buying from Fii’s to move upwards of16000 -16200 Nifty Levels.
INDIAN EQUITY MARKETS THIS TUESDAY MORNING!
