{"id":3010,"date":"2020-12-10T07:38:46","date_gmt":"2020-12-10T02:08:46","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3010"},"modified":"2025-01-20T12:57:52","modified_gmt":"2025-01-20T07:27:52","slug":"stock-market-today-in-india-4","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/stock-market-today-in-india-4\/","title":{"rendered":"Stock Market Today In India"},"content":{"rendered":"\n

Stock Market This Thursday!<\/h1>\n\n\n\n

The Indian equity markets opened in the green on Wednesday and kept consolidating in the first half of the day. Most of the Stocks traded in a tight range of 0 to 2 percent with positive bias till noon.<\/p>\n\n\n\n

But in the Second half, The Stocks started to show momentum and many of them moved upwards. Reliance and Infosys started with Strength and continued to show positive bias throughout the day and ended towards the higher side. <\/p>\n\n\n\n

 Buying was seen across the board with most sectors incrementally going up. <\/p>\n\n\n\n

The Nifty comfortably managed to close in the green at 13,529 (+136) levels on Wednesday. The Sensex closed at 46,103 (+494) whereas Bank Nifty closed positively at 30,709(+447) levels.<\/p>\n\n\n\n

Most experts expect the indices on Thursday to trade in the green with some possibility of profit booking during the day. The Weekly expiry on Thursday can bring in a little bit of volatility. According to market pundits, the positive view for nifty continues to remain intact for the coming days of this week. <\/p>\n\n\n\n

Fii\u2019s and Dii\u2019s buy \/sell figures for Wednesday -<\/h2>\n\n\n\n

The Foreign institutional investors continuing to buy with the Wednesday figures at Rs 3564 crores even though domestic institutional investors continue to sell with Wednesday figures at Rs2493 crores. FII\u2019s buying continues while the DII\u2019s keep selling but with Fii\u2019s buying more than the Dii\u2019s, the market is definitely showing tremendous strength.<\/p>\n\n\n\n

Cues from U.S.Markets :<\/h2>\n\n\n\n

The U.S. Markets closed with\u00a0 Dow Jones closing at 30,068(-105 ), S&P closing at 3672(-29), and\u00a0 Nasdaq closing at 12338(-243). Many analysts believe that Indian markets will be opening with some negative bias due to the US Mkts closing on the negative side. The Indian equity market<\/strong><\/a> may look to further consolidate at these levels on Thursday.<\/p>\n\n\n\n

Stocks to watch out for this Thursday:<\/h2>\n\n\n\n

Technology Sector:<\/h3>\n\n\n\n

Some of the stocks which can be active on Thursday are the Technology stocks lead by Infosys, TCS, HCL Technology, and Wipro. The negative closing in Nasdaq and Indian Technology Stocks will reflect on these stocks today.<\/p>\n\n\n\n

The Large Caps like Reliance and HDFC twins showing strength is a big positive for the markets. <\/p>\n\n\n\n

The Cement stocks Ultra tech cement, Shree Cement saw mild corrections on Thursday. It is to be seen if profit booking happens in the cement sector and Psu banking stocks which have seen upward trend recently.<\/p>\n\n\n\n

The private banks can see some activity after having a minor uptick on Wednesday.The stocks like Axis bank, Icici Bank, Indusind bank, Sbi from the banking sector and Hdfc Standard life, Max financial services and Sbi life from the insurance sector, Bajaj Twins, Shriram Transport Finance, will be keenly watched out on this Thursday.  <\/p>\n\n\n\n

Pharma and Other stocks:  <\/h3>\n\n\n\n

Pharma stocks like Divi\u2019s Lab, Dr Reddy, Lupin, had a midly positive day and can be expected to be in the limelight on Thursday.<\/p>\n\n\n\n

The other stocks to watch out for in the Indian equity markets are\u00a0 Bharat Forge, Bharti Airtel, Maruti, Adani Enterprise, Adani Port to name a few of them.\u00a0<\/p>\n\n\n\n

The general Sentiments in the market is more of a consolidating at these levels with minor dips at periodic intervals. It is also to be noted that few analyst are pointing out that sector rotation is happening in the Indian equity markets. Its seems to be a good idea to be in the sector of the day after observing the initial hour of trading to make the most of the potential opportunities.<\/p>\n\n\n\n

Experts are giving a word of caution about those stocks which had a dream run till now in this week and are advising a prudent entry and exit strategy in them. Its best to avoid heavily leveraged trades on these stocks for a prudent investor.<\/p>\n\n\n\n

Overview:<\/h3>\n\n\n\n

It will be an interesting day with the weekly expiry happening on Thursday and the US Equity Markets overnight closing in the negative. This Thursday may be a day where both bulls and bears will get opportunities to trade on either side.<\/p>\n\n\n\n

Best wishes for a cheerful Thursday in the Indian equities markets!<\/strong><\/p>\n\n\n\n

Cheerful Trading !!<\/p>\n\n\n\n

Watch This Pre-Market Morning Analysis Live<\/h2>\n\n\n\n
\"Morning-Pre-Market-Analysis\"<\/a>
Pre-Market Analysis<\/figcaption><\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Stock Market This Thursday! The Indian equity markets opened in the green on Wednesday and kept consolidating in the first half of the day. Most of the Stocks traded in a tight range of 0 to 2 percent with positive bias till noon. But in the Second half, The Stocks started to show momentum and […]<\/p>\n","protected":false},"author":1,"featured_media":11231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-3010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-stock-market-outlook"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=3010"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3010\/revisions"}],"predecessor-version":[{"id":3013,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3010\/revisions\/3013"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/11231"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=3010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}