{"id":3117,"date":"2020-12-24T08:26:39","date_gmt":"2020-12-24T02:56:39","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3117"},"modified":"2020-12-24T09:53:19","modified_gmt":"2020-12-24T04:23:19","slug":"markets-this-thursday-morning","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/markets-this-thursday-morning\/","title":{"rendered":"Markets This Thursday Morning!"},"content":{"rendered":"\n

Can the Stimulus News in the U.S Propel the Indian Equity Markets To Higher than 14000 Nifty Levels? <\/strong><\/h1>\n\n\n\n

It will be a very interesting Markets This Thursday Morning in the Indian equity markets<\/strong><\/a> as positive cues from the U.S. about the Stimulus and Covid Vaccine will likely impact the Thursday expiry Trading.<\/p>\n\n\n\n

It will be fascinating to see if the monthly expiry brings in volatility or the indices gains momentum on the back of the positive cues from the U.S.Markets.<\/p>\n\n\n\n

On Wednesday,<\/strong><\/a> the Indian equity markets opened slightly lower but then recovered soon to trade in the green till the closing bell.<\/p>\n\n\n\n

The indices traded in a narrow range for most part of the day.<\/p>\n\n\n\n

Recap of the Indian Equity Markets on Wednesday<\/strong><\/h2>\n\n\n\n

Most of the Stocks did trade in the tight range in the morning session and then started to gain strength as the day progressed.<\/p>\n\n\n\n

The I.T. sector from the morning itself showed very good strength on the back of Infosys and Wipro Deal Wins in Germany. All the I.T. Stocks were up anywhere between 3 to 7 percent. <\/p>\n\n\n\n

Wipro closed the day with nearly 6 % gains while Infosys was 3 % up at closing Bell.        <\/p>\n\n\n\n

The Bank nifty too was also strong with banks recovering from the past couple of day\u2019s weakness.<\/p>\n\n\n\n

Then the positive cues from the European markets definitely gave a trigger for the markets to recover and the buying resumed across the sectors.<\/p>\n\n\n\n

I.T, Banks, Financials and Pharma lead the way in Wednesday's Trading Session.<\/p>\n\n\n\n

Most of the I.T. Stocks like Wipro (385 --6%) Infosys (1253 --3%), Tata Elxsi (1786--+8) closed with nearly Good gains whereas the midcap and small cap I.T Stocks were in the limelight.<\/p>\n\n\n\n

Nifty & Sensex in Markets This Thursday Morning<\/h2>\n\n\n\n

Finally the Nifty<\/a> <\/strong>closed at 13,601 (+134) levels on Wednesday.<\/p>\n\n\n\n

The Sensex<\/a> <\/strong>closed at 46,444(+437) whereas Bank Nifty<\/strong> closed in negative at 49,883(+257) levels in the Indian equity markets on Wednesday.<\/p>\n\n\n\n

It will be interesting to see if the Indian equity markets continue the gain towards 14000 nifty levels or it will be a volatile session with correction happening on the Expiry Thursday Trading Session.<\/p>\n\n\n\n

The Analyst anticipates a consolidating session on Thursday with trading happening in a range like Wednesday trading session in the Indian equity markets.<\/strong><\/p>\n\n\n\n

How much did the Fii\u2019s and Dii\u2019s buy \/sell on Wednesday?<\/strong><\/h2>\n\n\n\n

The Foreign institutional investors did buy on Wednesday with Buy figures at Rs 1153 crores.<\/p>\n\n\n\n

The Domestic institutional investors did Sell on Wednesday with Sell figures at Rs611 crores.<\/p>\n\n\n\n

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

The U.S. Markets closed on Friday with DOWJONES closing at 30,129(+114), S&P closing at 3690(+2) and NASDAQ closing at 12771(-36). The U.S Markets closed mixed on Wednesday with NASDAQ slightly negative and DOWJONES closing in the positive territory.<\/p>\n\n\n\n

Many analysts believe that Indian markets will be consolidating in the coming days. <\/p>\n\n\n\n

The I.T. stocks will look to give strength to the markets whereas the financial stocks will try to regain from the lows made in the last few trading sessions. <\/p>\n\n\n\n

Sector \/ Stocks Outlook for this Thursday: Watch out for I.T. Sector<\/strong><\/h2>\n\n\n\n

Most Analysts Expect the I.T to continue to be in the limelight till the Infosys results on 13<\/strong>th<\/sup><\/strong> Jan 2021. The Mega Deal won by Infosys and Wipro has already raised expectations for all I.T. Stocks for a good performance this Quarter.<\/strong><\/p>\n\n\n\n

Technology Sector: The Sector to watch out for on Thursday in Indian equity Markets.<\/strong><\/p>\n\n\n\n

All the I.T. Stocks<\/strong> like Wipro, Infosys, Tech Mahindra, HCL Technology, TCS, L&T Technology and the midcap and small caps Like NIIT LTD, Tata Elxsi, Co-Forge, and Mind Tree will be in the limelight on Thursday too.<\/p>\n\n\n\n

Large Caps Stocks: Stock to watch out will be Reliance, L&T, Divi\u2019s Lab, and Dr. Reddy\u2019s<\/strong><\/p>\n\n\n\n

Pharma and Other stocks<\/strong> In Markets This Thursday Morning<\/h3>\n\n\n\n

Pharma stocks like Cipla, Dr Reddy\u2019s, Lupin, Sun Pharma, and Divi\u2019s Lab will look forward to continuing the up move on Thursday.<\/p>\n\n\n\n

NBFC Stocks and Banking Sector<\/strong><\/h3>\n\n\n\n

The NBFC<\/strong> stocks recovered from their lows of <\/strong>Tuesday and Piramal Enterprise Ltd, Bajaj Finance led the way in the Wednesday trading session.<\/p>\n\n\n\n

The Stocks to watch out for on Thursday will be Piramal Enterprise Limited, Bajaj Finance, Bajaj Finserv, HDFC, LIC Housing Finance, and smaller stocks like L&T Financials, Mahindra, and Mahindra financial services.<\/p>\n\n\n\n

Private banks like Axis Bank, ICICI Bank, IndusInd Bank, HDFC Bank, Kotak Bank did recover from Tuesday\u2019s weakness. It is to be seen if they can stabilize and start moving upwards again on Thursday. <\/p>\n\n\n\n

The Insurance Stocks like Hdfc Standard life, Sbi life had a positive day on Wednesday.<\/p>\n\n\n\n

Energy Sector<\/strong><\/h3>\n\n\n\n

Energy Stocks like IGL, MGL, ONGC, Coal India, and BPCL had a positive day in trade on Wednesday.<\/p>\n\n\n\n

Most Analysts expect Energy stocks to do well in the coming days too. <\/p>\n\n\n\n

FMCG Sector <\/strong><\/h3>\n\n\n\n

FMCG stocks too had a flat day on Wednesday with Dabur, Britannia and HUL closing mildly on the positive side.  <\/p>\n\n\n\n

The Stocks to watch out for the Markets This Thursday Morning<\/strong><\/h2>\n\n\n\n

The stocks to keep an eye will be the I.T Stocks, Banking and Financial Stocks, Pharma Stocks, Energy Stocks, and FMCG Stocks.<\/p>\n\n\n\n

Keep these stocks under your radar for Trading and investments on Thursday<\/strong><\/h2>\n\n\n\n

# Information Technology Stocks:<\/strong><\/p>\n\n\n\n

Wipro, Infosys, Mindtree, Tata Elxsi, L&T Technology.<\/strong><\/p>\n\n\n\n

# Banking Stocks:<\/strong><\/p>\n\n\n\n

 Indusind Bank ,HDFC Bank, Icici Bank, Federal Bank, Axis Bank.<\/strong><\/p>\n\n\n\n

# NBFC Stocks: <\/strong><\/p>\n\n\n\n

Piramal Enterprise Ltd, Bajaj Finance, Shriram Transport, HDFC, L&T Financials. <\/strong><\/p>\n\n\n\n

# Pharma Stocks<\/strong>:  Sun Pharma, Cipla, Dr. Reddy\u2019s, Divi\u2019s Lab and Cadila.<\/strong><\/p>\n\n\n\n

# Other Main Stocks to watch out for on this Monday Morning in the Indian Equity Markets:<\/strong><\/p>\n\n\n\n

Reliance, Tata Motors, Bharti Airtel, Adani Port, HDFC Standard Life, Sbi Life, BPCL, ONGC, Bharat Forge, Ashok Leyland.\u00a0<\/strong><\/p>\n\n\n\n

Stocks to Watch<\/h2>\n\n\n\n

Cement Stocks <\/h3>\n\n\n\n

-Royalty increases may be difficult in content of greater scrutiny on related party transaction.<\/p>\n\n\n\n

Phenol Demand in India<\/h3>\n\n\n\n

-Add of $15.116\/mt imposed on phenol imports.<\/p>\n\n\n\n

-DN capacity is 2 lk TPA & Annual demand is 3.75 lk TPA.<\/p>\n\n\n\n

Cheers for DTH services Cos <\/h3>\n\n\n\n

-Cabinet revises guidelines for broad casting services in India.<\/p>\n\n\n\n

-Licences will be issued for 20 years Vs 10 years now and the fee revised to 8% of adjusted gross revenue vs 10% of gross revenue.<\/p>\n\n\n\n

CG Power <\/h3>\n\n\n\n

-Inaugurates new motor manufacturing facility at Ahmednagar.<\/p>\n\n\n\n

TATA Communications<\/h3>\n\n\n\n

-Acquires 58% equity Oasis Smart SIM Europe SAS.<\/p>\n\n\n\n

-Oasis is a leading ESIM technology provider.<\/p>\n\n\n\n

-Moves to leverage & Amplify growth in mobility , Lot markets.<\/p>\n\n\n\n

Some good stocks to watch today are Phillips Carbon, Himadri Chem, DISH TV, Hathway Cable, Den Networks, GTPL Hathway, Specialty Rest.<\/strong><\/p>\n\n\n\n

Quick Recap of the Indian equity market for This Thursday Morning:<\/strong><\/h2>\n\n\n\n

Many analysts believe that the I.T, Banking and Pharma Stocks will show strength in the coming days in the Indian equity markets.<\/p>\n\n\n\n

Main Stocks to watch out for This Thursday:<\/strong><\/p>\n\n\n\n

Wipro (386), Infosys (1253), Mindtree (1596), Tata Elxsi (1786), L&T Technology (2319).<\/strong><\/p>\n\n\n\n

Indusind Bank (855), HDFC Bank (1375), ICICI Bank (503), Federal Bank (64.25), Axis Bank (592).<\/strong><\/p>\n\n\n\n

Piramal Enterprise Ltd (1424), Bajaj Finance (5088), Shriram Transport (961), HDFC (2403), L&T Financials (89.50). <\/strong><\/p>\n\n\n\n

Tips Worth following for becoming a successful trader and investor in the Indian equity markets.<\/strong><\/p>\n\n\n\n

\u201cTrading profitably require Commitment to learning, Self \u2013Evaluation and Practice\u201d    <\/p>\n\n\n\n

\u201cBest wishes for a Profitable Monthly Expiry Trading this Thursday in the Indian equities markets!<\/p>\n\n\n\n

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

Watch This Pre-Market Morning Analysis Live<\/h2>\n\n\n\n

You Can Watch us Live on our \"Shree Varahi\"<\/a> Youtube Channel<\/p>\n\n\n\n

OR<\/p>\n\n\n\n

Watch Us on Our Facebook Page<\/a><\/p>\n\n\n\n

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

Can the Stimulus News in the U.S Propel the Indian Equity Markets To Higher than 14000 Nifty Levels?  It will be a very interesting Markets This Thursday Morning in the Indian equity markets as positive cues from the U.S. about the Stimulus and Covid Vaccine will likely impact the Thursday expiry Trading. It will be […]<\/p>\n","protected":false},"author":1,"featured_media":3011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-3117","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\/3117","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=3117"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3117\/revisions"}],"predecessor-version":[{"id":3123,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3117\/revisions\/3123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/3011"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=3117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}