{"id":3318,"date":"2021-03-03T22:58:06","date_gmt":"2021-03-03T17:28:06","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3318"},"modified":"2021-03-04T08:39:54","modified_gmt":"2021-03-04T03:09:54","slug":"thursday-stock-market-outlook-4th-march-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/thursday-stock-market-outlook-4th-march-2021\/","title":{"rendered":"Thursday Stock Market Outlook - 4th March 2021"},"content":{"rendered":"\n

Stock Market Today<\/h1>\n\n\n\n

Can the Bulls take Nifty towards  15500 This Week?<\/strong><\/h2>\n\n\n\n

 <\/strong>The Wednesday\u2019s  Trading in the Indian equity markets was a trending markets with the bulls making a strong comeback from the lows of last week.<\/p>\n\n\n\n

As aniticipated in the morning post, the Indian equity markets opened in the Green on back of positive global sentiments and traded in a small range for most of the day.<\/p>\n\n\n\n

The Bulls made a strong move in the last hour of trading with the index heavy weights like Reliance , Infosys, TCS all closing at the Days High.<\/p>\n\n\n\n

The Banks  and IT Stocks Helped the bulls to dominate the day and help Nifty close Strongly above 15200 levels.<\/p>\n\n\n\n

Finally , At the closing bell ,the Sensex was at  51444 (1147 +). The Nifty closed at 15,245 levels ( 326+) and the bank nifty was at 36368(+948).  <\/p>\n\n\n\n

Except auto, all other sectoral indices ended in the green with Nifty Metal and PSU Bank indices adding 3 percent, while Nifty Bank index rose 2.7 percent. BSE Midcap and Smallcap indices jumped over 1 percent each.<\/h4>\n\n\n\n

Bajaj Finance, Bajaj Finserve, ICICI Bank , Infosys, Wipro,TCS, Reliance, Adani Ports, Bank of Baroda, Canara Bank, Federal Bank, Tata Power, REC were some of the top gainers whereas  Hero Motocorp, Maruti, Bajaj Auto, M&M, BPCL closed the day in red.<\/h4>\n\n\n\n

 The US Markets closing will be keenly watched by the bulls to take the nifty towards 15400 levels on the Thursday expiry day trading.<\/p>\n\n\n\n

Fii\u2019s and Dii\u2019s buy \/sell figures on Wednesday.<\/strong><\/h2>\n\n\n\n

The Foreign institutional investors bought on Tuesday  Rs 2088 Crores whereas Domestic institutional investors bought Rs 392 Crores.<\/p>\n\n\n\n

FII\u2019s buying in such big quantity after the big sell off on Friday is a direction changing trigger for the indian equity markets. <\/p>\n\n\n\n

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

The US Stock Market ended in red with the Dow Jones 31,270.09 (-121.43), NASDAQ 12,997.75 (-361.04), and S&P 500 Index 3,819.72 (-50.57).<\/p>\n\n\n\n

For the coming week, most analysts believe that Indian markets will be volatile with the global markets cues important in deciding the near term direction of the markets.<\/p>\n\n\n\n

One of the relieving factors is that in the US Markets the bond yields seem to be stabilizing and the Tech Stocks are rebounding to positive territory.<\/p>\n\n\n\n

Analysis for Indian Equity Market for Expiry Thursday Trading<\/strong><\/h2>\n\n\n\n

Most experts expect the indices to continue the upward movement towards 15400 with the Global Cues being positive acting as an important factor in the markets near term direction.<\/p>\n\n\n\n

The Global Markets trading in the positive territory will definitely help nifty scale upwards in the coming days and reach the new highs on the weekly Thursday expiry.<\/p>\n\n\n\n

Stocks to watch out for this Thursday in the Indian Equity Markets<\/strong><\/h2>\n\n\n\n

Banking and Financial Sector<\/strong><\/h3>\n\n\n\n

The private banks like Federal Bank , Indusind Bank, Axis Bank,  Kotak Bank, HDFC Bank will Look to  move further up from the Wednesday\u2019s session.<\/p>\n\n\n\n

 NBFC\u2019S \u2013 Mahandra and Mahindra Financial Services,  PEL, Bajaj Twins, Shriram Transport Finance too will make upward movements considering the positive sentiments in the markets.<\/p>\n\n\n\n

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

The I.T Majors like Infosys, Tech Mahindra, TCS, Wipro will be looking to continue their good showing from Wednesday\u2019s session and  scale up on the back of strong NASDAQ rebound in U.S Markets.<\/p>\n\n\n\n

 The I.T. Majors are expected to do good considering the dollar gaining strength in the last few days .These stocks can be accumulated at lower levels for substantial gains in the near term.<\/p>\n\n\n\n

Pharma and Cement stocks<\/strong><\/h3>\n\n\n\n

Pharma stocks like Lupin, Divi\u2019s Lab, Cipla,  Dr Reddy\u2019s, Divi\u2019s Lab, Sun Pharma, Cadila are expected to do good in the near term.<\/p>\n\n\n\n

Cement stocks like Grasim, Shree Cement ,Shree Cement are Likely to show strength as the broader market looks to maintain the upwards momentum from wednesday\u2019s session.<\/p>\n\n\n\n

Also  Tata Motors, Maruti, Adani Enterprise, Adani Port, Gujarat Pipava, BEL, is expected to be keenly watched by the traders on Thursday.<\/p>\n\n\n\n

The general Sentiments in the market seemed to have turned positive with Bulls sensing an opportunity to scale up towards 15400 for the Thursday expiry.<\/p>\n\n\n\n

The Stocks to watch out for in the Indian equity markets<\/strong><\/h2>\n\n\n\n

The stocks to keep an eye on in the Indian equity markets will be the I.T Sector, Banking Sector, NBFC Sector , Pharma Stocks, FMCG Stocks, and Cement sector Stocks.<\/p>\n\n\n\n

Keep these stocks under your radar for Trading and investments on Thursday<\/strong><\/h3>\n\n\n\n

# 5 Banking Stocks:<\/strong>  Icici Bank , Axis Bank, Indusind Bank, Federal Bank, Kotak Bank. <\/p>\n\n\n\n

#5 NBFC Stocks:<\/strong> Bajaj finserve,Bajaj Finance, HDFC LTD,  Mahindra and Mahindra financial, Shriram Transport.<\/p>\n\n\n\n

# 5 Pharma Stocks: <\/strong>Lupin, Divi\u2019s Lab , Dr Reddy\u2019s, Biocon, Sun Pharma,.<\/p>\n\n\n\n

#5 Information Technology Stocks: <\/strong>Infosy ,TCS, HCL TECH, Co-Forge, Tech Mahindra.<\/p>\n\n\n\n

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

Stocks To Watch out This Thursday for other sectors :<\/strong><\/h2>\n\n\n\n

PEL, Gujarat Pipava, Reliance, Mahindra and Mahindra, Tata Motors , Ashok Leyland , Adani Port, Adani Power,Tata Power,Torrent Power.  <\/p>\n\n\n\n

Trading View for Indian equity markets this Thursday :<\/strong><\/h2>\n\n\n\n

#Stocks to Watch for Trading from LakshmiShree<\/strong> <\/a>in-house Technical Expert Ansul Jain-<\/p>\n\n\n\n

4th March Stock Picks \u2014<\/strong> ANSUL\u2026STOCKS---Dr Reddy's, Godrej Properties, M&M.<\/p>\n\n\n\n

 (Watch YouTube Video Analysis here <\/strong>) - https:\/\/youtu.be\/wGOThvTCFJ4<\/strong><\/a><\/p>\n\n\n\n

After a day of Trending upwards markets on Wednesday , the Trading view is that the Indian equity Markets will be looking to gain momentum.<\/p>\n\n\n\n

The positive cues from the US Markets will emboldened the Bulls to take this Thursday expiry towards 15300-15400 levels\u2026<\/p>\n\n\n\n

 Most Analysts expect the markets to reach new highs in this March expiry.<\/strong><\/p>\n\n\n\n

Best wishes for a Cheerful Thursday in the Indian equity markets!<\/p>\n\n\n\n

\"Stock-market-today\"
INDIAN EQUITY MARKETS THIS WEDNESDAY MORNING<\/strong><\/figcaption><\/figure>\n\n\n\n

We do conduct Pre-Market Analysis webinars daily in the morning. You can join this live webinar of today through our Facebook Page<\/strong><\/a> & Youtube Channel<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stock Market Today Can the Bulls take Nifty towards  15500 This Week?  The Wednesday\u2019s  Trading in the Indian equity markets was a trending markets with the bulls making a strong comeback from the lows of last week. As aniticipated in the morning post, the Indian equity markets opened in the Green on back of positive […]<\/p>\n","protected":false},"author":1,"featured_media":3239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-3318","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\/3318","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=3318"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3318\/revisions"}],"predecessor-version":[{"id":3336,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3318\/revisions\/3336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/3239"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=3318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}