{"id":3500,"date":"2021-04-08T22:08:09","date_gmt":"2021-04-08T16:38:09","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3500"},"modified":"2021-04-09T07:56:03","modified_gmt":"2021-04-09T02:26:03","slug":"fridays-stock-market-outlook-9th-april-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/fridays-stock-market-outlook-9th-april-2021\/","title":{"rendered":"Friday\u2019s Stock Market Outlook \u2013 9th April 2021"},"content":{"rendered":"\n

Will the Bulls be able to take Nifty Above to 15200 Levels in the indian equity markets This Friday ?<\/strong><\/h2>\n\n\n\n

The Thursday\u2019s Expiry Trading in the Indian equity markets was a Steady Session with Markets showing strength through out the day.<\/p>\n\n\n\n

The markets opened gap up and did try to regain some momentum towards 15000. The Second half of trading gave up some of the gains.<\/p>\n\n\n\n

UltraTech Cement along with Titan, Tech Mahindra, Nestle India, TCS, Bajaj Finserv , L&T were the major gainers in the weekly expiry trading session.<\/p>\n\n\n\n

On the losing side was IndusInd Bank, ONGC, Sun Pharma, HDFC Bank and Axis Bank.<\/p>\n\n\n\n

One can say that the Thursdays trading in the Indian equity markets was of consolidation .The first half of the day the stocks traded strictly in a range while the metal and I.T stocks made solid gains.<\/p>\n\n\n\n

Post afternoon saw little volatility with some of the stocks coming down due to expiry related trading.<\/p>\n\n\n\n

Banking and Financial stocks witnessed profit-booking ,while most of Major sectoral indices traded in the positive with I.T & Metal stocks doing exceedingly well.<\/p>\n\n\n\n

Finally at closing bell on the Thursday expiry session , the Sensex closed  at 49,746 whereas Nifty closed strongly at  14,873.<\/p>\n\n\n\n

Today evenings US Markets closing will be keenly watched by the bulls and the bears to decide the direction of the market in the next few days.<\/p>\n\n\n\n

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

The Foreign institutional investors bought on Thursday  Rs 110  Crores whereas Domestic institutional investors bought Rs 552 Crores.<\/p>\n\n\n\n

FII\u2019s buying will be a key factor going forward in deciding the direction for the Indian equity markets.\u00a0<\/p>\n\n\n\n

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

\u00a0\u00a0\u00a0The U.S. Markets closed on Thursday with positive cues as Dow Jones closed in at 33,507(+54) , S&P at 4097 (+17 ) whereas NASDAQ closed in at 13,829 (+140).<\/p>\n\n\n\n

Analysis for Indian Equity Market for Friday\u2019s Trading<\/strong><\/h2>\n\n\n\n

Most experts expect the indices to continue to be an upward trending marker for the coming few days.<\/p>\n\n\n\n

Normally most traders look to book profits on the last day of the week and go with fewer trades for the next week.<\/p>\n\n\n\n

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

There seems to be Sector rotation happening with the cement sector coming into the limelight on Thursday.<\/strong><\/p>\n\n\n\n

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

Cement stocks like Ultra Tech Cement , Ambuja Cement,  Grasim , Shree Cement , Dalmia Bharat , Ramco Cement are likely to continue their strength on friday.<\/p>\n\n\n\n

Pharma stocks like Dr Reddy\u2019s, Lupin, Divi\u2019s Lab, Cipla, Sun Pharma, and Cadila are expected to do good in the near term.<\/p>\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 consolidate and move further up from the Thursday\u2019s session.<\/p>\n\n\n\n

PSU Banks like Canara Bank, Karnataka Bank; Bank of Baroda are well set for decent gains in near future.<\/p>\n\n\n\n

 NBFC\u2019S \u2013 Mahindra and Mahindra Financial Services, PEL, Bajaj Twins, Shriram Transport Finance will under the radar of the traders if the global markets are in positive territory on Friday morning.<\/p>\n\n\n\n

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

With the upcoming Good I.T. Results and Weakening Indian Rupee , The I.T Majors like  TCS ,Infosys, Tech Mahindra, HCL Tech , Wipro are Likely to gain.<\/p>\n\n\n\n

Also Tata Motors, Ashok Leyland, Gujarat Pipavav, are expected to regain the positive up move in the near term.<\/p>\n\n\n\n

The general Sentiments in the market seemed to have turned positive with traders awaiting global cues to take a call on which way the markets may move in the near term.<\/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> Federal Bank, Icici Bank, RBL Bank, Indusind Bank, Kotak Bank. <\/p>\n\n\n\n

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

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

#5 Information Technology Stocks:  <\/strong>TCS, Infosys, Wipro, HCL TECH, 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

Bajaj Finance , Tata Power, M&M Finance , PNB, Deepak Nitrate, Graphite, Gujarat Pipavav, Reliance, Tata Motors , Ashok Leyland .  <\/p>\n\n\n\n

Trading View for Indian equity markets this Friday<\/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

9th April Stock Picks \u2014<\/strong>Bajaj Finance , M&M Finance,PNB, Tata Power<\/h2>\n\n\n\n

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

 (Watch YouTube Video Analysis here<\/strong> \u2013https:\/\/youtu.be\/DxxcyXtlo18 <\/a>)<\/p>\n\n\n\n

After a relatively positive trading day on Thursday, the view is that the Indian equity Markets will be looking to consolidate and look to Global cues to decide on the near term direction.<\/p>\n\n\n\n

The positive cues from the US Markets will emboldened the Bulls to take the markets towards 15200-15300 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 Profitable Friday in the Indian equity markets!<\/p>\n\n\n\n

\"Stock-market-today\"
INDIAN EQUITY MARKETS THIS FRIDAY 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":"

Will the Bulls be able to take Nifty Above to 15200 Levels in the indian equity markets This Friday ? The Thursday\u2019s Expiry Trading in the Indian equity markets was a Steady Session with Markets showing strength through out the day. The markets opened gap up and did try to regain some momentum towards 15000. The […]<\/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-3500","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\/3500","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=3500"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3500\/revisions"}],"predecessor-version":[{"id":3505,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3500\/revisions\/3505"}],"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=3500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}