{"id":3534,"date":"2021-04-19T21:03:15","date_gmt":"2021-04-19T15:33:15","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3534"},"modified":"2021-04-20T08:05:39","modified_gmt":"2021-04-20T02:35:39","slug":"tuesday-stock-market-outlook-20th-april-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/tuesday-stock-market-outlook-20th-april-2021\/","title":{"rendered":"Tuesday Stock Market Outlook \u2013 20th April 2021"},"content":{"rendered":"\n

Stock Market Today This Tuesday Morning<\/strong><\/h2>\n\n\n\n

Can the Indian Equity Markets recover from Monday\u2019s setback to scale higher on this Tuesday? <\/strong><\/h2>\n\n\n\n

The Indian equity markets crashed in the early morning trade on this Monday.<\/p>\n\n\n\n

The Nifty dropped down nearly 400 points in early trade to 14200 levels while sensex fell nearly 900 points.<\/p>\n\n\n\n

The bank nifty at one point was down 1800+ points from Fridays closing.<\/p>\n\n\n\n

Amongst the stocks,Power Grid, ONGC, IndusInd Bank, Kotak Bank, L&T, Asian Paints, Bajaj Auto all ended up in the red.<\/p>\n\n\n\n

On the positive side was Dr, Reddy's and Infosys.<\/p>\n\n\n\n

Except Pharma and IT, all other sectors did see sharp correction.<\/p>\n\n\n\n

Auto Sector and Financials did fall  most on a day where the bears where in control from the start.<\/p>\n\n\n\n

Finally, some buying happened towards the closing bell with Nifty closing at 14359  (-258) and Sensex ended at 47949 (-882).<\/p>\n\n\n\n

The outlook for the near term will depend on the fast worsening covid situations.<\/p>\n\n\n\n

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

The Foreign institutional investors sold on monday Rs 1633 Crores whereas Domestic institutional investors bought Rs 2355 Crores.<\/p>\n\n\n\n

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

\u00a0The U.S. Markets closed on Friday with slight negative cues.The Dow Jones closed in at 34,077(-123), S&P at 4163(-22) whereas NASDAQ closed in at 13940 (-137).The U S markets the profit booking happened after making Daily highs for nearly 12 days in all the indices.<\/p>\n\n\n\n

For the coming week, most analysts believe that Indian markets will be volatile.<\/p>\n\n\n\n

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

Most experts believe that the indian equity markets will continue to be under severe selling pressure in the near term.<\/p>\n\n\n\n

The downward movement will continue unless the FII buying happens and the economic impact of second wave of corona is less than anticipated.<\/p>\n\n\n\n

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

There seems to be a possibility of the I.T., Pharma and the defensive stocks doing well in the coming days.<\/strong><\/p>\n\n\n\n

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

Financials & Private banks like Axis Bank, Icici Bank, Bandan Bank, Indusind Bank, Kotak Bank, HDFC Bank will look to recover from the mondays lows.<\/p>\n\n\n\n

PSU Banks like Canara Bank, Karnataka Bank; Bank of Baroda can be accumulated for decent gains in near future.<\/p>\n\n\n\n

 NBFC\u2019S \u2013 PEL, Bajaj Twins, Shriram Transport Finance will give good opportunity to buy on dips. Series.<\/p>\n\n\n\n

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

Major I.T. Companies can be accumulated for a decent upside as investors move to defensive sectors in the coming days.<\/p>\n\n\n\n

I.T Majors like Wipro, Infosys, Co-Forge , Tech Mahindra, and HCL Tech are bound to gain in the coming days.<\/p>\n\n\n\n

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

Cement stocks like Shree Cement , Dalmia Bharat ,Ramco Cement are likely to show strength as the broader market looks to gain some strength after the mondays severe jolt.<\/p>\n\n\n\n

Pharma stocks like Cadila, Glenmark Pharma, Dr Reddy\u2019s, Lupin, Divi\u2019s Lab, Cipla, and Sun Pharma are expected to do good 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 Pharma Sector, I.T Sector, Banking Sector, NBFC Sector, FMCG Stocks and Cement sector Stocks.<\/p>\n\n\n\n

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

# 5 Banking Stocks:<\/strong> RBL Bank, HDFC Bank, Axis Bank, ICICI Bank, Federal Bank. <\/p>\n\n\n\n

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

# 5 Pharma Stocks: <\/strong>Cadila,DrReddy\u2019s, Divi\u2019s Lab, Cipla, Glenmark Pharma.<\/p>\n\n\n\n

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

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

Bharti Airtel, Petronet, Tata Consumer, Tata Power, Adani Enterprise, Kotak Bank, Reliance, Deepak Nitrate, Adani Port, Graphite  <\/p>\n\n\n\n

Trading View for Indian equity markets this Tuesday Morning<\/strong><\/h2>\n\n\n\n

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

20TH April Stock Picks \u2014 Hindalco, Coforge.<\/strong><\/p>\n\n\n\n

 ( Watch YouTube Video Analysis here \u2013 <\/strong>https:\/\/youtu.be\/jkbYnKufWZM <\/a> )<\/p>\n\n\n\n

After a weak trading day on Monday, the view is that for the Indian equity Markets the bulls will need strong buying from Fii\u2019s. This will help the Nifty to cross the 14500 -14600 levels on Tuesday.<\/p>\n\n\n\n

INDIAN EQUITY MARKETS THIS TUESDAY MORNING!<\/strong><\/p>\n\n\n\n

Best wishes for a Cheerful Tuesday in the Indian equity markets!<\/strong><\/h2>\n\n\n\n
\"Markets<\/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\n\n\n

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

Stock Market Today This Tuesday Morning Can the Indian Equity Markets recover from Monday\u2019s setback to scale higher on this Tuesday? The Indian equity markets crashed in the early morning trade on this Monday. The Nifty dropped down nearly 400 points in early trade to 14200 levels while sensex fell nearly 900 points. The bank […]<\/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-3534","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\/3534","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=3534"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3534\/revisions"}],"predecessor-version":[{"id":3541,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3534\/revisions\/3541"}],"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=3534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}