{"id":3571,"date":"2021-04-27T22:00:32","date_gmt":"2021-04-27T16:30:32","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3571"},"modified":"2021-04-27T22:00:34","modified_gmt":"2021-04-27T16:30:34","slug":"wednesday-stock-market-outlook-28th-april-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/wednesday-stock-market-outlook-28th-april-2021\/","title":{"rendered":"Wednesday Stock Market Outlook \u2013 28th April 2021"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Stock Market This Wednesday Morning<\/strong><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Will the Nifty Scale above 14800 levels on This Wednesday ?<\/h2>\n\n\n\n<p>The Tuesday trading session in the Indian equity markets was a day of positive momentum with the indices closing strongly in the green.<\/p>\n\n\n\n<p>Indian equity markets started the day with a gap up opening .The Bulls strongly defended the support levels and didnt allow the bears to bring down the nifty on Tuesdays trading.<\/p>\n\n\n\n<p>&nbsp;Reliance Industries,L&amp;T, Bajaj Finance, IndusInd Bank, SBI and HDFC Bank were amongst the gainers on Tuesday.<\/p>\n\n\n\n<p>Dr Reddy\u2019s, Maruti, NTPC, Kotak Bank, Nestle India were on the losing side.<\/p>\n\n\n\n<p>Finally the Indian equity market closed in green with Nifty at 14653 (+ 168) whereas Sensex closed at 48,944 (+557.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Metals, Capital Goods, and Banking Sector was strong whereas the Pharma sector came in for some profit booking.<\/p>\n\n\n\n<p>The BSE healthcare ,Metals and Realty indices showed strength in the early morning trade while banking sector saw weakness.<\/p>\n\n\n\n<p>Among individual stocks, a price and volume spike was seen in SAIL, Deepak Nitrate ,Navin Fluorine International and Granules ,Graphite , HEG.<\/p>\n\n\n\n<p>The Positive Global sentiments helped the Indian markets to maintain the positive momentum on Tuesdays trading.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Fii\u2019s and Dii\u2019s buy \/sell figures on Tuesday .<\/strong><\/h2>\n\n\n\n<p>The Foreign institutional investors sold on Tuesday Rs 1454  Crores whereas Domestic institutional investors bought Rs 1463 Crores.<\/p>\n\n\n\n<p>If the FII\u2019s start to buy then it will be a big positive for the upmove in the markets . Most analysts are expecting the markets upwards towards 15000 nifty levels.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Analysis for Indian Equity Market Wednesday\u2019s Trading<\/strong><\/h2>\n\n\n\n<p>Most experts expect that if FII\u2019S starting to buy again, the indices will continue to trend upwards for the coming few days.<\/p>\n\n\n\n<p><strong>Stocks to watch out for this Wednesday Morning in the Indian Equity Markets<\/strong><\/p>\n\n\n\n<p>There seems to be a possibility of the banking and financial sector bouncing bank to higher levels.<\/p>\n\n\n\n<p>The Metals &amp; Chemicals Sector also will be keenly watched by the traders since both showed tremendous strength on Tuesday.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Banking and Financial Sector<\/strong><\/h3>\n\n\n\n<p>Private banks like HDFC Bank , ICICI Bank, Bandan Bank, Indusind Bank , Kotak Bank , Axis Bank, Federal Bank, will look to consolidate and move further up.<\/p>\n\n\n\n<p>PSU Banks like Canara Bank, Karnataka Bank; Bank of Baroda is likely to go up further in the coming days<\/p>\n\n\n\n<p>&nbsp;NBFC\u2019S \u2013 Bajaj Finance , Mahindra and Mahindra Financial Services, PEL, Bajaj finserve, Shriram Transport Finance will under the radar of the traders.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Technology Sector<\/strong><\/h3>\n\n\n\n<p>The I.T Majors like Wipro, TCS, Infosys, Tech Mahindra, Co-forge and HCL Tech can move up quickly.<\/p>\n\n\n\n<p>The Mid- Cap I.T. Stocks like Mastek, Intellect Design, Sonata Software also can be watched keenly for any upwards move in the days to come.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pharma and Cement stocks<\/strong><\/h3>\n\n\n\n<p>Cement stocks like Grasim , Shree Cement , Dalmia Bharat ,Ramco Cement are likely to gain from here as the broader market looks to maintain the upwards momentum from Tuesday\u2019s session.<\/p>\n\n\n\n<p>Pharma stocks like Glenmark Pharma, Lupin, Divi\u2019s Lab , Dr Reddy\u2019s, Cipla, Sun Pharma, and Cadila are expected to give good returns in the short term.<\/p>\n\n\n\n<p>The general Sentiments in the market seemed to have turned midly positive.The traders will be looking for global cues to take the markets to new highs in the coming week.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Stocks to watch out for in the Indian equity markets<\/strong><\/h2>\n\n\n\n<p>The stocks to keep an eye on in the Indian equity markets will be the Metals and Chemicals Sector, I.T Sector, Banking Sector, NBFC Sector , Pharma Stocks, FMCG Stocks, and Cement sector Stocks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Keep these stocks under your radar for Trading and investments on Wednesday.<\/strong><\/h2>\n\n\n\n<p><strong># 5 Banking Stocks:<\/strong>\u00a0Axis Bank , \u00a0HDFC Bank , Indusind Bank, Rbl Bank, ICICI Bank.\u00a0<\/p>\n\n\n\n<p><strong>#5 NBFC Stocks:&nbsp;<\/strong>PET , HDFC LTD,&nbsp;IBull Housing, Shriram Transport, Bajaj Finserve.<\/p>\n\n\n\n<p><strong># 5 Pharma Stocks:\u00a0<\/strong>Sun Pharma, Cadila, DrReddy\u2019s, Divi\u2019s Lab, Glenmark Pharma.<\/p>\n\n\n\n<p><strong>#5 Information Technology Stocks:&nbsp;<\/strong>Co-forge , Tech Mahindra , TCS, &nbsp;HCL TECH, Wipro.<\/p>\n\n\n\n<p><strong>#10 Other Main Stocks to watch out<\/strong>&nbsp;for on this Wednesday Morning in the Indian Equity Markets:<\/p>\n\n\n\n<p>HDFC LTD, M&amp;M, Motherson Sumi, India Bulls housing , SBI,Rbl Bank , Tata Motors , Deepak Nitrate, Adani Port , Bandhan Bank . \u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Trading View for Indian equity markets this Wednesday Morning<\/strong><\/h2>\n\n\n\n<p>#&nbsp;<strong>Stocks to Watch for Trading from&nbsp;<a href=\"http:\/\/www.lakshmishree.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">LakshmiShree&nbsp;<\/a>in-house Technical Expert Ansul Jain-<\/strong><\/p>\n\n\n\n<p><strong>28TH April March Stock Picks \u2014\u00a0<\/strong>HDFC LTD, M&amp;M, Motherson Sumi. <\/p>\n\n\n\n<p><strong>\u00a0( Watch YouTube Video Analysis here \u2013<\/strong>\u00a0\u00a0<a href=\"https:\/\/youtu.be\/kLh-YLNUsqs\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/youtu.be\/kLh-YLNUsqs<\/a> <strong>)<\/strong><\/p>\n\n\n\n<p>After a positive day of trading on Tuesday , the view is that the Indian equity Markets is that the bulls will to be back with a little help from the Global Markets and Fii Buying.<\/p>\n\n\n\n<p><strong>\u00a0Most Analysts expect the markets to reach 14800-900 levels for April Expiry on Thursday.<\/strong><\/p>\n\n\n\n<p>Best wishes for a Profitable Wednesday in the Indian equity markets!<\/p>\n\n\n\n<p><strong>INDIAN EQUITY MARKETS THIS WEDNESDAY MORNING!<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Best wishes for a Cheerful Wednesday in the Indian equity markets!<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\" id=\"block-8705114b-58f6-4a84-96c9-397e12137cb8\"><img decoding=\"async\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2020\/12\/Market-650x366.png\" alt=\"Markets This Thursday Morning- Cheerful Trading\"\/><\/figure>\n\n\n\n<p id=\"block-7f68943d-ce02-4060-9274-23d19b93cf51\">We do conduct Pre-Market Analysis webinars daily in the morning. You can join this live webinar of today through our&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.facebook.com\/LakshmishreeGroup\" target=\"_blank\"><strong>Facebook Page<\/strong><\/a>&nbsp;&amp;&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.youtube.com\/c\/ShreeVarahii\/featured\" target=\"_blank\"><strong>Youtube Channel<\/strong><\/a>.<\/p>\n\n\n\n<p id=\"block-1fa8eefc-a820-4e22-b19f-c78587b3263e\">Cheerful Trading !!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock Market This Wednesday Morning Will the Nifty Scale above 14800 levels on This Wednesday ? The Tuesday trading session in the Indian equity markets was a day of positive momentum with the indices closing strongly in the green. Indian equity markets started the day with a gap up opening .The Bulls strongly defended the [&hellip;]<\/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-3571","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\/3571","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=3571"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3571\/revisions"}],"predecessor-version":[{"id":3572,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3571\/revisions\/3572"}],"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=3571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}