{"id":3576,"date":"2021-04-29T23:17:51","date_gmt":"2021-04-29T17:47:51","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3576"},"modified":"2021-04-29T23:19:38","modified_gmt":"2021-04-29T17:49:38","slug":"fridays-stock-market-outlook-30th-april-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/fridays-stock-market-outlook-30th-april-2021\/","title":{"rendered":"Friday\u2019s Stock Market Outlook \u2013 30th April 2021"},"content":{"rendered":"\n

Will the Bulls be able to hold on to <\/strong>14800-14900 Nifty\u00a0Levels in the Indian equity markets This Friday ?<\/strong><\/h2>\n\n\n\n

The Thursday\u2019s Expiry\u00a0Trading in the Indian equity markets was a Volatile Session with Markets showing strength in the early morning session.<\/p>\n\n\n\n

The indices opened gap up and then selling happened at 15000+ levels.<\/p>\n\n\n\n

The Nifty swiftly came down to 14800 support levels in the afternoon session.<\/p>\n\n\n\n

Bajaj Finserv, Bajaj Finance, Axis Bank, Reliance Industries and IndusInd Bank were the major gainers.<\/p>\n\n\n\n

Bajaj Auto, HDFC, HCL Tech and L&T were among the losers on Thursdays expiry trading session.<\/p>\n\n\n\n

Finally the Thursday expiry closing happened at 14894 (+30) \u00a0Nifty levels and 49765 (+32)Sensex levels.<\/p>\n\n\n\n

In today\u2019s Trade, Metals , Financials and Pharma stocks were very strong.<\/p>\n\n\n\n

It will be interesting to see which way the Indian equity markets turn on the last day of trading week.<\/p>\n\n\n\n

The bulls and the bears both will see an opportunity to profit from the Fridays trading session since volatility is expected due to Assembly exit poll results.<\/p>\n\n\n\n

Most Analysts believe that the Cues from the Global Markets will play a major role in the direction of the markets in the near term.<\/p>\n\n\n\n

Fii\u2019s and Dii\u2019s buy \/sell figures on Thursda<\/strong>y<\/h2>\n\n\n\n

The Foreign institutional investors bought on Thursday \u00a0Rs 809 Crores whereas Domestic institutional investors Sold Rs 942 Crores.<\/p>\n\n\n\n

FII\u2019s resuming to buy will be a key factor going forward in deciding the direction for the Indian equity markets. <\/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 if the global markets are positive.<\/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.The second half of the session can be volatile trading session.<\/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 Banking and Financials gaining strength 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 in the coming days.<\/p>\n\n\n\n

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

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

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

\u00a0NBFC\u2019S \u2013 Bajaj Finance , PEL, Bajaj Finserve, Shriram Transport Finance will looking to move upwards as the bulls take control of the fridays trading session.<\/p>\n\n\n\n

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

The I.T Majors like  TCS ,Infosys, Tech Mahindra, HCL Tech , Wipro are Likely to gain if the global markets remain positive.<\/p>\n\n\n\n

Also Tata Motors, Ashok Leyland, Maruti, 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 Financails , Metals Sector , I.T 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 Friday<\/strong><\/h3>\n\n\n\n

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

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

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

#5 Information Technology Stocks: \u00a0\u00a0<\/strong>Wipro, TCS, Infosys, HCL TECH, LTTS.<\/p>\n\n\n\n

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

Motherson Sumi, Dr Reddy's, Maruti, HDFC LTD, Escorts, Deepak Nitrate, Graphite, Gujarat Pipavav, Tata Motors, Tata Chemical. \u00a0<\/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

30th April\u00a0Stock Picks \u2014<\/strong>\u00a0Motherson Sumi, Maruti, Dr Reddy's.<\/h2>\n\n\n\n

\u00a0(Watch YouTube Video Analysis here<\/strong>\u00a0\u2013https:\/\/youtu.be\/1V0UFe-yZY4<\/a>\u00a0) <\/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 14900-15000 levels\u2026<\/p>\n\n\n\n

Best wishes for a Cheerful Friday in the Indian equity markets!<\/strong><\/p>\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":"

Will the Bulls be able to hold on to 14800-14900 Nifty\u00a0Levels in the Indian equity markets This Friday ? The Thursday\u2019s Expiry\u00a0Trading in the Indian equity markets was a Volatile Session with Markets showing strength in the early morning session. The indices opened gap up and then selling happened at 15000+ levels. The Nifty swiftly […]<\/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-3576","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\/3576","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=3576"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3576\/revisions"}],"predecessor-version":[{"id":3579,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3576\/revisions\/3579"}],"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=3576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}