{"id":3590,"date":"2021-05-04T21:06:18","date_gmt":"2021-05-04T15:36:18","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3590"},"modified":"2021-05-05T08:19:49","modified_gmt":"2021-05-05T02:49:49","slug":"wednesday-stock-market-outlook-5th-may-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/wednesday-stock-market-outlook-5th-may-2021\/","title":{"rendered":"Wednesday Stock Market Outlook \u2013 5th May 2021"},"content":{"rendered":"\n

Stock Market This Wednesday Morning<\/strong><\/h2>\n\n\n\n

Will the Nifty go above 14600 or fall towards 14350 levels on This Wednesday ?<\/h2>\n\n\n\n

The Tuesday trading session in the Indian equity markets was a day of big volatility with the indices closing in the red.<\/p>\n\n\n\n

Indian equity markets started the day with a gap up opening.The Bulls seem to be in control till mid-afternoon session. Then the sudden selling happened and brought the nifty back to the crucial 14500 levels at closing bell.<\/p>\n\n\n\n

In Today\u2019s trading session, Dr Reddy's, Reliance Industries, Sun Pharma, HDFC twins, Infosys, M&M and PowerGrid were the main losers.<\/p>\n\n\n\n

ONGC, Bajaj Finance, TCS, Nestle India and SBI were on the gaining side.<\/p>\n\n\n\n

Finally at closing bell , the Nifty dropped to 14,496 ( - 137) whereas the Sensex closed at  48,253 (-465).<\/p>\n\n\n\n

In Tuesdays trade, buying was seen in the public sector, oil & gas and utilities, whereas selling pressure was mainly in healthcare, energy, telecom, and consumer durables.<\/p>\n\n\n\n

It is seen that a increase in covid cases is still a matter of concern, modest decline in new cases in many parts like Maharashtra and Delhi offers some positive comfort to the markets.<\/p>\n\n\n\n

Experts believe that if the Nifty holds above 14,500 , then an upmove towards 14,700 and 14,800 can be expected if the Fii buying resumes.On the other lower side, the support exists at 14,400 and 14,250 zones.<\/p>\n\n\n\n

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

The Foreign institutional investors sold on Tuesday Rs 1772 Crores whereas Domestic institutional investors bought Rs 987 Crores.<\/p>\n\n\n\n

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 14700 nifty levels.<\/p>\n\n\n\n

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

Most experts expect that if FII\u2019S starting to buy again, the indices will go upwards in the coming few days.<\/p>\n\n\n\n

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

There seems to be a possibility of the banking and financial sector bouncing bank to higher levels.<\/p>\n\n\n\n

The Metals & Chemicals Sector also will be keenly watched by the traders.<\/p>\n\n\n\n

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

PSU Banks like Canara Bank, Karnataka Bank; Bank of Baroda, Showed good momentum on tuesday trading session. They are likely to go up further in the coming days.<\/p>\n\n\n\n

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

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

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

The I.T Majors like Wipro, TCS, Infosys, Tech Mahindra, Co-forge and HCL Tech can move up quickly.<\/p>\n\n\n\n

The Mid- Cap I.T. Stocks like LTTS, Mastek, Intellect Design, Sonata Software also can be watched keenly for any upwards move in the days to come.<\/p>\n\n\n\n

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

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

Pharma stocks like Cadila, Glenmark Pharma, Lupin, Divi\u2019s Lab , Dr Reddy\u2019s, Cipla and Sun Pharma are expected to give good returns in the short term.<\/p>\n\n\n\n

The general Sentiments in the market seemed to have turned neutral. The traders will be looking for global cues to take the markets to new highs in the coming week.<\/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 Metals and Chemicals Sector, 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 Wednesday.<\/strong><\/h2>\n\n\n\n

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

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

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

#5 Information Technology Stocks: <\/strong>LTTS ,Tech Mahindra , TCS,  HCL TECH, Wipro.<\/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 Auto, L&T, HDFC LTD, Motherson Sumi, India Bulls housing , SBI,Rbl Bank , Graphite, Adani Port , Bandhan Bank .  <\/p>\n\n\n\n

Trading View for Indian equity markets this Wednesday 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

5TH MAY March Stock Picks \u2014 <\/strong>Bajaj Auto , HDFC LTD, L&T.<\/p>\n\n\n\n

 ( Watch YouTube Video Analysis here \u2013https:\/\/youtu.be\/_6fH_zRjb1U<\/a> <\/strong> )<\/strong><\/p>\n\n\n\n

After a Volatile 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

 Most Analysts expect the markets to reach 14500-600 levels for Expiry on Thursday.<\/strong><\/p>\n\n\n\n

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

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

Best wishes for a Cheerful Wednesday 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 This Wednesday Morning Will the Nifty go above 14600 or fall towards 14350 levels on This Wednesday ? The Tuesday trading session in the Indian equity markets was a day of big volatility with the indices closing in the red. Indian equity markets started the day with a gap up opening.The Bulls seem […]<\/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-3590","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\/3590","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=3590"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3590\/revisions"}],"predecessor-version":[{"id":3596,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3590\/revisions\/3596"}],"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=3590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}