{"id":3597,"date":"2021-05-05T21:21:11","date_gmt":"2021-05-05T15:51:11","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3597"},"modified":"2021-05-19T22:49:47","modified_gmt":"2021-05-19T17:19:47","slug":"thursday-stock-market-outlook-6th-may-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/thursday-stock-market-outlook-6th-may-2021\/","title":{"rendered":"Thursday Stock Market Outlook 6th May 2021"},"content":{"rendered":"\n

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

Will the Monthly expiry happen around 14800 nifty levels on this Thursday ?<\/strong><\/h2>\n\n\n\n

The Wednesdays trading session belonged to the bulls who seemed to be in control from the morning trading session itself. The Positive trigger for the indian equity markets on wednesday was the RBI Governor meet at 10am.<\/p>\n\n\n\n

The Indian Markets maintained the positive outlook after the Rbi meet. The Pharma and Financial stocks gained on back of some measures announced by the RBI Governor. <\/p>\n\n\n\n

Sun Pharma, Kotak Bank, Axis Bank, IndusInd Bank, ICICI Bank, Dr Reddy's, Titan and TCS were the major gainers on Wednesday.<\/p>\n\n\n\n

Bajaj Finance, Asian Paints and HUL were on the losing side.<\/p>\n\n\n\n

 NSE Nifty finally closed at  14,617 (+121) whereas the Sensex closed at 48677(+424 ) at wednesday's closing bell.<\/p>\n\n\n\n

Most Market analysts believe that the markets will be moving upwards in the near term.<\/p>\n\n\n\n

The Banking , Pharma Sector and the Metals Sectors will be keenly watched by the traders.  <\/p>\n\n\n\n

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

The Foreign institutional investors sold on Wednesday Rs 1110 Crores whereas the Domestic institutional investors sold Rs 240 Crores.<\/p>\n\n\n\n

FII\u2019s starting to buy will help the bulls to make a move towards 14800 nifty levels.<\/p>\n\n\n\n

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

Most experts expect the indices to continue to be positive with the expiry expected at 148000 Nifty levels.<\/p>\n\n\n\n

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

There seems to be a possibility of the Banking , Pharma Sector, Metals going up in the coming days.<\/strong><\/p>\n\n\n\n

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

The private banks like HDFC Bank, Icici Bank , Federal Bank, Indusind Bank will move up in case of any positive triggers.<\/p>\n\n\n\n

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

 NBFC\u2019S \u2013 PEL, Bajaj Twins, 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 are looking to bounce back in the coming days.<\/p>\n\n\n\n

Tata Motors, Ashok Leyland, Tvs Motors will be in the radar of traders.<\/p>\n\n\n\n

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

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

Cement stocks like Grasim , Shree Cement , Dalmia Bharat ,Ramco Cement are likely to show strength in the short term.<\/p>\n\n\n\n

The market seemed to have turned bullish with traders looking for positive local cues for taking nifty upwards to 14800-15000 levels..<\/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, Banking, Pharma, I.T Sector, Cement Sector Stocks.<\/p>\n\n\n\n

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

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

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

# 5 Pharma Stocks: <\/strong> Cipla, Cadila, Lauras Labs, DrReddy\u2019s, Sun Pharma.<\/p>\n\n\n\n

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

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

Deepak Nitrate ,Vedanta, JSW Steel, Reliance, Tata Motors, ,Graphite, Eicher Motors, Hindalco, India Bulls Housing LTD, M&M..<\/p>\n\n\n\n

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

The view in the Indian equity Markets is that the volatility in the markets will remain.<\/p>\n\n\n\n

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

6th MAY Stock Picks<\/strong> \u2014  Eicher Motors, Hindalco, India Bulls Housing LTD, M&M.<\/p>\n\n\n\n

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

Best wishes for a Cheerful Thursday 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 Thursday Morning Will the Monthly expiry happen around 14800 nifty levels on this Thursday ? The Wednesdays trading session belonged to the bulls who seemed to be in control from the morning trading session itself. The Positive trigger for the indian equity markets on wednesday was the RBI Governor meet at 10am. […]<\/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-3597","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\/3597","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=3597"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3597\/revisions"}],"predecessor-version":[{"id":3599,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3597\/revisions\/3599"}],"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=3597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}