{"id":3602,"date":"2021-05-09T20:27:49","date_gmt":"2021-05-09T14:57:49","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3602"},"modified":"2021-05-09T20:27:51","modified_gmt":"2021-05-09T14:57:51","slug":"monday-stock-market-outlook-10th-may-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/monday-stock-market-outlook-10th-may-2021\/","title":{"rendered":"Monday Stock Market Outlook 10th May 2021"},"content":{"rendered":"\n

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

Will the Nifty be able to sustain above 15000 this Monday Trading session?<\/strong><\/h2>\n\n\n\n

The Fridays trading session in the Indian equity markets was a day of positive momentum day with a green screen at closing bell.<\/p>\n\n\n\n

The markets opened gap up and move upwards but then some selling pressure came to bring nifty 100 odd points down.<\/p>\n\n\n\n

However, in the afternoon trade the bulls regain control n the nifty did scale higher .The Indian equity Markets on the last day of trading week finally closed positively with the BSE index ended at 49,206 (+256) while the Nifty closed at 14,823 (+98).<\/p>\n\n\n\n

HDFC, Bajaj Finserv, M&M, NTPC, Bharti Airtel, UltraTech Cement and ONGC were the major gainers.<\/p>\n\n\n\n

Bajaj Auto, Bajaj Finance, Infosys and Kotak Bank were among losers in trade on friday .<\/p>\n\n\n\n

Experts believe that  favourable global cues and continued traction in financials (ex- PSU banks) and metals helped the Indian equity markets to have a strong closing on Friday.<\/p>\n\n\n\n

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

\u00a0The U.S. Markets closed on Friday in the negative. The Dow Jones closed in at 34778(+224), S&P at 4233(+30) whereas NASDAQ closed in at 13752 (+119).<\/p>\n\n\n\n

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

If the FII\u2019s resume to buy in a big way, It will help the indian equity markets in a big way to move upwards.<\/p>\n\n\n\n

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

The Foreign institutional investors sold on Friday Rs 1142 Crores whereas Domestic institutional investors bought Rs 1468 Crores.<\/p>\n\n\n\n

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

Most experts expect the indices to continue to be volatile with a upward bias for the coming few days .<\/p>\n\n\n\n

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

There seems to be a possibility of the Pharma & I.T. doing really good whereas banking and financial sector will be looking to regain strength..<\/strong><\/p>\n\n\n\n

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

The private banks like Indusind Bank ,Icici Bank, Federal Bank, Kotak Bank, HDFC Bank will look to move upwards in the coming days.<\/p>\n\n\n\n

NBFC\u2019S \u2013 Mahindra and Mahindra Financial Services, 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 like Wipro, TCS, Infosys, Tech Mahindra, and HCL Tech are looking to move upwards after a mixed week.<\/p>\n\n\n\n

Also Tata Motors, Ashok Leyland are expected to be gaining momentum.<\/p>\n\n\n\n

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

Cement stocks like Grasim , ACC, Ultratech Cement, Ambuja Cement,  Grasim, Shree Cement, Dalmia Bharat, Ramco Cement are likely to show strength.<\/p>\n\n\n\n

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

The general Sentiments in the market seemed to have turned positive for Pharma Sector .<\/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, FMCG Stocks, and Cement sector Stocks.<\/p>\n\n\n\n

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

# 5 Banking Stocks:<\/strong> Indusind , ICICI BANK , HDFC Bank, Rbl Bank, Kotak Bank. <\/p>\n\n\n\n

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

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

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

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

Tata Power, L&T Finance, M&M Finance , Reliance, Container Corporations, Tata Metallic, Ultra Tech Cement,, Graphite, Adani Port, Adani Power.<\/p>\n\n\n\n

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

After a Positive day of trading on Friday, the view in the Indian equity Markets is that the indian equity markets will be volatile with positive bias on monday.<\/p>\n\n\n\n

The cues from the Global Markets will be important trigger to take the markets upwards.<\/p>\n\n\n\n

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

Expert Ansul Jain-<\/strong><\/p>\n\n\n\n

10th May Stock Picks \u2014<\/strong>\u00a0L& T Finance, M&M Finance , Tata Power.<\/p>\n\n\n\n

Watch YouTube Video Analysis here \u2013<\/strong>(https:\/\/youtu.be\/EgP__udM6XM<\/a>)<\/p>\n\n\n\n

Best wishes for a Cheerful Monday 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 Monday Morning Will the Nifty be able to sustain above 15000 this Monday Trading session? The Fridays trading session in the Indian equity markets was a day of positive momentum day with a green screen at closing bell. The markets opened gap up and move upwards but then some selling pressure came […]<\/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-3602","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\/3602","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=3602"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3602\/revisions"}],"predecessor-version":[{"id":3603,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3602\/revisions\/3603"}],"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=3602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}