{"id":3610,"date":"2021-05-11T21:16:02","date_gmt":"2021-05-11T15:46:02","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3610"},"modified":"2021-05-11T21:16:04","modified_gmt":"2021-05-11T15:46:04","slug":"wednesday-stock-market-outlook-12th-may-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/wednesday-stock-market-outlook-12th-may-2021\/","title":{"rendered":"Wednesday Stock Market Outlook \u2013 12th May 2021"},"content":{"rendered":"\n

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

Will the Nifty fall towards 14650-14700 levels on This Wednesday ?<\/h2>\n\n\n\n

The Tuesday trading session in the Indian equity markets was a day of mild weakness as the indices recovered from the morning lows during the day. Indian equity markets started the day with a gap down opening.<\/p>\n\n\n\n

The Markets quickly bounced back nearly 100 points and only gave off 50 points towards the closing bell..Then the sudden selling in the global markets did hamper the positive sentiments of the Indian equity markets.<\/p>\n\n\n\n

Kotak Bank was the top loser in the Sensex pack, shedding 3 per cent, followed by HDFC, Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL and Titan.<\/p>\n\n\n\n

On the other hand, NTPC, ONGC, PowerGrid, Sun Pharma, UltraTech Cement and SBI were among the gainers.<\/p>\n\n\n\n

Sectorwsie, buying was seen in utilities, oil & gas, public sector, power, and infrastructure stocks, while selling was seen in metals, finance, banks, and IT stocks.<\/p>\n\n\n\n

Finally at closing bell on Tuesday, the nifty ended at 14850(-91) whereas the Sensex closed at 49850(340).<\/p>\n\n\n\n

The sentiments in the global markets have turned bearish in the last couple of days and the same will be a factor on Wednesdays expiry trading session.<\/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 Rs336 Crores whereas Domestic institutional investors sold Rs 676 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 14650-14700 nifty levels on wednesday.<\/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

The PSU sector was in the limelight on tuesday and the same is expected on Wednesday too.<\/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

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

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

The general Sentiments in the market seemed to have turned bearish. The traders will be looking for global cues for direction in the coming days.<\/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 PSU sector and Chemicals 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

PI Industries, Tata Motors, L&T, Bandhan Bank, Motherson Sumi, India Bulls housing , SBI,Rbl Bank ,Hindalco, M&M. \u00a0<\/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

12TH MAY March Stock Picks \u2014\u00a0<\/strong>Bandhan Bank, Hindalco, M&M<\/p>\n\n\n\n

\u00a0( Watch YouTube Video Analysis here \u2013<\/strong>https:\/\/youtu.be\/n8dd89OLdbI<\/a>\u00a0)<\/strong><\/p>\n\n\n\n

After a weak day of trading on Tuesday , the view is that the Indian equity Markets is that the bulls can be back only if the selling stops in the Global Markets and Fii resumes Buying.<\/p>\n\n\n\n

Most Analysts expect the markets to reach 14600-700 levels for Expiry on Wednesday.<\/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 fall towards 14650-14700 levels on This Wednesday ? The Tuesday trading session in the Indian equity markets was a day of mild weakness as the indices recovered from the morning lows during the day. Indian equity markets started the day with a gap down opening. The Markets […]<\/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-3610","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\/3610","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=3610"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3610\/revisions"}],"predecessor-version":[{"id":3611,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3610\/revisions\/3611"}],"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=3610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}