{"id":3633,"date":"2021-05-20T22:06:30","date_gmt":"2021-05-20T16:36:30","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3633"},"modified":"2021-05-24T01:29:27","modified_gmt":"2021-05-23T19:59:27","slug":"friday-stock-market-outlook-21st-may-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/friday-stock-market-outlook-21st-may-2021\/","title":{"rendered":"Friday Stock Market Outlook 21st May 2021"},"content":{"rendered":"\n

Will the Nifty Close above 15100 This Friday in the Indian equity markets?<\/strong><\/h2>\n\n\n\n

Thursday\u2019s Expiry Trading in the Indian equity markets was a day of Consolidation with a late afternoon sell-off towards the closing bell.<\/p>\n\n\n\n

The morning session started with the indices opening flat and then in the afternoon slowly continued to go down slowly and steadily. The minor bounce back was sold into in the sudden post 2 pm selling especially in the metals sector.<\/p>\n\n\n\n

Finally, in the Thursdays Expiry trading seesion, the Sensex 49564(-337) as well as the Nifty at 14906(-124 )closed in the negative.<\/p>\n\n\n\n

ONGC,  Sun Pharma, PowerGrid, Axis Bank, HDFC Bank, Bharti Airtel and Kotak Bank were the main losers in trade on weekly expiry Thursday.<\/p>\n\n\n\n

On the other hand, M&M, IndusInd Bank, Titan, L&T, and Bajaj Finserv were among the gainers. The Indian Equity markets closed in the red due to weak global cues.<\/p>\n\n\n\n

Most Analysts believe that the Positive Cues from the US Markets on Thursday closing will help the Indian equity markets on Friday\u2019s trading session.<\/p>\n\n\n\n

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

The Foreign institutional investors Bought on Thursday Rs 71 Crores whereas Domestic institutional investors Sold Rs 876 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 volatile trading with Positive bias due to the global positive sentiments.<\/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.<\/p>\n\n\n\n

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 Agri-Fertiliser Stocks, Banking and Financials Stocks gaining for last few days.<\/strong><\/p>\n\n\n\n

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

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

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.<\/p>\n\n\n\n

 NBFC\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 Wipro ,TCS ,Infosys, Tech Mahindra, HCL Tech, 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 Bullish 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 Financials, 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> HDFC Bank, Federal Bank, Icici Bank, RBL Bank, Axis Bank. <\/p>\n\n\n\n

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

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

#5 Information Technology Stocks:  <\/strong>Wipro, Coforge, 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

PI Industries , Motherson Sumi, Dr Reddy\u2019s, Maruti, Bajaj Finserve, Deepak Nitrate, Apollo Tyres, Bandhan Bank, Coforge, Tata Motors.  <\/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

21th May\u00a0Stock Picks \u2014<\/strong>\u00a0Bajaj Finserve, Coforge, SBI, Zee Ltd.<\/h2>\n\n\n\n

Watch YouTube Video Analysis here<\/strong>-- https:\/\/youtu.be\/xNqmAtnBBV4<\/a>)<\/h3>\n\n\n\n

After a relatively weak trading day on Thursday, the view is that the Indian equity markets will be looking to consolidate and move upwards.<\/p>\n\n\n\n

Most Analysts believe that the Positive Cues from the US Markets on Thursday closing will help the Indian equity markets in Friday\u2019s trading Session.<\/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 Nifty Close above 15100 This Friday in the Indian equity markets? Thursday\u2019s Expiry Trading in the Indian equity markets was a day of Consolidation with a late afternoon sell-off towards the closing bell. The morning session started with the indices opening flat and then in the afternoon slowly continued to go down slowly and […]<\/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-3633","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\/3633","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=3633"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3633\/revisions"}],"predecessor-version":[{"id":3641,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3633\/revisions\/3641"}],"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=3633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}