{"id":3831,"date":"2021-07-08T20:41:38","date_gmt":"2021-07-08T15:11:38","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3831"},"modified":"2021-07-08T20:51:21","modified_gmt":"2021-07-08T15:21:21","slug":"friday-stock-market-outlook-9th-july-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/friday-stock-market-outlook-9th-july-2021\/","title":{"rendered":"Friday Stock Market Outlook 9th July 2021"},"content":{"rendered":"\n

Will Bulls be able to recover from Thursday's Weakness and move towards 16000 Nifty Levels?<\/h2>\n\n\n\n

The Indian Equity Markets opened slightly in the green in the early morning session on Thursday's expiry day trading.<\/p>\n\n\n\n

Tata Steel, Sun Pharma, ICICI Bank, SBI, Kotak Bank, and Dr. Reddy were the main losers in a day of volatile Thursday expiry.<\/p>\n\n\n\n

On the other hand, Tech Mahindra, Bajaj Auto, PowerGrid, HCL Tech and NTPC were among the stocks that managed to close in the green.<\/p>\n\n\n\n

After starting the day in positive zone, The Indian equity markets quickly started to come down on weak global cues regarding the corona Delta variant fears and Hawkish comments from the US Fed.<\/p>\n\n\n\n

Finally the Nifty closed in deep red at 15,879( -151 ) whereas the Sensex closed weakly at 52,568(-485).<\/p>\n\n\n\n

Selling pressure was visible across the sectors amid high volatility throughout the trading day on Thursdays weekly expiry.<\/p>\n\n\n\n

Most analysts believe Strong TCS results may act as a trigger for the Fridays 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 Sold on Thursday Rs 554 Crores whereas Domestic institutional investors Sold Rs 949 Crores.<\/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 side ways trending on the last trading day of the week.<\/p>\n\n\n\n

The Global cues will be important trigger for the markets apart from the good results from TCS on thursday evening.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 on friday.<\/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 I.T Sector, Banking, and Financials Stocks looking to move upwards in the near term.<\/strong><\/p>\n\n\n\n

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

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

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

The private banks like HDFC BANK, Bandhan Bank , Rbl, ICICI Bank, Federal Bank, Kotak Bank, Axis Bank, will look to move further up.<\/p>\n\n\n\n

 NBFC\u2019S \u2013 Bajaj Finance , PEL, Bajaj Finserve, India bulls housing finance will be looking to move upwards.<\/p>\n\n\n\n

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

The I.T Majors like TCS, Infosys, LTTS, Tech Mahindra, L& T Infotech, Mastek are Likely to gain on the back of good TCS Results.<\/p>\n\n\n\n

The general Sentiments in the market seemed to have turned sideways.<\/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, 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> Bajaj Finance, HDFC LTD, Mahindra and Mahindra financial, India bulls Housing Finance, PEL.<\/p>\n\n\n\n

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

#5 Information Technology Stocks:  <\/strong>TCS, Coforge, Infosys, Mastek, 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

Equitas Holding, Gujarat Alkalies, ISGEC Heavy Engineering, Deepak Nitrate, Bajaj Finserve, Bandhan Bank, Coforge, Mahindra & Mahindra, LTI, NIIT.  <\/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

9th July Stock Picks \u2014<\/strong> Adani Enterprise, Alkem, Dr. Lal Path Labs, Pfizer.<\/h2>\n\n\n\n

Watch YouTube Video Analysis here<\/strong>\u2014https:\/\/youtu.be\/WhcZP5erOlg<\/a><\/strong> )<\/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 negative Cues from the US Markets on Thursday's closing will impact the trading in the Indian equity markets on Friday.<\/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 Bulls be able to recover from Thursday's Weakness and move towards 16000 Nifty Levels? The Indian Equity Markets opened slightly in the green in the early morning session on Thursday's expiry day trading. Tata Steel, Sun Pharma, ICICI Bank, SBI, Kotak Bank, and Dr. Reddy were the main losers in a day of volatile […]<\/p>\n","protected":false},"author":1,"featured_media":3834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-3831","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\/3831","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=3831"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3831\/revisions"}],"predecessor-version":[{"id":3836,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3831\/revisions\/3836"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/3834"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=3831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}