{"id":3859,"date":"2021-07-15T21:14:39","date_gmt":"2021-07-15T15:44:39","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3859"},"modified":"2021-07-15T22:36:28","modified_gmt":"2021-07-15T17:06:28","slug":"friday-stock-market-outlook-16th-july-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/friday-stock-market-outlook-16th-july-2021\/","title":{"rendered":"Friday Stock Market Outlook 16th July 2021"},"content":{"rendered":"\n

Will Bulls be able to finally cross 16000 nifty levels on Friday?<\/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 and then continued to trade upwards.<\/p>\n\n\n\n

At the closing bell, the Indian equity markets made an all-time high. <\/p>\n\n\n\n

HCL, L&T, Tech Mahindra, HDFC Bank, UltraTech Cement, ITC, and Tata Steel were the main gainers in trade on Thursday's expiry day trading.<\/p>\n\n\n\n

 On the other hand, Bharti Airtel, M&M, Asian Paints, Titan, and Sun Pharma were among the losers in a day of positively trending weekly closing.<\/p>\n\n\n\n

After starting the day in a positive zone, The Nifty did move upwards throughout the second half of the trading day.<\/p>\n\n\n\n

Many I.T. Stocks like the LTTS, L&T Infotech, Masteck, Cyient all traded upwards anywhere between 5 to 20 percent. It was a frenzied buying in I.T. Stock after good guidance from Infosys, Mindtree, and LTTS.<\/p>\n\n\n\n

This Helped the Nifty made an all-time high closing towards the closing bell at 15924(+70) levels whereas the Sensex closed at 53,158(+255)levels.<\/p>\n\n\n\n

Most analysts feel that most investors are anticipating a strong economic recovery leading to IT Stocks rallying for the last 2 days.<\/p>\n\n\n\n

On Thursday\u2019s Expiry Trading day, Capital Goods, Cement, Real Estate, and Pharma stocks did show strength apart from the IT Sector.<\/p>\n\n\n\n

Most analysts believe Strong I.T.results may act as a trigger for the Fridays trading session.<\/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 trade upwards on the last trading day of the week.<\/p>\n\n\n\n

The Global cues will be an important trigger for the markets apart from the good results from the rest of the companies. 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 a volatile trading session on Friday on account of profit booking.<\/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, Equitas Holding, 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 Infosys, Wipro, LTTS, Tech Mahindra, L& T Infotech, Mastek are Likely to gain on the back of good I.T. Sector Results.<\/p>\n\n\n\n

The general Sentiments in the market seemed to have turned Bullish.<\/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>Wipro, 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

KPIT Tech, Equitas Holding, Cyient, ISGEC Heavy Engineering, Deepak Nitrate, Bajaj Finserve, Bandhan Bank, Coforge, Mahindra & Mahindra, LTI. <\/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

16th July Stock Picks \u2014<\/strong>Bajaj Finance,Godrej Consumer Products, Ramco Cements, Tata Chemicals.<\/h2>\n\n\n\n

Watch YouTube Video Analysis here<\/strong>\u2014https:\/\/youtu.be\/q3ChvTAib50<\/a> )<\/h3>\n\n\n\n

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

Most Analysts believe that the positive Cues from the US Markets on Thursday's closing will give momentum to 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\n\n\n

Image Source: Shutterstock<\/p>\n","protected":false},"excerpt":{"rendered":"

Will Bulls be able to finally cross 16000 nifty levels on Friday? The Indian Equity Markets opened slightly in the green in the early morning session on Thursday's expiry day trading and then continued to trade upwards. At the closing bell, the Indian equity markets made an all-time high. HCL, L&T, Tech Mahindra, HDFC Bank, […]<\/p>\n","protected":false},"author":1,"featured_media":3862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-3859","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\/3859","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=3859"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3859\/revisions"}],"predecessor-version":[{"id":3863,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3859\/revisions\/3863"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/3862"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=3859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}