{"id":3896,"date":"2021-07-28T21:41:04","date_gmt":"2021-07-28T16:11:04","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3896"},"modified":"2021-07-28T21:41:11","modified_gmt":"2021-07-28T16:11:11","slug":"thursday-stock-market-outlook-29th-july-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/thursday-stock-market-outlook-29th-july-2021\/","title":{"rendered":"Thursday Stock Market Outlook 29th July 2021"},"content":{"rendered":"\n

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

Can the Bulls overcome the Global Weakness to scale 15800 Nifty levels Monthly expiry closing this Thursday?<\/strong><\/h2>\n\n\n\n

The Indian Equity Markets opened on Wednesday slightly lower and then sharply fell in the deep negative zone on the back of a global sell-off. The Indian equity indices slowly regained some ground post noon towards the closing bell.<\/p>\n\n\n\n

Kotak Bank, Dr. Reddy's, M&M, PowerGrid, NTPC, Nestle India, and HDFC Bank were the main losers in trade on a volatile day of trading.<\/p>\n\n\n\n

On the other hand, Bharti Airtel, Tata Steel, IndusInd Bank, and Bajaj Finserv were among the gainers.<\/p>\n\n\n\n

Most analysts feel the Indian equities extended losses as weak cues from global markets triggered by selling pressure in Chinese tech stocks due to regulatory overhang weighed on sentiments.<\/p>\n\n\n\n

After starting the day in the negative zone, The Nifty did recover little for some time. Finally the nifty ended up at closing bell at\u00a0 15,709(-37) levels whereas the Sensex closed at 52,443(-135)levels.<\/p>\n\n\n\n

Most analysts feel that the Indian equity markets were in red as weak global cues and continued selling pressure in financials dragged benchmark indices.<\/p>\n\n\n\n

A Strong closing on Thursday night for U.S. Markets will lead to a big short-covering rally in the Indian equity markets as the Indian equity markets looked oversold on Wednesday trading.<\/p>\n\n\n\n

Fii\u2019s and Dii\u2019s buy \/sell figures on Wednesday.<\/strong><\/p>\n\n\n\n

The Foreign institutional investors Sold Rs 2274 Crores while the Domestic institutional investors Bought Rs 921 Crores.<\/p>\n\n\n\n

If FII\u2019s resume to buy in a big way, It will help the bulls to make a move towards 16000 nifty levels.<\/p>\n\n\n\n

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

Most experts expect the indices to continue to be sideways with the expiry expected at 15750-15800 Nifty levels.<\/p>\n\n\n\n

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

There seems to be a possibility of the IT, Banking & Financials, Pharma Sector, going up in the coming days.<\/strong><\/p>\n\n\n\n

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

Axis Bank, HDFC Bank, Icici Bank, Federal Bank, Indusind Bank will move up in case of any positive triggers.<\/p>\n\n\n\n

 NBFC\u2019S \u2013 Equitas Holding, India Bulls Housing Finance, PEL, Bajaj Twins, Shriram Transport Finance will be under the radar of the traders.<\/p>\n\n\n\n

Banks like SBI, Canara Bank, Bank of Baroda can be accumulated in a SIP manner for decent gains in near future.<\/p>\n\n\n\n

Technology Sector<\/strong><\/h3>\n\n\n\n
The I.T Sector delivered better than expected results and this is helping the markets to hold on to the positive sentiments.<\/h5>\n\n\n\n

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

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

The market seemed to be turning Bullish on global cues and the traders will be looking to take nifty upwards to 16000 Levels.<\/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 I.T Sector, Pharma Sector Stocks.<\/p>\n\n\n\n

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

# 5 Banking Stocks:<\/strong>\u00a0Rbl Bank, Icici Bank, \u00a0Federal Bank, HDFC Bank, Indusind Bank.<\/p>\n\n\n\n

#5 NBFC Stocks:<\/strong>\u00a0India Bulls Housing Finance, Bajaj Finserve, Bajaj Finance,\u00a0PEL, Equitas Holding.<\/p>\n\n\n\n

# 5 Pharma Stocks:\u00a0<\/strong>\u00a0Divi Labs, Cadila, Cipla, Dr. Reddy\u2019s, Sun Pharma.<\/p>\n\n\n\n

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

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

Tata Metallics, LTI, Deepak Nitrate, JSW Steel, Reliance, Tata Motors, Graphite, Eicher Motors, Ashok Leyland, M&M.<\/p>\n\n\n\n

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

The view in the Indian equity Markets is that the volatility in the markets will remain due to expiry.<\/p>\n\n\n\n

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

29Th JULY Stock Picks<\/strong>\u00a0\u2014 Ashok Leyland, Muthoot Finance, SR Transport Finance, Wipro.<\/p>\n\n\n\n

\u00a0( Watch YouTube Video Analysis here\u2013 <\/strong>https:\/\/youtu.be\/ocxl8-VIvOo <\/strong><\/a>\u00a0)<\/p>\n\n\n\n

Best wishes for a Cheerful Thursday 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 Thursday Morning Can the Bulls overcome the Global Weakness to scale 15800 Nifty levels Monthly expiry closing this Thursday? The Indian Equity Markets opened on Wednesday slightly lower and then sharply fell in the deep negative zone on the back of a global sell-off. The Indian equity indices slowly regained some ground […]<\/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-3896","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\/3896","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=3896"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3896\/revisions"}],"predecessor-version":[{"id":3897,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3896\/revisions\/3897"}],"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=3896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}