{"id":3910,"date":"2021-08-04T22:16:14","date_gmt":"2021-08-04T16:46:14","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=3910"},"modified":"2021-08-04T22:16:22","modified_gmt":"2021-08-04T16:46:22","slug":"thursday-stock-market-outlook-5th-august-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/thursday-stock-market-outlook-5th-august-2021\/","title":{"rendered":"Thursday Stock Market Outlook 5th August 2021"},"content":{"rendered":"\n

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

Will the Thursday expiry happen at 16400 or 16100 Nifty Levels ?<\/h2>\n\n\n\n

The Indian Equity Markets opened on Wednesday strongly in the green zone and then consolidated during the day . Post noon, the Indian equity indices gave up some gains but still managed to close at all-time highs ever.<\/p>\n\n\n\n

HDFC, Kotak Bank, ICICI Bank, SBI, HDFC Bank, and Axis Bank were the main gainers in trade on a trending day of trading.<\/p>\n\n\n\n

On the other hand, Titan, Nestle India, Ultratech Cement, and Sun Pharma were among the losers.<\/p>\n\n\n\n

After opening in the green in early morning trades, the Nifty did consolidate and Closed strongly at Lifetime highs of 16246(+128 ) whereas the Sensex ended at the closing bell at a record 54,369(+546).<\/p>\n\n\n\n

Most analysts feel With HDFC, ICICI BANK, and SBI leading the way, the Bank nifty is all poised to make a decisive move towards its all-time high in the days to come.<\/p>\n\n\n\n

Experts say that the financials were the sole driving force for the market rally on Wednesday, which was triggered after a better-than-expected June quarter performance reported by SBI.<\/p>\n\n\n\n

Futter the positive cues from global equities also lifted sentiments in the Indian equity markets.
<\/p>\n\n\n\n

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

The Foreign institutional investors Bought Rs 2828 Crores while the Domestic institutional investors Sold Rs 414 Crores.<\/p>\n\n\n\n

The FII\u2019s resuming to buy in a big way for the last 2 days will help the bulls to make a move towards 16400 nifty levels soon.<\/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 upwards with the expiry expected at 16300-400 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 Banking & Financials, I.T. , 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

\u00a0NBFC\u2019S \u2013 HDFC Ltd, 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 16500 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 Banking Sector, 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>\u00a0Axis Bank, Icici Bank, \u00a0Federal Bank, HDFC Bank, Indusind Bank.<\/p>\n\n\n\n

#5 NBFC Stocks:<\/strong>\u00a0 HDFC LTD, India Bulls Housing Finance, Bajaj Finserve, Bajaj Finance,\u00a0PEL.<\/p>\n\n\n\n

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

#5 Information Technology Stocks:\u00a0<\/strong>\u00a0LTTS,\u00a0Mastek, TCS, Mphasis, 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, Graphite, Deepak Nitrate, JSW Steel, Reliance, Tata Motors, Munjal Auto, Sail, Ashok Leyland, Minda Industries.<\/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

5th August Stock Picks<\/strong>\u00a0\u2014 Asain Paints, Chola Finance, HCL Tech, Tech Mahindra.<\/p>\n\n\n\n

\u00a0( Watch YouTube Video Analysis here\u2013\u00a0https:\/\/youtu.be\/wSAAD4q-_Y0\u00a0<\/a><\/strong>)<\/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","protected":false},"excerpt":{"rendered":"

Stock Market This Thursday Morning Will the Thursday expiry happen at 16400 or 16100 Nifty Levels ? The Indian Equity Markets opened on Wednesday strongly in the green zone and then consolidated during the day . Post noon, the Indian equity indices gave up some gains but still managed to close at all-time highs ever. […]<\/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-3910","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\/3910","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=3910"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3910\/revisions"}],"predecessor-version":[{"id":3919,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/3910\/revisions\/3919"}],"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=3910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=3910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=3910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}