{"id":4087,"date":"2021-09-28T21:31:56","date_gmt":"2021-09-28T16:01:56","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=4087"},"modified":"2021-09-28T21:32:14","modified_gmt":"2021-09-28T16:02:14","slug":"wednesday-stock-market-outlook-29th-september-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/wednesday-stock-market-outlook-29th-september-2021\/","title":{"rendered":"Wednesday Stock Market Outlook \u2013 29th September 2021"},"content":{"rendered":"\n

Stock Market This Wednesday Morning<\/strong><\/h1>\n\n\n\n

Will This Wednesday too be a Day of High Volatility ?<\/h2>\n\n\n\n

The Indian Equity Markets on Tuesday opened in the green in early morning trade. It was a day of big volatility and the markets were showing uncertainty as it closed in the negative zone towards the closing bell.<\/p>\n\n\n\n

Bharti Airtel, Tech Mahindra, Bajaj Finance, Bajaj Finserv, HCL Tech, and Infosys were the main losers in trade on a day of high volatility in the Indian equity markets.<\/p>\n\n\n\n

On the other hand, PowerGrid, NTPC, Sun Pharma, Titan, Kotak Bank, and Dr. Reddy were among the gainers.<\/p>\n\n\n\n

After starting the day in the positive zone, the nifty did slide down nearly 300 points before finally ending at the closing bell at 17748(-106) levels whereas the Sensex closed at 59,667 (-410).<\/p>\n\n\n\n

After plunging over 1,032.35 during the session, the 30-share Sensex pared some losses to end 410.28 points or 0.68 percent lower at 59,667.60.<\/p>\n\n\n\n

The negative global cues and profit-booking in IT and realty sectors were the reasons for the selling pressure In the second half, however, markets witnessed a rebound towards the closing. A rise in US bond yields and crude oil price along with the Chinese crisis acted as key headwinds to the ongoing rally in the global market.<\/p>\n\n\n\n

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

The Foreign institutional investors Sold on Tuesday Rs 594 Crores whereas Domestic institutional investors Sold Rs 1397 Crores.<\/p>\n\n\n\n

The FII\u2019s buying in a big way will definitely help the up move in the markets. Most analysts are expecting the markets to now trend upwards to 18000 nifty levels in the Sept Series.<\/p>\n\n\n\n

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

Most experts expect that if FII\u2019S buying continues, the indices will go upwards in the coming few days.<\/p>\n\n\n\n

Stocks to watch out for this Wednesday Morning in the Indian Equity Markets<\/p>\n\n\n\n

There seems to be a possibility of the banking and financial sector bouncing back strongly to higher levels.<\/p>\n\n\n\n

The I.T, Metals & Chemicals Sector also will be keenly watched by the traders.<\/p>\n\n\n\n

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

NBFC\u2019S \u2013 Bajaj Finance, Mahindra and Mahindra Financial Services, PEL, Bajaj fin serve, Shriram Transport Finance will be under the radar of the traders.<\/p>\n\n\n\n

Private banks like HDFC Bank, ICICI Bank, Axis Bank, Bandhan Bank, Indusind Bank, Kotak Bank, Federal Bank, will look to scale higher from hereon.<\/p>\n\n\n\n

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

The I.T companies like Mphasis, TCS, HCL TECH, Tech Mahindra, Co-forge, and Mastek are likely to move up quickly in the coming days.<\/p>\n\n\n\n

The other I.T. Stocks like LT Infotech, Intellect Design, LTTS, Sonata Software also can be observed for an upwards move in the coming days.<\/p>\n\n\n\n

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

Pharma stocks like Glenmark Pharma, Lupin, Divi\u2019s Lab, Dr. Reddy\u2019s, SPARC, are expected to do well.<\/p>\n\n\n\n

The general Sentiments continue to be positive in the Indian equity markets. The traders will be looking for global cues for direction in the coming days.<\/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 and Financial Sector, PSU<\/a> sector, I.T., OMC, Chemicals 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 Wednesday.<\/strong><\/h2>\n\n\n\n

# 5 Banking Stocks:<\/strong>\u00a0 Kotak Bank, Indusind Bank, Icici Bank, Federal Bank, HDFC Bank.\u00a0<\/p>\n\n\n\n

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

# 5 Pharma Stocks:\u00a0<\/strong>Dr. Reddy's, Granules, Divi\u2019s Lab, Cadila, Glenmark Pharma.<\/p>\n\n\n\n

#5 Information Technology Stocks:\u00a0<\/strong>Infosys, LTI, LTTS, Mastek, Tech Mahindra.<\/p>\n\n\n\n

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

Reliance, Arti Surfactants, Fine Organics, ISGEC Heavy Engineering, Cyient, Gabriel India, Bandhan Bank, Sunteck Realty, Bank of Baroda, Gujarat Alkalies. \u00a0<\/p>\n\n\n\n

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

After a weak day of trading on Tuesday, the view is that the Indian equity markets will be a volatile day on Wednesday too.<\/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 September Stock Picks\u2013\u2013<\/strong>\u00a0<\/p>\n\n\n\n

Watch YouTube Video Analysis here \u2013<\/strong>\u00a0<\/p>\n\n\n\n

Most Analysts expect the markets to reach 18000 levels for the near term.<\/strong><\/p>\n\n\n\n

You can watch us live on every trading day on our Facebook Page<\/a> and YouTube Channel<\/a> with our Chart Pe Charcha wherein we discuss the respective trading strategy and the stocks.<\/p>\n\n\n\n

INDIAN EQUITY MARKETS THIS WEDNESDAY MORNING!<\/strong><\/p>\n\n\n\n

Best wishes for a Cheerful Wednesday in the Indian equity markets!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock Market This Wednesday Morning Will This Wednesday too be a Day of High Volatility ? The Indian Equity Markets on Tuesday opened in the green in early morning trade. It was a day of big volatility and the markets were showing uncertainty as it closed in the negative zone towards the closing bell. Bharti […]<\/p>\n","protected":false},"author":1,"featured_media":4021,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-4087","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\/4087","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=4087"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/4087\/revisions"}],"predecessor-version":[{"id":4089,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/4087\/revisions\/4089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/4021"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=4087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=4087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=4087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}