{"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 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}]}}