{"id":4111,"date":"2021-10-12T20:01:18","date_gmt":"2021-10-12T14:31:18","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=4111"},"modified":"2021-10-12T20:01:26","modified_gmt":"2021-10-12T14:31:26","slug":"wednesday-stock-market-outlook-13th-october-2021","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/wednesday-stock-market-outlook-13th-october-2021\/","title":{"rendered":"Wednesday Stock Market Outlook \u2013 13th October 2021"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\" id=\"headline-20-3774\"><strong>Stock Market This Wednesday Morning<\/strong><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\">Will This Wednesday too be a Day of High Volatility ?<\/h2>\n\n\n\n<p>The Indian Equity Markets on Tuesday opened in the green in early morning trade. It was a day of volatile trade and the markets started to show strength on the back of financials doing well to close in the positive zone towards the closing bell.<\/p>\n\n\n\n<p>Titan, Bajaj Auto, Bajaj Finserv, SBI, Nestle India, ITC, Axis Bank, and Tata Steel were the main gainers in trade on a day of volatile day of trading.<\/p>\n\n\n\n<p>On the other hand, HCL Tech, Tech Mahindra, UltraTech Cement, TCS, and Sun Pharma were among the losers.<\/p>\n\n\n\n<p>After starting the day in the positive zone, the bears did manage to bring nifty down a little bit but the bulls regained strength and Nifty finally end at the closing bell at 17991(+46) levels whereas the Sensex closed at 60,284 (+148)<\/p>\n\n\n\n<p>The selling in IT stocks as a result of a weak start to the earnings season and weakness in global markets, the domestic market traded in the negative zone for some time during the day.<\/p>\n\n\n\n<p>However, with strong support from PSU banks on revamped hopes of privatization and continued buying interest in consumer goods, metals, and auto, the Indian equity markets managed to end on a positive note.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Fii\u2019s and Dii\u2019s buy \/sell figures on Tuesday .<\/strong><\/h2>\n\n\n\n<p>The Foreign institutional investors Sold on Tuesday Rs 278 Crores whereas Domestic institutional investors Sold Rs 741 Crores.<\/p>\n\n\n\n<p>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 18200-18500 nifty levels in the October Series.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Analysis for Indian Equity Market Wednesday\u2019s Trading<\/strong><\/h2>\n\n\n\n<p>Most experts expect that if FII\u2019S buying continues, the indices will go upwards in the coming few days.<\/p>\n\n\n\n<p>Stocks to watch out for this Wednesday Morning in the Indian Equity Markets<\/p>\n\n\n\n<p>There seems to be a possibility of the banking and financial sector bouncing back strongly to higher levels.<\/p>\n\n\n\n<p>The I.T, Metals &amp; Chemicals Sector also will be keenly watched by the traders.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Banking and Financial Sector<\/strong><\/h3>\n\n\n\n<p>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<p>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<h3 class=\"wp-block-heading\"><strong>Technology Sector<\/strong><\/h3>\n\n\n\n<p>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<p>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<h3 class=\"wp-block-heading\"><strong>Pharma and Cement stocks<\/strong><\/h3>\n\n\n\n<p>Pharma stocks like Glenmark Pharma, Lupin, Divi\u2019s Lab, Dr. Reddy\u2019s, SPARC, are expected to do well.<\/p>\n\n\n\n<p>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<h2 class=\"wp-block-heading\"><strong>The Stocks to watch out for in the Indian equity markets<\/strong><\/h2>\n\n\n\n<p>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<h2 class=\"wp-block-heading\"><strong>Keep these stocks under your radar for Trading and investments on Wednesday.<\/strong><\/h2>\n\n\n\n<p><strong># 5 Banking Stocks:<\/strong>&nbsp; Kotak Bank, Indusind Bank, Icici Bank, Federal Bank, HDFC Bank.&nbsp;<\/p>\n\n\n\n<p><strong>#5 NBFC Stocks: &nbsp;<\/strong>PEL, Bajaj Finance, Shriram Transport, India Bulls Housing Finance, HDFC LTD.<\/p>\n\n\n\n<p><strong># 5 Pharma Stocks:&nbsp;<\/strong>Dr. Reddy's, Granules, Divi\u2019s Lab, Cadila, Glenmark Pharma.<\/p>\n\n\n\n<p><strong>#5 Information Technology Stocks:&nbsp;<\/strong>Infosys, LTI, LTTS, Mastek, Tech Mahindra.<\/p>\n\n\n\n<p><strong>#10 Other Main Stocks to watch out<\/strong>&nbsp;for on this Wednesday Morning in the Indian Equity Markets:<\/p>\n\n\n\n<p>Reliance, Arti Surfactants, Fine Organics, Exide, Cyient, Gabriel India, Canara Bank, Sunteck Realty, Bank of Baroda, Gujarat Alkalies. \u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Trading View for Indian equity markets this Wednesday Morning<\/strong><\/h2>\n\n\n\n<p>After a positive day of trading on Tuesday, the view is that the Indian equity markets will be a volatile day on Wednesday.<\/p>\n\n\n\n<p><strong>#Stocks to Watch for Trading from&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/www.lakshmishree.com\/\" target=\"_blank\">LakshmiShree<\/a>&nbsp;in-house Technical Expert Ansul Jain<\/strong><\/p>\n\n\n\n<p><strong>13th September Stock Picks\u2013\u2013<\/strong>\u00a0<\/p>\n\n\n\n<p><strong>Watch YouTube Video Analysis here \u2013<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>Most Analysts expect the markets to reach 18200-18500 levels for the near term.<\/strong><\/p>\n\n\n\n<p>You can watch us live on every trading day on our&nbsp;<a href=\"https:\/\/www.facebook.com\/LakshmishreeGroup\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook Page<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.youtube.com\/c\/ShreeVarahii\/featured\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube Channel<\/a>&nbsp;with our Chart Pe Charcha wherein we discuss the respective trading strategy and the stocks.<\/p>\n\n\n\n<p><strong>INDIAN EQUITY MARKETS THIS WEDNESDAY MORNING!<\/strong><\/p>\n\n\n\n<p><strong>Best wishes for a Cheerful Wednesday in the Indian equity markets!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 volatile trade and the markets started to show strength on the back of financials doing well to close in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-4111","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\/4111","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=4111"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/4111\/revisions"}],"predecessor-version":[{"id":4112,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/4111\/revisions\/4112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/4026"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=4111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=4111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=4111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}