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Business News » India News

Market Outlook: PSU Banks, Titan, Mahindra and Mahindra may take the centre stage

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Market Outlook: PSU Banks, Titan, Mahindra and Mahindra may take the centre stage
PSU Banks (short covering), Titan, M&M, Oil Marketing Companies (OMO) may take the centre stage. Image source: Pixabay
Written By: Chandan Taparia
Updated: Wed, Jul 18, 2018
09:59 am
ZeeBiz WebDesk
RELATED NEWS
Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec
Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals
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Bull market or bear market?
The major trend is positive and a hold above 10975-11000 zones could extend its move towards 11080 levels while on the downside immediate support is seen at 10929 zones.

Stocks likely to be in limelight today?
PSU Banks (short covering), Titan, M&M, Oil Marketing Companies (OMO) may take the centre stage.

Sectors likely to impact market today?
Bank, IT and NBFC sectors will be impacting the market.

Your mid-term view?
Till it holds above 10835 zones index has potential to move towards its lifetime high of 11171 then 11250 zones.

Watch this Zee Business video here:

What drove markets on Tuesday?
Banking, Financial, Oil and Gas helped the market to advance.

(The writer is the AVP, Motilal Oswal Securities)
Source: DNA Money

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TAGS:
Indian markets
RELATED NEWS
Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec
Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals
Tax rates on under-construction flats, houses to be slashed this week? How GST council meet may bring cheer for you; check market expectations Tax rates on under-construction flats, houses to be slashed this week? How GST council meet may bring cheer for you; check market expectations
How to become crorepati in 2019: Sensex seen at 47k, Nifty above 14k this year; Want a piece of equity? These stocks can be your best bet How to become crorepati in 2019: Sensex seen at 47k, Nifty above 14k this year; Want a piece of equity? These stocks can be your best bet
Macro data, rupee, oil to guide markets this week: Experts Macro data, rupee, oil to guide markets this week: Experts

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