January 15: These signs will decide the direction of the stock market, watch these stocks

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January 15: These signs will decide the direction of the stock market, watch these stocks

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A mixed trend is being seen in Asia in the morning markets.

The BSE Sensex (Sensex) and NSE Nifty of the Indian stock market closed in the green mark on January 14 with slight gains. After opening in the morning in the morning, the market kept climbing as the day progressed. Both the benchmark indices gained nearly 0.20% at market closing.

The market is expected to reach a new peak again with FII hoping to improve investment and economy. However, one should also be careful to sell at such a high level. According to experts, it would be a good strategy to buy only strong stocks at a good valuation.

What is happening in foreign markets?

A mixed trend is being seen in Asia in the morning markets. Markets in Japan, Taiwan are in green mark, while South Korea and Hong Kong markets can be seen falling. Markets in Indonesia and China closed on the last trading day with weakness.

The Dow Jones Industrial Average of the US closed in the red mark after a slight fall on Thursday. The index had lost -0.22% or 69 points at the time of market closing. Similarly, the change in Nasdaq Composite was -0.12% due to which the index reached 13,112.64.

The SGX Nifty of Singapore was trading at 14,583.50 after a weakness of 0.27% at 7:00 in the morning, giving an early signal to the Indian market broadly.

They will also be kept watch

In the bulk deal on 14 January, Vanguard Total International Stock Index Fund sold about 1300 crore shares in 30 stocks including HDFC, Infosys, Wipro, Bajaj Finance, HUL. In another deal, SBI Mutual Fund purchased about 26 lakh shares of Ahluwalia contracts at a rate of Rs 265 a share.

On the day of January 14, foreign institutional investors bought 1076 crore shares in the equity market, while 178 crore shares were sold by DII.

According to Money control, on Friday, based on pivot charts, the Nifty 50 has significant support levels of 14,505.47 and then 14,415.33 for the Nifty 50, after which the market may see correction after going down. Similarly, the resistance levels of 14,651.77 and 14,707.93 should be monitored, which may give the market a further boost after reaching the top.

These stocks will be watched

L&T Infotech – The company will expand its multi-year global alliance with IBM. The objective behind this is major improvements in the business through the use of open hybrid cloud.

HFCL- The company’s revenue increased to 1277 crore in December quarter from 853 crore in the same period last year. In the same period, a big jump in consolidated profit was seen and it increased from 46 crores to 82 crores.

Hindustan National Glass– Ironwood Investment Holding reduced the 2% stake in the company to 5.09% with the help of open market transactions.

Bharti Airtel – will be part of the February quarterly review of the company MSCI.

Quarterly results will be released

December quarterly results of many companies will be released on Friday. These companies include HCL Technologies, L&T Finance Holdings, PVR, Shopper’s Stop, Bhakti Gems & Jewelery, Aditya Birla Money, Hathaway Cable & Datacom, Indo Asian Finance System.

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