Rupeedesk Consultancy

Weekly Outlook for Indian Market & Sectorwise Stocks for the Week - 4.Jan.2016 to 8.Jan.2016

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Indian Market Outlook for the week – 04 to 08.01.2016 (Seen positive next week; auto, IT companies in focus)

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Indian Market Outlook for the week – 04 to 08.01.2016 (Seen positive next week; auto, IT companies in focus)



Stock indices are likely to trade positive next week as investor
participation in the market is expected to return without significant selling
pressure. Also, a positive trend in global markets, if any, may aid gains
in local equities.

Information technology companies, which are generally the first ones to
start detailing their quarterly earnings, are likely to be in focus as they
react to earnings estimates for Oct-Dec.

Stocks of automobile companies, who did not detail sales numbers during
market hours yesterday, and will likely do so over the weekend, will also
be in focus. Stocks of public sector banks, which have seen buying
interest this week, may extend gains, even though they are expected to be
short-lived.
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