Markets Trading in Red
Towards the end of the day on Friday, markets somehow recovered after trading in red. Nifty Bank closed at Rs. 38,370.40, which is lower by around 100 points of 0.26%. At the same time, Nifty Midcap also settled with marginal losses.
As per experts, high listing stocks may witness marginal weakness. However, various other stocks with a tepid debut on the bourses may follow the market flow.
In this scenario, a few triggers will drive the Indian stock market in the coming week. Find them below:
17 January 2022
18 January 2022
19 January 2022
20 January 2022
21 January 2022
Bottom Line
As per market trends, issuances tend to get affected when the anchor lock-in period ends. Experts suggest that earning and budget expectations are the two prominent triggers that will keep the first month of 2022 buzzing for issuances.
Source – Zeebiz
Frequently Asked Questions
As per reports, 49% of issuances tend to decline on average by 6% during the day in which the lock-in period ends.
Sensex closed down by around 12.27 points at 61,223.03. Meanwhile, Nifty closed at 18,255.75.
On Friday, FIIs were the net sellers by selling equities worth Rs. 1,598 crores. Meanwhile, Domestic Individual Investors (DIIs) were the net buyers who purchased stocks of Rs. 371 crores.
Disclaimer: This blog is exclusively for educational purposes and does not provide any advice/tips on investment or recommend buying and selling any stock.
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