Holi celebrations have started early on Dalal Street as the domestic equity bourses Sensex and Nifty at 11.15 am on Thursday, were trading up by 1 per cent higher, as the Federal Reserve hiked the interest rates as per the widespread expectations of the investors.  

At 11.15 am on Wednesday, the core equity indices Sensex and Nifty 50 were trading higher amidst the mixed global cues, as the Nasdaq was up by almost 3 per cent in the last trading session. 

Also, the global markets are keenly following gold and crude oil prices, as the Federal Open Market Committee finally meet today, (March 16, 2022) to announce the rate hike, which the whole world is anticipating for the past few months. 

At 11.45 am on Thursday, the core equity indices Sensex and Nifty 50 were trading higher amidst stronger global cues along with assembly election results declaration in India.  

At 11.45 am on Wednesday, the core equity indices Sensex and Nifty 50 were trading higher amidst the increasing tension between Russia and Ukraine, as the efforts to evacuate people from Ukraine take pace. On the other hand, US President Joe Biden has announced an oil import ban on Russia, along with major companies like Pepsi, McDonald’s, and Adidas suspending their operations in Russia.

Global indices are experiencing a sharp sell-off as reports of the Russian attack on Europe’s biggest nuclear plant in Ukraine kept tension levels on the higher side.

At 11.45 am on Thursday, the core equity indices i.e., Sensex and Nifty 50 were trading higher amidst the increasing tension between Russia and Ukraine. The Sensex was at 55,623.60, up by 154.70 points or 0.28 per cent, while Nifty was at 16,644.60, up by 38.65 points or 0.23 per cent from the last trading session.      

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform.   

At 12.30 pm on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading flat at 55,880.51, up by 21.99 points or 0.04 per cent, while Nifty was at 16,674.50, up by 16.10 points or 0.83 per cent from the last trading session.   

The stock is also meeting Mark Minervini’s trend template. It is trading above 40, 30 & 10-weekly averages and all of them are trending up. At the same time, there is the desired sequence.

 At 12.30 pm on Friday, the core equity indices i.e., Sensex and Nifty 50 were seen rebounding from yesterday’s levels as the markets react to the responses made by the West and its allies with regards to Russia’s attack on Ukraine. The Sensex was trading at 56,006.46, up by 1476.55 points or 2.71 per cent, while Nifty was at 16,929.98, up by 480.20 points or 2.92  per cent from the last trading session.