The global indices are also supporting the overall momentum in the global economy after vaccines produced by oxford university and the Russian pharma industry being implemented worldwide. Overall, a positive outlook is getting built among the people with respect to second wave of Covid-19. In the Indian stock market, FMCG , IT, and banking will be the sectors to look out for.
The growth of nifty price has been mentioned in three levels/phases and it is expected that it is prepared for its third phase which can include breaking the crucial mark of 11K. Looking at the technical part, is being extremely which is a positive sign. levels have also reached the neutral zone and are looking confident to climb up to the levels. is also showcasing positive nature with a level of 70 in the market. Only a piece of negative news in the market can wake up the bears again. Otherwise, next week's opening is completely looking positive.