• हिन्दी
  • ગુજરાતી
  • বাংলা
  • తెలుగు
  • मराठी
  • ಕನ್ನಡ
  • money9
  • Insurance
  • Saving
  • Mutual Funds
  • Mirae Asset MF
  • Breaking Briefs
downloadDownload The App
Close
  • Home
  • Videos
  • Podcast
  • Banking
  • Bulletin
  • Gold
  • Healthcare
  • Real Estate
  • Tax
  • Travel
  • Survey 2023
  • Survey Report
  • Breaking Briefs
  • Insurance
  • Savings
  • Loan
  • Crypto
  • Investment
  • Mutual Funds
  • Real Estate
  • Tax
  • Exclusive
  • Home / Markets }
Markets

Markets look bullish, investors must accumulate quality names: Shivangi Sarda, MOFSL

Bulls have been driving markets higher, the charts are looking positive and one can look to accumulate as there are no signs of corrections

  • Sakshi Batra
  • Last Updated : September 16, 2021, 11:49 IST
  • Follow

Domestic benchmarks BSE Sensex and Nifty 50 were trading at new record high levels on Thursday, weekly F&O expiry. While the Sensex hit a historic high of 58,907.78, the Nifty 50 index surged to a new  high of 17,576.90. All sectors barring the media were trading higher and the broader markets were seen outperforming the markets. Shivangi Sarda of Motilal Oswal Financial Services spoke to Money9 on the best way to approach markets at record levels.

“Bulls have been driving markets higher, the charts are looking positive and one can look to accumulate as there are no signs of corrections. Short call writing can be seen on the index giving comfortable upside. Banking stocks also seem to be bottoming out supporting the markets”, she said.

Among the sectors, IT, Chemicals and banks are in action. The auto sector she believes, the worst is getting behind and also the PLI scheme is encouraging. Tata Motors looks promising to her on charts.

Stock Recommendations

Tata Chemicals | Buy | Target: 900 | Stop Loss: 835

SBI | Buy | Target: 443 | Stop Loss: 433

  • Follow

Domestic benchmarks BSE Sensex and Nifty 50 were trading at new record high levels on Thursday, weekly F&O expiry. While the Sensex hit a historic high of 58,907.78, the Nifty 50 index surged to a new  high of 17,576.90. All sectors barring the media were trading higher and the broader markets were seen outperforming the markets. Shivangi Sarda of Motilal Oswal Financial Services spoke to Money9 on the best way to approach markets at record levels.

“Bulls have been driving markets higher, the charts are looking positive and one can look to accumulate as there are no signs of corrections. Short call writing can be seen on the index giving comfortable upside. Banking stocks also seem to be bottoming out supporting the markets”, she said.

Among the sectors, IT, Chemicals and banks are in action. The auto sector she believes, the worst is getting behind and also the PLI scheme is encouraging. Tata Motors looks promising to her on charts.

Stock Recommendations

Tata Chemicals | Buy | Target: 900 | Stop Loss: 835

SBI | Buy | Target: 443 | Stop Loss: 433

Published: September 16, 2021, 11:49 IST

Download Money9 App for the latest updates on Personal Finance.

  • nifty outlook
  • Stock recommendations
  • Trading ideas

Related

  • What should be your strategy in shares of two-wheeler companies?
  • Sensex tumbles 677 points, Nifty ends at 17,671; PSU banks rally
  • Will markets see a deeper correction?
  • Sensex slips 207 points, Nifty ends at 18,211; metals, private banks drag
  • 18,000 will be the crucial support for Nifty: Likhita Chepa
  • Financials will lead the next leg of the rally: Nilesh Jain

Latest

  • 1. Know the correct way to get KYC done!
  • 2. Why health insurance claim gets rejected?
  • 3. Power to Respond!
  • 4. What is Asset Under Management?
  • 5. No Worries on Medical Expenses!
  • Trending Stories

  • आयकर रिफंड में 2013-14 से 474 प्रतिशत की वृद्धि, पिछले 11 वर्षों में जारी करने का समय हुआ बेहतर
  • वेतन वृद्धि टीसीएस की प्राथमिकता; लाभप्रदता के साथ वृद्धि पर ध्यान: सीएफओ
  • डीएलएफ के पास बाजार की आकांक्षी जरूरतों को पूरा करने के लिए मजबूत पाइपलाइन: चेयरमैन
  • बिट्स पिलानी विस्तार, अमरावती में नए परिसर पर 2,200 करोड़ रुपये का निवेश करेगा
  • एयर इंडिया पायलटों के साथ विमान दुर्घटना की प्रारंभिक रिपोर्ट की समीक्षा करेगी
  • TV9 Sites

  • TV9 Hindi
  • TV9Telugu.com
  • TV9 Marathi
  • TV9 Gujarati
  • TV9 Kannada
  • TV9 Bangla
  • News9 Live
  • Trends9
  • Tv9tamilnews
  • Assamtv9
  • Malayalamtv9
  • Money9 Sites

  • Money9 Hindi
  • Money9 English
  • Money9 Marathi
  • Money9 Telugu
  • Money9 Gujarati
  • Money9 Kannada
  • Money9 Bangla
  • Money9live
  • Topics

  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Crypto
  • Exclusive
  • Follow us

  • FaceBook
  • Twitter
  • Youtube
  • Instagram
  • Linkedin
  • Download App

  • play_store
  • App_store
  • Contact Us
  • About Us
  • Advertise With Us
  • Privacy & Cookies Notice
  • Complaint Redressal
  • Copyright © 2025 Money9. All rights reserved.
  • share
  • Facebook
  • Twitter
  • Whatsapp
  • LinkedIn
  • Telegram
close