Tuesday, January 3, 2023

STOCK MARKET OUTLOOK FOR TOMORROW 4 JAN 2023

The market ended higher today for the second day in a row, with the Sensex rising 126.41 points, or 0.21% , to 61,294.20 and the Nifty rising 35 points, or 0.19 % to 18,232.50. Both of these markets ended higher.The market remained flat with a positive bias for the majority of the session, following a muted start. However, it closed the session close to the day's highs despite some profit booking during the intraday.The domestic market shifted its focus toward the Q3 earnings season, which is scheduled to begin this week, in the absence of major economic triggers. IT and banks will take center stage in the coming days as the market trend will be determined by the early signals from sector majors. Banks' initial quarterly business results revealed solid business traction supported by robust loan growth.


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