Money Maker Research News - The Stock Market Next Week

The stock market may remain volatile in the week ahead as traders roll over positions in the futures & options (F&O) sector from the near month August 2017 series to Sept 2017 series. The near month July 2017 derivatives contract ceases on Thursday, 31 August 2017.

Auto stocks will be expected to be in focus as because auto companies will start their reporting sales volume data for August 2017, starting from Friday, 1 Sept 2017.

Further, the government will unveil data on Q1 June 2017 GDP on Thursday, 31 August 2017, the impact of which will be visible in the coming week. India's GDP grown moderately of 6.1% in fourth quarter March 2017.

The GDP growth slowed down moderately from 7% growth recorded in the last quarter and 8.7% surge posted in the corresponding quarter last year. Globally, a good attention will be focused on Federal Reserve boss Janet Yellen, with expectations for some clues about the bank's plans.

Britannia Industries Future Top Investment Stocks for Short Term

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in Britannia Future.

“Britannia Future is the one which I would recommend to buy above Rs 4240, it can climb to level closer to Rs 4500 zone, put stop loss of below Rs 3950”

Big volume with open interest built up is seen in this stock which is very positive.

Britannia Industries is planning to rope in a partner to strengthen its dairy business segment which will add advantage to it.