DOW JONES -650 CRASH🫨🔴INFOSYS Q2 ADR CRASH🔴TATA MOTORS Q2🔴ADANI POWER Q2🔴SBI🔴JIO IPO GMP🔴GOLD SILVER

Stock Market का Commando • 8 days ago

Original source

What This Video Is About

This video provides an update on the current market situation, covering various topics such as the American market, NSE and ADR updates, reasons for the Infosys ADR crash, and updates on several companies including Jio, GIC, BPCL, and JSW Steel.

Major Ideas Discussed

  • The American market is down by almost 1%, but has recovered slightly from its lows.
  • NSE is recovering from its lows and is now in the green, while Infosys ADR has crashed by 5.5% due to unimpressive numbers.
  • The Jio IPO update shows a GM of 22-23, with all quotas fulfilled.
  • GIC is planning to add 1000 hospitals to its network, with a target of FY27.
  • The Indian mobile phone market is dominated by foreign companies, but the Union Minister promises that India will have its own branded phones by 2028.
  • BPCL's top line has increased by 29%, but the net profit has declined by 21%, while JSW Steel's top line has increased by 21% and the net profit has increased by 225%.
  • FII and DII activities show that FII has bought some stocks, but the quantity is less, and DII has also bought some stocks.
  • The dollar index is up, which is not good for gold and silver, with gold around $4000 per ounce and silver below ₹55.
  • Crude oil is up by almost 3% and is at $116.

What to Watch Next

The speaker suggests keeping an eye on the developments in the market, especially the geopolitical tensions, and updates on various companies and sectors.