MARKET CRASH? 💥 JIO IPO 18X SUBSCRIBED | INFOSYS RESULTS & ADR | TATA MOTORS | GOLD SILVER Midcap

StockMarket Funda • 8 days ago

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What This Video Is About

The video discusses the recent crash in the stock market, with the small-cap index falling by 35% and the mid-cap index by 3%. The main reason for the crash is attributed to the Jio IPO, which has sucked out liquidity from the market.

Major Ideas Discussed

  • The Jio IPO has received applications worth 6.5 lakh crores, reducing liquidity in the market and causing the crash.
  • Infosys' ADR has crashed by 7.5% due to weak future guidance, despite the company's overall performance.
  • Tata Motors' commercial vehicle numbers are better than expected, but the stock has still crashed due to the market sentiment.
  • Silver is in a falling trend and may reach $30, while gold is weak and may reach $3500 if it breaks the support level of $3900.
  • Investors are advised not to panic and to average their stocks when they are oversold, buying stocks when they are at their bottom and selling when they are at their top.

What to Watch Next

Investors should keep an eye on the levels of Nifty, small-cap index, mid-cap index, silver, and gold, and be prepared for any further movement in the market. Stocks to watch include Infosys, Tata Motors, JNK Bank, and Swiggy.