NIFTY 22850 RETEST? 💥 RTN POWER| DOW NASDAQ FALL | HPCL Q2 | SWIGGY RESULTS NEws Adani gas Energy
StockMarket Funda • 9 days ago
What This Video Is About
The video provides an analysis of the current market situation and possible trends for tomorrow. The speaker discusses the impact of the war and crude oil prices on the market, as well as the potential for a rebound.
Major Ideas Discussed
- The market has fallen by around 100-200 points due to the war and increase in crude oil prices, but there is a possibility of a rebound tomorrow.
- The Nifty has found support, and there are chances of a pullback, especially for stocks that have crashed recently.
- The Jio IPO may bring some clarity to the market, but it may also lead to a pullback.
- The Bank Nifty is sideways and has found a base, with a potential target of 55,200 if it opens with a gap up above 55,500.
- Crude oil prices have affected oil companies, but the government can control inflation by reducing taxes.
- HPCL's results are good, with a profit of around Rs 3,500 crore, despite decreased margins.
- Segilite's results are also good, with a turnover of 150% and a net profit of 53%, despite decreased margins.
- Adani Energy's results are strong, with a 150% increase in net profit and a 53% increase in sales.
- Swiggy's results are bad, with a loss of around Rs 950 crore, due to increased expenses and revenue.
- FS Motors' stock has fallen recently, but may find support at around Rs 15,000.
- Ratan India Power's stock is in a free fall, and it's better to be cautious.
What to Watch Next
The speaker advises viewers to keep an eye on market trends, adjust their strategy accordingly, and do their own research and analysis before making any investment decisions.