Why did the Market crash today? | Political Uncertainty? | What next? | CA Rachana Ranade
Published: 2024-05-09
Status:
Available
|
Analyzed
Published: 2024-05-09
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Nifty is expected to find support around the 21,700-21,800 level.
"so maybe 21,700 21,800 I think this is a level which ideally should be honored by the market"
Pending
Based on the inside bar pattern, a potential target for Nifty is 21,900.
"once this level is broken from here the same height should be added which is 450 points so let us take from here 450 points roughly it is coming to 21,900"
Pending
When retail investors increase their holdings, the stocks on average tend to decrease in value by 7%.
"if retail individual investors are increasing their stake... on an average the portfolio the stocks are going down by 7%"
Pending
When FIIs decrease their holdings in a significant number of companies (689), the stock prices on average fall by 2.72%.
"number of companies where FIS decreased their holding... 689 companies where fi decreased their holding and after that what happened the stock price fell down by 2.72% on an average"
Pending
When retail investors sell their holdings, the stock prices experience an average rise of 8.88%.
"how many companies did retail individual investors sell off their holding and after they sold what happened to the stock price"
Pending
Rising US bond yields are considered a negative indicator for the Indian market.
"if the bond yields are rising definitely that's not a good sign for our Indian market"
Pending
Chinese and Hong Kong stock markets are seen as undervalued compared to India, potentially attracting institutional investment away from India.
"Chinese stock market and the Hong Kong stock market are comparatively lesser valued as compared to Indian stock market and that could be one of the reasons why institutional investors are pulling out money from Indian stock market and are putting it in these markets"
Pending
The chart pattern for L&T is identified as a textbook head and shoulder pattern, indicating a potential breakdown.
"this is a classic example of a head and shoulder pattern ... so if you see here this is the left shoulder this is the head this is the right shoulder and you can see a breakdown"
Pending
Low voter turnout is a cause for market jitters, but the speaker believes it will not have a significant long-term impact.
"low voter turnout is there is a fact and that is the reason why markets are shaking a little bit because of that same point is this really crazy will this is this like a horrible thing for the market now let me tell you clearly I'll tell you my own logic behind that okay I feel that is this is bad yes it is sad but the point is that I don't feel that it is going to have a big impact on the market"
Pending
The long-term trend line for Nifty, which has been in place since January 24th, has been broken, signaling a cause for concern.
"today is the first time since what since January 24th that this long-term trend line has been broken that's a big sign of concern"
Pending
The chairman of REC clarified that new provisioning norms will not impact profitability and will be routed through reserves.
"he mentioned that it will not impact the profitability it will not impact the profitability it will be rooted through the reserves"
Pending
Jubilant FoodWorks is experiencing stagnating sales and a declining operating profit margin, resulting in significantly lower PBT compared to previous years.
"their sales are also not jumping very high... and their operating profit margin which used to be around what 26% now constantly going down 22% 177% 18%... look at the PBT man I mean earlier it used to be what 165 crores... 86 crores December 2023 very very sad story"
Pending
Anticipation for positive results from Tata Motors, scheduled for release tomorrow.
"tomorrow tat Motors will come up with its results so really looking forward for the result"
Pending
A strongly bullish outlook is presented for the entire power sector.
"the overall the power sector per se is so bullish I'm so bullish on the whole power sector right now"
Pending