ilmscore | Why Nifty is Up Today? | CA Rachana Ranade

Why Nifty is Up Today? | CA Rachana Ranade

Predictions from this Video

Total: 12
Correct: 4
Incorrect: 5
Pending: 3
Unrated: 0
Prediction
Topic
Status
Nifty has crossed the 61.8% Fibonacci retracement level and has emerged from a downward trend.
"Nifty is at a 61.8%. It has crossed the 61% retracement level. Amazing. And we have clearly come out of a downward trend."
NIFTY
Correct
FIN Nifty is performing well and is above its previous all-time high.
"fantastic FN Nifty has been doing well."
FIN NIFTY
Correct
Bank Nifty is performing well and is above its previous all-time high.
"Bank Nifty also this was the previous all-time high. It's still above the previous all-time high."
BANK NIFTY
Correct
The US and China have agreed to pause their trade war for 90 days, with the US imposing a 30% tariff on Chinese goods and China imposing a 10% tariff on US goods. This represents a reduction from previous tariffs of 145% and 125% respectively.
"US China trade war has paused for the next 90 days officials met I think in Switzerland and that is where they decided that for next 90 days we'll not impose crazy tariffs on each other what were the crazy tariffs US was charging 145% on Chinese goods China was having 125% tariff on US goods and now they have agreed that now US will levy a tariff of 30% on Chinese goods and China will levy a tariff of 10% on US goods"
US China Trade Deal
Incorrect
Following the ceasefire, India will consider any future act of terror originating from Pakistan as an act of war.
"Any future act of terror will be considered as act of war against India."
India Pakistan Ceasefire
Incorrect
The IMF's funding to Pakistan may have been conditional on Pakistan ceasing its involvement in war and focusing on national development.
"it is believed that one of the condition could be that see ultimately it's for your development development of your nation not for war. So if you want to focus on development stop this war first and then focus on your development. So that could be one of the reasons why IMF gave the funding to Pakistan."
Pakistan's Economic Situation
Pending
While Nifty IT is up 6.69% today, its overall performance is at a 0.5% retracement, indicating it is not outperforming Nifty as a whole.
"Nifty ID up 6.69% today. But if I were to you know consider its overall performance it is at around.5% retracement. So still not outperforming Nifty per se."
Indian Stock Market Sectors
Incorrect
FMCG and Pharma sectors are expected to underperform despite the generally positive market sentiment.
"Two sectors which are going to underperform when everything seems bright. So these are the defensive sectors. FMCG just 2.6% up and nifty pharma.14% up nothing right"
Indian Stock Market Sectors
Incorrect
Public sector enterprises (PSE) stocks are anticipated to outperform in the long term, though they have not yet done so.
"PS public sector enterprises are yet to outperform but hopefully as I mentioned right the longer term vision still remains intact."
Public Sector Enterprises Stocks
Pending
The speaker suggests Nifty may reach an all-time high, though acknowledges it's uncertain.
"Could this eventually lead us to an all-time high? Time will tell."
Nifty
Correct
While Nifty IT sector performed well today, its overall performance is still lagging behind Nifty's average retracement.
"Nifty ID up 6.69% today. But if I were to you know consider its overall performance it is at around.5% retracement. So still not outperforming Nifty per se."
Nifty IT Sector
Incorrect
The speaker expresses hope that Public Sector Enterprises stocks will eventually outperform, as the long-term vision for them remains positive.
"PS public sector enterprises are yet to outperform but hopefully as I mentioned right the longer term vision still remains intact."
Public Sector Enterprises (PSE) Stocks
Pending