ilmscore | Nifty Above 23,800: What’s Next? | CA Rachana Ranade

Nifty Above 23,800: What’s Next? | CA Rachana Ranade

Published: 2025-04-17
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 4
Incorrect: 2
Pending: 1
Prediction
Topic
Status
Wipro expects a decline in IT services revenue growth in Q1 FY26, with a sequential guidance of -1.5% to -3.5% in constant currency terms.
"VIPRO expects a decline in its IT services revenue growth in constant currency terms in the first quarter of FY26. Very clearly they have mentioned that we may see a decline in revenue growth. Vipro expects revenue from IT services business segment to be in the range of $2,55 million to $2,556 million. And this translates to sequential guidance of - 1.5% to - 3.5%. - 3.5% to - 1.5% in constant currency terms."
WIPRO
Correct
Infosys expects revenue growth in the range of 0% to 3% in constant currency terms for the current fiscal year.
"Infosys also not great numbers and the guidance they said that we expect revenue growth in the range of 0% to 3% in constant currency terms during the current fiscal year."
INFY
Incorrect
If Bank Nifty closes above the previous swing high, it will enter a 'blue sky zone' with no immediate resistance, indicating strong upward potential.
"Now what else has happened? Now, let us take this was the previous swing high. today this also has been taken out and now if this is also almost taken out I'll be really really really happy to see it close above this level and then Nifty is in the blue sky zone nifty bank will be in the blue sky zone there's no stopping I mean it's very difficult to then actually calculate what could be the next resistance"
BANKNIFTY
Correct
Bank Nifty is expected to provide strength and drive Nifty higher.
"and in fact bank nifty can be the one which can give strength to nifty I'm repeating bank nifty can be the one which can give strength to nifty."
BANKNIFTY
Pending
The ongoing interest rate cycle, with expectations of lowering rates, is predicted to benefit the banking sector.
"it is number one it's interest rate cycle whatever interest rate cycle we would start with the lowering interest rates it is going to benefit banking sector"
BANKNIFTY
Correct
The level of 23,800 is identified as a crucial level to watch for Nifty.
"crucial levels I've said this 23,800 that is the crucial level to watch out"
NIFTY
Incorrect
Tariffs are highly likely to cause a temporary rise in US inflation, making it tricky for the Federal Reserve to reduce interest rates while trying to support economic growth.
"Because of tariffs, inflation will ideally increase. And if inflation increases, bringing down interest rates becomes extremely tricky. It's so very important that uh you know for a big country like USA, they have to maintain that nice... balance between inflation and growth which is what Jerham Powell said we are currently in a dilemma on where to give importance he's saying that tariffs will increase ideally they are highly likely is what he mentioned exact word highly likely to generate at least a temporary rise in inflation and if that be so again reducing interest rates is going to be tricky."
US Inflation and Interest Rates
Correct