00:00Hi this is Bhavna and you are watching GoodReturns. You are watching GoodReturns for Soda Khara Khara Live.
00:07Today we saw a big fall in the market. In this, there is a panic among investors once again.
00:15The market has been green for 14 days in a row. And today we saw a bloodbath in D street.
00:21What should investors do in this? Where did they get the opportunity to buy? Should they buy or sell?
00:26We will know in today's episode. After that, we will take your questions. And then we will talk about the IPO market.
00:32Before going, we will also take stock recommendations. That's why you have to watch this show till the end.
00:37You have to share this link with your friends, colleagues, relatives. So that they can also get answers to their questions through this show.
00:45To answer all these questions, Dr. Ravi Singh has also joined us, who will answer your queries on your stock portfolio.
00:55Sir, welcome to the show.
00:57Thank you for inviting me here.
01:01Let's talk about today's market.
01:04There was a red mark in the market today. After 14 days, there was a big fall in the market.
01:09The data from the US has come out. In August, manufacturing was weak in the US, which increased the chances of recession.
01:16Due to this, the global market was shaken. Dow Jones and Nasdaq fell by 3%.
01:21Japan's Nikkei also broke by 3%. And all these effects were seen on the Indian share market.
01:28If we talk about the opening of Sensex and Nifty today, then Sensex opened at 81,845 with a drop of 550 points.
01:37If we talk about Nifty, then it opened at 25,089 with a drop of 185 points.
01:44If we talk about the closing, then there was a slight recovery.
01:48Sensex fell by 203 points to 82,352 and Nifty fell by 81 points to 85,198.
01:56Sir, what were the main triggers of today's fall?
02:00You are absolutely right.
02:03Due to these signs, there was a big fall in Nifty and Sensex.
02:08In a way, the US, Europe, all these markets fell.
02:14The impact of this was reflected in the Indian market.
02:18But the good thing is that due to the fall in raw oil prices, the Indian market got support from somewhere.
02:27And you got to see a recovery again.
02:30As you said earlier, if you get to see a rally for 14 days, then there is a profit booking here.
02:37And this impact was seen more because the international situation is bad.
02:43The US situation is already bad.
02:46And the decision on the interest rate is pending.
02:49On the other hand, if you look at the world wide, you can see the recession.
02:54If the Indian market is running at its high, then you get to see a double reaction, a chain reaction.
03:00Because of which you got to see the signs of this fall.
03:03But the closing was good.
03:05At the closing, the market was seen to be bottoming out again.
03:08And on the other hand, the benefit was that the FIIs are also seen to be participating.
03:14So the decline in the market can increase the profit booking a little.
03:18But the stock specific movement will be good here.
03:22Absolutely.
03:23Sir, there is a panic in investors right now.
03:26Because if we talk about the initial period, then 3 lakh crores were sunk by investors.
03:31So there is a little panic in this.
03:33Because if someone invests money in the market, there is definitely a panic.
03:36So what strategy should investors adopt for the coming days?
03:40Can this be a good opportunity to buy?
03:42Or should we consider today's fall as a sign of a big fall?
03:48Look, if the prices of raw oil are on the downside, then you will not see a sign of a big fall.
03:55First.
03:56Second.
03:57At this time, the conditions that have been created, or in the next two weeks.
04:01If you have seen, then in the last one or two weeks, all the programs that we have done,
04:05I am trying to explain that do not try to average the stock quickly.
04:10And give a little time.
04:12What should we give time for?
04:13The market is consolidating here.
04:16It will stay a little.
04:17If you are getting a little loss in stock specific, then do not average in a hurry.
04:23Wait a little.
04:24And still, you can see some stock specific buying.
04:28But overall, the sentiment in the market is a little bad here.
04:32Profit booking can increase a little.
04:34So wait a little in the market.
04:36Do not buy anything in a hurry.
04:38Do not sell anything in a hurry.
04:40Give a little time.
04:41Or keep a little distance from the market.
04:44Sir, the big drop in IT shares today.
04:47Nifty IT, PSU Bank and Metals have recorded a drop of 1%.
04:51Where are you seeing a chance of buying in this?
04:56Look, if you talk right now, then I feel that in the IT sector, I have always said that
05:01whenever there is a surge, then you have to get out there.
05:04Why get out?
05:05The biggest reason behind it is that the international markets are not in a good state.
05:11Especially in the US and Europe, where the IT segment has the most exposure.
05:19The situation is not good there.
05:21So no rally will be sustained here.
05:24And now the cost cutting is yet to come.
05:27So the impact will be a little negative from somewhere.
05:31If you are looking for a chance to buy in the stock, then you can buy in small stocks.
05:36But for now, according to today's IT segment, there is no need to take a lot of exposure here.
05:42Yes, a little purchase is made in small stocks.
05:45And if you go to small stocks, then I think that Birla Soft or overall take solution.
05:53You can see a little buying momentum in them.
05:56But there is a lot of confidence in the IT sector.
06:00If it is not visible, then there is a need to make a little distance.
06:03Sir, the US Fed meeting is also to be held this month.
06:07And speculation is that there is a possibility of a surge in interest rates.
06:11In this case, the direction of the market will be decided from this.
06:14What do you think? How will the market be?
06:18According to the indication that is being given,
06:22I feel that the US is not in a situation to make a big decision on the interest rate.
06:27But looking at the geopolitical tension and the prices of crude oil,
06:32I feel that the US will have to shift to the next quarter.
06:38This time there are fewer chances of such decisions coming.
06:41And if such a decision is taken, then there can be a lot of negativity for the market.
06:46If the market is already in a bad time, then the US will not want to create such a panic situation.
06:52So I feel that it is a little discounted from somewhere.
06:55But they can't stop the data.
06:57And the impact of data is being seen on the market again and again.
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