00:00Hi this is Bhavna and you are watching GoodReturns. You are watching Live on GoodReturns.
00:07In today's episode, we will talk about today's market and what strategy you have to adopt next week.
00:13After that, we will talk about your favorite segment where we will take your questions and then we will talk about IPOs.
00:20And if you watch this live show till the end, you will get stocks recommendations at the end.
00:27To talk about these, we have Dr. Ravi Singh with us. Sir, thank you very much and welcome to GoodReturns.
00:33Thank you for calling me here.
00:36Let's talk about the levels of today's market.
00:42Today's Sensex opening was at the level of 83,091.
00:46Closing has been a little down.
00:48In comparison to the morning, 71 points have been down.
00:51Closing has been at the level of 82,890.
00:54If we talk about Nifty, it started at 25,430.
00:59After that, the closing has been 32 points down at 25,356.
01:04Sir, if we compare from yesterday, then yesterday's last one and a half hour,
01:08the all-time high record market had made it.
01:11Both Sensex and Nifty had reached a historical level.
01:14In Sensex, there was a jump of 1600 points.
01:17It had crossed the level of 83,000.
01:19If we talk about Nifty, then the jump of 500 points was also seen in Nifty.
01:24The historical level of 25,433 points was also made by Nifty.
01:30However, today we are getting a little laziness.
01:32How are you looking at today's market in comparison to yesterday?
01:36Also, if we talk about next week, what targets would you like to give?
01:42Look, there is no doubt that the market is in an uptrend.
01:45But the problem is that in the sectors where there is a lot of investment,
01:49we are not getting a lot of returns.
01:52For example, there is a lot of investment in railways and defense.
01:55Many people have taken positions in retailers and their stocks are not running.
01:59However, other stocks are running and the index is running at a high level.
02:03Now, if we talk about next week, then understand the data.
02:06First, the US interest rate decisions have to come,
02:09regarding which a lot of speculation is going on.
02:11I feel that if there were 0.25 basis points here,
02:17then its impact can be seen a little negative here.
02:22If it is more than that, then the impact will be different.
02:24Overall, there are many events next week,
02:26there is home sales data,
02:28which you need to focus on.
02:30In short, Nifty is in an uptrend.
02:3325,450 and 500 figures can be touched by next week.
02:38On the lower side, there will be a 25,100 bottom here.
02:43And if we talk about Bank Nifty,
02:45it will be 5,150 in terms of strong support.
02:48And 52,800 figures,
02:50that is, you can see a rally of 800-1000 points from here.
02:54So, overall, the structure is good,
02:56the trend is good,
02:58and you will see a good aggression in some of the bottom-out stocks.
03:02Absolutely.
03:04Next week is also very important.
03:06As you said, the US Fed meeting has attracted the attention of the whole world.
03:10In addition, WPI data has to come.
03:13In addition, advance tax data of Q2 will also start coming from next week.
03:18So, it is important to know
03:20what kind of preparations the investors will make.
03:22What is your strategy for next week?
03:26Next week, you have to focus on 2-3 counters.
03:29First, you have to focus on export-based companies.
03:31On the other hand,
03:33the depression in defense can be seen to be a little far away.
03:36And because crude oil prices are a little off here,
03:39you can see tire companies and paint companies in the upward trend.
03:45Because most of the stocks are bottoming out here,
03:48whether it is mining, banking,
03:50small banks, you should focus on them.
03:55Sir, if you can recommend some stocks
03:57that our viewers can buy
03:59for the next week's preparation.
04:04For that, you will have to see the whole program.
04:07And finally, today I am going to give you 3 stocks.
04:10For its preparation, you will have to watch the whole program.
04:15So, you have been told the sectors.
04:17Now you have to wait.
04:19If you want to know the stocks specifically,
04:21then you have to watch this live program till the end.
04:23And I request all of you
04:25that if you are joining us live right now,
04:29then you must share this link
04:31with your friends, colleagues, relatives,
04:33acquaintances.
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