00:00Reliance has been taken a lot of time and I have told you that I am a top loser.
00:05Reliance has 5% correct in this point.
00:09Reliance is a company that was the pressure of the bazaar.
00:14Because it has been so big.
00:16In the last time, when I talked about this week starting Monday,
00:21there was a movement in HDFC Bank was negative.
00:23And HDFC Bank was the whole bazaar pressurized.
00:26And today, the same movement in Reliance.
00:29Reliance, why is it so bad?
00:31In HDFC Bank, there was a news flow.
00:34Reliance, although it is still a news flow,
00:36that we are taking Iran from the oil.
00:39And Reliance, as a company, is taking Iran from the oil.
00:42But it is also a statement that we don't have anything to do.
00:46We didn't buy Iranian oil.
00:49We have told Reliance.
00:51But if we talk about the stock,
00:52if we talk about the stock in 1348,
00:55the Reliance stock has come.
00:57Another big deal.
00:58We talked about the Monday,
00:59we talked about the HDFC Bank.
01:00We talked about the Friday,
01:01we talked about the Reliance.
01:01We talked about the 5% correction.
01:03If you are going to get into the large cap,
01:06then keep your attention to where you are.
01:08And what kind of stock do we have to take?
01:10Select how do we have to take the stock in which stock?
01:14Absolutely.
01:15Monday, I think, HDFC Bank was 5% below.
01:18And today, Reliance, I think, is 5% below.
01:20So, Monday was HDFC and Black Friday's Reliance.
01:24So, Reliance, of course,
01:26Reliance's biggest problem is that Reliance has a lot of businesses.
01:31If you will study Reliance individually,
01:34it's fantastic.
01:35Reliance is going into solar panels,
01:37Reliance's retail business.
01:39It's fantastic.
01:40If you are just using oil to replace it,
01:43then Reliance is doing fantastic.
01:44But the biggest problem is that it's a worst business.
01:50So, there was one more news behind it.
01:52That Reliance is building some refinery and stuff.
01:58But if you look at it,
02:00it's just Donald Trump's refinery.
02:05Correct.
02:05So, Donald Trump has tweeted and announced,
02:08but Reliance's side of any statement.
02:10Because if this statement came out,
02:12then Reliance's share would have gone up massively.
02:14Like you remember, in 2020, when Meta was taken,
02:18and Amazon was taken,
02:19so back to it.
02:20Reliance quickly announces those news.
02:22But Reliance doesn't have a statement on that.
02:24That means that,
02:25just in the news,
02:26it's just like Trump's news.
02:27And he just spoke something randomly.
02:29But what I personally feel is that,
02:31Reliance currently is struggling because of oil.
02:33Where do you have to do oil source?
02:35And,
02:36I was reading this a few days back.
02:39Reliance has the capability to,
02:42you know, refine the deepest crude oil in this world.
02:45You can see,
02:47the oil from Saudi Arabia or Middle East,
02:49that crude oil comparatively process is very easy.
02:53But the crude oil is Venezuela.
02:55The crude oil is Russia.
02:56Now, these are very dense and deep.
02:59They can process the capability even USA does not have.
03:02Only India's Reliance has.
03:04That's why Reliance's $300 billion project was coming up in the US.
03:08So, I feel that Reliance currently is a little stuck up,
03:13because Reliance has two businesses.
03:16One is oil explore.
03:18If I talk about an oil exploration business,
03:20Reliance is going to benefit the most,
03:22because crude oil as a commodity price is on the price.
03:25So, Reliance has a good price.
03:27But Reliance,
03:28petrol is not being sold.
03:29Now, the government has a lot of petrol.
03:31Because elections are there, of course.
03:33And the government does not want to pass the pressure.
03:35The government has now excise duty to reduce the pressure.
03:37Which means that you have a little bit of the IOC or VPCL.
03:41But Reliance as a whole is struggling,
03:43because at the end of the day,
03:46the pressure of your government companies,
03:49has a little bit of balance,
03:51because they are very cash rich.
03:52When the petrol was $100,
03:55sorry, $70,
03:56then the petrol was $100,
03:57and the petrol was $100.
03:59But Reliance as a private company is going to,
04:02you know, get stuck into this.
04:03So, it's because of the negative sentiment,
04:05because of the selling.
04:07Second and the most important,
04:08Reliance has a big chunk of FII.
04:10Reliance has a big stake.
04:13So, when FII's get nervous,
04:16Reliance, HDFC Bank, IT,
04:18you can see a lot of heavy selling.
04:21So, I think,
04:23I think this is one of the major reasons why Reliance is collecting today.
04:55But, what I also feel is,
05:24sentimental dip,
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