
Must know things - Nifty and Bank nifty - Week ahead - January 4th week 2023-
January 4th week nifty and bank nifty prediction, nifty and bank nifty expectation January 4th week. Economic calendar event need to look out for impact in Indian stock market. service pmi Nifty tomorrow prediction, bank nifty tomorrow prediction, nifty prediction, bank nifty prediction, nifty weekly analysis, nifty weekly strategy, nifty weekly prediction, bank nifty weekly analysis, bank nifty weekly strategy, bank nifty weekly prediction, dalal street week ahead, dalal street week ahead January 3rd week, dalal street week, will nifty fall January 4th week 2023, will nifty crash January 2023 4th week, nifty weekly range, bank nifty weekly range, nifty weekly range January 4th week #niftytomorrowprediction #bankniftytomorrowprediction #niftyprediction #bankniftyprediction #niftyweeklyanalysis #niftyweeklystrategy #niftyweeklyprediction #bankniftyweeklyanalysis #bankniftyweeklystrategy #bankniftyweeklyprediction #dalalstreetweekahead #dalalstreetweekaheadJanuary2023fourthweek #dalalstreetweek #willniftyfallJanuary4thweek2023 #willniftycrashJanuary4thweek #niftyweeklyrange #bankniftyweeklyrange #niftyweeklyrangeJanuary4thweek2023 Pre market report analysis nifty bank nifty23thJanuary2023 #premarketreport nifty bank nifty24January2023 #whyniftydowntoday #niftybank #niftytomorrowprediction #24January2023 #25January2023#25January2023 #premarketreport Hello everyone, lets discuss what we can expect next week ie., Januart 4 th week. – A week ahead video I like to discuss this in two topics, 1. Short introduction about what happened last week 2. What are the some important earnings economic calendars events we need to look out for. First in short, what happened last week. It is the second straight week, Indian market was really volatile and ended in positive note. For example, on Monday, nifty was down by over 60 points, on Tuesday up by 158 points, again on Wednesday up by another 112 points and then Thursday and Friday down by 57 and 80 points respectively. So like exactly last week, nifty closed two days positive and three days negative. But still, last week all three Indian major index advanced. As a summary on week on week basis, Nifty increased by 0.4% and Sensex increased near 0.6% and bank nifty increased by 0.32%. In terms of sector wise ,BSE capital goods and BSE power increased over 2% and followed by Nifty IT, and Nifty energy On the negative side, nifty media was the major loser, Followed by nifty auto, both lost over 1% then nifty FMCG and Metal lost around 0.9% In terms of stock specific, coal india was the top gainer in nifty index, in numbers it increased by 5.5 %, L&T increased by 4.5% , power grid, tech mahindra and HDFC bank all increased around 4%. On the negative side, Adani enterprises was the top nifty loser, which lost around 7%, followed by Asian paints & bajaj finserv lost by 4.2% , then JSW steel and nestle down by 3.5% & 2.9% respectively. On Friday premarket video, I mentioned that HUL’s quarterly results beats the street estimate and its positive for that. Actually it did beat the estimate but on the other side, HUL management increased their royalty payment to their parent company unilever from 2.65% to 3.45%. This didn’t go well with the investors, because of this, the stock lost over 3.5% on Friday. Since investors believes that this new royalty, can drop upto 2% to 2.8% off per-share earnings for fy24 and fy25. Anyway,Its just a old news, But I thought to inform you guys. then, During the weekend, three Major companies released their earnings 1) Icici Bank 2) Kotak bank 3) & reliance industries. first I will tell you the summary in one simple sentence for all three then will explain in details. ICICI bank and Kotak Bank beats the estimates, whereas reliance kind of mixed. Now in detail, ICICI bank’s net profit grew by 34.2% year-on-year to around Rs 8,300 crore, beating the street estimations of near Rs 8,000 crore. But the highlight is, that they can able to reduce the Net NPA to 0.55% on December quarter, in comparison, for September quarter it was 0.61% whereas a year ago it was 0.85% in December, 2021. Then coming to Kotak bank, In terms of profit increase, they are not as good as ICICI bank, but they too beat the street estimation. The profit increase was grew by 31% and their The net NPA also reduced to 0.43% vs 0.79% on a YoY basis. The highlight here is their net interest margin. It’s a huge jump to 5.47 percent from 4.62 percent. Finally reliance, The company’s revenue increased by near 14.8 % on year on basis. But the net profit was increased only by 0.6% However, Compare to previous quarter, their net profit increased around by 13%. Since the last quarters net profit was terrible. As a summary compare to previous quarter, it was better but not so great on year on year basis. What are the items, I mean company earnings and macros we need to look our for whole week.