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DEFENCE STOCKS IN FOCUS #BREAKING

FIIs sold in Indian markets likely due to high valuations and global factors like rising US interest rates and a weakening rupee... In contrast, they invested in Hyundai’s IPO because it likely offered better value and growth potential. No need to assume a nexus; it's about where they see better returns...

Why FIIs have sold Rs 85000 Crores worth of shares in October? Valuation is very high. Why FIIs have pumped in Rs 90000 Crores in Hyundai IPO? Valuation is not very high? Or is there any nexus between promotors and FIIs to take away all the money from retail?

@PRSundar64 October 2024 is a historic month for the Indian stock market... FIIs are selling at record levels, while DIIs and retail investors keep buying. Mutual fund inflows are strong too....

October 2024 is a month to remember in Stock Market. 1. Highest selling by FIIs in Indian Stock Market history. 2. Largest ever IPO. When FIIs keep selling, DIIs keep buying and Retail keep pumping in the money into Mutual Funds. Who is smart? Only time will tell.

@PRSundar64 Yes, it's unusual for FIIs to sell so much without major news... It could be due to concerns about global interest rates, inflation, or other economic factors... We should watch for any upcoming events that might explain this sell-off...

FIIs are in no mood to buy, in October series, every single trading day, FIIs were net sellers, so far they have sold Rs 70000 Crores worth of shares. Probably this is the highest selling in 15 days without any material news like Lehman Bros or Corona Virus.

@PRSundar64 Exactly, remember never short a dull market.. It’s often when things are quiet that surprises happen... Patience is key!!!

Markets are too dull? Remember my quote: Never short a dull market.

The biggest risk is not taking any risk. In a world that is changing quickly, the only strategy that is guaranteed to fail is not taking risks. -Ratan Tata

@PRSundar64 Rest in peace 🙏

I had a dream that I buy a Car. Ratan Tata had a dream that every Indian buy a Car. #RIP_RATAN_TATA

Deeply saddened by the passing of Ratan Tata. A visionary who changed the face of Indian industry. Rest in peace. Your legacy will inspire generations. #Legend #RatanTata #Tata #OmShanthi #RIP 🙏

@PRSundar64 True sir😀😀

SEBI has been worried about intraday traders and brought a lot of change from Nov 20. Even if they have not done, by Nov 20, all intraday traders would have been wiped out. 🤣🤣🤣

@PRSundar64 @YouTube 👍

Hyundai IPO, right compamy, wrong pricing, wrong timing. HYUNDAI IPO Yes or No?! youtu.be/8IGVSOOcq2A?fe… via @YouTube

@PRSundar64 Watching on it sir🧐

GIFTNIFTY was down 150 points in the morning. Now entire 150 points loss wiped out as BJP is neck to neck with Congress. This is only a postal ballot. Wait for more roller coaster rides.

@PRSundar64 We should look for it sir..

In Pre Market Report, I mentioned, "Let the market close positive for one day, then we will think of long positions"

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