WC

[WC @Sat5007]

@equities_samjho Great news . Waiting

[Equity Insights Elite @EquityInsightss]

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[SABARI SECURITIES @sabarisec]

NIFTY Status ✅👇

#NIFTY #sabarisec

Nifty is yet to enter a decisive turnaround phase and is likely to remain sideways to mildly bearish until the following macro conditions improve:

1. Nominal GDP growth returning to double digits:

India’s nominal GDP growth has moderated due to softer inflation and uneven real growth. Historically, sustained bull markets in Indian equities are best supported when nominal GDP consistently prints in double digits, enabling strong revenue growth, operating leverage, and earnings compounding across sectors.

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2. Earnings growth remains underwhelming till now, While expectations were high, Q3 earnings growth so far has been mixed

•Broad-based earnings momentum is missing
•Margin expansion has been limited
•Only a few pockets (select financials and defensives) are holding up, while cyclicals and consumption remain soft

Until earnings growth accelerates meaningfully and becomes more widespread, markets will struggle to sustain a durable up-move.

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3. Valuations vs earnings mismatch:

Even after time correction, valuations are not cheap relative to growth.
Valuations remain elevated relative to the current earnings growth trajectory, limiting upside despite time correction.

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4. FII flows remain vulnerable amid INR weakness vs USD

Foreign Institutional Investors are highly sensitive to currency risk. A structurally weakening rupee erodes dollar-denominated returns even if Indian equities perform well in local terms.

FII flows remain cautious due to currency depreciation risk, especially in the absence of strong earnings growth to offset USD return erosion.

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5. Technical signals are also flashing caution

On the technical front, the iShares India 50 ETF has registered a weak close on the weekly timeframe, indicating loss of momentum and reinforcing the broader sideways-to-bearish bias for Indian equities in the near term.

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Without a revival in double-digit nominal GDP growth, stronger and broader earnings acceleration, and greater currency stability, Nifty is likely to remain range-bound with downside risk, rather than entering a sustained bullish phase.

[WC @Sat5007]

@itsurprem Sir where do you think we stand in metal
Sector trend now ?

[Equity Insights Elite @EquityInsightss]

India has been the worst performing major equity market in the world in 2025 in USD terms

• Foreign investors have sold $18Bn, FPIs are the most underweight on India ever

• Domestic investors are the only strong pillar, contributing nearly $3B per month in flows

• Real GDP grew 8.2%, but nominal GDP fell to 8.7% because the GDP deflator crashed to 0.5%

• Nominal GDP expected to bounce back into double digits in 2026 as inflation normalises

• Corporate earnings likely to accelerate in 2026 aided by better nominal GDP & policy support

As inflation moves back towards the RBI’s target, the GDP deflator will rise, automatically boosting nominal GDP and corporate earnings growth

Overall setup for 2026 is better in terms of liquidity, earnings, valuations & macro tailwinds

[WC @Sat5007]

@itsurprem TARIL, PGEL

[WC @Sat5007]

@Chart_Wallah108 @Chart_Wallah108 Your dedication and research on stocks is amazing . Pl continue the tremendous work and ignore these mosquitoes

[WC @Sat5007]

@MayankKapur16 Delton?

[WC @Sat5007]

@ShridhantS Sir any view on Delton cables as well?

[WC @Sat5007]

@MayankKapur16 @equities_samjho Welcome Tushar . Looking forward to your content

[WC @Sat5007]

@MayankKapur16 Shilchar or TARIL - Which one do you prefer

[RedboxGlobal India @REDBOXINDIA]

CRISIL:

Q2 CONS NET PROFIT 1.9B RUPEES VS 1.7B (YOY) || Q2 REVENUE 9.1B RUPEES VS 8.12B (YOY)

Q2 EBITDA 2.6B RUPEES VS 2.24B (YOY) || Q2 EBITDA MARGIN 28.87% VS 27.57% (YOY)

BOARD APPROVES INTERIM DIVIDEND OF 16 RUPEES PER SHARE

[WC @Sat5007]

@MayankKapur16 Best Wishes Brother 💐

[WC @Sat5007]

@equities_samjho Sir can you suggest your pick in transformer sector - TARIL or Shilchar or any other ?

[Ayush Marda @ayushmarda07]

This Is Value Chain For Solar Manufacturing

More Backward integrated you are more are your margins

Premier Energies Was in Cell They are moving to Module
Warree Energies is in modules Now Its Going in cells to

Smaller Players like Alpex Solar and Australian Premier Solar are also backward integrating

Again This Industry is dependent on regulations and has terminal value risk

Overall As of now all players are reporting good numbers just note that you are not paying absurd valuations for the companies

[WC @Sat5007]

@EquityInsightss How is sky gold?

[WC @Sat5007]

@Chart_Wallah108 Sir comments on Sky gold? In serious downtrend since promoters sold stake . Entered at 307

[WC @Sat5007]

@itsurprem Sir which one

[WC @Sat5007]

@itsurprem @itsurprem Sir view on PGEL?

[WC @Sat5007]

@me__kaushik Sky gold