Transcription
With us, Ajay Bagga Sir has also joined on the phone line. Bagga Sir, Trump has claimed a deal will happen on the weekend. What to expect on the weekend? Yes, look, what is positive is that a deal has been announced between Israel and Lebanon that there will be a ceasefire, and if Hezbollah does not fire more missiles towards Israel, then the ceasefire will remain. So, they are watching that. That was a precondition of Iran, and yesterday Iranian media said that we have not spoken for many days because first, you stop the war in Lebanon, only then will we come to the negotiation table. So, if this has happened, it is positive, and Trump's statement can be considered to some extent. Oil is reacting. The sale went down this morning, but Asian markets are falling, and that is because Broadcom has given a bad outlook, and Broadcom can be considered a very important AI momentum play. So, that AI momentum, which we saw a little bit of selling yesterday, due to which the American market fell after nine days of gains, that continues this morning in Asian markets. Nikkei or Korean markets are down 2%. This is also justified. As Anil Ji was saying, these markets are very large. The Korean market is up over 100% for the year and up 226% in two years. So, a little bit of correction is justified. But the biggest thing will be that if the AI momentum takes a pause, then that was what was driving global markets. India was not getting any benefit from it. Money was continuously flowing out of us. It flowed out yesterday too. So, overall, let's see what happens with the markets based on Trump's statement. Stocks are not thinking much, they are looking more at AI momentum, but the price of oil has certainly come down. Now let's see if something happens or not, or else I would say what the danger is. Yesterday, Nitin Yau said that Israel and America are ready to start bombing again. So, is Nitin Yau playing Trump again and leading towards another war? That will have to be seen over the weekend. Yes Sir, thank you very much, Bagga Sir, for speaking with us once again.