Market Reacts to RIL, ICICI, HDFC Bank Results; Nifty Strategy Revealed

• Global market decline, subdued ICICI Bank results, and RIL's lack of 'wow' factor are key market drivers.
• FIIs continue heavy selling, offloading shares worth ₹4,300 Cr on Friday, impacting market sentiment.
• RIL's results were below estimates, but the stock had already fallen; ICICI Bank's results were subdued due to RBI-directed provisioning.
• Sandeep Bakhshi's extension is a positive for ICICI Bank, removing an overhang for 2.5 years.
• HDFC Bank's better-than-expected results will be crucial today, as the stock has fallen over 6% this month.

Why It Matters: Market faces volatility from corporate results and FII selling; Nifty and Bank Nifty strategies are crucial.