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#683 Daily Money Show | Stock Market News
Original: # 683 Daily Money Show | Money Purse Stock Market News
Takeaway
HDFC Life tax demand and weak quarterly numbers create near-term overhang despite long-term insurance opportunity.
Summary
- Sensex -143 points; Smallcap weakness on consumption updates and power generation news
- HDFC Life insurance got tax demand from Central Tax Commission for 2019 — Rs 31 cr issue
- Railway wagon and automotive manufacturer new orders Rs 167.8 cr — fresh order win
- BSNL metro work order received; segment-wise PAT down 44% but management positive on H2 recovery
HDFC-lifetax-demandrailway
Original description
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