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#448 Daily Money Show | Money Purse Stock Market News
Original: # 448 Daily Money Show | Money Purse Stock Market News
Takeaway
Stick with fundamentally strong stocks through Fed-driven volatility - patience over 2-3 years pays off, as the 2015-17 cycle showed.
Summary
- US Fed considered 75 bps rate hike; ties US inflation/rate path to Indian market outlook.
- Stresses investor patience - cites 2015-17 phase where smallcaps lagged before large caps led, then reversed.
- Block deal: 16 lakh 202 shares at Rs 135 each, Rs 21.63 crore worth, in an unnamed company.
- Covers GMPCS (Global Mobile Personal Communication by Satellite) license update.
- DFM Foods at Rs 263 mentioned with diclofenac sodium topical solution; estimated market size 512 million USD.
fed-rate-hikeblock-dealgmpcs
Original description
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