#877 Daily Money Show | Money Purse Stock Market News

54.4K views · Aug 20, 2024 · 16:08 min · Watch on YouTube ↗

Takeaway

Edelweiss Financial Services' presentation and Q1 numbers triggered a 51%+ rally since early August, anchoring today's positive close.

Summary

Sensex up 378 pts to 80,802; Nifty +126 pts to 24,698; midcap +0.68%, smallcap +0.76%, Bank Nifty +0.86%.
Edelweiss Financial Services up 51%+ since August 6 — driven by quarterly results plus a fresh investor presentation with interesting data.
Edelweiss management commentary and segment break-up flagged as the day's key catalyst.
Day's quick run through other important market updates.

Edelweissfinancialsresults

Original description

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