← back
#733 Daily Money Show | Money Purse Stock Market News
Original: # 733 Daily Money Show | Money Purse Stock Market News
Takeaway
Railway stocks rallied on Swiss MoU; SEBI cracking down on inflated IPO subscriptions while quality contracts/approvals drive stock-specific moves.
Summary
- Sensex +496 to 71,683; Nifty +160 to 21,622; midcap +1.56%, smallcap +1.26%; recovery after 2-day sell-off.
- BSE/NSE conducting special Saturday trading sessions (9:15-10am and 11:30am-12:30pm) to test glitch fixes; Reliance results tonight key for Monday's direction.
- Railway PSU stocks rallied: RVNL +20% on block trades; IRFC, IRCON, IRCTC also positive; Ashwini Vaishnaw announced MoU with Swiss Railways for hub-and-spoke model and track technology.
- SEBI chair Madhabi Puri flagged faulty mutual account applications inflating IPO subscriptions — investigating 3 cases; SME IPOs separately under higher risk scrutiny.
- Stock-specific updates: Map My India won 5-year Rs 400 cr Hyundai/Kia maps contract; Glenmark Life Sciences signed $5M Japanese pharma supply deal; Shilpa Medicare got EU/Germany approval for muscle-disease tablets.
railway-stocksSEBIIPO-fraud
Original description
Get Best & Free Credit cards Apply Now👇 IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1 AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4 You can compare Term Insurance here 👉https://tinyurl.com/bdysmh59 You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc . Tijori 15% Discount Link 👉 https://tinyurl.com/vk645vp3 TELEGRAM: https://telegram.openinapp.co/money-purse You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance. Stay In Touch👇 Also connect with us on👇 FACEBOOK: https://www.facebook.com/moneypurseadv/?ref=bookmarks INSTAGRAM: https://www.instagram.com/moneypurseadv/ TWITTER: https://twitter.com/Moneypurseadv Thanks for watching.. Team Money Purse What is in for you? 00:00 Market update 02:03 Railway stocks 03:53 Retail investors alert on IPOs 05:51 Map My India Update 06:20 Update on Glenmark Life sciences 06:57 Update on Shilpa Medicare 07:31 Update on Tata Consumer Products 08:22 Update on Avantel 08:46 Update on Ramco Systems 09:24 Update on Zee Sony Merger 10:05 Friday Fun 10:56 Update on Dixon 11:51 Update on EMS 12:19 Update on Borosil 12:42 Update on Salasar Engineering 13:25 Update on Shalby Hospitals 14:02 HUL Results 14:50 Poonawalla Fincorp Results 15:32 IndiaMart Results 16:36 HomeFirst Finance Results 17:15 Metro Brands Results 17:53 Avantel Results