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# 298 Daily Money Show | Money Purse Stock Market News
Takeaway
Nifty fell 218 points amid mid/small-cap weakness; Reliance-Future Retail deal under scrutiny.
Summary
- Reliance Industries gained; Nifty corrected 218 points to 16,953
- Midcap -1.67%, smallcap -2.15%, Bank Nifty -0.1% — broader market under pressure
- Inflation and US Fed monthly action key catalysts for next meeting
- Future Retail and Reliance deal-related unsecured creditor discussions ongoing
RelianceFuture RetailUS FedInflationDaily Update
Original description
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