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Daily Money Show 468 - Stock Market News
Original: # 468 Daily Money Show | Money Purse Stock Market News
Takeaway
China reopening could siphon flows from India; Airtel Payments valuation and weak IPO listings flagged.
Summary
- Sensex -223 to 61,133, Nifty -68 to 18,191; India Health Ministry source-led updates noted.
- 40-day Singapore market-value tax exemption discussion - ~$8 billion SGD market value implications.
- Airtel Payments Bank merchant rollout valued ~Rs 20,000 cr; Enterprises Communications stock listed Rs 365 vs Rs 366 IPO - negative day-one returns.
- Viewer Q on China reopening: a fully functional China would slow Indian markets; expect 2023 slowdown in select sectors.
China reopenAirtel PaymentsIPO
Original description
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