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#709 Daily Money Show | Money Purse Stock Market News

Original: # 709 Daily Money Show | Money Purse Stock Market News

54.0K views · Dec 15, 2023 · 19:11 min · Watch on YouTube ↗
Takeaway

Fed-driven global rally lifted Indian markets, but the standout story is PSU stocks' 129% wealth creation since 2021 — driven by government capex in railways and defence — even as China contagion remains a tail risk.

Summary

  • Post-US Fed dovish commentary, Sensex jumped 969 pts to 71,483 and Nifty +273 pts to 21,456; smallcap +0.78%, Bank Nifty +0.86%, with tech stocks rallying.
  • US investor Kyle Bass warned China's real estate crisis could spread to its banking system, posing a contagion risk to global financial systems.
  • Since Sept 2021 (Sensex 60K), PSU market cap surged 129% in the past two years — outperforming Tata (+33%), Adani (+46%) and Reliance (+10%); driven by government's railways and defence spending.
  • Adani Enterprises stock rose 3% after announcing Rs 8,700 cr investment in Bihar (cement, logistics, agro) creating ~10,000 jobs.
  • Genus Power received Rs 1,026 cr smart meter order (total orderbook now ~Rs 20,000 cr); Texmaco Rail won Rs 1,374 cr Indian Railways order for 3,400 BOXN wagons; India-UK FTA 13th round of negotiations underway — likely positive for many sectors.
Daily Money ShowPSU StocksSmart MetersAdaniRailways
Original description
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00:00 Market Update 
00:58 China Crisis & Banking Collapse
03:06 These Stocks Crossed Ambani , Adani, Tata Stocks
05:04 Adani Business Expansion Plan Update 
06:07 Friday Fun
06:43 Genus Power Order Update 
07:18 Texmaco Rail Order Update
07:40 PB Fintech IT raid Update 
08:28 Sterling & Wilson Updates 
09:22 Infibeam Avenues Acquisition Update 
10:10 ₹42 Lacs Onile Food order update 
11:24 Be Aware of these Mobiles 
12:16 Bharat Electronics Order update 
13:01 HFCL New Business Update 
13:38 Suzlon Order Update 
14:11 Great Eastern Shipping Update 
14:44 Sunflag Iron & Steel License Update 
15:11 Kfintech Block deal  
15:42 J Kumar Infra projects rally Update 
16:09 Hindustan Oil Exploration Positive Update 
16:43 Zee - Sony Merger update 
17:33 Droneacharya Update 
17:57 India - UK Free Trade Agreement