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Ep 1089 | Daily Money Show | Stock Market News Today
Original: Ep-1089 | Daily Money Show | Stock Market News Today
Takeaway
Iran-Israel ceasefire shaky despite Trump's announcement; Indian Railway fares rising July 1; Adani group plans massive 5-year capex.
Summary
- Sensex +158 to 82,055; Nifty +72 to 25,044; Bank Nifty +0.72% on Trump's Iran-Israel ceasefire announcement.
- Ceasefire fragile: Iran officials denied agreeing; both sides continued attacks; market sold off in second half.
- Trump pushing ceasefire reportedly motivated by Nobel Peace Prize ambition; Pakistan formally nominated him.
- Indian Railway fares to rise from July 1: AC class +2 paisa/km, non-AC mail/express +1 paisa/km, ordinary 2nd class +0.5 paisa/km above 500km; sub-urban and monthly season tickets unchanged.
- Adani AGM: 15-20bn USD capex plan over next 5 years (~Rs.170,000cr); Adani Power crossed 100bn units; world's largest renewable energy park (visible from space) targeting 50GW by 2030; cement capacity 72% of FY28 target reached.
geopoliticsrailwayadani
Original description
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