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EP-1180 Stock Market News | #DailyMoneyShow
Original: EP-1180 Stock Market News | #dailymoneyshow
Takeaway
Defense spending boost will benefit AMCA consortium players like Dynamatic; NSE introduces F&O pre-open session from December 8 for active traders.
Summary
- Sensex down 0.62%, Nifty down 0.64%; broad-based correction across mid-cap, small-cap, and Bank Nifty.
- Government of India advancing 5th generation fighter aircraft (AMCA) — first prototype 2029, Air Force induction 2035; China already on 6th generation, so India needs massive spend.
- Dynamatic Technologies joined LNT-BEL consortium for 5th gen aircraft work — positive trigger for related defense stocks.
- Standard Glass acquiring 51% in Chennai-based CTC Engineering for $12.24 million (closing in 45 days); CTC had $20.11M topline last FY.
- NSE launching F&O pre-open session from December 8: 9:00-9:08 order placement, 9:08-9:12 matching/execution; current month futures contracts tradeable, next month in last 5 days.
market newsdefenseNSE
Original description
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