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# 785 Daily Money Show | Money Purse Stock Market News

45.9K views · Apr 05, 2024 · 16:04 min · Watch on YouTube ↗
Takeaway

RBI status quo with consumer-friendly UPI cash deposit, plus commodity tailwinds for Tata Chemicals/cocoa/coffee stocks; IREDA circuit-limit expansion fueled rally.

Summary

  • Sensex +20 to 74,248, Nifty flat; RBI held rates and kept FY25 GDP at 7%, anticipating normal southwest monsoon.
  • RBI to introduce UPI-based cash deposit at CDMs (cash deposit machines) similar to UPI-ATM withdrawals.
  • Cocoa and coffee prices at record highs—positive for Manorama Industries (cocoa) and CCL Products (coffee).
  • Tata Chemicals rallied as soda ash prices rose 22% MoM (+9.4% single day); commodity nature means volatility on price reversals.
  • IREDA stock up 11% after BSE/NSE raised circuit limit from 5% to 20%; Linde India fell on rumored SEBI investigation into financials.
RBITata ChemicalsIREDA
Original description
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Thanks for watching..
Team Money Purse

00:00 Market Update
00:37 RBI Sensational Update
02:52  Cocoa Coffee Stocks
03:30 Tata Chemical Update
05:03 IREDA Update
05:55 Linde India Update
06:42 Friday Question
07:57 HERO moto Update
08:43 Sula Vineyards Update
09:14 Cipla Update
09:46 Globus Spirits Update
10:28 Amber Ent Update
11:20 Angel One Update
11:55 Redington Update
12:20 TVS Update
12:55 Negative update for MGL & IGL
14:10 Bajaj Finserv Update
14:52 Purvankara Update
15:22 Lodha Update