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# 662 Daily Money Show | Money Purse Stock Market News

38.3K views · Oct 10, 2023 · 16:23 min · Watch on YouTube ↗
Takeaway

Markets rallied with broad-based gains; Supreme Court action and Max Life's high claim ratio in focus.

Summary

  • Sensex up 566 pts to 66,799; Nifty up 177 pts to 19,689; mid-cap up 1.24%, small-cap up 1.0%, Bank Nifty up 1.8%.
  • Supreme Court ruling impacted large stocks; small/mid-cap NBFCs delivered negative returns of 14-14.8% over last 2 years.
  • Max Life Insurance claim settlement ratio at 99.51% (months 12-13); strong claim track record without husband income proof requirement.
  • Government order win for Rs 3,149 cr; Rs 6,000 cr engineering refinery announcement with 2.5 timeline.
  • Energy company September quarter revenue up 57% YoY with profit jumping from Rs 191 cr to Rs 229 cr.
NBFCMax Lifedaily market
Original description
Checkout Max Life Insurance: https://bit.ly/458PjQ4

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