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Ep 1047 | Daily Money Show | Stock Market News Today
Original: Ep-1047 | Daily Money Show | Stock Market News Today
Takeaway
NSE tightened SME-to-mainboard rules after Gensol fraud; India suspended Indus Water Treaty hitting Pakistan hard post-Pahalgam attack.
Summary
- Sensex -315 to 79,801; Nifty -82 to 24,246; small slight pullback after continuous rally; April private sector activity hit 8-month high.
- NSE revised SME-to-mainboard migration rules: min 3 years on SME platform, paid-up capital 10cr, promoter holding 50%, revenue 100cr, positive operating profit in 2 of last 3 years, 500 public shareholders.
- Tightening prompted by Gensol case where SME-listed promoter manipulated financials before mainboard migration.
- India suspended Indus Water Treaty with Pakistan (1960) after Pahalgam terrorist attack; closed Attari border, expelled Pakistan High Commission staff.
- Indus Water: Pakistan has 80% rights, India 20%; suspension hits Pakistan agriculture and hydro power.
sme-rulesindus-watermarket-news
Original description
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