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# 680 Daily Money Show | Money Purse Stock Market News
Takeaway
Markets rallied on a dovish Fed outcome while the government clamped down on illegal betting apps and defense/EV manufacturing names showed expansion-led growth.
Summary
- Sensex rose 594 points and Nifty rose 181 points on the back of the US Fed meeting outcome
- Government via Ministry of Electronics and Information Technology cracked down on 22 illegal betting and gambling apps with retail trader gambling concerns flagged
- Capacity expansion announcements highlighted, including a 12000 KL water-based paint plant and HPL Truck Aviation segment activity
- Defense and aviation segment numbers, plus an electric bus manufacturer (Olectra Greentech) seeing growth
- Special manufacturing battery cells, modules and packs project on greenfield construction with profit growth commentary
SensexNiftyUS FedGambling BanEV
Original description
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