← back

#905 Daily Money Show | Money Purse Stock Market News

50.4K views · Sep 27, 2024 · 15:46 min · Watch on YouTube ↗
Takeaway

Sequent-Viyash merger and sugar policy support are clear winners; Prataap Snacks low open offer reflects PE's view that turnaround is hard.

Summary

  • Sensex -264 to 85,571; Nifty -37 to 26,178; Bank Nifty -1%; mid/small-caps roughly flat.
  • Sequent Scientific (animal healthcare) jumped 12%+ on merger with Viyash Life Sciences — combined entity to become global animal health leader with 150+ country presence, 200 R&D scientists, 170+ patents.
  • Sugar stocks rallied on government plans to review export curbs, hike MSP, raise ethanol prices; Brazil cutting sugar production creates global shortage.
  • Prataap Snacks (Rs 5 chips packs) — PE firm Authum Investments and Madhu Kela's family member acquiring 46.85% stake via SPA with Rs 864 open offer (below market Rs 1,000).
Sequent mergersugar stocksPrataap Snacks
Original description
To support our channel use the link below
IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1
AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4
You can compare Term Insurance here 👉https://bit.ly/46hsSJA    
You can compare Health Insurance here  👉 https://tinyurl.com/pgc9dcxc
TELEGRAM: https://telegram.openinapp.co/money-purse


You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel
Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance.

Stay In Touch👇
Also connect with us on👇
📷Instagram:  https://www.instagram.com/moneypurseadv/
🕊Twitter: https://twitter.com/Moneypurseadv
📱Facebook: https://www.facebook.com/moneypurseadv/


Thanks for watching..
Team Money Purse

00:00 Market Update
00:32 Sequent Stock News
01:57 sugar Stocks update
03:42 Madhu kela invested in this stock
05:39 Friday question
06:17 RailTel Stock Update
06:47 RVNL Stock Update
07:17 Piramal Enterprises Stock Update
07:44 Rites Stock Update
08:24 Traders alert 
09:25 PTC Industries Stock Update
10:11 SJVN Stock Update
10:53 RS.20/- Media Stock Update
11:37 Alkem Labs & Torrent Stock Update
12:36 OLA electric Mobility 
13:16 Genesys Stock Update
13:31 Waree renewables Stock Update
14:34 Block deals