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# 779 Daily Money Show | Money Purse Stock Market News

69.8K views · Mar 27, 2024 · 16:33 min · Watch on YouTube ↗
Takeaway

Positive macro day with CAD narrowing; broker spotlights Gravita (battery waste policy beneficiary) and Tata Motors/CG Power turnaround themes as long-term plays.

Summary

  • Sensex/Nifty closed positive ~0.7%, Bank Nifty +0.4%, mid/small caps positive; total market cap touched 4 lakh cr.
  • Current Account Deficit narrowed to $10.5bn vs $11.4bn QoQ and $16.8bn year ago — positive for INR.
  • Adani Green commissioned 180 MW Rajasthan solar plant with 25-year PPA (540 million units/year); Varun Beverages completed South Africa acquisition (corporate guarantee Rs 6.6bn).
  • Kotak research on Gravita India: lead recycling leader; 65% unorganized market expected to formalize after India's Battery Waste Policy; target Rs 1200.
  • Other items: Standard Chartered sold $1,250 cr stake in CDSL; Murugappa Group's CG Power turnaround highlighted; TVS-ABB India target raised to Rs 5,380-7,550; Manorama Industries (cocoa butter) and Shree Pushkar mining license updates.
market newsGravitaCG Power
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Thanks for watching..
Team Money Purse

00:00 Market Update
00:56 Indian Current Deficit Data
01:17 Big Positive for Airline Stocks
02:34 Adani Green Update
02:51 Varun Beverages Update
03:13 Gravita Big Opportunity
04:27 AMC Company Report 
05:53 4 stocks to focus
07:03 Chocolate Company Update
07:39 Tata New IPO
08:24 CG Power big Update
10:18 T+0 settlements
10:37 Shyam Metallics Update
11:27 ICICI Securities Update
12:46 Suzlon Update
13:13 Krishna Defence Update
13:35 Bharat forge Update
14:49 Funny Update 
15:19 Pakka Ltd