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#679 Daily Money Show: Stock Market News
Original: # 679 Daily Money Show | Money Purse Stock Market News
Takeaway
75% of India's Rs 1 lakh crore defence capital budget is now reserved for Make-in-India suppliers — major tailwind for domestic defence companies.
Summary
- Global markets pressured; staggered manner investment approach recommended
- Defence Capital acquisition budget: ~Rs 1 lakh crore, 75% now reserved for Indian manufacturing (Make-in-India)
- Friday question covered electronics manufacturing contract: Infocom Private Electric, IND-SCI Allied/Aluminum, Central Excise and Service Tax safety/toxicology standards
- Reliance Beauty and personal fashion retail, S Chand, Z Beauty Retail Ventures coverage
- Zomato segment numbers: food delivery, Hyperpure supply, quick commerce revenues; consolidated growth 16-29% range; volume drop in some segments
daily marketdefenceZomato
Original description
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