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Daily Money Show 929 - Stock Market News
Original: # 929 Daily Money Show | Money Purse Stock Market News
Takeaway
Markets sold off pre-US-elections and China stimulus uncertainty, but specialty engineering (aerospace, solar) wins offer pockets of opportunity.
Summary
- Sensex -941 to 78,788, Nifty -39; midcap -1.14%, smallcap -1.72%, Bank Nifty -0.89% on US election and China stimulus uncertainty.
- Aerospace Engineers wins ~$82.8M contract for gas/thermal turbine airfoils; Reliance Retail seizes 90 mushroom packets in food-safety raid.
- Premier Energies subsidiaries (solar panel manufacturer) sign 47.5 MW supply contracts; ICICI rates discussed.
- Tractor sales for the quarter at 15,762 units (vs prior year 15,544) - mild YoY growth; sugar MSP and EV fiber-network updates flagged.
daily money showaerospacesolar
Original description
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