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Ep-1264 | Daily Money Show
Original: Ep-1264 | stock market news | #dailymoneyshow
Takeaway
Crude spike risk from Iran-US tensions is the dominant short-term market driver โ defensive positioning warranted.
Summary
- Qatari minister said crude oil at ~$80 could reach $150/barrel in 2โ3 weeks โ major market negative
- Sensex crashed 1097 points to 78,918; Nifty -315 to 24,450; Bank Nifty -2.15%; broad-based correction
- US trying to bring Iran under control because China imports heavy crude from Iran
- Karnataka government decision lifted liquor stocks; RVNL and IRCON-related important update
crude-oiliranliquor-stocks
Original description
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