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Ep-1266 | stock market news | #dailymoneyshow
Original: Ep-1266 | stock market news | #dailymoneyshow
Takeaway
Crude oil collapse on Trump's 'Iran defeated' statement triggered broad-based rally; hotels hit by gas-supply issue.
Summary
- Crude oil fell from $17 (likely $77) yesterday to $87 today after Trump's statement (transcript appears to have OCR errors)
- Sensex +639 to ~78,025; Nifty +233 to 24,261; midcap +1.66%, smallcap +2.04%, Bank Nifty +1.66%
- Trump claims US has completely defeated Iran's military, navy, and air force โ war may end soon
- Hotel sector hit by gas-supply interruption โ some hotels suspending operations
- Defence sector has interesting upcoming update; stock-of-the-day featured
Crude OilIranTrumpHotelsDefence
Original description
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