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# 722 Daily Money Show | Money Purse Stock Market News

57.3K views · Jan 04, 2024 · 20:05 min · Watch on YouTube ↗
Takeaway

Long-term equity investing in quality companies beats short-term volatility — Sensex's 11x in 20 years and Gujarat MoUs both reinforce the buy-and-hold thesis.

Summary

  • Sensex +490 to 71,847; Nifty +141 to 21,658; Sensex has delivered ~1100% (11x) returns over 20 years from 6,000 in Jan 2004.
  • Sobha Limited stock jumped 15%+ on Motilal Oswal's Rs 1,400 target — real estate theme rallying due to strong project bookings, post-COVID urban migration, rising rents.
  • Gujarat government signed MoUs worth Rs 717+ trillion with 58 companies in energy/oil/gas/chemicals — NTPC Rs 700B, Torrent Power Rs 474B, DCM Shriram Rs 12,000 crore.
  • Indian G20 official website faced 16 lakh cyberattacks last year per CERT-In; Torrent Power +7%, NTPC/PFC +3%, DCM Shriram +9% on MoU news.
real estateGujarat MoUlong-term investing
Original description
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Thanks for watching..
Team Money Purse

00:00 Market update
00:35 11 Bagger opportunity
02:41 Real Estate Stocks Update
05:10 Gujarat government MOUs
06:27 China Attack on Us
08:15 IEX Business Update
08:43 Welspun corp order
09:12 Jupiter Wagons & BEML Orders
10:06 MazagonDoc Ship builders, IRFC & NLC India Update
11:26 JIO Fin Update
12:18 Balaji Amines Update
12:54 GMR Airports Blockdeal
13:13 Adani Ports Fundraise
13:51 Suryaroshini order
14:22 Dhampur sugar buyback
15:19 Skipper rights issue
15:51 LTIMindtree Demand Notice
16:36 KPI Green energy order
17:03 Bajaj Finance business update
17:35 Ujjivan SFB Business Update
18:14 Au Small SFB Business Update
18:42 Poonawalla Fincorp Business Update
19:16 Angelone Business Update