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#829 Daily Money Show | Money Purse Stock Market News
Takeaway
Suzlon faces a corporate governance red flag as an independent director resigned citing transparency concerns.
Summary
- Sensex -203 to 76,490; Nifty -30 to 23,259; midcap +0.46%, smallcap +1.23%
- IT and financial services dragged Nifty in last hour of trading
- US Fed meeting on June 11-12 is key event; outcome and rate-cut commentary critical to track
- Suzlon independent director Mr Mark resigned alleging corporate governance lapses over 18 months
- Suzlon investors should pay attention — resignation letter mentions lack of transparency and openness in communications
SuzlonCorporate GovernanceUS FedIT SectorDaily Update
Original description
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