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# 731 Daily Money Show | Money Purse Stock Market News
Takeaway
HDFC Bank's disappointing Q3 plus Fed delay signals dragged Nifty 460 points; financials led the carnage.
Summary
- Sensex -1628 to 71,500; Nifty -460 to 21,571; Bank Nifty -4.28% — sharp correction
- HDFC Bank mixed Q3 numbers dragged Nifty by 235 points — single largest contributor to fall
- Financial services sector pulled Nifty down 353 of the 460 points
- Fed Governor Christopher Waller said rate cuts may take longer than market expected
- Adani Group signed MoUs worth Rs 12,400 crore with Telangana government at Davos including 100 MW data center
HDFC BankQ3 ResultsUS FedAdaniDavos
Original description
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