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# 792 Daily Money Show | Money Purse Stock Market News
Takeaway
Israel-Iran tensions drag markets, Nestle faces sugar-in-baby-food scandal, and India opens 100% FDI in space ahead of Musk visit.
Summary
- Sensex down 454 pts to 72,488; Nifty down 152 pts to 21,995; markets sold off on Israel-Iran war escalation fears.
- Israel PM said Iran counterstrike coming next week; Finance Minister vowed retaliation 'no one will dare oppose Israel again'.
- UK Ministry of Defence announced 12 billion pounds digital/IT framework over 4 years — Mastek selected as one of multiple suppliers (not sole), causing stock volatility.
- Nestle's Cerelac flagged: Public Eye Swiss investigation found 3g sugar/serving added in India, 4g in South Africa, similar in Brazil; Indian health ministry to investigate.
- Finance Ministry notified 100% FDI in space sector ahead of Elon Musk's India visit — positive for MTAR, Centum Electronics, Data Patterns. Ramkrishna Forgings got Tesla approval for powertrain components.
Israel IranNestle Cerelacspace FDI
Original description
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