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# 926 Daily Money Show | Money Purse Stock Market News
Takeaway
Jio-BlackRock AMC JV is a major financial services entry; Hyundai IPO at ₹11,327 cr is the headline new issuance with composite LPG cylinder maker getting positive update.
Summary
- Sensex 83,690 (+363 points), Nifty +127 to 24,460; mid-cap +0.81%, small-cap +0.72%, Bank Nifty positive.
- Jio BlackRock Asset Management JV approved as corporate entity—Jio entering AMC space with BlackRock.
- Stock with 83% of contract manufacturing services in electrical washing and design services; consulting services valued at ₹150-170 million.
- Composite LPG cylinder manufacturers benefit from Supreme Industries positive update.
- Hyundai Motor IPO mentioned, total issue size ₹11,327 cr (fresh ₹4,499 cr, OFS ₹6,828 cr), price band ₹371-390.
Jio BlackRockIPOAMC
Original description
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