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#844 Daily Money Show | Stock Market News

Original: #844 Daily Money Show | Money Purse Stock Market News

49.8K views · Jul 02, 2024 · 16:05 min · Watch on YouTube ↗
Takeaway

Hindenburg drags Kotak Bank into Adani saga; Budget may unveil a Rs 3,000 cr rural electrification scheme benefiting power-sector vendors.

Summary

  • Sensex -34 to 79,441 and Nifty -18 to 24,123; Bank Nifty -0.77%.
  • Hindenburg dragged Kotak Bank into Adani allegations; detailed explanation in episode.
  • Upcoming Budget may announce 'Janman' power scheme — 5 lakh rural households to get power connections.
  • Government to provide Rs 2,500-3,000 cr financial assistance for the rural electrification push.
  • Power-sector cable, transformer and EPC plays could benefit if scheme is formally launched.
HindenburgKotakPower SectorBudgetAdani
Original description
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Thanks for watching..
Team Money Purse

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