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#899 Daily Money Show | Money Purse Stock Market News

Original: # 899 Daily Money Show | Money Purse Stock Market News

69.9K views · Sep 19, 2024 · 20:26 min · Watch on YouTube ↗
Takeaway

Rate-cut rally hid midcap/smallcap pain; rotate into attractive valuation sectors (banks, pharma, IT) and pre-buy NTPC for green-energy IPO shareholder quota.

Summary

  • US Fed cut rates 50 bps; Sensex +236 to 83,184, Nifty +38 to 25,415; midcap -0.4%, smallcap -1%, despite headline gains most portfolios closed lower on midcap/smallcap sell-off.
  • Sector rotation expected: profit booked from stretched midcap/smallcap into attractive valuation sectors — private banks, pharma, IT, housing finance.
  • NTPC Green Energy Rs 10,000 cr IPO DRHP filed; buy one NTPC share to qualify for shareholder quota allotment.
  • Reliance Jio Diwali Dhamaka: 1-year free JioAirFiber for those spending Rs 20,000+ at Reliance Digital stores; Rs 222 3-month plan gets 12 monthly coupons (Nov 2024 - Oct 2025).
  • Recommendation of 'Stock Investing Master Mind' book for investor psychology and market cycles.
sector-rotationFedNTPC-IPO
Original description
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EP - 899
Date - 09- 19 -2024
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