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# 732 Daily Money Show | Money Purse Stock Market News

54.8K views · Jan 18, 2024 · 22:41 min · Watch on YouTube ↗
Takeaway

Retail leverage hits record Rs 54,537 cr (1.85x YoY) — bubble warning if markets correct; Aarti Industries lands Rs 6000 cr MNC deal.

Summary

  • Sensex down 313 pts to 71,860; Nifty down 109 pts to 21,462; Bank Nifty fell 0.76% after weak HDFC Bank ADR and mixed Q3 numbers.
  • Margin Trading Funding (MTF) book ballooned from Rs 29,500 cr (Jan 2023) to Rs 54,537 cr (Jan 16, 2024) — retailers borrowing at 7-18% interest to chase rallies, warned as risky.
  • Zerodha board approved Rs 250 cr preferential allotment at Rs 872.74/share — Kamath Associates investing Rs 100 cr, Plutus Wealth Rs 50 cr in Nazara Technologies.
  • Nazara to acquire 10.77% stake in Coffluence Tech, a social media influencer platform with 6 lakh+ creators registered.
  • Aarti Industries signed 4-year MNC contract worth Rs 6000 cr revenue; Dassault Aviation gave Dynamatic Technologies contract for Falcon 6X parts.
MTF leverageretail riskAarti Industries
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Thanks for watching..
Team Money Purse

00:00 Stock market fall
01:52 Retail Investors Important Alert
04:02 Nazara Tech Update
05:18 Aarti Industries update
06:08 Dynamatic Technologies contract update
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