← back
#491 Daily Money Show | Money Purse Stock Market News
Original: # 491 Daily Money Show | Money Purse Stock Market News
Takeaway
Adani group under heavy pressure as FPO cancelled, global banks pull collateral acceptance, and RBI probes Indian bank exposure.
Summary
- Sensex closed +224 at 59,932; Nifty -5 at 17,610; Bank Nifty +0.39% on a volatile session.
- US Fed hiked rates 25bps as expected and made positive inflation comments; US tech stocks rallied.
- Adani Enterprises cancelled its 20,000 crore FPO despite full subscription because stock had fallen below FPO price post Hindenburg report — refunds to investors.
- Citigroup followed Credit Suisse in refusing Adani securities as collateral for margin loans; RBI reportedly asked banks about Adani exposure.
- IDFC announced 2,200 crore investment into IDFC First Bank from MF sale proceeds raising stake to 40%; declared Rs.1 special dividend.
adanimarket-newsrbi
Original description
You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance. You can compare Term Insurance here 👉 https://tinyurl.com/bdysmh59 You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc Music in video Used from Epidemicsound: https://share.epidemicsound.com/octxox Stay In Touch👇 Also connect with us on👇 FACEBOOK: https://www.facebook.com/moneypurseadv/?ref=bookmarks INSTAGRAM: https://www.instagram.com/moneypurseadv/ TWITTER: https://twitter.com/Moneypurseadv Thanks for watching.. Team Money Purse 00:00 Market Update 01:36 Adani negative update 05:44 IDFC - IDFC First bank 06:37 Clean science results 07:39 Dr Lal Pathlabs results 08:25 APL Apollo tubes results 08:49 Ujjivan results 09:33 CDSL results 09:52 Craftsman automation 10:23 Atul Auto 10:54 ISGEC heavy eng 11:23 Ion exchange 12:05 Birlasoft 12:52 RVNL 13:24 Ujjivan financial services and Ujjivan SFB merger update