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Ep-1063 | Daily Money Show | Stock Market News Today
Takeaway
Market dipped on Moody's US downgrade and rising COVID variant cases globally, with quirky stories around Vishal Megamart hiring and lab-grown gold dominating discussion.
Summary
- Sensex fell 271 points to 82,059; Nifty fell 74 points to 24,945; mid-cap +0.16%, small-cap +0.66%, Bank Nifty +0.12%.
- Moody's downgraded US credit rating due to rising $36 trillion debt burden, triggering global market pressure.
- COVID-19 cases rising in Singapore, Hong Kong, Thailand due to JN.1 Omicron sub-variant; IPL player Travis Head also tested positive.
- Vishal Megamart's tough hiring tests for security guard posts (quantitative analysis, current affairs) went viral on social media with IIT/cricketer memes.
- Scientists briefly converted lead into gold — speculation on lab-grown gold's future impact on prices; Vodafone Idea filed Supreme Court plea for AGR dues relief.
market newsCOVIDgold
Original description
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