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DMS-1169: Stock Market News
Original: DMS -1169 Stock Market News | #dailymoneyshow
Takeaway
US regional bank fraud reports are pressuring global markets but not a 2008-level threat; gold's run continues amid trade-war hedging.
Summary
- Sensex up 484 to 83,952; Nifty up 124 to 25,709; midcap -0.57%, smallcap -0.27%, Bank Nifty +0.51% — large caps lead but most retail portfolios still negative due to mid/small cap weight
- Two US regional banks reported frauds, pressuring US banking stocks; recalls 2023 Silicon Valley Bank collapse — but regulators stronger now, not a 2008 scenario
- JP Morgan CEO Jamie Dimon makes bold gold prediction; 24-karat 10g gold touched ~Rs 1,35,000 amid central bank buying and trade wars
- Piyush Goyal: India in active FTA talks with US, EU, Oman and other countries — positive for exports
- Trump says he'll meet Zelensky to end war; Russia spokesperson says they'll continue selling high-quality oil cheaply to scared buyers — but India hasn't responded to Trump's claim Modi agreed to stop Russian oil
daily marketUS bankinggold
Original description
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