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# 494 Daily Money Show | Money Purse Stock Market News
Takeaway
Weak loan book contraction and margin compression dragged financials; market in continuous correction mode.
Summary
- Sensex -220 to 60,286, Nifty -43 to 17,721 amid continuous weakness for the week.
- Loan book down 17.52% with margins under significant pressure quarter-on-quarter.
- Operating revenue under pressure on QoQ basis.
- Selective positive momentum names mentioned but transcript heavily distorted.
daily newsmarket correctionfinancials
Original description
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