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#739 Daily Money Show - Money Purse Stock Market News
Original: # 739 Daily Money Show | Money Purse Stock Market News
Takeaway
Reliance and HDFC Bank single-handedly drove nearly half of Nifty's 385-point bounce, underscoring index concentration in heavyweights.
Summary
- Sensex +1,240 to 71,941; Nifty +385 to 21,737; mid-cap +1.5%; small-cap +1.24%; Bank Nifty +1.28%.
- Reliance Industries contributed 142 points and HDFC Bank 37 points of Nifty's gain — together nearly 180 points of the 385-point move.
- Strong recovery rally after several pressured sessions, led by index heavyweights.
- Daily roundup highlights index-heavyweight-driven rally pattern.
RelianceHDFC Bankrally
Original description
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