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Ep-1196 | Stock Market News | Daily Money Show
Original: Ep-1196: Stock Market News | #dailymoneyshow
Takeaway
Russia-Ukraine peace optimism plus rate-cut hopes triggered a broad rally; Indian cricketers Rohit Sharma and Tilak Varma taking stakes in Swaraj Suiting is a notable small-cap signal.
Summary
- Sensex +1022 to 85,609; Nifty +320 to 26,205; Mid +1.21%, Small +1.15%, Bank Nifty +1.2% β broad rally on Russia-Ukraine peace-talk hopes
- Trump says framework for Russia-Ukraine peace progressing; officials meeting in UAE β Dow futures and global markets all positive
- Watch list: India Q2 GDP Friday; RBI + Fed meetings in December with rate-cut expectations
- Emirates NBD's CEO calls India the right entry market; foreign interest growing in cheap Indian private banks (most sectors below 5yr median PE)
- Swaraj Suiting (textile small cap) doing βΉ103 cr preferential issue at βΉ236 + βΉ160 cr warrants β Rohit Sharma, Tilak Varma and Abhishek Nayar each got 11,000 shares
Russia-UkraineSwaraj Suitingrate cut
Original description
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