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#449 Daily Money Show | Money Purse Stock Market News
Original: # 449 Daily Money Show | Money Purse Stock Market News
Takeaway
SEBI is cracking down on AMC links to unofficial Telegram tip-groups; separately, falling PVC resin prices help pipe-makers' volume outlook over the next year.
Summary
- Sensex up 415 points to 62,868; Nifty up 116 points to 18,696; smallcap +0.58%, Bank Nifty +0.36%.
- SEBI press release: mutual fund companies and asset managers shouldn't be associated with unauthorized telegram/social-media stock-tip groups.
- Highlights a pipes/agri-plumbing company - PVC resin prices off 43%, supporting volume score over 12-18 months.
- Auto component company with Rs 420 crore order book covering gaskets, heat shields, forgings and chassis - 5-year EV opportunity from leading domestic OEMs.
sebipvc-resinev-components
Original description
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