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# 688 Daily Money Show | Money Purse Stock Market News

47.0K views · Nov 16, 2023 · 18:58 min · Watch on YouTube ↗
Takeaway

Indian election years have historically been positive for markets, strong monsoon adds tailwind, and wind energy/NBFC are themes in focus.

Summary

  • Sensex +306 points, Nifty +89 points; mid-cap +0.64%, small-cap +0.52%.
  • Election year historic returns: 1984 +12.58%, 1991 +2.6%, 1996 +25.1%, 1998 +9.3%—mostly positive in election years.
  • Strong monsoon forecast positive for country.
  • 79% AUM (Asset Under Management) and ₹171 enforcement agencies update.
  • Wind energy solutions: 144 wind turbines across 3 MW series listed with new and renewable energy ministry; NBFC finance focus.
electionswind energymonsoon
Original description
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