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#948 Did You Use This New Feature in Your Demat Account? | Daily Money Show
Original: #948 మీ Demat Account లో ఈ కొత్త Feature వాడారా? | Daily Money Show
Takeaway
Weak Q2 GDP shrugged off on H2 recovery hopes; RBI meet (Dec 4-6) and UltraTech's new capacity are key triggers ahead.
Summary
- Sensex +445 pts to 81,248; Nifty +144 pts to 24,276; mid-cap +1.08%, small-cap +0.71%; Bank Nifty flat.
- Q2 GDP came in weaker than expected; markets recovered after Economic Affairs Secretary said H2 GDP growth will improve based on Oct-Nov high-frequency indicators.
- Reliance contributed ~25 pts of Nifty's 142-point gain on a specific positive trigger.
- Two key events to track: RBI MPC meeting Dec 4-6 (possible rate cut signals), and high inflation lately makes the meeting outcome critical.
- UltraTech announced additional cement capacity coming online - positive trigger for the stock; cement demand expected to ramp.
GDPRBI MeetingRelianceUltraTechCement
Original description
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