← back
#881 Daily Money Show: Stock Market News
Original: #881 Daily Money Show | Money Purse Stock Market News
Takeaway
UPS dramatically improves central government employee pensions vs NPS — 50% of basic pay assured with CPI indexation; major fiscal commitment.
Summary
- Sensex +611 to 81,698; Nifty +187 to 25,010; midcap +0.52%, smallcap +0.42%, Bank Nifty +0.42% — Jackson Hole Powell speech triggered global rally on rate-cut hopes
- Government announced Unified Pension Scheme (UPS) for central govt employees: 50% of last 12-month basic pay as assured pension after 25 years service; minimum Rs 10,000 after 10 years
- UPS details: govt contribution raised from 14% (NPS) to 18.5%; family pension 60%; gratuity + lumpsum (1/10 of monthly emoluments per 6 months service); CPI-indexed inflation protection
- Reliance AGM on Aug 29 — markets eager for announcements on energy investments, Reliance Retail IPO, and Jio separation/IPO
- Paytm fell on news SEBI issued show-cause notice to founder Vijay Shekhar Sharma over ESOP eligibility violations under promoter classification norms
daily marketUnified Pension SchemeReliance AGM
Original description
To support our channel use the link below IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1 AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4 You can compare Term Insurance here 👉https://bit.ly/46hsSJA You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc TELEGRAM: https://telegram.openinapp.co/money-purse You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance. Stay In Touch👇 Also connect with us on👇 📷Instagram: https://www.instagram.com/moneypurseadv/ 🕊Twitter: https://twitter.com/Moneypurseadv 📱Facebook: https://www.facebook.com/moneypurseadv/ Thanks for watching.. Team Money Purse 00:00 Market Update 01:38 New pension scheme update 04:06 Ambani New announcements 05:33 Paytm Stock Update 06:46 Aarti Drugs Stock Update 07:28 BHEL Stock Update 07:55 Shilpa Medicare Stock Update 08:52 Interarch building IPO 09:12 Vishnu Chemicals Stock Update 09:41 JIO Financial Stock Update 10:23 Honasa Consumer Stock Update 11:14 KPI Green Stock Update 11:33 SBI Bank Online fraud Scam 13:17 RBI New Announcement 14:11 NIIT Stock Update 14:43 KEC International Stock Update 15:12 ZEN TECH Stock Update 15:51 Jai corp Stock Update 16:18 DR. Reddy's Stock Update