#835 Daily Money Show — Stock Market News

Original: #835 Daily Money Show | Money Purse Stock Market News

57.9K views · Jun 19, 2024 · 16:55 min · Watch on YouTube ↗

Takeaway

Watch the June 22 GST Council meeting — slab rationalization could re-rate select sector stocks (insurance, FMCG, autos).

Summary

June 22 GST Council meeting expected to bring GST slab changes across certain sectors.
Discusses which sectors and which listed companies could benefit from potential GST rate cuts.
Market: Sensex +36 pts to 77,337; Nifty -41 pts to 23,516; Bank Nifty +1.0% (only positive index).
Mid/smallcaps slightly negative — narrow market with banking outperformance.

GST Councilsector rotationBank Nifty

Original description

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Date 19-06-2024
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