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#820 Daily Money Show | Money Purse Stock Market News
Original: # 820 Daily Money Show | Money Purse Stock Market News
Takeaway
Above-normal monsoon forecast and accumulate-call on TCS are key positives - LIC eyeing health insurance entry too.
Summary
- Sensex -0.29% and Nifty -0.19%; Bank Nifty -0.28%; mid-cap -0.7%, small-cap -1% as nervousness builds ahead of next week's results
- IMD forecasts above-normal monsoon - very positive for rural economy and rural-focused FMCG/agri stocks
- Trendlyne Research recommends accumulating TCS as a blue-chip with Rs 6,300 target (60% upside) on potential breakout and US Fed rate-cut tailwind
- Divis Labs continued its positive momentum
- LIC Chairman Siddharth Mohanty (per PTI) said LIC is exploring entry into Health Insurance, including possible acquisitions
Daily Money ShowMonsoonTCSLICHealth Insurance
Original description
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