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#947 Daily Money Show | Stock Market News
Original: # 947 Daily Money Show | Money Purse Stock Market News
Takeaway
India Q2 GDP slowed sharply to 5.4% — a red flag for cyclicals despite IT and PSU Bank strength.
Summary
- Sensex rose 759 points to 79,802; Nifty +216 to 24,131
- Best November sectors: IT, Realty, PSU Banks; worst: Energy, Commodities, Pharma, Metal, FMCG
- Q2 GDP growth dropped to 5.4% from 8.1% YoY and 6.7% in Q1
- Notes the GDP miss is a meaningful negative for cyclical sectors
gdpsector-rotationmarket-news
Original description
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