Daily Money Show #294: Stock Market News

Original: # 294 Daily Money Show | Money Purse Stock Market News

72.5K views · Apr 19, 2022 · 14:55 min · Watch on YouTube ↗

Takeaway

Watch IPL streaming rights auction outcomes for media stock implications; order wins like Pannar's ₹498 cr support stock-specific picks.

Summary

Second-half sudden fall: Sensex -703 points (closing at 463 points net negative), Nifty -215 points closing at 16,958.
IPL media rights: streaming and broadcast online auction starts June 12; Amazon, Walt Disney, and Reliance Industries among bidders — outcome will impact OTT/media stocks per Bloomberg updates.
Panama Industries (Pannar Industries) bagged orders worth ₹498 crore across various business verticals scheduled for February-March execution.
Brief market wrap with focus on session lows and individual stock catalysts.

daily-marketipl-rightsorder-wins

Original description

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