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# 352 Daily Money Show | Money Purse Stock Market News
Takeaway
Sugar stocks rallied on policy support and Mahindra detailed an Rs 8,000 cr EV-SUV roadmap targeting first launch by Sept 2022.
Summary
- Nifty closed near 16,220; mid-cap +0.01%, small-cap +0.30%, Bank Nifty +0.58%.
- Government short-term positive updates lifted sugar stocks 2.75-4.76%.
- Mahindra electric vehicle business plan: Rs 8,000 cr capex between FY24-FY27, new SUV portfolio.
- Mahindra targets first EV SUV launch by September 2022 — model details teased.
- General results and sectoral roundup.
Sugar StocksMahindraEVPolicyAuto
Original description
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