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# 546 Daily Money Show | Money Purse Stock Market News
Takeaway
Indian markets recovered on positive results while US regional banking stress and incoming US GDP data remain key global risks to watch.
Summary
- Sensex closed up 169 points at 60,300 and Nifty up 44 points at 17,813 with smallcap index gaining 0.60% and Bank Nifty 0.35%
- Important update on Gujarat-based PSU companies discussed, alongside quick results coverage
- US regional bank First Republic Bank crashed nearly 50% after weak results showing major deposit outflows, raising US banking crisis concerns
- Channel routinely releases a results video at 7:30 AM next morning so viewers can review earnings before market open
- US GDP data release flagged as an important next-day trigger which will influence the Fed's next move
SensexNiftyFirst Republic BankUS GDPPSU
Original description
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