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DMS-1147 Stock Market News
Original: DMS - 1147 Stock Market News | #dailymoneyshow
Takeaway
Trump's backdown and incoming US negotiators in Delhi could finally unlock the long-stalled India-US trade deal, lifting market sentiment.
Summary
- Sensex +594 to 82,380; Nifty +169 to 25,239; midcap +0.67%, smallcap +0.75%, Bank Nifty +0.47% on positive sentiment
- US trade negotiator Brendan Lynch arrived in New Delhi to restart India-US trade deal talks - Trump backed down after India moved closer to China
- ITR filing deadline extended to today due to portal technical issues - file immediately to avoid penalty
- Fed meeting starts today; market pricing in 25 bps rate cut; Trump softening on China too, signaling possible Xi Jinping call
- Redington jumped on iPhone 17 strong pre-order demand (sales start Sept 19); 1.11% equity (Rs 239 cr) block deal in stock - SEBI rolling out investor protection measures
trade dealiPhone 17Fed
Original description
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