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Ep-802 Daily Money Show | Money Purse Stock Market News

Original: # 802 Daily Money Show | Money Purse Stock Market News

42.1K views · May 02, 2024 · 20:46 min · Watch on YouTube ↗
Takeaway

Fed status-quo with no rate-cut hints kept Indian markets calm while financial stocks faced stock-specific pressure.

Summary

  • Sensex up 128 to 74611, Nifty up 43 to 22648; midcap +0.84%, smallcap +0.18%, Bank Nifty -0.34%
  • Pressure in financial services: Kotak Bank and ICICI Bank both under pressure with specific news updates
  • US Fed held interest rates as expected with no rate-cut clarity from the meeting
  • April GST collection data also released - covered alongside results
daily-money-showkotak-bankfed
Original description
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Team Money Purse

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