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Ep 1197 Daily Money Show - Commonwealth Games 2030 and Jal Jeevan Funds
Original: Ep-1197: Stock Market News | #dailymoneyshow
Takeaway
JP Morgan's 30,000 Nifty target and Commonwealth Games infra boost are positives; Jal Jeevan fund freeze is the new overhang on water stocks.
Summary
- Sensex +110 to 85,720; Nifty +10 to 26,215; smallcap -0.38%, Bank Nifty +0.35%
- JP Morgan turned bullish: Nifty target 30,000 by end of 2026; Fitch raised India FY26 GDP growth forecast from 6% to 6.5%
- India to host 2030 Commonwealth Games in Ahmedabad - Neela Spaces (+5%), PSP Projects, Ganesh Housing reacted positively but actual contracts go to 2030
- Central govt withholding Jal Jeevan Mission funds till states act on corruption reports - hits NCC, Kalpataru and water-theme stocks like Va Tech Wabag
Nifty targetCommonwealth GamesJal Jeevan
Original description
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