← back

#825 Daily Money Show | Money Purse Stock Market News

71.8K views · Jun 04, 2024 · 11:33 min · Watch on YouTube ↗
Takeaway

Don't panic on election-day crash—structural growth themes remain intact, use the fall to buy quality and let SIPs continue.

Summary

  • Election result day: Sensex crashed 4,389 points, Nifty fell 1,379 points; mid-caps -7.75%, small-caps -6.78%, Bank Nifty -7.95%—worst day since Covid.
  • Exit polls had predicted strong NDA majority but actual results showed BJP needs allies, triggering panic across PSU/power/infra/manufacturing stocks.
  • Long-term thesis intact: power demand, water scarcity solutions, infra spending and manufacturing hub story continue regardless of which government forms.
  • SIP investors should not panic and continue; short-term traders should be cautious; market fall is opportunity to buy quality at discount.
  • Worst case alliance govt scenario favors defensive sectors—FMCG, Pharma, IT—which showed positive momentum even on the crash day. Mrs Bectors Foods board to consider stock split on June 19.
electionsmarket crashSIP
Original description
To support our channel use the link below
IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1
AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4
You can compare Term Insurance here 👉https://bit.ly/46hsSJA    
You can compare Health Insurance here  👉 https://tinyurl.com/pgc9dcxc
TELEGRAM: https://telegram.openinapp.co/money-purse


You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel
Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance.

Stay In Touch👇
Also connect with us on👇
📷Instagram:  https://www.instagram.com/moneypurseadv/
🕊Twitter: https://twitter.com/Moneypurseadv
📱Facebook: https://www.facebook.com/moneypurseadv/


Thanks for watching..
Team Money Purse

00:00 Shocking Election Results Time to Sell ?
06:27 Sapphire foods Update
06:48 Bajaj IPO Update
07:15 RVNL Update
07:45 Adani Credit card Update
08:26 Jai Prakash Associates Update
09:14 Sansera Eng Update
09:46 Zee update
10:02 Pnb Stock Update
10:33 Reliance Industries Update