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# 583 Daily Money Show | Money Purse Stock Market News

35.2K views ยท Jun 16, 2023 ยท 16:03 min ยท Watch on YouTube โ†—
Takeaway

Broader market indices outperformed on the day while FII selling and rupee weakness continue to drive volatility in export- and import-sensitive stocks.

Summary

  • Midcap index up 0.71%, smallcap index up 0.85%, Bank Nifty up 1.14%
  • Discussion of Indian companies with foreign operations and currency exposure - example of 100 rupees becoming 60 rupees impact from currency moves
  • Foreign holders sold shares worth Rs 725 crores at Rs 113 per share
  • Currency-driven sales volume impact on certain stocks flagged
  • FII flow update for the trading week covered
MidcapSmallcapFIICurrencyBank Nifty
Original description
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Team Money Purse

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