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Ep-980 | Daily Money Show | Stock Market News Today
Takeaway
Indian indices rallied on cooler-than-feared US CPI while Kalyan Jewellers news dominated stock-specific chatter.
Summary
- Sensex closed up 318 points at 27042, Nifty up 98 points to 23311; midcap +1.03%, smallcap +1.24%, Bank Nifty +1.08%
- US December core CPI came in at 3.3% (in-line), easing fears that Fed would delay rate cuts and giving Indian markets positive momentum
- Detailed discussion of Kalyan Jewellers controversy that created confusion in markets over past few days
- Walks through other key market updates one by one
daily-money-showniftyus-cpi
Original description
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