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# 741 Daily Money Show — Stock Market News
Original: # 741 Daily Money Show | Money Purse Stock Market News
Takeaway
IMF's upward GDP revision to 6.7% drove a strong Nifty rebound — signals continued economic resilience.
Summary
- Market recovered: Sensex +612 pts to 71,752; Nifty +203 pts to 21,725; Midcap +1.65%, Smallcap +1.83%, Bank Nifty +1.39%.
- IMF revised India FY24 GDP growth forecast UPWARDS from 6.3% to 6.7% — driver for positive momentum.
- Confirms structural strength in Indian economy versus prior bearish revisions.
- Covers results and important corporate updates from the day.
IMFGDPNifty
Original description
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