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#845 Daily Money Show - Money Purse Stock Market News
Original: #845 Daily Money Show | Money Purse Stock Market News
Takeaway
HDFC Bank's improved shareholding pattern triggered a 63-point Nifty contribution and a broad bank-led rally.
Summary
- Sensex +545 to 79,986; Nifty +162 to 24,286; mid-cap +0.86%; small-cap +0.85%; Bank Nifty +1.77%.
- HDFC Bank alone contributed 63 of Nifty's 162-point gain after releasing its June quarter shareholding pattern — FII/DII flows interpreted positively.
- Shareholding pattern from March end vs June end showed favorable changes that drove the stock higher.
- Daily roundup with HDFC Bank as the day's key driver.
HDFC Bankshareholdingdaily money show
Original description
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