#893 Daily Money Show | Money Purse Stock Market News

73.9K views · Sep 11, 2024 · 17:58 min · Watch on YouTube ↗

Takeaway

Tata Motors crashed ~6% on US news while JSW Infra rallied on a planned QIP - markets nervous ahead of US CPI release.

Summary

Sensex -398 pts to 81,523; Nifty -122 pts to 24,918; mid-cap -0.22%, small-cap -0.65%, Bank Nifty -0.51%.
US August CPI data due this evening - markets watching; if inflation rises, US Fed's expected 50bps rate cut may be at risk.
Tata Motors fell ~6% as the US announced certain measures impacting the company.
JSW Infra reacted positively to news of a planned QIP fundraise - awaiting clarification to exchanges.

Tata MotorsJSW InfraUS CPIFed Rate CutMarket News

Original description

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