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# 807 Daily Money Show | Money Purse Stock Market News
Takeaway
Heavy market correction from FII selling and Fed inflation comments; Paytm rallied on RBI UPI charges discussion and new ONDC mobility play.
Summary
- Sensex closed at 72,404 (-1062); Nifty at 21,957 (-345); 5-day Sensex fall ~2500 points on FII selling and post-election profit booking
- Boston Fed President Susan Collins said US inflation not yet under control - rates to stay at current levels longer
- April MF data: equity inflows down 16% MoM but mid-cap and small-cap inflows rose; large-cap inflows dropped sharply; new KYC rules causing investor friction
- Paytm jumped 5% (upper circuit) on RBI discussion of UPI transaction charges for large shops and Paytm's Ola/Uber-style ONDC auto-rickshaw booking plans
- Tata Motors launched Tata Ace EV 100 cargo vehicle with 161 km range for FMCG/beverages/paints/LPG/dairy sectors
- Maruti launched 2024 Epic Swift starting at ₹6.49 lakh (10% better fuel efficiency manual, 14% AT); 6.5 million Swifts sold globally over two decades
fii-sellingpaytmtata-motors
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