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DMS -1189 Stock Market News | #dailymoneyshow
Original: DMS -1189 Stock Market News | #dailymoneyshow
Takeaway
India-US LPG deal advances trade talks, exports defied global volatility, but Tata Motors PV guidance cut underscored auto-sector caution.
Summary
- Sensex +388 to 84,950, Nifty +103 to 26,013, with financial services contributing 55 of the 103 Nifty points.
- Oil Minister Hardeep Singh Puri tweeted India PSU oil companies signed deal to import 2.2 MMTPA US LPG—10% of annual imports—boosting India-US trade deal hopes.
- Tata Motors PV segment cut guidance over weekend, putting stock under pressure despite broad market positivity.
- Exports +4.8% in first 7 months FY; non-petroleum exports +3.92%, service exports +9.75% despite global trade uncertainty.
- US granted tariff exemption on 254 Indian products (229 agri items) boosting fruits/nuts/processed foods/spices/tea/coffee exports.
- Mumbai CNG supply halted after MGL Wadala pipeline damage; expected restoration by Tuesday.
trade dealexportsTata Motors
Original description
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