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# 476 Daily Money Show | Money Purse Stock Market News

61.5K views · Jan 10, 2023 · 15:28 min · Watch on YouTube ↗
Takeaway

Markets pulled back on Fed commentary; Tata Motors mixed vehicle sales and Rate Gain's stagnation typical of post-IPO new-age tech.

Summary

  • Sensex fell 631 pts to 50,187; Nifty down to 17,914; small cap and Bank Nifty corrected ~0.55-1.33%.
  • US Fed San Francisco president comments influenced sentiment.
  • Industry data: market size growing from 12B USD (2020) to 25B USD (2013) to 43B USD — startups delivering 53% CAGR but COVID-19 impacted some segments.
  • Tata Motors commercial vehicles down 5% YoY; wholesale passenger vehicles up 23% YoY; chip supply constraints noted.
  • Rate Gain stock stuck despite decent fundamentals — common issue with newer tech IPO companies.
daily marketFedTata Motors
Original description
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Thanks for watching..
Team Money Purse

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