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Ep-962 | Daily Money Show | Stock Market News Today
Takeaway
Sharp 1.5%+ drop driven by Fed meeting and US shutdown risk; Maruti's eVitara EV launch is a stock-specific positive to track.
Summary
- Sensex -1176 pts to 78,041; Nifty -364 pts to 23,587; mid-cap -2.35%, small-cap -2.3%, Bank Nifty -1.58% - sharp drop.
- US Fed meeting outcome triggered global selloff; Dow futures also in negative.
- Risk of US government shutdown rising as spending bill faces opposition from Donald Trump's camp - already a concern in September.
- Some management gave 'shocking guidance' in a recent concall - host promises detailed discussion in the video.
- Maruti Suzuki to launch eVitara EV - good response could be positive for the stock.
US FedGovernment ShutdownMaruti SuzukieVitaraMarket News
Original description
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