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Ep-1227 | Stock Market News | #dailymoneyshow
Takeaway
US-India trade-deal blame game continues; Friday's tariff verdict and RBI February rate decision are key catalysts amid market correction.
Summary
- Sensex -604 to 83,576; Nifty -193 to 25,683; midcap -0.93%, smallcap -1.66%.
- US Commerce Secretary Howard Lutnick blamed India for delayed US-India trade deal, claiming PM Modi didn't call Trump despite 3 Fridays of opportunity; India MEA denies โ said Modi-Trump spoke 8 times in 2025.
- India holding firm on agriculture/dairy market access; refusing US pressure to protect Indian farmers.
- Friday's US Supreme Court ruling on Trump tariff legality awaited; Trump's Plan B is Section 122 of Trade Act 1974 for 15% tariffs over 150 days.
- RBI MPC Feb 1 expected to cut rates 25 bps โ positive for economy; short-term money should not be in equities given current volatility.
trade-dealtariffsRBI
Original description
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