auto major tata motors ltd reported a 26993 billionrupee 380 billion loss last friday indian shares were little changed in a lowvolume trading on tuesday as investors awaited a key inflation data due later in the day a reuters poll of 30 economists predicted consumer price inflation cpi to have accelerated to 248 percent in january from 219 percent in december if the consensus estimate is met it would mark the sixth month in a row where inflation was below the reserve bank of indias mediumterm target of 4 percent the rbi unexpectedly lowered interest rates at its monetary policy meeting on thursday after a slide in inflation rate with governor shaktikanta das hinting at further rate cuts if inflation remained muted advt analysts also suggested that markets were feeling the effect of tepid corporate earnings in the december quarter earnings have been mixed for q3 though the companies posted revenue above or inline with consensus estimates margins were missed by many companies said anupam singhi chief operations officer marketsmith india a part of investment advisory william oneil india disappointing earning growth is leading to current market underperformance auto major tata motors ltd reported a 26993 billionrupee 380 billion loss last friday while mahindra and mahindra ltds profit shrunk 11 percent the broader nse index was steady at 108871 as of 0531 gmt while the benchmark bse index was barely changed at 3638413 nses it index which includes infosys and tcs fell 160 percent both infosys and tcs traded 2 percent lower metal and mineral stocks were among the gainers with hindustan copper ltd jumping more than 4 percent after a strong quarterly performance and coal india ltd advancing 2 percent ahead of its decemberquarter results earlier reliance general insurance co ltd owned by reliance capital ltd filed for an initial public offering consisting of a fresh issue of shares worth up to 2 billion rupees reuters published on feb 12 2019 at 0347 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app inflation data shaktikanta das mahindra rbi cpi homenewsindustryindian shares muted ahead of inflation data