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MarketBuzz

English, News, 1 season, 769 episodes, 1 day, 11 hours, 55 minutes
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The most vital things you should know before the opening bell. Five days a week, powered by CNBC-TV18 Journalists. MarketBuzz breaks the clutter and gives you a complete lowdown of the most vital things that will impact the market. Listen in as our journalists provide you with actionable insights that will help your trading.
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1273: Marketbuzz Podcast with Hormaz Fatakia: Ambuja, Vodafone Idea, Suzlon in the spotlight

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like Ambuja Cements, Suzlon, Vodafone Idea.
6/14/20246 minutes, 23 seconds
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1272: Marketbuzz Podcast With Hormaz Fatakia: Fed to boost Nifty? Nestle, Sobha in focus

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like Nestle India, Sobha and Arvind.
6/13/20247 minutes, 58 seconds
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1271: Marketbuzz Podcast With Hormaz Fatakia: Brightcom Group declares results; All eyes on FOMC

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like the Brightcom Group, IndiGo, HCLTech.
6/12/20246 minutes, 45 seconds
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1270: Marketbuzz Podcast with Hormaz Fatakia: IRB Infra, IndiGo block deals, TRIL QIP in focus

Marketbuzz Podcast: Indian markets may see a flat-to-positive start according to the GIFT Nifty. Watch out for stocks like IndiGo, IRB Infra, and RVNL.
6/11/20247 minutes, 21 seconds
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1269: Marketbuzz Podcast with Hormaz Fatakia: Suzlon, Mphasis in Focus; Macron dissolves assembly

Marketbuzz Podcast: Indian markets may see a flat-to-negative start according to the GIFT Nifty. Watch out for stocks like Suzlon, Mphasis, and Suprajit Engineering.
6/10/20246 minutes, 45 seconds
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1268: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 headed for muted start, all eyes on RBI MPC policy

Welcome to CNBC-TV18’s Marketbuzz Podcast, here are all to updates ahead of the trading session of June 7 -Apart from emerging details on government formation following the 2024 election results, all eyes will be on the Reserve Bank of India's Monetary Policy announcement -RBI Monetary Policy Committee (MPC) is expected to remain on an extended pause and cut interest rates in October. This MPC meeting comes at a crucial time, falling between the recently concluded Lok Sabha elections and the upcoming full budget in July. -This meeting follows a strong GDP growth report for the March quarter and persistent concerns about food inflation. The US Federal Reserve is not inclined to cut rates at this time. Given these factors, the Reserve Bank of India’s MPC is expected to adopt a wait-and-watch approach, with no immediate reason to cut rates. -The market is set to post gains in a week in which it saw its biggest single-day drop in four years and investors wealth worth ₹30 lakh crore is wiped out. The recovery in the Nifty over the last two sessions has been anything but smooth. -The weekly expiry for the Nifty turned out to be a choppy one and even if the index ended above the mark of 22,800, it closed trade 90 points off the day's high. This choppiness may persist until more clarity on government formation and who gets which ministry emerges. The fact that this will also be a coalition government, will be enough to keep the uncertainty lingering till a complete picture emerges. -Today the focus will be on whether the RBI MPC revises either of the GDP or the inflation estimates for financial year 2025. -On the global front, Asian stocks rose this morning as Wall Street wavered ahead of a key US jobs reading that’s likely to guide the Federal Reserve’s policy outlook. Australian and South Korean stocks rose and equities in Japan were steady, while futures in Hong Kong pointed higher. The S&P 500 closed little changed, having stalled near all-time highs, as traders refrained from big bets ahead of US non-farm payrolls data. Contracts for US shares were steady in early Asian trading. US Treasuries were steady while Australian yields edged lower. -Back home, the GIFT Nifty was trading flat, indicating a muted start for the Indian market ahead of the MPC meet outcome.  -Stocks to watch: Wipro, ICICI Bank, Tata Chemicals, PB Fintech, Bajaj Finance, Bajaj Finserv, RVNL, Welspun Enterprises, Hero MotoCorp, Muthoot Microfinance Tune in to the Marketbuzz Podcast for more cues 
6/7/20246 minutes, 58 seconds
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1267: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 headed for gap-up start

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are the top market cues ahead of the trading session of June 6 -The market has been carrying a disclaimer "Not for the faint hearted" for the last three sessions. In fact, at one point on Tuesday, it felt as though the Nifty has gone into a free fall, but it has managed to find some support at lower levels, at least for now. -The recovery seen by the Nifty yesterday, that is June 5, has taken the market back to levels above last Friday's close. In fact, it has even turned positive for the week. The market took heart from the fact that Narendra Modi is all set to be prime minister for a historic third time, albeit in an alliance, but with alliance partners like JD (U) and TDP backing the NDA, the government formation looks mostly certain in the coming few days. -The Nifty is 700 points adrift from its peak of 23,338. That may take a while as many brokerages have turned cautious on the market post this election outcome. -June 6 will be the first weekly expiry of an already action-packed start to the June F&O series. -Besides political developments, the market also awaits comments from the Reserve Bank of India's Monetary Policy Committee on Friday on whether it will revise its inflation or GDP outlook for the fiscal year after the fourth quarter print. There are currently no talks of a rate cut from the central bank just yet. -Foreign investors continued to remain net sellers in the cash market on Wednesday, while domestic investors were net buyers. -Asia-Pacific stocks rose as hopes for rate cuts by the European Central Bank boosted market sentiment, while major indexes in the U.S. hit fresh highs overnight. Overnight in the U.S., Nvidia led major tech stocks higher and slightly weak labor market data gave investors hope the Federal Reserve might move to lower interest rates later this year. -Back home, GIFT Nifty was higher this morning, trading at a premium of more than 90 pts from Nifty Futures Wednesday close, indicating a gap-up start for the Indian market -Stocks to track: BHEL, IEX, Century Textiles, Torrent Pharma, Uno Minda, NBCC, Nandan Denim, KPI Green Tune in to Marketbuzz Podcast for more cues
6/6/20245 minutes, 1 second
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1266: Marketbuzz Podcast with Kanishka Sarkar: Gift Nifty indicates gap-up start amid uncertainty after poll results

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the market session of June 5 - The Lok sabha election is out and the NDA led Prime Minister Narendra Modi is all set to form the government again for the third straight term. However, the outcome wasn’t exactly how the NDA anticipated and definitely not the way the market anticipated. The market, that factored in at least 290-300 seats for the BJP on a standalone basis, sold off sharply after the incumbent party failed to cross the 272 mark by itself. - This sentiment led to the biggest single-day drop in four years. BSE-listed companies lost ₹30 lakh crore in market capitalisation. PSUs and Adani Group stocks were the biggest contributors to that drop. - Brokerage firm Bernstein, meanwhile, expects Indian equities to 'sell down' in the extreme near term after the mandate from the Lok Sabha elections. However, it has left its Nifty target unchanged at 23,500 for the end of the year. -Stocks to watch: Tata Motors, Wipro, Vodafone Idea -In terms of the election certain key events are due today like the Cabinet meeting at 11:30 am. Chandrababu Naidu and Nitish Kumar are expected to be in Delhi today whereas the I.N.D.I.A block is supposed to meet at 6 pm this evening. These political developments are also likely to have an impact on the market. -In terms of global cues, Asia-Pacific markets were mixed this morning as investors assessed India’s election results. Overnight in the U.S., the Dow Jones Industrial Average rose as Wall Street sought its footing after an uneven start to the month. -The GIFT Nifty was higher, trading at a premium of more than 140 pts from Nifty Futures Tuesday close, indicating a gap-up start for the Indian market Tune in to CNBC-TV18 for more cues
6/5/20244 minutes, 42 seconds
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1265: Marketbuzz Podcast with Kanishka Sarkar: Bulls set for super Tuesday, vote counting in Lok Sabha polls underway

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of Juen 4 -India's marathon election enters its final phase today with the counting of more than 640 million votes in the world’s largest democratic exercise. Most exit polls widely expect the return of Prime Minister Narendra Modi to a third term after a decade in power. -Bulls seem set for a super Tuesday. GIFT Nifty indicates a gap-up start for the Indian market. It's expected to build on to Monday's record gains -The Nifty witnessed the biggest single-day gain in absolute terms on record on June 3, after the exit polls predicted a thumping majority for the Narendra Modi-led NDA government for the third straight term. -The Nifty's 733-point advance, surpassed the 708-point surge it had witnessed in April 2020. BSE-listed companies together added ₹14 lakh crore in market capitalisation. -Almost every sector barring IT participated in the rally yesterday. Reliance Industries hit a record high with its market capitalisation returning above the ₹20 lakh crore mark. Both SBI and ICICI Bank also hit record highs and crossed ₹8 lakh crore in market cap in the process. SBI is now the third most valued bank in the country in market cap terms after HDFC Bank and ICICI Bank. -All eyes are now on the counting. Brokerage firm Nomura wrote in its note that in both 2014 and 2019, the exit polls had underestimated the NDA-seat count by 50 seats and if trend continues on Tuesday, the final NDA tally may turn out to be even better than what has been projected. -Globally, Asia stocks dipped this morning after kicking off June on solid ground, with investors now awaiting the final results of India’s general elections. -Overnight, U.S. stock index futures were listless as Wall Street looked to find its footing after an uneven start to the month. Futures for the Dow Jones Industrial Average were roughly flat. S&P 500 futures and Nasdaq 100 futures ticked up less than 0.1% each. The Dow fell more than 115 points, or 0.3%, on the first trading day of June. The S&P 500 and Nasdaq Composite both rose modestly on Monday. -Stocks to track: Zee Entertainment, Kalyan Jewellers, Sapphire Foods, Biocon, Mahindra & Mahindra Financial Services, RVNL, Veranda Learnings, Sanofi India, Capacite Infra Stay tuned to CNBC-TV18 for election results, market action, political views, investor and industry opinion, and more 
6/4/20245 minutes, 33 seconds
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1264: Marketbuzz Podcast with Kanishka Sarkar: Exit polls booster likely to push market to record high

Welcome to CNBC-TV18’s Marketbuzz Podcast, here are all the important cues ahead of the trading session of June 3 -In what is likely to be one of the most interesting sessions of the year or even more, the Gifty Nifty suggests not just a record high for Nifty but a start with gains of more than a whopping 500 points. -Before the final D-Day tomorrow that is the result day of Lok sabha elections 2024, exit polls on Saturday forecast a historic third term for Prime Minister Narendra Modi. The exit poll results were also on similar lines of market anticipation. -Most exit polls released predict a historic third term for Prime Minister Narendra Modi. The Bharatiya Janata Party-led National Democratic Alliance (NDA) is projected to secure more than 350 seats, comfortably crossing the halfway mark in the Lok Sabha. Although it may fall short of the ambitious '400 paar' target -An exit poll conducted by News18 Poll Hub is expecting the National Democratic Alliance (NDA) to win between 355 - 370 seats for the Lok Sabha elections. The Bharatiya Janta Party (BJP) is expected to win between 305 - 315 seats, which is nearly at par or slightly higher than the 303 seats the party won in 2019. -The Nifty had a forgettable last week as investors chose to book profit from record levels and wait for the exit polls outcome by sitting on the sidelines. The index ended 2% lower in the week gone by. Investors lost over ₹8 lakh crore courtesy of the weakness seen last week. However, they might look to recover most of that sooner or later, after the exit poll outcome. -Expert commentary is key to watch today, Prashant Khemka of White Oak Capital believes that the Nifty will be hitting levels of 50,000 in the next five years, which is more than double of where it currently is. Raamdeo Agrawal, Chairman and Co-founder of Motilal Oswal Group, believes this could mark the beginning of a 'higher for longer' market rally, especially if the BJP achieves its '400-paar' target. -Among the sectors that brokerages have bet on that are likely to be the key beneficiaries on the continuation of the current government would be PSUs, railways, defence, and other manufacturing and capex oriented sectors. Raamdeo Agrawal of Motilal Oswal though, expects the banks to emerge as the outperformers. CLSA also prefers larger banks due to the valuation comfort. -Stocks to watch: Hero MotoCorp, Tata Motors, Maruti Suzuki India, TVS Motor, Mahindra & Mahindra, Ashok Leyland, Eicher Motors, Escorts Kubota, defence PSUs, railway stocks, Adani Ports, Canara Bank, Welspun Corp, Aurobindo Pharma, MOIL, Coal India, Ashoka Buildcon, REC, Inox Wind, Aarti Pharmalabs -On the global front, Asia-Pacific stock markets mostly rose Monday ahead of a private survey on China’s manufacturing sector. Wall Street futures were calm ahead of the first trading day in June, with the Dow Jones Industrial Average futures up 25 points, or less than 0.1%. S&P 500 futures were flat, and Nasdaq 100 futures were down 0.1%. -Oil extended losses this morning after OPEC+ set out a plan to restore some suspended production as early as October, despite concerns over the demand outlook and robust supply from outside of the group. Tune in to Marketbuzz Podcast for more cues 
6/3/20244 minutes, 41 seconds
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1263: Marketbuzz Podcast with Hormaz Fatakia: Nifty set for weekly losses; Jio Fin, Apollo Hospitals in focus

Marketbuzz Podcast: Indian markets may see a positive start according to the GIFT Nifty. Watch out for stocks like Apollo Hospitals, Muthoot Finance, Bharat Dynamics.
5/31/20245 minutes, 54 seconds
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1262: Marketbuzz Podcast With Hormaz Fatakia: Nifty under pressure; Tata Steel, Cummins react to results

Marketbuzz Podcast: Indian markets may see a gap down start according to the GIFT Nifty. Watch out for stocks like Tata Steel, Cummins India, Bata India.
5/30/20245 minutes, 16 seconds
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1261: Marketbuzz Podcast With Hormaz Fatakia: IRCTC, ABFRL, Tata Steel in focus

Marketbuzz Podcast: Indian markets may see a gap down start according to the GIFT Nifty. Watch out for stocks like Aditya Birla Fashion, IRCTC, NBCC and more.
5/29/20246 minutes, 25 seconds
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1260: Marketbuzz Podcast With Hormaz Fatakia: LIC pays highest dividend; Timken, Inox block deals

Marketbuzz Podcast: Indian markets may see a subdued start according to the GIFT Nifty. Watch out for stocks like LIC, Adani Energy Solutions, Timken India and more.
5/28/20245 minutes, 57 seconds
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1259: Marketbuzz Podcast With Hormaz Fatakia: Divi's rebounds, Adani Ports to enter Sensex

Marketbuzz Podcast: Indian markets may see a subdued start according to the GIFT Nifty. Watch out for stocks like Divi's Laboratories, NTPC, LIC and GMR Airports.
5/27/20246 minutes, 24 seconds
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1258: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely headed for flat start, Hindalco, IndiGo in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are the important cues ahead of the trading session of May 24 -With nearly a fortnight left for the results of Lok Sabha polls, benchmark stock indices Sensex and Nifty zoomed more than 1.6% to close at lifetime high levels, making investors richer by Rs 4.28 lakh crore. -Regaining the 75,000 level, the BSE Sensex ended at an all-time peak of 75,418.04, up by almost 1200 points. The NSE Nifty inched closer to the 23,000 mark during the day. It ended 370 points higher. -The market may have made new records but the VIX has not cooled off in equal proportion. Although the index ended 0.4% lower on Thursday, it remains above the mark of 21 and analysts suggest that it will continue to remain at elevated levels till the results for the Lok Sabha Elections are declared on June 4. -Stocks in focus: Bikaji, JK Lakshmi Cement, Zaggle Prepaid, ITC, Page Industries -Results: Hindalco, Bosch, Torrent Pharma, United Spirits, Ashok Leyland, Glenmark Pharma, Manappuram, Karnataka Bank, Bharat Dynamics -Overnight in the US, the Dow Jones Industrial Average marked its worst session of the year as it slid 1.53%, with aircraft manufacturer Boeing falling 7.6% — the biggest laggard in the index. -The S&P 500 dropped 0.74%, and the Nasdaq Composite  tumbled 0.39%. Earlier in the session, both the broad-market index and the tech-heavy benchmark had hit record highs. -Asian stocks this morning tracked Wall Street lower following activity data that signaled the Federal Reserve may keep rates on hold for most of this year. -In commodities, oil steadied on Friday after slipping in its previous session as traders weighed signs of a weakening physical market ahead of the start of the US summer driving season. Elsewhere, gold held Thursday’s loss following the US economic data. -GIFTNifty was in green, trading marginally higher from Nifty Futures Thursday close, indicating a muted but most likely a start in the green for the domestic market. Tune in to Marketbuzz Podcast for more cues
5/24/20244 minutes, 1 second
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1257: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 headed for flat start, ITC, Honasa Consumer in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of May 23   -Nvidia results are out and no estimates are enough. The AI-giant surged past all of them during its quarterly results. Shares surged past the $1,000 mark for the first time in extended trading. A 10-for-1 stock split, meaning division of one share into 10 has also been announced. NVIDIA will also pay a quarterly dividend of 10 cents, a 150% boost. For the quarter, NVIDIA reported revenue of $26.04 billion and Its Earnings per Share of $6.12 also surpassed the $5.59 estimate. -Overnight in the US, the Dow Jones Industrial Average saw its worst day in May and declined 0.51%, while the S&P 500 lost 0.27% and the Nasdaq Composite dropped 0.18%. Minutes from the policy meeting of the Federal Open Market Committee have indicated apprehension from policymakers about when it would be time to ease. -This morning, Asia-Pacific markets were mixed after minutes of the last U.S. Federal Reserve meeting revealed Fed officials’ concerns over sticky inflation, with members seemingly getting cold feet on possible interest rate cuts. -Oil prices eased for a fourth straight day today on worries that U.S. borrowing costs could be hiked again if inflation surged, a move that could hurt oil demand. Brent crude futures fell 27 cents, or 0.3%, to $81.63 a barrel -In the previous session, the Nifty gained for the fifth day in a row on Wednesday. It is now at the make or break level of 22,600, sustaining above which will open the doors for the index to make newer highs. -Thursday will be the weekly options expiry of the Nifty 50 contracts, which will be the penultimate weekly expiry for the May F&O series. The move seen by the Nifty in the last five sessions has ensured that the index has turned positive for the series, only by just, but has turned positive nonetheless. -The market does remain in a wait and watch mode for the Lok Sabha election results. Even as the Nifty continues to edge higher, there is no significant move on either side on the index. -Stocks to watch: Gland Pharma, Jubilant Foodworks, Grasim, Garden Reach Shipbuilders, Power Grid, Metro Brands, and Minda Corp. -Results: ITC, Barbqeue Nation, Cello World, Finolex Cables, Fortis Healthcare, Honasa Consumer, Schneider Electric, Orchid Pharma, Tega Industries, Steel Strips Wheels, TD Power -GIFT Nifty traded with a discount of more than 10 points from Nifty Futures' Wednesday close, indicating a flat-to-negative start for the Indian market. Tune in to Marketbuzz Podcast for more cues
5/23/20245 minutes, 25 seconds
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1256: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 headed for muted start, BHEL, Nykaa in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of May 22 - Traders in India's stock markets saw a rangebound session" for the Nifty. The index found support at the lower end of the trading range at 22,400 and resistance at the upper end of the range at 22,600, eventually eking out modest gains to sustain above the 22,500 mark. -This morning, GIFT Nifty was trading with a premium of more than 15 points from Nifty Futures' Tuesday close, indicating a flat-to-positive start for the Indian market. -For the mid-week trading session on Wednesday, stocks like BHEL, Metropolis, JK Tyre, VA Tech Wabag, Gulf Oil Lubricants will react to their results that were reported after market hours on Tuesday. -Wednesday's session will also see Nifty names like Sun Pharma and Grasim report results along with broader market names like Nykaa, Petronet LNG, Jubilant Foodworks, Metro Brands, Gland Pharma, Ramco Cements, Garden Reach Shipbuilders, among other prominent names. -Globally, Nvidia is the talk of the town at AI events leading into this week’s earnings.T his week, Microsoft, which provides servers to OpenAI, will announce new AI advancements and features that were developed on the company’s massive clusters of Nvidia GPUs. The company is hosting its Build conference in Redmond, Washington. -Overnight in the US, all three indexes closed in positive territory, with the S&P 500 and the Nasdaq Composite closing at new records as investors looked toward AI darling Nvidia’s earnings report. The Nasdaq Composite rose 0.22% to 16,832.62. The S&P 500 added 0.25% to 5,321.41. The Dow Jones Industrial Average closed 0.17% higher at 39,872.99. -Asian stocks struggled for solid footing amid a lack of local drivers after the S&P 500 crept to another record ahead of results from giant chipmaker Nvidia Corp. Shares in Japan fell as the country reported a trade deficit, while those in Australia climbed. Equity benchmarks in Hong Kong and mainland China slipped at the open. MSCI Inc.’s Asia Pacific index is down for a second day after a seven-session win streak. -Stocks to watch: BHEL, Metropolis, JK Tyre, VA Tech Wabag, Gulf Oil Lubricants -Results: Sun Pharma, Grasim report, Nykaa, Petronet LNG, Jubilant Foodworks, Metro Brands, Gland Pharma, Ramco Cements, Garden Reach Shipbuilders Tune in to Marketbuzz Podcast for more cues
5/22/20244 minutes, 27 seconds
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1255: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely to start in green, BHEL, Oil India in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of May 21 -It’s a truncated week as the markets were closed on Monday due to voting in Mumbai in the fifth phase of Lok sabha elections 2024. -In the special trading session on Saturday,  the Nifty clawed back above the mark of 22,500, which is one of the two levels the charts were pointing towards once the index sustained above 22,300. All of the losses from the week earlier were recovered as it went up 2% in the extended week gone by, bringing the Nifty back to where it was at the start of the month. -The Nifty Bank has now sustained above the level of 48,000 for two days in a row and chartists have been wanting the index to sustain above that level for a potential move towards 48,500 on the upside. The index has gained in five out of the last six trading sessions and managed to recover half of the 3.1% fall it had in the week prior to last. -The other positive aspect for the domestic market is that foreign institutions turned net buyers in the cash market during Friday's trading session. This happened for the first time in the month of May. -Results today: BHEL, NMDC, PI Industries, IRCON, JK Tyre, GSFC, Metropolis, Laxmi Organic, VA Tech Wabag, Gulf Oil -Stocks to watch out for are SAIL, Ujjivan Small Finance Bank, Anupam Rasayan, India Cements, Whirlpool of India, City Union Bank, Lupin, Biocon, Oil India, Patanjali Foods -Overnight in the US, the Dow Jones Industrial Average lagged the broader market, in contrast to the Nasdaq, as JPMorgan Chase led losses. -All eyes will now be on Nvidia that reports earnings on wednesday. Nvidia shares gained more than 2% overnight on multiple bullish analyst calls that highlighted the company’s preeminent market position. -Asia-Pacific markets started mixed this morning. Investors in Asia will be watching for any spillover effect on companies up and down Nvidia’s value chain, such as Taiwan’s TSMC and Foxconn, as well as South Korea’s Samsung Electronics and SK Hynix. -Oil prices fell in early Asian trade this morning, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. Brent crude futures declined to $83.34 a barrel. -GIFT Nifty traded with a premium of more than 60 points this morning from Nifty Futures' Friday close, indicating a start in the green for the Indian market Tune in to the Marketbuzz Podcast for more cues
5/21/20245 minutes, 39 seconds
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1254: Marketbuzz Podcast With Hormaz Fatakia: Vedanta, Biocon, Vodafone Idea in focus

Marketbuzz Podcast: Indian markets may see a slightly positive start according to the GIFT Nifty. Watch out for stocks like Vodafone Idea, Vedanta and Bandhan Bank.
5/17/20246 minutes, 18 seconds
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1253: Marketbuzz Podcast With Hormaz Fatakia: Dixon Tech, Vodafone Idea, HPL Electric in focus

Marketbuzz Podcast: Indian markets may see a gap-up start according to the GIFT Nifty. Watch out for stocks like Dixon Tech, Vodafone Idea and HPL Electric.
5/16/20245 minutes, 41 seconds
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1252: Marketbuzz Podcast With Hormaz Fatakia: What keeps Paytm, Indus Towers, Siemens in focus?

Marketbuzz Podcast: Indian markets may open higher on Wednesday according to the GIFT Nifty. Watch out for stocks like Paytm, NHPC, Indus Towers, Bharti Airtel.
5/15/20246 minutes, 9 seconds
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1251: Marketbuzz Podcast with Hormaz Fatakia: Ghatkopar collapse updates; Vedanta, JSPL in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a positive start for the Indian markets. Watch out for stocks like Vedanta, JSPL, DLF and Shriram Finance.
5/14/20246 minutes, 11 seconds
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1250: Marketbuzz Podcast With Hormaz Fatakia: Tata Motors, Eicher, Piramal Pharma in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a slightly negative start for the Indian markets. Watch out for stocks like Tata Motors, Eicher Motors, Piramal Pharma.
5/13/20246 minutes, 7 seconds
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1249: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely to open in green, SBI, Tata Motors in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important updates ahead of the trading session of May 10 -GIFT Nifty was trading at a premium of nearly 100 points from Nifty Futures Thursday close, indicating a gap-up start for the Indian market. -The Nifty has declined to levels last seen on March 20. It had given a brief close below 22,000 on April 18 as well, but staged a rebound soon after. On Thursday, the dip was swift and expiry-related pressures ensured that dip did not find buyers at lower levels. The fact that the index closed just 25 points away from the day's low, does not inspire much confidence either. -Over 50% of Thursday's drop on the Nifty came from just four index constituents - HDFC Bank, L&T, Reliance Industries and ITC. -Overnight in the US, all three major indexes climbed as fresh weekly jobless claims data came in at the highest level since August, raising expectations that central bankers might cut interest rates at some point this year. The 30-stock Dow jumped 0.85% to notch its longest win streak since a nine-day run in December. The S&P 500 added 0.51%, while the Nasdaq Composite gained 0.27%. -Asia-Pacific stocks tracked Wall Street gains today as renewed rate cut hopes by the US Federal Reserve bolstered market sentiment. -Oil prices rose this morning continuing an upward trend on the signs of an improving economy in China and as negotiations to halt hostilities in the stand-off between Israel and Hamas yielded no results. Brent futures rose to $84.24 a barrel. -Results todays: Tata Motors, Eicher Motors, Cipla, Polycab, Bank of Baroda, Bank of India, Kalyan Jewellers -Stocks to track: BPCL, Mahanagar Gas, Relaxo Footwear, Gopal Snacks, Quess Corp, Rain Industries Tune in to the Marketbuzz Podcast for more cues
5/10/20243 minutes, 20 seconds
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1248: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely to open flat, L&T, Hero MotoCorp in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important updates ahead of the trading session of May 9 -GIFTNifty was flat this morning, swinging between a discount and rise of nearly 10 points from Nifty Futures Wednesday close, indicating a flat start for the Indian market. -On Wednesday, the Nifty 50 ended at the exact same level it closed the previous day. While the index did slip below the 22,200 mark at one point, autos and metal stocks contributed to recovery from the lows. -The India VIX showed no signs of cooling off. The index continues to remain above the mark of 17 and gained for the ninth day in a row. Wednesday's no move day means that the Nifty remains 500 points below its recent record high of 22,794. -Today will be the weekly options expiry for the Nifty 50 contracts. -Stocks in focus: L&T, Tata Power, TVS Motor, Godrej Agrovet, Sula Vineyards. -Earnings: State Bank of India, Asian Paints, BPCL, HPCL, MGL, PNB, Quess Corp, Rain Industries, Relaxo Footwear -TCS has released its annual report for FY24 in which TCS Chairman Chandrasekaran highlights the mega trends that are shaping priorities of businesses i.e AI, New energy, Supply chain and Talent. He also thinks the macro environment is relatively better now.   -Asia-Pacific markets were mixed ahead of China’s April trade data, as well as pay statistics from Japan. -Overnight in the US, the Dow Jones Industrial Average extended its winning streak to six days, as investors shook off some weakness in tech. The Dow added 0.44% and notched its longest stretch of positive days in 2024. The S&P 500 inched lower and closed near the flatline, while the Nasdaq Composite pulled back by 0.18%. -Oil prices rose in early trade today as shrinking U.S. crude inventories signalled tighter supply, and amid rising hopes that the Federal Reserve would cut interest rates by the end of the year. Brent crude futures rose to $83.81 a barrel. Tune in to the Marketbuzz Podcast for more cues
5/9/20244 minutes, 41 seconds
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1247: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 to open in green, DRL, PB Fintech in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important updates ahead of the trading session of May 8 -The domestic market has lost ₹10 lakh crore in market capitalisation during a three-day drop. The Nifty has shed 350 points in the last three sessions. IT and FMCG came to the Nifty's rescue on Tuesday when every other sectoral index sold off. -Wednesday will also be the weekly expiry for the Nifty Bank, with some big Nifty names reporting results. L&T and Hero MotoCorp among Nifty 50 companies will report their results today. Firms like Tata Power, TVS Motor, Sterlite Tech, Sula Vineyards, Westlife Foodworld, Godrej Agrovet within the broader market universe will also report their numbers. -Stocks like Dr. Reddy's, IGL, Navin Fluorine, Pidilite, Voltas, JSW Energy and others will react to their earnings. -Asia-Pacific markets were mixed on Wednesday, mirroring moves in Wall Street’s Tuesday session. -Overnight in the U.S., the Dow Jones Industrial Average notched a fifth straight day of gains and rose marginally, while the S&P 500 inched up 0.13%. In contrast, the Nasdaq Composite slipped 0.1%. -Macroeconomic uncertainties and mounting geopolitical tensions have given gold — the classic “safe haven” asset — a boost. -Gold prices topped $2,400 an ounce in April as tensions in the Middle East escalated. Spot gold is currently trading around 12% higher over the year to date. -Oil prices fell this morning after market sources cited by Reuters said that data from the American Petroleum Institute showed an increase in U.S. crude and fuel stockpiles, an indicator of weak demand. -Brent crude oil futures were near $83 a barrel. -GIFTNifty traded at a premium of nearly 20 pts from Nifty Futures Tuesday close indicating a start in the green for the Indian market. -NSE has said that it will conduct a special live trading session on Saturday, May 18 to test preparedness for handling unexpected disasters. Tune in to the Marketbuzz Podcast for more cues
5/8/20243 minutes, 52 seconds
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1246: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty to start in green; phase 3 voter turnout key to watch

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the the important updates ahead of the trading session of May 7 -Asian markets are rising on the back of a subdued dollar, lower US bond yields and looser financial conditions that the more benign outlook for US interest rates lately has delivered. Tuesday looks like being another positive day for risk assets. -Buying momentum should be strong after another day of solid gains on Wall Street, and the bullishness across local markets is palpable.  -China opened strongly after last week's holiday, volatility in Japan's currency markets has subsided, and Hong Kong stocks are on their best run in six years.  -The main event is the Reserve Bank of Australia's policy decision. Or, more accurately, the guidance offered by Governor Michele Bullock in her press conference after the bank keeps its cash rate on hold again at 4.35%. -Overnight in the US, an announcement from Hamas on Monday that it had accepted an Egyptian-Qatari cease-fire proposal to end the war with Israel also gave stocks a boost, with the Dow Jones Industrial Average notching a fourth consecutive winning session, up half a percent. The S&P 500 advanced a percent while the Nasdaq Composite gained more than a percent  -Oil prices ticked up early today after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution. Brent crude futures were up half a percent at $83.79 per barrel. -Eleven Indian states and territories including Prime Minister Narendra Modi's home state of Gujarat began voting this morning in the third phase of Lok Sabha elections. Today’s polling covers 94 seats in 11 states and territories, with Gujarat and Maharashtra in the west and Karnataka in the south. The markets will closely watch the turnout after it fell short in first two phases. -The Nifty is struggling to sustain at intraday highs. This is a trend witnessed through most of the last 10 trading sessions, particularly in four out of the last five. Even after opening with steady gains and building on them during Monday's session, the index began to turn downwards within 15 minutes of trade starting. Eventually, the Nifty ended 150 points off the day's high. -The GIFT Nifty was higher, trading at a premium of more than 40 pts from Nifty Futures Monday close, indicating a start in the green for the Indian market on May 7. -Stocks to track: Godrej Consumer Products, Hindalco, Lupin, HPCL Board, Gujarat Gas, DCM Shriram, Tamilnad Mercantile Bank Tune in to the Marketbuzz Podcast for more cues
5/7/20245 minutes, 48 seconds
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1245: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 headed for gap-up start, Titan, Kotak Mahindra Bank in focus

Hello and welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all important cues to track ahead of the trading session on May 6 -The US April jobs report has come in softer-than-expected. Job growth eased to 175,000 compared to 269,000 average gain over the prior three months. The unemployment rate rose from 3.8% in March to 3.9% in April. -On Friday in the US, stocks jumped sharply after a softer-than-expected April jobs report. The S&P 500 surged 1.26% to notch its best day since February, while the Nasdaq Composite rallied 1.99%. The Dow Jones Industrial Average gained 1.18%. -Fed policy expectations saw a sharp dovish repricing last week. Interest rate markets now imply about 45% probability of a 25 bps rate cut by July. -Asia-Pacific markets this morning tracked Wall Street gains. Investors, meanwhile, awaited the Reserve Bank of Australia’s rate decision on Tuesday and China’s April trade data on Thursday. -The Gift Nifty suggests the Indian market is likely headed for a gap up start. Gift Nifty was trading at a premium of more than 100 pts from Nifty Futures’ Friday close. -On Friday, foreign institutions were heavy sellers during Friday's trading session in the cash market, while domestic institutions were net buyers. -Nifty 50 recovered 120 points from intraday but closed below the 22,500 mark.Crossing that level will be the key for the index first up, as it has been a key support in recent times. -Earnings season continues with some big Nifty names reporting results after market hours on Friday and over the weekend. Prominent among them is Kotak Mahindra Bank. Other stocks that reported results over the weekend include Titan, Britannia, Avenue Supermarts, and Inox Wind. -Earnings today: Godrej Consumer, Marico, Gujarat Gas, CG Power, Happiest Minds, Lupin and others. -Stocks to track: Paytm, Zen Technologies, Tata Technologies, Kansai Nerolac Paints, IDBI Bank, Aurobindo Pharma, Adani Ports Group, Ujjivan Small Finance Bank, Paytm Tune in to the Marketbuzz Podcast for more cues
5/6/20245 minutes, 2 seconds
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1244: Marketbuzz Podcast with Hormaz Fatakia: Bajaj Finance, Coforge, Yes Bank in the spotlight

Marketbuzz Podcast: The GIFT Nifty is indicating a gap-up start for the Indian markets. Watch out for stocks like Bajaj Finance, Yes Bank and Coforge.
5/3/20246 minutes, 3 seconds
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1243: Marketbuzz Podcast With Hormaz Fatakia: Godrej Group, Kotak Bank, Indus Towers in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like Godrej Industries, Kotak Mahindra Bank and Indus Towers.
5/2/20245 minutes, 36 seconds
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1242: Marketbuzz Podcast With Hormaz Fatakia: Nifty Bank near 50,000; BSE, Tata Chemicals in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like BSE, Tata Chemicals, and Indian Oil.
4/30/20246 minutes, 20 seconds
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1241: Marketbuzz Podcast with Hormaz Fatakia: What keeps ICICI Bank, HCLTech and IREDA in focus?

Marketbuzz Podcast: The GIFT Nifty is indicating a gap-up start for the Indian markets. Watch out for stocks like Maruti Suzuki, HCLTech, IREDA and ICICI Bank.
4/29/20246 minutes, 25 seconds
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1240: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely to open flat, Tech Mahindra, Bajaj Finance in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the top developments ahead of the trading session of April 26 - GIFT Nifty trading flat from Nifty Futures' Thursday close, indicates a muted start for the Indian market -April also turned out to be the third straight positive series for the Nifty. It is now just 220 points away from its previous record high. For the week, the Nifty is already up 1.8%, managing to recover all that it lost in the previous week and gain some more post that. -In the governing session, US stocks tumbled after data showed a sharp slowdown in economic growth and pointed to persistent inflation. US GDP expanded 1.6% in the first quarter. The blue-chip Dow slid 375 points, while the S&P 500 and the Nasdaq Composite dropped half a percent each. -Asia-Pacific markets were mixed this morning as investors in Asia look to the Bank of Japan’s policy decision and inflation figures out of Tokyo.  - Oil prices rose in early trade today, as players took stock of the US Treasury secretary's comments that the country's economy is likely in a stronger position than indicated by weak first-quarter data, coupled with supply concerns as conflict continues in the Middle East. Brent crude futures were above $89 a barrel. -Gold prices firmed on a weaker dollar last night even as US Treasury yields rose after economic data showed signs of persistent inflation, lowering hopes of the Federal Reserve cutting interest rates anytime soon. - Today, voting across 89 assembly constituencies will take place in the second phase of the Lok Sabha Elections 2024, where voters across 13 states will cast their ballots. -Earnings reactions will also continue with stocks like Tech Mahindra, IndusInd Bank, Bajaj Finance, L&T Technology services among others reacting to their quarterly numbers. -Earnings today: HCLTech, Maruti Suzuki, Mahindra Holidays, Bank of Maharashtra, SBI Life, CSB Bank, Motilal Oswal -Stocks to track: Zensar Technologies, Cyient, Tata Motors, Tata Steel, Vodafone Idea Tune in to Marketbuzz Podcast for more cues
4/26/20245 minutes, 12 seconds
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1239: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely to open lower, Kotak Mahindra Bank in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 25 -Asia-Pacific markets took a breather this morning after two straight days of rallies, mirroring moves on Wall Street ahead of first-quarter gross domestic product figures from the U.S. due later in the day. -The Bank of Japan kicks off its monetary policy meeting Thursday as investors monitor for action against yen weakness. The yen slid past the 155 mark against the U.S. dollar on Wednesday, hitting a fresh 34-year low. -Overnight in the US, all three major indexes were largely range bound as interest rate fears dampened the enthusiasm stemming from a strong slate of corporate earnings. The S&P 500 eked out a 0.02% gain, while the Dow Jones Industrial Average fell 0.11%. The Nasdaq Composite edged 0.1% higher. -Shares of Meta, the parent company of Facebook, plunged as much as 19% in extended trading on Wednesday after its second quarter revenue guidance missed analyst expectations. - Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding conflict in the Middle East. -GIFT Nifty was trading with a discount of nearly 50 points from Nifty Futures' Wednesday close, indicating a start in the Red for the Indian market -Stocks to track: Kotak Mahindra Bank, Hindustan Unilever, Axis Bank, LTIMindtree, Dalmia Bharat, Syngene, AU Small Finance Bank, Indian Hotels, Rail Vikas Nigam, ITC, Motilal Oswal -Earnings today: Nestle India, Tech Mahindra, L&T Technology Services, IndusInd Bank, ACC, Bajaj Finance Tune in to Marketbuzz Podcast for more cues
4/25/20245 minutes, 42 seconds
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1238: Market Podcast with Kanishka Sarkar: Sensex, Nifty 50 headed for gap-up opening, HUL, LTIMindtree in focus

Hello and welcome to CNBC-Tv18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 24   - The US equity market continues to slowly regain its confidence. In the overnight session, all three major indexes climbed for a second straight session following a strong batch of corporate earnings. - Japan’s Nikkei led the Asian markets this morning as markets in the region rose across the board. The Japanese benchmark jumped more than 2%.  -Oil prices rose in early trade adding to gains in the previous session, after industry data showed a surprise drop in US crude stocks last week, a positive sign for demand, and attention shifted away from hostilities in the Middle East. -Gold prices steadied last night after hitting a more than two-week low on diminishing fears about an escalation of tensions in the Middle East. Now investors await key economic data for further clarity on the timeline on US interest rate cuts. - Nifty 50 closed below the 61.8% retracement level yesterday. Two of the biggest Nifty 50 constituents in terms of weightage - HDFC Bank and Reliance Industries both reported their results, and neither played any part in taking the Nifty further higher despite some positive surprises in each of their results.  -Ahead of its weekly expiry on Wednesday, the Nifty Bank also remained rangebound showing no significant activity in price action. HDFC Bank kept the gains in check, while Axis Bank remained flat ahead of its quarterly earnings on Wednesday. -Earnings today: Hindustan Unilever, Axis Bank, LTIMindtree, Indian Hotels, Macrotech, Dalmia Bharat, Nippon Life AMC, Oracle Financial, Syngene  -Stocks to track: Tata Consumer, Tata Elxsi, MCX, ICICI Prudential, Cyient DLM, NELCO, IIFL Finance, Lupin, Rama Steel Tubes, NHPC, Gokaldas Exports  -GIFT Nifty was trading with a premium of nearly 90 points, indicating a gap-up start for the Indian market. Tune in  to Marketbuzz Podcast for more news and cues
4/24/20244 minutes, 42 seconds
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1237: Marketbuzz Podcast with Kanishka Sarkar: Reliance, TCS shares in focus, Tata Consumer, MCX results today

Hello and welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 23 - The big cue is better-than-expected Reliance Industries results. A lot would depend on how the market reacts to RIL’s quarterly results, in which the index heavyweight reported strong operating performance. - With geopolitical tensions normalising, Nifty 50 is back on its upward trajectory. The index is now up 600 points from Friday's low of 21,777. With Monday's surge, the Nifty has also turned positive for the April F&O series. - Tata Consumer Products, ICICI Prudential, M&M Finance, Tata Elxsi, MCX and Cyient DLM will report their quarterly earnings. - PMI data will also be released later in the day. - This morning, Asia-Pacific markets extended gains from April 22 as tech shares rebounded on Wall Street and investors looked toward flash business activity figures from Australia, Japan and India. -Japan’s Nikkei 225 popped 0.8% at the open, while the broad based Topix was up 0.66%. Futures for Hong Kong’s Hang Seng index stood at 16,681, pointing to a weaker open compared to the HSI’s close of 16,511.69. -Overnight in the U.S., the S&P 500 and Nasdaq Composite both snapped six-day losing streaks, gaining 0.87% and 1.11% respectively, while the Dow Jones Industrial Average  climbed 0.67%, -Oil prices edged higher in early Asian trading today, reversing losses from the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. -Gold prices, meanwhile, retreated 2% yesterday as easing fears of a wider Middle East conflict boosted investors’ risk appetite, lowering bullion’s safe-haven demand. -For the domestic market, it is likely going to be a flat start amid mixed cues. At the time of recording the Gift Nifty was trading 0.4% lower, indicating a start in the red. -Stocks to track: TCS, Patel Engineering, PSP Projects, Kesoram Industries, Tamilnad Mercantile Bank, Mahindra Logistics’, M&M Finance, Inox Wind Tune in to the Marketbuzz Podcast for more cues
4/23/20244 minutes, 8 seconds
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1236: Marketbuzz Podcast with Kanishka Sarkar: Reliance results today, Wipro, HDFC Bank shares in focus

Hello and welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top cues to watch out ahead of the trading session of April 22 -On Friday in the U.S, the Nasdaq Composite and S&P 500 fell for a sixth straight session, notching their longest losing streak since October 2022. In contrast, the Dow Jones Industrial Average rose 0.56%, lifted by a rally of more than 6% in American Express following earnings. - This morning, Asia-Pacific markets rebounded from Friday’s sell-off as investors look to fresh data points out of China, Japan and South Korea this week. -On Friday, markets in the region tumbled after Israel launched a strike at Iran, causing stocks to fall and safe-haven assets to climb. However, according to the BBC, Iran's President did not mention the most recent events in his Friday speeches. -Meanwhile, today, China’s one-year and five-year loan prime rates were left unchanged at 3.45% and 3.95% respectively. The five-year LPR acts as the peg for most property mortgages. - The Nifty ended 150 points higher on a day the futures were pointing to a 350-points gap down on Friday. It also managed to close above the mark of 22,000. -Today the market will react to results from HDFC Bank which were reported on Saturday, while on Tuesday, the market will react to the other Nifty heavyweight Reliance Industries, which will report results after market hours on Monday. -Stocks to track: HDFC Bank, Wipro, Jio Financial Services, Aditya Birla Fashion, IREDA, Hero MotoCorp, Ramkrishna Forgings, Sterling & Wilson Renewables, Persistent Systems, Lupin, UltraTech Cement Tune in to Marketbuzz Podcast for more cues
4/22/20244 minutes, 50 seconds
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1235: Marketbuzz Podcast With Hormaz Fatakia: GIFT Nifty down 350 points; Lok Sabha polls begin today

Marketbuzz Podcast: The GIFT Nifty is indicating a big gap down for the Indian markets. Watch out for stocks like Infosys, Bajaj Auto, and Jio Financial Services.
4/19/20247 minutes, 1 second
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1234: Marketbuzz Podcast with Hormaz Fatakia: Vodafone Idea FPO opens, Infosys Q4 in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a slightly negative start for the Indian markets. Watch out for stocks like Vodafone Idea, Infosys, and Bajaj Auto.
4/18/20246 minutes
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1233: Marketbuzz Podcast with Hormaz Fatakia: Jio Financial, key levels for Nifty in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for stocks like Jio Financial, VST Industries, Vodafone Idea.
4/16/20244 minutes, 56 seconds
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1232: Marketbuzz Podcast With Hormaz Fatakia: TCS, Metals in focus amidst potential gap-down start

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for stocks like TCS, IREDA, and Anand Rathi Wealth.
4/15/20246 minutes, 36 seconds
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1231: Marketbuzz Podcast with Hormaz Fatakia: What keeps Vodafone Idea, Sun Pharma in focus today?

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for stocks like Vodafone Idea, Bharti Hexacom and Sun Pharma.
4/12/20245 minutes, 15 seconds
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1230: Marketbuzz Podcast With Hormaz Fatakia: 22,700 remains a barrier for the Nifty; Vedanta, Vodafone Idea in focus

The GIFT Nifty is indicating a positive start for the Indian markets. Find out why will stocks like Vedanta, Vodafone Idea and Paytm will be in focus.
4/10/20245 minutes, 32 seconds
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1229: Marketbuzz Podcast With Hormaz Fatakia: 23,000 in sight for the Nifty with Axis Bank, Gland Pharma in focus

The GIFT Nifty is indicating a Gap-up opening for the Indian markets. Will the Nifty conquer 23,000? Find out more on the Marketbuzz podcast.
4/9/20244 minutes, 55 seconds
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1228: Marketbuzz Podcast with Hormaz Fatakia: Nifty Bank aims for new records; Bandhan Bank, Wipro, in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a gap-up start for the Indian markets. Watch out for stocks like Vodafone Idea, Bandhan Bank, and Wipro.
4/8/20245 minutes, 37 seconds
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1227: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 to open lower, all eyes on RBI policy, US jobs data

Hello and welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 5 -All eyes today will be on two data points – RBI policy and US jobs data -Overnight in the US, all three major indexes lost ground, with the Dow Jones Industrial Average falling 1.3% to record its worst session since March 2023, and logging its fourth consecutive losing day. The S&P 500 dropped 1.2%, while the tech-heavy Nasdaq Composite  saw the largest loss of 1.40%. This was after comments from the US Federal Reserve officials fueled worries that the central bank could hold off on rate cuts. -Asia-Pacific markets also fell this morning, led by Japan’s Nikkei 225, which was down over 2% after briefly crossing the 40,000 mark on Thursday, while the broad based Topix was 1.7% lower. -Oil prices continued to rise, with Brent crude reaching a new six-month high of $90.65 per barrel. -Reserve Bank of India’s April rate decision is due today and the consensus is that there will be no change in key lending rates. The policy outcome could further determine the direction for the market. -Barring HDFC Bank, the rest of the market appeared choppy on Thursday. The Nifty opened well above 22,600, could not sustain those gains, turned negative, nearly fell below 22,300 but reversed and eventually closed above 22,500. There were trades available on both sides of the spectrum but that came with extreme volatility. -For the week, the Nifty is still up 1% and set for its third straight weekly advance. The index is poised for to gain for the seventh out of the last eight weeks -Both foreign and domestic investors were net sellers in the cash market on Thursday. -GIFT Nifty, traded with a discount of more than 30 points from Nifty Futures' Thursday close, indicating a start in the red for the Indian market. -Stocks to watch: Bajaj Finance, IndusInd Bank, Bandhan Bank, Cipla, Nestle India, Sobha, Prestige Estates, L&T, Sula Vineyards, Avanti Feeds Tune in to the Marketbuzz Podcast for more cues
4/5/20244 minutes, 6 seconds
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1226: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 to open in green, Vedanta, Vodafone Idea in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 4 -Overnight in the US, the Dow Jones Industrial Average  fell 0.11%, to mark its third straight negative day. The S&P 500 inched higher by 0.11% in its first winning session of the week, and the Nasdaq Composite traded up by 0.23%. -Federal Reserve Chair Jerome Powell reiterated that recent readings on job gains and higher-than-expected inflation do not materially change the overall picture of economic policy this year. He says it would take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain. -The Asia-Pacific markets this morning rebounded following a sell-off in the previous session, as investors digest comments from the US Fed Chair. Markets in Hong Kong, mainland China and Taiwan are closed for a public holiday. -There was also action in commodities as gold reached another record, oil a five-month peak and copper a 13-month top, helping lift Asian shares in basic materials and energy companies. -Back home, there have been intraday recoveries and flat closes for the past two days and the strategy of 'buy the dip' seems to be working well. -Nifty 50 has been waiting for a decisive break above 22,526. The index has been in snooze mode over the last two sessions after a three-day rally. From the March 20 swing low of 21,710, the Nifty has recovered over 3.5%. -The Indian market has remained resilient despite adverse global cues. It remains to be seen how long will the resilience last as crude oil prices are knocking on the doors of $90 a barrel, Treasury yields in the US are back above 4.3% and the rally on Wall Street is also showing signs of exhaustion. -The Gift Nifty suggests a positive start for the domestic benchmarks - Stocks to track: Avenue Supermarts, Vodafone Idea, L&T Finance, RBL Bank, KEC International, Vedanta, Union Bank of India, GE Power India, GMR Power Tune in to the Marketbuzz Podcast for more
4/4/20244 minutes, 54 seconds
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1225: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50, Sensex likely to open lower; Ultratech Cement, Zee in focus

Hello and welcome back to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 3 -Asia-Pacific stocks declined this morning after a mixed session, with markets watching for moves in electric vehicle makers. It’s because Tesla’s first-quarter vehicle deliveries dropped 8.5% from a year ago, sending shares of the US EV maker down 5%.  -In the US  overnight, Dow Jones fell for a second day as bond yields rose and expectations that the Fed would cut interest rates in June fell. The Dow closed nearly 400 points, or a percent 1% lower, while the S&P 500 slid 0.72%. It was the worst day since March 5 for the Dow and the S&P 500. The Nasdaq Composite shed 0.95%. -Taiwan was hit by a powerful earthquake early today. The Taiwan Weighted Index shed 0.8%. Japan’s Nikkei 225 is down 1.07%, with the broad based Topix 0.49% lower. -Crude prices were higher, the US Dollar index also inched up, as did the treasury yields in the US.  -In the previous session, the Nifty managed to avoid any significant correction and the dip that came in during the day, was quickly bought into. After a swift recovery from the recent swing low of March 20, the Nifty seems to have taken a pause. It traded in a 100-point range yesterday but managed to respect levels both on the upside and the downside.  -The Nifty Bank also remained in consolidation mode with heavyweight banks on either side of the fence -Stocks to watch: UltraTech Cement, JSW Energy Board, Zee Entertainment, Anupam Rasayan, Dhanlaxmi Bank, Hindustan Zinc, NALCO, Karur Vysya Bank, HCLTech, Shriram Properties  -Gift Nifty suggests a start in the red for benchmarks Sensex and Nifty. Tune in to the podcast for more cues
4/3/20244 minutes, 24 seconds
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1224: Marketbuzz Podcast with Kanishka Sarkar: Market likely to open with minor cuts, banks, auto and telcos in focus

Hello and welcome to CNBC-TV’s Markerbuzz Podcast. Here are all important cues ahead of the trading session of April 2 -Overnight in the US, all three major indexes ended mixed as the benchmark 10-year Treasury yield climbed to 4.319%. Dow Jones Industrial Average lost 0.6%, S&P 500 dipped 0.2% while the tech-heavy Nasdaq Composite rose 0.11%. -Asia-Pacific markets too were mixed this morning, as investors assessed economic data from South Korea and Australia. -Factory activity data from India is due later in the day. Manufacturing activity in China and the U.S. expanded in March for the first time in six months and 1-1/2 years, respectively. Markets viewed this as an indicator of rising oil demand. -Oil prices gained in early Asian trading underpinned by signs of improved demand and escalating Middle East tensions that had sparked a rally in US futures to a five-month high in the previous session. Brent futures for June delivery rose to just under $88 a barrel. -Nifty 50 hit a new high yesterday, negating any bearish views. However, Nifty's struggles above 22,500 and the broader markets convincingly outperforming continue. -Experts say that 22,500 remains a key hurdle for the Nifty and only a decisive close above that can trigger the next leg of the rally. -Foreign investors remained net sellers in the cash market on Monday, while domestic investors continued to remain buyers. -The Indian market is likely to open with minor cuts with an eye on Bank Nifty, which has in the last six sessions gained over 1,200 points. Banking stocks will be in focus through the week as quarterly business updates are reported along with the RBI policy outcome. -The Reserve Bank of India (RBI) will conduct auctions for all central government securities through multiple price-based method from this financial year, nearly three years after it changed its methodology. -Stocks to watch: Vodafone Idea, Bharti Airtel, Reliance, Aditya Birla Fashion, Uno Minda, Hero MotoCorp, TVS Motor, NMDC, CSB Bank, South Indian Bank, Zomato, Infosys, Maruti Suzuki Tune in to the Marketbuzz Podcast for more cues
4/2/20244 minutes, 28 seconds
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1223: Marketbuzz Podcast with Kanishka Sarkar: Biz updates, earnings and RBI policy in focus this week

Hello and welcome to CNBC-TV18’s  Marketbuzz Podcast. Here are important cues to track ahead of the market session of April 1 -The Nifty came within 10 points of making a new record high on March 28 but failed to do so. What followed was a sharp sell-off from the highs of the day during the final 45 minutes of the session, which questioned the entire 400-point jump from the lows that the Nifty witnessed on F&O expiry day. -Both foreign and domestic investors remained net buyers in the cash market on Thursday. -Last week marked the end of the FY24 fiscal. Today the FY25 financial year begins. -Globally on March 28, US stocks closed mixed ahead of the Easter break. On Good Friday in the US, February’s inflation rose in line with expectations from Dow Jones, with the the personal consumption expenditures price index excluding food and energy increasing 2.8% on a 12-month basis and up 0.3% from a month ago. -Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: which is that While the Fed expects to cut interest rates this year, it won't be ready to do so until it sees more good inflation readings' and is more confident that annual price increases are falling toward its 2 per cent target. - This morning, Asia-Pacific markets climbed as investors assessed China’s business activity for February and await economic data out of Japan. -Oil prices edged down slightly, holding on to most of their recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian refineries and upbeat Chinese manufacturing data. Brent crude fell 17 cents to $86.83 a barrel. -Talking about the domestic market, Nifty sees a make-or-break week ahead. We will find out if the correction from mid-January is just a pullback or if the uptrend is intact. The support for Nifty stands at 22,152. -The week will be a data-driven one as companies will start reporting their March quarter business updates, particularly banks and financials, along with certain FMCG companies. -The focus will also be on the RBI Monetary Policy between April 3-5 and whether the MPC will provide further clarity on where the interest rates are headed in the country. The second week of April will also see IT companies start reporting their quarterly earnings, and future commentary from them will be keenly awaited. -Stocks to track: Auto companies, HDFC Bank, Infosys, Indian Oil Corporation, RVNL, Adani Total Gas, Lupin, Veranda Learning Solution, Trident, Canara Bank, Torrent Power, Landmark Cars, Macrotech Developers, Metro Brands, SBI Life Insurance, Indian Overseas Bank, NTPC and Adani Green Energy Tune in to the Marketbuzz Podcast for more cues
4/1/20245 minutes, 18 seconds
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1222: Marketbuzz Podcast With Hormaz Fatakia: 22,200 key for the Nifty on expiry; IDFC First, ICICI Securities in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like IDFC First Bank, Pharma stocks and BHEL.
3/28/20246 minutes, 10 seconds
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1221: Marketbuzz Podcast With Hormaz Fatakia: 22,000 key for the Nifty; CDSL, Aster DM in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like CDSL, Aster DM and Wockhardt.
3/27/20244 minutes, 52 seconds
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1220: Marketbuzz Podcast With Hormaz Fatakia: Nifty fights to hold 22,000; Adani Ports, Welspun in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for Insurance stocks and names like Adani Ports and Welspun Corp.
3/26/20245 minutes, 19 seconds
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1219: Marketbuzz Podcast with Kanishka Sarkar: Will Nifty 50 hold on to 22,000? IT stocks in focus

Hello and welcome to CNBC-Tv18’s Marketbuzz Podcast, here are all the important developments ahead of the trading session of March 22 -The Indian market is likely to open in green as the gift nifty suggests amid mixed global cues. -While other Asia-Pacific markets opened mixed this morning, Japan’s Nikkei 225 crossed 41,000 to hit a fresh all-time high as Japan inflation accelerated in February. -Overnight in the US, all three major indexes hit fresh records, continuing the rally from Thursday after the US Federal Reserve held rates steady and maintained its rate cut forecast for 2024. -Oil prices sank in early Asian trading on the possibility of a nearing Gaza ceasefire, which could loosen global supply, at the same time a stronger U.S. dollar and faltering gasoline dampened demand sentiment. Brent crude futures fell to $85.60 a barrel. -Bitcoin has peeled back more than 10% from its all-time high as the appetite for fledgling spot Bitcoin exchange-traded funds moderates. JPMorgan Chase and Co. strategists warned the retreat has room to run. -In the previous session back home, Nifty 50 and all other sectoral indices staged a rebound, courtesy the Federal rate decision. The Nifty managed to scale past Wednesday's resistance band of 21,900 - 21,950 to close above the 22,000 mark. -Even in a rebounding market, foreign investors were net sellers in the cash market yesterday, while domestic investors continued to be buyers. -Market analysts suggest that the market is not out of the woods yet despite some relief yesterday. -Stocks in focus: TCS, Infosys, Wipro, PSUs, Bharat Dynamics, Prestige Estates, IRB Infra, DOMS Industries, Tata Communications, Mazagon Dock Shipbuilders, Veranda Learning, IREDA -The Enforcement Directorate has arrested Delhi Chief Minister Arvind Kejriwal in connection with the ongoing probe into alleged irregularities surrounding the capital's liquor policy. -The much-awaited Indian Premier League (IPL) 2024 commences today in Chennai, with the Chennai Super Kings and Royal Challengers Bengaluru competing against each other. Tune in to the Marketbuzz Podcast for more
3/22/20245 minutes, 44 seconds
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1218: Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely to open in green after Fed decision

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of March 21 - The US Federal Reserve has maintained its interest rate cut projections for the year in the face of upside surprises on inflation, and did not strike a more hawkish tone as some investors had feared. -Overnight in the US, all three major indexes rose, with the Dow Jones Industrial Average and the S&P500 closing at record highs. The Dow Jones rallied a percent, S&P 500  gained 0.89% to rise above the 5,200 level for the first time. The Nasdaq Composite  jumped 1.25%, powered by megacap tech stocks. -Japan’s markets hit a fresh all-time high as Asia markets climbed after Federal Reserve maintained its forecast for three rate cuts. Japan’s Nikkei 225 surged 1.27%, hitting a new all time high, while the Topix also set a new record and rose 1.26%. Hong Kong’s Hang Seng index gained 1.5%, while the CSI 300 on the Chinese mainland inched up 0.32%. -Indian market is likely to start the day on a positive note too tracking the global peers.  However, if the domestic market will reverse days of sluggish moves as the March F&O series draws to a close remains to be seen. -For the Nifty, many short-term indicators are pointing to a bounce. In the previous session, Sensex and Nifty had rebounded propelled by bargain hunting in Reliance Industries, ITC and SBI amid a largely firm trend in global equities. However, traders say a depreciating rupee and selling pressure in small-cap stocks restricted the gains. -Even as the Nifty is holding 21,800, experts suggest that on the way down, Nifty should not break the low of 21,710. -There was a large selling from foreign investors yesterday. FIIs sold 2599cr and DIIs bought 2667cr in cash yesterday. -Oil prices have rebounded after falling in the previous session as US crude and gasoline inventory declines supported the market after signs the US Federal Reserve may keep rates higher for longer crimped the outlook for future fuel demand. Brent crude was at $86.47 a barrel. -Stocks to watch: TVS Motor, RVNL, Crompton, Sasken Technologies, Suzlon, PB Fintech, Wockhardt, NHPC Tune in to the Marketbuzz Podcast for more cues
3/21/20244 minutes, 2 seconds
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1217: Marketbuzz Podcast with Kanishka Sarkar: Here are the key talking points

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of today’s market session  -The domestic markets sold off across large and smallcaps yesterday. Sensex slipped more than 700 points while Nifty fell below the 22,000 level in the previous session. This was following a sell-off in index majors TCS, Infosys and Reliance and weak Asian trends as Japan's central bank hiked rates for the first time in 17 years.  -All eyes are now on US’ Federal Reserve as it is due to announce its interest rate decision later tonight. The two-day policy meeting kicked off yesterday.  -Ahead of the FOMC meet tonight, US equities were higher. The Dow Jones Industrial Average gained 0.83%, marking its best day since Feb. 22, while the S&P 500 climbed half a percent for a fresh record. The Nasdaq Composite advanced 0.39%. -This morning, Asia-Pacific markets rose as investors digested the Bank of Japan’s landmark shift in monetary policy while awaiting the U.S. Federal Reserve’s interest rate decision. -Hong Kong’s Hang Seng index slipped 0.51%, while the mainland Chinese CSI 300 was down 0.72% after the PBOC decision. In Australia, the S&P/ASX 200 rose 0.26%, a day after the country’s central bank held rates at 4.35% for the third meeting in a row.  - Oil is up another 0.6% to above $87 per barrel.  -In the previous session, Nifty finally closed below the 40-day EMA. It must be noted Nifty made a low but none of the other indices (banks, mid/smallcap) made a lower low. Now for a bounce, Nifty needs to climb above 21,950 (20-hour average). Bank Nifty has fallen for 8 straight days, but did not make a lower low yesterday. Bank Nifty could retrace some of the fall today.  - Stocks to track: Aditya Birla Sun Life AMC, Vodafone Idea, Aurobindo Pharma, TCS, Persistent Systems, YES Bank, UltraTech Cement, SBI Cards  Tune in to the Marketbuzz Podcast for more cues
3/20/20244 minutes, 6 seconds
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1216: Marketbuzz Podcast with Kanishka Sarkar: Here are key talking points

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of March 19 -Sensex rebounded over 300 points at close yesterday while Nifty ended above the 22,100 level as buying in IT and capital goods shares helped broader markets recover from the previous day's sharp losses. - The Nifty has managed to respect its 50-Day Moving Average at 21,909, which also indicates that 21,900 is the key level for the Nifty on the downside going forward. On the upside, the index continues to face resistance above 22,100 and Monday's high of 22,123, was at levels similar to that of Friday at 22,120. -Global cues, meanwhile, seem mixed. Overnight in the US, all three major indexes rebounded as tech companies gained, while investors awaited monetary policy guidance from the Federal Reserve. The Dow Jones Industrial Average rose 0.2%, while the S&P 500 gained 0.63%. The Nasdaq Composite climbed 0.82%. -Nvidia shares rose 0.7% on the first day of the company’s GTC Conference — where the chipmaker is expected to showcase its latest inroads in artificial intelligence. Shares of Alphabet ended 4.6% higher after reports that Apple was in talks with Google to include the company’s Gemini AI in iPhones. -The U.S. Federal Reserve is considered certain to keep rates at 5.25-5.5% when it ends its policy meeting tomorrow, and investors mostly expect the Fed to begin cutting rates by June or July. -Asia-Pacific markets fell this morning ahead of central bank monetary policy decisions from the Bank of Japan and the Reserve Bank of Australia. -All eyes are on the Bank of Japan amid expectations that the central bank could end its negative interest rate policy after 17 years. Japan’s Nikkei 225 opened 0.5% lower, still below the 40,000 level. The broader Topix traded near the flat line. -Oil held a gain with continued Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts in focus. Brent crude traded near $87 a barrel after a 1.8% rally on Monday to the highest close since late October. -There will be a big block deal taking place in TCS, where Tata Sons will sell 0.64% stake worth over ₹9,000 crore. -Stocks to track:TCS, Aditya Birla Sun Life AMC, Tata Steel, L&T Finance, Sonata Software, RPP Infra - GIFT Nifty was trading with a discount of more than 70 points from Nifty Futures' Monday close. indicating a gap-down start for the Indian market Tune in to the Marketbuzz Podcast for more cues
3/19/20244 minutes, 49 seconds
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1215: Marketbuzz Podcast with Kanishka Sarkar: 22,000 key Nifty 50 level to watch, Fed policy this week and more

Welcome to CNBC-TV18’s Marketbuzz Podcast bringing you all the important cues ahead of the trading session of March 18 Here’s a look at top cues to track today - A key question is if the Nifty will continue to hold on to the 22,000 level after the worst week in five months. Experts say that Nifty's momentum indicators suggest bearish momentum in the near-term. Nagaraj Shetti of HDFC Securities said that the short-term trend of the Nifty remains weak and a decisive move below 21,900 can open sharp downsides towards levels of 21,500 in the near-term. Therefore, 22,000 remains the immediate resistance mark. - Following the orders of SEBI and AMFI, many reserve funds have released the results of stress tests. Nippon India Small Cap Fund, an asset base holding company with around ₹46,00 crore, says it has accumulated 50% of the portfolio in equity in 27 days. At the same time, Edelweiss Mutual Fund says that it has created 50% of its portfolio in 2 days of investment. The results of the stress test will be issued to all these French fund houses every 15 days after March 15. -Wall Street awaits guidance on monetary policy from the Federal Reserve this week. In the previous session on Friday in the US, all three indexes fell as inflation concerns remain front and center ahead of the Federal Reserve’s policy meeting. The S&P 500 lost 0.65%, while the Dow Jones Industrial Average dipped half a percent and the Nasdaq Composite slipped almost a percent. -This morning, Japan’s Nikkei 225 index led gains in Asia-Pacific markets on, ahead of a week full of central bank meetings, while investors awaited a slew of economic data from China. Japan’s Nikkei 225 rose 2.1%, while the Topix climbed 1.6%. Hong Kong’s Hang Seng index opened 0.27% lower, while the CSI 300 index was 0.17% higher. - China is set to release a slew of economic data, including its February retail sales, industrial output, and urban unemployment numbers. -Oil prices ticked up in early trade, firming up gains from last week when prices rose nearly 4% on the view that supply was tightening. Brent crude oil futures for May delivery were above $85 a barrel. - Stocks to track: Zomato, HDFC Life, Aurobindo Pharma, Coforge, Adani Group stocks, Aditya Birla Fashion, Crompton Greaves, SJVN, Hindustan Aeronautics, LIC -In other news, the Election Commission announced dates for upcoming Lok Sabha polls as well as simultaneous elections to four states in seven phases starting April 19. The results will be announced on June 4. Tune in to Marketbuzz Podcast for more cues
3/18/20244 minutes, 46 seconds
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1214: Marketbuzz Podcast With Hormaz Fatakia: HPCL, Paytm, Olectra set to cap action packed week

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for Oil Marketing Companies, Paytm and Olectra Greentech
3/15/20245 minutes, 13 seconds
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1213: Marketbuzz Podcast With Hormaz Fatakia: Smallcaps in focus with ITC, Federal Bank, Coal India

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for Midcaps and Smallcaps and ITC, Coal India, IIFL Finance.
3/14/20244 minutes, 24 seconds
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1212: Marketbuzz Podcast with Hormaz Fatakia: What keeps ITC, IIFL Finance, SJVN in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a flat start for the Indian markets. Watch out for stocks like ITC, SJVN, Smallcaps and IIFL Finance.
3/13/20245 minutes, 37 seconds
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1211: Marketbuzz Podcast With Hormaz Fatakia: Why Smallcaps, ITC, SBI will be in focus

Marketbuzz Podcast: The GIFT Nifty is indicating a flat start for the Indian markets. Watch out for stocks like ITC, IndiGo, and Aditya Birla Capital.
3/12/20245 minutes, 17 seconds
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1210: Marketbuzz Podcast With Hormaz Fatakia: The 10 Key Talking Points

Marketbuzz Podcast: The GIFT Nifty is indicating a gap up start for the Indian markets. Watch out for stocks like IndiGo, PSUs and JM Financial
3/11/20245 minutes, 47 seconds
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1209: Marketbuzz Podcast with Kanishka Sarkar: Here are key talking points

Welcome to CNBC-TV18’s Marketbuzz Podcast for all the important market cues ahead of March 7 session -Nifty saw a big recovery while broader markets were under pressure in the previous session on March 6. All of Nifty’s 250-point recovery came in the last two hours on the back of private bank and IT stocks. - Overnight in the US, Wall Street followed world shares to a higher close the benchmark U.S. Treasury yield dipped to a one-month low after Federal Reserve Chair Jerome Powell reassured investors that while inflation is not quite tamed, rate cuts can be expected this year. All three major U.S. stock indexes closed well below session highs, marking a partial rebound from Tuesday's steep sell-off. The tech-heavy Nasdaq enjoyed the most robust gain. -All major Asia-Pacific stock indexes hit record highs  while investors awaited trade data from China. The Nikkei 225 hit a record high before trading 0.14% lower, while the broader Topix gained 0.4%, also hitting a record high. - Oil has gone up a percent to $82.90/bbl. -Bitcoin has cooled after a blistering rally this week that saw it briefly rise above a record high. The cryptocurrency has edged half a percent lower to trade at $66,132.42. -The Gift Nifty indicates a positive start for the market. -Stocks to track: Mahindra & Mahindra, NLC India, Hindustan Aeronautics, Zomato, LIC, Vedanta Tune in to Marketbuzz Podcast for more cues
3/7/20244 minutes, 2 seconds
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1208: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of March 6 trading session - The Gift Nifty indicated a gap down start for the domestic market as of 7:30. -The last three trading sessions have seen the Nifty continue to trade in a narrow range and remain in consolidation mode. Since the rally on Friday, the index has not exhibited any signs of moving higher towards 22,500 or slipping from their record highs. For now, Nifty seems to be consolidating above 22300. - NBFCs or non-bank lenders continue to be a key focus. After IIFL Finance, now Reserve Bank of India (RBI) has barred JM Financial Products from financing against shares and debentures. Therefore, NBFCs could continue to be under pressure on sentiment overhang.  - Both foreign and domestic investors bought in cash. While DIIs bought ₹1,834 crore, FIIs bought ₹574 crore in the cash market.  -Asia-Pacific markets fell across the board this morning, mirroring a tech slide on Wall Street overnight led by Apple. Apple shares slipped almost 3% in U.S. trading after a report from Counterpoint Research found iPhone sales plunged in China in the first six weeks of 2024. Investors monitored shares of Apple suppliers in Taiwan and South Korea. -Hong Kong’s Hang Seng index rebounded from Tuesday’s losses to rise 0.26%, while China’s CSI 300 index was down 0.18%. Japan’s Nikkei 225 dipped 0.37%, falling below the 40,000 mark, while the broad-based Topix edged 0.1% higher.  -U.S. stocks slipped for a second session Tuesday, dragged by steep declines in major tech names such as Apple. The indexes slipped from record high territory. The Nasdaq Composite fell 1.65% as technology stocks fell the most. The Dow Jones Industrial Average lost 1.04% while the S&P 500 fell 1.02%. Meanwhile, the U.S. jobs data is due later this week. -In cryptocurrencies, bitcoin was slightly up but stayed below a record high reached in a volatile overnight session. -Oil has fallen nearly 1% to near $82 per barrel whereas Gold has hit fresh highs amid the risk-off environment.  -Stocks to track: Zomato, JM Financial, Samvardhana Motherson, Havells India, REC Board, Bharti Airtel, Coal India, Wipro, Indiabulls Real Estate, JSW Energy, NHPC and IRCTC.
3/6/20244 minutes, 39 seconds
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1207: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Welcome to CNBC-TV18’s Marketbuzz Podcast Check out all the cues before the trading session of March 5 - In the previous session, the Nifty held firm above 22,400. Both Sensex and Nifty settled at new record high levels in a highly volatile trade. There was buying in energy and banking shares as Moody's upgraded 2024 India GDP growth forecast on "better than expected" economic data. - There was also large buying from domestic institutions. The DIIs bought Rs ₹7,300 crore in the first three days of March. - Overnight in the US, all three major indexes retreated with the S&P 500  and Nasdaq Composite off all-time highs, despite technology stocks tied to the artificial intelligence boom seeing a rally. The S&P 500 shed 0.12%, while the Nasdaq Composite slipped 0.41%. The Dow Jones Industrial Average lost 0.25%. -Asia-Pacific markets also fell this morning as China’s “Two Sessions” meeting got under way. Investors are watching out for the details of its economic plans after the country projected a GDP growth target of “around 5%” for 2024. The country also expects the inflation rate to rise to “around 3%.” -Japan’s Nikkei 225 fell below the 40,000 mark after crossing that milestone yesterday. South Korea’s Kospi also slipped 0.13%, and the small-cap Kosdaq shed 0.92%. Hong Kong’s Hang Seng index fell 1.4%. -On the commodities front, gold futures settled at a record high on Monday as traders bet the Federal Reserve will start cutting interest rates in the second half of the year. Futures reached $2,126.30, before falling slightly to $2,115.38 per ounce currently. -Bitcoin has surged past 67000$ for the first time ever. This surge is ahead of bitcoin halving in April and big inflows due to bitcoin spot ETF. - Tata Motors shares will be significant to watch today. The company has decided to demerge its PV and CV business into two separate entities. Analysts however believe most of the re-rating of tata motors individual segments has already happened. - According to sources, Macrotech Developers has launched QIP to raise funds. They’ve said that the company is looking to raise ₹3,300 crore through the QIP. -Tata Communications is another key stock to watch. The Department of Telecom has granted an additional authorisation to provide Machine to Machine (M2M) services in the national area under the company's existing Unified License Agreement. The service authorisation has a validity of 20 years. -As of 7:30, the Gift Nifty indicated a flat start for the Indian market. Tune in to the Marketbuzz Podcast for more cues
3/5/20244 minutes, 26 seconds
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1206: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day's trading action on March 4 -The GIFT Nifty 50 traded above 22,500, indicating a start in the green for the domestic market. Asian peers too tracked Wall Street gains. - Post the three-day surge, the Nifty 50 is only 155 points away from the level of 22,533, which would be three times from the bottom of 7,511 that it had made on March 23, 2020. -In the U.S., the tech-heavy Nasdaq advanced more than a percent. The S&P 500 also ended almost a percent higher for its first close above the 5,100 threshold. Both Nasdaq and S&P 500 hit fresh highs on March 1 -Sensex and Nifty ended at new closing high levels in the special trading session on Saturday, i.e. March 2nd. They extended their previous day's sharp rally, amid impressive GDP data and foreign fund inflows. -In morning trade, Japan’s Nikkei smashed the 40,000 barrier. Australia’s S&P/ASX 200 started the week up 0.25%. South Korea’s Kospi rose 1.4%. In contrast, Hong Kong’s Hang Seng index was set to open slightly down. - Stocks to track: NTPC, SJVN, HAL, L&T, Godrej Properties, Coforge - The BJP has announced its first of candidates for the 2024 Lok Sabha polls and Prime Minister Narendra Modi will contest from the Varanasi constituency. - Byju's founder Byju Raveendran has told employees the company will not be able to pay salaries as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors. - While some like Bengali Matrimony, Marathi Matrimony, Tamil Matrimony, Jodii and Bharat Matrimony, Naukri, 99acres and NaukriGulf are back on Play Store, founders say majority of the apps are still not restored on Play Store. -IT Minister Ashwini Vaishnaw on Saturday made it clear that the removal of apps by Google was unacceptable and that "startups will get the protection they need". Tension between Google and some Indian apps flared on Friday after the tech giant removed certain apps from its Play Store in India over a dispute on service fee payments. Tune in to the Marketbuzz Podcast for more cues ahead of today’s session
3/4/20245 minutes, 37 seconds
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1205: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating another flat start for the Indian markets. Watch out for stocks like Suven Pharma, Biocon, and Chalet Hotels.
3/1/20244 minutes, 57 seconds
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1204: Marketbuzz Podcast

Marketbuzz Podcast: The GIFT Nifty is indicating another flat start for the Indian markets. Watch out for stocks like Reliance Industries, TV18, Shriram Finance & UPL.
2/29/20245 minutes, 9 seconds
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1203: Marketbuzz Podacst With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating another flat start for the Indian markets. Watch out for stocks like Vodafone Idea, CMS Info, Vedanta and Salasar Techno.
2/28/20245 minutes, 18 seconds
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1202: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating a flat-to-positive start for the Indian markets. Watch out for stocks like Vodafone Idea, Canara Bank, CMS Infosystems and Andhra Cements.
2/27/20245 minutes, 28 seconds
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1201: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating a flat start for the Indian markets. Watch out for stocks like Dixon Tech, Kotak Bank and Rain Industries.
2/26/20244 minutes, 1 second
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1200: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating a positive start for the Indian markets. Watch out for stocks like Vodafone Idea, PFC, Angel One.
2/23/20243 minutes, 49 seconds
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1199: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating a positive start for the Indian markets. Watch out for stocks like Grasim, Asian Paints and South Indian Bank.
2/22/20245 minutes, 1 second
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1198: Marketbuzz Podcast With Hormaz Fatakia

HDFC Bank took the index higher on Tuesday. Will that trend continue in mid-week trade? Find out more about the market and the stocks to watch on the marketbuzz podcast.
2/21/20245 minutes, 18 seconds
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1197: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating a flat to negative start for the Indian markets. Watch out for stocks like Whirlpool, Coal India and Biocon.
2/20/20244 minutes, 57 seconds
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1196: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating a positive start for the markets today. Keep an eye out for stocks like Paytm, HDFC Bank and FTSE inclusions.
2/19/20246 minutes, 27 seconds
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1195: Marketbuzz Podcast With Meghna Sen: Here are key talking points

GIFT Nifty is trading with a premium of more than 80 points from Nifty Futures' Thursday close, indicating a gap-up start for the Indian stock market. Keep an eye out for stocks like Vedanta, Yes Bank, Axis Bank and Max Life Insurance Company.
2/16/20243 minutes, 3 seconds
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1194: Marketbuzz Podcast with Kanishka Sarkar: Here are the 10 key talking points

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 15 trading action -In the previous session, the Indian market defied the negative cues from global peers and made a smart recovery during intra-day trading to settle at day's high led by gains in State Bank of India, Bank of Baroda, and other PSU banks. At close, the BSE Sensex rose 267 to settle at 71,822.83 and the Nifty50 gained 96 points to end at 21,840. - Foreign institutional investors (FIIs) net sold shares worth Rs 3,929.60 crore, while domestic institutional investors (DIIs) purchased Rs 2,897.98 crore worth of stocks on February 14, provisional data from the NSE showed. -Will Nifty 50 retest the 22000 or 22100 levels? Analysts say with the third quarter earnings season almost over, the focus will now shift to global cues and economic data points. And that the market may see a gradual up move on the back of strong fundamentals. - Overnight in the US, all three major indexes regained some ground after the sell-off on February 13, following hotter-than-anticipated inflation reading. The S&P 500 advanced almost a percent while the Nasdaq Composite climbed more than a percent. The Dow Jones  was up 0.4%. -In morning trade, Asian markets rebounded after mostly falling in the previous session. This is even as GDP numbers from Japan showed that Asia’s second-largest economy had entered a technical recession. -All eyes will be on US retail sales data, jobless claims and industrial production data that will be released in the evening -Stocks to track: Utkarsh Small Finance Bank, Hindustan Unilever, IRCTC, Paytm, M&M, Muthoot Finance, Gland Pharma, Glenmark Pharma and Sun TV. -Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 80 points or 0.37 percent. The Nifty futures were trading around the 21,993 level. -Results: EPACK Durable and R Systems International -Nifty’s weekly options expiry is also due today. Tune in to the Marketbuzz Podcast fore more cues
2/15/20244 minutes, 18 seconds
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1193: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 14 trading action - US inflation data came out higher than expected. US CPI data rose by 0.3% on a monthly basis, while on an annual basis it was up 3.1%. Core prices, which exclude volatile food and energy components, rose 0.4% month over month and 3.9% from a year ago. Core CPI was expected to have increased 0.3% in January and 3.7% from a year earlier, respectively. - Overnight in the US, the hotter-than-expected inflation data saw all three major indexes lose ground, with the Dow Jones Industrial Average falling 1.35%, clocking its worst session since March 2023 on a percentage basis. The S&P 500 slid 1.37%, while the Nasdaq Composite fell 1.8% to settle at 15,655.60. - Asia-Pacific markets tracked Wall Street losses. Hong Kong’s Hang Seng index led losses in Asia, plunging 1.7% at the open as the city returns to trade after the Lunar New Year holiday. Japan’s Nikkei 225 retreated from 34-year highs, falling 0.78%, while the Topix saw a larger loss of 1.21% - Oil held a seven-day run of gains as traders digested contrasting outlooks from OPEC and the IEA, as well as a mixed US stockpiles report. - Brent was near $83. Although OPEC’s top official said global oil demand is set to grow strongly, the Paris-based International Energy Agency flagged comfortable markets this year. - The domestic stock market in the previous session closed at day's high amid volatility, regaining half of Monday's losses. The Nifty50 index held onto 21,700. The midcap index also recovered sharply, gaining about 1,000 points from lows. The Sensex rose 482.70 points or 0.68% at 71,555.19, and the Nifty gained 127.30 points or 0.59% at 21,743.30. - The Nifty Bank index also shed previous session losses and settled 1.38% higher at 45,502.40. The PSU sector has bounced back after witnessing profit booking over the last few trading sessions. - Meanwhile, foreign investors were net buyers, buying ₹376 crore, in the cash market on February 13, while domestic investors also bought ₹274 crore in equities. - Adani Group companies, IRCTC, Zee Ent, Nalco, Oil India, Deepak Nitrite, BPCL,  Bharat Electronics - Gift Nifty was trading in the negative territory this morning indicating a start below 21700 level for Nifty. Tune in to the Marketbuzz Podcast for more cues
2/14/20244 minutes, 33 seconds
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1192: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 13 trading action -The domestic stock market failed to hold opening gains on February 12, weighed down by broad-based profit booking. Small- and mid-caps extended their slide on rising concerns over high valuations. The NSE Nifty 50 index settled 0.76% or 166.45 points lower at 21,616.05, while the S&P BSE Sensex closed 0.73% or over 500 points lower at 71,072.49. -Foreign institutional investors (FIIs) net bought shares worth ₹126.60 crore, while domestic institutional investors (DIIs) purchased ₹1,711.75 crore worth of stocks on February 12, provisional data from the NSE showed. -Following the February 2024 quarterly review, NMDC, GMR Airports, Union Bank, BHEL and Punjab National Bank have entered the MSCI Global Standard Index. Apart from the new additions, the index provider has also increased the weights of Zomato, DLF, MRF, Hindalco, Interglobe Aviation, Dr Reddy's, Hero Motocorp, HDFC AMC, Lupin, Astral, One97 Communications and Bandhan Bank. - On Wall Street, the S&P 500 ended down slightly after hitting a fresh intraday record high. The MSCI world stock index was flat after touching its highest level since January 2022. -US’ January consumer price index report is due later today, while the U.S. producer prices report is due later in the week. Investors are also eager to see Thursday's U.S. retail sales report for January. -The Asia-Pacific markets mostly rose this morning as more markets return to trade from the Lunar New Year holiday, including South Korea and Singapore. Japan’s Nikkei 225 rose 1.82% on its open, crossing the 37,000 mark. Should the Nikkei sustain its gains and close above this mark, it will reach a 34-year high. Markets in China are closed for the week, due to the Lunar New Year holiday. Hong Kong is closed Tuesday, but is set to resume trading Wednesday. - Bitcoin has hit the $50,000 level for the first time in more than two years as the world's largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month's regulatory nod for U.S. exchange-traded funds designed to track its price. -Results: Eicher Motors, Hindalco Industries, Siemens, Zee Entertainment Enterprises, IRCTC, Bharat Heavy Electricals, Bosch, National Aluminium Company, Gujarat Gas, Indiabulls Real Estate, Innova Captab, INOX India, Oil India, and Sula Vineyards among others. -Stocks to track: Coal India, JSW Energy, Steel Authority of India, Hindalco - Gift Nifty was trading 0.1% percent lower at 21,728 at around 7:30 am, indicating a flat start of the domestic market. Tune in to the Marketbuzz Podcast for more cues
2/13/20245 minutes, 39 seconds
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1191: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 12 trading action - Stocks on Wall Street ended higher on February 9, after December’s revised inflation reading came in lower than first reported. S&P 500 closed above the key 5,000 level for the first time ever while the tech heavy Nasdaq Composite rallied more than a percent. The Dow Jones, meanwhile, slipped 54 points to settle at 38,671. - Asian markets were mixed in February 12 morning trade as they started a holiday-shortened week for most markets due to the Lunar new year. China remains shut for the week. - Oil declined half a percent with Brent crude trading near the $82 a barrel mark. - The CPI inflation data for January and the industrial production data for the month of December are due to be released later in the day. - In the previous session, India's stock benchmarks made a recovery in the second half of the trading session. Investors bought banking, financial, and pharma stocks ahead of the last leg of the third-quarter corporate results. - Foreign investors were net buyers, buying ₹141 crore in the cash market on February 9, the last trading session while domestic investors were heavy sellers, selling ₹421.87 crore in equities. - Nifty 50 shed 120 points to finish at 21,782.5, while BSE Sensex tumbled 723 points or 1% to close at 71,595. PSU banks were a key highlight as they outshined with the State Bank of India leading with a 12% rally in just five trading sessions. - Key stocks to watch: ONGC, MCX, Apeejay Surrendra Park Hotels - Results today: Vinati Organics, Bharat Forge, Chambal Breweries & Distilleries, Coal India, Dilip Buildcon, GE Power India, Hindustan Aeronautics, JM Financial  and Mazagon Dock Shipbuilders - Gift Nifty was trading 0.09% higher at 21,945 at around 7 am, indicating a start near the flatline for the domestic market. Tune in to the Marketbuzz Podcast for more cues
2/12/20243 minutes, 44 seconds
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1190: Marketbuzz Podcast With Hormaz Fatakia: Nifty May See More Pressure

Marketbuzz Podcast: The GIFT Nifty is indicating a slightly negative start for the markets today. Keep an eye out for banking stocks, ITC and LIC.
2/9/20244 minutes, 41 seconds
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1189: Marketbuzz Podcast With Hormaz Fatakia

The GIFT Nifty is indicating a positive start for the markets today. Keep an eye out for RBI's policy decision and stocks like LIC and Tata Consumer.
2/8/20243 minutes, 55 seconds
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1188: Marketbuzz Podcast With Hormaz Fatakia

Marketbuzz Podcast: The GIFT Nifty is indicating a positive start for the Nifty today. Keep an eye out for stocks like Britannia and Navin Fluorine. Tune in to the podcast for more.
2/7/20244 minutes, 32 seconds
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1187: Marketbuzz Podcast with Hormaz Fatakia: Sensex, Nifty 50 likely headed for a muted start, PSUs in focus

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a muted opening in the trading session of February 6.   In the previous session, Nifty 50 made an intraday high of around 21,960 and corrected almost 200 points from those levels. Public sector companies like SJVN, NHPC, oil marketing companies (OMCs) have also been on the radar and have corrected sharply. Several stocks like Ashok Leyland and Suven Pharma are expected to react to Q3 results.\ Meanwhile, companies like Britannia, Nykaa, Nazara Tech and Lemon Tree among others will report their quarterly results.  Globally, the handover from Wall Street is weak while Asian markets traded mixed in the morning. The GIFT Nifty is indicating a muted start for the domestic market Tune in to the Marketbuzz Podcast for more cues
2/6/20242 minutes, 5 seconds
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1186: Marketbuzz Podcast with Hormaz Fatakia: Sensex and Nifty 50 likely to start flat, Paytm and Zee in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open in the red in the trading session of February 5 with a focus on stocks like Zee Entertainment, Paytm, Tata Motors and Delhivery among others.  India's GIFT Nifty was trading at 21,919 points as of 7:54 am IST, suggesting the NSE Nifty 50 will open near its February 2 close of 21,853.80. Last week, Nifty Bank outperformed the Nifty on a weekly basis for the first time in almost two months. It gained 2.5% last week compared to the Nifty 50’s 2.3% gain. The last time this happened was in December 2023. However, overall the market sold off sharply. The Nifty 50 although it ended higher, it closed almost 300 points off the highest point of the day. The Nifty Bank, despite outperforming last week, was still the weaker among the two. Out of the last 11 sessions, the Nifty Bank closed above 46,000 only twice. The week starting February 5 is a data heavy week with quarterly earnings of Britannia, Bharti Airtel and Lupin, and RBI monetary policy.  This morning, Asian markets were lower after data showed US non-farm payrolls jumped more than expected in January, highlighting a resilient economy and weighing on hopes of an early Fed rate cut. Brent crude futures inched up 8 cents to $77.41 a barrel by 0131 GMT, while U.S. West Texas Intermediate futures were flat at $72.28 a barrel. Tune in to the Marketbuzz Podcast for more cues
2/5/20242 minutes, 16 seconds
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1185: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely headed for strong start

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a strong start in the trading session of February 2, a day after Finance Minister Nirmala Sitharaman presented an interim budget for 2024.  India's GIFT Nifty was trading at 21,912 points as of 8:20 a.m. IST, suggesting the NSE Nifty 50 will open above its February 1 close of 21,697.45. Asian shares also gained in morning trade after US labour market data indicated a cooling economy, providing support to the Federal Reserve to combat inflation. Wall Street equities closed higher overnight aided by Meta’s strong results and buyback announcement. Brent crude futures rose 50 cents, or 0.6%, to $79.20 a barrel at 7:25 am, while U.S. West Texas Intermediate crude futures gained 40 cents, or 0.5%, to $74.22 a barrel. In the domestic market, towards the end of the previous trading session, markets erased the opening gains to end with minor cuts. The market is likely to deeply analyse the budget and there might be reactions to that. Stocks to watch: Metal, pharma, and auto stocks, Paytm, Bandhan Bank and more Tune in to the Marketbuzz Podcast for more cues
2/2/20242 minutes, 45 seconds
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1184: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open in red, Maruti Suzuki, L&T in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open in the red in the trading session of January 31, a day ahead of the Budget 2024 speech by Union Finance Minister Nirmala Sitharaman. Overnight cues are quite mixed. The US market ended mixed with the NASDAQ bearing the brunt of selling pressure in Alphabet and Microsoft following earnings. Asian shares fell broadly in morning trade as Chinese markets wobbled after an official factory survey showed China's manufacturing activity in January contracted for a fourth straight month. Meanwhile, GIFT Nifty indicated a start in the red for the domestic market. The index was trading 0.20% lower at 21,627 at 8:38 am, lower than Nifty 50’s close of 21,522.10 in the previous session. Key stocks to track: Maruti Suzuki, L&T, Dr Reddy's, Ambuja Cement, Shree Cement, Sun Pharma and more Tune in to Marketbuzz Podcast for more cues
1/31/20242 minutes, 21 seconds
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1183: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open in green, Budget, results in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open in the green in the trading session of January 30 with a heavy week ahead as Budget 2024, auto sales numbers and corporate earnings are all lined up this week.   India's GIFT Nifty was trading at 21,961 points as of 7:50 a.m. IST, suggesting the NSE Nifty 50 will open above its January 29 close of 21,737.60. Overnight in the US, Wall Street equities rose overnight with the S&P 500 hitting a fresh record high, ahead of key corporate earnings and Fed policy decision on January 31. Asian markets were muted. Oil prices cooled off from two-month highs with brand futures down a little over a percent to the $82.4 a barrel mark. Meanwhile, in the previous session, the Nifty 50 and the BSE Sensex logged their best day since December 4, 2023, driven by gains in heavyweights Reliance Industries and ONGC as oil prices climbed. Stocks to watch: ITC, Bajaj Finance, NTPC, Vodafone Idea, Piramal Enterprises, Marico  Tune in to the Marketbuzz Podcast for more cues
1/30/20242 minutes, 32 seconds
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1182: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open higher, HDFC Bank, Tata Technologies in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open higher in the trading session on January 29, after a truncated trading last week. In global cues, US markets pulled off after a six-day rally on January 25 while European indices ended last week on fresh two year highs. Asian shares were in green after China rolled out measures to stabilise its markets, while US data added to hopes of early interest rate cuts. However, the keyword continues to remain oil prices that are tracking near two-month highs brand futures at $83 a barrel. Oil prices continue to remain relatively firm. India's GIFT Nifty was trading at 21,641.00 points as of 8:10 a.m. IST, suggesting the NSE Nifty 50 will open above its January 25 close of 21,352.60. Bajaj Finance, Bharat Petroleum Corporation, ITC and NTPC are due to report their earnings for the October to December 2023 quarter. Top stocks to track: HDFC Bank, Adani Power, Zee, Tata Technologies Tune in to Marketbuzz Podcast for more cues
1/29/20242 minutes, 12 seconds
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1181: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 to open in green, Bajaj Auto, Tech Mahindra in focus

The Indian benchmark indices, Sensex and Nifty 50, are likely to open the trading session on a positive note on January 25, after ending one percent higher in the previous session. The cues from the US continued to remain mixed in a range-bound session. The S&P 500 and NASDAQ extended their winning streak for the fifth consecutive day, with Netflix surging 10% after reporting robust earnings for the December quarters. Meanwhile, the Dow Jones experienced its second consecutive session of decline. In the previous session, the domestic market managed to regain most of the losses seen in the session before that with broader markets seeing a sharp recovery. The Midcap index surged nearly 1500 points from its intraday low. Meanwhile, oil prices rose after data showed US crude stockpiles fell more than expected last week, while the Chinese central bank's cut in banks' reserve ratio reinforced hopes of more stimulus measures and economic recovery. The March contract for Brent crude gained 20 cents, 0.3%, to $80.24 a barrel as at 0128 GMT. U.S. West Texas Intermediate crude climbed 22 cents, or 0.3%, to $75.31 a barrel. Earnings to track: Vedanta, ACC, AU Small Finance Bank, SBI Card, Shriram Finance, Syngene International, PNB, HPCL and Chola Investment Tune in to Marketbuzz Podcast for more cues
1/25/20242 minutes, 12 seconds
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1180: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 likely to open higher amid mixed global cues

Indian benchmark indices, Sensex and Nifty 50, are likely to open higher in the trading session of January 24, amid mixed cues from the global market. The GIFT Nifty is indicating a start with healthy gains with investors keeping an eye on companies that will report quarterly financial results. Asian shares rose in the morning on optimism that Chinese authorities will offer support for its stock markets, which have plummeted to multi-year lows, while a hawkish tilt from the Bank of Japan lifted the yen. The MSCI's broadest index of Asia-Pacific shares outside Japan was 0.27% higher. Still, the index is down 5% in January, set for its worst monthly performance since August. Overnight in the US, NASDAQ and S&P recorded minor gains but closed at record highs while the blue chip index Dow Jones snapped a three day gaining streak to close in the red. In the previous domestic session, pain was seen in the broader markets with the Nifty Midcap index recording its biggest single-day drop in a month. That fall led to the erosion of ₹8 lakh crore in investor wealth. HDFC Bank contributed to almost 50% of the Nifty Bank’s fall. Bajaj Auto Balkrishna Industries, TVS, Canara Bank, Tata Steel and Tech Mahindra are among the firms that will report quarterly earnings later in the day.  Tune in to the Marketbuzz Podcast for more cues
1/24/20242 minutes, 15 seconds
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1179: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 to start in green, Zee and ICICI Bank in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to start the trading session of January 23 on a positive note as both global and domestic cues suggest. In terms of global setup, US closed the first session of the week with minor gains overnight but at a record high tracking earnings and economic data with all the three major indices closing with gains. In the previous domestic session on January 20, the market saw thin volumes with the broader market closing with healthy gains while benchmark indices closed in the red. For Nifty 50, drags came in largely from IT and FM G names. The good part was that the HDFC Bank snapped its three day losing streak. In the trading session this morning, the major move in both Nifty 50 and Nifty Bank will depend on how ICICI Bank reacts to third quarter earnings that came in largely better than estimates. Gift Nifty is indicating a positive start and was up more than 100 points at the of recording the podcast. Axis Bank and Havell's are expected to report their earnings later in the day while globally, Netflix will report its financial results for the December quarter. Tune in to the Marketbuzz Podcast for cues
1/23/20242 minutes, 8 seconds
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1178: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to open higher, Reliance, Paytm in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open higher on January 19, after a three-day losing streak, tracking Asian peers. The previous session was another weak one with the markets extending losses for the third street session. The sluggish global market markets, in addition to mixed quarterly earnings seem to be weighing on sentiment at least until January 18. HDFC Bank, IndiaMart, LTI Mindtree saw downside following results. In the January 19 session, the market will react to IndusInd Bank’s Q3 numbers. The global setup seems positive as the US markets rose in the overnight session led by the tech led rally. Asian shares largely traded higher in morning trade as the Japanese inflation in December hit the lowest since June 2022. Meanwhile, Reliance Industries, HUL and Ultratech Cement and Paytm are due to report earnings later in the day. ICICI Bank and IDFC First Bank will report results on January 20, when there will also be a special or limited trading session. Tune in to the Marketbuzz Podcast for more cues
1/19/20242 minutes, 14 seconds
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1177: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to start lower, HDFC Bank, ICICI Prudential Life in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to start the trading session of January 18 in the red, a day after the biggest fall in two years. The Nifty Bank index also saw the biggest fall since 2022 with HDFC Bank recording the worst day in three years. It remains to be seen if the previous session’s move was exceptional or if it will sustain given the weak global cues combined with pressure in private banks weighing on sentiment. The Street is likely to focus on financial earnings post HDFC Bank and track if there will be net interest margin pressure in other banks as well. IndusInd Bank and South Indian Bank are among the lenders expected to report earnings later in the day. The Central Bank and RBL Bank will report results on January 19 while the ICICI Bank will release quarterly numbers the day after. Since Reliance Industries will also report numbers after the January 20 trading session, January 22, Monday’s session will be key to watch.  The global setup looks weak, the China GDP data being the key concern. The US markets ended lower in the overnight session while Asia shares were weak this morning. Brent crude was hovering at around $78 per barrel. The GIFT nifty too is indicating a lower start for the domestic market. Tune in to Marketbuzz Podcast for more cues
1/18/20241 minute, 58 seconds
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1176: Marketbuzz Podcast with Ekta Batra: Sensex and Nifty 50 to open with cuts

Sensex and Nifty 50 are likely to to open with cuts in the trading session of January 17.  
1/17/20241 minute, 29 seconds
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1175: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open little changed, banking stocks in focus

India’s benchmark indices, Sensex and Nifty 50, are likely to start the trading session of January 16 little changed from the previous close. After Nifty 50 conquered the 22,000 mark, the markets posted a record close led by heavyweights like Reliance Industries as well as IT stocks, which saw continued buying. The Nifty 50 ended higher for the fifth consecutive session with the midcap index too posting a record close. There seems to be momentum from results, a pre-election rally, and inflation data, which was softer-than-anticipated. According to market experts, the strategy of possibly buying on dips with a focus on stock selection is likely to continue. Globally, the US markets were closed overnight. Asia stocks were trading largely lower while Brent crude was a bit sluggish at around $78 per barrel. The GIFT Nifty is indicating a softer start. Quarterly results are the major cues to watch out for with Federal Bank, HDFC Bank, and Bank of Maharashtra in focus. Tune in to the Marketbuzz Podcast for more cues
1/16/20242 minutes, 5 seconds
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1174: Marketbuzz Podcast with Ekta Batra: Nifty 50 eyes 22,000 as IT stocks continue to be in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open in the green on January 15 and continue the uptrend from the previous week with IT stocks in focus. In the previous session on January 12, Sensex and Nifty 50 surged over a percent to hit their fresh all-time highs, driven by a stellar rally in IT stocks after TCS and Infosys reported financial results. Later in the day, Wipro and HCLTech also reported their quarterly earnings, following which there are likely to be stock reactions. Jio Financial and Angel one will report their numbers later today. Now, in terms of the global setup, it seems as though the domestic market will be more resilient because the Dow closed more than 100 points lower, with several banks ending lower. Oil prices slipped in early trade with traders watching out for supply disruption risk in the Middle East following strikes by U.S. and British forces to stop Houthi militia in Yemen from attacking ships in the Red Sea. Brent crude futures fell or 0.4% to $77.98 a barrel by 6:54 am India times after settling up 1.1% on January 12. Tune in to the Marketbuzz Podcast for more cues
1/15/20242 minutes, 41 seconds
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1173: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 to open in green, TCS, Infosys in focus

India's benchmark indices, Sensex and Nifty 50, are likely to open the trading session of January 12, as the overall setup for the market looks positive on the domestic front. The focus will be on information technology stocks after top companies TCS and Infosys flagged weak client spending in their quarterly results. The earnings reports, however, were largely in line or better than estimates. On the global front, Wall Street equities closed little changed overnight after data showed that headline CPI rose above estimates at 0.3% in December, for an annual gain of 3.4%. Asian equities opened marginally higher. In the previous domestic session, Reliance contributed more than 50 points and helped Nifty 50 hold on to the level of 21,600. India's GIFT Nifty was trading at 21,720.50 as of 8:18 am, suggesting the NSE Nifty 50 will open near its close of 21,647.20 on January 12. Meanwhile, Wipro, HDFC Life Pro and HCL Tech will report earnings for the third quarter. Tune in to the Marketbuzz Podcast for more cues
1/12/20242 minutes, 29 seconds
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1172: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 set to start in green, all eyes on TCS, Infosys results

Indian benchmark indices, Sensex and Nifty 50, are likely to start the trading session of January 11 on a positive note as cues have largely turned positive on both global and domestic front. Overnight on Wall Street, all the three major indices closed the session near day’s high with gains coming in the range of half a percent to 1%. Major contributors to Dow Jones were stocks like Microsoft, Walmart and Salesforce. Nifty 50, meanwhile on January 10,  gained more than 70 points of which more than 50 points were contributed by Reliance, which closed at a record high. Despite the surge in market and positive sentiment, it did not reflect in FiI numbers. FIIs were sellers in the cash market and the sell figure was ₹1,700 crore but it was offset by DII, where the buy figure was ₹2,100 crore. India's GIFT Nifty was trading at 21,730 as of 8:00 am, suggesting the NSE Nifty 50 will open above its close of 21,618.70 on January 10. TCS and Infosys’ are the key quarterly earnings reports to track in the day. Tune in to the Marketbuzz Podcast for more cues
1/11/20242 minutes, 18 seconds
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1171: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 to open with minor cuts, Delta Corp and Zee in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to start the trading session of January 10 with minor cuts, following mixed cues from global markets. On Wall Street, US indices closed near the flat line after a range bound session overnight. Some of the technology stocks helped NASDAQ close in the green while S&P 500 was flat. Dow too saw recovery from day’s low but failed to turn positive. The MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.35% in morning trade, after logging losses in each of the six previous sessions. Meanwhile, India's GIFT Nifty was trading at 21,573 as of 8:18 a.m. IST, suggesting the NSE Nifty 50 will open near its close of 21,544.85 on January 9. Among the key stocks to track are Zee Entertainment, Delta Corp, Vedanta, and SpiceJet. Tune in to the Marketbuzz Podcast for cues
1/10/20242 minutes, 41 seconds
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1170: Marketbuzz Podcast with Sudarshan Kumar: Nifty 50 likely headed for gap up start, Bajaj Auto in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to make a gap up opening in the trading session of January 9, a drop in the previous session. This follows a rebound in Asian peers. In the overnight session, Wall Street equities closed higher overnight. Thanks to the big surge in the tech heavyweights, NASDAQ the tech heavy index surged over 2%, S&P too gained more than 1% though Dow relatively underperformed and closed with a gain of 0.6%. Following the positive global cues, Gift Nifty indicated a gap up start for the Indian market. India's GIFT Nifty was trading at 21,704.50 as of 8:09 a.m. IST, suggesting the NSE Nifty 50 will open above its close of 21,513.00 on January 8. Another positive cue for the domestic market is the big fall in crude. Brent saw a fall of over 4% each as demand concerns resurfaced after price cut announcement by Saudi Arabia. Stocks in focus: Bajaj Auto, Delta Corp, Metropolis Tune in to the Marketbuzz Podcast for more
1/9/20242 minutes, 53 seconds
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1169: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to be muted, all eyes on earnings

Indian benchmark indices, Sensex and Nifty 50, are likely to make a muted opening on January 8. The week ahead will see major earnings including Infosys, Tata Consultancy Services (TCS), Wipro, HCLTech and HDFC Life.  Meanwhile, the GIFT Nifty suggests a flat start for the January 8 session, consolidating from last week. Global markets too consolidated in the previous session.  Brent crude prices rose over the weekend with the commodity trading near $78.5 per barrel. Stocks to track in today’s trade include Titan, Bajaj Auto, Tata Steel, Nykaa, Bank of Baroda, Marico, and Adani Wilmar, among others. Tune in to the Marketbuzz Podcast for more cues
1/8/20243 minutes, 51 seconds
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1168: Marketbuzz Podcast With Vivek Iyer: GIFT Nifty indicates a start in the red for Nifty 50, Sensex

Markets ended 2023 with nine weeks of Street gains, but in the first week of the New Year, we are likely to snap the winning streak. The Dow Jones and S&P 600, Nasdaq, are all set to end the week with cuts as well. On Thursday, the Nasdaq continued to witness selling pressure and bore the brunt of the kind of the weakness that has been seen given the fact that some of the heavyweights like Apple have underperformed in 2024. So far, Apple has seen a couple of analyst downgrades that have come in. Talking about oil prices, brent futures continued its softness. Yesterday it closed near the $77.5 a barrel mark. Now this was an account of higher crude inventories that were seen in the US markets coming to the Indian market. Overnight queues are not very confident but Indian markets yesterday managed to outperform. It was a sharp recovery that helped the market. The realty index was to top gaining sector.  Today, the power sector is in focus. Asian markets and indicating a mild soft start for our own markets today.
1/5/20242 minutes, 13 seconds
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1167: Marketbuzz Podcast with Vivek Iyer: GIFT Nifty indicates a slightly muted start for Indian markets today

The New Year started off on a slightly softer note after heavy gains witnessed throughout 2023. Yesterday, the US markets entered the negative territory, NASDAQ down over 1%, and in the red for four straight sessions. Oil prices last evening rose on increasing worries. As far as the Red Sea is concerned, a lot of tankers continue to remain off the Red Sea route given the fact that there continues to be increased militant attacks. Brent futures were higher by 3%, WTI futures too were high by 3.5% in the trading session. The Indian markets yesterday ended in cuts for the second straight day. Nifty 50 however managed to hold on to the 21,500 level in trade. The broader market indices showed relative out performance in the trading session. IT stocks and metal stocks continued to witness selling pressure through the day. GIFT Nifty is indicating a slightly muted start. However, it is not showing the kind of weakness that would have been anticipated, given the weak equity handover that we got from global markets.
1/4/20242 minutes, 26 seconds
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1166: Marketbuzz Podcast with Vivek Iyer: Nifty 50 set for a gap down start today

Asian markets have taken cues from a slightly soft handover from the Wall Street and are witnessing a bit of red. The GIFT Nifty too is indicating a gap down start for the Indian benchmakr indices. After the heavy gains the markets witnessed in 2023, the markets across the world have started 2023 on a cautious note. US markets, in the previous trade session, were quite mixed, with the Dow Jones ending slightly above the flat line and the NASDAQ fell over 1.6%. Yesterday, the European markets too were quite muted. Oil prices fell yesterday despite mounting worries on the Red Sea. In fact, they witnessed a bit of a bump up, but by the end of the session, brent futures fell over 1.5% and WTI Futures were down 1.7%. They now continue to hover around the $70/barrel. The Indian markets ended with cuts on Tuesday after an extremely volatile session. The Nifty Bank index fell over 500 points and the Nifty IT index was another sector that witnessed a significant pullback from recent highs. The Nifty Farmer index on the other hand was a clear outperformer, However, FII buying has resumed with over Rs 1,600 crore of buying in the cash market. Among the key things to watch out for are operational updates by companies such as DMart. The monthly sales volumes of Hero MotoCorp were slightly disappointing, and the markets may react to that..
1/3/20242 minutes, 43 seconds
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1165: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to have a muted opening amid mixed global market cues

While several global markets remained closed for the New Year holiday, India saw a different scenario as trading resumed on the first day of the year. The New York Stock Exchange, the US market, European markets, and various Asian markets were still in holiday mode. In contrast, Indian markets opened for the second trading session of 2024. Despite the early start, market participants noted thin volumes, indicating a cautious approach to the new year's trading. Yesterday, a small sell flow figure was reported, but markets managed to hold on and even made fresh gains. In 2023, the Indian market witnessed significant milestones, with the Nifty, Nifty Bank, mid-cap index, and small-cap index all reaching record highs. Investors are keenly watching to see how these markets will perform in 2024. Notably, on the first trading day of the year, the Nifty hit a fresh record intraday high. However, the second half of the trading session experienced a notable sell-off, primarily centered around auto stocks. The auto sector was in focus as December monthly sales volumes trickled in, with tractor sales disappointing overall. This mixed picture led to varied performances across different segments. The telecom sector, with a focus on companies like Idea, continued to move higher, building on the gains made on the last trading day of 2023. However, the auto sector faced headwinds, with some stocks lagging behind. Analysts suggest that reactions to operational data from companies, particularly in the cement sector, may influence market movements. Investors are advised to keep an eye on how auto stocks respond to market conditions. Global market indicators are pointing towards a slightly muted start for Indian markets today, with a potential gap down opening. This cautious sentiment aligns with the thin volumes observed in the early hours of trading. 
1/2/20242 minutes, 14 seconds
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1164: Marketbuzz Podcast with Sudarshan Kumar: Sensex and Nifty 50, likely to open with a positive bias amid mixed global market cues

As the year end is nearing, global market signals appear mixed for the final trading session. U.S. indices witnessed a flat close following a range-bound session, offering a neutral perspective. However, positive indicators emanate from the crude market, with both Brent and WTI experiencing a 3% overnight dip due to a further easing of tensions in the Red Sea. In the Indian markets, it was yet another day of record-breaking performances, with Sensex, Nifty 50, and Nifty Bank achieving fresh intraday highs. Notably, Nifty breached the 21,800 mark for the first time, underscoring the bullish sentiment. While Sensex approaches the 23,000 milestone, midcaps exhibit a relatively subdued performance, contributing to a market breadth slightly favoring declines with an advance-decline ratio of 3 to 4. Institutional activities reflect continued confidence, with Foreign Investors (FIs) displaying a buying spree despite elevated levels. Yesterday, FIs made purchases amounting to INR 4359 crore, while Domestic Investors (DIs) reported sales of only INR 137 crore. Today's pre-market data for Nifty indicates a modest gain, poised to mark yet another record high. Investors are advised to keep a close eye on auto companies, anticipating reactions ahead of their monthly sales figures. Additionally, oil marketing companies are in focus, driven by two key factors – the recent decline in crude prices and speculations surrounding potential price cuts.
12/29/20231 minute, 53 seconds
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1163: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 likely to maintain its bullish trend on Thursday

On Wednesday, the U.S. stock market experienced a lackluster day with minimal trading volumes, contrasting sharply with India's bullish performance that led to record highs. The U.S. market closed with marginal gains, setting the stage for its ninth consecutive week of positive momentum. Major U.S. indices achieved fresh 52-week highs, registering gains ranging from 0.1% to 0.3%. Conversely, India's market saw another day of record highs, propelled by IT and banking stocks. The Nifty surged past 21,600, while the Nifty Bank reached an unprecedented close, largely attributed to HDFC Bank, contributing nearly 50% to its gains. Despite the upbeat equity movement, Wednesday's market ascent coincided with a notable uptick in India's volatility index, rising 6% to reach its highest level since March. Foreign Institutional Investors (FIIs) played a significant role in this dynamic, with net purchases of nearly ₹3,000 crores, overshadowing the sales figure for Domestic Institutional Investors (DIIs) at ₹200 crores. As the December series approaches its expiry day, the GIF Nifty indicates a potential record high, currently up by more than 70 points. However, the commodities market experienced an opposing trend, with Brent and WTI Crude reversing previous gains and slipping by 2%. Overnight reports suggest that major logistics companies have resumed shipping via the Red Sea. Investors are advised to keep a close eye on stocks linked to Nifty Dividend Opportunities 50 (ND C's) for potential inflows (e.g., Bajaj Finance and HDFC Bank) and outflows (e.g., Adani Enterprises, L&T, and Adani Ports) as the market dynamics continue to evolve.
12/28/20232 minutes, 24 seconds
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1162: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 likely to open higher led by positive global cues

In a positive start to the last week of 2023, the US market witnessed a rise despite low trading volumes. Major averages closed the Tuesday session with gains of half a percent each, and small-cap indices outperformed, recording a gain of more than 1%. The NASDAQ, dominated by tech stocks, hit a record high, while the broad-market index S&P is within striking distance of its record level. Banking heavyweights such as HDFC and Kotak Bank, along with Reliance Industries, played a crucial role in supporting the Nifty, helping it hold levels above 21,400. With Tuesday's gains, front-liners are now 1% away from their record levels earlier in the month. In the commodities market, the energy sector emerged as one of the best performers amid ongoing tensions in the Red Sea. Both Brent and WTI crude oil surged nearly 3% each to hit their highest levels in the last three weeks. Gold also saw an upward move, tracking a lower dollar and 10-year yield, trading just below the $2100 per ounce mark. Sectors to watch include metals, with stocks like Hindalco, Nalco, and Vedanta in focus as aluminum gained more than 3% overnight. Additionally, Adani Group stocks are in the spotlight due to fundraising plans.
12/27/20232 minutes, 22 seconds
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1161: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 eye positive start amid year-end caution

As we step into a new week after the weekend, global markets remain stable, setting the stage for a positive start. The Friday market close reflected a positive trend, with NASDAQ and S&P recording gains. Dow Jones experienced a slight dip, but the small-cap index stood out with a 2.5% surge in the closing hour, finishing at the day's peak. U.S. markets extended their winning streak for the eighth consecutive week, underscoring continued investor confidence. Back home, the Indian market showed resilience amid volatility, particularly in mid and small-cap stocks. The GIF Nifty suggests a positive opening today, although the focus remains on sustainability, given the expected low trading volumes leading up to year-end. In the commodity space, crude oil is navigating a range amidst tensions in the Red Sea, with Brent at around $80 and WTI dynamics near $74 per barrel. Precious metals continue their upward trajectory, with gold touching a record high and approaching $2100 per ounce. In terms of institutional activities, FI net sellers on Friday amounted to INR 2829 crore, while DI net buyers acquired shares worth INR 2167 crore. Looking ahead, key stocks are in focus, including Infosys following the termination of a global deal exceeding $1.5 billion, VIP Industries amidst CEO succession concerns, and liquor stocks gaining traction with the Gujarat government permitting liquor consumption at Gift City. As the week progresses, market participants remain cautious amid year-end uncertainties.
12/26/20232 minutes, 26 seconds
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1160: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open on a cautious note, GIFT Nifty indicates a flat to negative start

In a turnaround, equity markets have displayed a significant recovery after the apprehensions caused by a steep selloff on Wednesday. Both the Indian market, especially post 1 p.m., and the US markets experienced a challenging period during the sell-off. However, Thursday witnessed a substantial rebound in both markets, marking the eighth consecutive week of gains for the US markets. The NASDAQ surged by 1.2%, contributing to the positive trend. Crude oil prices experienced a marginal decline on Thursday, attributed to Angola's decision to exit the OPEC. Brent now hovers below the $80 per barrel mark. In the Indian market, Wednesday's sharp decline prompted a cautious start, but markets rebounded, recovering half of the losses incurred on Wednesday. Notably, heavyweight banks such as HDFC Bank and SBI played a pivotal role in aiding the recovery, emerging as top gainers. The mid-cap and small-cap indices also showcased a robust recovery, posting gains of over 1% in just two days. Furthermore, diagnostic companies stood out among the top performer. The overall positive sentiment in global markets, as indicated by Asian markets and the GIFT NIFTY, suggests a favorable outlook for Indian markets in the coming sessions.
12/22/20231 minute, 53 seconds
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1159: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set for muted open after steep drop

Indian benchmark indices, Sensex and Nifty 50, are likely to open flat on December 21 after closing a percent lower in the previous session, which led to the worst session in nine months. India's GIFT Nifty was trading at 21,143 as of 8:15 am, indicating the NSE Nifty 50 is likely to open near its previous close of 21,150.15. In the previous session, the Nifty and BSE Sensex shed 1.41% and 1.30%, respectively, as selling pressure emerged across public sector banks, information technology, energy and metal stocks after a recent rally. Despite the fall, however, the Nifty is still up 5.05% in December so far, and is likely to post its second-best month in 2023. On the global front, Asian shares opened lower after a drop in Wall Street equities overnight ahead of US third quarter growth data on December 21 and a key inflation reading on December 22. Stocks to track in the domestic market include Cochin Shipyard, Mazagon Dock Shipbuilders, Zee Entertainment Enterprises and Astrazeneca Pharma India. Tune in to the Market Podcast for more cues
12/21/20233 minutes, 48 seconds
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1158: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set to open flat as global rally cools

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a flat opening on December 19, as the global rally triggered by hopes of US interest rate cuts in 2024 has slowed down. India's GIFT Nifty was down 0.04% from its overnight close at 21,478 as of 8:09 am IST, indicating the Nifty 50 is likely to open around its December 18 close of 21,418.65. The Nifty and Sensex declined in the previous session after rallying to record highs for most of this month. So far in December, the Nifty has risen 6.38% and is on course for its best month since July 2022. Meanwhile, in the overnight session, Wall Street equities closed marginally higher. In morning trade, Asian shares steadied as traders' focus turned on Japan's central bank and whether it might edge further away from its ultra-easy monetary policy. Oil prices rose for a second session, as attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade. Stocks to watch: Vedanta, Sun Pharma, PSU Banks, OMCs, Devyani International, PNC Infra, Kaynes Tech and more Tune in to the Marketbuzz Podcast for more cues
12/19/20233 minutes, 51 seconds
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1157: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely headed for flat start after record rally

Indian benchmark indices, Sensex and Nifty 50, are likely to make a subdued start on December 18, after record breaking rally across equity markets worldwide. The handover has been strong from the US markets. However, Asian markets were subdued ahead of Japan's monetary policy decision later in the day, indicating a flat start for the Indian market. India's GIFT Nifty was up 0.15% from its overnight close at 21,487 as of 8:15 a.m. IST, indicating that the Nifty 50 is likely to open around its Friday closing level of 21,456.65. The Nifty and Sensex have gained about 6.6% so far this month, and are on course to their best monthly performance in 2023, with the Nifty closing at record highs in nine of 11 sessions. Besides the easing global interest rate outlook, the rally has been driven by the Reserve Bank of India raising its fiscal 2024 growth forecast, return of foreign inflows, sustained domestic inflows, and moderation in oil prices. Stocks to watch: Tata Power, Mazagon Dock Shipbuilders, PB Fintech, Zee Entertainment Enterprises among others Tune in to the Marketbuzz Podcast for more cues 
12/18/20231 minute, 56 seconds
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1156: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set for new highs, as Fed-driven global rally extends

Indian benchmark indices, Sensex and Nifty 50, are set to scale new highs on December 15 after a continued massive rally in global stocks on elevated bets of a U.S. rate cut by March 2024 after the Federal Reserve's policy meeting earlier this week. India's GIFT Nifty was down 0.10% from its overnight close at 21,420.50, as of 8:14 a.m. IST, indicating that the Nifty 50 will open higher than its Thursday closing level of 21,182.70.
12/15/20231 minute, 44 seconds
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1155: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to surge as Fed decision triggers global rally

Indian benchmark indices, Sensex and Nifty 50, are likely to scale new highs in the trading session of December 14, tracking global peers. The rally shall come after the US Federal Reserve flagged the end of its tightening cycle and struck a dovish tone on the interest rate outlook. India's GIFT Nifty was down 0.07% from its previous close at 21,227.50, as of 8:10 a.m., which implies the Nifty 50 will open higher than its last closing level of 20,926.35. In the overnight session, Wall Street equities surged with the Dow Jones Industrial Average gaining 1.4% to notch a record closing high. Asian stocks too followed US market shares and broadly rallied in morning trade on December 14. In the commodity space, oil prices rose in early Asian trade with Brent futures hovering around the $74 a barrel mark. The movements come after the Fed last night acknowledged that it is making "real progress" in easing inflation on the US, while maintaining a rate pause and adding that hikes were "not the base case anymore". Chair Jerome Powell said the Fed is aware of the risks of keeping rates higher for too long and lowering them too late, at a press conference after the policy decision, bolstering expectations of a rate cut in early 2024. Stocks to track in the domestic market: State Bank of India, NBCC, RBL Bank, Biocon, IndiGo and more Tune in to the Marketbuzz Podcast for more cues
12/14/20231 minute, 35 seconds
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1154: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open higher, all eyes on Fed policy

Nifty 50 and Sensex are set to open higher on December 13 as the focus turns to the US Federal Reserve's policy decision, while domestic and US, data re-ignited inflation concerns and elevated bets of delay in rate cuts. India's GIFT Nifty was down 0.02% from its overnight close at 21,067, as of 8:15 am, indicating that the Nifty 50 will open higher than its Tuesday closing level of 20,906.40. In the overnight session, US markets saw the fourth session of gains. Crude prices, meanwhile, saw significant cuts with Brent futures hovering around $73 a barrel mark. Meanwhile, back home, the domestic market gradually corrected throughout the previous trading session. Today, the primary market will see two IPOs, both looking to raise close to Rs1200 crore –  IndiaShelter Finance and Doms Industries. Tune in to Marketbuzz Podcast for more cues
12/13/20232 minutes, 22 seconds
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1153: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to open higher, Infosys and Sun Pharma in focus

India's benchmark indices, Sensex and Nifty 50, are set to open higher on December 12, tracking the rise in Asian peers ahead of a crucial inflation data and the US Federal Reserve policy decision. India's GIFT Nifty was little changed from its overnight close at 21,140.50, as of 8:05 a.m. IST, indicating that the Nifty 50 will open higher than its Monday closing of 20,997.10. Globally, all three major Wall Street indexes posted their new 2023 closing highs in the overnight session, ahead of key economic data and Fed monetary policy decision. Asian markets rose in morning trade. Stocks to watch: Dixon Technologies, SpiceJet, Mankind Pharma, Infosys, Sun Pharma Tune in to the Marketbuzz Podcast for more
12/12/20231 minute, 54 seconds
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1152: Marketbuzz Podcast with Ekta Batra: Nifty 50, Sensex set to open at a new record high, Tata Motors, Wipro in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open at fresh all-time highs on December 11, following the biggest weekly gain in more than a year the previous week. All of the front line indices hit record highs on December 8. The Nifty 50 hit 21,000 for the first time ever. India's GIFT Nifty was down 0.02% from its overnight close at 21,073 as of 8:12 am this morning, indicating that the Nifty 50 will open higher than the December 8 close of 20,969.40. The ongoing rally is supported by strong macroeconomic data, a drop in crude oil prices, favourable global interest rate outlook, return of foreign inflows and sustained inflows from domestic mutual fund investors. Meanwhile, the Indian IPO landscape is gearing up for a busy week ahead with three companies, including Doms Industries, India Shelter Finance, and Inox India, set to launch in the primary market. Globally, Wall Street equities and US Treasury yields rose on December 8 after data showed that jobs growth accelerated in November. Chinese inflation data, on the other hand, was a bit disappointing. The European Central Bank, Bank of England, Norges Bank and the Swiss National Bank will also announce their monetary policy decision this week. Asian markets opened lower, dragged by data from China indicating deflationary pressure in the world's second largest economy. Stocks to track: Zomato, Tata Motors, Wipro, SpiceJet Tune in to Marketbuzz Podcast for more cues
12/11/20232 minutes, 33 seconds
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1151: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open in the green, all eyes on RBI policy decision

Indian benchmark indices, Sensex and Nifty 50, are set to open higher on December 8 ahead of the Reserve Bank of India's (RBI) monetary policy decision, where the central bank is likely to keep key rates unchanged for the fifth consecutive time. India's GIFT Nifty this morning indicated that the Nifty 50 will open higher than its previous close of 20,901.15. The RBI's rate decision will be announced at 10:00 am. Key stocks to watch: Zomato, Titagarh Rail, and Five-Star Business Finance among others Tune in to Marketbuzz Podcast for more cues
12/8/20232 minutes, 27 seconds
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1150: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open at all-time highs, Paytm, IDFC first Bank in focus

As CNBC-TV18 celebrates 25 years of excellence, Indian markets continue to trade near lifetime highs. Benchmark indices are set to open at fresh record highs for a fourth session in a row on December 7.  India's GIFT Nifty was down 0.14% from its overnight close at 21,030.50 as of 8:25 a.m. IST, above the Nifty 50's Wednesday's record close of 20,937.70, indicating a positive open. This comes at a time after US economic data kept intact the expectations of the US Federal Reserve rate cut by March 2024 and as oil prices dropped. In the overnight session, Wall Street equities extended losses for a third session as the rally faded after posting their best month in 2023 in November, while US Treasury yields fell as data showed a lower-than-expected rise in private payrolls in November. Oil prices fell to a six-month low of $74.11 per barrel on Wednesday as high US crude output and gasoline inventories added to concerns over global fuel demand Back home in the Indian market, the stellar rally continued. The Nifty 50 has risen 5.77%, over the last seven sessions and is at record high levels. The index is the most overbought in over two years, boosted by favourable macroeconomic data and liquidity. Interestingly, fertiliser and sugar stocks were in focus. Stocks to watch: Paytm, M&M, IDFC First Bank Tune in to Marketbuzz Podcast for more cues
12/7/20231 minute, 58 seconds
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1149: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open at record highs

Indian benchmark indices, Sensex and Nifty 50, are set to scale record highs at open in the trading session of December 6, continuing the stellar rally this week post the election results.  India's GIFT Nifty was up 0.15% from its overnight close at 21,036.50 as of 8:20 am, above the Nifty 50's December 5 record close of 20,855.10, indicating a positive open. The market is eyeing a very strong domestic setup after the Nifty, Nifty Bank, midcap and small cap indices —  all closing at fresh record highs in the previous session. In fact, the midcap and smallcap indices have continued their stellar rally without a negative close for over 15 sessions. In terms of overnight cues, the US markets saw mixed closes with softness continuing for the second straight session. The NASDAQ was the only index that closed above the flat line. Crude oil prices continued to give good news. The oil price has now slipped to a five-month low. Brent futures were near the $77 a barrel mark. A fall in crude prices is positive for importers of the commodity like India and its oil marketing companies Meanwhile, in the domestic market, the Nifty Bank saw a bit of underperformance the entire year but that ended in the last two trading sessions. Stocks to watch: State Bank of India, Power Grid Corporation of India, Sun Pharmaceutical Industries, Adani Group companies Tune in to the Marketbuzz Podcast for more cues
12/6/20231 minute, 55 seconds
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1148: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open flat, GIFT Nifty signals a negative start

In the wake of a historic trading session, all frontline indexes reached unprecedented heights, marking a momentous occasion for the financial markets. Bank Nifty, notably, not only cleared its underperformance but also achieved a fresh record high, reflecting a positive turn of events. However, global markets experienced a slight setback, with U.S. markets exhibiting a pullback after five consecutive weeks of gains. The NASDAQ bore the brunt of this, witnessing a 0.8% decline. On a brighter note, crude oil prices saw a decrease, with Brent futures trading around half a percent lower, hovering near the $78 per barrel mark. In the Indian markets, the standout performers were oil and gas stocks, banking stocks, and capital goods measures, contributing to the overall robust performance. Meanwhile, the Pharma and Media sectors underperformed. Looking ahead, investors are keenly watching the Services PMI data expected today and await the Reserve Bank of India's policy meet outcome verdict scheduled for December 8th. The current positive sentiment in Indian markets is attributed to the clear verdict from state election polls. As the day unfolds, market participants are eager to see if the rally will persist, especially with expectations of a flat start influenced by both Asian markets and the GIFT  NIFTY.
12/5/20231 minute, 43 seconds
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1147: Marketbuzz Podcast with Vivek Iyer: Indices likely to open on a positive note following BJP's win, Mizoram counting to be in focus

As we step into the final month of the year, global equity markets have defied concerns and reached new heights. In a notable global context, the S&P 500 hit a fresh 2023 high on Friday, and all US indexes closed with gains. Simultaneously, crude oil prices softened, with futures trading over 2.5% lower, hovering near the $78 per barrel mark. However, stealing the spotlight is the Indian equity market, which emerged as a standout performer in the past week, outpacing its regional counterparts with a gain of over 2%. The Nifty marked its fifth consecutive week of positive returns. Particularly noteworthy is the midcap segment, which extended its winning streak to 15 consecutive sessions, achieving record highs throughout. Key events shaping the market sentiment include the BJP's resounding victories in Madhya Pradesh and Rajasthan, surpassing even the most optimistic exit poll predictions. This political development has injected a strong positive sentiment into the market. Looking ahead, the Indian market anticipates a positive start, with the Nifty expected to make significant moves at the opening. Important cues, including Mizoram counting data, will influence trading today. Additionally, market participants are eagerly awaiting the policy meet outcome on December 8. While Asian markets exhibit mixed signals, the Indian market's strong gap opening sparks anticipation about its sustainability throughout the morning. Investors are keenly observing these developments, indicating an optimistic outlook for the Indian market in the coming days.
12/4/20232 minutes, 6 seconds
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1146: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 Sensex and Nifty 50, to open on a positive note amid mixed global cues

In a significant turn of events, the Nifty index marked a milestone by closing above the 20,100 level, reflecting positive sentiments in the Indian stock market. However, the Nifty Bank witnessed a halt in its four-day gaining streak, while midcap stocks continued their remarkable rally, reaching record highs for the 20th consecutive session. The financial inflow landscape saw substantial foreign institutional investment (FII), with a net purchase of a hefty ₹8,147 crores. On the other side, the domestic institutional investors (DII) recorded a net sale of approximately ₹780 crores. It's worth noting that these flow dynamics may have been influenced by the MSCI rebalancing, which took effect yesterday. Turning the focus to domestic factors, the macroeconomic indicators have been highly supportive. The recently released Q2 FY 524 GDP data surpassed expectations, standing at an impressive 7.6% compared to the estimated 7.03%. This growth rate represents a significant increase from the previous year, with the GDP now standing at 7.6%, up from 6.2% on a year-on-year basis. Additionally, the core sector data exhibited strength, recording a month-on-month growth of 12.1%, outpacing the earlier figure of 9.2%. The fiscal deficit for October showed a decline on a year-to-year basis, adding another positive dimension to the overall economic outlook. On the global front, the United States markets ended on a positive note, with the Dow reaching a new high for the year. Meanwhile, oil prices remained stable around $82 per barrel, and Asian markets exhibited mixed trends. The Gift Nifty's positive indication points towards a promising start for the upcoming trading sessions. Looking ahead, market participants eagerly await the results of exit polls conducted yesterday, with election results expected on Sunday. These outcomes are likely to drive a more definitive market reaction come Monday. Additionally, high-frequency indicators, such as auto sales for November, will provide insights into the real-world implications of the GDP data, particularly in the manufacturing sector. Investors are advised to keep a close eye on the global manufacturing PMI for India, which is set to be released today, along with developments in the banking sector and business momentum. Notably, Flare Writing's upcoming listing is anticipated, considering the strong subscription rate of 46.68 times during its IPO.
12/1/20232 minutes, 41 seconds
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1145: Marketbuzz Podcast with Reema Tendulkar: Nifty 50 eyes 20,000, Zomato in focus

Indian benchmark indices, Sensex and Nifty 50, are set to open higher on November 29, tracking a rise in Asian and US peers. This came against the backdrop of dovish commentary from a US Federal Reserve official elevated bets of rate cuts by as early as March 2024. India's GIFT Nifty was up 0.31% at 20,029.50 as of 7:58 am IST, above the benchmark Nifty 50's previous close of 19,889.70. In the November 29 trading session, the Nifty may hit or cross the 20,000-mark and breach its all time high levels. In the previous session it crossed the 19,900-mark, just about 1.65% away from record levels. In November, the market has gained 4.25% while the mid cap index has risen 8.75%. Globally, Wall Street equities rose overnight after Fed governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down. Key stocks to track: Zomato, Siemens, Phillips Carbon Black, Tata Power and more Tune in to Marketbuzz Podcast for more
11/29/20234 minutes, 2 seconds
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1144: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 headed for gap-up opening, Maruti, Paytm in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to start the trading session of November 28 in the green, after Asian stocks edged higher in morning trade. In the previous session, the domestic market ended flat with the Nifty 50 closing below 19,800. All markets have been consolidating for the past few sessions. There has been an absence of major events, moreover, an extended weekend likely kept the range bound momentum. This week, the market might pick up with the GDP data from both the US and India due later this week. In the overnight session, US’ Wall Street witnessed a quiet close. Asian stocks edged higher in morning trade while the dollar was at its lowest in three months as investors remained convinced the Federal Reserve was done with its rate-hike cycle and looked ahead to a crucial inflation report later this week. The market will continue to watch out for crude prices that saw some correction with the commodity trading between $79 to $80 per barrel, ahead of the OPEC meeting. The GIFT Nifty indicated a bit of a quiet start with a positive bias. Meanwhile, the Finance Ministry and Reserve Bank of India (RBI) officials are set to meet banks, and payment aggregators later in the day over cyber frauds, sources earlier told CNBC-TV18. The meeting will be chaired by the DFS Secretary. Stocks to watch: Maruti Suzuki, Paytm, Eicher Motors, HDFC Bank, Fortis Healthcare, Raymond, PB Fintech among others Tune in to the Marketbuzz Podcast for more cues
11/28/20231 minute, 54 seconds
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1143: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open with a gain as global cues improve

In the wake of a subdued trading session that left markets virtually unchanged, investors are gearing up for a quiet start today, with early indicators suggesting a minimal opening shift. The previous day concluded with markets moving within a narrow range of approximately 70-80 points. Notably, U.S. markets remained closed yesterday in observance of Thanksgiving and will witness an early closure today, translating to a truncated half-day of trading. This factor is expected to influence global sentiments, including Asian markets. However, the spotlight is currently on Japan's economic performance, specifically the announcement of a 2.9% core inflation rate for October, surpassing the 2.8% recorded in September. In terms of market flows, both foreign and domestic investors were net buyers in the cash market, setting the tone for today's proceedings. Investors are also keeping a keen eye on the Tata Tech IPO, with subscription rates nearing 15 times, and the Adani group, particularly Adani Enterprises, as the Supreme Court is set to hear the Adani Hindenburg case today. Pharmaceutical stocks, are attracting attention due to a tentative U.S. FDA approval for canagliflozin tablets.  Other stocks under scrutiny include Siemens, facing a service tax demand of 23.7, and Indian Hotels, where sources indicate a data breach compromising the information of nearly 15 lakh users in Taj hotels. In the energy sector, NMDC has announced the pricing of its QIP size ₹1000 crore issue at ₹5264 per share, representing a 7.4% discount to the closing price. As the market prepares for the final trading session of the week, investors are advised to monitor these developments closely. Furthermore, with Indian markets closed on Monday, anticipation is building for a dynamic end to the trading week.
11/24/20232 minutes, 44 seconds
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1142: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 to start in green, Mamaearth, TVS Motor in focus

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a mildly positive start in the trading session of November 23, as indicated by the GIFT Nifty. Asian shares were in morning trade with markets holding onto their gains for the week as confidence grows that interest rates globally will head lower next year, while oil prices fell on the prospects for smaller-than-expected output cuts by OPEC+. Oil prices fell by more than 1% this morning, extending losses from the previous session, after OPEC+ postponed a ministerial meeting, leading to speculation that producers might cut output less than earlier anticipated. Brent futures were down $1.04, or 1.3%, at $80.92 a barrel. Meanwhile, in the Indian market, Nifty 50 managed to recover 100 points from the day's low closer to 19,700. This morning, the GIFT Nifty suggests a start above 19,800. Four new ipos opened up for subscription in the previous session Stocks to track: Honasa Consumer, TVS Motors, Bajaj Auto, Infosys, IndiGo and more Tune in to the Marketbuzz Podcast for more cues
11/23/20233 minutes, 6 seconds
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1141: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open with minor gains

The GIFT NIFTY is indicating a calm opening for today's trading session, influenced by the mild cuts observed in US markets. The Dow and the S&P 500 experienced a slight downturn of about 0.2%, while the NASDAQ faced a 0.6% dip. Notably, the trading range in the Indian markets has been contracting, with the Nifty trading within a band of just 75 points yesterday, ranging from 19,754 to 19,829. This narrowing trend is evident when comparing recent days; the Nifty's range was 86 points the day before and 138 points last week on Friday. This trend reflects a consolidation phase in the market. Investors should keep a close eye on Tata Consultancy Services (TCS) as the company is set to make an exceptional provision of $125 million in its Q3 earnings related to a lawsuit dating back to 2014. This provision will impact the stock performance. Additionally, Tata Steel is planning to raise ₹7,550 crore through a Qualified Institutional Placement (QIP) with an indicative price of ₹1,29.1, offering a 13.4% discount to the current market price. Another stock of interest is Titan Company Limited, as the Competition Commission of India has approved the acquisition of an additional 27.2% share capital of Carrick Lane by Titan. Lastly, Allcargo Logistics may attract attention due to lower year-on-year and month-to-month volumes observed in October. These factors will likely contribute to the market's opening dynamics, shaping the early trading sessions. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
11/22/20232 minutes, 32 seconds
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1140: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open higher, financials, ABB India in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open higher on November 21, tracking global peers, amid expectations that US interest rates have peaked. India's GIFT Nifty was up 0.31% at 19,803 as of 8:14 am, above the benchmark Nifty 50's November 20 close of 19,694. The previous session was a range bound one but the mid cap index hit a record high crossing 42,000. Though Bank Nifty was flat, financials will continue to be in focus as the Reserve Bank of India (RBI) has tightened norms for consumer credit. Meanwhile, Brent crude is at around $82 per barrel, which would be a slight negative for the year in markets. In terms of the global setup, the US market continued to gain with the NASDAQ hitting a 22-month high. Microsoft was in focus after hitting a fresh 52 week high. This is after Sam Altman has been announced to lead a new AI team at Microsoft. Asian markets too traded largely higher in morning trade. Also, Federal Open Market Committee (FOMC) minutes will be watched out for later in the day. Stocks to watch: ABB India, Titagarh Rail Systems, HDFC Life Insurance, Karnataka Bank, Tata Power and more  Tune in to the Marketbuzz Podcast for more cues
11/21/20232 minutes, 33 seconds
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1139: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 are likely to open in green, financial stocks in focus

Indian benchmark indices, Sensex and Nifty 50, are poised to open relatively flat yet leaning towards a positive trajectory on November 17. This optimistic outlook is fueled by expectations of the US Federal Reserve concluding rate hikes and a decline in crude oil prices. However, the significant volatility that the market saw in the previous session is likely to extend on November 17 as well. Notably, the focus will be on financial stocks — both banking and non-banking sectors. This follows the Reserve Bank of India's move to tighten norms for consumer credit, urging banks and NBFCs to assign a higher risk weight for unsecured personal loans. This strategic measure aims to instill a sense of caution among lenders regarding such advances, with a 25 percentage point increase in risk weight on unsecured consumer loans. Meanwhile, the overnight session on Wall Street concluded with US indices displaying a mixed performance, largely near the flat line. As far as the Indian economy is concerned, crude prices have seen a further sharp correction. Crude prices were hovering around the $95 per barrel mark a few months ago. However, in the previous session, there was a 5% dip, bringing Brent futures to approximately $77 per barrel in morning trade. Stocks like TVS Motor Company, Axis Bank, JSW Infrastructure, JSW Steel, and other financial stocks will be in focus. Tune in to the Marketbuzz Podcast for more cues
11/17/20232 minutes, 45 seconds
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1138: Marketbuzz Podcast with Vivek Iyer: Nifty 50 eyes 19,700, TCS and Dabur in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to make a flat opening with an inclination towards the positive trend on November 16. GIFT Nifty was up 0.17% at 19,751.50 as of 8:13 am IST, compared to the benchmark Nifty 50's previous close of 19,675.45. After a gap up opening in the previous session, Indian markets sustained all gains and ended closer to the day's highest point, with all sectoral indices ending in green. Rupee and rate sensitives were at the fore of the market rally. In the overnight session on Wall Street, the Dow Jones continued its up move for the fourth session and closed high by almost half a percent. The S & P 500 and NASDAQ closed above the flat line. Along with that, there’s some positive news, especially in terms of crude oil prices which actually softened for the industry's trading session. Brent futures traded closer to the $81.1 a barrel mark. Asian markets indicated a mixed start this morning, given a certain amount of profit booking that’s been emerging after the recent rally. Stocks in focus: Bajaj Finance, UCO Bank, Tata Consultancy Services, Rategain Travel, and Dabur Tune in to the Marketbuzz Podcast for more cues
11/16/20232 minutes, 28 seconds
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1137: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 headed for strong start tracking global peers

Following a market holiday, Indian benchmark indices, Sensex and Nifty 50, are poised for a higher opening on November 15, propelled by a surge in global stocks. The surge is attributed to the softer-than-expected US inflation data, which has sparked optimism regarding a potential conclusion to the interest rate-hiking cycle in the world's largest economy. As of 7:59 a.m. IST today, India's GIFT Nifty was up 0.89%, reaching 19,731.50, approximately 300 points above the Nifty 50's closing figure on November 13. In the overnight Wall Street session, US equities climbed higher with the Nasdaq Composite index recording a 2.4% increase, marking its most robust performance in over six months. This upswing came after the US consumer price inflation (CPI) remained unchanged in October, a first in more than a year, following a 0.4% uptick in September. Simultaneously, early Asian trade witnessed a rise in oil prices attributed to escalating tensions in West Asia and a weakened dollar. Investors closely monitored inventory data following a two-week delay in reporting, with Brent futures maintaining levels around $82.5 per barrel. In the preceding session, Indian markets concluded with losses, although broader markets outperformed the benchmark indices. The overall market breadth, however, favoured declines. Goldman Sachs has upgraded its rating on Indian equities to the 'overweight' category. Additionally, MSCI released a list of stocks included in the global standard index. Key stocks to track include Biocon, IDFC First Bank, Rail Vikas Nigam, and Grasim Industries. Tune in to the Marketbuzz Podcast for more
11/15/20232 minutes, 6 seconds
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1136: Marketbuzz Podcast with Vivek Iyer: Nifty 50 eyes 19,600, LIC, Eicher Motors in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to open the trading session of November 13 in green, a day after Samvat 2080 started on a strong note. On the day of Diwali Muhurat trading on November 12, Nifty 50 ended nearly 100 points higher at 19,523 and Sensex closed 350 points higher at 65,250. For the Nifty, 19,500-level was the level that the index managed to cross on the upside and that is now a key level to hold as it aims for 19,600. Meanwhile, the US markets ratings agency Moody's has downgraded the US credit rating outlook and thus, a certain amount of negative sentiment in US equity indices on November 10. However, for the last two consecutive trading weeks, all of the US indices ended with gains. In some further positive news flow for the domestic market, crude prices fell close to 5% in the week gone by with Brent futures now trading and hovering closer to the $80 a barrel mark. The earnings session has almost reached its final lap with a few more days left when listed companies will report their quarterly results. Grasim Industries and Manappuram Finance are due to report their earnings later in the day. Coal India, ONGC, SAIL, LIC, Biocon and Eicher Motors are among the other stocks in focus. Tune in to the Marketbuzz Podcast for more cues
11/13/20232 minutes, 9 seconds
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1135: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open on a cautious note as Fed’s Powell expresses inflation concerns

In the recent market activity, we observed a range-bound performance with minor fluctuations. The Nifty Bank yesterday closed with a modest gain of around 25 points, while the midcap index rose by approximately 91 points. However, the overall market sentiment saw a dip of 143 points in the Sensex, and the Nifty also struggled to breach the levels around 19,004 to 19,500. In terms of institutional participation, net selling prevailed, with institutions selling over 1,700 crores and buying around 1,500 crores. This suggests that institutions remained net sellers in the market. One significant influence on the global markets was the hawkish comments made by Powell, which affected the US markets. The S&P witnessed a correction, breaking its longest winning streak since 2021, and the Asian markets followed suit. Additionally, oil prices hovered around $79 to $80 per barrel in response to these developments. Despite the Nifty indicating a lower start, macroeconomic factors may provide some support to cushion the market fall. In terms of corporate earnings, several companies, including Biocon, Coal India, ONGC, Tata Motors, Glenmark Pharmaceuticals, and Tata Chemicals, are scheduled to release their results, which will be closely watched by investors. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
11/10/20231 minute, 59 seconds
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1134: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set to open higher, Tata Power, Biocon in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to open in green on November 9, after closing with minor gains in the previous session.   In terms of big cues, oil has slipped further to three month lows below $80 per barrel for Brent crude as demand concerns have mounted. US markets closed marginally higher in the overnight session as stocks like Disney reacted positively to quarterly results. Asian peers also traded in the green in morning trade.  Gift Nifty indicates a positive start for the domestic market.  Amid earnings to track are Mahindra and Mahindra, Adani Ports, Apollo Hospital, Ashok Leyland, ABB India and more. Tata Power shares will also be in focus as several analysts have given it a 'sell' call amid collapse in Indo coal profits. Tune in to Marketbuzz Podcast for more cues
11/9/20231 minute, 38 seconds
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1133: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in green, IndiGo, IRCTC in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to start the trading session of November 8 in the green, after ending with minor cuts in the previous session. In morning trade, Brent crude fell around 4.2% or $3.57 in absolute terms to the lowest price since July. It is a positive for the Indian markets because the country is a net importer of crude. Stocks in Asia this morning rose after a rally in Big Tech pushed US stocks to their longest streak of gains in two years, with investors shrugging off the latest attempts from Federal Reserve speakers to tone down Wall Street’s optimism. In the domestic market, Bata India, Lupin, Multi Commodity Exchange of India, Pidilite Industries, Power Finance Corporation, Tata Power Company, and United Spirits among others will report their quarterly earnings later in the day. Among other stocks to track are IndiGo, Power Grid, Shree Cement, IRCTC, and Apollo Tyres Tune in to the Marketbuzz Podcast for more cues
11/8/20231 minute, 54 seconds
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1132: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open lower, Nykaa, HPCL in focus

The Indian benchmark indices, Sensex and Nifty 50, are poised for a gap-down opening on November 7, following a festive mood in the previous session. On November 6, the domestic market saw a third consecutive day of gains, with Nifty 50 reaching a two-week high. Foreign institutional investors (FIIs) offloaded approximately Rs 549 crore, while domestic institutional investors (DIIs) purchased around Rs 595.7 crore. Asian stocks snapped a three-day winning streak in morning trade, slipping as the bond market's rally paused and investors reined in enthusiasm about a possible peak in global interest rates. In contrast, on Wall Street, the Nasdaq extended its winning streak for a seventh consecutive session, marking its longest such streak since January. However, the gain was modest at 0.3%, indicating a slight loss of momentum. S&P 500 futures and European futures both declined by 0.2%. Oil prices retraced most of their gains from the previous day due to concerns about weak demand in China. Investors are closely monitoring trade data scheduled for later in the day to assess demand from the world's second-largest oil consumer. Key stocks to watch in the domestic market include Nykaa, Gland Pharma, Bajaj Finance, IRCTC, Power Grid, and more. Tune in to the Marketbuzz Podcast for more cues
11/7/20231 minute, 58 seconds
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1131: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to continue gaining streak on global cues

Indian benchmark indices — Sensex and Nifty 50 — are likely to open in green on November 6, building upon the positive momentum from the previous week. In the preceding session, the market closed at a one-week high, with the Nifty 50 displaying a robust rally of approximately 2% from its lows on October 26. At 8:00 am IST, India's GIFT Nifty was up by 0.84%, reaching 19,451, which is more than 200 points above the benchmark Nifty 50's closing figure of 19,230.60 on November 3. In the global context, the previous session witnessed a surge in Wall Street equities, while US 10-year Treasury yields dipped to their lowest point in five weeks. This occurred after data revealed that US job growth in October was slower than anticipated. The Federal Reserve's decision to pause rates on November 1 had ignited a global market rally. On November 3, Asian markets made significant gains during morning trade, with the MSCI Asia ex-Japan index showing a substantial increase of nearly 1.5%. Japan's Nikkei also climbed by 2.48% to reach 32,793.74, marking its highest level since September 21. Meanwhile, oil prices experienced a slight uptick, as top exporters Saudi Arabia and Russia announced their commitment to maintaining extra voluntary oil output cuts until the end of the year, effectively tightening the supply. Investors remained vigilant for the possibility of stricter U.S. sanctions on Iranian oil. Brent crude futures rose by 0.5% to $85.30 per barrel by 5:30 am IST. In the domestic market, the quarterly results of companies such as State Bank of India, Bank of Baroda, IndiGo, and Metropolis will be closely monitored by investors. Additionally, Hindustan Petroleum and Bharat Forge are expected to release their earnings reports later in the day. Tune in to the Marketbuzz Podcast for more cues
11/6/20232 minutes, 16 seconds
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1130: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set to rise amid global rally

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher in the trading session of November 3, following global peers as risk appetite has improved across global markets on optimism that the US Federal Reserve may not hike rates again in this cycle. India's GIFT Nifty was up 0.70% at 19,357.50 as of 8:10 a.m. IST, over 200 points above the Nifty 50's Thursday close of 19,133.25. Wall Street equities rallied overnight, with key indexes gaining over 1.5%, while U.S. 10-year Treasury yields fell to a three-week low. Asian markets advanced, with the MSCI Asia ex-Japan index gaining nearly 1%. In the domestic market, Nifty 50 and Sensex witnessed a rebound on November 2. Nifty 50, however, could not cross the 19,200 mark. Now, it remains to be seen if the market will see a gap up opening and get closer to the market resistance levels of 19,250-19,300. Among key stocks to watch is Tata Motors that posted a rise in second-quarter profit on strong JLR sales and pick-up in volumes. Drug maker Lupin has announced the launch of a drug used to control seizures, after receiving approval from the US FDA.  Titan, IndiGo, Zomato, and Crompton Greaves, on the other hand, will report their earnings for the quarter later in the day.  Tune in the Marketbuzz Podcast for more cues
11/3/20232 minutes, 50 seconds
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1129: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to open in green tracking global peers as Fed keeps rates unchanged

Indian benchmark indices — Sensex and Nifty 50 — are likely to open higher on November 2, tracking a rise in global stocks after the U.S. Federal Reserve kept rates unchanged and Chair Jerome Powell hedged on the possible end of the rate hiking cycle. India's GIFT Nifty was up 0.86% at 19,214.50 as of 8:12 a.m. IST, over 200 points above the Nifty 50's Wednesday close of 18,989.15. Wall Street equities rallied overnight, with S&P 500 and Nasdaq Composite adding more than 1% and 1.5%, respectively. Asian markets advanced, with the MSCI Asia ex-Japan index gaining 1.5%. Stocks to watch: Maruti Suzuki, GAIL, Bharat Petroleum Corp, Godrej Consumer Products, Tata Motors Tune in to the Marketbuzz Podcast for more
11/2/20232 minutes, 12 seconds
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1128: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 top open higher, all eyes on earnings, Fed decision

Indian benchmark indices — Sensex and Nifty 50 — are set to open marginally higher in the trading session of November 1, tracking a rise in global stocks ahead of the US Federal Reserve's policy decision. India's GIFT Nifty was down 0.15% at 19,133.50 as of 8:16 am IST, but still above the previous close of 19,079.60. In the overnight session on Wall Street, Dow Jones, the S&P 500 and NASDAQ ended in green. This was ahead of the Fed's policy decision due later on November 1 and US monthly jobs data due on November 3. The FOC decision will be out at around 11:30 pm (India time) is largely expected to be a no rate change policy. Asian markets also rose in morning trade. Brent crude prices further eased down to levels of about $85.5 per barrel. A decline in crude prices is positive for India's economy. In the domestic market, it is a big day for earnings. Larsen & Toubro and Tata Consumer have reported good growth and the stocks are expected to react. Ambuja Cement, Britannia Industries, Godrej Consumer Products, Hero Motocorp, Indraprastha Gas, India Cements, LIC Housing Finance, and Tata Steel are among those that are due to report their earnings later in the day. Tune in to Marketbuzz Podcast for more cues
11/1/20234 minutes, 6 seconds
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1127: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to start in green

Indian benchmark indices — Sensex and Nifty — are likely to open marginally higher in the trading session of October 31, following an overnight rise in equities on Wall Street. Asian markets, meanwhile, were subdued ahead of the Bank of Japan's (BOJ) policy decision. India's GIFT Nifty was down 0.05% at 19,216 as of 7:32 a.m. IST, but still above the Nifty 50's Monday close of 19,140.90. Wall Street equities gained over a percent each overnight, ahead of the US Federal Reserve policy meeting and US monthly jobs data due later this week. Asian markets were muted amid expectations that the BOJ will raise its inflation forecasts and tweak its bond yield control in a higher-for-longer global interest rate scenario. For the domestic market, it seems the market may continue the momentum that it had over the trading session on October 27. In the previous trading session, the Indian market started off lower due to global jitters but recovered all losses led by Reliance Industries and HDFC Bank, among others. Stocks to watch: Tata Motors, Marico, DLF, Oberoi Realty Tune in to the Marketbuzz Podcast for more
10/31/20233 minutes, 36 seconds
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1126: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open higher, Reliance, SBI Card in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to open marginally higher in the trading session of October 30. In the previous session, the domestic market had logged its worst week in over a month. As of 8:06 am, India's GIFT Nifty was trading at 19,092, marking a 0.34% increase from the Nifty 50's closing figure on October 27, which stood at 19,047.25. While the Asian markets exhibited a subdued performance, it was partially attributed to the ongoing conflict in the Middle East. On the global front, Wall Street witnessed a decline in equities during the previous session, with data revealing that US inflation had remained at elevated levels throughout September. Among stocks to track in the domestic market, investors await market reaction to the quarterly results of Reliance Industries. The oil-to-telecom conglomerate posted a weaker-than-expected quarterly profit, as a slide in revenue from fuel sales hurt its mainstay oil-to-chemicals business. Additionally, foreign institutional investors (FIIs) were net sellers of shares worth Rs 15 billion on October 27, while domestic institutional investors (DIIs) made net purchases of shares worth Rs 3.14 billion. Some of the key stocks to monitor include Dr. Reddy’s, SBI Card, Bharat Petroleum, and Mahindra & Mahindra Financial Services. Tune in to the Marketbuzz Podcast for more cues
10/30/20233 minutes, 26 seconds
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1125: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open higher, Reliance in focus

Indian benchmark indices — Sensex and Nifty 50 —  are set to open higher on October 27, after logging losses over the last six sessions as US treasury yields retreated following weaker-than-expected inflation data. India's GIFT Nifty was up 0.42% at 18,991.50 as of 8:11 a.m. IST, more than 100 points above the Nifty 50's Thursday close of 18,857.25. The Nifty 50 and Sensex have lost nearly 5% each over the last six sessions, settling at near four-month lows on October 26. This week, the Nifty is down 3.51%, on course for the worst week in 16 months. Asian markets rose in morning trade, with the MSCI Asia ex-Japan index adding 0.8%. Wall Street, meanwhile, equities closed lower overnight on mixed economic data and weak earnings. Brent crude futures hovered around $88.50 per barrel, after sliding in the previous session. Crude prices have been volatile since the Israel-Hamas clashes began. Brent Crude rose from $84.50 on Oct. 6 to $93 per barrel on October 20, before easing over the last week. Stocks to watch: Reliance Industries, Cipla, Dr Reddy's Laboratories, Maruti Suzuki India, SBI Life Insurance, Bajaj Finserv. Tune in to Marketbuzz Podcast for more cues
10/27/20232 minutes, 21 seconds
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1124: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open lower, tracking weak global peers

Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower on October 26, following weak cues from global peers. Stocks on Wall Street witnessed a sharp sell-off with the NASDAQ bearing the brunt of the selling pressure. It fell over 2.4% with Alphabet and Meta stocks were the key drags. Meanwhile, the key bugbear for Indian markets that is crude oil prices went up significantly in the previous session, Brent futures were up over 2.3% and were trading over the $90 per barrel mark this morning. In the Indian market, the Nifty breached the key level of 19,100 level on an intraday basis following which the markets ended lower for the fifth straight session. Nifty Bank has turned negative for 2023. October 26 is the expiry session and the Street is bracing for an extremely volatile session and all indications suggest it will be skewed towards the downside. Stocks to track: Axis Bank, Jubilant Foodworks, Asian Paints, ACC, Canara Bank and more Tune in to the Marketbuzz Podcast for more 
10/26/20231 minute, 51 seconds
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1123: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely headed for subdued start

Indian benchmark indices — Sensex and Nifty 50 — are likely to start the trading session of October 25 on a muted note, marginally higher, a day after the market was closed on account of Dussehra. The Indian market will track a rebound in global stocks, as US Treasury yields eased and crude oil prices moderated below $90 per barrel. Wall Street equities gained overnight, boosted by strong quarterly results. Asian markets were up a percent this morning aided by China's approval of a trillion-yuan sovereign bond issue as a stimulus to boost its economy. Meanwhile, India's GIFT Nifty was down 0.08% at 19,308, as of 8:20 am IST, but higher than the Nifty 50 close on October 23 of 19,281.75. Among stocks to watch are Tech Mahindra, Axis Bank, and Jubilant Foodworks, which are due to report their earnings for the September 30, 2023 quarter. Other stocks to track include Vedanta, Delta Corp, and Indus Towers. Tune in to Marketbuzz Podcast for more cues
10/25/20232 minutes, 53 seconds
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1122: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open on a cautious note, pharma stocks to be in focus

Global equity markets have been rattled by concerns over rising yields, leading to a significant sell-off and a prevailing risk-averse sentiment. In the United States, all three major stock indexes experienced substantial cuts throughout the week. The NASDAQ bore the brunt of the selling pressure, plummeting by over 1.5%. Crude oil prices, after reaching a two-week high, also saw a slight cooldown, with Brent futures sliding 0.2% to $92.16 a barrel during Friday's trading session. Shifting our focus to the Indian market, several crucial developments are shaping the landscape. The country finds itself in the midst of a hectic earnings season, with results delivering a mixed bag of outcomes. Both the Nifty and Sensex endured a 1% fall, further compounded by mid-cap stocks underperforming significantly. This downturn in the mid-cap segment set a bearish tone and tilted market breadth in favor of declines. Notably, FMCG stocks such as ITC and HUL underperformed after their results disappointed investors. Additionally, city gas distribution companies like IGL and MGL faced substantial underperformance amid growing concerns about new developments. Over the weekend, two prominent banks, Kotak Mahindra Bank and ICICI Bank, released their earnings reports. Kotak Bank, in particular, announced the appointment of a new CEO, a development poised to influence market sentiment. Today, investors are keeping a close watch on pharmaceutical companies and Asian markets, as these factors are likely to influence the course of our own markets. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
10/23/20232 minutes, 23 seconds
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1121: Marketbuzz Podcast with Ekta Batra: Nifty 50, Sensex likely to open in the red, tracking global cues

The markets on Thursday, October 19, did recover from lows, but closed in the red, for the second consecutive trading session. Foreign institutional investors net sold around ₹1,093 crore, while domestic institutional investors net bought around ₹736 crore. So, net net institutions were sellers in Thursday's trade. US Fed ChairJerome Powell indicated in a speech yesterday that inflation is too high and it's likely to require lower economic growth. The US treasury yields have jumped to 5% which is the highest level since 2007. US markets did close lower on the backdrop of the US Fed chief's comments. Asia is largely in the red and we have crude prices which are above $90 dollars on nagging worries about the Middle East. These cues do not seem seem to be boarding too well for our markets. The GIFT Nifty is indicating a start in the red for the Indian benchmark indices, Nifty 50 and Sensex. In terms of earnings, watch out for reactions from ITC, HUL, United Breweries, among others. Today, Central Bank of India, JSW Steel, Laurus Labs, are among the companies reporting their earnings today. On Saturday, October 21, ICICI Bank and Kotak Mahindra Bank will be reporting their earnings and so the markets will be focused on these as well.
10/20/20232 minutes, 19 seconds
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1120: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 headed for subdued start, HUL, Nestle results in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a gap-down opening in the trading session of October 19, after weakness in IT and financials kept the markets under pressure in the previous session. The domestic market is tracking a selloff in global stocks as worries of escalating tensions in the Middle East triggered volatility in oil prices. India's GIFT Nifty was down 0.11% at 19,572.50 as of 8:07 am. The Nifty 50 closed 0.71% lower on October 18 at 19,671.10. All three major Wall Street indexes lost over 1% after a call for oil embargo on Israel by Iran triggered a spike in crude prices on fears of a spillover of the Israel-Hamas clashes into a wider conflict. Asian markets declined, with the MSCI Asia ex-Japan index falling over 1%. Brent crude futures rose to an intraday high of $93 per barrel on Wednesday, their highest since the beginning of the Middle East conflict. Back home, Wipro, LTIMindtree, IndusInd and Bajaj Auto were among the stocks that reported earnings for the quarter ended September 30, and therefore the stocks are likely to react. Meanwhile, HUL, ITC, Nestle and UltraTech, among others, will post their quarterly results later in the day. Tune in to the podcast for more cues
10/19/20232 minutes, 32 seconds
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1119: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open flat, Wipro, Bajaj Auto in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely headed for a muted opening on October 18, amid intensifying Israel-Palestine conflict and worries of a prolonged high-interest rate regime after better-than-expected US retail sales data. Meanwhile, oil prices are soaring with Brent spiking above $90 per barrel ahead of US President Joe Biden’s visit to Israel later in the day. There has also been a hospital attack in Gaza, which the Street will watch to gauge if there are any kind of larger ramifications. US markets closed on a muted note. US retail sales were up 0.7%, better than estimates and Bank of America and Goldman Sachs earnings were in focus. Asian markets too were largely lower in morning trade and the Gift NIFTY indicated an implied start in the red. Stocks to track: Bajaj Finance, Bajaj Auto, Wipro, Zensar Technologies, LTIMindtree Tune in to Marketbuzz Podcast for more news and cues ahead of the session
10/18/20231 minute, 46 seconds
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1118: Marketbuzz Podcast with Ekta Batra: Nifty 50 looks to hold 19,700, HDFC Bank, Jio Financial in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to start the trading session of October 17 in green with HDFC Bank and Jio Financial in focus a day after the companies reported their September quarter earnings. In the previous session on October 16, the markets ended flat after a range-bound session and the Nifty 50 held on to 19,700. The Nifty bank slipped around 52 points but the broader markets did better with the mid-cap index rising around 70 points. It was a record closing low for the rupee in the previous trading session. Meanwhile, Brent crude has stabilised at around $89 per barrel and the Street is tracking the near-term impact of the Israel-Hamas war and the Venezuela deal on crude prices. In the overnight session on Wall Street, US markets closed higher. Bank of America and Goldman Sachs are due to release their numbers in the session later in the day. Asian equities were trading largely higher in morning trade and the GIFT Nifty indicated a positive start for the domestic Indian market. Stocks to watch: HDFC Bank, Bajaj Finance, Happiest Minds, LTTS Tune in to the Marketbuzz Podcast for more news and cues ahead of the session
10/17/20232 minutes, 19 seconds
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1117: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 headed for subdued opening, DMart, HDFC Bank in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely headed for a muted opening in the trading session of October 16. This follows the market's inability to sustain intraday gains during the previous session on October 13, especially due to a late-hour dip in bank recoveries. Global oil prices have surged by approximately 6% due to heightened geopolitical tensions in Israel. However, on October 16, oil prices experienced a decrease, partially reversing the rally observed on October 13. Investors are on the lookout to determine whether the Israel-Hamas conflict escalates, potentially involving other nations and consequently driving prices higher, which could adversely impact the global economy. Brent futures exhibited a decline of 0.4% to reach $90.55 per barrel, while US West Texas Intermediate (WTI) crude dropped by 41 cents, or 0.5%, to $87.28 a barrel as of 3:18 am. These shifts followed the notable 6% increase in both benchmarks during the previous session, marking their highest daily percentage gains since April, as investors factored in the likelihood of an extended Middle East conflict. In recent developments, Iran issued a warning through a social media post, emphasizing the need to halt what they termed "war crimes and genocide" by Israel, cautioning about potential far-reaching consequences if action is not taken. This warning came after Axios reported that Tehran had conveyed a message via the U.N. to Israel, indicating that any ground offensive in the Hamas-controlled Gaza Strip would elicit a response from Iran. The US market, meanwhile, closed lower on October 13 but was up for the second consecutive week. In morning trade, Asia was largely low and the GIFT Nifty indicated a softer start as earnings continue to be in focus. Avenue Supermarts released its financial results over the weekend, and its stock is likely to exhibit a reaction in response. Furthermore, HDFC Bank, Federal Bank, Bank of Maharashtra, ICICI Securities, and Geo Financial Services are slated to announce their earnings for the July to September quarter later in the day. These companies are all set to release their financial figures today. Tune in to the Marketbuzz Podcast for more news and cues
10/16/20232 minutes, 3 seconds
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1116: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open in red, IT stocks to drag markets lower

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a gap down opening dragged by IT stocks in the trading session of October 13. The cues ahead of the session are very weak as both domestic as well as global markets continue to remain quite muted. In the US, all major market indices closed nearly half a percent lower, and the US 10-year yield has reached 4.68%, following a nearly 0.4% increase in the US CPI data on a month-on-month basis. However, the spotlight remains on the Indian information technology sector. Despite TCS offering an extensive buyback at a price premium to the day's closing price, the stock ended lower due to TCS's weak operating performance. On October 12, Infosys and HCLTech reported results that are likely to disappoint the market today. Both companies revised their guidance for the remainder of the year, leading to a decline in their respective American Depository Receipts (ADRs), with Infosys ADR dropping by over 6% and Wipro ADR ending over 3% lower. Nifty IT has been an outperformer compared to the Nifty 50 in the last three months, the Nifty IT pack has gained over 7.5% while the Nifty is up just around 2%. Infosys, meanwhile, has risen over 6.5% over the past three months but despite the muted Q1 results, the stock saw a significant amount of recovery. Tune in to the Marketbuzz Podcast for more cues and news
10/13/20232 minutes, 31 seconds
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1115: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in green, TCS, Infosys in focus

Indian benchmark — Sensex and Nifty 50 — are likely to start the trading session of October 12 on a positive note with IT stocks like Tata Consultancy Services (TCS), Infosys and HCL Tech in focus. While TCS has posted a muted quarter, analysts suggest a similar earnings report for the other two as well. The spotlight remains on significant deals, mirroring TCS's scenario, expected to drive revenue growth in the latter half of the fiscal year and the subsequent financial year. HDFC AMC is set to release its financial numbers later in the day. Global markets are showing optimism, with attention on the potential pause in US Federal Reserve rate hikes amid geopolitical tensions. Asian shares saw an uptick on October 12, buoyed by more dovish comments from Federal Reserve officials, hinting at a potential peak in US rates. Traders are eagerly awaiting the US consumer inflation report for insights into future monetary policy. Brent crude prices have eased to approximately $85 per barrel. Meanwhile, Indian equities are receiving support, notably from CLSA upgrading India to 'overweight,' a record inflow of over Rs 16,400 crore for Systematic Investment Plans (SIPs) in September, and a reduction in the intensity of selling. On the macroeconomic front, India's retail inflation data is anticipated to soften to around 5.5%, compared to the previous 6.83% on a month-on-month basis. Investors are also keen on the US inflation data scheduled for later in the day. Tune in to Marketbuzz Podcast for more news and cues ahead of the session
10/12/20232 minutes, 20 seconds
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1114: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open in green as global peers gain

Indian benchmark indices — Sensex and Nifty 50 — are likely to open with minor gains on October 11, tracking global peers amid easing US rate concerns and stability in oil prices. In the previous session on October 10, the Nifty 50 closed just shy of 19,700. There was a 0.9% move in Sensex and Nifty 50 while IT caps outperformed with 1.4%. Meanwhile, on Wall Street, the S and P 500 gained half a percent and the Nasdaq rallied 0.7%. This was on the back of the easing of the U.S. 10-year bond deal and oil prices that have remained steady despite the conflict continuing in the Middle East. Oil prices have been steady for the last two days with Brent currently hovering around $88 per barrel. In the domestic market, the level to watch on the Nifty immediately will be the 20-day moving average at 19,769. Among stocks, TCS will be tracked even as its results for the September quarter will be released only post-market. It is likely to be a muted quarter with just 0.8% sequential top-line growth, according to a CNBC-TV18 poll of analysts. The focus will be more on the commentary as the street expects a recovery in the 2024-25 fiscal. Another thing to track would be the buyback that the company said it would consider today. Delta Corp will also announce its quarterly earnings later in the day. Meanwhile, Bank of Baroda has banned the onboarding of new customers on its mobile app, which is to moderate the pace of new customer acquisition to some extent. Also, confirming the CNBC-TV18 newsbreak, MCX has said it will go live with its new platform on October 16. Tune in to the podcast for more news and cues ahead of the session
10/11/20232 minutes, 52 seconds
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1113: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to rebound tracking global peers

Indian benchmark indices — Sensex and Nifty 50 — will likely open in green on October 9, following the slump in the previous session in which the Nifty 50 almost slipped to levels of 19,500. The gains in the domestic markets shall come given the rebound in the global markets though Middle East tensions continue. The conflict between Israel and Hamas continues to intensify but the global markets are now shrugging off the weakness.The US markets ended with strength. Dallas Fed President Lorie Logan said the recent rise in long-term U.S. Treasury yields, and tighter financial conditions more generally, could mean less need for the Federal Reserve to raise interest rates further. Meanwhile, the GIFT Nifty is also suggesting a positive start for the domestic market Stocks to track: Dr Reddy, IDFC First Bank, Glenmark Lifesciences, Mazagon Dock, Hindustan Zinc Tune in to the Marketbuzz Podcast for more news and cues 
10/10/20233 minutes, 19 seconds
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1112: Marketbuzz Podcast with Reema Tendulkar: Nifty 50 rally may be halted amid Israel war, TCS, Titan in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a gap-down opening on October 9.   Though the trading session of October 6 ended on a positive note, the geopolitical tensions in Israel may halt the two-day rally of Nifty 50.  The Nifty 50 closed above 19,600 in the previous session, half a percent rise. Wall Street in the US too witnessed a solid session following stronger-than-expected jobs data.  Over the weekend, Palestinian group Hamas launched a surprise attack on Israel, and the conflict has dragged down for the third consecutive day. Following the attack, crude prices have already started rising. Brent crude has risen 4% overnight to above $88 a barrel on the back of the Israel-Hamas skirmish. The question is, whether this conflict is more localized or if will it broaden out regionally to engulf oil-producing countries like Iran. If that's the case, it needs to be seen whether net-importing countries like India will also underperform also. Stocks to Watch: TCS, Titan, MCX, HDFC Bank, Reliance Industries and more Tune in to the Marketbuzz Podcast for more
10/9/20233 minutes, 59 seconds
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1111: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open flat, RBI policy decision in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to start the trading session of October 6 on a flat note, though it’s a key session to watch Reserve Bank of India (RBI) governor Shaktikanta Das is due to announce the bi-monthly Monetary Policy decision at 10 am. While the consensus is that RBI shall keep key interest rates and its withdrawal stance unchanged, the central bank governor’s commentary is key to track. The second factor to watch is the September jobs data of the United States. In the overnight session, all indices ended flat but macro indicators moved a bit to tumble lower. Crude prices, meanwhile, are below $84.5 per barrel, 2% down compared to the previous day. It's also down 12% at a fresh five week low. The session of October 6 was a fairly good one for the domestic market, largely steady. Stocks to watch: Bajaj Finance, PB Fintech, Adani Wilmar, Tata Motors, Godrej Consumer Tune in to the Marketbuzz Podcast for more news and cues
10/6/20233 minutes, 14 seconds
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1110: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to start in green, Vodafone Idea, Marico in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to start the trading session of October 5 with minor gains even as the domestic market started the month on a weak note. Tune in to the Marketbuzz Podcast for more cues
10/5/20232 minutes, 24 seconds
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1109: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to start on weak note, tracking global cues

Indian benchmark indices — Sensex and Nifty 50 — are likely to start the trading session of October 4 on a weak note, tracking global peers. On Wall Street on October 3, there was a steep selloff seen across all three indices — Dow Jones, S, and P 500 as well as NASDAQ. Oil prices, meanwhile, rebounded from three-week lows. Brent crude futures hovered around the $90.61 a barrel mark this morning. In the domestic market, the Nifty 50 managed to hold on to the 19,500 level on October 3. The front line indices ended with cuts but the broader end of the markets outperformed witnessing significant recovery and managing to end with the green. Key stocks to watch on October 4: Avenue Supermarts, SAIL, Adani Enterprises, Bajaj Finance, Mahindra Finance Tune in to the Marketbuzz Podcast for more news and cues
10/4/20231 minute, 56 seconds
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1108: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to make subdued start

Indian benchmark indices — Sensex and Nifty 50 — are likely to start the trading session of October 3 on a subdued note, tracking global cues. The US stock market ended with cuts even as the government shutdown was averted. In fact, all indices on Wall Street ended September with deep cuts. Meanwhile, oil prices that saw a significant surge in the last two to three months have witnessed a bit of selling pressure over the last few sessions. Brent crude was trading near the $88.82 a barrel mark. In the domestic stock market, there was significant selling pressure on September 27 and September 28, however, the market managed to bounce back in style on September 29 and ended September on a strong note. The pharma index and the metal pack were among the top gainers in the session while the IT index was among the top underperformers. In the trading session of October 3, the shares of JSW Infra, the second largest sports company in India, will make their debut on the exchanges. As most auto companies have declared monthly auto sales numbers and banks too have reported quarterly performance, auto and banking stocks will be in focus today. Meanwhile, Chinese markets are shut for the entire week on account of regional holidays. Tune in to Marketbuzz Podcast for more news and cues 
10/3/20232 minutes, 2 seconds
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1107: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open higher tracking Asian peers

Indian benchmark indices — Sensex and Nifty 50 — are likely to open slightly higher on September 29, tracking gains in Asian peers as global markets stabilised from a recent sell-off, while crude prices eased from 10-month highs. India's GIFT Nifty was mostly unchanged at 19,636 points at 8:05 am on the NSE International Exchange. In the trading session on September 28, the markets were unable to sustain gains. The Nifty 50 ended at a nearly one-month closing low on the expiry day with 43 out of 50 stocks closing in the red. However, for September overall, the Nifty 50 was higher by around a percent and a half. The markets in the past few trading sessions seemed to have been weighed down by cues such as higher Brent crude prices, the idea of higher for longer rates, higher yield and dollar, and concerns emerging on China's property market. However, in the overnight session, crude oil prices softened a tad bit and US markets ended higher. Europe also snapped its five-day losing streak. Meanwhile, Asia markets were trading largely higher this morning, implying a rebound. The Reserve Bank of India (RBI) policy is due next week from October 4-6. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/29/20232 minutes, 11 seconds
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1106: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely headed for muted opening

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a flat start in the trading session of September 28, as global markets continue to weigh down sentiment. Investor confidence worldwide is experiencing a dip, primarily due to the surge in crude oil prices and rising yields. Brent crude prices have surged to approximately $97 per barrel, marking the highest level witnessed in 2023, attributed to factors like a constrained global supply. In the recent overnight session, the US market witnessed a downturn, while European markets concluded at a six-month low. Asian markets, on the other hand, demonstrated a mixed trend. Notably, in China, property developer Evergrande Group has decided to halt trading in Hong Kong, along with its electric vehicle and property services divisions, following reports suggesting the arrest of founder Hui Ka Yan by authorities. Adding to the mix, as September approaches its end with two trading sessions remaining, Indian equities are on track to experience their first outflows from Foreign Portfolio Investors (FPI) in seven months. FPIs have withdrawn over $1.5 billion from Indian equities this month, prompted by rising bond yields and a stronger US Dollar, leading them to exercise caution and reevaluate their positions. September 28 also marks the settlement day for the futures and options contract for the September series. On the macroeconomic front, India's core industry data is scheduled for release later in the day, while globally, the US GDP and initial jobless claims are awaited for further insights. Tune in to the podcast for more news and cues ahead of today’s session
9/28/20232 minutes, 16 seconds
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1105: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open lower tracking global cues

Indian benchmark indices — Sensex and Nifty 50 — are projected to commence the trading session on September 27 on a negative note, mirroring the trend in global markets. On Wall Street, the Dow recorded its most significant one-day percentage decline since March, with all three major averages closing at their lowest levels in over three months. The Dow Jones Industrial Average fell 1.14 percent, the S&P 500 lost 1.47 percent and the Nasdaq Composite dropped 1.57 percent in the overnight session. This dip was influenced by weak economic data, including new home sales and an unexpected decline in consumer confidence. Asian stocks displayed a mixed trend on the morning of September 27, while US Treasury yields hovered near multi-year highs, reflecting concerns among investors about both stocks and bonds due to apprehensions regarding prolonged higher interest rates. Meanwhile, GIFT Nifty suggested a flat start for the domestic market. The September 26 session was a range-bound session with the Nifty 50 trading in the 19,006 50 to 19,700 range. The index ended at 19,665, a cut of 10 points while the Sensex slipped 78 points to 65,950. Despite this, it's worth noting that Indian markets have showcased notable resilience throughout the month, currently being ranked as outperformers, with an increase of approximately 2.1 percent. The mid-cap index has notably surged by 3.1 percent, diverging from the downward trend observed in global markets. The upcoming expiry session on September 28 holds significance, and market watchers are keen to observe whether Indian markets will continue their outperformance. Key stocks under focus for the day include Century Textiles, REC, and Punjab National Bank. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/27/20234 minutes, 32 seconds
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1104: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open lower amid sustained foreign selling

Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower in the trading session on September 26, amid continuous foreign outflows from the domestic market while the global sentiment is subdued. India's GIFT Nifty was down 0.4 percent at 19,655 points at 7:53 am on the NSE International Exchange. On September 25, the Nifty 50 and the S&P BSE Sensex closed mostly unchanged at 19,674.55 points, and 65,958 points, respectively. The benchmarks have fallen nearly 3 percent after hitting all-time highs in mid-September. On September 25, foreign institutional investors sold Rs 2,300 crore worth of shares, while domestic investors bought Rs 1,580 crore worth of shares, as per provisional exchange data. In terms of the larger picture, there is some optimism with the inclusion of India's bonds in JP Morgan’s EM index. Jamie Diamond, for instance, has said it will enable additional foreign inflow of around $25 billion overnight. Meanwhile, the US markets closed higher in the overnight session. Asian markets were largely mixed this morning. Brent crude was hovering at around $93 per barrel. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/26/20232 minutes, 1 second
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1103: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set for muted opening, Delta Corp, Suzlon in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a muted opening on September 25, after declining for the fourth straight day on September 22. This comes amid fears that global interest rates will remain higher for longer. India's GIFT Nifty was up 0.25 percent to 19,692 points at 7:53 am on the NSE International Exchange. Last week was the worst for the Sensex since June 2022 as the index witnessed a drop of 2.7 percent. Meanwhile, the Nifty 50 index recorded its worst week since February. Shares of casino operator Delta Corp will be among those in focus today as the company on September 21 said it has received a notice to pay taxes worth Rs 111.4 billion along with interest and penalty for the period between July 2017 to March 2022. PSU banks have remained resilient, despite the overall decline. Investors will eye the possibility of any further buying within this space. Meanwhile, JP Morgan will add Indian bonds to its market debt index, it remains to be seen whether that will spark more movement in the market. Any developments in India-Canada relations will also be keenly watched. Globally, while US markets closed lower on September 22, Asian markets this morning were largely mixed, with the GIFT Nifty indicating a softer start for the Indian market. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/25/20231 minute, 58 seconds
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1102: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open in green, banks in focus

Indian benchmark indices — Sensex and Nifty 50 — are likely to open marginally higher on September 22, Friday, with IT stock Wipro and banks in focus. All eyes will be on banking stocks as JPMorgan has said it will add Indian bonds to its Emerging Markets (EM) Debt Index. India will have a weightage of 10 percent in the index. The inclusion will be staggered over a 10-month period starting June 2024. Against this backdrop, bond deals and rupee will be in focus as active fund managers will begin to position themselves ahead of this inclusion of the Indian government bonds to the benchmark index. There has been a lackluster handover from the US markets that saw the biggest drop in six months. The NASDAQ index fell 100 points, close to two percent, in the trading session. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/22/20232 minutes, 9 seconds
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1101: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open lower after hawkish Fed remarks

Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower on September 21, Thursday, after the US Federal Reserve indicated it expected interest rates to remain higher for longer. The Federal Reserve on September 20 held interest rates steady but stiffened its hawkish stance with a further rate increase projected by the end of the year. The development in the US has left equity markets reeling under selling pressure. In the overnight session on Wall Street, the Dow Jones index ended 0.2 percent lower, S&P declined almost a percent while the tech-heavy Nasdaq index closed 1.5 percent lower. Asian stock markets took a hit as investors exited riskier assets to take refuge in the safe-haven greenback after the US central bank struck a hawkish tone. Meanwhile, Wednesday's trading session saw oil prices cool off from the recent peak. Oil prices have now hit a one-week low with futures hovering around the $90 a barrel mark. Back home in the Indian market, Nifty 50 ended below the 20,000 level on September 20. Heavyweight stock HDFC Bank was one of the top drags on the back of analysts cutting their estimates for the bank's earnings following an analyst meet. Stocks to Watch: Fino Payments, Cipla, Biocon, Adani Green Energy, Coal India Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/21/20232 minutes, 14 seconds
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1100: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open lower

Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower on September 20, Wednesday, tracking global cues. GIFT Nifty was trading at a discount of nearly 100 points from Nifty Futures Monday close, indicating a gap-down start, which indicates the domestic market. In early trade, Asian stocks struggled for headway while 10-year US Treasury yields stood at 16-year highs as surging oil prices drove inflation. In the overnight session, meanwhile, equities on Wall Street closed lower. It must be noted that Indian markets will react to two days of global cues from Monday as well as Tuesday. In two days, US’ Dow and Jones has lost a percent and the S and P 500 has slipped a percent while the tech heavy NASDAQ has declined by 1.8 percent. Crude prices hit a high of $95.96 per barrel yesterday and settled below 95 on the count of profit booking, but it's still at a 10-month high, which is a bit of a worry. Among other global cues to track is the Fed decision, due later in the day, which will be crucial. It is likely that there will be no rate change policy this time but the commentary will be very important. In the domestic market, bank stocks will be in focus, especially HDFC Bank. The Reserve Bank of India (RBI) has approved the reappointment of Sashidhar Jagdishan as MD and CEO of the lender till October 26, 2026. The firm also held an analysts meet on Friday where it indicated that HDFC’s individual gross NPA ratio stood at 1 percent for the June quarter compared to 0.75 percent in March, while non-individual gross NPA ratio saw a sharp spike from 2.9 percent in March to 6.7 percent in June. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
9/20/20233 minutes, 41 seconds
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1099: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to start on cautious note

Indian benchmark indices — Sensex and Nifty 50 — are likely to begin the September 18 session on a cautious note, days after economic data from China. Investors will also look forward to the US Federal Reserve's policy meeting due this week. India's GIFT Nifty on the NSE International Exchange was up 0.1 percent to 20,186.5 by 7:55 am. The Nifty 50 and Sensex gained nearly two percent each last week and are expected to continue their stellar run. Separately, foreign investors bought Rs 1.64 billion worth of shares on a net basis on Friday, while their domestic peers bought Rs 19.39 billion worth of equity, according to stock exchange data. Meanwhile, Asian stock markets fell in early trade today as China's key property sector continued to remain under stress despite positive data from the country showing signs of stabilisation. Stocks to watch: Bharat Electronics, Axis Bank, HFCL Ltd, Tata Steel, Dhanlaxmi Bank, Vodafone Idea. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
9/18/20233 minutes, 56 seconds
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1098: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set to open higher on strong global cues

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on Friday, September 15, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate concerns aided sentiment. India's GIFT Nifty on the NSE International Exchange was up 0.10 percent at 20,238.50 at 8:00 am. Asian equities rose this morning after data showed that August industrial output and retail sales growth in China beat expectations. Wall Street equities closed higher overnight, on rising expectations of a US Federal Reserve rate pause in its upcoming policy meeting on September 20. The only two macro headwinds are rising crude prices with Brent having crossed $94 per barrel and the other one is dollar index, which has increased to levels above 105. It's negative for emerging markets and high-yield assets like India in terms of flows. NTPC, Bharat Forge, Infosys, and Lemon Hotels are some of the stocks to watch in today's trade. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
9/15/20233 minutes, 57 seconds
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1097: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open higher on rising hopes of a Fed rate pause

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on Thursday, September 14, day after the US inflation data indicated the likelihood of a pause in the rate hike cycle by the Federal Reserve later this month. India's GIFT Nifty on the NSE International Exchange was up 0.16 percent at 20,178 at 7:57 am IST. In the overnight US market session, Dow Jones saw selling pressure towards the end while S and P 500 and NASDAQ managed to close about the green line. The key trigger and key commodity to track is oil prices that cooled off marginally yesterday. But now they continue to trend near a 10-month high futures, trading closer to the $89 a barrel mark while Brent futures trade closer to the $92 a barrel mark. Back home, the primary market activity in India continued to remain buoyant. Two new IPOs —  Zaggle Prepaid Ocean Services IPO and Samhi Hotels IPO — open for subscription today. Tune in to Marketbuzz Podcast for more news and cues 
9/14/20232 minutes, 19 seconds
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1096: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open higher after retail inflation eases

Indian shares were set to open higher on Wednesday, with the benchmark Nifty 50 and Sensex hovering around record highs after data showed retail inflation eased and industrial output rose. India's GIFT Nifty on the NSE International Exchange was up 0.22 percent at 20,073.50 at 7:51 am.  The benchmark Nifty 50 and the S&P BSE Sensex closed little changed in a volatile session on Tuesday. Data released after the bell showed that India's retail inflation eased in August to 6.83 percent but still above the upper end of the Reserve Bank of India's two percent to six percent target range, aided by a moderation in food prices. The Indian market has been trending near lifetime high levels comfortably about the 20,000 mark and the mid cap and small cap indices were at lifetime highs. However, in a single trading session, what's actually happened is that there has been quite a steep sell off, also aided by worries that a certain hedge fund portfolio got liquidated in yesterday's trading session. However, FII data indicate that there isn't too much to panic. In the US markets overnight, all the major industries posted losses with the tech-heavy NASDAQ taking the brunt of the selling pressure given that Apple shares saw sell-off post the launch event. Brent futures were higher by 1.6 percent and were closer to the $92 a barrel mark. Oil prices continue to trend higher on the back of OPEC maintaining robust demand guidance. Tune in to Marketbuzz Podcast for more news and cues
9/13/20232 minutes, 22 seconds
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1095: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open flat ahead of August inflation data

Indian benchmark indices — Sensex and Nifty 50 — were set to open little changed on September 12, a day after Nifty 50 hit a record high in the previous session, ahead of retail inflation data for August. India's GIFT Nifty on the NSE International Exchange was up 0.06 percent at 20,130.50 at 8:07 am. Nifty 50 and the S&P BSE Sensex rose in the last seven sessions, adding 3.86 percent and 3.54 percent, respectively, after data showed that India's economy expanded at the fastest pace in a year in the June quarter. The Nifty 50 breached the 20,000 mark for the first time ever on Monday, hitting a fresh record. The Sensex settled 500 points away from the record high hit on July 20. Yesterday was a very good day for equity markets worldwide with all of the US indices ending higher with NASDAQ gaining over a percent. Oil prices yesterday were largely flat with futures trending closer to the $87 a barrel mark. While Brent futures now continue to hover slightly about the $90 a barrel mark in the trading session. Meanwhile, July industrial production data and CPI data will come out today. Also, the IPO of TPG Capital-backed RR Kabel is also set to open for subscription today. It remains to be seen how much further the markets move higher and whether 20,000 can be maintained on a sustainable basis. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/12/20231 minute, 41 seconds
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1094: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to start in green amid mixed global cues

For today there are a very mixed set of queues as far as BSE Sensex and Nifty 50 are considered. While US markets ended Friday's session on a positive note, it's important to note that all of the US indices ended the week on by with cuts. Also, another important queue is the fact that oil prices now are trading near a nine month high. Brent futures have gone ahead and breached the $90 a barrel mark on the upward trend. So oil prices continue to move higher, indicating a certain amount of worry, however Indian market continued to outperform in the last week. On Friday, Nifty 50 saw the sixth straight session of gains aided by heavyweights. In fact, Indian markets managed to outperform other emerging markets and even most developed markets. In last week the important trend was the fact that you actually saw metals PSU stocks, especially the CPSE index, as well as oil and gas stocks continuing to outperform. Going into today's trading session there are quite a few important queues to keep an eye out for. Number one AMFI would be releasing the monthly data. Also a company Rishabh Instruments would be listening today, Jupiter hospitals, this particular stock or this particular IPO company has actually been oversubscribed over 64 times on last day. Furthr TVS supply chain the company that recently listed on its exchanges would be delivering its results today, Asian markets however, indicate a muted opening, but the GIFT NIFTY after adjustments actually indicates a slightly positive start and this will be something that we need to keep an eye out for. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/11/20232 minutes, 10 seconds
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1093: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to start with minor gains

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a subdued opening on September 8, tracking weakness in Asian peers and overnight losses on Wall Street after US jobless claims data renewed worries about interest rates staying higher. India's GIFT Nifty on the NSE International Exchange was up 0.1 percent at 19,789.50 at 7:48 am. Asian markets were down this morning while in the overnight session, Wall Street indexes slipped after a drop in weekly US jobless claims suggested interest rates may remain higher for longer. The Nifty 50 and the Sensex extended gains for the fifth straight session on September 7, recovering nearly 2.5 percent from the near two-month lows hit late August. If the trend holds, the benchmarks are on track for their second straight weekly gain. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
9/8/20231 minute, 50 seconds
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1092: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to make muted start amid weak global cues

Indian benchmark indices — Sensex and Nifty 50 — are set for a muted opening on September 7, tracking weakness in Asian markets and overnight losses in the US amid rising Treasury yields. India's GIFT Nifty on the NSE International Exchange was unchanged at 19,625 at 8:01 am. Asian markets declined this morning, while Wall Street indexes fell after stronger-than-expected US services sector data suggested interest rates will remain higher for longer. Brent crude prices continue to remain at around 10-month highs, with Brent crude at $90 per barrel. In the last trading session, the Nifty 50 and the Sensex extended gains for the fourth straight session on Wednesday, recovering two percent from the near 2-month lows hit late August. Meanwhile, the markets will also be watching out for the G20 Summit that kicks off over the weekend. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
9/7/20232 minutes, 6 seconds
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1091: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open on a cautious note following mixed global cues

The Indian benchmark indices Indian benchmark indices — Sensex and Nifty 50 — closed in the green on September 5 for the third consecutive session. The midcap index ended at a record high. However overnight, the global queues seemed to be a little bit sluggish and the US markets closed lower. Global cues to look out for is the Brent Crude which has moved up to a 10-month-high this point in time and the Asian market which are largely mixed at this point. The implied open for the Gift Nifty is indicating that it is going to be a little bit of a softest start for our markets to watch out for the flow picture because FIIs have net sold in the cash market for the second consecutive trading session. Overall, the next couple of queues to watch out for would be the G20 summit which is on September 9 and 10. Additionally, following that, there is the CPI data which will be out from the US as well as India on the September 12 and 13. Another cue to look out for is the fed meet towards the third week of September. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
9/6/20231 minute, 44 seconds
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1090: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open flat

Indian benchmark indices — Sensex and Nifty 50 — are set to open flat on September 5, after logging gains for two sessions, on hopes of a US Federal Reserve rate pause, China's support for its property sector as well as strong domestic macroeconomic data. India's GIFT Nifty on the NSE International Exchange was up 0.01 percent at 19,600 at 7:55 am. Asian markets declined, with the MSCI Asia ex-Japan index falling 0.84 percent ahead of key macro data from several countries including China. US markets were closed on Monday due to a local holiday. Brent crude continues to hover at around $88 per barrel. For the domestic market, Nifty 50 is indicating a slight negative start this morning. Railways and sugar stocks will be in focus. The G20 meet is on September 9 and 10, which will be a big cue to watch out for through the week. The longer term cue continues to be the US Fed meeting on September 19 and 20. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session
9/5/20232 minutes, 19 seconds
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1089: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to gain, Kotak Mahindra Bank, sugar stocks to be in focus

Indian benchmark indices — Sensex and Nifty 50 — are set to open marginally higher on September 4, on hopes of a US Federal Reserve rate pause later this month and strong domestic macroeconomic data. Kotak Mahindra Bank, sugar stocks, Jio Financial and Paytm will be in focus among other stocks. This comes as Uday Kotak announced his resignation as MD and CEO of Kotak Mahindra Bank over the weekend, while sources say Uttar Pradesh is likely to raise the state advisory price of sugar, which may have an impact on sugar stocks. The Indian markets started the September series on a strong footing, with the market posting its biggest single-day gain in two months on Friday. The India VIX, which is the volatility indicator, was down close to around six odd percent. Macros seem to have supported the domestic markets. The GST collections for August were up 11 percent year-on-year. India's manufacturing PMI came in at a three-month high for August. Global cues for the day remain intact. On Friday, the Dow and Jones closed more than 100 points higher, witnessing its best week since July. The US unemployment rate came in at 3.8 percent versus estimates of 3.5 percent. All these will be important data points for the US Fed, which meets later this month. Asian markets were largely mixed this time. The GIFT Nifty is indicating a positive start. Meanwhile, the G20 summit is scheduled for September 9 and 10. Tune in to the Marketbuzz Podcast for more news and cues ahead of the session
9/4/20232 minutes, 4 seconds
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1088: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open lower

Indian benchmark indices — Sensex and Nifty 50 — are set to open marginally lower on September 1, on caution ahead of a key US jobs report, which could influence the Federal Reserve's rate decision later this month. India's GIFT Nifty on the NSE International Exchange was down 0.20% at 19,390 at 8:18 a.m. IST. Wall Street equities were mixed overnight after the personal consumption expenditures (PCE) price index, the Fed's preferred measure of inflation, met expectations, easing rate concerns. Investors now await the non-farm payrolls report, due later in the day. Tune in to the Marketbuzz Podcast for more news and cues ahead of session
9/1/20233 minutes, 36 seconds
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1087: Marketbuzz Podcast with Reema Tendulkar: GIFT Nifty indicates a start in the green for Sensex, Nifty 50

The US markets closed higher yesterday with minor gains. The Dow Jones was up 0.1 percent, the S&P 500 gained 4 percent, the Nasdaq rallied close to around 0.5 percent. The Nasdaq closed higher for the fourth successive session.  The US second quarter GDP was revised lower. The last estimate was for 2.4 percent  annualised growth, and now they are saying the second quarter GDP grew less than that at 2.1 percent, pointing to softer economic growth. Also, the ADP jobs data showed the job addition,in August was 177,000. This is lower than economists expectations and sharply lower than the July number of 371,000. This jobs data is also seen as a precursor to the monthly data, which will be reported by the Labor Department on Friday. That will give us a clearer picture, it's the more track number. The dollar index eased and is now currently just above 103-103.1. The crude prices inched up a bit and are now closer to $86.  Yesterday, the Indian market started off trade higher, went to levels of 19,450, but retreated from that level to finally close absolutely flat. The 20-day moving average (DMA), which is 19,450 got rejected. This is going to be an important resistance level for a market. The support is going to be 19,229. But today is the August series expiry. Now the last four series have been positive for the Indian market. If things close right now as they are then in August series we're likely to see a cut. The Nifty is down close to about 350 points in the August series. Post market close today, is the July core and fiscal data deficit at 5pm as well as the domestic first quarter GDP data at 5.30pm. Economists estmate it to be a 7.9 percent growth. The domestic institutional investors (DIIs) bought Rs 1,323 crore in the cash market, while the foreign institutional investors (FIIs) sold Rs 494 crore in the cash market. But again, the flows have been skewed by the multiple block deals and yesterday, you had a block deal coming through in Zomato, where Softbank sold a little more than 1 percent. There are two important block deals yet again. The first one is Sula, where Verlinvest Asia is looking to offload around a 12.5 percent stake in a blockchain, which is sized at Rs 540 crore and the price indicator is about Rs 473  to Rs 508. Medplus is also looking at block deal. The size is about Rs 860 crore and the seller could be Premji Invest and Lavender Rose. There are two order wins as well. RVNL bagged a Rs 256 crore order from Maharashtra Real Corp and the other is BHEL, which bagged an order to set up a super thermal power project at Chhattisgarh.  Nazarat Tech has said there is a board meeting on Septemebr 7 and they will consider issuance of equity on a preferential basis. Aeroflex Industries will be listing today. The issue price is Rs 108 per share. It was heavily subscribed — 97 times. 
8/31/20234 minutes, 29 seconds
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1086: Marketbuzz Podcast with Vivek Iyer: Nifty 50 likely to make subdued start, all eyes on OMCs after LPG price cut

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a subdued start on August 30, a day after the government announced a Rs 200 price cut on LPG prices. Therefore, market participants will await how oil market companies (OMCs), including Indian Oil, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited will react to the development.  Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
8/30/20231 minute, 36 seconds
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1085: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open in the green tracking global cues

GIFT Nifty is suggesting a positive start to the Indian markets. US markets have ended in the green with gains of around 0.6 to 0.8 percent. The rally continues in Hang Seng. Over the weekend, China had cut the stamp duty on stocks, so it spurred a rally in Asian markets, particularly Hang Seng and Shanghai. This morning, the strength continues in markets like Hang Seng. Yesterday, in the second half of the trading session, as Reliance Industries stock price came under pressure, markets gave up from the day's high and finally ended closer to 19,300, a gain of about 0.2 percent. The resistance level for a market has emerged to the 50 day moving average aroun d the 19,380 mark, that was also around the intra-day high yesterday. On the way down, 19,200 19,250  has emerged as a support level. On Friday, the Intraday low was 19,229, on Monday, the intra-day low was 19,250. Over the last 10 sessions, Nify has taken support between 19,200 and 19,300 five times. So, in this consolidation band, the 19,250 level has emerged as an important support level, Today is also the weekly Fin Nifty expiry, tomorrow is the first quarter GDP print, Thursday is the August series expiry and Friday the August auto sales numbers will be out. In terms of flows, the domestic institutional investors (DIIs) net bought Rs 1,264 crore in cash on Monday, while foreign institutional investors (FIIs) net sold Rs 1,393 crore in the cash market. The stocks that should be on your radar include Gokuldas Exports because the company has entered an agreement to acquire an apparel manufacturer, lots of stock should be on a radar go exports because the company has gone ahead and entered into an agreement to acquire an apparel manufacturer Atraco Group for $55 million. The latter has a very strong market position in US and Europe. The product range includes shorts, pants, shirts, t-shirts, dresses, blouses, etc. The company will be funding this via debt and internal accrual. So the Street is quite excited with the prospect. NBCC and SJVN have won orders. For SJVN it is a letter of acceptance, for NBCC it is a Rs 66 crore order win. For APL Apollo Tubes we understand the promoter is likely to sell some stake in the company for approximately Rs 400 crore, which is around 0.85 percent of the equity. The base issue is Rs 300 crore, but there is a green shoe option of  Rs 116 crore. PG Electroplast has also launched a QIP to raise Rs 500 crore. The implied dilution is around 14 percent. Zomato witnessed a big block deal yesterday. Tiger Global has sold 1.4 percent of its stake in it. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
8/29/20233 minutes, 11 seconds
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1084: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to start with gains ahead of Reliance AGM

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a positive start on August 28, ahead of the Reliance Industries annual general meeting due later in the day. The GIFT Nifty suggests a start with a gain of about 60 odd points for the Nifty 50 index on the back of positive global cues.  US markets ended with gains on Friday with frontline indices climbed up to 0.9 percent. Nasdaq and S&P snapped their losing streak while the Dow and Jones. Asian shares rallied on Monday as China announced new measures to support its ailing markets, though the mood was cautious ahead of readings on U.S. jobs and inflation that could decide whether interest rates have to rise again. Oil prices drew some support from a sharp rise in US diesel prices, though concerns about Chinese demand remains a drag. Brent edged up 22 cents to $84.70 a barrel, while US crude rose 21 cents to $80.04 per barrel. Meanwhile, last week, Federal Reserve Chair Jerome Powell said the US economy could require further interest rate increases. The big thing to track today is Reliance Industries’ AGM, which begins at 2pm today. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
8/28/20233 minutes, 29 seconds
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1083: Marketbuzz Podcast With Vivek Iyer: Sensex, Nifty 50 likely set for a gap down opening

Today, we are looking at a very subdued set of cues form overnight markets. Dow Jones witnessed the worst session yesterday since March 2023. Markets are on tenterhooks ahead of US Fed Chair Jerome Powell's speech at the Jackson Hole symposium later today. Crude futures, crude oil prices continued on their downward trend. Yesterday ended flat with a negative bias with brent futures ending close to the $83 a barrel mark Indian markets on Thursday, being the weekly expiry, witnessed sharp selling pressure in the second half, with both Nifty and Nifty Bank giving up over a percent from their intre-day highs. The broader end of the markets continued their outperformance, with the midcap index continuing near its the lifetime high levels. Yesterday's session was however largely dominated by large block deals that happened -- Coforge, Mannnapurram Finance, etc.  The trend is set to continue today as well with large blocks expected in Amber Enterprises and also in auto-anciallary company Uno Minda.  Primary market activity too is quite hectic with Aerospace Industries oversubscribed over 97 times at the end of day three. Vishnu Prakash, which is an infrastructure EPC company, also witnessed an oversubscription of over 3.7 times. Asian markets as well as GIFT Nifty are indicating a gap down start for our own markets. Tune in to the Marketbuzz podcast for more news and cues ahead of today’s session
8/25/20231 minute, 46 seconds
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1082: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely set for gap-up start

Indian benchmark indices — Sensex and Nifty 50 — are likely to start August 24 trading session marginally higher. As the Jackson Hole Symposium begins today in the US, all eyes will be on Fed Chairman Powell's remarks on inflation and rate hike trajectory projection. In the overnight session on Wall Street, the tech-heavy NASDAQ index continued its upmove for the third trade session. Dow and Jones and S&P 500 also ended in the green. Crude oil prices continued to witness selling pressure. Brent futures fell lower by almost one percent to the $83.2 a barrel mark. In the domestic session yesterday, the Nifty 50 as well as the Sensex ended with a positive bias with the Nifty defending the crucial 19,400 level. Financial stocks outperformed. The midcap index yesterday too hit a fresh lifetime high. The other important set of stocks that rallied yesterday were names that were linked to the Chandrayaan-3 mission after the successful landing of the Vikram Lander. These stocks will be in focus today as well. Tune in to the Marketbuzz podcast for more news and cues ahead of today’s session
8/24/20232 minutes, 38 seconds
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1081: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set for muted start on mixed global cues

Indian benchmark indices — Sensex and Nifty 50 — are likely headed for a subdued start on August 23 following weak overnight cues from the US and Europe markets. Traders also await the Reserve Bank of India's (RBI) policy meeting minutes and a key global central bankers' gathering. India's GIFT Nifty on the NSE International Exchange was up 0.24 percent at 19,360.50 at 8:19 am. The US indices continued a downward trend with banking stocks on Wall Street witnessing weakness as rating cuts continued. The Dow and Jones ended half a percent lower while the tech-heavy NASDAQ index managed to eke out a very minor gain. Crude oil prices saw a sell-off and the futures ended lower below the $80 a barrel mark. Brent futures went lower by half a percent to the $84 a barrel mark. Asian shares held tight ranges this morning, as investors awaited results from Nvidia to see if the sector's lofty valuations can withstand a jump in bond yields, while still gloomy factory readings from Japan left sentiment fragile. In the domestic market yesterday, the benchmark indices were largely flat in a range-bound trading session, ending on a positive note but the action continued in the midcap and small-cap indices. The midcap index hit a fresh record high in yesterday's trading session, clearly indicating the strength in the broader end of the markets. Meanwhile, TVS Supply Chain IPO is set for its debut today. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
8/23/20232 minutes, 5 seconds
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1080: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open flat

Indian benchmark indices — Sensex and Nifty 50 — are set for a muted open on August 22, on risk aversion due to persistent concerns over the health of China's economy and US interest rates. India's GIFT Nifty on the NSE International Exchange was up 0.03 percent at 19,395 at 8:05 am. In the previous session, Nifty 50 and Sensex rose as a rebound in information technology (IT) and financial stocks outweighed a slide in Reliance Industries following spin-off Jio Financial's lukewarm market debut. In the overnight session in the US market, NASDAQ rallied close to about a percent and a half. This is despite an absolutely flat closing. The Dow and Jones closed in the red. Meanwhile, pessimism about the Chinese economic outlook continues to weigh on the market. The focus is now on the Jackson Hole symposium as Fed Chair Jerome Powell is going to deliver a speech on August 25. The Indian markets will only react to this over the weekend and in the week that follows. Meanwhile, domestic investors also await the minutes of the latest monetary policy meeting of the Reserve Bank of India, due on August 24. Among the stocks to watch are Adani Enterprises, Welspun Enterprises, Tata Power and Brigade Enterprises. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
8/22/20233 minutes, 39 seconds
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1079: Marketbuzz Podcast with Reema Tendulkar: GIFT Nifty indicates a muted start for Sensex, Nifty 50

The GIFT Nifty is suggesting that the market it going to witness a muted start. The have been consolidating for a while. last week as well,  Last week as well, the Nifty lost about 0.6-0.7 percent close for the week, which we've been broadly consolidating. There are a few important levels to track. All the way down, it will be the 50-day exponential moving average (EMA), which stands at 19,265. On the way up, the recent swing high of 19,482. Broadly, these would be two important markers that we will be tracking.  From our all-time high levels, the Nifty lost about 3.4 percent, while the Sensex was down 3.9 percent last week. Last week, the US markets ended with considerable weakness — 2-2.5 percent gone on the key indices. The S&P 500 noted its third-straight week of losses.  The focus will now be on US Fed Chair Jerome Powell's speech at the Jackson Hole symposium on August 25.  The flows on Friday were fairly mixed. The foreign institutional investors (FIIs) sold Rs 266 crore, while the domestic institutional investors (DIIs) net bought Rs 340 crore.  The key stocks to watch today are Jio Financial Serices, which is going to list on the stock exchanges at 10am. The price discovery pegged the price at Rs 261 per share. But the actual listing and the kind of demand we will know at 10am. On August 23, it also gets added to the MSCI index.  Titan is the other stock to watch. They will be acquiring an additional 27.2 percent stake in CaratLane for Rs 4,621 crore. Titan alread had a 71.1 percent stake. So, with this additional 27.2 percent stake, Titan's stake in CaratLane will now be 98.28 percent. And the deal values CaratLane at Rs 17,000 crore. Gujarat Gas has hiked its industrial gas prices by around 6 percent. This is the first price hike after five consecutive price cuts by it in 2023. KEC International has won new orders worth Rs 1,007 crore. Vodafone Idea had a contract with Tanla Platforms for the SMS — application to payer. This contract expires on November 2023. Vodafone Idea has indicated that they will not be renewing the contract. So there is going to be a loss of revenue to Tanla Platforms and this contract instead has been awarded to Route Mobile. Tune in to the Marketbuzz Podcast for more news and cues ahead of the session
8/21/20233 minutes, 8 seconds
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1078: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely headed for muted start

Indian benchmark indices — Sensex and Nifty 50 — are likely headed for a flat start on August 18 after US equities declined on rate concerns and choppiness in Asian equities on deflation and demand worries in China. India's GIFT Nifty on the NSE International Exchange was up 0.13 percent at 19,309 at 8:01 am. On Thursday, Nifty 50 and Sensex fell on Thursday, dragged by information technology (IT) stocks. The bluechips are down over 0.25 percent each this week so far as the equity risk has continued for this third trade session. The Nifty ended below the crucial 19,400 mark. Overnight on Wall Street, the Dow Jones closed lower by nearly 300 points and the NASDAQ was the most impacted, losing over 1.2 percent in yesterday's trading session. Asian market cues were also subdued this morning. Among stocks to watch are Punjab National Bank, Shriram Finance, Trent, TVS Motor, Zydus Lifesciences as these firms are to be included in Nifty Next 50, with effect from September 29. Tune in to the Marketbuzz Podcast for more news and cues ahead of the session
8/18/20232 minutes, 32 seconds
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1077: Marketbuzz Podcast with Vivek Iyer: Sensex and Nifty 50 set to open flat

Indian equity benchmarks — Sensex and Nifty 50 — are set to open little changed on August 17, tracking a weakness in Asian peers on worries over China's economy and Wall Street on interest rate concerns. India's GIFT Nifty on the NSE International Exchange was down 0.07 percent at 19,398.50 at 7:54 am. The Indian markets yesterday displayed remarkable resilience given the market saw a very sharp recovery in the second half of the trading session. Metal stocks, however, underperformed as the rising dollar index weighed in. Banking stocks too saw selling pressure. In the overnight session, US markets saw significant selling pressure on the back of FOMC minutes that indicate further rate hikes cannot be ruled out. The NASDAQ bore the brunt of the selling pressure, and ended over a percent lower in yesterday's trading session. This morning, US futures too indicated further downside pressure. Meanwhile, European markets closed mixed. Crude oil prices continue to see selling pressure for the fourth trade session today on the back of weakening data from China as well as further rate hike pressure from the US. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
8/17/20232 minutes, 7 seconds
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1076: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open lower on domestic inflation concerns

Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower on August 16 following a sharp rise in July domestic inflation. India's GIFT Nifty on the NSE International Exchange was down 0.40 percent at 19,396 at 7:59 am. Nifty 50 is likely to open closer to 19,350 mark. The key level to watch will be the Monday intraday low of 19,257, which coincides with the 50-day moving average of 19,258. Retail inflation rose to a 15-month high of 7.44 percent in July, predominantly due to rising vegetable and cereals prices also dragged sentiment. The figures breached the upper end of the Reserve Bank of India's tolerance band of 2-6 percent for the first time in five months. In the ongoing July-September quarter, the RBI now sees inflation at 6.2 percent, significantly higher than the earlier forecast of 5.2 percent. Meanwhile, Wall Street equities fell overnight after stronger-than-expected retail sales data triggered concerns. Asian markets declined this morning on worries over China's economic recovery a day after the country's central bank unexpectedly cut rates for the second time in three months. Some of the stocks to watch out for include ITC which saw its June quarter profit top estimates on lower costs and better demand. Infosys has signed a $1.64 billion deal with video, broadband, and communications firm Liberty Global to scale digital platforms. Vodafone Idea has secured $240 million to meet payment obligations and has reported a wider June quarter loss on weak 4G subscriber growth. Ashok Leyland has also received board approval to buy a 100 percent stake in OHM Global Mobility, and has said it will invest Rs 3 billion as equity into OHM to operationalise the company. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
8/16/20235 minutes, 23 seconds
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1075: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open lower; domestic inflation data in focus

Indian benchmark indices — Sensex and Nifty 50 — are on August 14 expected to start on a slightly weaker note in the holiday-truncated week as earnings season draws to a close, ahead of domestic retail inflation data due later in the day. India's GIFT Nifty on the NSE International Exchange was down 0.28 percent at 19,432 at 7:58 am. Corporate earnings season will likely end on Monday, with consumer giant ITC and telecom service provider Vodafone Idea among hundreds of companies scheduled to report quarterly results. In today’s session, market participants will also track the CPI inflation data and minutes of the US FOMC meeting. In the previous session Friday, the benchmark Nifty 50 settled 0.59 percent lower at 19,428.30, while the S&P BSE Sensex settled 0.56 percent lower at 65,322.65. The Nifty 50 fell 0.45 percent last week, logging losses for the third week in a row. Indian markets will be closed on August 15 for Independence Day celebrations. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
8/14/20232 minutes, 33 seconds
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1074: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open flat as cooling US inflation offsets domestic concerns

Indian benchmark indices — Sensex and Nifty 50 — are likely to make a muted start on August 11, as optimism over moderating U.S. inflation offset near-term domestic price concerns. India's GIFT Nifty on the NSE International Exchange was up 0.05 percent at 19,550 at 8:15 am. In the overnight session in the US, Wall Street equities edged higher after data showed that US consumer price inflation moderated in July, bolstering hopes that the US Federal Reserve is near the end of its rate-hiking cycle. Asian markets were subdued. Back home on August 10, the Reserve Bank of India held key rates steady as expected. Governor Shaktikanta Das said there could be substantial rise in headline inflation in the near-term and raised the retail inflation forecast for fiscal 2024, citing pressure from food prices. Both the Nifty and Sensex declined on Thursday, dragged by financials and consumer stocks. The bluechips have been little changed for the week, after logging losses in the previous two weeks. In today's session, Hero MotoCorp is likely to be in focus as the two-wheeler maker posted a rise in June quarter profit and is eyeing more premium bike launches. State-owned life insurer Life Insurance Corporation of India (LIC) also reported a surge in first-quarter profit on the transfer of money to a shareholders' fund. Apollo Tyres' June quarter profit more than doubled on lower costs while Steel Authority of India posted a fall in first-quarter profit on rising costs. Tune in to the Marketbuzz Podcast for more cues ahead of today’s session
8/11/20232 minutes, 35 seconds
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1073: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set for a gap down opening ahead of RBI rate decision

The markets staged a smart recovery in the last hour of trade on Wednesday and the Nifty 50 managed to reclaim 19,600.  The Nifty gained around 61-odd points, the Nifty Bank slipped, but the midcap index gained.  Foreign institutional investors (FIIs) bought after nine consecutive sessions of selling, which is definitely a positive. FIIs net bought around Rs 644 crore in the cash market on Wednesday, while domestic institutional investors (DIIs) net sold close to around Rs 600-odd crore.  The US markets were definitely weak, so we had the US markets correct. The CPI as well as the initial jobless claims would be two key factors that the Street would be watching out for closely. Asian stocks are lower ahead of the inflation data. Crude has hit the highest level that we have seen since January 27. So the Street will be waiting by for trends on brent crude.  The GIFT Nifty is implying a weak start to today's trading session.  It's definitely going to be the Reserve Bank of India (RBI) policy where rates are expected to be held steady, but do watch out for the commentary from the RBI governor. Today is also the weekly options expiry. And earnings from Hero MotoCorp, Biocon, Alchem Pharma, Pidilite, are expected today.  Tune in to Marketbuzz Podcast for more cues ahead of today’s session
8/10/20232 minutes, 11 seconds
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1072: Marketbuzz Podcast with Ekta Batra: Sensex and Nifty 50 likely to open marginally higher

Marketbuzz Podcast with Ekta Batra: Sensex and Nifty 50 likely to open marginally higher Indian benchmark indices — Sensex and Nifty 50 — are likely to open marginally higher on August 9 after China's consumer prices logged a smaller-than-expected fall in July, ahead of U.S. inflation data and Reserve Bank of India's (RBI) policy decision due this week. The Indian rupee is expected to struggle at the opening on Wednesday in the wake of the dollar index's move higher on weak risk appetite. The US markets closed lower in the overnight session, with concerns about bank stability capping sentiment. Asian shares were on the defensive after China inflation data confirmed the recovery in the world's second-biggest economy is losing steam. The GIFT Nifty was indicating an implied open off a little bit of a negative bias for the Indian market. Brent is at around $86 per barrel. The markets are likely to now focus on the macros versus micros as the earning season is coming to a close. The US CPI data for July is due to be released on Thursday while India’s Reserve Bank of India (RBI) will make the bi-monthly policy announcement on the same day and is likely to hold the current interest rates. Among quarterly results due today are that of Tata Power, Zee Entertainment Enterprises, Abbott India, Berger Paints India, and Bharat Forge among others. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
8/9/20232 minutes, 20 seconds
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1071: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely set for a muted start today

The Nifty 50 and Sensex on Monday, were higher, but the Nifty bank slipped, while the midcap index rose. It was largely a mixed session, but both benchmark indices did build on Friday's gains. Today, one key factor to watch out for is the foreign institutional investor (FII) flows. FIIs have net sold for eight consecutive sessions since July 27. On Monday, they net sold around Rs 1,893 crore and they have net sold around Rs 10,000 crore in these eight sessions. Global markets on the other hand are witnessing some recovery. The US markets snapped their four-day losing streak on Monday. The CPI data on Thursday for July is going to be the next cue to watch out for. CPI inflation is estimated to come in around 3.3 percent. Asian stocks are mixed in today's trade, ahead of the Chinese trade data. Crude prices have come off, which is a positive for the Indian markets. However, the GIFT Nifty is indicating a bit of a lower start. Watch out for the bank Nifty, whether or not it underperform's in today's trading session, the midcaps which have been outperforming a lot, a lot of farmer stocks that will be in focus today due to their earnings and new-age stocks such as PayTm and Zomato, which witnessed a lot of volume and price action yesterday. Hindalco, Coal India, among others are expected to deliver their quarterly earnings reports today. The three-day MPC meeting for the RBI policy will kick-off today and the outcome will be known on Thursday. Tune in to Marketbuzz Podcast for more cues ahead of today’s session
8/8/20232 minutes, 7 seconds
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1070: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set to open flat amid cautious global cues

Indian benchmark indices — Sensex and Nifty 50 —  are set for a muted start on August 7, tracking Asian peers, on caution ahead of US and China inflation data as well as the Reserve Bank of India's monetary policy decision due later this week. India's GIFT Nifty on the NSE International Exchange was up 0.09 percent at 19,607.50, as of 7:56 am. On Friday, the market snapped its three day losing streak, however, the markets were down for the second straight week. One of the key cues to watch out for is the FII net selling in the cash market. FIIs have net sold for the seven consecutive sessions. Meanwhile, the global markets looked a bit tentative. The US jobs data 187,000 jobs added in July versus estimates of 200,000 oil has risen for the sixth straight week. There is some amount of upmove taking place in terms of oil prices. It must be noted that India is a net importer of oil and hence higher oil prices is a negative for us. Asian markets were largely mixed, with the GIFT Nifty indicating a marginally higher start for India. The Street will also track moves in the State Bank of India (SBI) stock, which posted its results on Friday. Also, the Reserve Bank of India will also announce its policy decision on Thursday. The central bank kept rates unchanged in April and June, after hiking them by 250 basis points in the fiscal 2023. Tune in to the Marketbuzz Podcast for more cues ahead of today’s session
8/7/20231 minute, 59 seconds
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1069: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open higher

Indian shares are set to open marginally higher on August 4, tracking Asian peers on hopes of measures to support economic recovery in China. GIFT Nifty on the NSE International Exchange was up 0.16 percent at 19,483, as of 8:13 am IST. Both the Nifty 50 and Sensex slid two percent each over the last two sessions as Fitch's downgrade of the United States' credit rating dampened sentiment. In terms of the US markets, big tech numbers continued to be in focus. Amazon gained post numbers while Apple lost around two percent. The big cue today is the US jobs data that is due today. Estimates suggest 200,000 jobs were likely added in July, which would be the smallest rise estimated since December 2020 Asia is currently mixed. Back home, banks will be in focus. The State Bank of India will release its numbers along with the likes of M&M and Britannia. SBI will probably set the tone for bank numbers due tomorrow. Tune in to Marketbuzz Podcast for more cues ahead of today’s session 
8/4/20232 minutes, 1 second
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1068: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open lower today

There has been a significant sell off overnight as far as global equity markets are concerned.  Day before yesterday, post equity market closing, rating agency Fitch downgraded its rating on the US market. Equity markets across the globe saw a risk of sell off and this is also weighing in on the market sentiment today morning. On Wednesday, Dow Jones was down almost 1 percent, while S&P 500 was down 1.4 percnet. And Nasdaq was facing the brunt of the selling pressure, with it ending down over 2 percent in yesterday's trading session.  European markets too closed 1.4 percent to 1.8 percent lower as the sell off widened to Europe as well.  Crude oil prices until Wednesday were trading near three-month highs. However, in yesterday's trading session, they witnessed a bit of a sell off. Brent futures fell over 2 percent to $83 a barrel, WTI future is now below the $80 a barrel mark.  Indian markets too witnessed selling pressure on Wednesday, ending the session lower. Most of the indexes were down more than a percent. However,t he only respite was that in the last hour of trading, there was a brief bounce coming in the equity markets.   Today, there are a lot of important tools to keep track of. Morgan Stanley has upgraded its rating on India to 'overweight'.  Asian markets are indicating a gash and even the GIFT Nifty is indicating a gap down start.   Tune in to Marketbuzz Podcast for more cues ahead of today’s trading session
8/3/20232 minutes, 39 seconds
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1067: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely set for a subdued start, tracking global cues

There has been a siginificant development overnight that will keep equity and markets on edge throughout today's trading session. Rating agency Fitch has downgraded the US long-term rating to an AA plus from an AAA stance that they had earlier. And as far a the US finances are concerned, they have highlighted that there is a deterioration.  They have also called off significant risks that the US economy could face.  Most of Asian markets today are trading in the red and even the GIFT Nifty is indicating a subdued start as far as our own markets are concerned.  US markets yesterday ended on a mix closed. The Nasdaq cooled off almost half a percent and Dow Jones was the only index that saw a bit of green.  Crude oil prices continue to remain the joker in the pack, given the fact some profit booking was witnessed from three month high levels. However, today morning, once again, crude oil futures continued their surge upwards. Indian markets on Tuesday ended the session with minor cuts. The one particular pocket or segment of the market that continues to outperform has been the PSU pack, when you're talking about names like Coal India, NTPC, a lot of power stocks, a lot of PSU stocks, you know where the shareholding of which the government has a significant stake, has seen a significant re-rating and that trend continued yesterday.  Titan, Mankind Pharma, Hindustan Petroleum, are expected to deliver their earnings today.  Tune in to Marketbuzz Podcast for more cues ahead of today’s trading session
8/2/20233 minutes, 9 seconds
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1066: Marketbuzz Podcast with Vivek Iyer: Nifty 50 looks to extend gains amid auto sales, PMI data

We are starting August on a positive note, given that global markets have now rebounded very sharply from the 2023 lows.  Most global equity markets managed to end July with strong gains. US indices too ended July with strong gains on Monday. When it comes to the US markets, the outperformance of midc and smallcap index has been quite stark. For instance, the smallcap index Russell 2000 ended July with more than 6 percent gains, indicating sharp outperformance against a benchmarking index. European markets too are along a similar trajectory, with largely positive cues.  However, crude oil prices remain the joker in the pack, as they have gained further traction and are now trading near fresh three-month highs. Brent futures are up by over 1.2 percent to $85.4 a barrel, while WTI futures are up 1.5 percent to $81.8 a barrel. The rising crude oil prices have gone ahead and forced the government to increase the windfall tax as far as oil refineries are concerned. On another note, Indian markets ended a rangebound session with marginal gains on Monday. However, the story continues to remain that the broader end of the markets are relative to outperformers, with the midcap index at a fresh record level.  Escorts Kubota, PVR Inox, Thermax will be delivering their quarterly results today. Most auto maker are also expected to report their sales data today. Asian markets as well as the GIFT Nifty are indicating a positive start to our own markets for today';s trading session.  Tune in to Marketbuzz Podcast for more cues ahead of today’s trading session
8/1/20232 minutes, 25 seconds
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1065: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open higher, Maruti earnings in focus

We are starting the week with positive cues as far as the global markets are concerned. Equity markets have continued to remain quite resilient despite all the worries. Cues from global markets were very strong on Friday, with Nasdaq up almost 2 percent. However, in the Indian markets, the joker in the pack continued to emain crude oil prices, which gained further traction. Both benchmark titles, WTI and brent crude futures, have now seen five straight weekly gains, which continues to put pressure as far as Indian markets are concerned. Last week, Indian markets witnessed profit booking from higher levels, especially financials and IT, who were among the laggards in the week gone by. Our broader markets continue to stay relative outperformers. On Friday, IT and financial stocks witness selling pressure, with Infosys, TCS were among the top laggards. Indian markets snapped their four-week gaining streak. Going forward, it will be important to see how exactly do foreign institutional investors (FIIs) position themselves in the Indian markets. FII flows continue to remain a key monitorable, given the fact that the Indan markets rally was aided by strong FII inflows. This week, we will see over 350 companies declaring their first quarter results. The key results today include Maruti Suzuki, Power Grid, UPL, GAIL. In IPOs too, the primary market activity is quite strong. We will see two mainstream IPOs — SBFC Finance looking to mop up over Rs 1,000 crore and Concord Biotech looking to raise almost Rs 1,600 crore. Three SME IPOs too are in the pipeline for the primary and secondary market activity. Markets will take direction from the first quarter earnings as well as fund flow activity for this week as well.
7/31/20232 minutes, 28 seconds
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1064: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in the red, Bank of Japan meeting in focus

The markets witnessed a rough ride on the F&O series expiry day on Thursday, however the June expiry itself was a positive close. The Sensex fell around 40-odd points, Nifty 50 corrected over 100-odd points, the Nifty Bank index fell near 1 percent, while the midcap index outperformed and ended in the green. Foreign institutional investors (FIIs) net sold a large amount in Thursday's trading session and domestic institutional investors (DIIs) net bought over Rs 2,500-odd crore. The US markets ended lower. The Dow Jones snapped its 13-day rally. The strong Meta earnings and strong GDP numbers did not seem to enthuse the markets on Thursday. When it comes to the European markets, the ECB also hiked its rates, joining the US Fed in terms of central bank action this week. Asia is largely weak at the moment, when it comes to hiking rates. The Bank of Japan meet is in focus because there could be a discussion on long-term rates, which will be watched quite closely. The brent crude is another factor to watch out for. There has been a spike up in brent crude prices. Crude oil prices are now headed for a 5 percent weekly gain. For the Indian markets, the GIFT Nifty is indicating a weak start. There are many earnings to watch out for as well, especially from the broader markets —Bank of India, IOC, M&M Finance, Marico, United Breweries to name a few. Stock specific action will continue to be in focus and the Bank of Japan meet will be watched quite closely. Tune in to Marketbuzz Podcast for more cues ahead of today’s trading session
7/28/20232 minutes, 20 seconds
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1063: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set to open higher after Fed hikes rate

Indian benchmark indices — Sensex and Nifty 50 — are set to open marginally higher on July 27 after the US Federal Reserve hiked rates by 25 basis points as expected and reiterated its data-dependent approach to further policy tightening. India's GIFT Nifty on the NSE International Exchange was up 0.10 percent at 20,004 as of 8:12 am. Asian markets are holding up in the green despite the flat close on Wall Street in the overnight session. The United States Federal Reserve has hiked rates by 25 basis points and unexpectedly, it has kept the door open for future rate hikes as well. The next one will likely be in September. Meanwhile, back home in the Indian market, after three days of consolidation, yesterdayNifty 50 went very close to the 19,800 mark. There was some activity on the front line aided by stocks like Reliance Industries, L&T, ITC, and Tata Motors. The third cue is that the July expiry is today which the market participants will closely watch. Today’s session is likely going to be all about individual stocks. Axis Bank's bottom line looked ahead of what the Street was anticipating, but the core operating profit came in lower than projections and worse compared to other peers like ICICI Bank and Kotak Mahindra Bank. Dr. Reddys reported a pretty decent set of numbers, so the stock is likely to witness a stock reaction. Tech Mahindra was a big miss with revenue falling by more than 4 percent on a quarter on quarter basis, EBIT margin down to 6.8 percent, which is the lowest amongst the peers.  Colgate saw a good set of numbers with an all round beat. Market watchers must also keep an eye out on RBL Bank because Mahindra and Mahindra says it has acquired a 3.53 percent stake in the company and is open to acquiring more but under no circumstances will it cross 9.9 percent. Tune in to Marketbuzz Podcast for more cues ahead of today’s trading session
7/27/20233 minutes, 50 seconds
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1062: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open higher, all eyes on Fed decision

Indian benchmark indices — Sensex and Nifty 50 are likely to open marginally higher on July 26, ahead of the US Federal Reserve's monetary policy decision and key corporate earnings. India's GIFT Nifty on the NSE International Exchange was up 0.13 percent at 19,882 as of 8:02 am. On July 25, the Nifty 50 consolidated closed with minor gains. The blue chip index has overall corrected from the high of 19,992 on July 20 due to factors such as mixed corporate numbers and uncertainty ahead of the Fed Meet. As few analysts opine that India's result season has been a little disappointing, there might be some consolidation, one of the cues that might help the Nifty 50 resume. In terms of the overall global cues, the Fed continued to be in focus with US markets closing higher. Alphabet and Microsoft reported their earnings for the June 2023 quarter. Meanwhile, Asia is largely lower ahead of the Fed decision. Back home, stock-specific action continued. L&T met earnings estimates and also announced Rs 10,000 crore share buyback. Tata Motors shares recorded a 41 percent jump in revenue. The automaker announced a conversion of DVR shares to ordinary. On the macro front, the International Monetary Fund (IMF) has revised India's FY24 GDP growth forecast to 6.1 percent, which is 20 basis points higher than the April estimate. Overall, the big cues to watch out for would be earnings, the Fed meeting and also expiry due this week. Tune in to Marketbuzz Podcast for more cues ahead of today’s session
7/26/20232 minutes, 19 seconds
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1061: Marketbuzz Podcast with Ekta Batra: GIFT Nifty indicates a positive start for Sensex, Nifty 50

It was a choppy start to the week on Monday, with the markets ending largely lower in what was a muted session. The Nifty breached 19,700, the Nifty Bank slipped and the midcap index ended over 50 points lower. Foreign institutional investors (FIIs) net sold for the second consecutive day, but it was a marginal sell figure which came in from the high to around Rs 83-odd crore. Domestic institutional investors (DIIs) however bought handsomely. Earnings and global cues continue to be top of mind in terms of market cues to watch out for. The last couple of trading sessions have reacted to the earnings of HUL, Infosys, Kotak Mahindra Bank and Reliance Industries. In terms of result reactions today, Tata Steel, Shoppers Stop, JK  Paper stocks are to be watched out for. We also have Asian Paints, Bajaj Auto that will be releasing numbers today as well. Global cues seem quite supportive. The Dow Jones rallied for the 11th-straight day. Asia is in focus because China has vowed to support the property market.  Crude oil is higher on tighter supply as well as China hopes. Do watch out for brent crude. The GIFT Nifty is indicating a bit of a positive start aided by the global queues. We have the FED. ECB and Bank of Japan meets will happen this week. The US Fed meet is probably going to be the most important when it comes to global cues in the next couple of days. Hence, do watch out for any kind of movements in the global market ahead of that. Tune in to the Marketbuzz Podcast for more cues ahead of today’s session
7/25/20232 minutes, 12 seconds
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1060: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open lower, key earnings, US Fed meet in focus

Indian benchmark indices — Sensex and Nifty 50 — are set to open lower on July 24, tracking Asian peers, amid caution ahead of key corporate earnings and central bank meetings due later this week. India's GIFT Nifty on the NSE International Exchange was down 0.11 percent at 19,744, as of 8:03 am. On Friday, it seemed as though earnings set the tone in terms of the markets. The banks and the mid gaps were fairly resilient. Today, it seems as though earning reactions and global cues will be on top of the mind this week. Today, the markets will react to Reliance Industries’ financial results as per which the consumer-facing business performed well. Regarding the global cues, in the US markets, the Dow eked out a narrow gain on Friday, the 10th straight positive session. Several central bank policy meets are also due this week. The US Fed meet is on July 25 and 26 of this week. There is an expectation that this could be the last time that the US Fed could hike rates. The ECB policy is on July 27 and the Bank of Japan will also meet towards the end of this week. Tune in to the Marketbuzz Podcast for more cues ahead of today’s session
7/24/20232 minutes, 28 seconds
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1059: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open flat, all eyes on Reliance results

Indian benchmark indices — Sensex and Nifty 50 — are set to open little changed on July 21, on caution after data from the US reignited concerns of a prolonged high-interest regime, while investors awaited key domestic earnings. India's GIFT Nifty on the NSE International Exchange was up 0.09 percent at 19,876.5, as of 8:12 a.m. IST. Both the Nifty 50 and Sensex hit fresh highs for the fifth straight session on July 20, with the Nifty 50 closing just shy of the 20,000 mark. The benchmarks are on course to extend gains for the fourth week in a row, adding over 2 percent each so far. The Senex also broke about 67,500. It seems that the 20,000 mark might be a little more elusive because of cues such as the Infosys numbers, and the tech giant cut its, which will probably deter investors. The global setup is also a bit mixed. The US markets ended a mixed session. Earnings continued to be in focus such as Netflix as well as Tesla. Asia is largely in the red. Meanwhile, Nifty Bank gained over 500 points in yesterday's trading session. The markets could probably hold on to optimism because of cues coming out regarding quarterly results. While Reliance Industries earnings will be out with numbers, post markets today. Separately, RBL Bank and AU Small Finance Bank will report their numbers on Saturday, which will really set the tone for Monday. The market will also watch out for Ultratech Cement, HDFC Life Insurance with all of these numbers due for earnings in today's trading session. Tune in to Marketbuzz Podcast for more cues 
7/21/20232 minutes, 30 seconds
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1058: Marketbuzz Podcast with Reema Tendulkar: Indian shares set for flat start ahead of Reliance-Jio Financial demerger

Indian shares are set to open little changed on July 20, ahead of the demerger of Reliance Industries' financial services business and quarterly results from several top Nifty 50 firms, amid improved global cues. India's GIFT Nifty on the NSE International Exchange was down 0.02 percent at 19,837, as of 7:59 a.m. IST. Both the Nifty 50 and Sensex hit fresh highs for the fourth session in a row on Wednesday, powered by a late-session resurgence in Reliance Industries and financials on strong earnings. Meanwhile, global markets ended in the green, the Dow and the S and P 500 gained about a quarter of a percent. Back home, the domestic markets took off in the last hour of trade and the Nifty and the Sensex gained for the seventh day in a row hitting record-high levels. Today is likely going to be a lot about individual stocks because there are many big earnings in the large-cap and midcap space due today. The monsoon session of Parliament also begins today. The stock which will grab all the attention in the morning is going to be Reliance Industries because the price discovery for Jio Financial services will take place today. And after that Jio Financial Services till it gets listed will be a part of the Nifty and the Nifty is going to have 51 stocks. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
7/20/20233 minutes, 48 seconds
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1057: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open in the green today

The global set up is positive today morning, The Dow Jones gained 1 percent for the seventh day in a row. The Asian market picture is broadly higher. The Nikkei is up more than a percent, the Taiwan, South Korean markets are also in the green. But Hang Sang continues to remain under pressure. As the economic data from China over the weekend has been downbeat, it is putting pressure on the growth expectations. The GIFTY Nifty is also suggesting a higher start today. Yesterday, the markets opened up pretty well. The Nifty Bank was at an all-time high level, the mid cap index notched up a record, the small cap index was at an 18-month-high. But then some profit booking set in in the second half of the trading session and the markets were consolidating. Experts we have spoken to indicated that this is not a trend reversal. It’s just healthy time correction, profit booking, which happens after a fantastic rally, which we have witnessed over the last couple of days. In terms of flows, the DIIs sold Rs 1300 crore in the cash market, the FIIs net bought Rs 2100 crore. In earnings reaction, IndusInd bank, HDFC Bank and Federal Bank have reported their numbers. HDFC Bank’s earnings were steady on all parameters, Federal Bank’s were a bit of a miss on the margin, but the other parameters looked go. And IndusInd Bank too has reported numbers in-line with Street estimates. It's a steady showing by Indecent Bank and Morgan Stanley today has raised the target price to Rs 1800 per share. Meanwhile, L&T Tech reported a big miss on revenue and ICICI Lombard reported a miss on the profitability and that is on account of higher losses due to the cyclone. Keep your eye out on the block deals. Rallis -- Yesterday, Tata Chemicals bought nearly a 5 percent stake, Rekha Jhunjhunwala sold a 5 percent stake IFC has announced it will be investing Rs 958 crore in Federal Bank, with this their stake in the bank will rise to 8.1 percent compared to the previous 4.1 percent. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
7/19/20235 minutes, 14 seconds
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1056: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open higher today

The GIFT Nifty is suggesting a higher start to today’s trading session. The momentum has firmly been in the hands of the bulls. Yesterday, both the Nifty and Sensex scaled another record high session. New day, new records. Yesterday, 19,700 was taken out with ease in the last one hour of trade. Meanwhile, flows appear to be fairly muted. The FIIs bought Rs 73 crore, while the DIIs net bought Rs 64 crore. In the first half of the trading session on Monday, IT was dominating – Infosys, TCS, Wipro, HCL – these were stocks at the high point of the day. In the second half of the trading session, profit booking set in in frontline IT names – Infosys and TCS. HDFC Bank reported a steady set of numbers. The stock has been an underperformer as versus private sector banks over the last three years. And the stock took off. It powered. Even in the other names – SBI, Kotak Mahindra Bank – also did quite well by the close of trade. Consequently, the markets conquered the 19700 mark. Today you have got the Fin Nifty expiry and important numbers from ICICI Lombard, ICICI Prudential, L&T Tech, IndusInd Bank and Polycab. A word in the global market is slightly higher. The Dow Jones was up 2.5 percent, the S&P 500 adding 4.5 percent, the Nasdaq gaining close to a percent. But it’s a big week of earnings even in the United States. Tesla, Netflix, Goldman Sachs, Morgan Stanley and Bank of America. In terms of individual stocks that you should keep on your radar, there are three IT stocks. One of them is Infosys, which has announced that they have entered into an agreement with an existing client to provide AI and automation-led development, modernisation and maintenance. The total client target spend over the next five years is estimated to be $2 billion. LTIMindtree came out with its first quarter numbers, soft. The constant currency revenue growth is just up 0.1 percent quarter-on-quarter, lower than expectations. Tata Elexi’s growth has slowed down, with constant currency revenue growth at 1.2 percent, its margin are down around 20 bps quarter-on-quarter, but 300 basis points from last year. There has been a slowdown in transportation, one of its key verticals, which witnessed a softer growth. There is a big deal taking place in the mattress space. Sheela Foam has approved the acquisition of Kurlon. It will be acquiring a near 95 percent stake in Kurlon Enterprises for Rs 2,150 crore. Amara Raja is going to see a very large block deal today. Claros ARBL will be looking to exit their entire 14 percent stake, with a floor price set at Rs 51 per share at a 5 percent discount to where the stock closed yesterday. Federal Bank should be on your radar because its subsidiary FedFina has finally announced that it will filing their DRHP for an IPO.
7/18/20235 minutes, 17 seconds
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1055: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 may open flat, HDFC Bank, LTI Mindtree results today

Indian benchmark indices — Sensex and Nifty 50 — are likely to open little changed on July 16 after hitting record highs in the last trading session on July 14. This on the hopes of the US Federal Reserve pausing its rate hiking cycle while weak China data remained an overhang. India's GIFT Nifty on the NSE International Exchange was up 0.09 percent at 19,636.5 as of 8:11 a.m. HDFC Bank will announce its results for the April to June 2023 quarter, and JSW Steel followed by Reliance on Friday. Meanwhile, the global setup continues to be very positive. US economists are calling it a goldilocks scenario because inflation is trending down while the labour market continues to be resilient. Economists who expected a recession in the US economy towards the end of the year are saying that now the base case is that the recession may be pushed forward to next year, the early part of next year and it could be a soft landing. The US economy is truly resilient to absorb the more than 500 basis points of rate hikes that we've seen so far in the last 12 months and it's not going to tip it into a very deep and severe recession. Back home, after spending a week consolidating a band of 19,300 to 19,500 the markets convincingly broke out. The Nifty 50 scaled to an all-time high of 19,550 mark HDFC Bank, will report its earnings numbers for the June 30 ended quarter. The stock has a 29 percent weight on the Nifty Bank. Other companies due to post their earnings include LTI Mindtree and Tata Elxsi. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
7/17/20234 minutes, 39 seconds
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1054: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open higher, IT and oil stocks in focus

Indian benchmark indices Sensex and Nifty 50 are likely to open higher on July 14 even as there seems to be some slight worry given the selling pressure seen in the last hour of the trading session yesterday. The pullback was quite significant with the last session selling pressure taking the Nifty 50 lower quite significantly. The Nifty 50 ended near the flat line. As far as the global industries are concerned, the US market ended well in the green. In fact, the NASDAQ gained over a percent and a half, seeing the highest close since April 2022. European markets ended with strong gains continuing their rally up almost over 0.7 percent. Crude oil prices, however, gained further traction. Crude oil prices are trading at a fresh three month high with Brent futures yesterday gaining over a percent and a half to the $81.36 a barrel mark. Back home, banking stocks have been performing poorly compared to the rest of the market. On the other hand, a surprise pocket of out the performance was seen from the Nifty IT index with TCS and HCL Tech. Despite muted results, the tech stocks closed with gains while the metal pack was one that saw significant gains as well. Another key thing to watch out for is the Asian markets, which were lending a helping hand this morning and the GIFT Nifty indicated a slightly positive start for the domestic markets. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
7/14/20232 minutes, 21 seconds
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1053: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set for a gap-up start, TCS and HCL Tech in focus

The US market rally extended as the June CPI data was a lot softer than what analysts were anticipating. This has reduced chances of significant rate hikes as far as the US fed is concerned, which led to a rally in equity markets. The NASDAQ popped over a percent in yesterday's trading session. Even the European indices ended with strong gains yesterday.  However, crude oil prices too gain further traction, Brent futures for the first time since May went up over the $80 a barrel mark gaining close to a percent in yesterday's trading session. Meanwhile, the Indian markets in the last hour of trade yesterday witnessed a significant pull back from the day's highs. The last-hour trade of course was impacted by the index re-balancing flows as HDFC Limited bowed out of the bourses yesterday, before the corporate action where the company got merged with the HDFC Bank. We did see the Nifty IT index underperform. Today, all eyes will be on IT  stocks as we had two major results that came in post-market hours yesterday, with both TCS and HCL Tech. It has been a muted start for the first quarter results from the technology sector.  On another note, the core continues to remain sticky, while the IIP data was quite strong wth industrial production remaining quite robust.  Today, some of the key results to keep an eye out for include Wipro, Central Bank.  The GIFT Nifty is indicating a gap-up start for the Indian benchmark indices. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
7/13/20232 minutes, 13 seconds
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1052: Marketbuzz Podcast with Vivek Iyer: Sensex and Nifty 50 set for flat open ahead of inflation data, TCS and HCL Tech earnings

Indian benchmark indices — Sensex and Nifty 50 — are set to open little changed on July 12, with investors eyeing both domestic and US inflation data for June as the quarterly results season kicks off. India's GIFT Nifty on the NSE International Exchange was down 0.01 percent at 19,535.50, as of 8:00 am. All eyes are on India's inflation print, due after market hours. A Reuters poll of economists showed that retail inflation likely snapped a four-month decline in June due to rising food prices. The overnight cues from both US as well as European markets are quite positive. US markets extended the rally with all indexes ending with positive gains while the European indexes supported the rally. They too ended with mild to marginal gains. However, crude oil prices yesterday jumped to a 10-week high with Brent futures up almost 2.5 percent to the $79.4 a barrel mark not coming closer to the Indian markets. Meanwhile, the Nifty continued to move up mainly aided in the last two trading sessions by the strong gains in Reliance Industries. The stock surged to a fresh 52-week high almost single-handedly taking the Nifty higher with it. Agro-chem majors have been given guidance cuts and have also been saying that 2024 could be a bit of a washout in terms of the demand that they are expecting. The consumer price inflation and the industrial production data are due today and it will be interesting to see the kind of numbers that come out as markets take further cues from there. The focus will also be on Tata Consultancy Services (TCS) as well as HCL Tech, both are due to report their earnings for the April to June period. Also, HDFC Limited is set to get delisted tomorrow following the HDFC Bank merger that came into effect on July 1. Therefore, today the market is likely to witness significant index rebalancing flows as Nifty, Sensex, and Nifty Bank, all of them will see changes in constituents. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
7/12/20233 minutes, 8 seconds
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1051: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set for a positive start to today's trading session

Well, we're actually looking at quite a positive set of overnight cues, both from the US as well as the European markets. Asian markets too are in the green and the GIFT Nifty is also trading in the green, indicating a positive start for our own markets today morning. Overnight, most US markets ended in the green. Dow Jones ended over 0.6 percnet higher and US indices managed to snap a three-day losing streak. European indices too ended with marginal gains, while crude oil prices slipped over a percent in Monday’s trading session to the $77.69 a barrel mark. Meanwhile, the Indian markets on Monday witnessed a strong opening. They saw some further buying. However, there was a significant selling pressure in the second half and the markets managed to only end near the flatline and didn’t see significant gains. Advanced decline ratio, as far as the broader markets were concerned, were something that were skewed towards the decline or towards the laggard. This ensured that the broader markets underperformed the benchmark index. Reliance Industries was one of the top Nifty gainers. It aided the market’s up move, given its high weightage in the Nifty index. Reliance’s outperformance actually marked the underperformance of quite a few stocks within the Nifty from other stocks as well. Yesterday, the metal pack too witnessed a lot of buying interest. It will be interesting to see if that interest can sustain today. The record date for the mega impending merger of HDFC Limited and HDFC Bank has been to set to July 13. HDFC Limited, which is a part of many key indices such as the Nifty, Sensex as well as passive indices such as the MSCI, etc, will be deleted from these indices. According to the merger ratio, HDFC Limited shares would now be transferred to HDFC Bank shares. So you will see changes coming in tomorrow in Nifty, Sensex, etc. Two names to watch out for – LTIMindtree which come in place of HDFC Limited in the Nifty and JSW Steel will be replacing it in Sensex. Tune in to Marketbuzz Podcast for more cues and news to track ahead of today’s session
7/11/20232 minutes, 44 seconds
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1050: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open in the green today

Indian markets continue to be an outlier as far as global equity markets are concerned. While most of the global equity markets are seeing a pullback from the recent record rally that's been set worldwide in equity markets, Indian markets continue to display their strength even in the week gone. In the week gone by, the US markets ended with cuts on Friday, while the European markets ended with gains, following steep cuts in the previous sessions. However, the handover has been slightly muted. Also, given the fact that oil prices are a bit of a bump up as far as Friday is concerned. The Indian markets have a lot of cues to watch out for. The markets did see a significant sell-off on Friday. However, despite Friday’s steep fall, the Indian markets have ended with gains of over a percent in the week gone by. This continues to indicate that the bulls are in firm grip at this point of time. The Asian markets today did see a muted start, but have recovered since then. GIFT Nifty is indicating a positive start. When it comes to primary market activity, new listings have seen a tremendous surge and Ideaforge was one. It is a key example where the stock almost doubled on the listing day itself. Today, we will see the listing of Cyient DLM and its subscription was very strong. The other key data point would be to watch out for the monthly mutual fund data. AMFI will be releasing the June mututal fund data and the SIP numbers especially will be something that the markets will be keenly anticipating. Lastly, the results season will kick off this week, with TCS and other tech majors reporting their numbers.
7/10/20232 minutes, 40 seconds
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1049: Martketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in the red

The trading session on Thursday was definitely a very good one for the Indian benchmark indices. The market surged to another record high. The Nifty has now posted a record close for the sixth-straight session, extending its gaming streak to eight consecutive sessions and has rallied 865 points in eight sessions and has crossed 19,500 on an intra-day basis yesterday. The midcaps outperformed, with the advanced decline ratio steady at around 2 to 1 on a year-to-day basis. The midcaps have given returns of around 15%. All the gains came in on Thursday despite caution over the FOMC minutes. FIIs continued to buy into the Indian equity markets. They bought around Rs 2,641 crore in yesterday’s trading session. DIIs however sold Rs 2,351 crore. Today, the set up in the global space seems weak because the US markets closed in the red. Asia is largely weak at this point in time reacting to the US markets. Meanwhile, the GIFT Nifty is indicating a bit of a flat start. It seems as though India is de marketing itself and moving away from what the global markets are doing, whether or not this trend continues is something that the Street will watch out for. As of now, we have a couple of important cues such as the healthy FII flows, the monsoon progress, Q1 progress from companies, which seems to be aiding momentum. 1:49Remember we also have updates from consumer facing companies such as Titan, Dabur, etc, All these stocks would be in focus in today's trading session. The other big queue is the US non-farm payrolls data as well as the unemployment data, which are due today and which we will be reacting to on Monday. Tune in to Marketbuzz Podcast for more cues and news to track ahead of today’s session
7/7/20232 minutes, 27 seconds
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1048: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely set for a muted start

On Wednesday, we did have the frontline indices consolidate and the midcaps outperform. But, the Nifty still posted a record close and the midcap index was also at a record close in Wednesday’s trading session. The momentum was intact because we had 52.8 percent of the stocks which advanced in yesterday's trading session. India's market capitalisation hit a record high crossing Rs 300 lakh crore for the first time ever.Foreign institutional investors (FIIs) continued to pump in money and they bought around Rs 1,603 crore in yesterday's trading session. In terms of the global markets, the FOMC minutes pointed to a rate hikes at a slower pace. The US markets which closed marginally lower, Asia which is weak and the GIFT Nifty which is indicating a marginally lower start as well. Brent crude did see a marginally up move. Brent and crude are trading around $76 per barrel Other things to watch out for include the financials, where the Wednesday’s fall was led by the weakness in the HDFC twins post the Q1 updated of the merged entity. However, we did have the Nifty PSU bank index which outperformed and was up around 1 percent on Wednesday. Do watch out for continued gains in the broader markets. On Wednesday, 65 percent of the stocks advanced in the BSE 400 mid and small cap index in Wednesday's trading session. It is also the Nifty 50 weekly options expiry today. Tune in to Marketbuzz Podcast for more cues and news to track ahead of today’s session
7/6/20232 minutes, 8 seconds
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1047: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 may open flat; all eyes on Fed minutes

Indian benchmark indices — Sensex and Nifty 50 — are likely to open little changed on July 5 amid caution due to concerns of escalating trade conflict between the US and China, and as investors await the US Federal Reserve's June monetary policy meeting minutes. The momentum, however, continues for the domestic markets considering that the markets hit a record high for the fourth consecutive day. In terms of global markets, the US markets are closed on account of Independence Day. Asia, however, is largely lower due to services activity slowing both in China as well as Japan. Brent crude is hovering at around $75 per barrel. Indices and queues to watch out for include midcaps that are underperforming while financials are outperforming. In the US, investors await the minutes of the Fed's June policy meeting, due at 11:30 pm tonight, for cues into the monetary policy trajectory. While recent data after the June Fed meeting signalled moderation in inflation, the odds of a 25 basis points rate hike in its upcoming July 26 meeting stood at 86.2 percent, according to Reuters. Tune in to Marketbuzz Podcast for more cues and news to track ahead of today’s session
7/5/20232 minutes, 8 seconds
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1046: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to continue gaining streak

Indian equity benchmark indices — Sensex and Nifty 50 —  are likely to extend their gaining streak to the sixth day in a row on July 4, after a stellar five-day run. The structure and momentum seem intact for the domestic market after it closed at a record high for the third straight session. Overnight, the US markets eked out small gains in what was a truncated session. Asia, meanwhile, has largely fallen ahead of the Australian rate decision. Oil is at around $74 per barrel, which rallied on Saudi Arabia and Russia supply cuts in August. There is not much in terms of cues coming in for the global markets, but the markets will be watching out for the Federal Open Market Committee (FOMC) minutes that are due this week. Overall, it seems as though the structure remains positive and the Nifty may attain highs at a steady pace. Tune in to the Marketbuzz Podcast for more news and cues ahead of today’s session
7/4/20231 minute, 40 seconds
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1045: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open in the green

We are all set to begin trading for the second half of 2023, with the first half being extremely strong for equity markets despite multiple worries of a US-led recession and also spiralling interest rates. Now, when you're talking about the first half of 2023, US markets were very strong with the Nasdaq gaining over 31 percent for the first half of the year. And even June-end has been very strong with the US markets, giving a very strong handover for the rest of the globe. European indices too were very strong and the oil prices managed to go ahead and post the fourth-straight quarterly decline. Coming to the Indian markets, all of the frontline indices have ended at record highs and are trading near record highs. Another very big development today is the fact that the SGX Nifty that we used to allude to earlier has moved to Gujarat Gandhinagar and will be known as the GIFT Nifty. The GIFT Nifty is now indicating a very strong start for our markets for the second half. Another important thing to note is that in the second half of this year, it is important to note if this particular rally that we are seeing sustains or not. Last week, the pharma stocks, AMC stocks were some of the top gainers. The key question is can the rally sustain post-Q1 results? The cues to watch out for in today;s trading session includes auto stocks, as the auto majors such as Maruti, Tata Motors, Hero MotoCorp, etc, delivered their sales numbers for the month gone by; quarterly updates from companies such as UltraTech Cement, CSB Bank, etc are expected to be quite positive. Primary market activity will continue to remain in focus. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
7/3/20232 minutes, 49 seconds
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1044: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely headed for gap-up opening

Indian benchmark indices — Sensex and Nifty 50 — are likely headed for a gap-up start on June 30 as SGX Nifty was trading with a premium of more than 110 points from Nifty Futures Wednesday close. The futures and options contracts July series will begin today as the Indian markets resume after a short one-day break. Overnight cues remained positive in the US markets as the economy’s first quarter GDP came in very strong at 2 percent. Back home, the day before yesterday's trading session was a historical day as the Nifty 50, Sensex and Nifty Bank indices touched fresh all-time highs. The momentum is extremely strong and as the broader end of the markets advances out, continuing to outpace declines, the number of stocks near all-time highs, near 52-week highs is at an all-time high as well. A couple of very large block deals came in, especially in the Adani group stocks. The important cues to watch out for primary market activity remain quite strong today as another company called PKD Ventures would be open for subscription. Today is a large day to subscribe to the Cyient DLM IPO. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/30/20232 minutes, 10 seconds
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1043: Marketbuzz Podcast with Vivek Iyer: Nifty 50 eyes record high again

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on June 28, following gains on Wall Street after witnessing broad-based buying in the previous session, with the benchmark blue chip Nifty 50 inching towards an all-time high. India's NSE stock futures listed on the Singapore Exchange were up 0.25 percent at 18,858, as of 08:08 am. The Nifty 50 is less than half a percent shy of its all-time high level. On Tuesday, there was a very sharp surge in both the HDFC Bank and HDFC Limited on the back of comments from Deepak Parekh that the merger is now nearing and the company had decided on the record date as well. On the back of that, there was also a significant surge in names like LTI Mindtree and JSW Steel, given they could be likely candidates that could come into the Nifty. Meanwhile, the derivatives June series contracts is expiring today. So, some volatility can be expected towards the latter half of the trading session. The US market, on the other hand, bounced back from the previous day's lows and in fact, the tech stocks that bore the brunt of selling pressure, actually led the US markets higher. Back home, the Securities and Exchange Board of India (SEBI) board meeting is scheduled today to discuss the proposed total expense ratio changes, the FPI disclosure norms and the mutual fund total expense ratio. All of this will have a significant impact especially in the mutual fund universe and a few listed stocks from the mutual fund space. Tune in to Marketbuzz Podcast for more cues and news ahead of today’s session
6/28/20233 minutes, 25 seconds
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1042: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to make muted start

Indian benchmark indices — Sensex and Nifty 50 — are seen opening marginally higher on June 27 after trading in a narrow range in the previous session, as investors look for new triggers, while interest rate worries are likely to keep investors on edge. There is also a slightly mute clip of a handover from the global markets, especially the US market. While most of the US markets ended in the red, the NASDAQ was a cause of worry as the tech-heavy index fell by over a percent. As the tech sell-off continued, Tesla went down over six percent as Goldman Sachs downgraded this stock and NV shares too fell over 3.5 percent in the trading session yesterday. Meanwhile, back home, the Nifty 50 now needs to hold on to its 20-day exponential moving average which is around the 18,650 level. Resistance is being seen where the Nifty is trying to breach the higher level. While the overall markets were quite muted, there was significant action in the primary markets where the ideaForge Technology IPO got fully subscribed within two hours of opening for subscription already. It is subscribed over 3.5 times. The shares of Cyient will be in focus as one of the company’s subsidiaries Cyient DLM will be opening its IPO for subscription today. Tune in to Marketbuzz Podcast for more cues and news to track in today’s session
6/27/20232 minutes, 5 seconds
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1041: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set for a muted start after Russia turmoil

Indian benchmark indices — Sensex and Nifty 50 —  were set for a muted open on June 26, on the heels of their first weekly loss in over a month, as crude prices rose on supply concerns after a short-lived mutiny by mercenaries in Russia. India's NSE stock futures listed on the Singapore Exchange were up 0.02 percent at 18,718, as of 07:48 am. Last week, the blue-chip Nifty 50 index consolidated just shy of record levels, while the S&P BSE Sensex eased after hitting an all-time high, weighed down by hawkish central bank commentary. The US market slipped on Friday with all of the three indices ending low between 0.5 to 1.2 percent. The dollar index sped toward the $103 mark. However, it must be noted markets are seeing a bit of profit booking from actual record closing levels and the Nifty 50 coming within a point of a record high in last week's trading session. The small-cap and mid-cap indices also saw some profit booking during the week. The next support for Nifty 50 is seen as a 20-day exponential moving average at 18,642. Last week, the Nifty broke four weeks of consecutive weekly gains to end low by close to percent. Also, this will be a truncated week as the market will be closed on June 28. Three IPOs will open up for subscription this week including Ideaforge Technology, Cyient DLM and PKH Ventures. Tune in to Marketbuzz Podcast for more cues and news ahead of today’s market session
6/26/20232 minutes, 19 seconds
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1040: Marketbuzz Podcast with Sonal Bhutra: Sensex, Nifty likely to open in the red

The global markets are quite mixed. We got a mixed handover from the US markets. The S&P and Nasdaq snapped their three-day losing streak. While Dow Jones was absolutely flat with some negative bias. Apple hit fresh new highs, so definitely something to track as far as the technology space is concerned.  Asian markets are mixed yet again. Hang Seng is down 1.4 percent, Taiwan and China are shut for a holiday. But we do have Nikkei which is higher in trade today. Now core inflation numbers in Japan reported came in at 3.2 percent versus an estimate of 3.4 percent. Inflation in Japan is still above Bank of Japan's target of 2 percent.  Bank of England hiked rates by 50 basis points versus an estimate of 25 basis points. This is the 13th-consecutive rate hike from Bank of England. So central bank action continues to be taking the centre stage yet again.  As far as our own markets are concerned, Indian markets closed at the day's low after a lot of volatility. On Thursday, we were just one point away from the record high, but we could not attain that. Sensex was down 363 points from the record high levels of 63,602. It did hit a record high. Mid cap index nabbed its eight day winning streak. Nifty did get some support from the HDFC twins that is HDFC Bank and HDFC but Reliance was the one which acted as a drag.  Now the immediate Nifty spot is at 18,757 and if we talk about Nifty Bank, it has been consolidating at the 20-day exponential moving average and it has just been hovering around those levels. So a breakout from your will be a key to track as well.  FIIs sold Rs 693 crore in cash yesterday, DIIs bought Rs 219 crore. So flows are also in favour of a sell figure right now. So it is important to track because the SGX Nifty is indicating that the start could be in the red, 14 points lower, could be muted to a flattish start for our own markets. Tune in to the Marketbuzz Podcast for more cues and news ahead of today’s session
6/23/20236 minutes, 21 seconds
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1039: Marketbuzz podcast with Sonal Bhutra: Global markets indicate an opening in the red for Sensex, Nifty

We are seeing some negative cues coming in from the global markets today, June 22, 2023. US markets fell for the third-straight day and this was fuelled by the fact that US Fed chair spoke about more rate hikes by the end of this year, pouring some cold water on expectations that the era of tightening was at least over for now, but it hasn’t. The futures are flat right now, but we do have Asian markets largely shut in trade today. Hang Seng, Taiwanese index and Chinese market are shut for a holiday, but Nikkei and Cosby are higher in trade. This is something we are tracking closely. SGX Nifty is indicating that the start for our own markets could be in the red. So very close to record high, but this testimony from Jerome Powell is something that could keep the market moves under some lid. The Bank of England will announce its policy decision today, an important event to track as well for our own markets. Meanwhile, on Wednesday, we posted record close, led by HDFC HDFC Bank, TCS, and Reliance. All these heavy weights, Sensex, Nifty and midcap index ended at record closing highs and midcap index posted record closes for the 12th-straight session. Major buying was seen in financial services, especially the NBFCs. So now at this level, the immediate support for Nifty is at 18800 and the immediate resistance is at 19000. So if Nifty crosses that level, there could be some more rally above these levels. Nifty midcap 100 and small cap 100 gained for the eighth-straight session, so that continues to be in focus as well. The broader markets are doing well on the benchmark, there could be some pause today in terms of a rally because the global markets are suggesting the same. Tune in to the Marketbuzz Podcast for more cues and news ahead of today’s session
6/22/20232 minutes, 16 seconds
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1038: Marketbuzz podcast with Sonal Bhutra: Sensex, Nifty likely to open in the red tracking global market cues

As we begin a fresh new day, the cues we are getting from the US markets are weak, with both Dow Jones and S&P 500 down. After witnessing a stellar rally last week and a holiday on Monday, the US markets have made a comeback, but on the negative side. Asian markets are also lower as Wall Street has a seen a cool off in its rally. Hang Seng is down 1.5 percent, we have the Taiwanese index lower as well. Most of the Asian markets are lower in trade today. The SGX Nifty too is indicating a start in the red for our own markets right now. It is indicating a cut of around 20 points now for our own markets. For our own markets, Tuesday was a stellar rally from the lows, especially in the second half recovery which helped Nifty close at the day. The high midcap index continues to outperform as it ended at a record high for the second-straight session. IT stocks and Reliance Industries led to the Nifty gains on Tuesday. Now, the Nifty resistance is seen at 18,850 to 18,900 and support for the Nifty is seen at 18,700. Even Nifty Bank recovered 421 points from the lows to 43,767. Now, Nifty Bank’s 20-day moving average is at 43,967 is the immediate resistance. This will be an important level to watch out for as well. In terms of fund flows, domestic institutional investors (DIIs) net bought Rs 19072 crore, while foreign institutional investors (FIIs) sold the same amount in cash markets. So there is some selling, which has come by some profit taking, maybe after the run that we’ve seen very close to record high levels. But, we’ll have to see it looks like it could be another day in seeing some dips. Tune in to the Marketbuzz Podcast for more cues and news ahead of today’s session
6/21/20232 minutes, 12 seconds
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1037: Marketbuzz podcast with Sonal Bhutra: Sensex, Nifty 50 likely to open in the red

This morning, there were no cues coming in from the US markets as they were shut for a holiday. However, Asian markets are in focus as China has cut its five-year loan prime rate by 10 basis points and one-year loan prime rate by 10 basis points to 3.55 percent. This comes in after the Chinese Central bank had cut key interest rates last week itself. Japanese stocks too are in focus as Berkshire Hathaway have raised stakes in five trading firms, all of them higher in trade right now. But if we look at the benchmarks or the headline index, like Hang Seng, is low in trade. SGX Nifty too is indicating that the start for our own markets could be in the negative, yet again, a 50-point downtick is what it is indicating. As far as our own markets are concerned there was an expectation of record highs. Nifty opened higher but saw profit booking from those levels, closed lower by 70 points. PSU Banking index, IT and financial services were the top gainers on Monday. In fact, even India VIX< which is the volatility index, was up 3.5 percent in Monday’s trading session. The defence sector continues to be in focus, on the back of Prime Minister Narendra Modi's US visit. Some of these stocks continued to make new highs on Monday as well. Today, is where there is some there is some news related to inflows that have come by. Bank Nifty, which has been trading around the 20-day exponential moving average, its resistance comes at 44,050 support comes at 43,400. Meanwhile, the Nifty support is at 18,600.It is a very crucial level to watch out for. If it breaks below that, we could see further pressure on the benchmark index, but looks like it is expected to be a negative start for our own market. Tune in to the Marketbuzz Podcast for more cues and news ahead of today’s session
6/20/20232 minutes, 18 seconds
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1036: Marketbuzz Podcast with Sonal Bhutra: Sensex, Nifty 50 set for a muted start tracking global market cues

This is a fresh new trading week and the cues for today are taking cues from last week when Nifty50 closed high for the fourth consecutive week and gains in financials and FMCG-led markets higher. Sensex, Nifty and midcap closed at intra-day highs on Friday's trading session and Nifty is now just 61 points away from its all-time high of 18,887.6 points. Now the big question of course, this week is will the Nifty be able to reclaim its new high? The midcap index too was up 3 percent for the week. It hit its record high, four out of the five trading sessions. Nifty FMCG was up 3.5 percent last week and hit record high, three out of five trading sessions. Let's talk about some flows. In June, foreign institutional investors (FIIs) have bought Rs 6900 crore in cash, so far. Domestic institutional investors (DIIs) have net bought Rs 4,330 in cash. And the key levels to watch for Nifty. On the support side or the downside it’s 18650 to 18700. Resistance is at 18,950 to 19,000. These will be important levels to watch apart from the fact that we are tracking whether Nifty scales its record highs or not. Last week, US markets they closed lower. US markets will be shut today for a holiday. So we won't be getting those cues tomorrow. Japanese markets are mixed. Hang Seng and Taiwanese index are lower right now. Japanese markets are hovering around the 33-year-highs and yen is at a 15-year-low versus the euro after Bank of Japan's decision. SGX Nifty is absolutely flat. So, these cues are a little difficult to read. However, Nifty levels will be tracked closely today. Tune in to the Marketbuzz Podcast for more cues and news ahead of today’s session
6/19/20232 minutes, 12 seconds
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1035: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set for a positive start tracking global market cues

There was definitely a bit of caution on Thursday after the US Fed’s hawkish comments.So, the Nifty and Sensex were profit booking. After three days of gains, the Nifty nifty failed to hold on to 18,700. Financials were under pressure. Bank Nifty saw an over 500 points cut in the index. Midcaps saw more strength, so the midcap index was at a record high and continued to gain in terms of global cues. We also had the ECB policy outcome. It did hike rates by 25bps.Europe closed slightly lower. The US markets continued to show strength and closed higher. It was the highest levels intra-day levels that the US markets have seen since April 2022. Asian stocks were mixed. SGX Nifty was indicating a positive start. In terms of flows, the net bought Asia mixed SGX indicating a positive start in terms of flows, the FIIs net bought over Rs 300 crore. The Axis Bank block deal was a part of the flows. We are likely to continue seeing stock specific interest in our markets. Also watch out for the FTSE index changes which come into effect from today's market close. India could receive net inflows of around $250 million to $270 million.  Tune in to the Marketbuzz Podcast for more cues and news ahead of today’s session
6/16/20231 minute, 49 seconds
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1034: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 headed for subdued start after Fed rate pause

India’s benchmark indices — Sensex and Nifty 50 — are likely headed for a subdued start on June 15, as SGX Nifty indicated this morning after the US Federal Reserve decided to keep interest rates unchanged. Also, as expected, the Fed paused but was a hawkish pause. It seems to be undecided about July but has indicated that there are more hikes ahead. Meanwhile, the US markets are a closed mix. There are other global queues too to watch out for. For example, China has cut its key policy rates for the first time in 10 months because the economic data not meeting expectations. New Zealand, on the other hand, slipped into a technical recession. GDP was down 0.1 percent in the March 2023 quarter and the previous quarter was revised lower as well. Asian markets were mixed at the time of recording the podcast. In the domestic market, the Nifty 50 scaled above 18,750 for the second consecutive day. A couple of key factors to watch out for include the Bank Nifty considering that it underperformed in yesterday's trading session and metal stocks considering China factors. Tune in to the Marketbuzz Podcast for more cues and news ahead of today’s session
6/15/20232 minutes, 10 seconds
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1033: Marketbuzz podcast with Ekta Batra: Sensex, Nifty 50 likely to open in the green ahead of US Fed decision

It was a good day of trade on Tuesday, ahead of the big cues. The Nifty scaled 18,700. The India CPI, steady global cues, lower crude prices, aided sentiments. The US inflation data came in at 4 percent for May, which is at an over two-year low, which also boosted sentiment in terms of what the US Fed could do. Hence, US markets closed higher, Asian markets are largely higher at this point and the SGX Nifty is indicating a bump up as well. Well, all will now be on the US fed decision today. The expectation is that it will skip a rate hike. The Street is anticipating a 90 percent chance that the US Fed will not hike rates. The US Fed has implemented 10 consecutive rate hikes over the past 14 months. Interest rates in the US are now at the highest level in 16 years. Back home, the broader market out performance will be something that the Street will watch. The midcap index is at a record high. It rallied around 1.8 percent on a week to date basis. The small cap index is up around a 1.5 percent on a week-to-date-basis. The FIIs have net bought around Rs 1677 crore in Tuesday’s trading session. This is after two consecutive days of selling. The DIIs have net sold around Rs 203 crore. These are some of the market cues to watch out for today. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/14/20231 minute, 47 seconds
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1032: Marketbuzz podcast with Mangalam Maloo: Sensex, Nifty 50 likely to open in the green tracking global cues

Let’s begin with what the cues were overnight. Wall Street saw a strong close, with Dow Jones ending 0.5 percent up, S&P 500 up almost 1 percent, while the Nasdaq continued to march forward. Nasdaq was up 1.5 percent, led higher by Apple. After it unveiling the Vision Pro last week, the Apple stock has been on the tear. Yesterday as well it hit a fresh all-time high with the market cap of the tech major nearing almost $3 trillion. That’s not all, we have a lot of data to watch out for this week. Starting with tonight itself. All eyes will be on the US May inflation data where you're expecting 4 percent inflation in May, which would be an increase of 40.1 percent month-on-month. This is extremely important largely because the US Fed meet outcome is contingent on the way. The Nifty has been ranged around 18,600-mark.The important part is that we found resistance at levels closer to 18,700, whereas support has come in as low as 18550 itself. Meanwhile, the FIIs sold for the second day in the cash market on Monday and sold around Rs 627 crore. Domestic institutional investors bought around Rs 1800-odd crore. There is nothing really to worry about, but a trend that we have to monitor closely. Today is also a Tuesday, which means it is the Nifty financial services expiry today. In the last hour, we will watch out for HDFC twins. Watch out for ICICI Bank and Bajaj Fiserv. These stocks account for the major rate on the financial services index. The Nifty Bank closed mildly below its 20-day moving average of 43980, so that’s a level we expected to cover in the first hour of trade itself. Whereas the Nifty will find firm support at 18454, which is its 20-day moving average. In terms of stocks to watch out for, keep an eye out on the oil marketing companies and the oil companies as Brent slipped to $72 overnight. But importantly, watch out for Zee as the SEBI has barred Subhash Chandra and Punit Goenka to hold any key managerial position in the company. Does that change things for the Sony-Zee merger or not? It’s something we'll be watching out for. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/13/20233 minutes, 34 seconds
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1031: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open higher amid rising bets of Fed rate pause

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on June 12 as rising bets of a rate pause by the US Federal Reserve aided sentiment, ahead of domestic retail inflation data later in the day. India's NSE stock futures listed on the Singapore Exchange were up 0.37 percent at 18,679.50, as of 7:57 am. On Friday, Wall Street equities closed at new highs for 2023 on rising odds of a rate hike pause by the US central bank in its upcoming meeting on June 14.  Back home, the Indian market closed with minor cuts following what was a range session. Meanwhile, Brent crude is down for the second consecutive week below $75 per barrel. Later in the day, India will report its CPI inflation data for the month of May. Last month, the annual retail inflation cooled to an 18-month low in April, below the Reserve Bank of India's upper tolerance level of 6 percent, as food prices softened. Inflation as measured by the annual change in the consumer price index (CPI), eased to 4.70 percent in April from 5.66 percent in the previous month. Meanwhile, the US CPI data for May is due tomorrow. Another thing to watch out for is the precursor to the Federal Open Market Committee (FOMC) meeting on June 13 and 14. According to Reuters, there is a 71 percent chance of a pause in the June FOMC meeting which will be the first time since early 2022. Last week, the domestic market recorded minor gains and was up for the third straight week. Many stocks are at fresh 52-week highs like Axis Bank, Britannia, IndusInd Bank and Indian Oil Corporation. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/12/20232 minutes, 13 seconds
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1030: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 to open higher as odds of Fed rate pause rise

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on June 9, tracking global peers, as the increased probability of a rate pause from the US central bank lifted sentiment a day after the Reserve Bank of India kept rates unchanged. The SGX Nifty is suggesting a bit of a positive start for June 9 after yesterday's collapse in the market on the back of the hawkish pause on interest rates by RBI. Economists say RBI is going to stay on pause and hold rates for longer than what they were expecting earlier. So if earlier, the economists were hoping for a rate cut by the end of November or December 2023, it's now been pushed back by at least two to three months, but it depends on the inflation and growth dynamics. So, the situation continues to remain very fluid. The reason why the Nifty 50 could see a bit of an uptick in the morning is because global markets are up. In the US, S&P 500 had its best close in 2023, the NASDAQ rallied nearly a percent and initial jobless claims were better than what the street was anticipating at 261,000. Basically, when jobless claims are higher that means there are more people looking for a job, meaning the market is weak. It is something that the Fed is looking at and wants the labour market to soften. It does give the Fed more reason to be on pause this time around in the upcoming policy meet. Asian markets, meanwhile, were broadly higher across the board. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/9/20234 minutes, 20 seconds
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1029: Marketbuzz podcast with Reema Tendulkar: Sensex, Nifty50 set for a muted start, tracking global cues

Yesterday, the Nifty broke out. It finally conquered the resistance levels of 18,600 to 18,700 to close significantly higher. This morning, the SGX Nifty is pretty flat. The US markets too had had a mixed session. While Dow Jones was up 0.3 percent, we did see profit taking in NASDAQ. NASDAQ was down 1.3 percent. But the Russell 2000, a smallcap index, saw a rally of 1.8 percent. So the broadening of the US market rally continued and that is a bit of a positive. But we've got such a big cue, we've got the RBI monetary policy and that decision will be known in around two hours from now. So the market could take a bit of a wait-and-watch approach before deciding its next move. So that's why the SGX Nifty is on the flatter side. In terms of the other big notable cues, everyone's watching out for whether we can go back to our all-time-high levels. The all-time high level on the Nifty was 18,888.7 hit on December 1, following which markets went into a bit of a corrective zone. Then came the news of Adani and US regional banks and the markets sold off considerably in the February and April. Since then it has been moving up. In fact, if you remember towards March-end, the Nifty was at a level below 17,000 and the markets have made a spectacular up move over April and May. But over the last couple of days, it was consolidating within a tight band of 18,400 to 18,600. On Wednesday, we witnessed the first signs of a breakout. Now, the question is whether we can test our all-time high levels. We're just about 160 points away from that in terms of flows. Both the FIIs and DIIs were buyers in the cash market. In terms of some stocks you should keep on your radar -- both Tata Motors and Tata Communications -- held their analysts meet or investor day on Wednesday. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/8/20234 minutes, 27 seconds
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1028: Marketbuzz podcast with Vivek Iyer: Sensex, Nifty50 likely to open on a positive note

SGX Nifty is indicating a positive start for Indian benchmark indices Sensex and Nifty50. On Tuesday, Nifty closed closer to the 18,600 level in a late surge. Nifty witnessed quite a bit of weakness.  Nifty has faced resistance around the 18,600 mark and it has not been able to go ahead and hit or go across the 18,700 level with conviction.  Talking about overnight markets, US markets were largely flat, with the Dow Jones incidentally closing almost flat and S&P 500 2 percent higher, and Nasdaq was around 0.4 percent up.  However, the majority of the action lay at the broader end of the US markets with the Russell 2000 index gaining over 2.7 percent in yesterday’s trading session.  On Wednesday, keep an out for defence names. There is a lot of news flow in terms of memorandums of understanding (MoUs) being signed, the german defence minister visiting. So watch out ofr names such as HAL, shipbuilding companies, etc. All of these stocks have done significantly well in the trading session.  And the key that markets will be watching out for would be the outcome for the RBI monetary policy. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/7/20232 minutes, 27 seconds
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1027: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely set for a muted start, tracking global cues

The SGX 50 is suggesting a slight down take, a cut of around 10 to 20 points to begin trade with. The reason for that is the US markets have closed with minor cuts. The Dow Jones was down 0.6 percent, the S&P500 ended lower by 0.2 percent. The Nasdaq was down close to about 0.1 percent. So global markets have taken a bit of a breather. There is a pause at the rally and that might reflect in the Indian market. But separately for the Indian markets, we've been facing some resistance. Now Monday was the fourth instance in the last six trading sessions that the Nifty50 index crossed the mark of 18,600 each day but failed to sustain above those levels. So this 18,062 in fact was the intraday high on the Nifty last week. This morning, we don't have the global queues to propel us higher. The big thing to watch out this week is the RBI monetary policy, but that will be known only on Thursday. On the other hand, midcaps have been doing well. Now, the midcap index just was up about 0.14 percent on Monday. It wasn't too much of a gain, but the midcap index was higher for the 11th straight session and it did close at record levels in terms of flows. Domestic institutional investors (DIIs) bought Rs 1,195 crore in cash. Meanwhile, the foreign institutional investors (FIIs) sold Rs 701 crore in cash market in the third consecutive day of selling in the cash market. In terms of stocks, JK cement has acquired Charlie Cement. BHEL has got a ‘downgrade’ by Nomura. They’ve lowered the rating to a reduced target price brought down to Rs 61 per share. They are concerned about the rising receivables, the debtor days, they believe the recent order winds are aggressive, so the scope of margin recovery could be less than what the street is anticipating. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
6/6/20233 minutes, 55 seconds
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1026: Marketbuzz podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open on a positive note

The SGX Nifty is suggesting a solid start to begin trade with and that's because the US markets ended with gains of 1 to 2 percent. The Down Jones was up 2.1 percent, the S&P 500 was rallying 1.5 percent, and NASDAQ gaining 1.1 percent. The Nasdaq notched its sixth straight week of gains for the first time since 2020. The reason for the optimism and the rally in the global markets was one. The non-farm payroll data was stronger than what the street was anticipating, which means the labour data continues to be resilient yet. The street doesn't think that the fed will continue with its rate hiking cycle. The US Fed will be meeting on June 13 and 14, and the expectations are that it will pause at the upcoming meeting. The reason for the same is because the hourly wages that ticked lower than what the street anticipating and also the unemployment rate also went up. There was a big outperforming seed in the broader markets last week. So while the lift was volatile, it ended with a gain of just about 10.2 percent oscillating between 18400 to 18700. In terms of flows on Friday, the domestic investors bought Rs 581 crore, while the foreign investors sold Rs 658 crore. The big event to track this week will be the RBI monetary policy on June 8.  . In terms of individual stocks, Mankind, Glenmark, SBI Life, among other stocks should be on your radar. Tune to Marketbuzz Podcast for more news and cues ahead of today’s session
6/5/20234 minutes, 25 seconds
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1025: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in green

Indian benchmark indices — Sensex and Nifty 50 — will start the June 2 session on the back of strong global cues. As of 8:20 this morning, SGX Nifty on the Singapore Stock Exchange was up 0.4 percent, indicating a positive start for the domestic market. On June 1, however, markets closed near the day's low as financial heavyweights underperformed, the Nifty Bank ended with a cut of around a percent against a flat close for the Sensex and the Nifty 50, while the mid gaps relatively outperformed. The big queue globally is that the US debt ceiling has passed the Senate vote in the US. Markets are now trading at the highest level that we've seen since August Asia is largely in the green. Crude is off multi-month lows. Another big queue to watch out for globally would be the US non-farm payroll data. A strong jobs report is likely to fuel expectations of another rate hike by the Fed in June. Expectations are quite wide for the jobs report this time anywhere between 1.8 percent to 1.95 lakh jobs added in May. Tune to Marketbuzz Podcast for more news and cues ahead of today’s session
6/2/20231 minute, 58 seconds
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1024: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in red

The US debt ceiling bill has cleared the House that has brought some relief with US futures recovering on June 1 while most shares in the Asian markets were trading higher too. SGX however, is still a bit soft and indicating a start in the red for Sensex and Nifty 50. This is after the market snapped the four-day winning streak yesterday. There was a decline led by financials. One of the reasons was also China’s manufacturing activity which contracted faster than expected. However, on a larger picture, the momentum seems to be intact as the FII continued to buy. Meanwhile, quarterly GDP data too came in better than estimates. The Q4 FY23 GDP was at 6.1 percent versus the CNBC-TV18 poll of 5.1 percent and for the full year FY23, it stood at 7.2 percent. Meanwhile, the fiscal deficit for FY23 has been met at 6.4 percent as per the government target. One of the key macros which could also support the market today is crude. Oil is weak on the back of Chinese data, while a stronger dollar is hovering between $72 to $73 per barrel. The next queue to watch out for will be the non-farm payroll data on Friday for the month of May from the US. Therefore, all eyes will be on that considering that the impasse with regards to the debt ceiling is now out of the way. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s market session
6/1/20232 minutes, 28 seconds
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1023: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely headed for gap-down opening

Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower as SGX Nifty indicated a gap-down start for May 31 session. This, is even as the momentum continued for the domestic market as of yesterday. Sensex and Nifty 50 were at fresh five-month highs and the sense is that the indices are just about a percent away from record highs. It seems it's only a matter of time till the market gets there, while the Nifty Bank and midcap index are already at record closing highs. Overall, the earnings season is over. Therefore, the focus is back on global markets. The US markets continue to be in focus on account of the debt ceiling vote while Asia is largely mixed, with China’s manufacturing numbers down for the second straight month. It must also be noted that the US jobs report on Friday exceeded 12 out of the times in terms of estimates. So it will be an important indicator in terms of what the Fed could do going forward. Meanwhile, the Reserve Bank of India RBI) meeting starts on June 6 and concludes on June 8. So that will be another key factor to watch out for in the next couple of days. Tune in to Marketbuzz Podcast for more news and cues for today’s session
5/31/20232 minutes, 29 seconds
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1022: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set for mildly positive start on mixed global cues

The market did extend Friday’s gains on Monday. The Sensex and Nifty were at five-month highs. The Nifty Bank ended at record closing high, led by the likes of HDFC Bank, State Bank of India and IndusInd Bank. The midcap index too posted a record close. So it seems that the Nifty and Sensex are making their way to all-time highs. One of the key factors supporting this is the FIIs, which bought for the sixth consecutive session. They net bought around Rs 17,058 crore in Monday’s trading session. And DIIs have bought for the seventh consecutive trading session, where they bought around Rs 853 crore. The US debt ceiling relief is going to aid sentiment. US President Joe Biden and the Republican lawmakers have reached a tentative deal on the debt ceiling. The news or focus will turn back on to the US Fed, which is likely at the tail-end of its hiking cycle. US markets were closed overnight. Asia is largely mixed at this point in time. SGX Nifty is indicating a mildly positive start. Stocks to watch out for today include Apollo Hospital, Torrent Pharma, Mankind, among others. Tune in to Marketbuzz Podcast for cues and news to watch out for in today’s trade
5/30/20232 minutes, 6 seconds
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1021: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set for gap-up opening on strong cues post debt ceiling deal

Indian benchmark indices — Sensex and Nifty 50 — are headed for a gap-up opening on May 29 following strong the rise in Asian shares and US futures buoyed by a weekend deal by US President Joe Biden and congressional Republican Kevin McCarthy to suspend the government's debt ceiling. The SGX is indicating a positive start. On Friday, the US tech-heavy index NASDAQ launched a fifth week of gains. Meanwhile, the domestic market closed at five-month highs with the Nifty 50 ending at almost 18,500, the highest closing level seen in 2023. Brent crude ticked marginally higher as hopes of a debt ceiling breakthrough aided in terms of momentum. The markets are likely to focus on the Fed trajectory core personal consumption price index, which is an indicator of inflation in the US. Tune in to Marketbuzz Podcast for cues and news to watch out for in today’s trade
5/29/20232 minutes, 8 seconds
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1020: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set for a mild start on slightly mixed global cues

The market managed to end the May series on quite a strong note with two consecutive series of games with the Nifty sharply recovering from the intra-year lows, and today we we are looking at going into the fresh June series. It’s a slightly soft setup in terms of the global markets, as a significant amount of uncertainty has gone ahead and introduced significant volatility in the US market. However, on Thursday, the Nasdaq closed higher by almost 1.7 percent on the back of sharp results from Nvidia. Meanwhile, the European markets continued their decline. On Thursday, there was quite a sharp downtick as far as oil prices were concerned as Russia downplayed prospects of further production cuts in the next OPEC+ meeting. Brent futures yesterday closed low by almost 3.6 percent trading, now closer to the $75.5/barrel mark. . The markets ended the May series on a strong note with last time buying coming in heavy weights such as Reliance, ITC Ltd, etc which aided the sharp intra-day recovery. Even in the broader end of the market, you actually saw advances out in the declines in a significant manner. Key things to watch out for in today’s trading session include, result reactions to Zee Entertainment, SAIL. Regarding companies such as Aster DM, some stake sale buzz over there will also keep the particular stock active today. Asian markets today are slightly mixed and the SGX Nifty is indicating a mild start to our own markets today morning. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s market session
5/26/20232 minutes, 26 seconds
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1019: Marketbuzz podcast with Vivek Iyer: Sensex, Nifty 50 likely to open lower on muted global cues

Today, what we are looking at is a very volatile and frankly, quite a muted set of queues as far as our own markets are concerned. There continues to be significant amount of uncertainty regarding reaching the settlement of the US debt ceiling limit. Also, Fitch rating has now placed the US ‘AAA’ rating on a negative watch. US markets ended lower and Dow Jones, which ended almost 0.8 percent lower, was down for the fourth trade session when you're talking about European markets. Australia's trading session was on the back of significant uncertainty.  On the other hand, Brent futures as well as WTI futures gained over 1.7 percent, each, indicating higher crude oil prices as there are continued to be commentary from Saudi regarding further production cuts coming to our own markets in yesterday's trading session, what we actually saw was significant sell off pressure towards the end of the trading session. In fact, the last selling intensified markets ended near the day's lowest point. The Nifty bank was a significant underperformer. Meanwhile, Asian markets are indicating a muted start. Tune in to Marketbuzz Podcast for more news and cues to track in today’s session
5/25/20232 minutes, 11 seconds
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1018: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open lower amid mixed global cues

Indian indices — Sensex and Nifty 50 — are likely to open lower on May 24 following a very mixed set of queues from global indices. Indian markets too have been very range bound with a bit of volatility, especially in yesterday's last hour of trading session. US indices ended lower between 0.7 percent to 1.2 percent. Given the fact that there continues to be a stalemate regarding the US debt ceiling remit, European markets too ended lower. In the global handover overnight, crude oil prices gained a bit given the fact that a Saudi Energy Minister has warned speculators against short selling. On the back of that, Brent futures gained a percent to $76.8 a barrel. An important cue to watch out for today is the wind-down of the earnings season. Hindalco, Cummins India, NALCO, and Nykaa are among some of the companies expected to post their results today. Tune in to Marketbuzz Podcast for more news and cues to track in today’s session
5/24/20232 minutes, 10 seconds
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1017: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely open higher on improved global cues

Indian equity indices — Sensex and Nifty 50 — are likely to open marginally higher on May 23, after gains in the previous session, as global cues improved on progress in US debt ceiling talks. At 8:11 am, India's NSE stock futures listed on the Singapore Exchange were up 0.15 percent at 18,362.50. Meanwhile, most Wall Street equities closed higher on Monday after debt ceiling talks resumed in the US. The European markets too saw quite a bit of a mix closed. As the quarterly results season nears the end, it must be noted that the January to March 2023 quarter has not been as bad as anticipated by some analysts on the Street. Crude oil prices yesterday gained amidst hopes of better demand forecast towards the second half of this particular year. Brent futures are now trading closer to the $76 a barrel mark. Indian markets saw quite a bit of up move as the Adani group stocks outperformed significantly. IT stocks continued their trend higher, however, Nifty Bank underperformed in yesterday's trading session. Some important queues to watch out for result reactions from BPCL and Shree Cement that declared their numbers post market as yesterday. Ashok Leyland and Dixon Technologies would be declaring the results today. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s market session
5/23/20231 minute, 39 seconds
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1016: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to start session on a muted note

As we wind down towards the end of the fourth quarter and the FY23 earnings season, a whole host of companies will be declaring their results this week, which will keep market parts extremely busy. The US markets last week ended with gains despite worries as well as multiple debates regarding the debt ceiling limit. And cues in European markets make them slightly positive. If you look at the weak that went by, crude oil prices, rent futures actually ended lower by over 0.8 percent at slightly about the $75.5 a barrel-mark, while future is now fading closer to the $72 a barrel mark. Last week, Indian markets actually saw a bit of a sell-off with the Nifty snapping a three-week gaining streak. This was despite the slight gains that we saw on Friday, Indian markets. In fact, the whole of last week actually saw selling at higher levels with a lot of gap up openings that the markets are actually being sold into. In Friday's trading session, it was the top sectoral gainer and in fact, the broader markets were the one that saw a bit of profit booking and underperformed the benchmark in dice important cues to watch out for today. And along with that, you know, there will be anticipation of earnings such as BPCL, etc, that are expected to deliver their results today. Asian markets are indicating a mixed start to Monday’s trading session. SGX Nifty is indicating a slightly muted start for our own markets. Tune in to Marketbuzz Podcast for more news and cues to track ahead of today’s market session.
5/22/20232 minutes, 4 seconds
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1015: MarketBuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open in the green, tracking global cues

We know we are ending a week where you actually saw the Nifty underperform, and the Nifty saw profit booking emerge at all higher levels. In fact, the Indian markets have declined continuously for the past three trading sessions. On Thursday, the Nifty did see a gap of opening and it also saw a favourable global backdrop. However, despite that, it could not hold on to the opening gains yesterday. Meanwhile, the US markets ended with gains. The Dow Jones ended around 0.4 percent higher and the S&P 500 as well as Nasdaq, both ended with gains of over a percent now, against a favorable backdrop. Also we are now coming towards the end of the fourth quarter FY23 earnings season. What we are actually seeing is a lot of buying activity was being witnessed, and has continued. However, despite that, the Nifty and in fact, even the broader end of the market has seen some profit booking. The Nifty has now fallen over 300 points from Monday's high of 18,458. In fact, the Bank Nifty is off almost 400 points from Monday's high. Now on the week-to-date basis, the Nifty is down almost 1 percent now. The results that the markets will likely react to include Bata, United spirits, InterGlobe Aviation.  NTPC, Power Grid, JSW Steel, will be delivering their results. So overall, you know, while we are currently in the thick of the earnings season, we are coming to the end of it and next week onwards, markets will look for fresh use as far as the direction of the market is concerned. Tune in to MarketBuzz Podcast for more news and cues to track ahead of today’s market session
5/19/20232 minutes, 27 seconds
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1014: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set for gap-up opening

SGX Nifty is suggesting a positive start for the Indian market on May 18, following the strength on Wall Street in the overnight session. The key indices on Wall Street ended with a gain of more than a percent as there is hope that the US will be able to raise the debt ceiling in time to avoid a default that has reassured the markets. After a good session on Monday, Tuesday and Wednesday markets took a step back yesterday. The Indian markets were down about 0.6 percent on the benchmark indices. If the market is up and crosses 18,300, there could be a bit of a short covering in terms of flows net. Asia-Pacific share indexes rallied this morning, following Wall Street's lead, and the dollar held just below a two-month high versus the yen. For the Indian market, it is also a big day of earnings. State Bank of India, United Spirits Limited and ITC are among those set to report their quarterly earnings for the January to March 2023 period. For Vedant Fashion, the promoters have announced an offer for sale to sell a nearly 10 percent stake in the company. This is to meet SEBI’s minimum public shareholding norms. Once completed, the promoter stakes would be down to 75 percent. According to some analysts, this removes a technical overhang on the stock price. Tune in to Marketbuzz Podcast for more news and cues to track ahead of today’s market session
5/18/20233 minutes, 27 seconds
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1013: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 look at a subdued start to today's trade session

It looks like it could be a bit of a subdued start to begin trade with for starters, Wall Street ended lower. The Dow Jones was down 1 percent and NASDAQ was down close to about 10.2 percent. There are concerns about the possibility of a US debt ceiling stand off as the deadline approaches retail sales were a Miss Home Depot guidance was a bit subdued. Chinese data has also come in lower than what the street was anticipating and that's the reason why crude prices too have seen a bit of a decline. The China industrial production data has come in at 5.6 percent was estimates of 10.9 per property investment. New home sales have declined. Copper prices are at a five-month low. Zinc is trading at an October 2020 low. So commodities are a bit on the back foot, hence keep your eye out on metals this morning. Brent crude is currently around $70 per barrel mark. The Indian market still in the last 1, 1.5 hour on trade maybe by due to the Nifty expiry. But there was a sharp sell-off particularly in the banking names. Yesterday, the markets took a step back in terms of flows. The FIIs bought Rs 400 crore in the cash market. So their inflows continue now. They have bought more than Rs 16,000 in the May. The DIIs sold Rs 886 crore. When it comes to earnings reactions, Bharti Airtel revenues were a miss, the margin have come in in line with what the street was anticipating. Consolidated revenue growth has come in much lower than what the street was anticipating. It's just a 0.5 percent top line growth. The estimates were for a 2 percent growth. JPL is also a miss compared to estimates the company has reported in a bid of 2186 crore than our estimates of more than 2500 crow profits of 466 compares with the poll of 1100 but there is an exceptional loss of 150. But even if you add that back to the profitability, GSP margin and profits are a miss. Gramin is a good set of numbers. It looks like a top down miss because the top line for Metropolis is down 7.6 percent estimates were for a 2 percent decline that lead to a miss on margins and lead to a miss in profit. Reddington is a mixed bag, strong top line growth 26 percent revenue growth year on year, but margins have been declining for the company. Margin were down quarter on quarter and on year on year basis. The big earnings to watch today are Jubilant Foodworks. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session 
5/17/20234 minutes, 54 seconds
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1012: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set to open higher on inflation boost

Indian benchmark indices — Sensex and Nifty 50 are set to open higher on May 16, on cooling domestic inflation and persistent foreign institutional buying in equities, while hopes of a debt ceiling deal in the US boosted sentiment across global equities. India's NSE stock futures listed on the Singapore exchange were up 0.27 percent at 18,453, as of 7:58 am. The Wall Street handover was also in the green. The Dow ended with a gain of 0.14 percent, and NASDAQ was higher by two-thirds of a percentage point. The S&P 500 remained in a narrow range for much of the day before strengthening a bit by the close of trade. On May 15, the Indian market had a slight opening gap but built on that strength with Nifty Bank almost touching all-time high levels. Towards the last hour, some volatility crept in with some profit bookings coming into the market. The FII bought in cash for the 13th consecutive session yesterday. They’ve bought Rs 1,685 crore in the cash market for May. Today is also a big day of earnings. The Bank of Baroda, IOC, GSP, and LIC Housing Finance among others are to report their numbers for the January to March quarter.  PVR and Coromandel International will be reacting to the numbers not strictly comparable because of the merger. Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session
5/16/20233 minutes, 52 seconds
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1011: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open in red

Indian shares are set to open marginally lower on May 15, amid a slide in global equities on worries of an economic slowdown in the US, while cooling domestic retail inflation offset much of the weakness in sentiment. What disappointed the street on Friday globally is that consumer sentiment in the United States fell sharply to a six-month low of 57.7 in the month of May against 63.5 in April. It's a very sharp decline of more than 500 basis points on a month-to-month basis and well below street estimates of 63 which could be one factor. Another one is that the Congress swept the Karnataka elections. It was expected to be a close tie but the extent of the defeat for the BJP has taken the market by a bit of a surprise. Meanwhile, on Friday, you know, banks powered through with the Nifty 50 bank index just about a percent away from an all-time high level. Also, CPI inflation is also a positive number at 4.7 percent in the month of April the lowest in the last 18 months. Tune in to the Marketbuzz Podcast for more cues and news to track in today’s trade
5/15/20234 minutes, 33 seconds
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1010: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to make gap-down start

Indian indices — Sensex and Nifty 50 — are set to open lower on May 12, tracking a slide in global peers, on data hinting at a slowdown in the US economy as investors awaited domestic retail inflation data for April. On May 11, the markets closed a little changed amid volatility on what was weekly expiry day. The US markets closed mixed as Disney results dragged the Dow lower. The US producer price index for the month of April saw a further slowdown to 2.3 percent versus 2.7 percent and coal prices slowed to around 3.2 percent. Bank of England has raised interest rates to 4.5 percent, the highest since 2008. Meanwhile, the Asian market was mixed with SGX indicating a soft start for the Indian market. Brent crude, which has corrected a tad bid on account of fears with regards to the impasse over the debts ceiling as well as the US producer price index. Tata Motors, Cipla, Vedanta and Colgate among others are due to report their quarterly earnings today. Tune in to Marketbuzz Podcast for more cues about the market today
5/12/20232 minutes
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1009: MarketBuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open trading session on a positive note

Yesterday, the markets did close with minor gains amid volatility. Nifty held on to 18,300, and the Sensex rose around 179 points. The bank posted a sharp recovery in the last hour rising nearly 150 odd points. The US markets are in focus on account of the C P I inflation data as well as the debt ceiling in part. The US April CPI inflation data came in at around 4.9 percent versus estimates of around 5 percent. The US markets ended mixed with the tech stocks rally. Asian stocks are largely mixed this morning. The China inflation data for April has come at the slowest pace that we've seen in two years. The SX currently indicating a bit of a positive start. Karnataka exit polls will also be in focus as it is a photo finish which is expected in Karnataka, however, continue to buy in the Indian market showing the underlying conviction. So FII net around 1833 odd in equities. When it comes to quarterly earnings reported on Wednesday, we had a bit of a disappointment which came in for Larson and to as well as doctor Reddy and in terms of results today, we have Asian Paints and Eicher Motors, Dr Lal PathLabs, to name a few, These are a couple of things to watch out for. Tune in to Marketbuzz Podcast for more cues and news to watch out for in trade today
5/11/20231 minute, 51 seconds
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1008: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to start session in green

Early trends indicate a higher opening for the Sensex and Nifty 50 on May 10 as SGX Nifty was trading at a premium of more than 20 points from Nifty Futures on Tuesday’s close. Yesterday, the last hour fall led to a close near flatline for the market with Nifty 50 ending below 18,300 and Sensex falling three points to 61,761. Meanwhile, in the US, inflation data is due today. Overnight, the US markets ended lower on the back of the impasse over the debt ceiling as well as the US CPI data, which continue to remain key concerns. Asia, this morning, was largely weak. SGX however, indicated a positive start possibly indicating the underlying strength or positive sentiment for our markets. Brent crude, at the time of recording, was at around $77 per barrel, which was a marginal move since yesterday's trading session. In terms of result reactions, reactions are expected following the results of Apollo Tyres, Lupin, and Nazara Technologies. Larsen and Toubro, Dr. Reddy’s Laboratories, Escorts Kubota, Bosch, Godrej Consumer are due to report their quarterly earnings today. The market shall also keep an eye out on the Karnataka assembly elections that are taking place today and the outcome will be announced on May 13. Tune in to Marketbuzz Podcast for cues and news to watch out for in trade today
5/10/20232 minutes, 1 second
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1007: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to start session in red

Despite a good session yesterday in which the Indian markets touched a five-month high, Sensex and Nifty 50 are likely to open lower on May 9 amid mixed global market cues. The SGX Nifty, at the time of filing, indicated a bit of a soft start. In terms of the global macros, German industrial production data which sank by the most seen in a year resulting in recession fears rising. Meanwhile, the US CPI data is due on May 10 for the month of April and the street will be watching that closely to get an assessment on what the Fed's trajectory would be going forward overall. European markets, however, ended mostly higher overnight while US markets were mixed. Brent crude rose 2 percent by May 9 morning, which means there was a bit of an up move that took place in Brent crude prices in terms of result reactions. Meanwhile, Mankind Pharma, which is one of the biggest IPOs  in the past one year, will list today. Tune in to Marketbuzz Podcast for more cues and news to watch out for in trade today
5/9/20231 minute, 56 seconds
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1006: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in green amid positive global cues

As the trading week begins on May 8, here are all the cues and news you need to watch out for in trade today. On Friday, markets recorded what was the biggest single day fall seen in two months as HDFC twins stocks fell sharply. The MSCI rejig news led to a fall of around 6 percent each HDFC and HDFC Bank, which was one of the biggest in three years. However, overnight, there was some amount of global reprieve. For the US markets on Friday, the Dow jumped 500 points as regional banks and Apple shares surged while April jobs data too was better than expected. However, Goldman Sachs says that despite the strong jobs data, it still expect a pause from the Fed in the June meet because of the consecutive rate hikes undertaken by the US central bank until now. Asia was mixed as at the time of recording this podcast with SGX indicating a positive start. Another positive queue on the fringe is Brent crude which closed down 5 percent last week. It was the third straight negative week for Brent crude. Overall, while Friday was a weak session, the larger queue for the Indian markets is that the trend seems positive because on a week to day basis, last week, 35 of the 50 stocks recorded gains last week inclusive of the likes of Asian Paints and Titan, which were top gainers. Listen in to the Marketbuzz Podcast for more cues ahead of today’s trading session
5/8/20232 minutes, 28 seconds
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1005: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open with minor cuts amid weak global cues

As the truncated trading week ends with today’s session, global queues have remained quite muted through all four trading sessions this week. Two major events took place this week with both the USA as well as the ECB going ahead and hiking rates as far as the Fed funds as well as the ECB rate is concerned both by 25 basis points. Looking at the overnight set up, US markets ended lower for the fourth straight session. All of the US indexes ended with cuts and post marketers. European markets too ended on a negative queue after the ECB delivered the 25 basis points hike. Meanwhile, Apple delivered its results and it's been a blowout to quarter with both revenues as well as bottom line meeting analysts’ expectations. The Indian market, however, continues to outperform. On May 4, Indian markets ended with gains to turn positive for 2023. In fact, Nifty 50 ended up above the 18,200 level. Important use watch out for today. Key results include Britannia and result reactions to track include TVS Motor and United Breweries. Asian markets are indicating a muted start after the weak handover. Tune in to the Marketbuzz Podcast for more market cues 
5/5/20232 minutes, 19 seconds
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1004: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to make a muted start today

Indian equity benchmarks Sensex and Nifty50 are likely to start Wednesday's session on a sluggish note amid mixed moves in their major global peers, as investors await guidance on the Fed's interest rate hiking path. US crude oil futures rose on hopes that China would loosen its COVID-19 restrictions that fueled fears about the global economy.Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — was up 11.5 points or 0.1 percent at 18,770 ahead of the opening bell on Dalal Street, having moved within a 44-point range around the flatline earlier in the day. 
11/30/20222 minutes, 13 seconds
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1003: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to open lower today

Indian equity benchmarks Sensex and Nifty50 are likely to start Tuesday's session lower amid mixed moves in their major peers around the globe, as investors remained concerned about a growing unrest in China over COVID-related restrictions. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 111.5 points or 0.6 percent to 18,617.5, suggesting a lower opening ahead on Dalal Street.
11/29/20221 minute, 56 seconds
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1002: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to make a gap-down start today

Indian equity benchmarks Sensex and Nifty50 are likely to start Monday's session sharply lower amid weakness across other Asian markets on account of a growing unrest in China over COVID-related restrictions. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 84 points or 0.5 percent to 18,459 ahead of the opening bell in India.
11/28/20221 minute, 59 seconds
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1001: MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to make a muted start today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a muted start on Friday, the first session of the December derivatives series after they finished the November series more than four percent higher. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — were last down 42.5 points or 0.2 percent at 18,625.5, having declined as much as 58 points earlier on Thursday. 
11/25/20222 minutes, 40 seconds
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1000: MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to open sharply higher today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Wednesday tracking gains among other major markets around the globe. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 116.5 points or 0.6 percent to 18,493.5 ahead of the opening bell on Dalal Street.
11/24/20222 minutes, 6 seconds
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999: MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to open higher today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Wednesday, following a more than two-month high on Wall Street overnight as a positive sales forecast from Best Buy drove optimism that red-hot inflation will not impact the upcoming holiday shopping season much. Singapore Exchange (SGX) futures — an early indicator of the Nifty index — rose as much as 78.5 points or 0.4 percent to 18,463.5 ahead of the opening on Dalal Street.
11/23/20222 minutes, 20 seconds
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998: MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to open higher today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Tuesday, shrugging off largely negative moves in other Asian markets amid concerns about the resurgent lockdowns in China owing to rising COVID infections. Singapore Exchange (SGX) — an early indicator of the Nifty index — fell as much as 61 points or 0.3 percent to 18,266 ahead of the opening bell on Dalal Street.
11/22/20222 minutes, 29 seconds
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997: MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to make a gap-down start today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open sharply lower on Monday tracking losses across other Asian markets as the resurgent COVID cases in Beijing spooked investors. Singapore Exchange (SGX) — an early indicator of the Nifty index — fell as much as 97.5 points or 0.5 percent to 18,250 ahead of the opening bell on Dalal Street.
11/21/20222 minutes, 4 seconds
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996: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to open higher today

Indian equity benchmarks Sensex and Nifty50 are likely to start Friday's higher amid mixed moves across other major markets around the globe, as concerns persisted about the impact of steep hikes in benchmark interest rates on economic growth. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 84 points or 0.5 percent to 18,459 ahead of the opening bell in India.
11/18/20222 minutes, 9 seconds
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995: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to open lower today tracking global markets

Indian equity benchmarks Sensex and Nifty50 are likely to start Wednesday's session in the red amid mixed moves in other Asian markets, though investors remained optimistic about a moderating pace of interest rate hikes following a better-than-expected inflation reading from the US. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — dropped as much as 74 points or 0.4 percent to 18,406 ahead of the opening bell in India.
11/17/20222 minutes, 16 seconds
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994: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to open lower today

Indian equity benchmarks Sensex and Nifty50 are likely to start Wednesday's session in the red amid mixed moves in other Asian markets, though investors remained optimistic about a moderating pace of interest rate hikes following a better-than-expected inflation reading from the US. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — dropped as much as 109.5 points or 0.6 percent to 18,385 ahead of the opening bell on Dalal Street.
11/16/20221 minute, 51 seconds
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993: MarketBuzz Podcast With Reema Tendulkar: Sensex and Nifty50 likely to open higher today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Tuesday tracking gains across most of their Asian peers, shrugging off overnight losses on Wall Street, as investors digested remarks from Fed officials about plans for hikes in benchmark interest rates. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — gained as much as 68 points or 0.4 percent to 18,445.5 ahead of the opening bell on Dalal Street.
11/15/20223 minutes, 9 seconds
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992: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to open with mild gains today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start the week with mild gains tracking largely positive moves across global markets after US inflation data released last week backed hopes of a moderation in COVID-era hikes in interest rates. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 44.5 points or 0.2 percent to 18,480.5 ahead of the opening bell on Dalal Street. A number of corporates are due to report their quarterly numbers later in the day, including Grasim, ONGC and SpiceJet.
11/14/20221 minute, 52 seconds
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991: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to open lower today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Thursday tracking negative moves across global markets. Singapore Exchange Nifty futures — an early indicator of the Nifty index — fell as much as 99  points or 0.5 percent to 18,094.5 ahead of the opening bell on Dalal Street.
11/10/20222 minutes, 3 seconds
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990: MarketBuzz Podcast With Reema Tendulkar: Sensex and Nifty50 likely to open sharply higher today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-up start on Wednesday amid largely positive moves across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, rose as much as 74 points or 0.4 percent ahead of the opening bell on Dalal Street. Investors awaited more of financial results from India Inc. Tata Motors and Lupin are due to post their earnings later in the day. 
11/9/20223 minutes, 13 seconds
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989: MarketBuzz Podcast With Reema Tendulkar: Sensex and Nifty50 likely to open sharply higher today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to make a gap-up start on the first trading day of the week amid strong global cues. Singapore Exchange Nifty futures — an early indicator of the Nifty index — rose as much as 99 points or 0.5 percent to 18,302 ahead of the opening bell on Dalal Street. Investors await more of financial results from India Inc for domestic cues, with Bharat Petroleum, Coal India, Paytm and Divi's Labs due to post their earnings later in the day. SBI, Bank of Baroda and Power Grid reported their quarterly numbers over the weekend.
11/7/20223 minutes, 9 seconds
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988: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to make a muted start today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start the last trading session of the week on a muted note, amid losses across most other markets around the globe amid concerns that interest rate hikes may continue for longer than anticipated earlier. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — were last up 3.5 points at 18,118 ahead of the opening bell in India, having moved within a range of 48 points around the flatline earlier in the day. A number of corporate are due to report their quarterly results during the day, including Titan, TVS Motor, Britannia, Cipla and Tatva Chintan. 
11/4/20222 minutes
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987: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to open sharply lower today after Fed move

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Thursday tracking weak global cues after the Fed announced a 75-basis-point hike in benchmark interest rates as widely expected.On Thursday, Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 181.5 points or one percent to 17,981 ahead of the opening bell on Dalal Street.
11/3/20222 minutes, 26 seconds
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986: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to make a muted start today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open on a muted note on Wednesday amid weak global cues, halting a four-session-long winning run. Singapore Exchange Nifty futures, an early indicator of the Nifty index, fell as much as 32 points or 0.2 percent ahead of the opening bell on Dalal Street. Globally, investors await the outcome of a two-day meeting of the Fed's interest rate-deciding panel that began on Tuesday for cues.
11/2/20222 minutes, 6 seconds
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985: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty to make a gap-up start amid positive global cues

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-up start on Tuesday mirroring positive moves elsewhere around the globe. Singapore Exchange Nifty futures, an early indicator of the Nifty index, rose as much as 112.5 points or 0.6 percent ahead of the opening bell on Dalal Street. Investors await more of financial results from India Inc for domestic cues, with Adani Ports, Tech Mahindra and Nykaa due to post their earnings later in the day. Bharti Airtel, Larsen & Toubro and Tata Steel reported financial results on Monday. Globally, all eyes will be on the outcome of the Fed's two-day policy meeting which begins on Tuesday.
11/1/20222 minutes, 34 seconds
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984: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to make a gap-up start today

Indian benchmark indices BSE Sensex and NSE Nifty50 are likely to make a gap-up start on Monday tracking gains across global markets, as investors awaited the outcome of a policy review by the Fed wherein the US central bank is widely expected to decide on a hike in the benchmark interest rates.Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — jumped as much as 196 points or 1.1 percent to 18,030.5 ahead of the opening bell on Dalal Street.
10/31/20222 minutes, 21 seconds
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983: MarketBuzz Podcast With Sonal Bhutra: Sensex and Nifty50 likely to open higher today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Friday's session with minor gains, as Dalal Street enters a new monthly derivative (futures & options) series. Singapore Exchange Nifty futures, an early indicator of the Nifty index, rose as much as 64 points or 0.4 percent to 17,866.5 ahead of the opening bell on Dalal Street. The Nifty50 finished the October series with a gain of 918.9 points or 5.5 percent while the Sensex added 3,346.9 points or 5.9 percent.  
10/28/20222 minutes, 35 seconds
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982: MarketBuzz Podcast With Sonal Bhutra: Sensex and Nifty50 likely to make a gap-up start today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-up opening on Thursday as Dalal Street returns to trade after a day's holiday, amid largely positive moves across global markets. Singapore Exchange (SGX) Nifty futures, an early indicator of the Nifty index, rose as much as 121 points or 0.7 percent to 17,959.5 ahead of the opening bell on Dalal Street.
10/27/20222 minutes, 6 seconds
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981: Sensex and Nifty50 likely to open lower today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open in the red tracking mixed global cues across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, fell as much as 52.5 points ahead of the opening bell on Dalal Street. Investors await more of financial results from India Inc for domestic cues. 
10/25/20222 minutes, 12 seconds
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980: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to make a muted start today

Indian benchmark indices BSE Sensex and NSE Nifty50 are likely to make a muted start to the last trading day of the week, amid negative moves across most global peers as concerns persisted about the impact of steep rate hikes on economic growth. Singapore Exchange Nifty futures, an early indicator of the Nifty index, fell 21.5 points or 0.1 percent at the last count, ahead of the opening bell on Dalal Street. Investors awaited more of financial results from India Inc for domestic cues, with Reliance Industries and Bajaj Finance scheduled to post their earnings later in the day. Axis Bank, ITC and Tata Consumers reported their quarterly numbers on Thursday.
10/21/20222 minutes, 23 seconds
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979: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty to make a gap-down start amid negative global cues

 Indian benchmark indices NSE Nifty and BSE Sensex are likely to make a gap-down start on Thursday tracing negative cues across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, fell as much as 158 points ahead of the opening bell on Dalal Street. Investors await more of financial results from India Inc for domestic cues, with Bajaj Finance, Axis Bank, Asian Paints and ITC due to post their earnings later in the day. IndusInd Bank reported its quarterly numbers on Wednesday.
10/20/20222 minutes, 6 seconds
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978: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to make a gap-up opening today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Tuesday's session sharply higher tracking a rise across global markets amid optimism about the corporate earnings season, though concerns persisted about the impact of steep rate hikes on economic growth. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — jumped as much as 205 points or 1.2 percent to 17,520 ahead of the opening bell on Dalal Street. Investors awaited more earnings from India Inc for domestic cues.
10/18/20222 minutes, 10 seconds
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977: MarketBuzz Podcast With Vivek Iyer: Nifty likely to make a gap-down start today amid negative global cues

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Monday tracking weak global cues across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, fell as much as 0.8 percent or 137 points points ahead of the opening bell on Dalal Street. Investors awaited more of financial results from India Inc for domestic cues, after HDFC Bank, L&T Infotech and ICICI Prudential reported their quarterly earnings during the weekend. ACC and Can Fin Homes will post their numbers later on Monday. Globally, concerns persisted about the impact of steep hikes in COVID-era interest rates on economic growth.
10/17/20221 minute, 57 seconds
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976: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to make a gap-up opening today

Indian equity benchmarks BSE Sensex and  NSE Nifty50 are likely to make a gap-up start on Friday tracking strong global cues. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — climbed as much as 335 points or almost two percent to 17,292 ahead of the opening bell on Dalal Street. Investors awaited more of financial results from India Inc for domestic cues, with Bajaj Auto and Coal India due to post their earnings later in the day. Infosys and Mindtree reported their quarterly numbers on Thursday.
10/14/20222 minutes, 31 seconds
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975: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to open lower today — all eyes on Infosys and Mindtree

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Thursday, continuing to fall after a day's breather, amid weakness across global markets as concerns persisted about the impact of steep rate hikes on economic growth. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 66 points or 0.4 percent to 17,039 ahead of the opening bell on Dalal Street. Investors awaited the financial results of Infosys and Mindtree due later in the day for cues, after TCS kicked off the earnings season on a strong note.
10/13/20222 minutes, 37 seconds
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974: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to open higher today — all eyes on Wipro and HCL Tech

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Wednesday's session with mild gains, following three back-to-back days of losses. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 75.5 points or 0.4 percent to 17,015.5 ahead of the opening bell on Dalal Street. Investors awaited quarterly results of IT majors Wipro and HCL Tech due later in the day for domestic cues, after TCS, India's largest software exporter, kicked off the corporate earnings season this week. Globally, concerns persisted about the impact of steep hikes in interest rates on economic growth.
10/12/20222 minutes, 13 seconds
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973: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty likely to make a muted start today — all eyes on TCS shares

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a muted start on Tuesday amid weakness across global markets, as concerns persisted about the impact of steep rate hikes on economic growth and amid rising geopolitical tensions in Europe. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — were last down two points at 17,226, having move within a range of 86.5 points around the flatline earlier in the day. Tata Consultancy Services (TCS) kicked off the corporate earnings season after market hours on Monday.
10/11/20222 minutes, 58 seconds
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972: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to make a gap-down start today — all eyes on TCS

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down opening on Monday tracking weakness across global markets, as concerns persisted about the impact of steep rate hikes in economic growth. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 299.5 points or 1.7 percent to 17,014.5 ahead of the opening bell on Dalal Street. Investors await Tata Consultancy Services (TCS) to report its financial results and kick off the corporate earnings season later in the day.
10/10/20222 minutes, 27 seconds
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971: MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to make a muted start today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open on a flat to slightly negative on Friday amid a largely negative trend across global markets. Singapore Exchange (SGX) Nifty futures —  an early indicator of the Nifty index — were down 48 points or 0.3 percent at 17,268 at the last count, having declined as much as 62.5 points earlier in the day. Globally, investors remained on the back foot amid concerns about steep hikes in key rates and their impact on economic growth.
10/7/20222 minutes, 6 seconds
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970: Sensex and Nifty50 likely to open higher today as market returns to trade after a holiday

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Thursday amid mixed moves across global markets, as Dalal Street returns to trade after a day's holiday. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 105.5 points or 0.6 percent to 17,444.5 ahead of the opening bell on Dalal Street. Globally, investors remained on the back foot amid concerns about steep hikes in key rates and their impact on economic growth.
10/6/20222 minutes, 42 seconds
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969: MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to make a gap-up start today

 Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open sharply higher on Tuesday tracking gains across global markets, following an overnight surge on Wall Street amid easing US Treasury yields. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — jumped as much as 252 points or 1.5 percent to 17,120.5, suggesting a strong start ahead on Dalal Street. The Indian market will remain shut on Wednesday for Dussehra.
10/4/20222 minutes, 28 seconds
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968: MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to make a gap-down opening today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Monday, in a U-turn following a jump of almost two percent in the previous session as the RBI's rate hike of 50 bps met Street expectations. SGX Nifty futures — an early indicator of the Nifty index — fell as much as 268.5 points or 1.6 percent to 16,819.5 ahead of the opening bell on Dalal Stre