• 1289: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 likely headed for muted start, Reliance, IT stocks in focus

  • Jul 9 2024
  • Duración: 5 m
  • Podcast

1289: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 likely headed for muted start, Reliance, IT stocks in focus  Por  arte de portada

1289: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 likely headed for muted start, Reliance, IT stocks in focus

  • Resumen

  • Welcome to CNBC-TV18’s Marketbuzz Podcast. Here all the important updates ahead of the trading session of July 9

    -Nifty 50 has been holding steady around 24300 amid large buying from domestic institutions. Every instance that the index has seen a dip due to one stock or sector, another stock or sector has ensured it pulls it back higher.

    -There has been no decisive move on either side as traders are content playing the range as of now. But the question is, for how long is this likely to continue? The index is awaiting a trigger on either side for a decisive move beyond this range.

    -For today, GIFT Nifty was trading with a premium of 5 points from Nifty Futures' Monday close this morning, indicating a flat start for the Indian market.

    -Stocks to track: Rail PSUs, Fertiliser, FMCG stocks, DOMS Industries, HUDCO, Reliance Industries, Godrej Consumer, IT stocks, financial stocks, Pitti Engineering, Jupiter Wagons, Mahanagar Gas, CONCOR, Senco Gold,

    -Stocks in Asia edged higher ahead of Jerome Powell’s testimony to Congress and the start of the US earnings season. Equity benchmarks rose in Japan, Australia, and South Korea , while futures pointed to losses in Hong Kong after an index of Chinese shares in the US dropped on Monday. US futures gained in early Asian trading after the S&P 500 closed a fraction higher to set its 35th record this year. The dollar and treasuries were little changed.

    -Traders will be focused on Powell’s testimony beginning Tuesday for guidance on the Federal Reserve’s outlook. He faces pressure from lawmakers growing impatient for interest-rate cuts and others who are unhappy with the Fed’s latest plan to boost capital requirements for Wall Street lenders.

    -In commodities, oil was little changed this morning after a two-day decline as Hurricane Beryl looked less likely to pose major disruptions to crude infrastructure in Texas. Gold trimmed some of Monday’s 1.4% loss in early trading.

    -In other news back home, incessant showers have been lashing Mumbai and adjoining areas, disrupting suburban train services and flight operations as normal life was thrown out of gear in the metropolis. For today, IMD has issued a red alert for the city where a holiday has also been declared for schools.

    -CNN-New18 reports that top government sources say Russia has decided to discharge and facilitate return of all Indians working in the Russian Army after PM Modi took up the matter with President Putin

    Stay tuned to CNBC-TV18 for more news and cues
    Más Menos
activate_primeday_promo_in_buybox_DT

Lo que los oyentes dicen sobre 1289: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 likely headed for muted start, Reliance, IT stocks in focus

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.