MarketBuzz

By: CNBC-TV18
  • Summary

  • 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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Episodes
  • 1343: Marketbuzz Podcast with Kanishka Sarkar: Market likely to start in green, Vedanta, SpiceJet in focus
    Sep 26 2024
    Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of September 26

    -It seems the Nifty 50 is currently in a not-ready-to-go-down mode. The most minor dip gets bought into swiftly and the index continues to scale new peaks. Wednesday's session was no different and 26,032 is now the new record high for the Nifty and it remains to be seen for how long will that stay.

    -It was a surge in the index heavyweights in the final few minutes of the trading session that took the Nifty to a new peak. HDFC Bank, Reliance Industries, Axis Bank, ICICI Bank, all of them saw a spurt during the final half hour, propelling the index higher. The monthly expiry of the Nifty Bank also had a role to play.

    -Thursday is the monthly expiry of the Nifty and the index has gained over 850 points so far this series. This will be the fourth consecutive F&O Series that the Nifty ends with gains, having gained over 300 points in August as well.

    -Gift Nifty was little changed this morning indicating a muted start for the Indian market this morning.

    -Stocks to focus: Vedanta, PB Fintech, Five-Star Business Finance, Adani Group, ASK Automotive, SpiceJet, IDFC

    -Asian equities rallied this morning as fresh signs of vigor in technology stocks spread across Asia. Currencies pared sharp moves from the prior day that supported the dollar over the yen. Equity benchmarks in the tech-heavy markets of Japan and South Korea advanced.

    -Chinese equities fluctuated in opening trade. The Golden Dragon index of US-listed Chinese stocks fell on Wednesday, which may be an early sign of fatigue for the stimulus-driven rally in Chinese stocks this week.

    -The Dow Jones and S&P 500 retreated from their respective record highs on Wednesday as some selling pressure emerged at higher levels for the two Wall Street benchmarks. The S&P 500 fell 0.2%, while the Dow Jones shed 0.7% or nearly 300 points during the trading session to end below the mark of 42,000. The Dow also snapped a four-day winning streak in the process. However, the Nasdaq just managed to end above the flat line.

    -In commodities, oil was steady after plunging in the previous trading session. West Texas Intermediate, the US oil price, slipped more than 2% on Wednesday to settle below $70 a barrel. Elsewhere, gold traded steady near an all-time high as the weak US data bolstered the case for deeper interest rate cuts.

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    6 mins
  • 1342: Marketbuzz Podcast with Kanishka Sarkar: Market likely to open in red, Delta Corp, real estate stocks in focus
    Sep 25 2024
    -Welcome to CNBC-TV18’s Marketbuzz Podcast. Here aretop developments from around the world ahead of the trading session of September 25

    -The Nifty 50 crossed the 26,000 mark on September 24. However, technical factors, along with the Nifty Financial Services expiry, took the index back to levels at which it closed on Monday. Nonetheless, 26,011 becomes the new record high for the Nifty, which has now gained over 1,000 points in the last nine trading sessions, starting September 11.

    -While the focus remained on the Nifty, there was plenty of stock-specific activity within the broader markets with the Midcap index clinging on to some gains but the smallcap index ended with losses of over half a percent. Stocks like AstraZeneca and IEX moved on their respective newsflow, while names like SH Kelkar and Arvind Smartspaces surged on positive brokerage commentary.

    -This morning the GIFT Nifty was trading with a discount of nearly 20 points from Nifty Futures' Tuesday close, indicating a start in the red for the Indian market. Wednesday will also be the monthly expiry of the Nifty Bank index and that has been the index to watch out for over the last few trading sessions.

    -With the Nifty having moved the way it has, with domestic triggers still a week away from emerging and a landmark and a major event out of the way, the question now emerges whether it will be prudent to book profits at current levels and then wait for earnings to shape up starting the second week of October. By next week, companies will already begin sharing their quarterly business updates and that becomes the next major trigger for the markets.

    -Stocks to track: Easy Trip Planners, real estate stocks, Delta Corp, KEC International, MCX, PC Jewellers, Gillette India, Zee Entertainment, Hindustan Foods, HDFC Life

    -SEBI has cleared the IPO papers for Hyundai Motor India Ltd. As per a Moneycontrol report, Swiggy has also received the nod from market regulator post its confidential filing of draft papers to launch a widely anticipated initial public offer.

    -Asian shares gained for a fifth day as a rally sparked by support measures from Beijing continued, while US stocks set fresh highs. Equity benchmarks rose in South Korea and Australia, while those for Japan slipped after the yen strengthened against the dollar in the prior two sessions.

    -Overnight on Wall Street, US markets continued to shrug off weak economic data to post yet another day of record highs. The Dow Jones gained 0.2% or just over 80 points, while the S&P 500 advanced 0.25%. Both indices hit all-time highs intraday and also closed at record levels. The Nasdaq too, surged 0.6% but is still 600 points away from its own record high levels.

    -In terms of commodities, oil steadied after its biggest advance in more than a week, as traders tracked developments in the Middle East and the impact on demand of China’s stimulus measures. Gold hit a record trading above $2,662 an ounce.

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    5 mins
  • 1341: Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 at cusp of 26,000, Reliance Power, Senco in focus
    Sep 24 2024
    Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important updates ahead of the trading session of September 24

    -The Nifty is now only 70 points away from the mark of 26,000. In case that does happen today, it would have taken the Nifty 38 trading sessions to get to 26,000 from the day it first scaled 25,000 on August 1.

    -Beaten down sectors in recent times like the PSU Bank index turned out to be the top performer during Monday's trading session. The index saw its biggest single-day gain since June 3, which also saw the index make a near-term top. Barring IT, most of the other sectoral indices had a field day on Monday, including real estate and auto stocks. Some PSU names also saw a rebound, except for defence PSUs, which saw continued selling pressure.

    -This morning, GIFTNifty was trading with a premium of more than 80 points from Nifty Futures' Monday close, indicating a gap-up start for the Indian market.

    -Today is also the weekly expiry for the Nifty Financial Services index, which will keep the banking stocks in focus.

    -Stocks to track: Reliance Power, Punjab National Bank, NTPC, Firstsource, GR Infraprojects, BGR Energy, AstraZeneca Pharma, Power Grid

    -Asian stocks rose as China’s central bank lowered key rates in the latest attempt to shore up the economy and financial markets. Equity benchmarks in Japan jumped more than 1% while those in South Korea climbed. Futures for the FTSE China A50 Index jumped as much as 2%. The yield on China’s 10-year government bond declined to 2% for the first time on record.

    -The People’s Bank of China announced a sweep of support for the economy, cutting its key short-term interest rate, and lowering the mortgage rate for existing housing loans.

    -US data released Monday showed business activity expanded at a slightly slower pace in early September, while expectations deteriorated and a gauge of prices received climbed to a six-month high, stoking confidence the world’s largest economy can nail a soft landing. Investors are now awaiting data on the Fed’s preferred price metric and US personal spending later this week

    -Overnight on Wall Street, the S&P 500 climbed to a fresh closing high as traders looked to build on last week's gains following the Federal Reserve's interest rate cut.The broad market index added 0.28%, while the Dow Jones Industrial Average gained 0.15%. Both indexes closed at records. The Nasdaq Composite ticked up 0.14%.

    -In terms of commodities, gold rose to fresh all-time high as traders digested data and remarks from policymakers. Oil edged higher in early trading Tuesday after Israel launched airstrikes on targets across southern Lebanon, killing nearly 500 people and fanning fears of all-out war.

    -Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co, talked to CNBC-Tv18 about the shifting dynamics in global trade and national security, particularly concerning the United States' reliance on China. He, however, feels that India is poised to take advantage of US-China tensions. Dimon is also of the view that there is "plenty of room" for interest rates to decline in the US.

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    6 mins

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