MarketBuzz CNBC-TV18

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.

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.

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

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

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

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