MarketBuzz CNBC-TV18

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.

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.

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.

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.

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

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