MarketBuzz CNBC-TV18

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

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

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

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.

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.

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.