4 min
Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 likely to open flat, L&T, Hero MotoCorp in focus MarketBuzz
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- Noticias financieras
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 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
4 min