MarketBuzz CNBC-TV18

Hello and welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all important cues to track ahead of the trading session on May 6

-The US April jobs report has come in softer-than-expected. Job growth eased to 175,000 compared to 269,000 average gain over the prior three months. The unemployment rate rose from 3.8% in March to 3.9% in April.

-On Friday in the US, stocks jumped sharply after a softer-than-expected April jobs report. The S&P 500 surged 1.26% to notch its best day since February, while the Nasdaq Composite rallied 1.99%. The Dow Jones Industrial Average gained 1.18%.

-Fed policy expectations saw a sharp dovish repricing last week. Interest rate markets now imply about 45% probability of a 25 bps rate cut by July.

-Asia-Pacific markets this morning tracked Wall Street gains. Investors, meanwhile, awaited the Reserve Bank of Australia’s rate decision on Tuesday and China’s April trade data on Thursday.

-The Gift Nifty suggests the Indian market is likely headed for a gap up start. Gift Nifty was trading at a premium of more than 100 pts from Nifty Futures’ Friday close.

-On Friday, foreign institutions were heavy sellers during Friday's trading session in the cash market, while domestic institutions were net buyers.

-Nifty 50 recovered 120 points from intraday but closed below the 22,500 mark.Crossing that level will be the key for the index first up, as it has been a key support in recent times.

-Earnings season continues with some big Nifty names reporting results after market hours on Friday and over the weekend. Prominent among them is Kotak Mahindra Bank. Other stocks that reported results over the weekend include Titan, Britannia, Avenue Supermarts, and Inox Wind.

-Earnings today: Godrej Consumer, Marico, Gujarat Gas, CG Power, Happiest Minds, Lupin and others.

-Stocks to track: Paytm, Zen Technologies, Tata Technologies, Kansai Nerolac Paints, IDBI Bank, Aurobindo Pharma, Adani Ports Group, Ujjivan Small Finance Bank, Paytm

Tune in to the Marketbuzz Podcast for more cues

Marketbuzz Podcast: The GIFT Nifty is indicating a gap-up start for the Indian markets. Watch out for stocks like Bajaj Finance, Yes Bank and Coforge.

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like Godrej Industries, Kotak Mahindra Bank and Indus Towers.

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like BSE, Tata Chemicals, and Indian Oil.

Marketbuzz Podcast: The GIFT Nifty is indicating a gap-up start for the Indian markets. Watch out for stocks like Maruti Suzuki, HCLTech, IREDA and ICICI Bank.

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the top developments ahead of the trading session of April 26

- GIFT Nifty trading flat from Nifty Futures' Thursday close, indicates a muted start for the Indian market

-April also turned out to be the third straight positive series for the Nifty. It is now just 220 points away from its previous record high. For the week, the Nifty is already up 1.8%, managing to recover all that it lost in the previous week and gain some more post that.

-In the governing session, US stocks tumbled after data showed a sharp slowdown in economic growth and pointed to persistent inflation. US GDP expanded 1.6% in the first quarter. The blue-chip Dow slid 375 points, while the S&P 500 and the Nasdaq Composite dropped half a percent each.

-Asia-Pacific markets were mixed this morning as investors in Asia look to the Bank of Japan’s policy decision and inflation figures out of Tokyo. 

- Oil prices rose in early trade today, as players took stock of the US Treasury secretary's comments that the country's economy is likely in a stronger position than indicated by weak first-quarter data, coupled with supply concerns as conflict continues in the Middle East. Brent crude futures were above $89 a barrel.

-Gold prices firmed on a weaker dollar last night even as US Treasury yields rose after economic data showed signs of persistent inflation, lowering hopes of the Federal Reserve cutting interest rates anytime soon.

- Today, voting across 89 assembly constituencies will take place in the second phase of the Lok Sabha Elections 2024, where voters across 13 states will cast their ballots.

-Earnings reactions will also continue with stocks like Tech Mahindra, IndusInd Bank, Bajaj Finance, L&T Technology services among others reacting to their quarterly numbers.

-Earnings today: HCLTech, Maruti Suzuki, Mahindra Holidays, Bank of Maharashtra, SBI Life, CSB Bank, Motilal Oswal

-Stocks to track: Zensar Technologies, Cyient, Tata Motors, Tata Steel, Vodafone Idea

Tune in to Marketbuzz Podcast for more cues