MarketBuzz CNBC-TV18

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important news and cues ahead of the trading session of June 19

-It was the fourth day of record highs on June 18. The Nifty's positive consolidation continued at the start of the new, truncated week as well.  The index finally managed to cross and close above the mark of 23,500. Strong support came from the bank nifty, which rose 370 points yesterday.

-With the market lacking any directional cue, the focus is more on global cues. Indian equities also moved higher on Tuesday courtesy of a positive handover from Wall Street overnight. However, many analysts on Wall Street are turning cautious on the rally seen by the benchmark indices.

-Asian equities opened higher this morning after a surge in chipmakers drove US stocks to yet another record-breaking session on Wall Street. Shares in South Korea jumped about 1% and those in Japan also climbed, while the Australian benchmark was little changed. Hong Kong futures pointed to gains ahead of a financial conference in Shanghai, where traders expect more market-supportive policies to be announced.

-US traders pushed the S&P 500 closer to the historic 5,500 mark, betting the potential for Federal Reserve rate cuts will keep fueling the tech industry.

-Overnight, Nvidia became the world’s most-valuable company — topping Microsoft — to extend this year’s record-breaking surge. A bullish analyst call projected the firm at the heart of the artificial-intelligence boom will hit nearly $5 trillion in value in the coming year — from about $3.3 trillion. 

-In commodities, oil steadied after its biggest two-day gain in three months as a sustained risk-on mood in wider markets outweighed signs of further stockpile growth in the US. Gold was little changed.

-the GIFT Nifty was trading with a premium of nearly 95 points from Nifty Futures' Tuesday close, indicating a gap-up start for the Indian market.

-Stocks to track: Indus Towers, Gland Pharma, Sansera Engineering, Craftsman Automation, Prestige Estates, Snowman Logistics, Sona BLW, Bharat Forge, AMI Organics, Zee Entertainment

Tune in to the Marketbuzz Podcast for more cues

Marketbuzz Podcast: Indian markets may see a positive start according to the GIFT Nifty. Watch out for stocks like IIFL Finance, M&M, Zomato. 

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like Ambuja Cements, Suzlon, Vodafone Idea.

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like Nestle India, Sobha and Arvind.

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like the Brightcom Group, IndiGo, HCLTech.

Marketbuzz Podcast: Indian markets may see a flat-to-positive start according to the GIFT Nifty. Watch out for stocks like IndiGo, IRB Infra, and RVNL.