MarketBuzz

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.

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for stocks like TCS, IREDA, and Anand Rathi Wealth.

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for stocks like Vodafone Idea, Bharti Hexacom and Sun Pharma.

The GIFT Nifty is indicating a positive start for the Indian markets. Find out why will stocks like Vedanta, Vodafone Idea and Paytm will be in focus.

The GIFT Nifty is indicating a Gap-up opening for the Indian markets. Will the Nifty conquer 23,000? Find out more on the Marketbuzz podcast.

Marketbuzz Podcast: The GIFT Nifty is indicating a gap-up start for the Indian markets. Watch out for stocks like Vodafone Idea, Bandhan Bank, and Wipro.

Hello and welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 5

-All eyes today will be on two data points – RBI policy and US jobs data

-Overnight in the US, all three major indexes lost ground, with the Dow Jones Industrial Average falling 1.3% to record its worst session since March 2023, and logging its fourth consecutive losing day. The S&P 500 dropped 1.2%, while the tech-heavy Nasdaq Composite
 saw the largest loss of 1.40%. This was after comments from the US Federal Reserve officials fueled worries that the central bank could hold off on rate cuts.

-Asia-Pacific markets also fell this morning, led by Japan’s Nikkei 225, which was down over 2% after briefly crossing the 40,000 mark on Thursday, while the broad based Topix was 1.7% lower.

-Oil prices continued to rise, with Brent crude reaching a new six-month high of $90.65 per barrel.

-Reserve Bank of India’s April rate decision is due today and the consensus is that there will be no change in key lending rates. The policy outcome could further determine the direction for the market.

-Barring HDFC Bank, the rest of the market appeared choppy on Thursday. The Nifty opened well above 22,600, could not sustain those gains, turned negative, nearly fell below 22,300 but reversed and eventually closed above 22,500. There were trades available on both sides of the spectrum but that came with extreme volatility.

-For the week, the Nifty is still up 1% and set for its third straight weekly advance. The index is poised for to gain for the seventh out of the last eight weeks

-Both foreign and domestic investors were net sellers in the cash market on Thursday.

-GIFT Nifty, traded with a discount of more than 30 points from Nifty Futures' Thursday close, indicating a start in the red for the Indian market.

-Stocks to watch: Bajaj Finance, IndusInd Bank, Bandhan Bank, Cipla, Nestle India, Sobha, Prestige Estates, L&T, Sula Vineyards, Avanti Feeds

Tune in to the Marketbuzz Podcast for more cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 4

-Overnight in the US, the Dow Jones Industrial Average  fell 0.11%, to mark its third straight negative day. The S&P 500 inched higher by 0.11% in its first winning session of the week, and the Nasdaq Composite traded up by 0.23%.

-Federal Reserve Chair Jerome Powell reiterated that recent readings on job gains and higher-than-expected inflation do not materially change the overall picture of economic policy this year. He says it would take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain.

-The Asia-Pacific markets this morning rebounded following a sell-off in the previous session, as investors digest comments from the US Fed Chair. Markets in Hong Kong, mainland China and Taiwan are closed for a public holiday.

-There was also action in commodities as gold reached another record, oil a five-month peak and copper a 13-month top, helping lift Asian shares in basic materials and energy companies.

-Back home, there have been intraday recoveries and flat closes for the past two days and the strategy of 'buy the dip' seems to be working well.

-Nifty 50 has been waiting for a decisive break above 22,526. The index has been in snooze mode over the last two sessions after a three-day rally. From the March 20 swing low of 21,710, the Nifty has recovered over 3.5%.

-The Indian market has remained resilient despite adverse global cues. It remains to be seen how long will the resilience last as crude oil prices are knocking on the doors of $90 a barrel, Treasury yields in the US are back above 4.3% and the rally on Wall Street is also showing signs of exhaustion.

-The Gift Nifty suggests a positive start for the domestic benchmarks

- Stocks to track: Avenue Supermarts, Vodafone Idea, L&T Finance, RBL Bank, KEC International, Vedanta, Union Bank of India, GE Power India, GMR Power

Tune in to the Marketbuzz Podcast for more

Hello and welcome back to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of April 3

-Asia-Pacific stocks declined this morning after a mixed session, with markets watching for moves in electric vehicle makers. It’s because Tesla’s first-quarter vehicle deliveries dropped 8.5% from a year ago, sending shares of the US EV maker down 5%. 

-In the US  overnight, Dow Jones fell for a second day as bond yields rose and expectations that the Fed would cut interest rates in June fell. The Dow closed nearly 400 points, or a percent 1% lower, while the S&P 500 slid 0.72%. It was the worst day since March 5 for the Dow and the S&P 500. The Nasdaq Composite shed 0.95%.

-Taiwan was hit by a powerful earthquake early today. The Taiwan Weighted Index shed 0.8%. Japan’s Nikkei 225 is down 1.07%, with the broad based Topix 0.49% lower.

-Crude prices were higher, the US Dollar index also inched up, as did the treasury yields in the US. 

-In the previous session, the Nifty managed to avoid any significant correction and the dip that came in during the day, was quickly bought into. After a swift recovery from the recent swing low of March 20, the Nifty seems to have taken a pause. It traded in a 100-point range yesterday but managed to respect levels both on the upside and the downside. 

-The Nifty Bank also remained in consolidation mode with heavyweight banks on either side of the fence

-Stocks to watch: UltraTech Cement, JSW Energy Board, Zee Entertainment, Anupam Rasayan, Dhanlaxmi Bank, Hindustan Zinc, NALCO, Karur Vysya Bank, HCLTech, Shriram Properties 

-Gift Nifty suggests a start in the red for benchmarks Sensex and Nifty.

Tune in to the podcast for more cues