MarketBuzz

Hello and welcome to CNBC-TV’s Markerbuzz Podcast. Here are all important cues ahead of the trading session of April 2

-Overnight in the US, all three major indexes ended mixed as the benchmark 10-year Treasury yield climbed to 4.319%. Dow Jones Industrial Average lost 0.6%, S&P 500 dipped 0.2% while the tech-heavy Nasdaq Composite rose 0.11%.

-Asia-Pacific markets too were mixed this morning, as investors assessed economic data from South Korea and Australia.

-Factory activity data from India is due later in the day. Manufacturing activity in China and the U.S. expanded in March for the first time in six months and 1-1/2 years, respectively. Markets viewed this as an indicator of rising oil demand.

-Oil prices gained in early Asian trading underpinned by signs of improved demand and escalating Middle East tensions that had sparked a rally in US futures to a five-month high in the previous session. Brent futures for June delivery rose to just under $88 a barrel.

-Nifty 50 hit a new high yesterday, negating any bearish views. However, Nifty's struggles above 22,500 and the broader markets convincingly outperforming continue.

-Experts say that 22,500 remains a key hurdle for the Nifty and only a decisive close above that can trigger the next leg of the rally.

-Foreign investors remained net sellers in the cash market on Monday, while domestic investors continued to remain buyers.

-The Indian market is likely to open with minor cuts with an eye on Bank Nifty, which has in the last six sessions gained over 1,200 points. Banking stocks will be in focus through the week as quarterly business updates are reported along with the RBI policy outcome.

-The Reserve Bank of India (RBI) will conduct auctions for all central government securities through multiple price-based method from this financial year, nearly three years after it changed its methodology.

-Stocks to watch: Vodafone Idea, Bharti Airtel, Reliance, Aditya Birla Fashion, Uno Minda,
Hero MotoCorp, TVS Motor, NMDC, CSB Bank, South Indian Bank, Zomato, Infosys, Maruti Suzuki

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Hello and welcome to CNBC-TV18’s  Marketbuzz Podcast. Here are important cues to track ahead of the market session of April 1

-The Nifty came within 10 points of making a new record high on March 28 but failed to do so. What followed was a sharp sell-off from the highs of the day during the final 45 minutes of the session, which questioned the entire 400-point jump from the lows that the Nifty witnessed on F&O expiry day. -Both foreign and domestic investors remained net buyers in the cash market on Thursday.

-Last week marked the end of the FY24 fiscal. Today the FY25 financial year begins.

-Globally on March 28, US stocks closed mixed ahead of the Easter break. On Good Friday in the US, February’s inflation rose in line with expectations from Dow Jones, with the the personal consumption expenditures price index excluding food and energy increasing 2.8% on a 12-month basis and up 0.3% from a month ago.

-Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: which is that While the Fed expects to cut interest rates this year, it won't be ready to do so until it sees more good inflation readings' and is more confident that annual price increases are falling toward its 2 per cent target.

- This morning, Asia-Pacific markets climbed as investors assessed China’s business activity for February and await economic data out of Japan.

-Oil prices edged down slightly, holding on to most of their recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian refineries and upbeat Chinese manufacturing data. Brent crude fell 17 cents to $86.83 a barrel.

-Talking about the domestic market, Nifty sees a make-or-break week ahead. We will find out if the correction from mid-January is just a pullback or if the uptrend is intact. The support for Nifty stands at 22,152.

-The week will be a data-driven one as companies will start reporting their March quarter business updates, particularly banks and financials, along with certain FMCG companies.

-The focus will also be on the RBI Monetary Policy between April 3-5 and whether the MPC will provide further clarity on where the interest rates are headed in the country. The second week of April will also see IT companies start reporting their quarterly earnings, and future commentary from them will be keenly awaited.

-Stocks to track: Auto companies, HDFC Bank, Infosys, Indian Oil Corporation, RVNL, Adani Total Gas, Lupin, Veranda Learning Solution, Trident, Canara Bank, Torrent Power, Landmark Cars, Macrotech Developers, Metro Brands, SBI Life Insurance, Indian Overseas Bank, NTPC and Adani Green Energy

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Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like IDFC First Bank, Pharma stocks and BHEL.

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for stocks like CDSL, Aster DM and Wockhardt.

Marketbuzz Podcast: The GIFT Nifty is indicating a subdued start for the Indian markets. Watch out for Insurance stocks and names like Adani Ports and Welspun Corp.

Hello and welcome to CNBC-Tv18’s Marketbuzz Podcast, here are all the important developments ahead of the trading session of March 22

-The Indian market is likely to open in green as the gift nifty suggests amid mixed global cues.

-While other Asia-Pacific markets opened mixed this morning, Japan’s Nikkei 225 crossed 41,000 to hit a fresh all-time high as Japan inflation accelerated in February.

-Overnight in the US, all three major indexes hit fresh records, continuing the rally from Thursday after the US Federal Reserve held rates steady and maintained its rate cut forecast for 2024.

-Oil prices sank in early Asian trading on the possibility of a nearing Gaza ceasefire, which could loosen global supply, at the same time a stronger U.S. dollar and faltering gasoline dampened demand sentiment. Brent crude futures fell to $85.60 a barrel.

-Bitcoin has peeled back more than 10% from its all-time high as the appetite for fledgling spot Bitcoin exchange-traded funds moderates. JPMorgan Chase and Co. strategists warned the retreat has room to run.

-In the previous session back home, Nifty 50 and all other sectoral indices staged a rebound, courtesy the Federal rate decision. The Nifty managed to scale past Wednesday's resistance band of 21,900 - 21,950 to close above the 22,000 mark.

-Even in a rebounding market, foreign investors were net sellers in the cash market yesterday, while domestic investors continued to be buyers.

-Market analysts suggest that the market is not out of the woods yet despite some relief yesterday.

-Stocks in focus: TCS, Infosys, Wipro, PSUs, Bharat Dynamics, Prestige Estates, IRB Infra, DOMS Industries, Tata Communications, Mazagon Dock Shipbuilders, Veranda Learning, IREDA

-The Enforcement Directorate has arrested Delhi Chief Minister Arvind Kejriwal in connection with the ongoing probe into alleged irregularities surrounding the capital's liquor policy.

-The much-awaited Indian Premier League (IPL) 2024 commences today in Chennai, with the Chennai Super Kings and Royal Challengers Bengaluru competing against each other.

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Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of the trading session of March 21

- The US Federal Reserve has maintained its interest rate cut projections for the year in the face of upside surprises on inflation, and did not strike a more hawkish tone as some investors had feared.

-Overnight in the US, all three major indexes rose, with the Dow Jones Industrial Average and the S&P500 closing at record highs. The Dow Jones rallied a percent, S&P 500
 gained 0.89% to rise above the 5,200 level for the first time. The Nasdaq Composite
 jumped 1.25%, powered by megacap tech stocks.

-Japan’s markets hit a fresh all-time high as Asia markets climbed after Federal Reserve maintained its forecast for three rate cuts. Japan’s Nikkei 225 surged 1.27%, hitting a new all time high, while the Topix also set a new record and rose 1.26%. Hong Kong’s Hang Seng index gained 1.5%, while the CSI 300 on the Chinese mainland inched up 0.32%.

-Indian market is likely to start the day on a positive note too tracking the global peers.  However, if the domestic market will reverse days of sluggish moves as the March F&O series draws to a close remains to be seen.

-For the Nifty, many short-term indicators are pointing to a bounce. In the previous session, Sensex and Nifty had rebounded propelled by bargain hunting in Reliance Industries, ITC and SBI amid a largely firm trend in global equities. However, traders say a depreciating rupee and selling pressure in small-cap stocks restricted the gains.

-Even as the Nifty is holding 21,800, experts suggest that on the way down, Nifty should not break the low of 21,710.

-There was a large selling from foreign investors yesterday. FIIs sold 2599cr and DIIs bought 2667cr in cash yesterday.

-Oil prices have rebounded after falling in the previous session as US crude and gasoline inventory declines supported the market after signs the US Federal Reserve may keep rates higher for longer crimped the outlook for future fuel demand. Brent crude was at $86.47 a barrel.

-Stocks to watch: TVS Motor, RVNL, Crompton, Sasken Technologies, Suzlon, PB Fintech, Wockhardt, NHPC

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Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of today’s market session 

-The domestic markets sold off across large and smallcaps yesterday. Sensex slipped more than 700 points while Nifty fell below the 22,000 level in the previous session. This was following a sell-off in index majors TCS, Infosys and Reliance and weak Asian trends as Japan's central bank hiked rates for the first time in 17 years. 

-All eyes are now on US’ Federal Reserve as it is due to announce its interest rate decision later tonight. The two-day policy meeting kicked off yesterday. 

-Ahead of the FOMC meet tonight, US equities were higher. The Dow Jones Industrial Average gained 0.83%, marking its best day since Feb. 22, while the S&P 500 climbed half a percent for a fresh record. The Nasdaq Composite advanced 0.39%.

-This morning, Asia-Pacific markets rose as investors digested the Bank of Japan’s landmark shift in monetary policy while awaiting the U.S. Federal Reserve’s interest rate decision.

-Hong Kong’s Hang Seng index slipped 0.51%, while the mainland Chinese CSI 300 was down 0.72% after the PBOC decision. In Australia, the S&P/ASX 200 rose 0.26%, a day after the country’s central bank held rates at 4.35% for the third meeting in a row. 

- Oil is up another 0.6% to above $87 per barrel. 

-In the previous session, Nifty finally closed below the 40-day EMA. It must be noted Nifty made a low but none of the other indices (banks, mid/smallcap) made a lower low. Now for a bounce, Nifty needs to climb above 21,950 (20-hour average). Bank Nifty has fallen for 8 straight days, but did not make a lower low yesterday. Bank Nifty could retrace some of the fall today. 

- Stocks to track: Aditya Birla Sun Life AMC, Vodafone Idea, Aurobindo Pharma, TCS, Persistent Systems, YES Bank, UltraTech Cement, SBI Cards 

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

-Sensex rebounded over 300 points at close yesterday while Nifty ended above the 22,100 level as buying in IT and capital goods shares helped broader markets recover from the previous day's sharp losses.

- The Nifty has managed to respect its 50-Day Moving Average at 21,909, which also indicates that 21,900 is the key level for the Nifty on the downside going forward. On the upside, the index continues to face resistance above 22,100 and Monday's high of 22,123, was at levels similar to that of Friday at 22,120.

-Global cues, meanwhile, seem mixed. Overnight in the US, all three major indexes rebounded as tech companies gained, while investors awaited monetary policy guidance from the Federal Reserve. The Dow Jones Industrial Average rose 0.2%, while the S&P 500 gained 0.63%. The Nasdaq Composite climbed 0.82%.

-Nvidia shares rose 0.7% on the first day of the company’s GTC Conference — where the chipmaker is expected to showcase its latest inroads in artificial intelligence. Shares of Alphabet
ended 4.6% higher after reports that Apple was in talks with Google to include the company’s Gemini AI in iPhones.

-The U.S. Federal Reserve is considered certain to keep rates at 5.25-5.5% when it ends its policy meeting tomorrow, and investors mostly expect the Fed to begin cutting rates by June or July.

-Asia-Pacific markets fell this morning ahead of central bank monetary policy decisions from the Bank of Japan and the Reserve Bank of Australia.

-All eyes are on the Bank of Japan amid expectations that the central bank could end its negative interest rate policy after 17 years. Japan’s Nikkei 225 opened 0.5% lower, still below the 40,000 level. The broader Topix traded near the flat line.

-Oil held a gain with continued Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts in focus. Brent crude traded near $87 a barrel after a 1.8% rally on Monday to the highest close since late October.

-There will be a big block deal taking place in TCS, where Tata Sons will sell 0.64% stake worth over ₹9,000 crore.

-Stocks to track:TCS, Aditya Birla Sun Life AMC, Tata Steel, L&T Finance, Sonata Software, RPP Infra

- GIFT Nifty was trading with a discount of more than 70 points from Nifty Futures' Monday close. indicating a gap-down start for the Indian market

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Welcome to CNBC-TV18’s Marketbuzz Podcast bringing you all the important cues ahead of the trading session of March 18

Here’s a look at top cues to track today

- A key question is if the Nifty will continue to hold on to the 22,000 level after the worst week in five months. Experts say that Nifty's momentum indicators suggest bearish momentum in the near-term. Nagaraj Shetti of HDFC Securities said that the short-term trend of the Nifty remains weak and a decisive move below 21,900 can open sharp downsides towards levels of 21,500 in the near-term. Therefore, 22,000 remains the immediate resistance mark.

- Following the orders of SEBI and AMFI, many reserve funds have released the results of stress tests. Nippon India Small Cap Fund, an asset base holding company with around ₹46,00 crore, says it has accumulated 50% of the portfolio in equity in 27 days. At the same time, Edelweiss Mutual Fund says that it has created 50% of its portfolio in 2 days of investment. The results of the stress test will be issued to all these French fund houses every 15 days after March 15.

-Wall Street awaits guidance on monetary policy from the Federal Reserve this week. In the previous session on Friday in the US, all three indexes fell as inflation concerns remain front and center ahead of the Federal Reserve’s policy meeting. The S&P 500 lost 0.65%, while the Dow Jones Industrial Average dipped half a percent and the Nasdaq Composite slipped almost a percent.

-This morning, Japan’s Nikkei 225 index led gains in Asia-Pacific markets on, ahead of a week full of central bank meetings, while investors awaited a slew of economic data from China. Japan’s Nikkei 225 rose 2.1%, while the Topix climbed 1.6%. Hong Kong’s Hang Seng index opened 0.27% lower, while the CSI 300 index was 0.17% higher.

- China is set to release a slew of economic data, including its February retail sales, industrial output, and urban unemployment numbers.

-Oil prices ticked up in early trade, firming up gains from last week when prices rose nearly 4% on the view that supply was tightening. Brent crude oil futures for May delivery were above $85 a barrel.

- Stocks to track: Zomato, HDFC Life, Aurobindo Pharma, Coforge, Adani Group stocks, Aditya Birla Fashion, Crompton Greaves, SJVN, Hindustan Aeronautics, LIC

-In other news, the Election Commission announced dates for upcoming Lok Sabha polls as well as simultaneous elections to four states in seven phases starting April 19. The results will be announced on June 4.

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