MarketBuzz

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for Oil Marketing Companies, Paytm and Olectra Greentech

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for Midcaps and Smallcaps and ITC, Coal India, IIFL Finance.

Marketbuzz Podcast: The GIFT Nifty is indicating a flat start for the Indian markets. Watch out for stocks like ITC, SJVN, Smallcaps and IIFL Finance.

Marketbuzz Podcast: The GIFT Nifty is indicating a flat start for the Indian markets. Watch out for stocks like ITC, IndiGo, and Aditya Birla Capital.

Marketbuzz Podcast: The GIFT Nifty is indicating a gap up start for the Indian markets. Watch out for stocks like IndiGo, PSUs and JM Financial

Welcome to CNBC-TV18’s Marketbuzz Podcast for all the important market cues ahead of March 7 session

-Nifty saw a big recovery while broader markets were under pressure in the previous session on March 6. All of Nifty’s 250-point recovery came in the last two hours on the back of private bank and IT stocks.

- Overnight in the US, Wall Street followed world shares to a higher close the benchmark U.S. Treasury yield dipped to a one-month low after Federal Reserve Chair Jerome Powell reassured investors that while inflation is not quite tamed, rate cuts can be expected this year. All three major U.S. stock indexes closed well below session highs, marking a partial rebound from Tuesday's steep sell-off. The tech-heavy Nasdaq enjoyed the most robust gain.

-All major Asia-Pacific stock indexes hit record highs  while investors awaited trade data from China. The Nikkei 225 hit a record high before trading 0.14% lower, while the broader Topix gained 0.4%, also hitting a record high.

- Oil has gone up a percent to $82.90/bbl.

-Bitcoin has cooled after a blistering rally this week that saw it briefly rise above a record high. The cryptocurrency has edged half a percent lower to trade at $66,132.42.

-The Gift Nifty indicates a positive start for the market.

-Stocks to track: Mahindra & Mahindra, NLC India, Hindustan Aeronautics, Zomato, LIC, Vedanta

Tune in to Marketbuzz Podcast for more cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all the important cues ahead of March 6 trading session

- The Gift Nifty indicated a gap down start for the domestic market as of 7:30.

-The last three trading sessions have seen the Nifty continue to trade in a narrow range and remain in consolidation mode. Since the rally on Friday, the index has not exhibited any signs of moving higher towards 22,500 or slipping from their record highs. For now, Nifty seems to be consolidating above 22300.

- NBFCs or non-bank lenders continue to be a key focus. After IIFL Finance, now Reserve Bank of India (RBI) has barred JM Financial Products from financing against shares and debentures. Therefore, NBFCs could continue to be under pressure on sentiment overhang. 

- Both foreign and domestic investors bought in cash. While DIIs bought ₹1,834 crore, FIIs bought ₹574 crore in the cash market. 

-Asia-Pacific markets fell across the board this morning, mirroring a tech slide on Wall Street overnight led by Apple. Apple shares slipped almost 3% in U.S. trading after a report from Counterpoint Research found iPhone sales plunged in China in the first six weeks of 2024. Investors monitored shares of Apple suppliers in Taiwan and South Korea.

-Hong Kong’s Hang Seng index rebounded from Tuesday’s losses to rise 0.26%, while China’s CSI 300 index was down 0.18%. Japan’s Nikkei 225 dipped 0.37%, falling below the 40,000 mark, while the broad-based Topix edged 0.1% higher. 

-U.S. stocks slipped for a second session Tuesday, dragged by steep declines in major tech names such as Apple. The indexes slipped from record high territory. The Nasdaq Composite fell 1.65% as technology stocks fell the most. The Dow Jones Industrial Average lost 1.04% while the S&P 500 fell 1.02%. Meanwhile, the U.S. jobs data is due later this week.

-In cryptocurrencies, bitcoin was slightly up but stayed below a record high reached in a volatile overnight session.

-Oil has fallen nearly 1% to near $82 per barrel whereas Gold has hit fresh highs amid the risk-off environment. 

-Stocks to track: Zomato, JM Financial, Samvardhana Motherson, Havells India, REC Board, Bharti Airtel, Coal India, Wipro, Indiabulls Real Estate, JSW Energy, NHPC and IRCTC.

Welcome to CNBC-TV18’s Marketbuzz Podcast Check out all the cues before the trading session of March 5

- In the previous session, the Nifty held firm above 22,400. Both Sensex and Nifty settled at new record high levels in a highly volatile trade. There was buying in energy and banking shares as Moody's upgraded 2024 India GDP growth forecast on "better than expected" economic data.

- There was also large buying from domestic institutions. The DIIs bought Rs ₹7,300 crore in the first three days of March.

- Overnight in the US, all three major indexes retreated with the S&P 500
 and Nasdaq Composite off all-time highs, despite technology stocks tied to the artificial intelligence boom seeing a rally. The S&P 500 shed 0.12%, while the Nasdaq Composite slipped 0.41%. The Dow Jones Industrial Average lost 0.25%.

-Asia-Pacific markets also fell this morning as China’s “Two Sessions” meeting got under way. Investors are watching out for the details of its economic plans after the country projected a GDP growth target of “around 5%” for 2024. The country also expects the inflation rate to rise to “around 3%.”

-Japan’s Nikkei 225 fell below the 40,000 mark after crossing that milestone yesterday. South Korea’s Kospi also slipped 0.13%, and the small-cap Kosdaq shed 0.92%. Hong Kong’s Hang Seng index fell 1.4%.

-On the commodities front, gold futures settled at a record high on Monday as traders bet the Federal Reserve will start cutting interest rates in the second half of the year. Futures reached $2,126.30, before falling slightly to $2,115.38 per ounce currently.

-Bitcoin has surged past 67000$ for the first time ever. This surge is ahead of bitcoin halving in April and big inflows due to bitcoin spot ETF.

- Tata Motors shares will be significant to watch today. The company has decided to demerge its PV and CV business into two separate entities. Analysts however believe most of the re-rating of tata motors individual segments has already happened.

- According to sources, Macrotech Developers has launched QIP to raise funds. They’ve said that the company is looking to raise ₹3,300 crore through the QIP.

-Tata Communications is another key stock to watch. The Department of Telecom has granted an additional authorisation to provide Machine to Machine (M2M) services in the national area under the company's existing Unified License Agreement. The service authorisation has a validity of 20 years.

-As of 7:30, the Gift Nifty indicated a flat start for the Indian market.

Tune in to the Marketbuzz Podcast for more cues

Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day's trading action on March 4

-The GIFT Nifty 50 traded above 22,500, indicating a start in the green for the domestic market. Asian peers too tracked Wall Street gains.

- Post the three-day surge, the Nifty 50 is only 155 points away from the level of 22,533, which would be three times from the bottom of 7,511 that it had made on March 23, 2020.

-In the U.S., the tech-heavy Nasdaq advanced more than a percent. The S&P 500 also ended almost a percent higher for its first close above the 5,100 threshold. Both Nasdaq and S&P 500 hit fresh highs on March 1

-Sensex and Nifty ended at new closing high levels in the special trading session on Saturday, i.e. March 2nd. They extended their previous day's sharp rally, amid impressive GDP data and foreign fund inflows.

-In morning trade, Japan’s Nikkei smashed the 40,000 barrier. Australia’s S&P/ASX 200 started the week up 0.25%. South Korea’s Kospi rose 1.4%. In contrast, Hong Kong’s Hang Seng index was set to open slightly down.

- Stocks to track: NTPC, SJVN, HAL, L&T, Godrej Properties, Coforge

- The BJP has announced its first of candidates for the 2024 Lok Sabha polls and Prime Minister Narendra Modi will contest from the Varanasi constituency.

- Byju's founder Byju Raveendran has told employees the company will not be able to pay salaries as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors.

- While some like Bengali Matrimony, Marathi Matrimony, Tamil Matrimony, Jodii and Bharat Matrimony, Naukri, 99acres and NaukriGulf are back on Play Store, founders say majority of the apps are still not restored on Play Store.

-IT Minister Ashwini Vaishnaw on Saturday made it clear that the removal of apps by Google was unacceptable and that "startups will get the protection they need". Tension between Google and some Indian apps flared on Friday after the tech giant removed certain apps from its Play Store in India over a dispute on service fee payments.

Tune in to the Marketbuzz Podcast for more cues ahead of today’s session

Marketbuzz Podcast: The GIFT Nifty is indicating another flat start for the Indian markets. Watch out for stocks like Suven Pharma, Biocon, and Chalet Hotels.