MarketBuzz

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 15 trading action

-In the previous session, the Indian market defied the negative cues from global peers and made a smart recovery during intra-day trading to settle at day's high led by gains in State Bank of India, Bank of Baroda, and other PSU banks. At close, the BSE Sensex rose 267 to settle at 71,822.83 and the Nifty50 gained 96 points to end at 21,840.

- Foreign institutional investors (FIIs) net sold shares worth Rs 3,929.60 crore, while domestic institutional investors (DIIs) purchased Rs 2,897.98 crore worth of stocks on February 14, provisional data from the NSE showed.

-Will Nifty 50 retest the 22000 or 22100 levels? Analysts say with the third quarter earnings season almost over, the focus will now shift to global cues and economic data points. And that the market may see a gradual up move on the back of strong fundamentals.

- Overnight in the US, all three major indexes regained some ground after the sell-off on February 13, following hotter-than-anticipated inflation reading. The S&P 500 advanced almost a percent while the Nasdaq Composite climbed more than a percent. The Dow Jones  was up 0.4%.

-In morning trade, Asian markets rebounded after mostly falling in the previous session. This is even as GDP numbers from Japan showed that Asia’s second-largest economy had entered a technical recession.

-All eyes will be on US retail sales data, jobless claims and industrial production data that will be released in the evening

-Stocks to track: Utkarsh Small Finance Bank, Hindustan Unilever, IRCTC, Paytm, M&M, Muthoot Finance, Gland Pharma, Glenmark Pharma and Sun TV.

-Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 80 points or 0.37 percent. The Nifty futures were trading around the 21,993 level.

-Results: EPACK Durable and R Systems International

-Nifty’s weekly options expiry is also due today.

Tune in to the Marketbuzz Podcast fore more cues

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 14 trading action

- US inflation data came out higher than expected. US CPI data rose by 0.3% on a monthly basis, while on an annual basis it was up 3.1%. Core prices, which exclude volatile food and energy components, rose 0.4% month over month and 3.9% from a year ago. Core CPI was expected to have increased 0.3% in January and 3.7% from a year earlier, respectively.

- Overnight in the US, the hotter-than-expected inflation data saw all three major indexes lose ground, with the Dow Jones Industrial Average falling 1.35%, clocking its worst session since March 2023 on a percentage basis. The S&P 500 slid 1.37%, while the Nasdaq Composite fell 1.8% to settle at 15,655.60.

- Asia-Pacific markets tracked Wall Street losses. Hong Kong’s Hang Seng index led losses in Asia, plunging 1.7% at the open as the city returns to trade after the Lunar New Year holiday. Japan’s Nikkei 225 retreated from 34-year highs, falling 0.78%, while the Topix saw a larger loss of 1.21%

- Oil held a seven-day run of gains as traders digested contrasting outlooks from OPEC and the IEA, as well as a mixed US stockpiles report.

- Brent was near $83. Although OPEC’s top official said global oil demand is set to grow strongly, the Paris-based International Energy Agency flagged comfortable markets this year.

- The domestic stock market in the previous session closed at day's high amid volatility, regaining half of Monday's losses. The Nifty50 index held onto 21,700. The midcap index also recovered sharply, gaining about 1,000 points from lows. The Sensex rose 482.70 points or 0.68% at 71,555.19, and the Nifty gained 127.30 points or 0.59% at 21,743.30.

- The Nifty Bank index also shed previous session losses and settled 1.38% higher at 45,502.40. The PSU sector has bounced back after witnessing profit booking over the last few trading sessions.

- Meanwhile, foreign investors were net buyers, buying ₹376 crore, in the cash market on February 13, while domestic investors also bought ₹274 crore in equities.

- Adani Group companies, IRCTC, Zee Ent, Nalco, Oil India, Deepak Nitrite, BPCL,  Bharat Electronics

- Gift Nifty was trading in the negative territory this morning indicating a start below 21700 level for Nifty.

Tune in to the Marketbuzz Podcast for more cues

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 13 trading action

-The domestic stock market failed to hold opening gains on February 12, weighed down by broad-based profit booking. Small- and mid-caps extended their slide on rising concerns over high valuations. The NSE Nifty 50 index settled 0.76% or 166.45 points lower at 21,616.05, while the S&P BSE Sensex closed 0.73% or over 500 points lower at 71,072.49.

-Foreign institutional investors (FIIs) net bought shares worth ₹126.60 crore, while domestic institutional investors (DIIs) purchased ₹1,711.75 crore worth of stocks on February 12, provisional data from the NSE showed.

-Following the February 2024 quarterly review, NMDC, GMR Airports, Union Bank, BHEL and Punjab National Bank have entered the MSCI Global Standard Index. Apart from the new additions, the index provider has also increased the weights of Zomato, DLF, MRF, Hindalco, Interglobe Aviation, Dr Reddy's, Hero Motocorp, HDFC AMC, Lupin, Astral, One97 Communications and Bandhan Bank.

- On Wall Street, the S&P 500 ended down slightly after hitting a fresh intraday record high. The MSCI world stock index was flat after touching its highest level since January 2022.

-US’ January consumer price index report is due later today, while the U.S. producer prices report is due later in the week. Investors are also eager to see Thursday's U.S. retail sales report for January.

-The Asia-Pacific markets mostly rose this morning as more markets return to trade from the Lunar New Year holiday, including South Korea and Singapore. Japan’s Nikkei 225 rose 1.82% on its open, crossing the 37,000 mark. Should the Nikkei sustain its gains and close above this mark, it will reach a 34-year high. Markets in China are closed for the week, due to the Lunar New Year holiday. Hong Kong is closed Tuesday, but is set to resume trading Wednesday.

- Bitcoin has hit the $50,000 level for the first time in more than two years as the world's largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month's regulatory nod for U.S. exchange-traded funds designed to track its price.

-Results: Eicher Motors, Hindalco Industries, Siemens, Zee Entertainment Enterprises, IRCTC, Bharat Heavy Electricals, Bosch, National Aluminium Company, Gujarat Gas, Indiabulls Real Estate, Innova Captab, INOX India, Oil India, and Sula Vineyards among others.

-Stocks to track: Coal India, JSW Energy, Steel Authority of India, Hindalco

- Gift Nifty was trading 0.1% percent lower at 21,728 at around 7:30 am, indicating a flat start of the domestic market.

Tune in to the Marketbuzz Podcast for more cues

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 12 trading action

- Stocks on Wall Street ended higher on February 9, after December’s revised inflation reading came in lower than first reported. S&P 500 closed above the key 5,000 level for the first time ever while the tech heavy Nasdaq Composite rallied more than a percent. The Dow Jones, meanwhile, slipped 54 points to settle at 38,671.

- Asian markets were mixed in February 12 morning trade as they started a holiday-shortened week for most markets due to the Lunar new year. China remains shut for the week.

- Oil declined half a percent with Brent crude trading near the $82 a barrel mark.

- The CPI inflation data for January and the industrial production data for the month of December are due to be released later in the day.

- In the previous session, India's stock benchmarks made a recovery in the second half of the trading session. Investors bought banking, financial, and pharma stocks ahead of the last leg of the third-quarter corporate results.

- Foreign investors were net buyers, buying ₹141 crore in the cash market on February 9, the last trading session while domestic investors were heavy sellers, selling ₹421.87 crore in equities.

- Nifty 50 shed 120 points to finish at 21,782.5, while BSE Sensex tumbled 723 points or 1% to close at 71,595. PSU banks were a key highlight as they outshined with the State Bank of India leading with a 12% rally in just five trading sessions.

- Key stocks to watch: ONGC, MCX, Apeejay Surrendra Park Hotels

- Results today: Vinati Organics, Bharat Forge, Chambal Breweries & Distilleries, Coal India, Dilip Buildcon, GE Power India, Hindustan Aeronautics, JM Financial  and Mazagon Dock Shipbuilders

- Gift Nifty was trading 0.09% higher at 21,945 at around 7 am, indicating a start near the flatline for the domestic market.

Tune in to the Marketbuzz Podcast for more cues

Marketbuzz Podcast: The GIFT Nifty is indicating a slightly negative start for the markets today. Keep an eye out for banking stocks, ITC and LIC.

The GIFT Nifty is indicating a positive start for the markets today. Keep an eye out for RBI's policy decision and stocks like LIC and Tata Consumer.

Marketbuzz Podcast: The GIFT Nifty is indicating a positive start for the Nifty today. Keep an eye out for stocks like Britannia and Navin Fluorine. Tune in to the podcast for more.

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a muted opening in the trading session of February 6.  

In the previous session, Nifty 50 made an intraday high of around 21,960 and corrected almost 200 points from those levels. Public sector companies like SJVN, NHPC, oil marketing companies (OMCs) have also been on the radar and have corrected sharply.

Several stocks like Ashok Leyland and Suven Pharma are expected to react to Q3 results.\ Meanwhile, companies like Britannia, Nykaa, Nazara Tech and Lemon Tree among others will report their quarterly results. 

Globally, the handover from Wall Street is weak while Asian markets traded mixed in the morning. The GIFT Nifty is indicating a muted start for the domestic market

Tune in to the Marketbuzz Podcast for more cues

Indian benchmark indices, Sensex and Nifty 50, are likely to open in the red in the trading session of February 5 with a focus on stocks like Zee Entertainment, Paytm, Tata Motors and Delhivery among others. 

India's GIFT Nifty was trading at 21,919 points as of 7:54 am IST, suggesting the NSE Nifty 50 will open near its February 2 close of 21,853.80.

Last week, Nifty Bank outperformed the Nifty on a weekly basis for the first time in almost two months. It gained 2.5% last week compared to the Nifty 50’s 2.3% gain. The last time this happened was in December 2023.

However, overall the market sold off sharply. The Nifty 50 although it ended higher, it closed almost 300 points off the highest point of the day. The Nifty Bank, despite outperforming last week, was still the weaker among the two. Out of the last 11 sessions, the Nifty Bank closed above 46,000 only twice.

The week starting February 5 is a data heavy week with quarterly earnings of Britannia, Bharti Airtel and Lupin, and RBI monetary policy. 

This morning, Asian markets were lower after data showed US non-farm payrolls jumped more than expected in January, highlighting a resilient economy and weighing on hopes of an early Fed rate cut.

Brent crude futures inched up 8 cents to $77.41 a barrel by 0131 GMT, while U.S. West Texas Intermediate futures were flat at $72.28 a barrel.

Tune in to the Marketbuzz Podcast for more cues

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a strong start in the trading session of February 2, a day after Finance Minister Nirmala Sitharaman presented an interim budget for 2024. 

India's GIFT Nifty was trading at 21,912 points as of 8:20 a.m. IST, suggesting the NSE Nifty 50 will open above its February 1 close of 21,697.45.

Asian shares also gained in morning trade after US labour market data indicated a cooling economy, providing support to the Federal Reserve to combat inflation. Wall Street equities closed higher overnight aided by Meta’s strong results and buyback announcement.

Brent crude futures rose 50 cents, or 0.6%, to $79.20 a barrel at 7:25 am, while U.S. West Texas Intermediate crude futures gained 40 cents, or 0.5%, to $74.22 a barrel.

In the domestic market, towards the end of the previous trading session, markets erased the opening gains to end with minor cuts. The market is likely to deeply analyse the budget and there might be reactions to that.

Stocks to watch: Metal, pharma, and auto stocks, Paytm, Bandhan Bank and more

Tune in to the Marketbuzz Podcast for more cues