MarketBuzz

Marketbuzz Podcast: Indian markets may open in the green according to the GIFT Nifty. Watch out for stocks like Zomato, ONGC, IGL, NMDC.

Marketbuzz Podcast: Indian markets may open in the red according to the GIFT Nifty. Watch out for stocks like Tata Motors, Avenue Supermarts, V2 Retail and others.

Marketbuzz Podcast: Indian markets may open in the red according to the GIFT Nifty. Watch out for stocks like Mazagon Dock, ITC, Easy Trip Planners.

Marketbuzz Podcast: Indian markets may open in the red according to the GIFT Nifty. Watch out for stocks like HDFC Bank, Siemens India, Ola Electric and more.

Marketbuzz Podcast: Indian markets may open in the green according to the GIFT Nifty. Watch out for stocks like NTPC Green Energy, Ola Electric, Gland Pharma and others.

Marketbuzz Podcast: Indian markets may open flat according to the GIFT Nifty. Watch out for stocks like Defence stocks, Tata Motors, Greaves Cotton and more.

Marketbuzz Podcast: Indian markets may open gap-up according to the GIFT Nifty. Watch out for stocks like Bajaj Auto, Steel Stocks, Vedanta and Zomato

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of December 20

-The key question today is can bulls turn the tide now that the Nifty is facing its worst week in three months. On Thursday, the Nifty violated almost every near-term support from 24,100, 24,000, and at one point, even 23,900, although it managed to reclaim the latter towards the close of the session.

-Going ahead, market participants are keeping an eye on the Bank of England policy meeting and Q3 US GDP numbers due later on Thursday.

-This morning, the GIFT Nifty was trading with a discount of nearly 90 points from Nifty Futures' Thursday close, indicating a gap-down start for Indian market.

-Om Mehra of SAMCO Securities says that after the steep correction, there might be mean reversion, and the Nifty may see a relief rally in the coming session and that the next support level remains at 23,600. Shrikant Chouhan of Kotak Securities believes the short-term market sentiment remains on the weak side; however, due to temporary oversold conditions, a quick pullback rally from the current levels could be seen.

-Stocks to watch: IT stocks, Hyundai Motor India, IndiGo, AU Small Finance Bank, KPI Green,
GE Vernova, BASF

-Asian stocks declined as investors awaited the release of the Federal Reserve’s preferred inflation gauge for fresh clues about its policy outlook. A key index of regional shares shed 0.2%, with losses in Australia and South Korea. Japan was an outlier after the yen weakened earlier. Hong Kong and mainland Chinese equities fluctuated in opening trade. US futures fell after both the S&P 500 and the Nasdaq 100 dropped.

-The focus is now on US personal consumption expenditures for November due later Friday, the last major piece of data for the year, after the Fed’s latest hawkish policy pivot. Data released Thursday, including faster-than-expected expansion for gross domestic product and stronger consumer spending, weakened the case for imminent rate cuts.

-Elsewhere, the Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursday with just over 24 hours to go before a US government shutdown.

Tune in to the Marketbuzz Podcast for more cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are the top developments from around the world ahead of the trading session of December 19

-The Fed has lowered rates 25 basis points as expected, but also issued a forecast that it will now cut rates only twice in 2025 compared to four given in its previous forecast.

-Fed Chair Jerome Powell said the central bank would be more cautious as it considers further adjustments to the policy rate, noting the Fed is committed to reaching its 2% inflation target.

-US markets sank overnight after the US Federal Reserve signalled fewer than expected rate cuts for 2025. The Dow Jones fell 1,100 points or 2.6% to mark its worst day since August and extend its slide for the 10th day running. This is the longest losing streak for the index since 1974. This was also only the second instance in 2024 that the 30-stock index fell 1,000 points or more in a session.

-While the S&P 500 shed 3% to fall below 6,000, the Nasdaq shed 3.6% to close well below the 20,000 mark. This was the worst Fed policy day for the S&P 500 since 2001. On one hand, the Fed did cut interest rates by 25 basis points on expected lines, but said that it will now cut rates only twice in 2025 compared to four given in its previous forecast.

-Following the forecast, Asian stocks slid this morning, echoing a slump in US equities. Equity benchmarks in Japan, Australia and South Korea declined, helping drag a gauge of regional equities more than 1% lower. US stock futures edged higher after the S&P 500 suffered its biggest loss since 2001 for a Fed decision day.

-The Gift Nifty fell 300 points after the Wall Street sell-off, indicating more pain for Sensex and Nifty. The current trend indicates that Nifty is set to open below the level of 24,000.

-Even as the market struggled through the day yesterday, the session belonged to the three new listings on Dalal Street - Vishal Mega Mart, MobiKwik and Sai Life Sciences, all of which had a stellar debut on the bourses. The shares ended with gains between 40% to 90% from their issue price and now have a combined market capitalisation of ₹70,000 crore.

-Stocks to watch: Asian Paints, DOMS Industries, Yatharth Hospitals, Zaggle Prepaid Ocean Services, Borosil Renewables, IOL Chemicals, NITCO, Indowind Energy, JSW Infra

Tune in to the Marketbuzz Podcast for more cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are the top developments from around the world ahead of the trading session on December 18

-The Nifty also closed below the 50-Day Moving Average (DMA), which is around the mark of 24,400 after a fall of over 300 points. 49 out of the 50 Nifty stocks ended with losses on Tuesday with Cipla being the only outlier that barely managed to stay afloat above the flat line. 41% of the 330-point fall that the Nifty saw on Tuesday came from its top five laggards - HDFC Bank, Bharti Airtel, TCS, ICICI Bank, and L&T. Even Reliance Industries played its part in taking the Nifty lower.

-It remains to be seen whether any relief is forthcoming from the institutional end on Wednesday as a lot of the IPO funds locked up would be refunded by Tuesday evening. While no such relief was seen on Tuesday when the process began, the bulls would rest their hopes on Wednesday.

-Wednesday's session will see three listings, that of MobiKwik, Vishal Mega Mart and Sai Life Sciences. While MobiKwik and Vishal Mega Mart saw healthy subscription figures, Sai Life saw a subdued response but may still list at a premium to its IPO price.

-Stocks to track: Aurobindo Pharma, JSW Energy, Ambuja Cements, Exide Industries, insurance stocks, Aditya Birla, Edelweiss Financial

-Global markets are on the edge ahead of key central bank decisions, including the US Federal Reserve, the impact of which will be seen during Thursday's trading session. The Bank of Japan will also be announcing its monetary policy decision on Thursday. Asian shares turned higher this morning, shrugging off Wall Street’s modest declines as traders braced for the Federal Reserve’s final policy decision of the year.

Tune in to the Marketbuzz Podcast for more cues