MarketBuzz

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Friday, after the Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10 percent as it raised interest rates to their highest since 2009. At 8:50 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were down 259.5 points or 1.6 percent at 16,431.5.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open stronger on Thursday in a rebound after sharp losses in the previous session, after the Fed hiked the key interest rate by 50 basis points as expected and ruled out more aggressive tightening of policy going forward. At 7:40 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were up 152 points or 0.9 percent at 16,841. On Wednesday, an out-of-cycle rate hike of 40 bps by the RBI along with an increase in the cash reserve ratio had caught Dalal Street by surprise, turning the bulls nervous.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher today as trading resumes after a day's holiday. Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- rose as much as 109.5 points or 0.6 percent to 17,094 ahead of the opening on Dalal Street. All eyes are now on the LIC's mega IPO, due for a launch at 10 am. Globally, investors are bracing for a 50 bps hike in interest rates by the Fed later in the day.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Monday's session sharply lower tracking weakness in other Asian markets amid thin trade. At 8:52 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were down 203.5 points or 1.2 percent at 16,923. Investors awaited more of earnings from India Inc for cues. All eyes will be on the Fed's decision on key interest rates due this week.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start the last session of the trading week higher as other Asian markets tracked a strong session on Wall Street overnight. At 8:50 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were up 73 points or 0.4 percent at 17,303. A slew of blue-chip companies are scheduled to report their financial results for the January-March period during the day.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a muted start on Thursday tracking cautious gains across global markets a day after growth concerns triggered a sell-off. At 8:50 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- were up 19.5 points or 0.1 percent at 17,090.5.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Wednesday tracking weakness across global markets on concerns about global growth. Investors closely tracked US tech earnings amid fears of aggressive rate hikes by the Fed. At 8:44 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- were down 161 points or 0.9 percent at 17,035.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-up start on Tuesday tracking gains across most Asian markets following an overnight jump in Wall Street indices. At 8:45 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- were up 119.5 points or 0.7 percent at 17,114.5.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down opening on Monday tracking weakness across global markets amid concerns about aggressive rate hikes following hawkish commentary from the Fed. At 8:56 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- were down 222 points or 1.3 percent at 16,958.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Friday tracking weakness across global markets, as Fed Chairman Jerome Powell's remark that the US central bank will move aggressively to curb inflation brought back fears of steep hikes in pandemic-era interest rates. At 8:48 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were down 221 points or 1.3 percent at 17,186. Globally, news flow on the Russia-Ukraine war and rising COVID cases in parts of the world remained on investors' radar.