Episode 1088
1088: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open lower
September 1, 20233m 36s
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Show Notes
Indian benchmark indices — Sensex and Nifty 50 — are set to open marginally lower on September 1, on caution ahead of a key US jobs report, which could influence the Federal Reserve's rate decision later this month.
India's GIFT Nifty on the NSE International Exchange was down 0.20% at 19,390 at 8:18 a.m. IST.
Wall Street equities were mixed overnight after the personal consumption expenditures (PCE) price index, the Fed's preferred measure of inflation, met expectations, easing rate concerns. Investors now await the non-farm payrolls report, due later in the day.
Tune in to the Marketbuzz Podcast for more news and cues ahead of session
India's GIFT Nifty on the NSE International Exchange was down 0.20% at 19,390 at 8:18 a.m. IST.
Wall Street equities were mixed overnight after the personal consumption expenditures (PCE) price index, the Fed's preferred measure of inflation, met expectations, easing rate concerns. Investors now await the non-farm payrolls report, due later in the day.
Tune in to the Marketbuzz Podcast for more news and cues ahead of session