Episode 1113
1113: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to rebound tracking global peers
October 10, 20233m 19s
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Show Notes
Indian benchmark indices — Sensex and Nifty 50 — will likely open in green on October 9, following the slump in the previous session in which the Nifty 50 almost slipped to levels of 19,500.
The gains in the domestic markets shall come given the rebound in the global markets though Middle East tensions continue. The conflict between Israel and Hamas continues to intensify but the global markets are now shrugging off the weakness.The US markets ended with strength.
Dallas Fed President Lorie Logan said the recent rise in long-term U.S. Treasury yields, and tighter financial conditions more generally, could mean less need for the Federal Reserve to raise interest rates further.
Meanwhile, the GIFT Nifty is also suggesting a positive start for the domestic market
Stocks to track: Dr Reddy, IDFC First Bank, Glenmark Lifesciences, Mazagon Dock, Hindustan Zinc
Tune in to the Marketbuzz Podcast for more news and cues
The gains in the domestic markets shall come given the rebound in the global markets though Middle East tensions continue. The conflict between Israel and Hamas continues to intensify but the global markets are now shrugging off the weakness.The US markets ended with strength.
Dallas Fed President Lorie Logan said the recent rise in long-term U.S. Treasury yields, and tighter financial conditions more generally, could mean less need for the Federal Reserve to raise interest rates further.
Meanwhile, the GIFT Nifty is also suggesting a positive start for the domestic market
Stocks to track: Dr Reddy, IDFC First Bank, Glenmark Lifesciences, Mazagon Dock, Hindustan Zinc
Tune in to the Marketbuzz Podcast for more news and cues