Episode 1191
1191: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points
February 12, 20243m 44s
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Show Notes
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
- 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