MarketBuzz Podcast with Reema Tendulkar: Sensex, Nifty likely to track tepid global cues, IndiGo, Maruti Suzuki, Tata Steel, HCL Tech, M&M shares in focus
Episode 314, Aug 08, 2019, 02:44 AM
Indian shares are likely to open flat on Thursday amid volatile trades in global markets and rising tensions between India and Pakistan. Asian shares traded mixed as easings by central banks stoked fears of global recession. BSE Sensex and NSE’s Nifty 50 fell in the previous session after the Reserve Bank of India cut the repo rate by 35 bps and lowered the GDP growth forecast. At 7:33 AM, the SGX Nifty futures traded 4 points, or 0.04 percent, higher at 10,869, indicating a flat start for the Sensex and the Nifty 50.
Indian shares are likely to open flat on Thursday amid volatile trades in global markets and rising tensions between India and Pakistan. Asian shares traded mixed as easings by central banks stoked fears of global recession. BSE Sensex and NSE’s Nifty 50 fell in the previous session after the Reserve Bank of India cut the repo rate by 35 bps and lowered the GDP growth forecast. At 7:33 AM, the SGX Nifty futures traded 4 points, or 0.04 percent, higher at 10,869, indicating a flat start for the Sensex and the Nifty 50.