MarketBuzz Podcast With Vivek Iyer: Sensex and Nifty50 likely to make a gap-up start today

Episode 966,   Sep 29, 2022, 03:39 AM

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open sharply higher on Thursday, tracking a comeback across global markets following days of selling amid concerns about aggressive policy tightening by major central banks and its impact on economic growth. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 191.5 points or 1.1 percent to 17,078 ahead of the opening bell on Dalal Street. Investors awaited the outcome of a key meeting of the RBI's Monetary Policy Committee due this week for domestic cues.