Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open in green, Budget, results in focus
Episode 1183, Jan 30, 02:55 AM
Indian benchmark indices, Sensex and Nifty 50, are likely to open in the green in the trading session of January 30 with a heavy week ahead as Budget 2024, auto sales numbers and corporate earnings are all lined up this week.
India's GIFT Nifty was trading at 21,961 points as of 7:50 a.m. IST, suggesting the NSE Nifty 50 will open above its January 29 close of 21,737.60.
Overnight in the US, Wall Street equities rose overnight with the S&P 500 hitting a fresh record high, ahead of key corporate earnings and Fed policy decision on January 31. Asian markets were muted.
Oil prices cooled off from two-month highs with brand futures down a little over a percent to the $82.4 a barrel mark.
Meanwhile, in the previous session, the Nifty 50 and the BSE Sensex logged their best day since December 4, 2023, driven by gains in heavyweights Reliance Industries and ONGC as oil prices climbed.
Stocks to watch: ITC, Bajaj Finance, NTPC, Vodafone Idea, Piramal Enterprises, Marico
Tune in to the Marketbuzz Podcast for more cues
India's GIFT Nifty was trading at 21,961 points as of 7:50 a.m. IST, suggesting the NSE Nifty 50 will open above its January 29 close of 21,737.60.
Overnight in the US, Wall Street equities rose overnight with the S&P 500 hitting a fresh record high, ahead of key corporate earnings and Fed policy decision on January 31. Asian markets were muted.
Oil prices cooled off from two-month highs with brand futures down a little over a percent to the $82.4 a barrel mark.
Meanwhile, in the previous session, the Nifty 50 and the BSE Sensex logged their best day since December 4, 2023, driven by gains in heavyweights Reliance Industries and ONGC as oil prices climbed.
Stocks to watch: ITC, Bajaj Finance, NTPC, Vodafone Idea, Piramal Enterprises, Marico
Tune in to the Marketbuzz Podcast for more cues