Nifty bulls likely to pause after record highs; Q2 GDP in focus & Meesho gears up for D-street journey | MC Market Minutes

Episode 4930,   Nov 28, 03:12 AM

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Markets hit fresh record highs for the first time in 14 months but slipped into consolidation ahead of key macro data releases. All eyes are now on India’s Q2 GDP numbers, expected between 7% and 7.5%, as well as the latest IIP and forex data. In global cues, Asian markets trade mixed as U.S. futures remain muted after Thanksgiving, while the dollar heads for its steepest weekly drop in four months and oil rises on renewed hopes of a Ukraine peace deal. Back home, Whirlpool’s block deal, Adani Enterprises’ latest acquisition, and Meesho’s upcoming IPO are among the key stock stories in focus. And in our Voice of the Day segment, listen in to Amit Kumar Gupta of Fintrekk Capital on what’s next for markets after the record run. Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.