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270: Sensex, Nifty likely yo open little changed; SBI, Wipro, Indiabulls Real Estate in focus

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Manage episode 235536348 series 2326402
Content provided by CNBC-TV18. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC-TV18 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Indian benchmark indices are likely to open little changed on Friday, tracking flat trades in global markets and after the Reserve Bank of India’s monetary policy decision. The central bank had cut the repo rate by 25 bps and changed its stance to ‘accommodative’ from ‘neutral’.
However, the decision didn’t cheer the markets and Indian benchmark indices BSE Sensex and NSE’s Nifty 50 recorded their biggest one-day loss.
The Sensex ended 554 points lower at 39,530 while the broader Nifty50 index fell 178 points to end at 11,844.
Asian shares traded marginally higher as investors await updates on US-Mexico trade tensions and US jobs data.
At 7.15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, traded 21 points, or 0.18 percent, lower at 11,863, indicating a muted start for the Sensex and the Nifty 50.
Stocks to watch: SBI, Wipro, Indiabulls Real Estate in focus.
  continue reading

1233 episodes

Artwork
iconShare
 
Manage episode 235536348 series 2326402
Content provided by CNBC-TV18. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC-TV18 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Indian benchmark indices are likely to open little changed on Friday, tracking flat trades in global markets and after the Reserve Bank of India’s monetary policy decision. The central bank had cut the repo rate by 25 bps and changed its stance to ‘accommodative’ from ‘neutral’.
However, the decision didn’t cheer the markets and Indian benchmark indices BSE Sensex and NSE’s Nifty 50 recorded their biggest one-day loss.
The Sensex ended 554 points lower at 39,530 while the broader Nifty50 index fell 178 points to end at 11,844.
Asian shares traded marginally higher as investors await updates on US-Mexico trade tensions and US jobs data.
At 7.15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, traded 21 points, or 0.18 percent, lower at 11,863, indicating a muted start for the Sensex and the Nifty 50.
Stocks to watch: SBI, Wipro, Indiabulls Real Estate in focus.
  continue reading

1233 episodes

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