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4314: Will Nifty show resilience amid renewed weakness in global markets? RBI Policy today| Market Minutes

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Manage episode 433070401 series 2281774
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In this episode of Market Minutes, Nandita Khemka talks about the key factors to watch out for today. The Indian markets snapped a three-day losing streak with the Nifty rallying over 300 points to end near the key 24,300 level. Broad-based buying was seen across sectors ahead of the RBI monetary policy outcome. The central bank will announce its bi-monthly interest rate decision today. Economists expect RBI to hold rates and maintain stance at withdrawal of accommodation. Meanwhile, there is renewed weakness in the global markets with Wall Street ending with cuts of over a percent. Asian markets too are on the backfoot and the GIFT Nifty is down nearly 200 points. Can India markets show resilience? Among stocks to watch, Hindalco, Eicher Motors, Godrej Consumer, Protean eGov Tech will be in focus. Meanwhile, infrastructure construction company Ceigall India is slated to list on the bourses today. Also catch Shrikant Chouhan of Kotak Securities in the Voice of the Day segment. Market M
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1014 episodes

Artwork
iconShare
 
Manage episode 433070401 series 2281774
Content provided by Audioboom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom 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.
In this episode of Market Minutes, Nandita Khemka talks about the key factors to watch out for today. The Indian markets snapped a three-day losing streak with the Nifty rallying over 300 points to end near the key 24,300 level. Broad-based buying was seen across sectors ahead of the RBI monetary policy outcome. The central bank will announce its bi-monthly interest rate decision today. Economists expect RBI to hold rates and maintain stance at withdrawal of accommodation. Meanwhile, there is renewed weakness in the global markets with Wall Street ending with cuts of over a percent. Asian markets too are on the backfoot and the GIFT Nifty is down nearly 200 points. Can India markets show resilience? Among stocks to watch, Hindalco, Eicher Motors, Godrej Consumer, Protean eGov Tech will be in focus. Meanwhile, infrastructure construction company Ceigall India is slated to list on the bourses today. Also catch Shrikant Chouhan of Kotak Securities in the Voice of the Day segment. Market M
  continue reading

1014 episodes

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