1206: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points
Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day's trading action on March 4
-The GIFT Nifty 50 traded above 22,500, indicating a start in the green for the domestic market. Asian peers too tracked Wall Street gains.
- Post the three-day surge, the Nifty 50 is only 155 points away from the level of 22,533, which would be three times from the bottom of 7,511 that it had made on March 23, 2020.
-In the U.S., the tech-heavy Nasdaq advanced more than a percent. The S&P 500 also ended almost a percent higher for its first close above the 5,100 threshold. Both Nasdaq and S&P 500 hit fresh highs on March 1
-Sensex and Nifty ended at new closing high levels in the special trading session on Saturday, i.e. March 2nd. They extended their previous day's sharp rally, amid impressive GDP data and foreign fund inflows.
-In morning trade, Japan’s Nikkei smashed the 40,000 barrier. Australia’s S&P/ASX 200 started the week up 0.25%. South Korea’s Kospi rose 1.4%. In contrast, Hong Kong’s Hang Seng index was set to open slightly down.
- Stocks to track: NTPC, SJVN, HAL, L&T, Godrej Properties, Coforge
- The BJP has announced its first of candidates for the 2024 Lok Sabha polls and Prime Minister Narendra Modi will contest from the Varanasi constituency.
- Byju's founder Byju Raveendran has told employees the company will not be able to pay salaries as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors.
- While some like Bengali Matrimony, Marathi Matrimony, Tamil Matrimony, Jodii and Bharat Matrimony, Naukri, 99acres and NaukriGulf are back on Play Store, founders say majority of the apps are still not restored on Play Store.
-IT Minister Ashwini Vaishnaw on Saturday made it clear that the removal of apps by Google was unacceptable and that "startups will get the protection they need". Tension between Google and some Indian apps flared on Friday after the tech giant removed certain apps from its Play Store in India over a dispute on service fee payments.
Tune in to the Marketbuzz Podcast for more cues ahead of today’s session
-The GIFT Nifty 50 traded above 22,500, indicating a start in the green for the domestic market. Asian peers too tracked Wall Street gains.
- Post the three-day surge, the Nifty 50 is only 155 points away from the level of 22,533, which would be three times from the bottom of 7,511 that it had made on March 23, 2020.
-In the U.S., the tech-heavy Nasdaq advanced more than a percent. The S&P 500 also ended almost a percent higher for its first close above the 5,100 threshold. Both Nasdaq and S&P 500 hit fresh highs on March 1
-Sensex and Nifty ended at new closing high levels in the special trading session on Saturday, i.e. March 2nd. They extended their previous day's sharp rally, amid impressive GDP data and foreign fund inflows.
-In morning trade, Japan’s Nikkei smashed the 40,000 barrier. Australia’s S&P/ASX 200 started the week up 0.25%. South Korea’s Kospi rose 1.4%. In contrast, Hong Kong’s Hang Seng index was set to open slightly down.
- Stocks to track: NTPC, SJVN, HAL, L&T, Godrej Properties, Coforge
- The BJP has announced its first of candidates for the 2024 Lok Sabha polls and Prime Minister Narendra Modi will contest from the Varanasi constituency.
- Byju's founder Byju Raveendran has told employees the company will not be able to pay salaries as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors.
- While some like Bengali Matrimony, Marathi Matrimony, Tamil Matrimony, Jodii and Bharat Matrimony, Naukri, 99acres and NaukriGulf are back on Play Store, founders say majority of the apps are still not restored on Play Store.
-IT Minister Ashwini Vaishnaw on Saturday made it clear that the removal of apps by Google was unacceptable and that "startups will get the protection they need". Tension between Google and some Indian apps flared on Friday after the tech giant removed certain apps from its Play Store in India over a dispute on service fee payments.
Tune in to the Marketbuzz Podcast for more cues ahead of today’s session
You Might Like
