1209: Marketbuzz Podcast with Kanishka Sarkar: Here are key talking points
Welcome to CNBC-TV18’s Marketbuzz Podcast for all the important market cues ahead of March 7 session
-Nifty saw a big recovery while broader markets were under pressure in the previous session on March 6. All of Nifty’s 250-point recovery came in the last two hours on the back of private bank and IT stocks.
- Overnight in the US, Wall Street followed world shares to a higher close the benchmark U.S. Treasury yield dipped to a one-month low after Federal Reserve Chair Jerome Powell reassured investors that while inflation is not quite tamed, rate cuts can be expected this year. All three major U.S. stock indexes closed well below session highs, marking a partial rebound from Tuesday's steep sell-off. The tech-heavy Nasdaq enjoyed the most robust gain.
-All major Asia-Pacific stock indexes hit record highs while investors awaited trade data from China. The Nikkei 225 hit a record high before trading 0.14% lower, while the broader Topix gained 0.4%, also hitting a record high.
- Oil has gone up a percent to $82.90/bbl.
-Bitcoin has cooled after a blistering rally this week that saw it briefly rise above a record high. The cryptocurrency has edged half a percent lower to trade at $66,132.42.
-The Gift Nifty indicates a positive start for the market.
-Stocks to track: Mahindra & Mahindra, NLC India, Hindustan Aeronautics, Zomato, LIC, Vedanta
Tune in to Marketbuzz Podcast for more cues
-Nifty saw a big recovery while broader markets were under pressure in the previous session on March 6. All of Nifty’s 250-point recovery came in the last two hours on the back of private bank and IT stocks.
- Overnight in the US, Wall Street followed world shares to a higher close the benchmark U.S. Treasury yield dipped to a one-month low after Federal Reserve Chair Jerome Powell reassured investors that while inflation is not quite tamed, rate cuts can be expected this year. All three major U.S. stock indexes closed well below session highs, marking a partial rebound from Tuesday's steep sell-off. The tech-heavy Nasdaq enjoyed the most robust gain.
-All major Asia-Pacific stock indexes hit record highs while investors awaited trade data from China. The Nikkei 225 hit a record high before trading 0.14% lower, while the broader Topix gained 0.4%, also hitting a record high.
- Oil has gone up a percent to $82.90/bbl.
-Bitcoin has cooled after a blistering rally this week that saw it briefly rise above a record high. The cryptocurrency has edged half a percent lower to trade at $66,132.42.
-The Gift Nifty indicates a positive start for the market.
-Stocks to track: Mahindra & Mahindra, NLC India, Hindustan Aeronautics, Zomato, LIC, Vedanta
Tune in to Marketbuzz Podcast for more cues
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