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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to start session in red
Description: Despite a good session yesterday in which the Indian markets touched a five-month high, Sensex and Nifty 50 are likely to open lower on May 9 amid mixed global market cues. The SGX Nifty, at the time of filing, indicated a bit of a soft start.
In terms of the global macros, German industrial production data which sank by the most seen in a year resulting in recession fears rising.
Meanwhile, the US CPI data is due on May 10 for the month of April and the street will be watching that closely to get an assessment on what...