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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to make gap-down start
Description: Indian indices — Sensex and Nifty 50 — are set to open lower on May 12, tracking a slide in global peers, on data hinting at a slowdown in the US economy as investors awaited domestic retail inflation data for April.
On May 11, the markets closed a little changed amid volatility on what was weekly expiry day.
The US markets closed mixed as Disney results dragged the Dow lower. The US producer price index for the month of April saw a further slowdown to 2.3 percent versus 2.7 percent and coal prices slowed to around 3.2 percent.
Bank of England has rais...