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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open in red
Description: Indian shares are set to open marginally lower on May 15, amid a slide in global equities on worries of an economic slowdown in the US, while cooling domestic retail inflation offset much of the weakness in sentiment.
What disappointed the street on Friday globally is that consumer sentiment in the United States fell sharply to a six-month low of 57.7 in the month of May against 63.5 in April. It's a very sharp decline of more than 500 basis points on a month-to-month basis and well below street estimates of 63 which could be one factor.
Another one is that...