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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in red
Description: The US debt ceiling bill has cleared the House that has brought some relief with US futures recovering on June 1 while most shares in the Asian markets were trading higher too. SGX however, is still a bit soft and indicating a start in the red for Sensex and Nifty 50.
This is after the market snapped the four-day winning streak yesterday. There was a decline led by financials. One of the reasons was also China’s manufacturing activity which contracted faster than expected.
However, on a larger picture, the momentum seems to be intact as the FII co...