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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in green
Description: Indian benchmark indices — Sensex and Nifty 50 — will start the June 2 session on the back of strong global cues. As of 8:20 this morning, SGX Nifty on the Singapore Stock Exchange was up 0.4 percent, indicating a positive start for the domestic market.
On June 1, however, markets closed near the day's low as financial heavyweights underperformed, the Nifty Bank ended with a cut of around a percent against a flat close for the Sensex and the Nifty 50, while the mid gaps relatively outperformed.
The big queue globally is that the US debt ceiling has passed the Senate vote in the...