Want to create an interactive transcript for this episode?
Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open higher amid rising bets of Fed rate pause
Description: Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on June 12 as rising bets of a rate pause by the US Federal Reserve aided sentiment, ahead of domestic retail inflation data later in the day. India's NSE stock futures listed on the Singapore Exchange were up 0.37 percent at 18,679.50, as of 7:57 am.
On Friday, Wall Street equities closed at new highs for 2023 on rising odds of a rate hike pause by the US central bank in its upcoming meeting on June 14. Back home, the Indian market closed with minor cuts following what was a range session.
M...