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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set for a positive start tracking global market cues
Description: There was definitely a bit of caution on Thursday after the US Fed’s hawkish comments.So, the Nifty and Sensex were profit booking. After three days of gains, the Nifty nifty failed to hold on to 18,700.
Financials were under pressure. Bank Nifty saw an over 500 points cut in the index. Midcaps saw more strength, so the midcap index was at a record high and continued to gain in terms of global cues.
We also had the ECB policy outcome. It did hike rates by 25bps.Europe closed slightly lower.
The US markets continued to...