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Podcast: MarketBuzz
Episode: Martketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 likely to open in the red
Description: The trading session on Thursday was definitely a very good one for the Indian benchmark indices. The market surged to another record high. The Nifty has now posted a record close for the sixth-straight session, extending its gaming streak to eight consecutive sessions and has rallied 865 points in eight sessions and has crossed 19,500 on an intra-day basis yesterday.
The midcaps outperformed, with the advanced decline ratio steady at around 2 to 1 on a year-to-day basis. The midcaps have given returns of around 15%.
All the gains came in on Thursday despite caution over the FOMC minutes. FIIs continued...