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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 set to open flat amid cautious global cues
Description: Indian benchmark indices — Sensex and Nifty 50 — are set for a muted start on August 7, tracking Asian peers, on caution ahead of US and China inflation data as well as the Reserve Bank of India's monetary policy decision due later this week.
India's GIFT Nifty on the NSE International Exchange was up 0.09 percent at 19,607.50, as of 7:56 am.
On Friday, the market snapped its three day losing streak, however, the markets were down for the second straight week.
One of the key cues to watch out for is the FII net selling in the cash market. FIIs...