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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open flat as cooling US inflation offsets domestic concerns
Description: Indian benchmark indices — Sensex and Nifty 50 — are likely to make a muted start on August 11, as optimism over moderating U.S. inflation offset near-term domestic price concerns.
India's GIFT Nifty on the NSE International Exchange was up 0.05 percent at 19,550 at 8:15 am.
In the overnight session in the US, Wall Street equities edged higher after data showed that US consumer price inflation moderated in July, bolstering hopes that the US Federal Reserve is near the end of its rate-hiking cycle. Asian markets were subdued.
Back home on August 10, the Reserve Bank of India held key rate...