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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Vivek Iyer: Sensex and Nifty 50 set to open flat
Description: Indian equity benchmarks — Sensex and Nifty 50 — are set to open little changed on August 17, tracking a weakness in Asian peers on worries over China's economy and Wall Street on interest rate concerns.
India's GIFT Nifty on the NSE International Exchange was down 0.07 percent at 19,398.50 at 7:54 am.
The Indian markets yesterday displayed remarkable resilience given the market saw a very sharp recovery in the second half of the trading session. Metal stocks, however, underperformed as the rising dollar index weighed in. Banking stocks too saw selling pressure.
In the overnight session, US markets saw significant sell...