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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Reema Tendulkar: GIFT Nifty indicates a start in the green for Sensex, Nifty 50
Description: The US markets closed higher yesterday with minor gains. The Dow Jones was up 0.1 percent, the S&P 500 gained 4 percent, the Nasdaq rallied close to around 0.5 percent. The Nasdaq closed higher for the fourth successive session.
The US second quarter GDP was revised lower. The last estimate was for 2.4 percent annualised growth, and now they are saying the second quarter GDP grew less than that at 2.1 percent, pointing to softer economic growth.
Also, the ADP jobs data showed the job addition,in August was 177,000. This is lower than economists expectations and sharply lower than the July nu...