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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to gain, Kotak Mahindra Bank, sugar stocks to be in focus
Description: Indian benchmark indices — Sensex and Nifty 50 — are set to open marginally higher on September 4, on hopes of a US Federal Reserve rate pause later this month and strong domestic macroeconomic data.
Kotak Mahindra Bank, sugar stocks, Jio Financial and Paytm will be in focus among other stocks.
This comes as Uday Kotak announced his resignation as MD and CEO of Kotak Mahindra Bank over the weekend, while sources say Uttar Pradesh is likely to raise the state advisory price of sugar, which may have an impact on sugar stocks.
The Indian markets started the Sept...