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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set to open higher on strong global cues
Description: Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on Friday, September 15, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate concerns aided sentiment.
India's GIFT Nifty on the NSE International Exchange was up 0.10 percent at 20,238.50 at 8:00 am.
Asian equities rose this morning after data showed that August industrial output and retail sales growth in China beat expectations. Wall Street equities closed higher overnight, on rising expectations of a US Federal Reserve rate pause in its upcoming policy meeting on September 20.
The only two macro headwinds are rising crud...