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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 set to open lower, tracking weak global peers
Description: Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower on October 26, following weak cues from global peers.
Stocks on Wall Street witnessed a sharp sell-off with the NASDAQ bearing the brunt of the selling pressure. It fell over 2.4% with Alphabet and Meta stocks were the key drags.
Meanwhile, the key bugbear for Indian markets that is crude oil prices went up significantly in the previous session, Brent futures were up over 2.3% and were trading over the $90 per barrel mark this morning.
In the Indian market, the Nifty breached the key level of 19,100 leve...