Want to create an interactive transcript for this episode?
Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Nifty 50, Sensex set to open at a new record high, Tata Motors, Wipro in focus
Description: Indian benchmark indices, Sensex and Nifty 50, are likely to open at fresh all-time highs on December 11, following the biggest weekly gain in more than a year the previous week. All of the front line indices hit record highs on December 8. The Nifty 50 hit 21,000 for the first time ever.
India's GIFT Nifty was down 0.02% from its overnight close at 21,073 as of 8:12 am this morning, indicating that the Nifty 50 will open higher than the December 8 close of 20,969.40.
The ongoing rally is supported by strong macroeconomic data, a drop in crude oil prices, favourable global interest rate outlook, return...