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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 set to open flat as global rally cools
Description: Indian benchmark indices, Sensex and Nifty 50, are likely headed for a flat opening on December 19, as the global rally triggered by hopes of US interest rate cuts in 2024 has slowed down.
India's GIFT Nifty was down 0.04% from its overnight close at 21,478 as of 8:09 am IST, indicating the Nifty 50 is likely to open around its December 18 close of 21,418.65.
The Nifty and Sensex declined in the previous session after rallying to record highs for most of this month. So far in December, the Nifty has risen 6.38% and is on course for its best month since July 2022.
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