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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to open on a cautious note, GIFT Nifty indicates a flat to negative start
Description: In a turnaround, equity markets have displayed a significant recovery after the apprehensions caused by a steep selloff on Wednesday. Both the Indian market, especially post 1 p.m., and the US markets experienced a challenging period during the sell-off. However, Thursday witnessed a substantial rebound in both markets, marking the eighth consecutive week of gains for the US markets. The NASDAQ surged by 1.2%, contributing to the positive trend.
Crude oil prices experienced a marginal decline on Thursday, attributed to Angola's decision to exit the OPEC. Brent now hovers below the $80 per barrel mark. In the Indian market, Wednesday's...