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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 likely to open higher led by positive global cues
Description: In a positive start to the last week of 2023, the US market witnessed a rise despite low trading volumes. Major averages closed the Tuesday session with gains of half a percent each, and small-cap indices outperformed, recording a gain of more than 1%.
The NASDAQ, dominated by tech stocks, hit a record high, while the broad-market index S&P is within striking distance of its record level.
Banking heavyweights such as HDFC and Kotak Bank, along with Reliance Industries, played a crucial role in supporting the Nifty, helping it hold levels above 21,400. With Tuesday's gains, front-liners are...