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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely headed for strong start
Description: Indian benchmark indices, Sensex and Nifty 50, are likely headed for a strong start in the trading session of February 2, a day after Finance Minister Nirmala Sitharaman presented an interim budget for 2024.
India's GIFT Nifty was trading at 21,912 points as of 8:20 a.m. IST, suggesting the NSE Nifty 50 will open above its February 1 close of 21,697.45.
Asian shares also gained in morning trade after US labour market data indicated a cooling economy, providing support to the Federal Reserve to combat inflation. Wall Street equities closed higher overnight aided by Meta’s strong results and buyback announcement.
Bre...