1392: Marketbuzz Podcast With Hormaz Fatakia: Nifty may open gap down; Defence stocks in focus

Marketbuzz Podcast: Indian markets may open in the red according to the GIFT Nifty. Watch out for stocks like Tata Motors, Zomato, HAL and others.

Marketbuzz Podcast: Indian markets may open flat according to the GIFT Nifty. Watch out for stocks like Bajaj Housing Finance, Vedanta, Nuvama Wealth and others.

Marketbuzz Podcast: Indian markets may open flat according to the GIFT Nifty. Watch out for stocks like Avenue Supermarts, PB Fintech and Awfis Space Solutions.

Marketbuzz Podcast: Indian markets may open on a subdued note according to the GIFT Nifty. Watch out for stocks like Vodafone Idea, IGL, BEL and others.

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are the top news from around the world ahead of the trading session of December 6 -Yesterday, markets extended their recovery in a volatile session, gaining over 1% after a brief pause. Following a subdued start, a sudden surge in select heavyweight stocks mid-session lifted sentiment, although volatile swings in the final hour tempered momentum. Ultimately, the Nifty ended above 24,700, marking its highest closing level since October 21. Most sectors contributed to the rally, with IT, banking, and auto emerging as the top gainers. The IT index hit a record high, rising more than 2%, with Infosys and TCS leading the gains. -Market volatility was largely induced due to uncertainty around MPC's policy meet and the RBI's focus on liquidity measures following a dip in economic growth, which is going to be the key focus today as governor Shaktikanta Das is set to announce the policy outcome at 10 am today. -As of this morning, GIFT Nifty was higher, trading at a premium of more than 40 points from Nifty Futures Thursday close, indicating a start in the green for the Indian market. -Stocks to watch: Afcons Infrastructure, Nykaa, Cummins India, Dr Reddy's Laboratories, Ola Electric, Ramco Systems -The key thing to watch today will be the RBI policy outcome. A CNBC-TV18 poll of analysts expects RBI to hold rates whereas it could trim growth outlook. -Asian equities tracked a drop in US shares ahead of jobs data that may help shape the direction of the Federal Reserve’s policy path later this month. Equities in Japan, Australia and futures in Hong Kong all fell, taking cues from the downbeat mood on Wall Street. The S&P 500 dropped 0.2% and the tech-heavy Nasdaq 100 slipped 0.3%, their first declines in five sessions. -In commodities, oil was mostly unchanged after OPEC+’s decision to push back the revival of shuttered production by another three months failed to lift sentiment. Meanwhile, Chevron Corp. said it plans to slow production growth in the biggest US oil field next year. Gold held its declines. -Bitcoin pulled back a record high with some traders already seeking to hedge against a deeper retreat after the original cryptocurrency surged to more than $100,000 for the first time. The digital asset held it losses after news that Donald Trump had named David Sacks as a White House czar for crypto and artificial intelligence. Tune in to Marketbuzz Podcast for more cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top news from around the world ahead of the trading session on December 5 -A quick recap: The Indian equity market gained for the fourth straight day, marking its longest winning streak in two months. The Nifty 50 shifted into consolidation on December 4 after a sustained up move over the past three trading sessions. While the index closed in the green, it ended off its intraday highs due to a tug of war between positive domestic factors and weak Asian cues. -Despite a largely positive tone during the session, profit-booking in select heavyweights limited the upside. Sectorally, the performance was mixed, with banking and realty outperforming, while energy, auto, and FMCG faced selling pressure. -Looking ahead, the market will closely monitor comments from Federal Reserve Chair Jerome Powell and the US jobs data, set to be released today. -As of this morning, GIFT Nifty was lower, trading at a discount of nearly 50 points from Nifty Futures Wednesday close, indicating a start in the red for the Indian market. -Stocks to track: Torrent Pharma, Indus Towers, IGL, Bharat Forge -Global cues: Shares in Asia rose while currency markets opened Thursday on a note of relative calm as traders digested the effects of political crises in France and South Korea. Equities in Japan and Australia climbed, while those in South Korea fell as the country’s opposition party sought to impeach President Yoon Suk Yeol after he briefly imposed martial law. Shares in Hong Kong fell, while those in China were little changed. -Overnight in the US, benchmark indices on Wall Street scaled new peaks after comments from Fed Chair Jerome Powell ahead of the policy announcement on December 18. The Dow Jones closed above the mark of 45,000 for the first time, the S&P 500 added 0.6% to close near 6,100, while the Nasdaq Composite outperformed, gaining 1.3%. The tech-heavy index is now 1.3% away from the 20,000 mark. -In terms of commodities, oil steadied after a decline, with traders looking ahead to an OPEC+ meeting on Thursday that’s expected to see the cartel again defer a move to revive output in an already well-supplied market. Brent crude traded above $72 a barrel after sliding by nearly 2% on Wednesday, with West Texas Intermediate below $69. Tune in to Marketbuzz Podcast for more news and cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of December 4 -First a quick recap, the Nifty 50 crossed the key resistance level of 24,350 during Tuesday's session. Last week, the index attempted to surpass this level four times but failed every time. After opening on a positive note, the Nifty gradually advanced throughout the day, reaching a one-month high as markets extended their recovery for a third consecutive session. -In terms of sectors, heavyweights in energy, metals, and banking drove the rally, while defensive sectors like FMCG and pharma showed subdued performance. The broader market too has been showing strength with both mid and smallcap indices making gains for the last eight consecutive trading days. Most of the sectoral indices ended in the green. -Now going forward, the market will watch out for the US job openings data and November services PMI data of India and the US, which will be announced today. Analysts expect markets to gain some momentum in the near term on the back of positive global cues, optimism around enhanced government spending and favourable monetary policy changes by the RBI. -However, as of this morning, GIFTNifty was lower, trading at discount of more than 30 pts from Nifty Futures Tuesday close, indicating a start in the red for the Indian market -Stocks to watch: M&M, IndiGo, RVNL, ONGC, EPACK Durables, Honasa -Stocks in Asia declined after South Korea’s political turmoil triggered by a brief imposition of martial law caught global investors off guard. The benchmark Kospi Index fell as much as 2.3% on Wednesday after South Korea-related assets all dropped overnight. Equities opened lower in Hong Kong and mainland China, and also slipped in Tokyo. The won advanced after losses overnight in offshore trading. -Global investors are looking to this week’s US payrolls report and Jerome Powell’s remarks for clues on whether the Federal Reserve will cut rates in December. The latest data showed US job openings picked up while layoffs eased, suggesting demand for workers is stabilizing. Fed Bank of San Francisco President Mary Daly said a rate cut this month isn’t certain, but remains on the table. -Overnight, US markets had a choppy and mixed session as investors bought into a minor dip but largely chose to remain on the sidelines ahead of some key data points. The S&P 500 ended just above the flat line to notch its 55th record high of 2024, while the Nasdaq Composite outperformed with gains of 0.4% as Apple shares rose to a new record. The Dow Jones underperformed for the second day running, ending 80 points lower. -In terms of commodities, oil steadied after the biggest advance in more than two weeks. Gold stabilized after rising on Tuesday as political turmoil in South Korea and France buoyed demand for haven assets. Tune in to the Marketbuzz Podcast for more cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all top news from around the world ahead of the trading session of December 3 -On Monday, the markets started the week on a positive note ending in the green for the second consecutive day. The session opened weak due to disappointing GDP data but recovered as select heavyweight stocks across sectors gained momentum, driven by optimism over potential measures from the Reserve Bank of India (RBI) to support the economy in its upcoming MPC meeting. Broader market outperformed with both midcap and smallcap indices gaining more than 1% each. -Nifty, meanwhile, climbed back to 24,250, led by Reliance Industries, Infosys and HDFC Bank. If the index sustains above 24,350, the index is expected to form higher highs and higher lows on the hourly chart, maintaining a positive short-term trend. -Foreign institutions remained net sellers in the cash market on Monday, while domestic institutions were net buyers. -Nagaraj Shetti of HDFC Securities believes the short term trend of Nifty remains positive. A sharp upside breakout is expected above 24,350-24,400 levels in the next couple of sessions.  -Going ahead, Siddhartha Khemka of Motilal Oswal expects EV sector to be in focus after reports stated that the government is likely to evaluate a ₹9,000-crore initiative to boost the production of key battery components in India. -For today, GIFT Nifty was flat this morning, indicating a muted start for the Indian market.  -Stocks to watch: BPCL, Coal India, Cipla, KPI Green, Torrent Power, Solar Industries, KEC International, Muthoot Capital  -Global cues: Asian shares rose to follow the upbeat tone on Wall Street where a rally in the world’s largest technology companies drove stocks to fresh all-time highs. Equity benchmarks gained in Japan, South Korea and Australia. Hong Kong and US futures were steady. The moves came after the S&P 500 notched its 54th closing record this year on Monday, and the tech-heavy Nasdaq 100 rose more than 1%.  -Oil edged higher as traders watched for clues on OPEC+’s supply plans ahead of a key meeting this Thursday. Gold was steady, staying within a narrow trading range where it’s been for the past week. Tune in to Marketbuzz Podcast for more cues

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of December 2 -Going ahead, the market will react to the weak Q2 GDP data for India, which came at 5.4%, against an expectation of 6.5% and also China’s manufacturing PMI, which rose to 50.3 in November, signaling accelerated expansion. -Just as the bulls were preparing for a comeback of sorts for the Nifty in the December series on Friday, then came the second quarter GDP numbers which turned out to be well below expectations. -Nagaraj Shetti of HDFC Securities believes the upside bounce of Friday is indicating a comeback of bulls after one day of decline. Further up move is expected from here and Nifty is likely to challenge the immediate hurdle of 24,350 and move higher by next week. -This morning, the GIFTNifty was trading with a premium of 60 points from Nifty Futures' Friday close, indicating a gap-up start for the Indian market. -Stocks to track: Cochin Shipyard, KEC International, Adani Enterprises, RBL Bank, Bajaj Finance, auto stocks -Asian stocks edged higher after US shares rose Friday as global markets enter a seasonally strong period. The euro weakened amid a dispute over the French budget. The MSCI gauge of Asian shares headed for a second day of gains with benchmarks in South Korea and Australia among those gaining. The euro slipped after France’s far-right leader Marine Le Pen gave the strongest indication yet that she’s prepared to topple the government as soon as this week. -Emerging market assets including China’s yuan and South African rand may face volatility after US President Donald Trump warned BRICS nations he will require a commitment that they won’t create a new currency, or favor another in a bid to displace the US dollar in global trade. Should they not meet Trump’s demands, he threatened to lob 100% tariffs on their goods entering the US. -In commodities, oil rose in early trading amid heightened Middle East tensions. -Adani Group founder Gautam Adani responded for the first time to allegations by US authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance. The indictment is the second major crisis to hit Adani in just two years, sending shockwaves across India and beyond. Meanwhile, the Indian government has termed the issue “legal matter involving private individuals and private entities and the US Department of Justice”. -Devendra Fadnavis is leading the race for the Maharashtra CM post   Tune in to the Marketbuzz Podcast for more cues

Marketbuzz Podcast: Indian markets may open in the green according to the GIFT Nifty. Watch out for stocks like IRFC, Varun Beverages, NHPC among others.