HomeMarket NewsMarketbuzz Podcast With Hormaz Fatakia: Fed to boost Nifty? Nestle, Sobha in focus

Marketbuzz Podcast With Hormaz Fatakia: Fed to boost Nifty? Nestle, Sobha in focus

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like Nestle India, Sobha and Arvind.

By Hormaz Fatakia  June 13, 2024, 8:23:42 AM IST (Updated)


Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day's trading action.

  • US Fed gives the street hopes on impending rate cuts

  • S&P 500, Nasdaq end at record highs on Wednesday

  • GIFT Nifty indicating a positive start for Indian markets

  • Nifty stuck in a range of 23,200 - 23,450

  • Nifty looks to sustain above previous record high of 23,441

  • Nifty Bank continues to face resistance at 50,000

  • Sobha plans to raise funds via rights issue; more details here

  • Dr. Reddy's signs an exclusive licensing agreement in the US

  • Nestle India maintains royalty payout at existing levels

  • CPI, IIP data in India another positive factor for the markets