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