Marketbuzz Podcast With Hormaz Fatakia: GIFT Nifty down 350 points; Lok Sabha polls begin today
Summary
Marketbuzz Podcast: The GIFT Nifty is indicating a big gap down for the Indian markets. Watch out for stocks like Infosys, Bajaj Auto, and Jio Financial Services.
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.
- First phase of Lok Sabha polls begin today. CNBC-TV18 brings you the sharpest election insights
- Nifty declines for four days in a row, poised for weekly losses
- Heavyweight banks drag the Nifty Bank index, also poised for weekly losses
- GIFT Nifty is indicating a further gap-down start for Indian equities
- Infosys delivers a shocker in Q4 but ADRs recover from lows
- Bajaj Auto beats estimates on all fronts, gets target hikes
- ICICI Securities, Network18, TV18 to react to earnings
- Wipro, HDFC AMC earnings in focus, HDFC Bank reports on Saturday
- Fed officials further dwindle possibilities of a rate cut
- Asian markets extend losses with US futures also declining
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter