INSUBCONTINENT EXCLUSIVE:
You are listening to ETMarkets Evening Podcast and it's good to have you here with me.
I am Swati Verma
Here's the market wrap of the day
Plus, all those sharp analyses from the voices that matter.
Investors' anxiety is reaching sky high
After all, the US Fed's policy decision is due tonight
And needless to say, investors are all up and awake.
Market watchers are looking very closely at the language rather than a rate hike,
chances of which look very high.
Industrial production in India picked up 4.9 per cent in April
But mood turned fragile as May inflation boiled to 4.87 per cent, from 4.58 per cent in April
Both set of numbers were released after market hours on Tuesday.
The Sensex jumped 47 points, or 0.13 per cent, to finish at 35,739
The Nifty ended the day at 10,857, up 14 points or 0.13 per cent
Overall, 28 Nifty stocks looked up and 22 were downbeat.
Dr Reddy's, TCS, SBI and Infosys ruled on the Sensex chart
TCS, up 2.43 per cent, will consider a proposal to buy back shares at its board meeting to be held later this week
An all-clear from the USFDA to Sun Pharmaceuticals' Halol plant in Gujarat drove the stock nearly 4 per cent up
However, the stock cooled off later and closed 0.95 per cent up on the BSE.
BSE sectoral indices portrayed a mixed picture.
Options data
suggested that supports have gradually shifted higher and the immediate trading range for the next few sessions is likely to be between
US stocks closed little changed yesterday ahead of the Federal Reserve's policy decision
Moving on to fundamentals
A K Prabhakar of IDBI Capital Markets gives a lowdown on factors that steered the market
Byte 1: A K Prabhakar
How are markets likely to behave in the upcoming session Your take
Byte 2: A K Prabhakar
Domestic institutional
investors bought shares worth a net Rs 1,327.45 crore
But foreign portfolio investors sold equities worth Rs 1,168.88 crore yesterday, according to provisional data.
What are the leads from the
FO segment Sneha Seth of Angel Broking makes it easy for you
Byte 3: Sneha Seth
What about resistance and support levels for Nifty and Bank Nifty Vaishali Parekh of Prabhudas Lilladher brings you the
technical side of the story
Yes, Vaishali
Byte 4: Vaishali Parekh
That’s all for now folks
Do check out ETMarkets.com for detailed market analysis and come back for our regular market podcast
Have a wonderful evening ahead.
