1182: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 to open higher, HDFC Bank, Tata Technologies in focus

Indian benchmark indices, Sensex and Nifty 50, are likely to open higher in the trading session on January 29, after a truncated trading last week.

In global cues, US markets pulled off after a six-day rally on January 25 while European indices ended last week on fresh two year highs. Asian shares were in green after China rolled out measures to stabilise its markets, while US data added to hopes of early interest rate cuts.

However, the keyword continues to remain oil prices that are tracking near two-month highs brand futures at $83 a barrel. Oil prices continue to remain relatively firm.

India's GIFT Nifty was trading at 21,641.00 points as of 8:10 a.m. IST, suggesting the NSE Nifty 50 will open above its January 25 close of 21,352.60.

Bajaj Finance, Bharat Petroleum Corporation, ITC and NTPC are due to report their earnings for the October to December 2023 quarter.

Top stocks to track: HDFC Bank, Adani Power, Zee, Tata Technologies

Tune in to Marketbuzz Podcast for more cues