1191: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Release Date:

Hello and welcome to CNBC-TV18's daily markets podcast. Here’s a snapshot of all that you need to know before the February 12 trading action

- Stocks on Wall Street ended higher on February 9, after December’s revised inflation reading came in lower than first reported. S&P 500 closed above the key 5,000 level for the first time ever while the tech heavy Nasdaq Composite rallied more than a percent. The Dow Jones, meanwhile, slipped 54 points to settle at 38,671.

- Asian markets were mixed in February 12 morning trade as they started a holiday-shortened week for most markets due to the Lunar new year. China remains shut for the week.

- Oil declined half a percent with Brent crude trading near the $82 a barrel mark.

- The CPI inflation data for January and the industrial production data for the month of December are due to be released later in the day.

- In the previous session, India's stock benchmarks made a recovery in the second half of the trading session. Investors bought banking, financial, and pharma stocks ahead of the last leg of the third-quarter corporate results.

- Foreign investors were net buyers, buying ₹141 crore in the cash market on February 9, the last trading session while domestic investors were heavy sellers, selling ₹421.87 crore in equities.

- Nifty 50 shed 120 points to finish at 21,782.5, while BSE Sensex tumbled 723 points or 1% to close at 71,595. PSU banks were a key highlight as they outshined with the State Bank of India leading with a 12% rally in just five trading sessions.

- Key stocks to watch: ONGC, MCX, Apeejay Surrendra Park Hotels

- Results today: Vinati Organics, Bharat Forge, Chambal Breweries & Distilleries, Coal India, Dilip Buildcon, GE Power India, Hindustan Aeronautics, JM Financial  and Mazagon Dock Shipbuilders

- Gift Nifty was trading 0.09% higher at 21,945 at around 7 am, indicating a start near the flatline for the domestic market.

Tune in to the Marketbuzz Podcast for more cues

1191: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points

Title
1191: Marketbuzz Podcast with Kanishka Sarkar: Here are 10 key talking points
Copyright
Release Date

flashback