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1056: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 likely to open higher today

The GIFT Nifty is suggesting a higher start to today’s trading session. The momentum has firmly been in the hands of the bulls. Yesterday, both the Nifty and Sensex scaled another record high session.New day, new records. Yesterday, 19,700 was taken out with ease in the last one hour of trade. Meanwhile, flows appear to be fairly muted. The FIIs bought Rs 73 crore, while the DIIs net bought Rs 64 crore.In the first half of the trading session on Monday, IT was dominating – Infosys, TCS, Wipro, HCL – these were stocks at the high point of the day. In the second half of the trading session, profit booking set in in frontline IT names – Infosys and TCS.HDFC Bank reported a steady set of numbers. The stock has been an underperformer as versus private sector banks over the last three years. And the stock took off. It powered. Even in the other names – SBI, Kotak Mahindra Bank – also did quite well by the close of trade.Consequently, the markets conquered the 19700 mark. Today you have got t

Broadcast on:
18 Jul 2023