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1016: Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to start session on a muted note

As we wind down towards the end of the fourth quarter and the FY23 earnings season, a whole host of companies will be declaring their results this week, which will keep market parts extremely busy.The US markets last week ended with gains despite worries as well as multiple debates regarding the debt ceiling limit. And cues in European markets make them slightly positive.If you look at the weak that went by, crude oil prices, rent futures actually ended lower by over 0.8 percent at slightly about the $75.5 a barrel-mark, while future is now fading closer to the $72 a barrel mark.Last week, Indian markets actually saw a bit of a sell-off with the Nifty snapping a three-week gaining streak. This was despite the slight gains that we saw on Friday, Indian markets.In fact, the whole of last week actually saw selling at higher levels with a lot of gap up openings that the markets are actually being sold into.

Broadcast on:
22 May 2023