Marketbuzz Podcast With Hormaz Fatakia: 24,000 key for Nifty; Earnings miss from Asian Paints – CNBC TV18

Marketbuzz Podcast With Hormaz Fatakia: 24,000 key for Nifty; Earnings miss from Asian Paints – CNBC TV18

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Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day’s trading action.

  • Downside levels come into play for Nifty
  • 24,000, followed by recent swing low of 23,800 come into play for Nifty
  • Nifty Bank has 51,000 as the key level to defend
  • GIFT Nifty indicating a gap-down start despite strong handover from Wall Street
  • China stimulus announcement underwhelms yet again
  • Asian Paints delivers a volume growth shocker in Q2, gets downgrades and price target cuts
  • Tata Motors analysts remain sanguine but cut targets by up to 30%
  • SBI remains top pick for most analysts after second quarter results
  • Earnings season down to its final leg with final few results this week
  • Britannia, ONGC, Hindalco, NMDC report results today

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