Marketbuzz Podcast With Hormaz Fatakia: Nifty looks for Diwali cheer amidst weak global cues – CNBC TV18

Marketbuzz Podcast With Hormaz Fatakia: Nifty looks for Diwali cheer amidst weak global cues – 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.

  • Nifty fails to hold on to 24,500 on the upside for the third session in a row
  • Nifty Bank’s underperformance drags the Nifty lower
  • Nifty down nearly 2,000 points for the October series
  • Weak handover from Wall Street; GIFT Nifty indicating a weak start for our own markets
  • 24,300 an important level on the downside for the Nifty
  • L&T manages to maintain its FY25 guidance on all parameters. Brokerages call risk-reward favourable
  • Tata Power reports a mixed quarter, while Biocon is a miss on expectations
  • Muted quarter for IRB Infra as monsoons impact toll collection
  • DAM Capital initiates on four steel stocks, projecting upside of up to 42%
  • Nifty set to end Samvat 2080 with gains of over 25%

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