Marketbuzz Podcast with Vivek Iyer: Sensex, Nifty 50 likely to start on weak note, tracking global cues

Episode 1109,   Oct 04, 2023, 03:30 AM

Indian benchmark indices — Sensex and Nifty 50 — are likely to start the trading session of October 4 on a weak note, tracking global peers.

On Wall Street on October 3, there was a steep selloff seen across all three indices — Dow Jones, S, and P 500 as well as NASDAQ.

Oil prices, meanwhile, rebounded from three-week lows. Brent crude futures hovered around the $90.61 a barrel mark this morning.

In the domestic market, the Nifty 50 managed to hold on to the 19,500 level on October 3.

The front line indices ended with cuts but the broader end of the markets outperformed witnessing significant recovery and managing to end with the green.

Key stocks to watch on October 4: Avenue Supermarts, SAIL, Adani Enterprises, Bajaj Finance, Mahindra Finance

Tune in to the Marketbuzz Podcast for more news and cues