MarketBuzz

1424: Marketbuzz Podcast with Kanishka Sarkar: Market volatility likely to continue, BHEL, Zydus Lifesciences in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of February 17 -An earthquake of 4.0 magnitude rocked parts of Delhi-NCR early this morning. There were no immediate reports of any damage or injuries. The earthquake has its epicentre in New Delhi. It struck at a depth of five kilometres at 5:36 am, according to the National Center for Seismology. Prime Minister Narendra Modi also tweeted about the tremors felt in Delhi and nearby areas. He urged everyone to stay calm and follow safety precautions, and that people must stay alert for possible aftershocks. Authorities are keeping a close watch on the situation. -Coming back to markets, on Friday, the Indian equity market fell for the eighth straight day, marking its first such decline in two years. This downturn was driven by persistent foreign institutional investor (FII) outflows and growing concerns over potential retaliatory tariffs from the United States. After reaching a record high of ₹478 lakh crore in September 2024, the combined market valuation has declined by nearly ₹80 lakh crore over the past four and a half months. -With the earnings season now behind us, investor focus will shift to trends in FII flows and currency movements for further cues. Additionally, speculation regarding US tariffs and their impact on global trade will remain a key factor to watch. -Vinod Nair of Geojit Financial Services expects volatility to stay elevated until there is clarity on tariffs and a recovery in corporate earnings. -This morning, the GIFTNifty was lower, trading at a discount of nearly 40 pts from Nifty Futures Friday close, indicating a start in the red for the Indian market. -Stocks to watch: BHEL, Alembic Pharma, Zydus Lifesciences, Aditya Birla Fashion, Utkarsh Small Finance Bank, Wipro -Looking at global cues, Asian stocks struggled for direction this morning as traders navigate increasing tensions between the US and European Union and looming central bank monetary policy decisions. -Australian shares dipped while Japan swung between gains and losses. Futures in Hong Kong also pointed to an early drop. The dollar was little changed. Treasury futures dipped with cash trading closed globally due to Presidents’ Day in the US. -Investors will also be looking to China stocks after a gauge of US-listed mainland shares climbed 2.3% on Friday amid a euphoria over artificial intelligence companies. A potential meeting this week between President Xi Jinping and e-commerce icon Jack Ma could be the next catalyst to extend the rally in China’s stocks. -In commodities, oil extended its loss to a fourth day. Oil fell Friday as concerns of ample supply and Trump’s tariffs hurting demand overshadow US threats to Iranian crude exports. Gold was steady. Tune in to the Marketbuzz Podcast for more cues

1423: Marketbuzz Podcast with Kanishka Sarkar: Defence stocks in focus after Modi-Trump bilateral meet

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of February 14 -The highlights of the Modi and Trump meeting are likely to be one of the main themes today. Following bilateral talks, India and the US have agreed on a roadmap to double trade to 500 billion dollars by 2030. The two leaders renewed commitments to making high value greenfield investments in each other’s countries. Defence remains a very important area of cooperation. -Also, India and the US are to finalise a new defence framework which will be applicable from 2025 to 2035. And, US will review its arms transfer regulations in order to streamline defence trade -When asked if India has agreed to buy F-35’s from America, the Foreign Secretary told CNBC-TV18 that he doesn’t think the formal process with regard to acquisition of advanced aviation platforms has been initiated by India. Currently this is a proposal and there are many more steps which have to take place before any such acquisition takes place. -Gift Nifty remained flat this morning, indicating a muted opening for the Indian market. -Nagaraj Shetti of HDFC Securities said the short-term trend of the Nifty remains positive, but the market is lacking its strength to surpass immediate hurdles. A decisive move above 23,250 levels could confirm a near term bottom reversal pattern in the market. Immediate support is placed at 22,800 levels. -Stocks in focus: Hindalco, Manappuram Finance, Bank of Baroda, Nazara Technologies, Religare Enterprises, Paytm, defence, green energy stocks -Asian equities were headed for gains as markets reacted positively to signs the reciprocal US tariffs may be weeks from coming into effect, raising the prospect for negotiations. Shares in Australia and Japan and equity index futures for Hong Kong all advanced, indicating a region-wide stock gauge may climb for a third day. An index of Chinese companies that trades in the US rose more than 1% in New York trading. A measure of global stocks closed at a record high. -The S&P 500 rose 1% while the Nasdaq 100 climbed 1.4% as big tech outperformed. Tesla Inc. and Nvidia Corp each rallied over 3%, while Meta Platforms Inc. climbed for a 19th straight day. -US President Donald Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners, singling out Japan and South Korea as nations that he believes are taking advantage of the US. Tune in to the Marketbuzz Podcast for more cues

1422: Marketbuzz Podcast with Kanishka Sarkar: Muted opening likely, Kotak Mahindra Bank, ICICI Bank in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of February 13 -The Indian equity market demonstrated resilience in a highly volatile session, though ultimately closing marginally lower. After showing a sharp decline in the last five sessions, the Nifty witnessed high volatility and a smart upside recovery. The index extended its downward trend for the sixth straight session, but the day's trading pattern revealed significant underlying strength. Nifty held above 23,000, supported mainly by financial stocks. -Among individual stocks, Reliance Industries emerged as the primary drag on the index, declining 1.5%, while Mahindra & Mahindra experienced the steepest fall of 3.2%. Insurance stocks surged as the I-T Bill retained the existing corporate tax rate. Metal, PSU Banks, and Financial Services showed strength sector-wise, while the Realty, Oil and Gas, and Auto sectors faced selling pressure. -This morning, the GIFTNifty was flat indicating a muted start for the Indian market. -Stocks to track: Kotak Mahindra Bank, ICICI Bank, Reliance, Bharat Forge, Tata Power, -Global cues: Asian equities rose as US-Russia talks spurred expectations for an end to the war in Ukraine. Risk sentiment was also stoked by the improving prospects for Chinese markets. -The S&P 500 closed down 0.3%, paring most of a 1.1% slide following the inflation data. Tesla Inc. led gains in megacaps and Meta Platforms Inc. rose for an 18th straight session. For the first time since November, the Nasdaq 100 erased an intraday loss of 1%. In late hours, Cisco Systems Inc. jumped on an upbeat sales forecast. -Oil extended declines after US-Russia talks. An index of dollar strength was little changed. Gold held a rally from its previous session, inching back toward its record high achieved earlier this week. -Prime Minister Narendra Modi is in Washington DC for a bilateral meeting with President Donald Trump. He also met US intel chief Tulsi Gabbard. Tune in to the Marketbuzz Podcast for more news and cues

1421: Marketbuzz Podcast with Kanishka Sarkar: Flat opening likely, TVS Motor, ITC, Ashok Leyland shares in focus

Welcome to CNBC-TV18’s Marketbuzz Podcast. Here is top news from around the world ahead of the trading session of February 12 -GIFT Nifty was flat this morning, trading at a premium of nearly 20 points from Nifty Futures Tue close, indicating a flat-to-positive start for the Indian market.t -Yesterday, the downside momentum continued in the market for the fifth consecutive session. After opening on a negative note, the market continued to decline further for the better part of the session. In the last hour, the Nifty recovered more than 100 points from the intraday low of 22,986 and ended the day with a 310-points or 1.32% loss at 23,071.80. -Additionally, a sharp sell-off in midcap and smallcap stocks further dampened sentiment. The broader market took a bigger hit, coming close to entering a correction, with midcaps down 17% from record-high levels. -BSE-listed companies erased nearly Rs 10 lakh crore in market capitalisation yesterday. -Going forward, the market scenario appears challenging in the absence of bullish sentiment. -Stocks in focus: TVS Motor Company, Jupiter Wagons, SAIL, Vodafone Idea -Earnings: Ashok Leyland, Bharat Forge, Crompton Consumer, HAL, Jubilant Foodworks, Muthoot Finance, PFC, Siemens, Aegis Logistics, Balaji Amines, Finolex Cables, Graphite India, Honasa Consumer, Landmark Cars, PTC India, RCF, RVNL -Global cues: Bond yields climbed after Federal Reserve Chair Jerome Powell signaled patience before cutting interest rates further and as investors look ahead to the upcoming CPI data. Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year. Australian and Japanese 10-year yields gained. The yen declined for a third consecutive day. Hong Kong shares climbed while a gauge of Asian equities dropped to the lowest in a week. - As traders await a key US inflation reading later today, prices have showed scant signs of downward momentum at the start of the year. Healthy job growth has also buoyed the US economy, backing the Fed’s stance to hold the line on interest rates for now. -In commodities, oil edged lower after gaining Tuesday on signs that US sanctions were hampering Russian crude supplies. Gold was steady after volatile trading in its previous session saw it surge to a fresh peak above $2,942 an ounce, before paring back. -Prime Minister Narendra Modi will make an official working visit to the US on 12th and 13th of February. He’s scheduled to have a bilateral meeting with US President Donald Trump. PM Modi will also interact with US business leaders and with members of the Indian community. -Industrial production data and cpi inflation data for December 2024 will be released this evening. Mutual Funds data will be out at noon. -Hexaware Technologies IPO is set to open today and will close on February 14. The IT services provider has fixed the price band between ₹674 to ₹708 per share. Tune in to the Marketbuzz Podcast for more cues

1420: Marketbuzz Podcast with Hormaz Fatakia: Nifty looks to build on Tuesday's surge with 24,000 in sight

Marketbuzz Podcast: Indian markets may open in the green according to the GIFT Nifty. Watch out for stocks like Titan, Page Industries, Swiggy and Info Edge.