Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down opening on Wednesday tracking weakness across global markets after dire consumer confidence data from the US dampened investor optimism and fueled worries over recession.
Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 211 points or 1.3 percent to 15,631 on Wednesday, suggesting a gap-down opening ahead on Dalal Street.
About MarketBuzz: The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors. MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Reema Tendulkar, Nigel D’Souza and Mangalam Maloo to kickstart your stock market investing. Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.
First Published: Jun 29, 2022 8:38 AM IST