homephotos Newsmarket NewsWake Up Call: Nifty 50 looks to cap the downside amid weak global cues, Powell speech

Wake Up Call: Nifty 50 looks to cap the downside amid weak global cues, Powell speech

SUMMARY

Global markets witness a sharp slide, all eyes are on US Fed Chairman Jerome Powell's speech later today, Bajaj Finance in focus and more. These are the five things to watch as we begin the day:

Profile image

By Sonia Shenoy  Aug 25, 2023 7:01:28 AM IST (Published)

Listen to the Article(6 Minutes)
1 Min Read
wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, jackson hole symposium, jerome powell, bajaj finance, US Fed, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count1 / 5

We begin the day with a sharp slide in global markets. Dow Jones is down 373 points, or 1.08 percent and the S&P 500 ended 1.35 percent lower.

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, jackson hole symposium, jerome powell, bajaj finance, US Fed, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count2 / 5

All eyes are on US Fed chairman Jerome Powells speech at Jackson Hole today

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, jackson hole symposium, jerome powell, bajaj finance, US Fed, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count3 / 5

Nifty pre-empts the global sell off, closes with 58 point cut, ends below 19,400. It continues to be in a tight range of 19200-19500.

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, jackson hole symposium, jerome powell, bajaj finance, US Fed, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count4 / 5

Flows continue to be strong. Both, foreign and domestic investors bought  in cash markets on Thursday. Foreign institutional investors (FIIs) bought Rs 1,524 crore in cash, while domestic institutional investors (DIIs) bought Rs 5,796 crore in cash yesterday.

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, jackson hole symposium, jerome powell, bajaj finance, US Fed, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count5 / 5

Bajaj Finance is in focus today. Nomura Initiates coverage on Bajaj Finance with a 'buy' rating and a target price of Rs 8,700. Nomura says concerns on Bajaj Finance are overdone and its strong business momentum is likely to continue.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
arrow down

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change