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ETMarkets Evening Podcast (ETMarkets.com)

What may guide Dalal Street next week

08:47 Min | November 08, 2019, 7:55 PM IST
Tune in: As many as 24 out of 30 Sensex stocks closed lower on Friday.
Hi there! From ETMarkets.com, this is Abhinav Kaul with Your Evening Briefing


>> Moody’s downgrades outlook on SBI, HDFC Bank, Infosys, TCS and 17 other companies.
>> India fuel demand growth likely to hit 6-year low.
>> Ask almighty or Nilekani, says Sebi chief on even God can't change numbers remark.
>> India’s inflation likely to breach RBI target in October.
>> YES Bank, Voda Idea, IB Housing make way for SBI Life, HDFC AMC, DLF in MSCI India Index
>> Gold may see biggest weekly drop in 2.5 years on trade optimism

Now, a quick look at what happened in the stock market.

Sensex closed 330 points lower at 40,324, while Nifty shed 104 points to 11,908.15.

For the week, Sensex gained 0.4 per cent, while Nifty gained 0.14 per cent.

As many as 24 out of 30 Sensex stocks closed lower.

BSE FMCG and Metal indices led the losers’ pack. They fell 1.78 per cent and 1.77 per cent, respectively.

G Chokkalingam, Founder of Equinomics Research and Advisory to talk about market fundamentals.

What would be your advice to investors after Moody’s outlook downgrade?

Moody's also cut outlook on select IT, financial and oil and gas players. How do you see these sectors going forward?

Nifty could not hold above the 12,000 mark and slipped below the immediate support at 11,946 level, bringing the bears back into the game.

We have with us Chandan Taparia of Motilal Oswal Financial Services to talk about market technicals and derivatives.

Chandan, how do see the market performing next week?

That’s all for now, folks. Do check out ETMarkets.com for detailed market analysis and download the ETMarkets app on your phone for round-the-clock market coverage, investment tips and dozens of stock recommendations.
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