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4680: Nifty’s key support levels at risk as bears return; Nykaa block deal in focus - Moneycontrol Podcast

 
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Manage episode 492288037 series 1529655
Content provided by India on Player FM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by India on Player FM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Markets turned cautious as Nifty slipped below key support levels in intra-day trade on July 2, with financials dragging and midcaps snapping an 8-session winning streak. Traders are gearing up for another choppy session on weekly expiry day. In stocks to watch, all eyes are on a major block deal in Nykaa, while Avenue Supermarts, PNB, Indian Bank and Voltas are also in focus. The US has sealed a trade deal with Vietnam, securing zero tariffs on American goods and full access to Vietnamese markets. Meanwhile, Foxconn pulls out Chinese workers from its India unit, and Microsoft announces fresh layoffs impacting 4% of its global workforce. Also in our Voice Of The Day Segment, Vinit Bolinjkar—Head of Research, Ventura Securities shares his outlook on the auto sector. Tune in for all this and more in today’s Market Minutes — your morning podcast that brings you the top stories to kickstart your trading day, covering stocks in the news, macro trends, and global market cues.
  continue reading

604 episodes

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iconShare
 
Manage episode 492288037 series 1529655
Content provided by India on Player FM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by India on Player FM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Markets turned cautious as Nifty slipped below key support levels in intra-day trade on July 2, with financials dragging and midcaps snapping an 8-session winning streak. Traders are gearing up for another choppy session on weekly expiry day. In stocks to watch, all eyes are on a major block deal in Nykaa, while Avenue Supermarts, PNB, Indian Bank and Voltas are also in focus. The US has sealed a trade deal with Vietnam, securing zero tariffs on American goods and full access to Vietnamese markets. Meanwhile, Foxconn pulls out Chinese workers from its India unit, and Microsoft announces fresh layoffs impacting 4% of its global workforce. Also in our Voice Of The Day Segment, Vinit Bolinjkar—Head of Research, Ventura Securities shares his outlook on the auto sector. Tune in for all this and more in today’s Market Minutes — your morning podcast that brings you the top stories to kickstart your trading day, covering stocks in the news, macro trends, and global market cues.
  continue reading

604 episodes

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