Marketbuzz Podcast With Hormaz Fatakia: Nifty may open gap down; Defence stocks in focus – CNBC TV18



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Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day’s trading action.

  • Nifty may open gap down after negative session on Wall Street
  • Asian markets mostly lower with losses led by Chinese stocks
  • Nifty looks for support below the 24,500 – 24,800 range
  • Nifty needs to close above 24,677 to report a weekly gain
  • Nifty Bank now down 600 points from last week’s high
  • HAL gets ₹13,000 crore order from Defence Ministry, puts other defence stocks in focus as well
  • NALCO enters the F&O ban after yesterday’s 7% fall
  • Ashok Leyland wins ₹350 crore order from Tamil Nadu
  • Zomato gets ₹803 crore tax demand for a three-year period
  • Another IPO opens for subscription today, taking the total issues open simultaneously to five

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