ETMarkets Evening Podcast: Expert views on why rally may continue on Dalal Street

Hi there! You are listening to ETMarkets Evening Podcast

This is Abhinav Kaul and I will take you through the motions of today’s session on Dalal Street and bring you cues and trading tips from market veterans for Friday’s session.

After opening at yet another peak, the domestic equity indices pared early gains and ended flat on Thursday as investors turned cautious amid lack of fresh cues.

Still, Thursday’s closing was fresh all-time high for Indian stock market.

The optimism brought in by IMD's projection of 100 per cent rainfall this year, kept sentiment positive, with auto, PSU banks and media stocks leading the gains.


The BSE Sensex closed at 30,250 on Thursday, while Nifty settles above 9420.

Omkar Tanksale of GEPL Capital sums up the day’s market proceeding for you in this exclusive chat with ETMarkets.com.

Byte 1: Omkar Tanksale

Stock futures of Godfrey Phillips saw the biggest jump in open interest (OI). It was followed by Arvind Ltd, UBL, Havells India and Balkrishna Industries.

Anup Chandak of Sharekhan gives you a lowdown on the F&O market.

Byte 2: Anup Chandak

Nifty formed a small bearish candle on the daily chart as it fell down from its opening levels.

We have with us Ruchit Jain of Angel Broking to give us some insights on Nifty behaviour on the charts.

Byte 3: Ruchit Jain

That’s all for now folks. Do come back for our pre-market podcast on Friday morning. Have a great evening ahead.