ETMarkets Evening Podcast: How markets will behave next week?

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 the next week.

Sensex inched up 10 points to hit a record fresh closing of 33,157.22.

While the Nifty50 though failed to hit record highs.

The index settled the Day 1 of November F&O series at 10,320.30, down by 23.50 points.

Midcap and smallcap indices ended flat. Global cues were neutral with positive bias. Stock-specific action was prevalent.

Indian Oil Corporation dropped 5 per cent to Rs 414.20 on less-than-expected Q2 numbers.

ITC reported in line quarterly numbers and the stock settled marginally up.

Maruti Suzuki's numbers announced during the day too managed to live up to the mark. The stock closed half a per cent higher.

Sumeet Bagadia of Choice Broking explains how the market is likely to behave in the upcoming sessions. He also talks about support and resistance levels for the key indices.


Byte 1: Sumeet Bagadia

On the technical front, the Nifty50 registered a small bearish candle on the daily chart. But the index made robust bull candle on a weekly basis.


We have with us Vijay Singhania of Trade Smart Online to give us some insights on Nifty's F&O outlook.

Byte 2: Vijay Singhania


That’s all for now folks. Do check out ETMarkets.com for detailed market analysis and trading ideas and come back for our special weekly podcast on Saturday. Have a great evening ahead.