ETMarkets Evening Podcast: Market back in red, should you stay put?

Dear friends! It's great to have you at ETMarkets Evening Podcast.

I am Swati Verma who will take you through the day's trading, mixed with views, cues and insights from top market watchers.

Market turned indecisive again as weak global leads, set off by rising US bond yields, cast their shadow. The last day of February derivatives series saw some lacklustre trading.


Benchmarks Sensex and Nifty settled on a flat note at 33,820 and 10,383, with a negative bias. Losses in auto, bank, and FMCG stocks offset IT and pharma gains.

Dollar's strength came as a boon for the IT pack as much of their revenue comes through the US currency.

On the Nifty map, 34 scrips declined while 16 rose.

We have with us Sanjiv Bhasin of IIFL sharing his thoughts on fundamentals.

Byte 1: Sanjiv Bhasin

Open interest rose by the biggest margin by 70.91 per cent in the case of Shree Cement. Marico's reading was 65.79 per cent and Berger Paints' 58.96 per cent.

Nirav Chheda of Nirmal Bang Securities has his take on F&O market.

Byte 2: Nirav Chheda

VIX, or the fear gauge, declined again, suggesting that tranquillity is coming back.

Ruchit Jain of Angel Broking explains the technical signs.

Byte 3: Ruchit Jain

That's all for now. Do check out ETMarkets.com for detailed market analysis and come back for our regular morning podcast feed. Have a great evening ahead.