ETMarkets Evening Podcast: Will Dalal Street hit a fresh lifetime high tomorrow?

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.

Benchmark indices on Thursday could not make fresh lifetime highs in a session marked by profit booking at higher levels.

Sensex, which was up 150-odd points in morning trade, cut gains to settle at 32,242, up 55.52 points.

Construction company Capacit'e Infraprojects’s initial public offering was subscribed 4.71 times on the second day of offer today.

Axis Bank, Sun Pharma, Tata Motors DVR, Cipla and Dr Reddy’s stood among top gainers in the Nifty index.

On the other hand, Wipro, BPCL, GAIL, Eicher Motors and ZEEL remained among top losers.

Stocks across the globe traded mixed as disappointing economic data out of China and India impacted investor sentiment.

AK Prabhakar of IDBI Capital Markets sums up the day’s market proceeding for you in this exclusive chat with ETMarkets.com.
Byte 1: AK Prabhakar

BHEL witnessed the biggest jump in open interest at 81.98 per cent on NSE on Thursday.

It was followed by IndiGo, Apollo Hospitals, BPCL, Marico, Nestle, BEL, Concor and Kajaria Ceramics.

Anup Chandak of Sharekhan gives you a lowdown on the F&O market.
Byte 2: Anup Chandak

Nifty50 index again failed to surpass its life time high of 10,137 zones and traded inside the trading range of last sessions.

The index remained choppy for most part of the session and finally closed with the marginal gains of 7 points.

We have with us Jay Thakkar of Anand Rathi Financial Services to give us some insights on Nifty behaviour on the charts.
Byte 3: Jay Thakkar

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