ETMarkets Morning Podcast: What's buzzing on breakfast tables this morning?

Hello and welcome to ETMarkets Morning Podcast.

After scaling fresh records highs on Monday, the market slowed down yesterday. But are there chances of any fresh fireworks on Dalal Street?

Well analysts don't feel that is the case and see a rather somber opening to the domestic equity markets.

So, on this note let's start the day ladies and gentlemen.
This is Saloni Goel, your market jockey with your daily briefing of all the news, views and cues.

The domestic markets on daily charts formed a candle similar to the ‘Doji’ pattern on the daily chart, suggesting investors’ indecisiveness at higher level.

In early morning trade, the Nifty50 futures on Singapore Stock Exchange were trading 40.50 points lower indicating a negative start for the domestic market.

On the Asian front, shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China's Communist Party conference.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.13 percent, near their highest since late 2007, while Australia was a fraction firmer.

In overnight trade, the Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday.

The Dow Jones Industrial Average rose 0.18 percent and ended at record closing high. The S&P 500 gained 1.72 points which was also a record high close. The Nasdaq Composite dipped 0.01 percent.

Rupee's snapped its six-session bull run on Tuesday after the currency tumbled by a sharp 28 paise to close at 65.02 a dollar on fresh bouts of demand for the American currency amid renewed Fed rate hike fears.

MAS Financial will make its stock market debut today after having concluded its initial share sale offer last week. The Rs 460 crore IPO was oversubscribed 128 times during October 6-10.

On the earnings front,
UltraTech Cement, Hindustan Zinc, Havells India, Indiabulls Housing Finance, NIIT Technologies, Zuari Agro Chemicals, Nocil, Tinplate and Zuari are some of the companies that will announce their quarterly earnings on Wednesday.

In stock specific action,
Watch out for Wipro and Axis Bank as both the companies announced their Q2 results post market hours yesterday.

Keep an eye on The Adani Group, as the company has joined the race to acquire the Indian renewable assets of Singapore-based Equis Energy.

Do look out for RIL as it has submitted a $1.4-billion plan to produce 7 million cubic metres a day of natural gas from KG-D6 deep-sea fields in the Bay of Bengal.

If you are looking for stock-specific triggers, there are plenty of them and over a dozen stock recommendations from top brokerages on www.etmarkets.com. If you need them daily, simply download our app on your phone and keep getting them on the go. We now also offer them in many other languages besides English.

Before I go, let’s have a look at some of the interesting headlines from ETMarkets print edition.

Mid and small-cap stocks have once again outperformed the benchmark indices in Samvat 2073. So far in the concluding Samvat, the S&P BSE MidCap and SmallCap indices have gained 19.6% and 25.6%, respectively, outpacing the 16.7% gains in the S&P BSE Sensex.

Gold demand remained subdued this Dhanteras, with overall sales falling by 30% compared with the 2016 festival season, but consumer purchases were higher than those recorded during Navratri and Dussehra late last month.

Well, that's it for the day.

Thank you for listening in. Do enjoy your trading and make lots of money.

But don't forget to to log on to www.etmarkets.com for continuous updates on every development in the financial markets. Have a great day ahead and a very Happy Diwali.