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MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to make a gap-down start amid weak global cues

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MarketBuzz Podcast With Ekta Batra: Sensex and Nifty50 likely to make a gap-down start amid weak global cues

Jul 12, 2022 12:08 AM

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down opening on Tuesday, a day after both halted a three-day winning run, amid weakness across global markets as nervousness persisted among investors on steep hikes in interest rates and their impact on economic growth.

Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — dropped as much as 130 points or 0.8 percent to 16,068.5.

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