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ETMarkets Evening Podcast: What will sway your market next week


Hi there! You are listening to ETMarkets Evening Podcast.

This is Abhinav Kaul and I will offer a wrap of todays trading on Dalal Street and bring you cues and tips from top analysts for the sessions ahead.

Today was the day of March derivatives series expiry, and as expected, the market seesawed all throughout due to a spike in activity.

It also happened to be the last trading day of this financial year as stock exchanges are shut for the next two days.

A sharp slide on Wall Street and a lower closing in Asia clouded investor sentiment.

The bluechip Sensex settled down 206 points, or 0.62 per cent, at 32,969.

The Nifty index ended with a loss of 0.69 per cent at 10,114.

Tata Steel and Bharti Airtel cracked over 3 per cent in the Sensex box.

Out of the total 30 stocks, 20 dropped into the red.

It was a bad day for telecom and metal indices, which tanked over 2 per cent. Consumer durables and oil & gas held up.

We have with us G Chokkalingam of Equinomics Research and Advisory to talk about the fundamental side of markets.

Byte 1: G Chokkalingam

Fortis saw the biggest jump in open interest at 107.43 per cent. The figure was 73.47 per cent for Shriram Transport Finance Company and 60.05 per cent for Cummins India.

Milan Vaishnav of Gemstone Equity Research and Advisory throws light on technicals.

Byte 2: Milan Vaishnav

India VIX, a barometer of volatility, went up.

Over to Vijay Singhania of Trade Smart Online for insights on F&O.

Byte 3: Vijay Singhania

That's all for now folks. Do check out ETMarkets.com for detailed market analysis and come back for our special weekend podcast on Saturday and regular morning podcast on Monday. Have a wonderful weekend ahead.

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