MarketBuzz
MarketBuzz
CNBC-TV18
934: Sensex and Nifty likely to make a gap-up start today as ebbing inflation fears lift global markets
2 minutes Posted Aug 11, 2022 at 3:50 am.
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Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Thursday's session sharply higher tracking strength across global markets, after a better-than-expected inflation reading from the US eased growing concerns about steep hikes in COVID-era interest rates. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — jumped as much as 211.5 points or 1.2 percent to 17,758 ahead of the opening bell on Dalal Street.