Can the record rally continue? Vedanta, Bajaj Auto in spotlight | Market Minutes

In this episode of Market Minutes, Stacy Pereira talks about the key factors to watch out for today before the domestic market opens. Nifty managed to cross that 24,600 levels for the 1st time ever, showing that there is further up move especially if it manages to hold on to these levels.Sectoral rotation is also at play, with PSU banking names now again at the forefront. Across the globe, Donald Trumps failed assasination bid has sent Trump Media stock soaring as well as cryptocurrencies. Fed Chair Powell’s comments have yet again raised hopes of a rate cut. Among stocks in focus on July 16 will be Bajaj Auto and L&T finance among others that will be declaring their Q1 results. Vedanta opens QIP, with floor price set at Rs 461.26 per share. In our special Voice of the day segment, listen in to Temasek India Head Ravi Lambha on why hes so bullish on India.Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

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July 16, 2024 / 08:23 IST