Indian stock markets set to open at fresh record highs for a fourth session in a row on Thursday, after the U.S. economic data kept intact the expectations of a U.S. Federal Reserve rate cut by March 2024 and as oil prices dropped. Things to watch out would include weekly options expiry, oil prices after Brent slips below $ 75/ barrel mark and FM's comments at CII event. In today’s session, Govt's divestment in IRCON, Warburg Pincus' Stake Sale in IDFC First Bank and Bharti Airtel, Brokerage downgrade on Paytm, price hike by M&M and sugar stocks will be in focus as govt steps in to check prices. Catch Moneycontrol's Nickey Mirchandani in conversation with Ruchit Jain, Lead Research Analyst at 5Paisa and Pankaj Pandey, Head Retail Research ICICIDIRECT.
first published: Dec 7, 2023 09:14 am
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