Mediaboss Marketing

Hi there! From ETMarkets.com, this is Abhinav Kaul with Your Evening Briefing.

LETS START WITH THE TOP HEADLINES AT THIS HOUR

>> CSB Bank IPO subscribed over 87 times on Day 3>> Moody's warns BPCL of rating downgrade>> RBI revises framework on currency swap for SAARC>> OYO's net loss widens to Rs 2,385 cr for FY19>> Investors fret as India bars brokerage Karvy>> Rupee spurts to over 2-week high of 71.50

Now, a quick glance at what happened in the stock market.

Sensex closed 65 points lower at 40,821, while Nifty slipped 36 points to 12,038.

Earlier in the day, Sensex rose as much as 231 points to record high of 41,120, while Nifty climbed 59 points to all-time high of 12,132.

Market breadth tilted in favour of the bears.

In broader market, BSE midcap and BSE smallcap indices fell 0.79 per cent and 0.38 per cent, respectively.

All, but three sectoral indices closed lower. BSE telecom index was the top loser, shedding 4.93 per cent.

We have with us Ajit Mishra, Vice President of Religare Broking to talk about market fundamentals.

Do you think Sensex and Nifty can extend positive momentum?

Where do you see value in midcaps and smallcaps?

Nifty hit an all-time intraday high on Tuesday, before giving up the gains and closing the day in the red amid high-voltage political developments in Maharashtra.

Lets go across to Manav Chopra of Indiabulls Venture to talk about market technical and derivatives.

What is your take on the banking sector?

How are midcaps looking on the charts?

Thats all for now, folks. Do check out ETMarkets.com for detailed market analysis and download the ETMarkets app on your phone for round-the-clock market coverage, investment tips and dozens of stock recommendations.

Continued here:
ETMarkets Evening Podcast: Will the bears take back control now? - Economic Times